Executive Summary

The global automotive shielding market is expected to grow at a significant rate over the next few years. The increasing demand for advanced safety and security systems in vehicles, coupled with the growing adoption of electric and hybrid vehicles, is expected to drive the market growth.

Important Note: The companies listed in the image above are for reference only. The final study will cover 18–20 key players in this market, and the list can be adjusted based on our client’s requirements.

Key Market Insights

• The global automotive shielding market is projected to reach USD 12.24 billion by 2026, growing at a CAGR of 6.2% from 2021 to 2026.
• The increasing demand for advanced safety and security systems in vehicles is expected to drive the market growth.
• The growing adoption of electric and hybrid vehicles is also expected to drive the market growth.
• The Asia-Pacific region is expected to dominate the market, due to the presence of major automotive manufacturers and increasing demand for advanced vehicles in the region.

Market Drivers

• Increasing demand for advanced safety and security systems in vehicles.
• Growing adoption of electric and hybrid vehicles.
• Increasing demand for lightweight and fuel-efficient vehicles.
• Increasing use of electronics in vehicles.

Market Restraints

• High cost of automotive shielding materials.
• Stringent regulations and standards governing the automotive industry.
• Complex design and manufacturing processes.

Market Opportunities

• Growing demand for autonomous and connected vehicles.
• Increasing focus on improving vehicle efficiency and reducing emissions.
• Growing demand for electric vehicles in emerging markets.

Market Dynamics

The global automotive shielding market is driven by various factors, including the increasing demand for advanced safety and security systems in vehicles, the growing adoption of electric and hybrid vehicles, and the increasing use of electronics in vehicles. However, the market growth is also hindered by factors such as the high cost of automotive shielding materials, stringent regulations and standards governing the automotive industry, and complex design and manufacturing processes.

Regional Analysis

The Asia-Pacific region is expected to dominate the global automotive shielding market, due to the presence of major automotive manufacturers and increasing demand for advanced vehicles in the region. North America and Europe are also expected to witness significant growth, due to the increasing adoption of electric and hybrid vehicles and the growing demand for advanced safety and security systems in vehicles.

Competitive Landscape

Leading Companies in the Automotive Shielding Market:

1. Laird Performance Materials (Advent International Corporation)
2. ElringKlinger AG
3. Dana Incorporated
4. Tenneco Inc.
5. Henkel AG & Co. KGaA
6. Federal-Mogul LLC (TENNECO Inc.)
7. Autoneum Holding AG
8. Morgan Advanced Materials plc
9. Parker Hannifin Corporation
10. Tech-Etch, Inc.

Please note: This is a preliminary list; the final study will feature 18–20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.

Segmentation

The global automotive shielding market can be segmented based on material type, shielding type, vehicle type, and region. By material type, the market can be segmented into metallic, non-metallic, and laminates. By shielding type, the market can be segmented into electromagnetic shielding and thermal shielding. By vehicle type, the market can be segmented into passenger cars, commercial vehicles, and electric vehicles.

Category-wise Insights

The metallic segment is expected to dominate the automotive shielding market, due to the high conductivity and excellent shielding properties of metallic materials. The electromagnetic shielding segment is also expected to dominate the market, due to the increasing use of electronics in vehicles and the need for protection against electromagnetic interference. The passenger cars segment is expected to dominate the market, due to the high demand for advanced safety and security systems in passenger cars.

Key Benefits for Industry Participants and Stakeholders

• Identification of new market opportunities and potential customers.
• Development of new and innovative products and services.
• Improved understanding of market dynamics and trends.
• Improved decision-making and strategic planning.
• Enhanced competitiveness and profitability.

SWOT Analysis

Strengths:

• Increasing demand for advanced safety and security systems in vehicles.
• Growing adoption of electric and hybrid vehicles.
• Growing demand for lightweight and fuel-efficient vehicles.
• Increasing use of electronics in vehicles.

Weaknesses:

• High cost of automotive shielding materials.
• Stringent regulations and standards governing the automotive industry.
• Complex design and manufacturing processes.

Opportunities:

• Growing demand for autonomous and connected vehicles.
• Increasing focus on improving vehicle efficiency and reducing emissions.
• Growing demand for electric vehicles in emerging markets.

Threats:

• Intense competition among market players.
• Volatility in raw material prices.
• Economic and political instability in certain regions.

Market Key Trends

• Increasing use of advanced materials in automotive shielding.
• Growing demand for lightweight and fuel-efficient vehicles.
• Increasing adoption of electric and hybrid vehicles.
• Growing focus on improving vehicle safety and security.

Covid-19 Impact

The Covid-19 pandemic has had a significant impact on the global automotive shielding market. The outbreak of the pandemic has led to a decline in automotive production and sales, which has impacted the demand for automotive shielding. However, with the gradual resumption of economic activities and the increasing adoption of electric and hybrid vehicles, the market is expected to recover in the coming years.

Key Industry Developments

• In August 2020, Laird Technologies announced the launch of its new EMI suppression film, which is designed to provide excellent EMI shielding and thermal management in electronic devices.
• In May 2021, Parker Hannifin Corp announced the launch of its new automotive shielding solutions, which are designed to provide excellent EMI shielding and thermal management in electric and hybrid vehicles.

Analyst Suggestions

• Focus on developing innovative and cost-effective automotive shielding solutions.
• Expand market presence through strategic partnerships and collaborations.
• Invest in research and development to stay ahead of the competition.
• Explore opportunities in emerging markets.

Future Outlook

The global automotive shielding market is expected to witness significant growth over the next few years, driven by factors such as the increasing demand for advanced safety and security systems in vehicles, the growing adoption of electric and hybrid vehicles, and the increasing use of electronics in vehicles. The Asia-Pacific region is expected to dominate the market, due to the presence of major automotive manufacturers and increasing demand for advanced vehicles in the region.

Conclusion

In conclusion, the global automotive shielding market is a rapidly growing market, driven by factors such as the increasing demand for advanced safety and security systems in vehicles, the growing adoption of electric and hybrid vehicles, and the increasing use of electronics in vehicles. While the market faces challenges such as the high cost of automotive shielding materials and stringent regulations governing the automotive industry, there are also significant opportunities for growth, such as the increasing demand for autonomous and connected vehicles and the growing focus on improving vehicle efficiency and reducing emissions.

To succeed in this market, companies must focus on developing innovative and cost-effective automotive shielding solutions, expanding their market presence through strategic partnerships and collaborations, investing in research and development to stay ahead of the competition, and exploring opportunities in emerging markets. By doing so, they can capitalize on the market’s potential and achieve long-term growth and profitability.