According to a new market report published by Lucintel, the future of the global automotive shielding market looks promising with opportunities in passenger cars, light commercial vehicles and heavy commercial vehicles segments. The global automotive shielding market is expected to grow with a CAGR of 5% from 2021 to 2026. The major drivers for this market are growing demand for fuel-efficient vehicles, increasing electrification of vehicles and adoption of high-end electronics.
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In this market, heat shielding and EMI shielding are used in automotive shielding. On the basis of comprehensive research, Lucintel forecasts that heat shielding will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to the high volume of internal combustion engine vehicles across the globe, and the capability of reducing electromagnetic interference which can disrupt equipment devices, and systems.
Within the global automotive shielding market, the passenger cars segment is expected to witness the highest growth over the forecast period due to the rising demand for fuel-efficient vehicles coupled with the increasing stringency of emission norms, has propelled the growth of the passenger car.
APAC is expected to remain the largest market and witness the highest growth rate over the forecast period due to the rapid development of intelligent transport systems and connected mobility in countries such as China and Japan.
Emerging trends, which have a direct impact on the dynamics of the industry, include incorporation of advanced electronics, introduction of autonomous and semi-autonomous vehicles and technological advancement of EMI shelding. Dana Limited, 3M, ElringKlinger AG, Marian, Inc., SCHAFFNER HOLDING AG, Tenneco Inc, Henkel AG & Co. KGaA, Morgan Advanced Materials, Kitagawa Corporation; RTP Company, Seal Methods Inc, and S&A Industries are suppliers of the automotive shielding market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global automotive shielding market by heat application, EMI application, material type, shielding type, vehicle type and region, and has compiled a comprehensive research report titled “Growth Opportunities in the Global Automotive Shielding Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive shielding market by heat application, EMI application, material type, shielding type, vehicle type and region, as follows:
By Heat Application [Value ($ Million) from 2015 to 2026]:
Engine Compartment
Exhaust System
Turbocharger
Under Bonnet
Under Chassis
Fuel Tank
Battery Management
By EMI Application [Value ($ Million) from 2015 to 2026]:
Adaptive Cruise Control (ACC)
Electric Motor
Engine Control Module (ECM)
Forward Collision Warning (FCW)
Intelligent Park Assist (IPA)
Lane Departure Warning (LDW)
Infotainment
By Material Type [Value ($ Million) from 2015 to 2026]:
By Shielding Type [Value ($ Million) from 2015 to 2026]:
EMI Shielding
Heat Shielding
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
Passenger Cars
Light commercial Vehicles
Heavy Commercial Vehicles
By Region [Value ($ Million) from 2015 to 2026]:
North America
United States
Canada
Mexico
Europe
APAC
ROW
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.