The global EMI shielding market is expected to reach USD 9.69 billion in 2029 from USD 7.34 billion in 2024, at a CAGR of 5.7% during the forecast period. The increasing proliferation of electronic devices and wireless technologies in consumer electronics, automotive, aerospace, telecommunications, and healthcare create growing demands for EMI (Electromagnetic Interference) shielding. As devices get smaller and more interconnected, they radiate higher electromagnetic emissions that interfere with nearby equipment, causing an overall disruption in performance and, in some cases, safety concerns. Strict EMC regulatory standards and the requirement to protect sensitive components against critical application, such as medical equipment or self-driving vehicles, lead to increased demand.
The key players operating in the EMI shielding market include Parker Hannifin Corp (US), PPG Industries Inc (US), 3M (US), Henkel AG & CO. KGAA (Germany), Laird Technologies, Inc. (US), Leader Tech Inc.(US), MG Chemicals (Canada), Nolato AB (Sweden), Tech Etch, Inc. (US), RTP Company (US), Schaffner Holding AG (Switzerland), TE Connectivity (Switzerland), Kitagawa Industries America Inc. (US), ETS Lindgren (US), Seal Science (US), E song EMC Co Ltd. (South Korea), East Coast Shielding (US), Effective Shielding Co Inc (US), Atlanta Metal Coating, Inc. (US), Holland Shielding Systems BV (Netherlands), Icotek (Germany), Integrated Polymer Solutions (US), Interstate Specialty Products (US), Marian Inc (US), Ntrium Co Ltd. (South Korea), Omega Shielding Products (US), Spira Manufacturing (US). These players have adopted various growth strategies to strengthen their EMI shielding market position. The methods include product launches, expansions, partnerships, collaborations, and mergers and acquisitions.
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Major EMI Shielding companies include:
Parker Hannifin Corp (US)
Parker Hannifin Corporation is one of the major players in manufacturing and developing motion and control technologies. However, it provides solutions to various markets, including mobile, industrial, and aerospace. The company operates through two primary business segments: Diversified Industrial Segment and Aerospace Systems Segment. Based on these segments, Parker Hannifin offers seven key product groups focused on essential motion and control technologies, including aerospace, automation, engineered materials, filtration, fluid connectors, hydraulics, and instrumentation.
PPG Industries Inc. (US)
PPG Industries, Inc. is renowned for its innovative and environmentally friendly coating solutions. It manufactures and distributes coatings, specialty materials, and glass products to industrial, transportation, consumer goods, and construction customers. Its businesses are divided into two reportable segments: Performance Coatings and Industrial Coatings. These solutions address diverse applications, including aerospace, architectural coatings, automotive OEM coatings, automotive refinish, industrial coatings, packaging coatings, protective and marine coatings, specialty coatings and materials, and coating services. The Industrial Coatings division offers variety of products that serve electromagnetic compatibility (EMC) shielding purposes, with industries such as consumer electronics, automotive, and aerospace being among the end users.
3M (US)
3M is one company that operates using technology, extended to industries such as industrial, safety and graphics, electronics and energy, healthcare, and consumer goods. The company boasts a variety of EMI shielding solutions, with its products being extended from EMI shielding tapes and absorbers. The firm comprises four major operating segments namely: Safety and Industrial, Transportation and Electronics, Healthcare, and Consumer. EMI shielding solutions fall within 3M's Safety and Industrial segment, providing cable shielding accessories, embedded capacitance materials, EMI absorbers, shielding gasket tapes, copper tapes, and electrically conductive tapes.
Henkel AG & CO. KGAA (Germany)
Henkel AG & CO. KGAA is a global player in the adhesive industry with a wide array of technologies serving a broad global market and industries. The company manufactures and distributes home and beauty care products aside from adhesive solutions. The business unit of Henkel operates mainly through two main business segments which are adhesive technologies and consumer brands. The Adhesive Technologies segment supports industries with industrial adhesives in applications such as food packaging and consumer goods, high-tech adhesives and materials in microchips, electronic assemblies, and thermal management systems.
Related Reports:
EMI Shielding Market by Type (Narrowband EMI, Broadband EMI), Method (Radiation, Conduction), Material (Coatings & Paints, Polymers, Elastomers, Metal Shielding, EMI/EMC Filters, EMI Tapes & Laminates), Frequency (Low, High) - Global Forecast to 2029
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