Global Automotive Shielding Market Size By Type (EMI Shielding, Heat Shielding), By Application (Heat Application, EMI Application), By Vehicle Type (Heavy Commercial Vehicle (HCV), Light Commercial Vehicle (LCV), Passenger Car), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Automotive Shielding Market Size By Type (EMI Shielding, Heat Shielding), By Application (Heat Application, EMI Application), By Vehicle Type (Heavy Commercial Vehicle (HCV), Light Commercial Vehicle (LCV), Passenger Car), By Geographic Scope And Forecast
Automotive Shielding Market Valuation – 2024-2031
Acquiescence towards fuel efficiency standards and the enactment of electronics-based driving comfort & safety systems drive the market for automotive shielding. According to the analyst from Market Research, the automotive shielding market has a valuation of USD 16.76 Billion by 2031 over the forecast subjugating around USD 9.61 Billion in 2024.
Automotive manufacturers are involved in developing innovative technologies that would contribute to better connectivity solutions. The development of innovative technologies is a result of the increasing demand for luxurious and intelligent vehicles. This surge in demand enables the market to grow at a CAGR of 7.20% from 2024 to 2031.
Automotive Shielding MarketDefinition/ Overview
Automotive shielding is used to keep heat and electromagnetic interference (EMI) away from electronics and other components in automobiles. Concerns about radio frequency interference (RFI) and electromagnetic interference (EMI) have grown significantly in the automotive industry due to the development of electronic devices and components. We need heat shielding and EMI shielding to solve these problems. Heat shielding is used to protect car components from the damaging effects of heat by offering thermal management. In contrast, EMI shielding is used to ensure that electronic systems operate as intended. Automotive shielding is primarily used in areas of a car where intense heat is generated, such as the engine compartment, turbocharger, underbody, and exhaust systems.
Furthermore, automotive shielding is used to limit the amount of heat that travels from car parts. A heat shield is a part made to dissipate, reflect, and absorb heat to prevent automotive components from overheating. Reducing the electromagnetic field by enclosing certain regions with barriers composed of conductive or magnetic materials is known as electromagnetic shielding or EMI shielding. In a car, heat shields are used in the turbocharger, exhaust system, and engine compartment, among other places.
What's inside a
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Which are the Drivers Encouraging the Adoption of Automotive Shielding Market?
One of the main reasons for the increasing popularity of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is the need for effective shielding measures to control the electromagnetic interference (EMI) and radio frequency interference (RFI) produced by the high-voltage systems and electronic components present in these vehicles. As automotive manufacturers strive to improve the performance, safety, and reliability of EVs and HEVs, the demand for advanced shielding materials and solutions is expected to increase significantly. The increasing trend toward vehicle electrification, connectivity, and autonomous driving technologies is driving the integration of sophisticated electronic systems and sensors into modern vehicles. These advanced technologies are extremely sensitive to electromagnetic disturbances, which requires the implementation of robust shielding solutions to protect sensitive electronic components from external interference and ensure optimal performance. As automotive OEMs continue to prioritize the development of smart and connected vehicles, it is projected that the demand for automotive shielding materials and solutions will increase.
Strict regulatory requirements about vehicle emissions, safety, and electromagnetic compatibility are compelling automotive manufacturers to invest in high-quality shielding materials and solutions to achieve compliance with industry standards and regulations. The need to mitigate electromagnetic/RFI emissions and ensure electromagnetic compatibility with other electronic devices and systems is driving the adoption of advanced shielding technologies in automotive applications.
Furthermore, the increasing emphasis on lightweight and fuel efficiency in the automotive industry is driving the demand for innovative and lightweight shielding materials that offer superior performance without adding significant weight to vehicles. Lightweight shielding solutions, such as conductive plastics, metalized fabrics, and thin-film coatings, are gaining popularity as they enable automotive manufacturers to achieve weight reduction targets while simultaneously meeting EMI/RFI shielding requirements.
What are the Challenges in Automotive Shielding Market?
Numerous obstacles impede the expansion and uptake of the automotive shielding market within the automotive sector. The complexity and unpredictability of the sources of radio frequency interference (RFI) and electromagnetic interference (EMI) in contemporary cars is one of the main problems. It gets harder to locate and reduce the sources of EMI/RFI emissions throughout the vehicle’s electromagnetic spectrum as electronic components, sensors, and communication systems become more integrated. To ensure effective electromagnetic compatibility (EMC) in vehicles, automotive OEMs and suppliers need to develop comprehensive shielding solutions that address a wide range of EMI/RFI frequencies and sources.
Furthermore, manufacturers of automotive shielding face additional challenges due to the swift advancement and change of technology in the automotive sector. The need for EMI/RFI shielding solutions changed in tandem with the introduction of new vehicle architectures, advanced driver assistance systems (ADAS), and powertrain technologies by automotive OEMs. Automotive shielding manufacturers find it difficult to keep up with these technological developments and to develop shielding materials and solutions that satisfy the exacting performance, reliability, and safety requirements of next-generation vehicles. One of the biggest obstacles facing the automotive shielding market is cost. Automotive manufacturers are under pressure to reduce costs and maximize value across their supply chains, even as consumer preferences for connected and electrified vehicles and regulatory mandates are driving up demand for advanced shielding materials and solutions. This cost-conscious strategy prevents the adoption of sophisticated and high-performance shielding solutions, especially from OEMs and suppliers who are on a tight budget. This limits the market expansion.
Category-Wise Acumens
How does EMI Application Help in the Growth of the Automotive Shielding Market?
According to analysis, the EMI application segment is estimated to dominate the market during the forecast period. The likelihood of electromagnetic interference increases as automobiles depend more and more on electronic parts and systems. As a result, automakers are including shielding systems in their cars to lessen the effects of electromagnetic interference. These shielding solutions guarantee the dependability and efficiency of vital electronic systems in cars by preventing electromagnetic interference from interfering with their operation.
Furthermore, the significance of EMI shielding is further increased by the rising demand for hybrid and electric cars. High-voltage electrical systems found in these cars are prone to electromagnetic interference. To avoid EMI-related problems and guarantee the safe and dependable operation of electric and hybrid vehicles, effective shielding is necessary. To meet strict EMI regulations and overcome these obstacles, the automotive industry is witnessing a surge in the adoption of advanced shielding materials and technologies.
Which Factors are Influencing the Growth of Heavy Commercial Vehicles (HCV)?
The heavy commercial vehicle segment is estimated to dominate the market during the forecast period. Effective electromagnetic interference (EMI) shielding is required for heavy commercial vehicles due to the growing use of infotainment and advanced driver assistance systems (ADAS). These systems depend on delicate electronic parts that are prone to electromagnetic interference (EMI), which could cause problems or pose safety risks. Strong shielding solutions are therefore being incorporated by manufacturers to guarantee these systems’ dependable operation in HCVs.
The need for shielding solutions is being driven by the increased focus on vehicle electrification and connectivity in heavy commercial vehicles. Effective EMI shielding is necessary for electric HCVs to safeguard delicate electronic components and guarantee the secure operation of high-voltage systems. In a similar vein, shielding is necessary for connected HCVs with GPS, telematics, and communication systems to avoid interference and preserve signal integrity.
Furthermore, the automotive shielding market for heavy commercial vehicles is being shaped by strict standards and regulations about electromagnetic compatibility (EMC) and electromagnetic interference (EMI). HCV safety, dependability, and performance depend on compliance with these regulations, which drives manufacturers to invest in cutting-edge shielding materials and technologies.
Gain Access to Automotive Shielding Market Report Methodology
Country/Region-wise Acumens
Which Region has the Most Potential for Growth in the Automotive Shielding Market?
The Asia Pacific region is estimated to exhibit the highest growth during the forecast period. First off, the region is home to some of the biggest automotive manufacturing hubs in the world, including South Korea, China, Japan, and India. These nations have strong car industries that produce a wide variety of vehicles, including heavy commercial vehicles (HCVs), in large quantities. The Asia-Pacific region’s automotive sales are propelled by swift urbanization, escalating disposable incomes, and growing demand for both passenger and commercial vehicles. Because of this, there is an increasing demand for cutting-edge automotive technologies, such as electromagnetic interference (EMI) shielding solutions, to guarantee the dependability, efficiency, and security of automobiles in a variety of operational settings.
Furthermore, strict emission regulations and regulatory frameworks in nations like China and India are pressuring automakers to implement cutting-edge technologies that improve vehicle efficiency and lower electromagnetic interference. The incorporation of efficient shielding solutions in vehicles is imperative for compliance with these regulations, thereby propelling the market’s growth.
How does the North American region Dominate in Automotive Shielding Market?
North America region is estimated to dominate the market during the forecast period. The automotive industry in North America is well-established and has a long history of innovation and technological advancement. Along with a large number of Tier 1 suppliers, the region is home to some of the biggest automakers in the world, including General Motors, Ford, and Fiat Chrysler Automobiles. These businesses use their wealth of resources and experience to create state-of-the-art cars with cutting-edge shielding systems.
North America’s automotive industry is distinguished by a heavy emphasis on R&D spending and technological innovation. Businesses constantly work to improve the functionality, safety, and comfort of vehicles by incorporating cutting-edge technologies, such as sophisticated shielding materials and designs.
Furthermore, the adoption of next-generation shielding solutions designed to satisfy the changing needs of the automotive market is fueled by this dedication to innovation. The strict laws that control emissions, electromagnetic compatibility, and vehicle safety are well-known in North America (EMC). Vehicles must adhere to stringent safety and environmental regulations, which are enforced by regulatory agencies like the Federal Communications Commission (FCC) and the National Highway Traffic Safety Administration (NHTSA). Therefore, to comply with these standards, automotive manufacturers and suppliers in the area give top priority to the integration of premium shielding materials and solutions.
Competitive Landscape
The competitive landscape in the automotive shielding market is dynamic and evolving, driven by changing customer preferences, technological advancements, and market dynamics. Providers continue to innovate and differentiate their offerings to stay competitive and capture market share in this rapidly growing market.
Some of the prominent players operating in the automotive shielding market include
- Autoneum
- Dana Limited
- Elring Klinger AG
- Morgan Advanced Materials
- Kitagawa Europe
- Schaffner Holding
- Federal-Mogul Corporation
- Laird PLC
- Henkel AG & Company
Recent Developments
- In April 2019, Toyochem Co. released thermally conductive adhesive sheets under the LIOELM FTS brand. It is well suited for heat dissipation in high-power electronic equipment. By continually insulating the gadget from thermal shock and high voltages, the product can convey heat from its true source.
- In May 2019, Autoneum broadened its product line by manufacturing Ultra-Silent cloth battery undercovers that meet the exacting standards for acoustic and thermal control in electric vehicles. Lightweight Ultra-Silent components are typically made from recycled PET fibers that may be fully cultivated, making them especially environmentally friendly.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2031 |
Growth Rate | CAGR of ~7.20% from 2024 to 2031 |
Base Year | 2024 |
Historical Period | 2021-2023 |
Forecast Period | 2024-2031 |
Unit | Value (USD Billion) |
Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
Segments Covered | Type, Application, Vehicle Type, and Geography |
Regions Covered |
|
Key Players | Autoneum, Dana Limited, Elring Klinger AG, Morgan Advanced Materials, Kitagawa Europe, Schaffner Holding, Federal-Mogul Corporation, Laird PLC, Henkel AG & Company |
Customization | Report customization along with purchase available upon request |
Automotive Shielding Market, by Category
Type
- EMI Shielding
- Heat Shielding
Application
- Heat Application
- EMI Application
Vehicle Type
- Heavy Commercial Vehicle (HCV)
- Light Commercial Vehicle (LCV)
- Passenger Car
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any please connect with our sales team, who will ensure that your requirements are met.