Press release
Global Automotive Shielding Market to Reach $24.15 Billion by 2029, Growing at 7.7% CAGR
Automotive Shielding Market Size
The surge in vehicle production is anticipated to fuel the automotive shielding market's expansion. Vehicles, which are machines that carry people or goods and are equipped with an engine and wheels, have been manufactured in increasing numbers in recent years. This is due to the swift urbanization and development of global automobile manufacturers. Since automotive shielding is applied to vehicle's electronic components, a surge in its production equates to a rise in the demand for automotive shielding. For example, the Belgium-based European Automobile Manufacturers' Association reported in August 2024 that new car registrations had experienced a 3.9% increase in the first seven months of 2024, surpassing 6.5 million units. Some of the largest markets in the sector showed encouraging but modest growth, with rises reported in Spain (+5.6%), Italy (+5.2%), Germany (+4.3%), and France (+2.2%). As a result, the escalating production of vehicles is propelling the automotive shielding market's expansion.
Get Your Automotive Shielding Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-shielding-global-market-report
What is the future CAGR of the automotive shielding market, and how will it impact industry expansion?
The market size for automotive shielding has been experiencing robust growth in the past few years. It's predicted to advance from $16.9 billion in 2024 to $17.97 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. The previous growth can be credited to factors such as electromagnetic interference (EMI) issues, regulatory conformity, safety worries from consumers, enhanced vehicle connectivity, and the worldwide expansion of automotive supply chains.
The automobile shielding industry is anticipated to witness substantial expansion in the upcoming years. The market is projected to increase to $24.15 billion by 2029 with a compound annual growth rate (CAGR) of 7.7%. This growth during the projection period is credited to initiatives aimed at reducing vehicle weight, self-driving cars, vehicle electrification, advanced driving assistance systems (ADAS), and the integration of connectivity in electric vehicles, along with the increasing complexity of vehicles. Among the significant trends anticipated during the forecast period are the incorporation of shielded designs, custom modifications for electrical vehicles, adaptable and compliant shielding, multilayer shielding, and the use of 3d printing for customized shielding.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7520&type=smp
What are the most significant trends transforming the automotive shielding market today?
In the automobile shielding industry, the main trend gaining traction is the rise of technological advancements. Prominent firms in this sector are concentrating on the deployment of new technologies as a tactic to solidify their market presence and respond to consumer demands. For instance, Bourns, Inc., an American corporation specializing in the manufacture and supply of electronic components for power management, protection, and sensing applications, launched a new series of semi-shielded power inductors in June 2022. These inductors adhere to AEC-Q200 standards and can withstand a wide temperature range from -40 °C to 150 °C. The SRN8040HA Series from Bourns uses the firm's innovative magnetic silicon-based coating technology, which provides excellent magnetic shielding and facilitates higher operating temperatures.
Which key market segments comprise the automotive shielding market and drive its revenue growth?
The automotive shielding market covered in this report 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
Subsegments:
1) By Heat Shielding: Exhaust Heat Shields, Engine Heat Shields, Underbody Heat Shields, Turbo Heat Shields, Thermal Insulation Materials
2) By EMI Shielding: Conductive Coatings, Shielding Enclosures, EMI Gaskets, Shielding Films, Metal Foils
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7520
What regions are at the forefront of automotive shielding market expansion?
Asia-Pacific was the largest region in the automotive shielding market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive shielding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the automotive shielding market?
Major companies operating in the automotive shielding market include Elringklinger AG, Federal-Mogul Holdings LLC, Laird Performance Materials Inc., Marian Inc., Morgan Advanced Materials Plc, Parker Hannifin Corporation, Schaffner Holding AG, 3M Company, Tech-Etch Inc., Tenneco Inc., Autoneum Holding AG, Kitagawa Industries Co. Ltd., Lydall Inc., Henkel AG & Co. KGaA, Electromagnetic Technologies Industries Inc., ETS-Lindgren Inc., Comtest Engineering Srl, HEICO Corporation, TDK Corporation, TE Connectivity Ltd., Rohde & Schwarz GmbH & Co. KG, RTP Company Inc., Panashield Inc., MG Chemicals, SAS Industries Inc., W. L. Gore & Associates Inc., Henkel Corporation, Zippertubing Company, Cuming Microwave Corporation, Fotofab LLC
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=7520&type=smp
What Is Covered In The Automotive Shielding Global Market Report?
•Market Size Forecast: Examine the automotive shielding market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automotive shielding market for a structured understanding.
•Key Players Overview: Analyze major players in the automotive shielding market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive shielding market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automotive shielding market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive shielding market.
•Industry Challenges: Identify potential risks and obstacles affecting the automotive shielding market.
•Competitive Landscape: Review strategic developments in the automotive shielding market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive Shielding Market to Reach $24.15 Billion by 2029, Growing at 7.7% CAGR here
News-ID: 3880007 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Shielding
EMI shielding market Overview
Owing to the increasing reliant on electronic devices, the risk of electromagnetic interference (EMI) has grown. EMI occurs when electromagnetic waves generated by one device disrupt the operation of nearby electronic systems.
This interference can compromise device performance, reliability, and safety, making it a significant concern across various industries. To address this challenge, EMI shielding technologies have been developed. These involve the use of conductive or magnetic materials that either…
Electromagnetic Shielding Market
Electromagnetic Shielding Market Overview
Electromagnetic (EMI) Shielding refers to electronic materials used to meet the needs of reducing radiated interference in electromagnetic interference design.
This report provides a deep insight into the global Electromagnetic Shielding market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain…
Shielding Innovations: EMC Shielding and Test Equipment Market Revenue Forecast …
"Global EMC Shielding and Test Equipment Market size and share is currently valued at USD 7.71 billion in 2024 and is anticipated to generate an estimated revenue of USD 11.92 billion by 2032,according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.6% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032"
Polaris Market Research, a leading global market…
Ceiling-Mounted Radiation Shielding Curtain Market: Rising Demand for Flexible R …
Global Ceiling-Mounted Radiation Shielding Curtain Market Overview:
The Ceiling-Mounted Radiation Shielding Curtain market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Ceiling-Mounted Radiation Shielding Curtain market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
EMI Shielding Market Pegged for Robust Expansion During 2018 to 2028(On the basi …
Electromagnetic interference shielding or EMI shielding is commonly applied to prevent electromagnetic interference from affecting sensitive electronic devices, systems, and equipment that are used for critical applications. The causes of EMI can range from temporary disturbance and system failure to data losses and even loss of life. EMI shields are mechanical devices including flexible metal screens, metal foams, and metal wires, which are generally put around the electronic devices to…
Automotive Shielding Market Size study, by Shielding Type (EMI Shielding and Hea …
Global Automotive Shielding Market valued approximately USD 6.85 billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.23% over the forecast period 2018-2025. The automotive shielding market is driven by the rising vehicle production followed by growing demand for fuel-efficient vehicles, increasing adoption rate of electronic components and rising safety concerns.
For Free Sample report@ https://www.algororeports.com/sample-request/automotive-shielding-market-2777324
Rising demand for passenger cars and EVs vehicles is…
