Radar detection and antielectromagnetic interference are urgently needed in military and social life. The shielding stealth and optical transparency compatibility technology based on transparent applications has become one of the key research directions of this demand. In this paper, the research status of transparent electromagnetic wave shielding stealth technology in recent years was reviewed. The structures of indium tin oxide (ITO) and its composites, metal grids, metamaterials, waterbased materials and other new transparent absorbing materials were introduced. Their advantages and disadvantages were analyzed, and the future development of these materials in transparent shielding stealth fields was also discussed.