EMI Shielding Market Segmentation:
The global EMI shielding market is segmented and analyzed for demand and supply by application into automotive, defense & aerospace, healthcare, telecom & IT, and consumer electronics. Out of these five segments, the automotive segment is expected to garner the largest market share over the projected time frame. The growth of the segment can be attributed to the rise in demand for the production of vehicles across the world, as the implementation of EMI shielding has radically surged in remote starters, automatic sliding doors, and power seats in automotive. As per the Organization of Motor Vehicle Manufacturers, the global production of vehicles was 80,145,988 units in 2021. This is a rise from 77,711,725 units in 2020. Besides this, the growing adoption and demand for electric vehicles are also estimated to accelerate the segment growth further over the projected time frame.
The global EMI shielding market is also segmented and analyzed for demand and supply by material into tapes & laminates, conductive coatings & paints, metal shielding, conductive polymers, and EMI filters. Amongst these segments, the conductive coatings & paints segment is expected to garner a significant share during the forecast period. The growth of the segment can be attributed to the growing ratio of smart coatings in several industries for cleaning and healing objectives. Moreover, the reduced inspection time, fewer equipment errors, and cost-effectiveness of conductive coatings & paints are some further factors that are anticipated to boost the growth of the segment throughout the forecast period.
Our in-depth analysis of the global EMI shielding market includes the following segments:
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