Automotive Shielding Market Research Report

 

Growth opportunities in the Automotive Shielding Market look promising over the next six years. This is mainly due to the protection against electromagnetic dispersions and heat radiation coupled with the increasing integration of shields in the product design to fuel the resilience power of vehicles.

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Automotive Shielding Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The augmenting demand for electronic security systems and compatibility with the fuel efficiency standards are the two prime drivers contributing to the growth of the global automotive shielding market. Also, the rising emphasis on government and environmental protection has resulted in the formulation of multiple policies related to the efficient utilization of fuels. Capitulating guidelines regarding mechanized vehicles have raised the regulatory surety of producers related to the long-term investment cycles and the launch of new and sophisticated technologies. Moreover, the standards concerned with fuel-saving helps to minimize greenhouse emissions up to a large extent. Thus, to deal with the rigorous norms on both the discharge and susceptibility and to improve product immunity, engineers and producers are trying to integrate shielding in the product design. The insulation can be personalized based on the specification, size, and weight of the vehicle. Furthermore, the growing apprehension of government towards environmental issues has persuaded the manufacturers to employ these solutions in vehicles. However, the high price of metallic cushion systems will hinder market growth.

Shielding Segment Drivers

On the basis of shielding, the market is segmented into EMI and heat. Among these, the EMI is projected to expand at a faster CAGR during the forecast period. This is primarily because of their capability to reduce electromagnetic interference, disturbing the equipment, devices, and systems. It includes flexible metal wires, screens, and foams and is lighter in weight and smaller in size. All these factors are supplementing the market growth. On the other hand, the head shield is expected to lead the market over the forecast period. This is mainly attributed to their high usage by manufacturers for the exhaust system, turbocharger, and engine compartment.

Regional Drivers

Based on the regional coverage, North America is predicted to dominate the market during the forecast period. This is due to the rising concern for automotive safety. On the other hand, Asia-Pacific is forecasted to witness a higher CAGR during the forecast period owing to the various initiatives taken by the government of several countries to counter the increasing level of pollution.

Automotive Shielding Market’s leading Manufacturers:

·        Tenneco Inc.

·        Henkel AG & Co. KGaA

·        Morgan Advanced Materials Plc.

·        Parker Hannifin Corp.

·        Tech-Etch Inc.

·        Laird Inc.

·        Dana Limited

·        3M Company

·        KGS Kitagawa Industries Co

·        Elringklinger AG

Automotive Shielding Market Segmentation:

Segmentation by Shielding

·        EMI Shielding

·        Heat Shielding

Segmentation by Material

·        Metallic

·        Non-Metallic

Segmentation by Heat Application

·        Engine Compartment

·        Exhaust System

·        Turbocharger

·        Under Bonnet

·        Under Chassis

·        Fuel Tank

·        Battery Management

Segmentation 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)

·        Infotainment

·        Blind Spot Detection (BSD)

·        Night Vision System (NVS)

·        Driver Monitoring System (DMS)

·        Automatic Emergency Braking (AEB)

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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