Global Industry Analysts (GIA) Inc. has released a comprehensive report on the global EMI and RF shielding materials and technologies markets. The report states the forecast of this market will reach $7.9 billion by 2020.
The growth of the market is resulting from mandatory compliance with EMC regulations for EMI/RFI solutions. The increase of electronic equipment and need to reduce EM pollution is also driving the growth of the market. Asia-Pacific represents the largest market in the world due to this area becoming a global production hub for electronic equipment and components. The growth in the Asia-Pacific market is forecasted to have a CAGR of 4.8% from 2013 to 2020.