The rapid increase in the use of electronic devices leads to electromagnetic pollution which consequently made the adoption of EMI shielding solutions important. The use of non-linear devices, increasing clock frequencies, faster slew rates, and increasing packaging concentration are further pressing the requirement for EMI shielding. Reliable protection against EMI substantially contributes toward safeguarding device or system reliability and also ensures that the device achieves its rated performance.

The EMI shielding market is expected to be valued at USD 6.3 billion in 2019

It is expected to reach USD 8.2 billion by 2024 at a CAGR of 5.34% from 2019 to 2024. Factors such as ongoing demonstrations of field trials and pilot projects to develop the viability of 5G technology and stringent environmental and EMC regulations across industries are driving the growth of the EMI shielding market.

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Key Market Players:

Laird (UK), Chomerics (US), PPG Industries (US), Integrated Polymer Solutions (US), and DowDuPont (US) are some of the leading players in the EMI shielding market. These players have been relying on their strong R&D capabilities and a balanced product portfolio to increase their customer base in the EMI shielding market.

Chomerics (US) held the leading position as the suppliers of various EMI shielding products to different industries. Chomerics is a major player offering conductive coating and paints for EMI shielding market where Laird Plc. (UK) is not present. With the support of its parent company—Parker Hannifin Corp., it is having presence in around 50 countries of the world. Chomerics is well-positioned in the said market since it offers diversified solutions to many industries, including electronic devices and components. Chomerics (US) also has a robust product portfolio in other components such as conductive elastomers and EMI shielding tapes.

Laird (UK) is one of the leading suppliers in the global EMI shielding market. The company provides components and solutions for the electronics industry across the globe and has a well-established network of subsidiaries, distributors, and representatives. Laird has significant presence in consumer electronics related technology such as wireless connectivity module, antennas, and thermal interface material (TIM). This helps the company to address all the requirements of the customers; thus, it has won more customers and ensure continuous revenue stream form different businesses.

PPG Industries manufactures and distributes coatings, specialty materials, and glass products. The company operates in 3 segments, namely, Performance Coating, Industrial Coating, and Glass. PPG Industries’ EMI shielding solution comes under the Performance Coating segment. The Performance Coating segment is further divided into Refinish, Aerospace, and Architectural Coating segments.

Other players in this market include 3M Company (US), Kitagawa Industries (Japan), Tech-Etch (US), Schaffner (Switzerland), and Nolato (Sweden), among others.