Automotive Shielding Market to offer profitable growth during 2020-25 with a healthy CAGR of 8.2%
February 19, 2020
Automotive Shielding Market Overview:
Automotive shielding market is likely to witness an impressive CAGR of 8.2% during the forecast period. The unprecedented rise in the growth in vehicle production, growing demand for fuel-efficient vehicles, stringent emission protocols, increasing electrification of vehicles, wider adoption of high-end electronics, considerations of safety features, and the escalating demand for luxury and commercial vehicles are the key drivers that bolster the demand for the global automotive shielding market.
The Diverse Stand Point:
The true picture of the market shall not emerge till the time the market is analysed from various point of views. Each vantage point give better understanding of the market. The market of Automotive Shielding has been view from various perspectives such as:
- By Shielding Type (EMI Shielding, Heat Shielding)
- By Material Type (Metallic Shield, Non-Metallic Shield)
- By Heat Application Type (Engine Compartment, Exhaust System, Turbocharger)
- By EMI Type (Adaptive Cruise Control (ACC), Electric Motor, Engine Control Module (ECM), Forward Collision Warning (FCW), Intelligent Park Assist (IPA), Lane Departure Warning (LDW), Infotainment)
- By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle)
- By Electric Vehicle Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Plug-In Electric Vehicle)
- By Region (North America, Europe, Asia-Pacific, and RoW)
Each view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.
The answers to the prominent questions which are evinced out of above slicing of the market are:
- Which are the best performing segments of the market?
- Which is the most dominant region?
- Who are the movers and shakers of the market?
- What are the regional growth hotspots?
- What are the segmental growth forecasts?
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Automotive Shielding Market Segment Insights:
Passenger Car: The growth engine
Based on the vehicle type, the automotive shielding market is segmented as passenger car, light commercial vehicle, and heavy commercial vehicle. The passenger car segment is anticipated to register the highest growth during the forecast period. The mounting production of passenger cars, the growing awareness of safety features, the demand for fuel-efficient variants along with the cognizance of stringent emission norms have greatly influenced the growth of this segment.
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https://www.stratviewresearch.com/toc/640/automotive-shielding-market.html
Dominance of: EMI Shielding
Based on the shielding type, the market has been segmented as EMI shielding and heat shielding. It is estimated that the EMI shielding will be the fastest-growing segment in the coming five years. The creation of advanced features and electronic components in a vehicle drive the high demand for this segment. The extensive use of high-end electronics in vehicles further strengthen the market of this segment.
A highly/moderately/fragment consolidated Market
Some of the major automotive shielding manufacturers are Federal-Mogul, Laird PLC, Morgan Advanced Materials, Elringklinger Ag, Dana Incorporated, Schaffner Holding, Henkel AG & Company, KGaA, The 3M Company, Parker Chomerics, Kitagawa Iron Works Co., Ltd, Tech-Etch Inc., and Marian, Inc.
Regional Hegemony of Asia-Pacific
Asia-Pacific is estimated to have the fastest growth during the forecast period. China, Japan, India, and South Korea are considered to be the growth engines of the region. Growing automobile production, increasing safety concerns, and high demand for luxury vehicles drive the market for automotive shielding in the region during the approaching years.
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Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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