The global EMI shielding market to grow from USD 7.0 billion in 2023 to USD 9.4 billion in 2028 at a CAGR of 5.9% during the forecast period. Stringent government regulations and standards, and rising proliferation of wireless devices are the major driving factors for the growth of the EMI shielding market.
EMI Shielding companies include:
Other key players include Effective Shielding Company (US), Atlanta Metal Coating (US), E-SONG EMC (South Korea), ETS Lindgren (US), Holland Shielding Systems BV (Netherlands), Icotek (Germany), Integrated Polymer Solutions (US), Interstate Speciality Products (US), Kemtron Ltd (UK), Kitagawa Industries Co. Ltd. (Japan), Marian Inc. (US), Entrium Co Ltd. (South Korea), Omega Shielding Products (US), Seal Science (US), and Spira Manufacturing (US).
These players have adopted various growth strategies to strengthen their position in the EMI shielding market. The strategies include product launches, expansions, partnerships, collaborations, and mergers and acquisitions.
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Parker Hannifin Corp (US)
Parker Hannifin Corp is a leading manufacturer of motion and control technologies and systems, providing solutions for a wide variety of markets, including mobile, industrial, and aerospace. The company is organized into two main segments: Diversified Industrial and Aerospace Systems. These segments encompass seven product groups focused on core motion and control technologies: aerospace, automation, engineered materials, filtration, fluid connectors, hydraulics, and instrumentation. Parker Hannifin Corp has focused on product launches and collaborations to diversify its portfolio. It has a presence in North America, Europe, Asia Pacific, the Middle East, and Africa.
PPG Industries Inc. (US)
PPG Industries inc. is known for its inventive, and eco-friendly coating solutions. The company engages in the production and distribution of coatings, specialty materials, and glass products to clients operating within the industrial, transportation, consumer goods, and construction sectors. PPG's business operations are structured into two primary segments: Performance Coatings and Industrial Coatings. These coating solutions are categorized based on their application in sectors like aerospace, architectural coatings, automotive OEM coatings, automotive refinish, industrial coatings, packaging coatings, protective and marine coatings, specialty coatings and materials, and coating services. Notably, the Industrial Coatings division offers an range of coatings and materials designed for electromagnetic compatibility (EMC) shielding in applications spanning consumer electronics, automotive, and aerospace. The company has adopted organic and inorganic strategies to sustain its position in the EMI shielding market. This includes various product launches and developments, as well as acquisitions. Across the Americas, Europe, the Middle East and Africa, and Asia-Pacific, the company conducts business.
3M (US)
3M, a diversified technology company, has a presence in various industries, including industrial, safety and graphics, electronics and energy, healthcare, and consumer goods. Among its extensive product offerings, 3M provides a comprehensive range of EMI shielding solutions, encompassing EMI shielding tapes and EMI absorbers. 3M's business structure comprises four distinct segments: Safety & Industrial, Transportation & Electronics, Healthcare, and Consumer. Significantly, EMI shielding solutions fall under the Safety & Industrial segment. Within this segment, 3M offers products like Cable Shielding Accessories, Embedded Capacitance Materials, EMI Absorbers, EMI Shielding Gasket Tapes, Copper Tapes, and Electrically Conductive Tape. The company focuses on organic growth strategies to strengthen its position in the market. It operates in North America, Europe, South America, Asia Pacific, and the Middle East and Africa.
Hankel (Germany)
Henkel, a global player in the adhesive industry, offers a vast array of technologies catering to a wide range of global markets and industries. The company engages in the manufacturing and distribution of home and beauty care products in addition to providing adhesive solutions. Henkel primarily operates through three key business segments: Laundry & Home Care, Beauty Care, and Adhesive Technologies. Within the Adhesive Technologies segment, Henkel provides industrial adhesives for applications like food packaging and consumer goods, high-tech adhesives and materials for manufacturers of microchips, electronic assemblies, and thermal management systems. The company has been focusing on expanding its product portfolio through product launches and developments. It operates in North America, Europe, South America, Asia Pacific, and the Middle East and Africa.
Related Reports:
EMI Shielding Market by Material (Conductive Coatings & Paints, Conductive Polymers, Conductive Elastomers, Metal Shielding, EMI Shielding Tapes, EMI/EMC Filters), Method (Radiation, Conduction), Load Type, Industry & Region - Global Forecast to 2028
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