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Report Scope & Overview:

Automotive Shielding Market Size was valued at USD 21.96 billion in 2022 and is expected to reach USD 30.76 billion by 2030 and grow at a CAGR of 4.3% over the forecast period 2023-2030.

Automotive shielding is the process of protecting car parts from the heat by using materials that don't conduct heat. In the global market landscape, the industry has been doing well. Shielding is used in automobiles to protect electronic components from heat and electromagnetic interference. Shielding is utilized in automobiles. The proliferation of electronic devices in a vehicle has given rise to substantial issues over radio frequency interference and electromagnetic interference. The primary reason shielding is used in automobiles is to ensure that the vehicle can withstand the fluctuating temperatures produced by the engine as well as electromagnetic interference (EMI). In a car, heat shields can be found in a variety of locations, including the engine compartment, the exhaust system, the turbocharger, and many more.

Automotive Shielding Market Revenue Analysis

With the advent of DowSil EC-6601, Dow has added a new electromagnetic interference shielding solution to its growing range of conductive silicone technologies. To fulfill the needs of markets where connection, dependability, productivity, and the capacity to meet certain regulatory requirements are particularly critical, Dow is investing in solutions that address performance concerns.

MARKET DYNAMICS: 

KEY DRIVERS: 

  • Due to an increase in both popularity and demand, fuel-efficient vehicles have seen a recent spike.

  • The implementation of stringent environmental restrictions and laws in a number of different countries.

  • The increasing popularity of vehicles with lower fuel consumption.

  • The sharp uptick in consumer interest in automobiles that are easier on the environment and their gas tanks.

RESTRAINTS: 

  • The high cost of metallic shielding systems could significantly impede market expansion.

  • Limited financial resources could exacerbate the situation for enterprises and limit their market penetration.

  • The intricacy of developing auto shielding could slow industry expansion.

OPPORTUNITIES: 

  • The increase in the number of luxury automobiles worldwide.

  • The increasing use of electronic components in automobiles.

  • The increase in demand for fuel-efficient and eco-friendly automobiles.

CHALLENGES: 

  • Covid 19 epidemic has limited global expansion and demand.

  • Increased use of electronic components in cars raises electromagnetic interference risks.

IMPACT OF COVID-19:

As a result, the drop in sales of COVID-19 in the automotive industry has been a barrier to the expansion of the market for automotive shielding. Even if there has been an increase in the manufacturing of automobiles, there has also been an increase in the manufacture of automotive shielding; nevertheless, the expansion of the market has been slowed down by COVID-19. Because of the pandemic, production at Mobility, which plays a significant part in the expansion of the vehicle market, has been halted; however, it is anticipated that production will resume after the current crisis has been resolved. The decrease in demand for automotive shielding can be attributed to both the lockdown and the delayed production of autos. It is anticipated that COVID-19 will have an effect on all parties involved in the value chain.

MARKET ESTIMATION: 

Market, By Shielding:

The global market has been divided into heat, and electromagnetic interference based on the shielding segment. EMI shielding is a rapidly growing segment because electric vehicles have a greater number of electronic components than conventional IC engine vehicles, and EMI shielding is useful for controlling the heat transfer of electronic components.

Market, By Heat Application:

The global market has been divided into Engine, Turbocharger, Battery Management, and Fuel Tank Based on the heat application segment. heat shields can be found in a variety of locations, including the engine compartment, the exhaust system, the turbocharger, and many other places. The increase in vehicle production across the globe is the primary force behind the expansion of the heat shield market.

Market, By Vehicle Type:

The global market has been divided into Passenger Cars (PC), Lightweight Commercial Vehicles (LCV), and Heavy Weight Commercial Vehicles (HCV) based on the vehicle type segment. Passenger vehicles accounted for a larger portion of the market. Commercial vehicles, on the other hand, are expected to acquire market share by the end of the forecast period due to an expansion in the construction and agriculture industries.

MARKET SEGMENTATION:

By Shielding:

  • Heat

  • Electromagnetic Interference

By Heat Application:

  • Engine

  • Turbocharger

  • Battery Management

  • Fuel Tank

By Vehicle Type:

  • Passenger Cars (PC)

  • Lightweight Commercial Vehicles (LCV)

  • Heavy Weight Commercial Vehicles (HCV)

Automotive Shielding Market Segmentation Analysis

REGIONAL ANALYSIS:

The Global Automotive Shielding Market is segmented into the following four regions: North America, Europe, Asia Pacific, and the Rest of the World based on the results of regional research: It is anticipated that the Asia-Pacific region will hold the market share leadership position in the automotive shielding industry, followed by Europe and North America. The increasing production and demand for autos during the time covered by the prediction is what is driving the demand. This demand can be ascribed to the rising income levels of the people who live in the region, which in turn enables the people to purchase an increased number of high-end luxury vehicles.

REGIONAL COVERAGE:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS:

Laird PLC (UK), Dana Limited (US), Schaffner Holding (Switzerland), ElringKlinger AG (Germany), Federal-Mogul Corporation (US), Morgan Advanced Materials (UK), Henkel AG & Company, KGaA (Germany), Kitagawa Europe (Japan), Autoneum (Switzerland), and Progress-WerkOberkirch AG (Germany) are some of the affluent competitors with significant market share in the Automotive Shielding Market.

Dana Limited (US)-Company Financial Analysis

Automotive Shielding Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 21.96  Billion
Market Size by 2030 US$ 30.76 Billion
CAGR CAGR of 4.3% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Shielding (Heat, Electromagnetic Interference)
• by Heat Application (Engine, Turbocharger, Battery Management, Fuel Tank)
• by Vehicle Type (Passenger Cars (PC), Lightweight Commercial Vehicles (LCV), Heavy Weight Commercial Vehicles (HCV))
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Laird PLC (UK), Dana Limited (US), Schaffner Holding (Switzerland), ElringKlinger AG (Germany), Federal-Mogul Corporation (US), Morgan Advanced Materials (UK), Henkel AG & Company, KGaA (Germany), Kitagawa Europe (Japan), Autoneum (Switzerland), and Progress-WerkOberkirch AG (Germany) 
Key Drivers •Due to an increase in both popularity and demand, fuel-efficient vehicles have seen a recent spike.

•The implementation of stringent environmental restrictions and laws in a number of different countries.
RESTRAINTS •The high cost of metallic shielding systems could significantly impede market expansion.

•Limited financial resources could exacerbate the situation for enterprises and limit their market penetration.

Frequently Asked Questions

Ans:- The market size is expected to reach USD 28.28 billion by 2028.

Ans:- Shielding, Heat application, and Vehicle type are the different segments of the market.

Ans:- Increase in the number of luxury automobiles worldwide and increasing use of electronic components in automobiles are the most promising aspects/opportunities of the Automotive Shielding Market.

Ans:- Yes.

Ans:- Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, government agencies and NGOs, Trade/Industrial associations, and End-use industries are the stakeholder of this report.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Automotive Shielding Market Segmentation, By Shielding

8.1 Heat

8.2 Electromagnetic Interference

9. Global Automotive Shielding Market Segmentation, By Heat Application

9.1 Engine

9.2 Turbocharger

9.3 Battery Management

9.4 Fuel Tank

10. Global Automotive Shielding Market Segmentation, By Vehicle Type

10.1 Passenger Cars (PC)

10.2 Lightweight Commercial Vehicles (LCV)

10.3 Heavy Weight Commercial Vehicles (HCV)

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 the USA

11.2.2  Canada

11.2.3  Mexico

11.3 Europe

11.3.1  Germany

11.3.2  the UK

11.3.3  France

11.3.4  Italy

11.3.5  Spain

11.3.6  The Netherlands

11.3.7  Rest of Europe

11.4 Asia-Pacific

11.4.1  Japan

11.4.2  South Korea

11.4.3  China

11.4.4  India

11.4.5  Australia

11.4.6  Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1  Israel

11.5.2  UAE

11.5.3  South Africa

11.5.4  Rest

11.6 Latin America

11.6.1  Brazil

11.6.2  Argentina

11.6.3  Rest of Latin America

12. Company Profiles

12.1 Morgan Advanced Materials (UK),

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Laird PLC (UK)

12.3 Dana Limited (US)

12.4 Schaffner Holding (Switzerland)

12.5 ElringKlinger AG (Germany)

12.6 Federal-Mogul Corporation (US)

12.7 Henkel AG & Company

12.8 KGaA (Germany)

12.9 Kitagawa Europe (Japan)

12.10 Autoneum (Switzerland)

12.11 Progress-WerkOberkirch AG (Germany)

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

14. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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