Press release
Automotive Shielding Market 2020 is Expected to Reach USD 13.19 billion by 2027 with a CAGR of 7.48% | Global Players Like- Dana Limited; 3M; ElringKlinger AG; Marian, Inc
automotive shieldin
Global automotive shielding is expected to rise from its initial estimated value of USD 7.41 billion in 2018 to an estimated value of USD 13.19 billion by 2026, registering a CAGR of 7.48% in the forecast period of 2019-2026. This rise in market value can be attributed to the overall growth of the automobile industry.
Automotive shielding is a type of protective layer installed over the components of the vehicles protecting them from the heat radiated in the operations of the vehicles, or the electromagnetic dispersions from the electrical components and devices present in the vehicles. This shielding protects other parts and devices present in the vehicle from being affected by isolating the harmful components over to one part.
Market Drivers:
• Increasing demand and sales of vehicles globally; this factor is expected to act as a driver for the market growth
• Increasing levels of adoption of electrical devices and equipments requiring EMI shielding solutions
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Key Developments in the Market:
• In March 2018, ElringKlinger AG announced their plans to expand their production capabilities and facilities for thermal and acoustic shielding. The plant expected to be operational by 2022 is situated in Fort Wayne, United States.
• In March 2018, Tech-Etch, Inc. announced the launch of EMI/RFI shielding low-profile, clip-on gasket. The clip-on features of this shielding equipment make the product extremely durable and help in safe installation.
Major Market Players Covered in The Automotive Shielding Market Are:
Few of the major competitors currently working in the automotive shielding market are Dana Limited; 3M; ElringKlinger AG; Marian, Inc.; SCHAFFNER HOLDING AG; PARKER HANNIFIN CORP; Laird; Tenneco Inc.; Tech-Etch, Inc.; Henkel AG & Co. KGaA; Morgan Advanced Materials; Kitagawa Corporation; RTP Company; Seal Methods Inc., and S&A Industries,.
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Global Automotive Shielding Market Scope and Segments
• By Electric Vehicle (EV) Type
o Battery Electric Vehicle (BEV)
o Plug-In Hybrid Electric Vehicle (PHEV)
o Hybrid Electric Vehicle (HEV)
o Fuel Cell Electric Vehicle (FCEV)
• By Heat Application
o Turbocharger
o Engine Compartment
o Exhaust System
• By EMI Application
o Infotainment
o Electric Motor
o Engine Control Module (ECM)
o Adaptive Cruise Control (ACC)
o Forward Collision Warning (FCW)
o Lane Departure Warning (LDW)
o Intelligent Park Assist (IPA)
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
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Strategic Points Covered in Table of Content of Global Automotive Shielding Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
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