Automotive Shielding Market Insights:
This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
The report offers detailed profile and data information analysis of the leading companies in the Automotive Shielding Market:
- Tenneco Inc.
- Laird Inc.
- Henkel AG & Co. KGaA
- Dana Limited
- Morgan Advanced Materials Plc.
- 3M Company
- Parker Hannifin Corp.
- KGS Kitagawa Industries Co
- Tech-Etch Inc.
- Elringklinger AG.
The key drivers of the Automotive Shielding Market are as follows:
Growing demand for electronic-based safety systems and conformity toward standards of fuel efficiency are certain factors fuelling the growth of the global automotive shielding market. It has been noticed that the government of every country is emphasizing on the environment. Therefore, various compliance policies have been implemented by the government related to the effective usage of fuel. Compliance guidelines for automotive vehicles help in fuelling regulatory certainty for manufacturers regarding long investment cycles and help them in bringing new technology into the market. Furthermore, standards regarding fuel economy decrease greenhouse gas emissions up to a certain extend. Therefore, to address rigorous regulations on both emission and susceptibility and to improve product immunity, engineers and manufacturers integrate shielding in product design. Without vehicles emit electromagnetic energy, shielding, which is harmful, thus designers create shielding, which could control it. Shielding could also be customized as per the weight, size, and specification of vehicles. The rising concern of the government toward environmental issues is surging manufacturers to deploy shielding solutions in vehicles. On the other hand, the high prices of the metallic shielding system will hamper the growth of the market across the globe.
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Based on the region, North America is expected to dominate the market during the forecast period due to the rising concern toward automotive safety in the region. Asia-Pacific is anticipated to grow at a higher CAGR during the forecast period due to the various initiatives taken by the government of various countries in the region to counter the rising level of pollution in the region.
The study objectives of this report are:
- To study and forecast the size of the market.
- To analyze the key players, SWOT analysis, value, and market share for the leading players.
- To define, describe, and forecast the market by different segments.
- To analyze the market potential and advantage, opportunity and challenge, restraints and risks.
Segmentation of the Automotive Shielding Market:
Breakup by Shielding:
- EMI Shielding
- Heat Shielding
Breakup by Material:
Breakup by Heat Application:
- Engine Compartment
- Exhaust System
- Under Bonnet
- Under Chassis
- Fuel Tank
- Battery Management
Breakup by EMI Application:
- Adaptive Cruise Control (ACC)
- Electric Motor
- Engine Control Module (ECM)
- Forward Collision Warning (FCW)
- Intelligent Park Assist (IPA)
- Lane Departure Warning (LDW)
- Blind Spot Detection (BSD)
- Night Vision System (NVS)
- Driver Monitoring System (DMS)
- Automatic Emergency Braking (AEB)
Breakup by Region:
- North America
- United States of America
- Asia Pacific
- Rest of APAC
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
- Rest of the world (remaining countries of the LAMEA region)
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