Automotive Shielding Market Size, Share, Industry Analysis by Key Players like Laird PLC, ElringKlinger AG, Federal-Mogul, Henkel AG, Kitagawa Europe, Forecast 2023

Global Automotive Shielding Market is predicted to witness ~ 6% CAGR by 2023. Global Automotive Shielding Market Report: Information by Type (Heat, EMI), Heat Application (Engine, Exhaust, and Turbocharger), EMI Application (ACC, IPA, ECM, FCW, LDW, and Electric Motor), Material Type, and Vehicle Type and by Region - Forecast To 2023.

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Key Players:
The prominent players in the automotive shielding market include Laird PLC (UK), ElringKlinger AG (Germany), Federal-Mogul Corporation (US), Morgan Advanced Materials (UK), Dana Limited (US), Henkel AG & Company, KGaA (Germany), Kitagawa Europe (Japan), and Schaffner Holding (Switzerland), Autoneum (Switzerland), Progress-WerkOberkirch AG (Germany) are among others.

Market Overview:
An engine compartment, turbocharger and exhaust system are attached closely which generates excessive heat. Thus automotive shielding is used to lower the temperature of underbody engine and reduces the heat in engine compartment. The importance of heat management system in automobiles is increasing due to use of temperature sensing components in automobiles which requires heat shielding. The massive growing sales of premium vehicles will boost the demand for heat shielding system with increased number of applications such as adaptive cruise control, forward collision warning in running the vehicle.

Increase in GDP and growing purchasing power of the customers will enhance the growth of the market. Increasing use of customized heat shield products depending upon the size and shape of the parts increases the demand for the market. Moreover, the growth of the market is challenged by the high price of the raw materials. The increase trend for customized heat shields with other components increases the growth of the market.

Automotive Shielding Market Segmentation:
The global automotive shielding market is segmented based on shielding type, heat application, EMI application, material type and vehicle type.

On the basis of shielding type, the market has been segmented by heat shielding, EMI shielding.

On the basis of heat application, the market has been segmented by engine compartment, exhaust system, turbocharger.

On the basis of EMI application, the market has been segmented by adaptive cruise control, intelligent park assists, engine control module, forward collision warning, electric motor, lane departure warning.

On the basis of material type the market has been segmented by metallic shield and Non-metallic shield.

On the basis of vehicle type the market has been segmented by passenger car, light commercial vehicle and heavy commercial vehicle and by Region.

Market Research Analysis:

In terms of region, the global market for automotive shielding are divided into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is expected to hold the major market revenue share over the forecast period. Increase in the sales of vehicles in the Asia-Pacific and more awareness towards the safety will drive them to hold the highest market share throughout the forecast period.

Asia Pacific will hold the highest CAGR during the forecast period due to owing increase in the sales of premium vehicles, increasing disposable income and increased purchasing power of users. Increasing manufacturing units of electromagnetic interface (EMI) shielding and partnership with local player’s increases growth of the Asia-Pacific region. Furthermore, increased sales of vehicles in China, Japan and India will enhance the overall revenue of the market.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Threat of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

Continue….

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