EMI Shielding Market is driven by increasing adoption of IoT devices
EMI shielding is used to prevent electromagnetic interference in electronic devices and components. It plays a crucial role in ensuring proper functioning of sensitive equipment by blocking electromagnetic waves and signals from outside interferences. EMI shielding materials such as metals, conductive coatings and laminates, and conductive polymers are used to manufacture EMI shielding components and gaskets that protect devices from electromagnetic disturbances.
The Global EMI Shielding Market is estimated to be valued at USD 7.5 Bn in 2024 and is expected to reach USD 12.9 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
Increasing proliferation of wireless technologies and growing adoption of IoT devices are major factors augmenting demand for EMI Shielding Market. Wide usage of EMI shielding in various industries such as automotive, telecommunication and medical is further propelling market growth.
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