Global EMI Shielding Materials Market: Snapshot

The leading factor currently driving the global EMI shielding materials market is the increase in demand for telecommunications infrastructure across the world. Both private and government entities are pushing for greater sophistication and penetration of electronic grids and devices across all industries, thereby making it necessary to use EMI shields to protect users from electromagnetic radiation. The market is also being driven by the rising demand for next-generation, integrated electronic circuits. Their percolation into common consumer electronics is making it next to mandatory for device manufacturers to equip their devices with EMI shields. However, the global EMI shielding materials market is being restrained by the stringent regulatory guidelines surrounding the type of materials that can be used along with the emission norms pertaining to their manufacture. The market is also being slowed due to the expensive manufacturing process which is a key issue for smaller players.

The global EMI shielding materials market was valued at US$6.08 bn in 2015 and is anticipated to reach US$10.75 bn by 2024, after expanding at a CAGR of 6.7% within a forecast period from 2016 and 2024.

global emi shielding market

APAC and North America Dominate Demand for EMI Shield Materials

The global EMI shielding materials market can be segmented on the basis of geography, into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Of these, the market was visibly propelled by North America, followed closely by Europe, in terms of demand volume and revenue share increments for 2015. Their strength in the global EMI shielding materials market has been attributed to their high level of establishment of telecom infrastructures and a high production capacity among regional players, along with their adaptability to constant changes and sophistications in technologies. The growth of the global EMI shielding materials market is largely reliant on the changing lifestyle as well the need for better technology.

Europe is expected to maintain its key position in the global EMI shielding materials market due to its steady increase in the demand for better electronic products. Meanwhile, Asia Pacific contributed the leading share in the global EMI shielding materials market in 2015 in terms of revenue. The rapid development of the industries of defense, electronics, and automotive is expected to increase the utilization of EMI shielding materials in the region and hence is likely to lead to the growth of the global market as well. Among the countries in Asia Pacific, a leading share in EMI shielding materials revenue was held by China in 2015.

Conductive Coatings Utility in EMI Shields Expected to Increase

Conductive coatings and metals are already heavily used as key materials for EMI shields. Metals were being used more in the past few years. However, the use of conductive coatings has increased in recent days as they can be used in a wider array of applications. This trend is expected to stay prominent in the coming years as well. Conductive coatings possess various superior properties such as better thermal conductivity, due to which they are seen extensively over the recent years. With changing trends in the use of electronic devices, the rate of EM radiation emission has also increased to a large extent. The benefits and the protection provided by EMI shielding materials are the driving cause for their extensive use now and in the future.

EMI shielding materials are used widely in application segments including defense, electronics, automotive, telecommunications, aerospace, and medical. The demand for EMI shielding materials is very high in electronics due to the possible improvisations in the electronic devices and the incorporation of better integrated chips and circuits in the devices which would cause high emission of radiations. The utilization of EMI shielding materials in defense has also increased in the last few years in the increasingly sophisticated GPS and radar devices, a lot of which can cause high amount of emission that can affect other defense equipment as well as the person operating it.

Leading players in the global EMI shielding market to date, have included 3M, Parker Hannifin Corp, HEICO Corporation, Laird, Kitagawa Industries Co., Ltd., SAS Industries, Inc., and Marktek Inc.

Global EMI Shielding Materials Market: Overview

EMI Shielding is done to prevent other nearby electronics devices from getting damaged due to the radiations such as EMI radiations that are emitted by electronic devices on a large scale. These emissions can alter the functioning of other devise as well as harm the user if the radiations are of higher intensity. There have been large number of developments in EMI Shielding Materials ever since they are been used.

In the recent times, the use of better electronic devices has increased as compared to earlier times and hence there is an increase in the demand for materials that are being used for the purpose of EMI Shielding. The devices which are being used in the modern day technologies in fields such as defense, aerospace, telecommunications and automotive may result in high amount of EMI radiations which would in turn lead to the disturbance or destruction of the other devices.  This provides a major opportunity for the market of EMI Shielding Materials to develop in the future as well. Asia Pacific and North America are the largest regions for the market of EMI Shielding Materials and are expected to hold a strong position in the coming days as well

The market is expected to witness development at a constant rate and is expected to find applications in more fields as well due to the inclusion of better electronic devices which are prone to high emission of EMI radiations. The market players operating are expected to increase in the later days which would provide a boost to the market of EMI Shielding Materials.

Global EMI Shielding Materials Market: Research Methodologies

The report estimates and forecasts the EMI Shielding materials market on the global and regional levels. The study provides forecast between 2016 and 2024 based on volume (million tons / kilo tons) and revenue (US$ Bn / US$ Mn) with 2015 as the base year. The report comprises an exhaustive value chain analysis for each of the segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the EMI Shielding materials market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the EMI Shielding materials market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes substitute analysis of EMI Shielding materials and global average price trend analysis.

The report includes Porter’s Five Forces Model to determine the degree of competition in the EMI Shielding materials market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-users and regions have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for EMI Shielding materials between 2016 and 2024.

Global EMI Shielding Materials Market: Scope of the Study

The study provides a comprehensive view of the EMI Shielding materials market by dividing it into product, application and geography segments. The product have been segmented into material types such as conductive coatings, metals, conductive plastics, laminates and others. The applications are segmented defense, electronics, automotive, telecommunications, aerospace and medical. These segments have been analyzed based on historic, present, and future trends.

Regional segmentation includes the current and forecast consumption of EMI Shielding materials in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). Market segmentation includes demand for consumption in all the regions individually.

Secondary research sources that were typically referred to include, but were not limited to, company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.

Global EMI Shielding Materials Market: Competitive Analysis

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include 3M, Parker Hannifin Corp, HEICO Corporation, Laird, Kitagawa Industries Co., Ltd., SAS Industries, Inc. and Marktek Inc. and Others. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).

The global EMI Shielding materials market has been segmented as follows:

EMI Shielding Materials Market – Material Analysis

  • Conductive Coatings
  • Metals
  • Conductive Plastics
  • Laminates
  • Others

EMI Shielding Materials Market – Application Analysis

  • Defense
  • Electronics
  • Automotive
  • Telecommunications
  • Aerospace
  • Medical

EMI Shielding Materials Market – Regional Analysis

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • France
    • Spain
    • Italy
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa