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Forecasts place the value of the worldwide automotive shielding market at $24.9 billion in 2030, up from $20.41 billion in 2022, a CAGR of 5.1%. The automotive shielding market will be propelled forward by the deployment of electronics-based driving comfort and safety systems and compliance with fuel efficiency norms.
Electronic components in vehicles require shielding to prevent damage from excessive heat and electromagnetic interference. Radio frequency interference and electromagnetic interference are two key hazards brought on by the proliferation of technological devices in automobiles. Shielding is used in cars primarily to protect its occupants from electromagnetic interference (EMI) and the fluctuating temperatures produced by the car's engine. Vehicles use heat shields in a wide variety of places, including the engine bay, the exhaust system, and the turbocharger. The rising market for high-end and technologically advanced automobiles has spurred the creation of cutting-edge innovations. Thus, the need to safeguard electric components drives the expansion of the automobile shielding industry.
"automotive shielding" describes the process of installing thermal barriers to safeguard vulnerable areas of automobiles. The global market performance has been highly consistent, making the industry a safe investment. The automotive shielding market is being propelled by two major factors: the rising acceptance and subsequent demand for hybrid and electric vehicles. Protecting passengers from harmful electromagnetic radiation and allowing engines to run at greater temperatures, automobile shielding is in high demand.
The demand for vehicle shielding is expected to skyrocket in the next years. The quick rise of the global market may be aided by the rising prevalence of electric components in automobiles. In a similar vein, the development of shielding technologies for use in sections of cars such combustion engines, under the hood, the exhaust system, and turbochargers could have an impact on the market's future growth. The global market is expected to expand at a CAGR of 6% during the forecast period. The United States Environmental Protection Agency estimates that the average car will raise its carbon dioxide emissions by less than 1 percent in the real world. Fuel-efficient vehicles are becoming common because of the growing awareness of the need to lessen individual carbon footprints.
The study summarises research into the automotive shielding industry. The key trends that have been identified are likely to have an effect on the market's future growth potential. The degree of market competition has also been taken into account, since it has the ability to affect the development of the international market in the future. The automotive shielding market is being propelled by two primary trends: the increase in global vehicle production and the increasing use of electronic components in vehicles. Factors such as rising car prices and increased complexity in product development are stifling growth in the automotive shielding market. Rising demand for electric vehicles and technological advancements are expected to boost the automotive shielding industry. Protective coverings in automobiles are useful for withstanding the extremes of engine heat. Electromagnetic interference occurs naturally when several electronic systems are concentrated in a small space. Problems can arise from a wide number of sources when they emit radiation into the environment. Therefore, car shielding is essential for protecting the safety of cars' electronic equipment.
When broken down by vehicle type, passenger cars have the biggest slice of the pie. The passenger car segment of the heat shield market has been growing rapidly due to the increased demand for fuel-efficient vehicles and the increasing stringency of emission requirements. However, the demand for EMI shielding is being propelled by the proliferation of electronic components in vehicles and other cutting-edge technology. Sales of passenger automobiles have risen in recent years due to factors including rising demand for personal mobility, rising per capita income, and rising standards of living. Since passenger cars outnumber commercial vehicles produced and sold across the globe by a large margin, this market segment has a greater incentive to adopt cutting-edge technologies. Specifically, automakers are putting more resources into developing cutting-edge technologies for high-end passenger cars such advanced driver assistance systems and cutting-edge instrument clusters. The need for an EMI shield to prevent electromagnetic interference (EMI) between electronic equipment has grown in tandem with the proliferation of high-tech additions.
Rising demand for automotive electronic components and global vehicle production are driving forces in the automotive shielding industry. The automotive shielding market is hindered by rising vehicle prices and increased complexity in product development. In addition, the rising demand for electric vehicles and the advancement of technology are anticipated to contribute to the expansion of the automotive shielding market.
Report Coverage
Global Automotive Shielding research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automotive Shielding report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automotive Shielding competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automotive Shielding market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automotive Shielding market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automotive Shielding market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Laird PLC (UK), ElringKlinger AG (Germany), Federal-Mogul Corporation (US), Morgan Advanced Materials (UK), Dana Limited (US), Henkel AG & Company, KGaA (Germany), Kitagawa Europe (Japan), and Schaffner Holding (Switzerland), Autoneum (Switzerland), Progress-WerkOberkirch AG (Germany)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automotive Shielding market based on the below-mentioned segments:
Global Automotive Shielding Market, By Type
Heat
EMAIL
Global Automotive Shielding market, By Application
Adaptive Cruise Control (ACC)
Intelligent Park Assist (IPA)
Engine Control Module (ECM)
Forward Collision Warning (FCW)
Lane Departure Warning (LDW)
Electric Motor
Global Automotive Shielding Market, By Vehicle type
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Global Automotive Shielding market, Regional Analysis
Electronic components in vehicles require shielding to prevent damage from excessive heat and electromagnetic interference. Radio frequency interference and electromagnetic interference are two key hazards brought on by the proliferation of technological devices in automobiles. Shielding is used in cars primarily to protect its occupants from electromagnetic interference (EMI) and the fluctuating temperatures produced by the car's engine. Vehicles use heat shields in a wide variety of places, including the engine bay, the exhaust system, and the turbocharger. The rising market for high-end and technologically advanced automobiles has spurred the creation of cutting-edge innovations. Thus, the need to safeguard electric components drives the expansion of the automobile shielding industry.
"automotive shielding" describes the process of installing thermal barriers to safeguard vulnerable areas of automobiles. The global market performance has been highly consistent, making the industry a safe investment. The automotive shielding market is being propelled by two major factors: the rising acceptance and subsequent demand for hybrid and electric vehicles. Protecting passengers from harmful electromagnetic radiation and allowing engines to run at greater temperatures, automobile shielding is in high demand.
The demand for vehicle shielding is expected to skyrocket in the next years. The quick rise of the global market may be aided by the rising prevalence of electric components in automobiles. In a similar vein, the development of shielding technologies for use in sections of cars such combustion engines, under the hood, the exhaust system, and turbochargers could have an impact on the market's future growth. The global market is expected to expand at a CAGR of 6% during the forecast period. The United States Environmental Protection Agency estimates that the average car will raise its carbon dioxide emissions by less than 1 percent in the real world. Fuel-efficient vehicles are becoming common because of the growing awareness of the need to lessen individual carbon footprints.
The study summarises research into the automotive shielding industry. The key trends that have been identified are likely to have an effect on the market's future growth potential. The degree of market competition has also been taken into account, since it has the ability to affect the development of the international market in the future. The automotive shielding market is being propelled by two primary trends: the increase in global vehicle production and the increasing use of electronic components in vehicles. Factors such as rising car prices and increased complexity in product development are stifling growth in the automotive shielding market. Rising demand for electric vehicles and technological advancements are expected to boost the automotive shielding industry. Protective coverings in automobiles are useful for withstanding the extremes of engine heat. Electromagnetic interference occurs naturally when several electronic systems are concentrated in a small space. Problems can arise from a wide number of sources when they emit radiation into the environment. Therefore, car shielding is essential for protecting the safety of cars' electronic equipment.
When broken down by vehicle type, passenger cars have the biggest slice of the pie. The passenger car segment of the heat shield market has been growing rapidly due to the increased demand for fuel-efficient vehicles and the increasing stringency of emission requirements. However, the demand for EMI shielding is being propelled by the proliferation of electronic components in vehicles and other cutting-edge technology. Sales of passenger automobiles have risen in recent years due to factors including rising demand for personal mobility, rising per capita income, and rising standards of living. Since passenger cars outnumber commercial vehicles produced and sold across the globe by a large margin, this market segment has a greater incentive to adopt cutting-edge technologies. Specifically, automakers are putting more resources into developing cutting-edge technologies for high-end passenger cars such advanced driver assistance systems and cutting-edge instrument clusters. The need for an EMI shield to prevent electromagnetic interference (EMI) between electronic equipment has grown in tandem with the proliferation of high-tech additions.
Rising demand for automotive electronic components and global vehicle production are driving forces in the automotive shielding industry. The automotive shielding market is hindered by rising vehicle prices and increased complexity in product development. In addition, the rising demand for electric vehicles and the advancement of technology are anticipated to contribute to the expansion of the automotive shielding market.
Report Coverage
Global Automotive Shielding research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automotive Shielding report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automotive Shielding competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automotive Shielding market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Laird PLC (UK), ElringKlinger AG (Germany), Federal-Mogul Corporation (US), Morgan Advanced Materials (UK), Dana Limited (US), Henkel AG & Company, KGaA (Germany), Kitagawa Europe (Japan), and Schaffner Holding (Switzerland), Autoneum (Switzerland), Progress-WerkOberkirch AG (Germany) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Automotive Shielding Market from 2021 to 2030.
- Market Forecast for Automotive Shielding Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Automotive Shielding competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Automotive Shielding
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automotive Shielding market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automotive Shielding market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Laird PLC (UK), ElringKlinger AG (Germany), Federal-Mogul Corporation (US), Morgan Advanced Materials (UK), Dana Limited (US), Henkel AG & Company, KGaA (Germany), Kitagawa Europe (Japan), and Schaffner Holding (Switzerland), Autoneum (Switzerland), Progress-WerkOberkirch AG (Germany)
Primary Target Market
- Market Players of Automotive Shielding
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automotive Shielding market based on the below-mentioned segments:
Global Automotive Shielding Market, By Type
Heat
Global Automotive Shielding market, By Application
Adaptive Cruise Control (ACC)
Intelligent Park Assist (IPA)
Engine Control Module (ECM)
Forward Collision Warning (FCW)
Lane Departure Warning (LDW)
Electric Motor
Global Automotive Shielding Market, By Vehicle type
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Global Automotive Shielding market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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