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Automotive Shielding Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Elringklinger Ag, Federal-Mogul, Laird PLC, Marian Inc., Morgan Advanced Materials, Parker Chomerics
Automotive Shielding Global Market Report
The Business Research Company's Automotive Shielding Global Market Report 2023 identifies the Increasing vehicle production is expected to propel the growth of the automotive shielding market going forward. A vehicle is a machine with an engine and wheels that transports people or cargo. Due to rapid urbanization and the expansion of global auto manufacturers, vehicle production has been on the rise in recent years. Since automotive shielding is used in electronic components of vehicles, increased vehicle production results in an increased demand for automotive shielding.
The global automotive shielding market size grew from $15.01 billion in 2022 to $16.41 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive shielding market size is expected to grow to $22.25 billion in 2027 at a CAGR of 7.9%.
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Major players in the automotive shielding market are Elringklinger Ag, Federal-Mogul, Laird PLC, Marian Inc., Morgan Advanced Materials, Parker Chomerics, Schaffner Holding, The 3M Company, Tech-Etch Inc., Tenneco Inc., Autoneum Holding AG, Kitagawa Industries Co. Ltd., and Lydall Inc.,
A key trend in the Automotive Shielding market includes the Technological advancements have emerged as the key trend gaining popularity in the automotive shielding market. Major companies operating in the automotive shielding sector are focused on introducing new technologies to strengthen their market position and meet customer demand.
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The Automotive Shielding market is segmented -
1) By Shielding Type: Heat Shielding, EMI Shielding
2) By Material Type: Metallic, Non-Metallic
3) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Shielding market.
The Business Research Company's "Global Automotive Shielding Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automotive Shielding Market Include:
1. Executive Summary
2. Automotive Shielding Market Characteristics
3. Automotive Shielding Market Trends And Strategies
4. Automotive Shielding Market - Macro Economic Scenario
5. Automotive Shielding Market Size And Growth
……
27. Automotive Shielding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Shielding Market
29. Automotive Shielding Market Future Outlook and Potential Analysis
30. Appendix
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