Automotive Shielding Market Size, Share & Forecast | 2020-25

Automotive Shielding Market Insights

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 Share: By Shielding Type

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.

Automotive Shielding Market Share: By Vehicle Type

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.

Automotive Shielding Market Share: By Material Type

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.

Automotive Shielding Market Share: By Electric Vehicle Type

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.

Automotive Shielding Market Share: By Region

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.

Some of the major automotive shielding manufacturers are 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.

Market Scope & Segmentation

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.

The automotive shielding market is segmented into the following categories. 

Automotive Shielding Market Size, Share, & Forecast, by Shielding Type:

• EMI Shielding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Heat Shielding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Shielding Market Size, Share, & Forecast, by Material Type:

• Metallic Shield (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Non-Metallic Shield (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Shielding Market Size, Share, & Forecast, by Heat Application:

• Engine Compartment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Exhaust System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Turbocharger (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Shielding Market Size, Share, & Forecast, by EMI Application:

• Adaptive Cruise Control (ACC) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Electric Motor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Engine Control Module (ECM) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Forward Collision Warning (FCW) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Intelligent Park Assist (IPA) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Lane Departure Warning (LDW) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Infotainment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Shielding Market Size, Share, & Forecast, by Vehicle Type:

• Passenger Car (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Light Commercial Vehicle (LCV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Heavy Commercial Vehicle (HCV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Shielding Market Size, Share, & Forecast, by Electric Vehicle Type:

• Battery Electric Vehicle (BEV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Fuel Cell Electric Vehicle (FCEV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Hybrid Electric Vehicle (HEV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Plug-In Electric Vehicle (PEV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Shielding Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

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.

Report Features

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:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the vehicle type by heat application.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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].