Automotive shielding is used to protect automotive electronic components from heat and electromagnetic interference. In automobile, increase in electronic devices has caused major concerns related to radio frequency interference and electromagnetic interference. Automotive shielding is mainly deployed so that the vehicle can bear the varying temperature of automotive engine and electromagnetic interference (EMI). Heat shields are used in the engine compartment, exhaust system, turbocharger, and many other applications in a vehicle. The development of innovative technologies is an outcome of the increase in demand for luxurious and smart vehicles. Therefore, protection of electric components fosters the growth of the automotive shielding market.
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COVID-19 scenario analysis:
- COVID-19 has declined the sale in the automobile industry, thus hampering the growth of the automotive shielding market.
- Increase in production of automobile results in more production of automotive shielding, but COVID-19 has declined the growth of the market.
- Mobility plays a major role in the automobile market growth and has shut down the production due to this pandemic, and is expected to restart when situation is stable.
- Lockdown and slow production of automobiles have led to the low demand for automotive shielding.
- COVID-19 is expected to impact all stakeholders in the value chain.
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Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
The significant factors that impact the growth of the automotive shielding market are increase in electronic component usage in automotive vehicles and increase in vehicle production globally. Moreover, increase in the overall cost of vehicles and rise in complications in the development of the components hamper the growth of the automotive shielding market. Furthermore, increase in sales of electric vehicles and technological development is expected to fuel in the growth of the automotive shielding market.
Increase in electronic component usage in automotive vehicles
Automotive shielding is helpful in bearing various temperatures in automotive engines. Electromagnetic interference is common in vehicles as number of electronic systems are being engaged in very small space. Other systems are interfered by various radiated emissions and can cause several issues and faults. Therefore, automotive shielding provides safety to the systems in vehicles.
Increase in vehicle production globally
With increase in luxury vehicle production, components in vehicles also increase. More electric components increase the risk of radiated emissions, which can harm other systems of vehicles. Therefore, safety of components in vehicles boosts the growth of the automotive shielding market.
Key benefits of the report:
- This study presents the analytical depiction of the automotive shielding market along with current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the automotive shielding market share.
- The current market is analyzed from 2020 to 2027 to highlight the automotive shielding market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the automotive shielding market research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
Automotive Shielding Market Report Highlights
| Aspects | Details |
| By Shielding | Heat Electromagnetic Interference (EMI) |
| By Heat Application | Engine Turbocharger Battery Management Fuel Tank |
| By EMI Application | Adaptive Cruise Control (ACC) Electronic Control Unit (ECU) Lane Departure Warning (LDW) Blind Spot Detection (BSD) Autonomous Emergency Braking (AEB) Forward Collision Warning (FCW) Driver Monitoring System (DMS) |
| By Vehicle Type | Passenger Cars (PC) Lightweight Commercial Vehicles (LCV) Heavy Weight Commercial Vehicles (HCV) |
| By Region | North America (US, Canada) Europe (Germany, UK, France, rest of Europe) Asia-Pacific (China, Japan, India, rest of Asia-Pacific) Latin America (Brazil, Mexico, rest of LATAM) The Middle East Africa |
| Key Market Players | Henkel AG & Company, Dana Incorporated, Marian Inc., Federal-Mogul, Ag, Kitagawa Iron Works Co. Ltd., Tech-Etch Inc., Morgan Advanced Materials, Laird PLC, The 3M Company |
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