Global Automotive Shielding Market, By Material Type (Metallic Shield, Non-Metallic Shield), Shielding Type (Heat Shielding, EMI Shielding), Vehicle Type (Passenger Vehicles, Commercial Vehicles), EV Type (BEV, PHEV, HEV, FCEV), Heat Application (Turbocharger, Engine Compartment, Exhaust System), EMI Application (Infotainment, Electric Motor, ECM, ACC, FCW, LDW, IPA), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Automotive Shielding Market Analysis and Insights : Global Automotive Shielding Market
Automotive shielding market will reach at an estimated value of USD 15.17 billion and grow at a CAGR of 7.43% in the forecast period of 2021 to 2028. Increasing demand and sales of vehicles globally is an essential factor driving the automotive shielding market.
Automotive shielding is defined as a protective layer installed over the components of the vehicles protecting them from the heat radiated in the operations of the vehicles, or the electromagnetic dispersions from the electrical components and devices present in the vehicles. This shielding protects other parts and devices present in the vehicle from being affected by isolating the harmful components over to one part.
Increasing levels of adoption of electrical devices and equipment requiring EMI shielding solutions is a crucial factor accelerating the market growth, also rising demand for electronic-based safety systems and conformity toward standards of fuel efficiency, rising usage of electronic components in automotive vehicles as well as increasing vehicle production, rising stringent emission protocols, wider adoption of high-end electronics, increasing electrification of vehicles, rising considerations of safety features, and the increasing demand for luxury and commercial vehicles are the major factors among others boosting the automotive shielding market. Moreover, increasing technological advancements and modernization in the machinery and rising research and development activities in the market will further create new opportunities for automotive shielding market in the forecast period mentioned above.
However, rising complication associated with the development of such products for minimizing the EMI and integration of automotive shielding components increases the overall cost of vehicles which acts as the major factors among others restraining the market growth, and will further challenge the automotive shielding market in the forecast period mentioned above.
This automotive shielding market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive shielding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Shielding Market Scope and Market Size
Automotive shielding market is segmented on the basis of material type, shielding type, vehicle type, EV type, heat application and EMI application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of material type, automotive shielding market is segmented into metallic shield and non-metallic shield.
- Based on shielding type, the automotive shielding market is segmented into heat shielding and EMI shielding.
- Based on vehicle type, the automotive shielding market is segmented into passenger vehicles and commercial vehicles.
- Based on EV type, the automotive shielding market is segmented into BEV, PHEV, HEV and FCEV.
- Based on heat application, the automotive shielding market is segmented into turbocharger, engine compartment and exhaust system.
- The automotive shielding market is also segmented on the basis of EMI applications into infotainment, electric motor, ECM, ACC, FCW, LDW and IPA.
Automotive Shielding Market Scope Country Level Analysis
Automotive shielding market is analysed and market size, volume information is provided by country, material type, shielding type, vehicle type, EV type, heat application and EMI application as referenced above.
The countries covered in the automotive shielding market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the automotive shielding market due to rising rapid development of intelligent transport systems and connected mobility in countries such as China and Japan, rising demand for electronic-based safety systems and conformity toward standards of fuel efficiency and rising usage of electronic components in automotive vehicles as well as increasing vehicle production in this region.
The country section of the automotive shielding market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Shielding Market Share Analysis
Automotive shielding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive shielding market.
The major players covered in automotive shielding market report are Dana Limited, 3M, ElringKlinger AG, Marian, Inc., SCHAFFNER HOLDING AG, PARKER HANNIFIN CORP, Laird, Tenneco Inc., Tech-Etch, Inc., Henkel AG & Co. KGaA, Morgan Advanced Materials, Kitagawa Corporation, RTP Company, Seal Methods Inc., and S&A Industries among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.