growth in global electronics production is driving the Electromagnetic Interference (EMI) Shielding Market
Technavio analyzes that the Electromagnetic Interference (EMI) Shielding Market is expected to grow at a CAGR of 7.27% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 3530.9 million.There are various factors that contribute to the growth of the market. The Electromagnetic Interference (EMI) shielding market is poised for significant growth due to the increasing global production of electronics. With the continuous expansion of the electronics industry, the demand for EMI shielding solutions is escalating. These shielding materials are essential for protecting sensitive electronic components from electromagnetic interference and radio frequency interference. As production volumes rise, the market for EMI shielding is expected to experience robust growth, driven by the need to ensure the reliable performance and functionality of electronic devices.
In the electromagnetic environment, Electromagnetic Interference (EMI) can significantly impact the functionality of electronic components and systems within the electronics manufacturing industry. EMI shielding is a crucial solution to mitigate the adverse effects of electromagnetic radiations and electromagnetic waves. Conduction shielding, a popular method in EMI shielding, utilizes conductive materials such as copper, aluminum, and conductive coatings to absorb and ground EMI through direct physical contact. This technique offers several advantages, including the provision of a continuous grounding path, thereby preventing EMI from affecting the electronic device's performance. Conduction shielding is particularly effective against low-frequency interference and is commonly implemented using conductive gaskets around electronic device casings. These gaskets ensure that any EMI penetrating through joints or openings is effectively grounded, thereby maintaining the integrity and reliability of sensitive electronic equipment.
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Electromagnetic Interference (EMI) Shielding Market Segmentation
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In the era of digitization, the electromagnetic interference (EMI) shielding market gains significance due to the increasing use of consumer electronics and the telecom industry in the electromagnetic environment. EMI, causing operational inefficiencies and safety hazards, affects major industries like 5G technology sector. Sensitive electronic components in Smartphones, Wearables, Tablets, and Wireless communication modules are vulnerable to EMI from nearby devices. In the telecommunication services space, signal quality and network performance are crucial, making EMI shielding an essential solution for Bluetooth devices and other components.
The Electromagnetic Interference (EMI) Shielding Market is a significant segment of the larger global electrical components and equipment market. This market caters to industries such as telecommunications, specifically 4G and 5G technology sectors, aerospace and defense, healthcare, and automotive. Key players in this market offer solutions like aluminum shielding, conductive coatings, and conductive polymers to ensure accurate readings for antennas, Bluetooth devices, and blood glucose meters, among others. Companies providing EMI shielding solutions are integral to the manufacturing value chain of electrical components and equipment, including motors, automation systems, sensors, and transmitters. The market's size is determined by the combined revenue generated from the sales of these products and the rental and leasing services to various industries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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