Press release
Automotive Shielding Market on Path to Hit $23.33 Billion by 2029 at 7.1% CAGR
Automotive Shielding Market
Automotive Shielding Market Outlook: What Size And CAGR Are Anticipated By 2025?
Over recent years, the market size of automotive shielding has witnessed consistent growth. It is predicted to expand from a value of $16.9 billion in 2024 to an estimated $17.74 billion in 2025, which represents a compound annual growth rate (CAGR) of 5.0%. The driving forces behind this growth during the historic period include issues related to electromagnetic interference (EMI), regulatory compliance necessities, concerns over consumer safety, enhanced vehicle connectivity, and the global expansion of automotive supply chains.
What Is the Expected CAGR for the Automotive Shielding Market Growth Through 2029?
In the upcoming years, the automotive shielding market is projected to experience robust expansion. It is anticipated to rise to $23.33 billion in 2029, with a compound annual growth rate (CAGR) of 7.1%. The increased growth during the predicted period can be linked to factors such as initiatives toward lightweight vehicles, the introduction of autonomous vehicles, vehicle electrification, advanced driver assistance systems (ADAS), the addition of connectivity in electric vehicles and amplified vehicle complexity. Prominent trends during this forecast period encompass integrated shielding designs, bespoke solutions for electric vehicles, adaptable and malleable shielding, multi-layered shielding, and the application of 3D printing for the creation of personalized shielding.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/automotive-shielding-global-market-report
What Are the Primary Drivers Behind Automotive Shielding Market Growth?
The escalation in automotive production is projected to fuel the expansion of the automotive shielding market. Rapid urbanization and the proliferation of worldwide auto manufacturers have fueled a surge in vehicle production in recent years. A vehicle, a mechanism that transports people or goods, equipped with wheels and an engine, increasingly requires automotive shielding, which is employed in the vehicle's electronic components. For example, the European Automobile Manufacturers' Association, a Belgium-based organization, registered a 3.9% increase in new car registrations in August 2024, a year-on-year increase exceeding 6.5 million units. Notable growth, albeit modest, was observed in the largest markets, with increases reported in Spain (+5.6%), Italy (+5.2%), Germany (+4.3%), and France (+2.2%). Therefore, the surge in vehicle production is serving as a catalyst for the growth of the automotive shielding market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7520&type=smp
What Are the Key Segments Driving Automotive Shielding Market 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
What Are the Technological Trends Impacting the Automotive Shielding Market?
In the automotive shielding market, advancements in technology are becoming increasingly popular. Many significant industry players are prioritizing the introduction of innovative technology to secure their market standing and cater to consumer requirements. Bourns, Inc., an American supplier and manufacturer of electronic components for sensing, protection, and power solutions, is one such example. In June 2022, the company unveiled an AEC-Q200-approved series of semi-shielded power inductors for automotive applications. This new series, the Bourns Model SRN8040HA, features a wide operating temperature range from -40 °C to 150 °C. It is designed using the company's cutting-edge magnetic silicon-based coating technology, providing superior magnetic shielding and facilitating higher operating temperatures.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=7520&type=smp
Who Are the Major Competitors in the Global 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
Which Region Dominates the Automotive Shielding Market Share in 2025?
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
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
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@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 Automotive Shielding Market on Path to Hit $23.33 Billion by 2029 at 7.1% CAGR here
News-ID: 4172859 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
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…
