NEW YORK, Aug. 4, 2021 /PRNewswire/ -- According to the latest report offered by Reports and Data, the Global Electromagnetic Interference (EMI) Shielding Market size is expected to exceed USD 9.69 Billion and register a revenue CAGR of 5.0% over the forecast period. Key factors such as increasing demand for a variety of advanced and smart consumer electronics goods and appliances, ongoing pilot projects and field trials to check viability of 5G technology, and increasing electromagnetic pollution are driving robust global EMI shielding market revenue growth currently.
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Electromagnetic Interference (EMI) can disrupt functionality of equipment, electronic devices, and systems that are used in critical applications including military and aerospace electronics, medical devices and equipment, industrial equipment touch screens, consumer electronics and appliances, navigation and vehicular control and guidance systems, mass transit systems, and others. EMI can result in temporary disturbance, data losses, and also critical system failure.
Increasing implementation of government policies to minimize electromagnetic radiations in the environment is another factor prompting electronic product manufacturers to utilize conductive coatings and paints that offer advanced EMI shielding for non-metallic surfaces and plastics in telecommunication devices and equipment, smartphones and connected devices, consumer electronics, medical and military devices, and others. Rapidly increasing usage of devices connected to Wi-Fi and cellular networks across the globe is expected to continue to drive advancements in EMI shielding technologies and solutions, and support growth of the global EMI shielding market to a significant extent.
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Some key findings from the report
Some major companies operating in the global EMI shielding market include:
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For the purpose of this report, Reports and Data has segmented the global EMI shielding market on the basis of type, method, industry, and region:
Type Outlook (Revenue, USD Billion; 2018-2028)
Method Outlook (Revenue, USD Billion; 2018-2028)
Industry Outlook (Revenue, USD Billion; 2018-2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
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