The global demand for Automotive Shielding Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
The automotive shielding is a technique of protecting the automotive components with the help of heat-insulating materials. They are mainly of two types, heat shields, and electromagnetic interference shields. Heat shields are used to protect the components from high temperatures and avoid heat damages. Compartments of a combustion engine, exhaust systems, under the bonnet, under chassis, and turbochargers are some major automotive parts requiring heat shielding. A heat shield is made up of a thin sheet of aluminum, steel, or other composite materials. These heat shields absorb, dispel, or reflect the heat, reducing the component's temperature and helping the system's inefficient working. Simultaneously, the EMI shields are used to cover the electronic systems and components to protect them from cross-connecting and interfering with each other's electromagnetic field. Radiation caused owing to their integration into a very compact interior space in the vehicle.
The rising demand for a variety of automobiles by consumers across the globe and thereby increased the demand for automotive shielding across the globe is the key factor for fuelling the market growth. The increasing use of the electronic components in vehicles due to the evolution of the electric vehicle is the other factor contributing to the market growth. Also, the rising concern for the environment led to the development of zero-emission vehicles that impose a high impact on market growth. However, the development of multiple products reduces the effect of EMI on the devices expected to hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of automotive shielding.
The entire automotive shielding market has been sub-categorized into shielding type, application and vehicle type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Shielding Type
- EMI Shielding
- Heat Shielding
By Vehicle Type
- Heat Application
- Engine Compartment
- Exhaust System
- EMI Application
- Adaptive Cruise Control (ACC)
- Electric Motor
- Engine Control Module (ECM)
- Heavy Commercial Vehicle (HCV)
- Light Commercial Vehicle (LCV)
- Passenger Car
- Electric Vehicle Type
This section covers regional segmentation which accentuates on current and future demand for automotive shielding market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Automotive Shielding Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive shielding market include Federal-Mogul, Morgan Advanced Materials, Laird PLC, Elringklinger AG, Schaffner, Dana Incorporated, Chomerics, The 3M Company, Henkel AG & Company, KGaA, Kitagawa. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.