Press release
Automotive Shielding Market Key Manufacturers, Industry Insights, Share, Size, Growth Projection and Company Profiles to 2025
Automotive shielding market
Automotive shielding market higlights the overview of following manufacturers such as Laird (UK), ElringKlinger (Germany), Federal-Mogul (US), Morgan Advanced Materials (UK), Dana (US), Henkel (Germany), Kitagawa (Japan), and Schaffner (Switzerland) among others.
Access Sample Papers of Automotive Sheilding Market Report Now at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1581364 .
Automotive shielding market is estimated to be USD 6.89 billion in 2017 and is projected to reach USD 12.24 billion by 2025, at a CAGR of 7.33% during forecast period. Base year for study is 2017 & forecast period is 2018–2025. Automotive shielding market is primarily driven by rising demand for fuel-efficient vehicles, increased vehicle production, growing safety concerns, & high adoption rate of advanced electrical and electronic components in vehicles.
Asia Pacific is estimated to be the fastest growing market for automotive shielding, with China accounting for the largest market share in 2018. The market growth in the region can be attributed to the increased vehicle production, high demand for luxury vehicles, growing safety concerns, and increasing demand for commercial vehicles.
The report provides insights into the following points:
• Market Penetration: The report provides comprehensive information on automotive shielding market and the top players in the industry.
• Regulatory Framework: The report offers detailed insights into norms related to the automotive shielding and the effect of the regulations on the market.
• Market Development: The report provides comprehensive information on various technologies of automotive shielding. The report analyzes the markets for various automotive shielding technologies across different countries.
• Market Diversification: The report provides exhaustive information about emerging technologies, recent developments, and investments in the global automotive shielding market.
• Competitive Assessment: The report offers an in-depth assessment of strategies, services, and manufacturing capabilities of leading players in the global automotive shielding market.
Access More Information on Automotive Shielding Market with Company Profiles, Top Trends and Forecast at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1581364 .
Automotive shielding market has been segmented by shielding type (heat & EMI), material type (metallic & non-metallic), heat application (engine compartment, exhaust systems, and turbocharger), EMI application (ACC, electric motor, ECM, infotainment, IPA, LDW, and FCW), vehicle type (passenger car, light commercial vehicle, and heavy commercial vehicle), and region (Asia Pacific, Europe, North America, and the Rest of the World).
Factor driving growth of automotive shielding market is increasing sales of EVs. Increased sales of EVs is driving EMI shielding market. More EVs on road means more number of electronic components in a vehicle would need to be shielded. Thus, EMI shielding market has great potential in case of EVs.
Top Key Trends
• Automotive OEMs
• Companies operating in the automotive shielding ecosystem
• Country-level governments and other policymakers
• Country-level industry associations and experts
• Distributors and suppliers of automotive shielding components
• Electric vehicle manufacturers
• Manufacturers of automotive shielding components
• Manufacturers of automotive shielding
• Raw material manufacturers
• Raw material suppliers
Get Discount on “Automotive Shielding Market by Shielding (Heat, EMI), Heat Application (Engine, Exhaust, Turbocharger), EMI Application (ACC, ECU, IPA, LDE, FCW, Electric Motor), Material Type, EV (BEV, HEV), Vehicle (PC, LCV, HCV), and Region - Global Forecast to 2025” research report can be requested at https://www.reportsnreports.com/contacts/discount.aspx?name=1581364 .
Growth and success of BEVs are dependent on innovations in battery technology. Thus, many automotive players are taking initiatives to develop the battery technology. For instance, in November 2017, Tesla announced its plans to produce a total of 35 GWh battery capacity, annually, at its Gigafactory in Nevada, US. Hence, developments & innovations in field of battery technology are expected to boost market for automotive shielding in BEVs.
Heat shielding segment is estimated to hold largest market share, by shielding type, in 2018. The major factor contributing to overall growth of heat shields is increasing demand for commercial vehicles in countries such as US, China, Japan, Germany, & many others. These vehicles have a high temperature in components such as engine and exhaust, which drives the demand for heat shields.
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