July 5, 2024
EMF Shielding Devices For Cell Phones Market
Ict

The EMF Shielding Devices for Cell Phones Market is driven by Technological Advancements in Connectivity

The EMF shielding devices for cell phones market is witnessing a surge in demand as a result of rising consumer awareness about the potential health hazards of electromagnetic radiation emitted by cell phones and other electronic devices. EMF shielding devices such as phone cases, screen protectors, and stickers are used to block electromagnetic fields (EMFs) emitted by cell phones and protect users from excessive radiation. With rising adoption of 5G connectivity globally, the need for effective EMF shielding solutions has increased tremendously.

EMF shielding devices play a vital role in blocking electromagnetic radiations emitted from cell phones and other electronic devices. Phone cases and screen protectors integrated with EMF shielding materials such as copper, silver and nickel helps protect users from radiation. They are lightweight, affordable and easy-to-use solutions. The rising health concerns associated with prolonged cell phone use and constant exposure to EMFs has boosted the demand for EMF shielding phone accessories that block radiation and enables safer usage.

The Global EMF Shielding Devices for Cell Phones Market is estimated to be valued at US$ 739.16 Mn in 2024 and is expected to exhibit a CAGR of 6.4% over the forecast period 2024 to 2030.

Key Takeaways

Key players operating in the EMF Shielding Devices for Cell Phones Market are Multi-color Corporation, CCL Industries Inc, Westrock Company, and Fuji Seal International Inc. Multi-color Corporation is one of the leading manufacturers of EMF shielding labels.

The growing health concerns regarding cell phone radiation and increasing consumer awareness about potential risks of EMF exposure has boosted the demand for effective shielding solutions. As per studies, excessive cell phone usage can increase the risks of brain cancer, fatigue, and other health issues.

Major players are expanding their global footprint to tap into opportunities in emerging markets of Asia Pacific and Latin America. Rising exports from China, Japan and South Korea has made Asia Pacific the largest as well as the fastest growing regional market.

Market Key Trends

The adoption of 5G technology presents new opportunities for EMF Shielding Device For Cell Phones Market Demand manufacturers. However, 5G networks emit mmWave radiations that are higher in energy compared to previous generations. Thus, innovative EMF shielding materials and solutions capable of blocking a wider range of electromagnetic frequencies are gaining traction. Continuous R&D towards developing new shielding technologies using advanced materials like graphene is a key trend.

Porter’s Analysis

Threat of new entrants: New players will find it difficult to enter this market due to the presence of well-established players and the requirement of high initial capital investment.

Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitutes and brands. However, switching costs are low.

Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to the availability of substitutes and intensity of competition in the market.

Threat of new substitutes: Threat of substitutes is moderate as new substitute materials can be introduced that may provide EMF shielding capabilities.

Competitive rivalry: Competition is intense due to presence of numerous global and regional players.

Geographical Regions

North America holds the largest share in the global EMF shielding devices for cell phones market owing to the high consumer spending and awareness regarding the harmful effects of cell phone radiations.

Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. This is attributed to rising disposable incomes, growing tech savviness among consumers and increasing awareness about available EMF shielding solutions in countries such as China and India.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it