Automotive Shielding Market Growth Opportunities, Driving Factors by Manufacturers, Regions, Type and Application, Forecast Analysis
The Global Automotive Shielding market report gives an analytical estimation of the most important challenges that may appear in the market with respect to sales, export/import, or revenue. The market analysis explained in the report offers an examination of a mixture of segments that are relied upon to witness the quickest development amid the estimated forecast frame. This report displays market segmentation in the most-detailed pattern as well as carries out thorough analysis of patents and major market players to provide a competitive landscape. Data collection modules with large sample sizes have been utilized in this Global Automotive Shielding report to pull together data and execute base year analysis.
This report on the Global Automotive Shielding Market offers explanatory knowledge on the market parts like dominating players, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others, to increase their footprints in this market in order to sustain in long run, additionally to the present the clear view point of Global Automotive Shielding Market. Global Automotive Shielding Market will account to an estimated USD 7.41 billion in 2018 growing at a CAGR of 7.48% during the forecast.
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Major Players profiled in this report:
Dana Limited; 3M; ElringKlinger AG; Marian, Inc.; SCHAFFNER HOLDING AG; PARKER HANNIFIN CORP; Laird; Tenneco Inc.; Tech-Etch, Inc.; Henkel AG & Co. KGaA; Morgan Advanced Materials; Kitagawa Corporation; RTP Company; Seal Methods Inc., and S&A Industries,.
FACTORS DRIVING GROWTH IN AUOMOTIVE SHIELDING MARKET:
Rapid rise in demand of vehicles:
According to International Organization of Motor Vehicle Manufacturers, in 2015 the total sales of vehicles amounted up to an estimated 89 million, where passenger car vehicles amounted up to 66 million of those sales and 23 million of commercial vehicles. This number rose to an estimated 94 million in 2016, where passenger car vehicles amounted to 70 million and 24 million of commercial vehicles sales. In 2017, this number rose to an estimated 97 million in 2017, 71 million of those sales in passenger car vehicles and 26 million in commercial vehicle sales.
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- Increasing demand and sales of vehicles globally; this factor is expected to act as a driver for the market growth
- Increasing levels of adoption of electrical devices and equipments requiring EMI shielding solutions
- Advancements and innovative activities undergoing in the automobile market resulting in minimization of EMI in vehicles
Segmentation: Global Automotive Shielding Market
By Material Type (Metallic Shield, Non-Metallic Shield), Shielding Type (Heat Shielding, EMI Shielding), Vehicle Type (Passenger Vehicles, Commercial Vehicles), EV Type (BEV, PHEV, HEV, FCEV), Heat Application (Turbocharger, Engine Compartment, Exhaust System), EMI Application (Infotainment, Electric Motor, ECM, ACC, FCW, LDW, IPA), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Global Automotive Shielding Market:
To protect the vehicles from the heat radiated in the operations of the vehicles, or the electromagnetic dispersions from the electrical components and devices present in the vehicles, a protective layer is installed over the component of the vehicle called automotive shielding. The most common type of EMI occurs in the Radio Frequency (RF) range of the electromagnetic (EM) spectrum. They also protect the other part of the vehicle from getting affected.
Competitive Analysis: Global Automotive Shielding Market
Global automotive shielding market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive shielding market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Focus of the report:
- The study provides an in-depth analysis of the Global Automotive Shielding Market and current & future trends to elucidate imminent investment pockets.
- Changing market dynamics of the industry
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
- Analyze and forecast Global Automotive Shielding Market on the basis of type, function and application.