Market Synopsis, Shields are used in automobiles to protect the interior as well as exterior components such engine compartment, exhaust system and turbocharger due to excessive heat generation from these components. An automotive Shielding is also termed as exhaust heat management system. The main function of automotive heat shield is to absorb excessive heat from an external source by depleting, reflecting the heat. It is mainly used in engine compartment due excessive heat generated in under bonnet thus protecting the vehicle components and body work. , Automotive shielding market has seen a remarkable growth in the global market and it has been observed that it is expected to expand with the CAGR of ~6%. Fuel efficient vehicles is the major driving factor of the global automotive shielding industry. Increasing vehicles production across the globe and the increase in demand for safety concerns will further drive the market. Rapid increase in the premium car sales worldwide is expected to create opportunities for the manufacturers, to bring shielding which is more effective and work efficiently by controlling the temperature. Increasing adoption of electrical and electronics components such as engine control module, intelligent park assist in vehicles which increases demand for automotive shielding market. Increase in demand for fuel efficient vehicles along with stringent environment regulation fuels the demand for passenger car sales which further increases the demand for automotive shielding market. Further, increase in demand for advanced electronics technologies used in electromagnetic interface shielding will create opportunities for the new entrants in the market. High price of the metallic shielding system will hinder the growth of the global automotive Shielding market. , , The global automotive shielding market is segmented based on shielding type, heat application, EMI application, material type and vehicle type. On the basis of shielding type the market has been segmented by heat shielding, EMI shielding. On the basis of heat application the market has been segmented by engine compartment, exhaust system, turbocharger. On the basis of EMI application the market has been segmented by adap

Market Synopsis

Shields are used in automobiles to protect the interior as well as exterior components such engine compartment, exhaust system and turbocharger due to excessive heat generation from these components. An automotive Shielding is also termed as exhaust heat management system. The main function of automotive heat shield is to absorb excessive heat from an external source by depleting, reflecting the heat. It is mainly used in engine compartment due excessive heat generated in under bonnet thus protecting the vehicle components and body work.

Automotive shielding market has seen a remarkable growth in the global market and it has been observed that it is expected to expand with the CAGR of ~6%. Fuel efficient vehicles is the major driving factor of the global automotive shielding industry. Increasing vehicles production across the globe and the increase in demand for safety concerns will further drive the market. Rapid increase in the premium car sales worldwide is expected to create opportunities for the manufacturers, to bring shielding which is more effective and work efficiently by controlling the temperature. Increasing adoption of electrical and electronics components such as engine control module, intelligent park assist in vehicles which increases demand for automotive shielding market. Increase in demand for fuel efficient vehicles along with stringent environment regulation fuels the demand for passenger car sales which further increases the demand for automotive shielding market. Further, increase in demand for advanced electronics technologies used in electromagnetic interface shielding will create opportunities for the new entrants in the market. High price of the metallic shielding system will hinder the growth of the global automotive Shielding market.

The global automotive shielding market is segmented based on shielding type, heat application, EMI application, material type and vehicle type. On the basis of shielding type the market has been segmented by heat shielding, EMI shielding. On the basis of heat application the market has been segmented by engine compartment, exhaust system, turbocharger. On the basis of EMI application the market has been segmented by adaptive cruise control, intelligent park assist, engine control module, forward collision warning, electric motor, lane departure warning. On the basis of material type the market has been segmented by metallic shield and Non-metallic shield. On the basis of vehicle type the market has been segmented by passenger car, light commercial vehicle and heavy commercial vehicle and by Region.

Geographically, the global automotive shielding market has been divided into four major regions such as North America, Europe, Asia-Pacific and Rest of the World. Amongst all regions, Asia-Pacific is expected to dominate the growth of the market during the forecast period followed by the North America. Increase in vehicle production, increasing safety concerns and increasing demand for premium vehicles in China and India will drive the growth of the market. Asia-pacific government have applied various safety features in the vehicles which further increases the growth of the automotive shielding in the region.

The prominent players in the automotive shielding market include Laird PLC (UK), ElringKlinger AG (Germany), Federal-Mogul Corporation (US), Morgan Advanced Materials (UK), Dana Limited (US), Henkel AG & Company, KGaA (Germany), Kitagawa Europe (Japan), and Schaffner Holding (Switzerland), Autoneum (Switzerland), Progress-WerkOberkirch AG (Germany) are among others.

The report for global automotive shielding market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Frequently Asked Questions (FAQ) :