EMI/RFI Market

Global EMI/RFI Market Size (2024 to 2029)

The size of the global EMI/RFI market was worth USD 7.4 billion in 2023. The global market is anticipated to reach a valuation of USD 16.03 billion by 2029 from USD 11.83 billion in 2024, registering a CAGR of 5.15% from 2024 to 2029.

Current Scenario of the global EMI/RFI Market

Currently, the escalating demand for EMI/RFI shielding because of fast-paced commercial automation and extensive application in domestic electronics is driving the market growth. Apart from this, the surging use of conductive coatings and coverings to provide EMI shielding for non-metallic textures and plastics in mobiles is adding to the expansion of the industry. Moreover, the increasing incorporation of infotainment devices, voice-activated characteristics, and Bluetooth settings in several electronic systems to improve their performance is giving a positive market outlook. Besides this, the surge in deployment of stringent electromagnetic compatibility (EMC) criteria and norms by controlling agencies of different nations to ensure electromagnetic uniformity and consistency and lower intervention is backing the development of the market. Furthermore, the rising use in the defense and aerospace industry to safeguard several sensitive equipment and devices from electromagnetic disturbance and maintain functional productivity is strengthening the market growth.

MARKET DRIVERS

The rising pace of industrialization and growing need for household electronics are contributing to the expansion of the EMI/RFI market. 

Moreover, the strict government laws in several sectors like telecommunications, consumer electronics and automotive and larger investments by the producers for expansion are influencing the market growth. As sectors advance and expand, they progressively depend on wireless and electronic gadgets and equipment to enhance efficiency, digitalization, robotization and effectiveness. However, this rapid popularisation of electronic devices and machinery resulted in heavier electromagnetic surroundings inside the industrial environment. With various instruments working concurrently, the danger of electromagnetic interference (EMI) also intensifies. This can interrupt the smooth running of important industrial machinery, possibly leading to functional shortcomings, data corruption and even security threats. To reduce these dangers and ensure the continuous working of commercial equipment, EMI shielding is crucial.

The growing accessibility of 5G connectivity is also driving the market expansion.

As of now, the spread of data-driven usages, like the Internet of Things (IoT), augmented reality (AR) and video streaming, is generating a demand for quicker and more dependable connectivity. 5G technology offers considerably faster data transmission, reduced latency and higher capacity than earlier generations of wireless communication networks, which makes it appropriate to satisfy the requirements of these end-uses. Additionally, the growing miniaturization of systems and increasing technological developments in medical electronics are also part of the factors contributing to the EMI/RFI market growth.

MARKET RESTRAINTS

The limited productiveness of conventional techniques is restricting the EMI/RFI market.

Traditional EMI shielding methods, which particularly include adding coatings of guarding materials such as metal or conductive layers, are proving insufficient for shielding present electronic gadgets and systems from electromagnetic interference (EMI). These traditional methods encounter issues in the domain of modern electronics for various reasons, these factors are likely to hinder the growth of the EMI/ RFI market.

MARKET OPPORTUNITIES

The surging application of unique electronics in different industries presents potential opportunities for the EMI/RFI market growth.

The extensive use of sophisticated electronics in varied sectors exhibits a significant avenue for market expansion. For example, the rising incidence of digital medical solutions involving healthcare systems, telemedicine, and equipment paves the way for EMI shielding companies. As the medical industry becomes progressively reliant on electronic devices, the need for effective electromagnetic interference guarding to protect patient security and data privacy is the top priority. Furthermore, the growing incorporation of elements, like antennas and integrated circuits (ICs), under the same semiconductor package propels the demand for package-level EMI shielding products. This pattern generates opportunities for industry players to advance further in unique substances and technologies to solve the transforming requirements of the electronics sector.

MARKET CHALLENGES

The growing complications due to miniaturization are the major challenge for the EMI/RFI market.

As electronic gadgets and systems decrease in size and intricacy, conventional EMI shielding techniques, usually including the addition of heavy protecting materials, face constraints owing to the limited space given in this miniature equipment. The denseness of elements and their immediate vicinity make it difficult to detect and reduce EMI problems within these appliances. Traditional guarding solutions, like metal sheets, show they are inappropriate for these compact devices as they cannot be smoothly incorporated into current designs. This challenge requires the creation of unique and space-conscious products that can efficiently shield smaller electronic systems from electromagnetic interruptions without sacrificing or diminishing their form element or performance. This need for innovative guarding solutions elevates the cost of products in the EMI shielding market.

REPORT COVERAGE

SEGMENT ANALYSIS

Global EMI/RFI Market Analysis By Material

The conductive coatings and paints segment is the most prevalent segment and accounted for a considerable share of the EMI/RFI market during the forecast period. These paints and coats consist of conductive substances, particularly metallic fragments or carbon-based additives, which enable electrical conduction to the layered surface. Moreover, metal particles, carbon, and graphite are utilized to create paints and coatings as semiconductor materials. They provide a shielding substance that can cover planes, like plastic enclosures, to make an electrical shield against EMI or RFI. Coatings and paints built of electroconductivity enable resilience and adaptability to be intricated geometries.

Global EMI/RFI Market Analysis By Shielding Method

The radiation segment is anticipated to account for a substantial share of the global EMI/RFI market during the forecast period. Radiation-based shielding techniques have risen as a main force in the market because of their adjustability, effectiveness, and affordability. These methods, which include the application of electromagnetic waves to stop or mitigate unnecessary EMI, can be employed on a broad spectrum of substances and surfaces, positioning them as an appropriate option for a wide array of usages.

Global EMI/RFI Market Analysis By End-Use Industry

The consumer electronics segment held the maximum share of the EMI/RFI market in 2023. The broad variety of active gadgets and systems, involving wearable devices, digital cameras, camcorders, e-books, televisions, laptops, and smartphones, becoming a major part of their lifestyle is one of the factors behind this growth. These systems are upgraded to improve connectivity, entertainment, efficiency, and comfort for customers, contributing to the segment’s market size. Also, domestic electronics include a wide variety from small handy gadgets to bigger house appliances and entertainment devices. They enable people to stay connected with colleagues, the workplace, family and friends via social media and video calling applications. These also furnish internet availability and allow data sharing, digital collaboration, and access to a large number of online content.

REGIONAL ANALYSIS

North America was the biggest regional segment in the global market in 2023.

North America is an immensely technologically developed regional segment in the EMI/RFI market due to extensive R&D projects in the areas of defense equipment, healthcare, and space exploration. The United States has the biggest defense budget worldwide. The regional healthcare industry is predicted to move forward owing to the rising population and growing spending power. North America holds a considerable industry share, with the United States having more than 80 percent of the regional market share.

Asia-Pacific is the most lucrative regional segment in the worldwide market right now.

Asia Pacific is the swiftly advancing EMI/RFI market throughout the forecast period because of the presence of various electronics producers. Moreover, the elevated pace of industrialization and infrastructure development are the two elements propelling the market, especially in India. The household electronics companies and automotive sector are pushing the APAC’s market share. In addition, the rapid adoption of information technology and telecommunications is believed to further surge the regional market size in the future. There is still vast untapped opportunity in the area and the reduced functioning cost is a vital component taking the industry forward in the PAC region. Additionally, the growing inclination towards and production of EVs and other commercial operations has been propelling the market.

KEY PLAYERS IN THE GLOBAL EMI/RFI MARKET

Companies playing a prominent role in the global EMI/RFI market include SCHAFFNER Holding AG, Laird Technologies Inc., HEICO Corporation, 3M Company, Tech-Etch Inc., Huntsman International LLC, Parker Hannifin Corporation, PPG Industries, ETS-Lindgren, Henkel AG & Co. KGaA, Omega Shielding Products, RTP Company, and Others.

RECENT HAPPENINGS IN THE GLOBAL EMI/RFI MARKET

• In April 2024, Saelig Company, Inc. reported the developments and upgrades to Ramsey RF Test Enclosures. It now comes with extra standard characteristics included in the majority of benchtops, forensic and rack-mount EMI-quiet enclosures: dual 120 mm or 60mm honeycomb vents crucial for stopping from overheating during tests and 3/4-inch RF-absorbent foam and an insider line.

DETAILED SEGMENTATION OF THE GLOBAL EMI/RFI MARKET INCLUDED IN THIS REPORT

This research report on the global EMI/RFI market has been segmented and sub-segmented based on material, shielding method, end-use industry, and region.

By Material

• EMI Shielding Tapes and Laminates
• Conductive Coatings and Paints
• Metal Shielding
• Conductive Polymers
• EMI/EMC Filters
• Others

By Shielding Method

• Radiation
• Conduction

By End-Use Industry

• Consumer Electronics
  • Smartphones
  • Tablets
  • Television
  • Others
• Telecom and IT
• Automotive
• Healthcare
• Defense and Aerospace
• Others

By Region

• North America 
• Europe 
• Asia Pacific
• Latin America 
• Middle East & Africa