EMI Shielding Market Size is expected to grow at a CAGR of 4.4% from 2021 to 2026

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MarketsandMarkets Presents

EMI Shielding Market Size is expected to grow at
a CAGR of 4.4 from 2021 to 2026 EMI Shielding
Market with COVID-19 Impact, by Material (EMI
Shielding Tapes Laminates, Conductive Coatings
Paints, Metal Shielding, Conductive Polymers,
EMI/EMC Filters), Method (Radiation, Conduction),
Industry, and Region - Global Forecast to
2026 https//www.marketsandmarkets.com/Market-Rep
orts/emi-shielding-market-105681800.html
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According to the new market research report "EMI
Shielding Market with COVID-19 Impact, by
Material (EMI Shielding Tapes Laminates,
Conductive Coatings Paints, Metal Shielding,
Conductive Polymers, EMI/EMC Filters), Method
(Radiation, Conduction), Industry, and Region -
Global Forecast to 2026", the global EMI
shielding market size is projected to grow from
USD 6.2 billion in 2021 to reach USD 7.7 billion
by 2026 it is expected to grow at a CAGR of 4.4
from 2021 to 2026. The key factors fueling the
growth of this market include surging demand for
consumer electronics, increasing electromagnetic
pollutions, and ongoing field trials and pilot
tests evincing the viability of 5G
technology. Browse 204 market data Tables and 70
Figures spread through 221 Pages and in-depth TOC
on "EMI Shielding Market - Global Forecast to
2026"
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EMI shielding market for radiation accounted for
the larger size of the market in 2020. By method,
the radiation segment dominated the EMI shielding
market in 2020. Most electrical and electronic
devices radiate electromagnetic signals.
Increasing adoption of consumer electronics leads
to a significant increase in electromagnetic
pollution due to radiation. Hence, all these
signals must be kept within tight limits to
reduce the level of interference and avoid any
damage to the electrical circuitry of a device
and degradation in performance. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id105681800 Consumer electronics
industry is expected to hold the largest size of
the EMI shielding market in 2021. The consumer
electronics industry is expected to hold the
largest share of the market in 2021. The
proliferation of consumer electronic devices, the
availability of advanced products, such as
wearable devices, and the need to comply with EMI
shielding guidelines are expected to be the major
factors contributing to the growth of the EMI
shielding market in the consumer electronics
industry segment.
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APAC is projected to be the largest market
for EMI shielding from 2021 to 2026. APAC is
expected to account for the largest share of the
global EMI shielding market during the forecast
period. In the near future, the presence of huge
facilities producing automobiles and consumer
electronics will play a key role in the
development of the EMI shielding market in the
region. The growth of the EMI shielding market in
the region is attributed to the increasing use of
electronic systems and equipment in automobiles
and the rising focus on the deployment of 5G
infrastructure. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id105681800 PPG Industries (US),
Parker-Hannifin (US), 3M (US), Henkel (Germany),
Laird Performance Materials (UK), RTP Company
(US), Schaffner (Switzerland), Tech-Etch (US),
and Leader Tech (US) are some of the major
players in EMI shielding market.
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COVID-19 impact on the EMI shielding
market COVID-19 is an infectious disease caused
by the novel coronavirus. Largely unknown before
this outbreak across the world, COVID-19 has
moved from a regional crisis to a global pandemic
in just a matter of a few weeks. The World Health
Organization (WHO) declared COVID-19 as a
pandemic on March 11, 2020. COVID-19 has
impacted almost all the industries across the
world by disrupting the supply chain and
hindering various industrial operations. Most
companies have halted their manufacturing
activities or have reduced it to the bare
minimum. COVID-19-responsive measures undertaken
by governments, such as lockdown and social
distancing, led to the closure of manufacturing
plants in the initial stage of the pandemic. With
very few industrial operations allowed, consumer
electronics and automotive industries are
experiencing a decline in the demand for
products. The aforementioned factors have
affected the market for EMI shielding as very few
new EMI shielding solutions are expected to be
used by these industries during the ongoing
crisis.
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