The global Electromagnetic Interference (EMI) shielding market was valued at USD 6.8 billion in 2022 and is forecasted to reach USD 10.4 billion by 2030, expanding at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2030. One of the primary drivers of this growth is the rapid progress in the 5G technology sector, which demands highly reliable signal transmission, coupled with the accelerated pace of digital transformation across major industries. This surge in digitization is largely fueled by the growing need for enhanced service quality, improved connectivity, and advanced technological solutions in key sectors such as automotive, telecommunications, IT, consumer electronics, and aerospace & defense.

EMI shielding refers to the use of protective techniques and materials in electrical and electronic systems to prevent unwanted electromagnetic interference from affecting the performance of sensitive components or disrupting nearby devices. In telecommunications, EMI can degrade signal quality, cause data loss, and delay transmission and reception, ultimately leading to increased network latency and reduced system reliability. To mitigate these risks, EMI shielding uses specialized materials (such as conductive coatings, foils, and gaskets) and engineering design techniques to contain or block electromagnetic radiation, ensuring it does not enter or escape designated components or zones.

The market is experiencing substantial growth due to the widening scope of EMI shielding applications. In the automotive industry, it is critical for protecting sensitive electronic control units and advanced driver-assistance systems (ADAS). In telecommunications and IT, especially in the deployment of 5G networks, EMI shielding ensures uninterrupted high-speed data transfer. In consumer electronics, it prevents device malfunctions caused by cross-interference among tightly packed circuits. Furthermore, the aerospace and defense sector is a major consumer of EMI shielding products, driven by the need for uncompromised performance in radar systems, communication networks, and avionics.

The Aerospace Industries Association reported that the U.S. aerospace and defense industry achieved a revenue of USD 892 billion in 2022, marking a 2.1% increase compared to 2021. This steady growth in aerospace spending further supports the rising demand for advanced EMI shielding solutions in military and commercial aircraft, satellites, and defense communication systems. 

Key Market Trends & Insights:

• North America captured 26.35% of the global revenue share in 2022, with the United States contributing 82.15% of the region’s total market. This dominance is attributed to the strong presence of major electronics, aerospace, and defense manufacturers, along with high adoption of advanced communication technologies.
• Asia Pacific is projected to be the fastest-growing regional market during the forecast period, fueled by the rapid expansion of the electronics manufacturing industry, large-scale 5G infrastructure deployment, and rising investments in automotive electronics in countries like China, Japan, South Korea, and India.
• The conductive coatings & paints segment was the largest in 2022, holding 32.6% of the global revenue share. This shielding method is widely used as it creates a conductive surface capable of reflecting or absorbing electromagnetic radiation, providing cost-effective and efficient EMI protection in a variety of applications, from smartphones to aerospace equipment.

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Market Size & Forecast:

• 2022 Market Size: USD 6.8 Billion
• 2030 Projected Market Size: USD 10.4 Billion
• CAGR (2023-2030): 5.5%
• North America: Largest market in 2022
• Asia Pacific: Fastest growing market

Key Companies & Market Share Insights:

The competitive landscape of the EMI shielding market is fragmented, with manufacturers adopting strategies such as mergers and acquisitions, joint ventures, new material development, and geographic expansion to strengthen their global footprint. Companies are also focusing on technological upgrades and new product launches to meet the evolving needs of industries with stringent EMI compliance requirements.

For example, in August 2023, SCHAFFNER Holding AG expanded its product portfolio by launching a new RT-Common Mode Choke series designed for mid-size power range drives. These products are extensively used in motor drives and robotics to filter EMI and improve operational efficiency. This move not only enhances Schaffner’s EMI filtering solutions offering but also strengthens its competitive positioning in the industrial automation and robotics sectors, enabling it to secure a sustainable market share.

Key Players

Some of the prominent players in the global EMI shielding market include:

• Laird Technologies Inc.
• 3M Company
• Huntsman International LLC
• ETS-Lindgren
• Omega Shielding Products
• RTP Company
• PPG Industries
• Henkel AG & Co. KGaA
• Parker Hannifin Corporation
• Tech-Etch Inc.
• HEICO Corporation
• SCHAFFNER Holding AG

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Conclusion:

The global EMI shielding market is set for steady growth, driven by the rapid expansion of 5G technology, increasing digitization across industries, and rising demand for uninterrupted, high-performance electronic systems. As electromagnetic interference poses a significant risk to the functionality and reliability of sensitive devices, the adoption of advanced shielding materials and design solutions is becoming a critical requirement across sectors such as automotive, telecommunications, consumer electronics, aerospace, and defense. While North America currently holds a strong position due to its technological maturity and robust industrial base, Asia Pacific is emerging as the fastest-growing region, supported by large-scale manufacturing and infrastructure developments. With ongoing innovations in conductive coatings, materials, and EMI filtering technologies, market players that invest in advanced, application-specific solutions will be best positioned to capitalize on the growing demand and strengthen their global market presence.