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Automotive Shielding Market | Covid-19 Impact Analysis
The Automotive Shielding Market is Segmented by Shielding Type (EMI Shielding, Heat Shielding), by Material Type (Metallic Shield, Non-Metallic Shield), by Heat Application (Engine Compartment, Exhaust System, and Turbocharger), by EMI Application (Adaptive Cruise Control, Electric Motor, Engine Control Module, Forward Collision Warning, Intelligent Park Assist, Lane Departure Warning, and Infotainment), By Vehicle Type (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle), by Electric Vehicle Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, and Plug-In Hybrid Electric Vehicle), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Automotive shielding market is likely to witness an impressive CAGR of 8.2% during the forecast period. The unprecedented rise in the growth in vehicle production, growing demand for fuel-efficient vehicles, stringent emission protocols, increasing electrification of vehicles, wider adoption of high-end electronics, considerations of safety features, and the escalating demand for luxury and commercial vehicles are the key drivers that bolster the demand for the global automotive shielding market.
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Automotive Shielding Market - Snapshot |
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Growth |
8.2% for the next five years |
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Major Shielding Type |
EMI shielding |
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Major Vehicle Type |
Passenger car |
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Dominant Material Type |
Metallic |
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Dominant Electric Vehicle Type |
Battery electric vehicle |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Federal-Mogul, Laird PLC, Morgan Advanced Materials, Elringklinger Ag, Dana Incorporated, Schaffner Holding, Henkel AG & Company, KGaA, The 3M Company, Parker Chomerics, Kitagawa iron Works Co. Ltd., Tech-Etch Inc., and Marian Inc. |
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Based on the shielding type, the market has been segmented as EMI shielding and heat shielding. It is estimated that the EMI shielding will be the fastest-growing segment in the coming five years. The creation of advanced features and electronic components in a vehicle drive the high demand for this segment. The extensive use of high-end electronics in vehicles further strengthen the market of this segment.
Based on the vehicle type, the automotive shielding market is segmented as passenger car, light commercial vehicle, and heavy commercial vehicle. The passenger car segment is anticipated to register the highest growth during the forecast period. The mounting production of passenger cars, the growing awareness of safety features, the demand for fuel-efficient variants along with the cognizance of stringent emission norms have greatly influenced the growth of this segment.
Based on the material type, the market is divided into metallic and non-metallic segments. Owing to high temperature tolerance in the engine and the exhaust system, along with its remarkable strength, the metallic segment is likely to grow at a higher CAGR in the coming five years.
Based on the electric vehicle type, the market has been segmented as battery electric vehicle, fuel cell electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle. Innovations in the battery technology drive the success of the battery electric vehicle. This, in turn, bolsters the demand for automotive shielding in the battery electric vehicles.
In terms of regions, Asia-Pacific is estimated to have the fastest growth during the forecast period. China, Japan, India, and South Korea are considered to be the growth engines of the region. Growing automobile production, increasing safety concerns, and high demand for luxury vehicles drive the market for automotive shielding in the region during the approaching years.
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Some of the major automotive shielding manufacturers are-
Automotive Shielding is mainly a shield that safeguards electronic objects in the vehicle from electromagnetic interferences and similarly also other items such as under the hood from getting over heated. This shield can be metallic as well as non-metallic.
Automotive Shielding is used in a number of areas such as engine compartment, turbocharger, exhaust system, adaptive cruise control, infotainment, intelligent park assist, and many others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Automotive Shielding Market Research Report - Features |
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Market Segmentation |
7 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The automotive shielding market is segmented into the following categories.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Automotive shielding market is expected to witness an impressive growth of 8.2% CAGR in the foreseeable future.
Federal-Mogul, Laird PLC, Morgan Advanced Materials, Elringklinger Ag, Dana Incorporated, Schaffner Holding, Henkel AG & Company, KGaA, The 3M Company, Parker Chomerics, Kitagawa Iron Works Co., Ltd, Tech-Etch Inc., Marian, Inc. are among the key players in the automotive shielding market.
Asia-Pacific is estimated to have the fastest growth in the automotive shielding market during the forecast period.
The passenger car is expected to register the highest growth in the automotive shielding market during the forecast period.
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