September 18, 2019

Automotive shielding market

Automotive shielding market has seen a remarkable growth in the global market and it has been observed that it is expected to expand with the CAGR of ~6%. Fuel efficient vehicles is the major driving factor of the global automotive shielding industry. Increasing vehicles production across the globe and the increase in demand for safety concerns will further drive the market. Rapid increase in the premium car sales worldwide is expected to create opportunities for the manufacturers, to bring shielding which is more effective and work efficiently by controlling the temperature.

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Few of the key market players of the global Automotive Shielding market are:

  • 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)
  • Schaffner Holding (Switzerland)
  • Autoneum (Switzerland)
  • Progress-WerkOberkirch AG (Germany)

Scope of the Report

This study provides an overview of the global automotive shielding market, tracking five market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive shielding market by shielding type, heat application, EMI application, material type, vehicle type and regions.

Market Research Analysis:

In terms of region, the global market for automotive shielding are divided into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is expected to hold the major market revenue share over the forecast period. Increase in the sales of vehicles in the Asia-Pacific and more awareness towards the safety will drive them to hold the highest market share throughout the forecast period. Asia Pacific will hold the highest CAGR during the forecast period due to owing increase in the sales of premium vehicles, increasing disposable income and increased purchasing power of users. Increasing manufacturing units of electromagnetic interface (EMI) shielding and partnership with local player’s increases growth of the Asia-Pacific region. Furthermore, increased sales of vehicles in China, Japan and India will enhance the overall revenue of the market.

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By Shielding Type

  • Heat Shielding
  • EMI Shielding

By Heat Application

  • Engine Compartment
  • Exhaust System
  • Turbocharger

By EMI Application

  • Adaptive Cruise Control
  • Intelligent Park Assist
  • Engine Control Module
  • Forward Collision Warning
  • Electric Motor
  • Lane Departure Warning