Market Overview:
The automotive shield market is estimated at $7.46 billion in 2018. It is expected to reach USD 11.4 billion by 2023, with a CAGR of 7.34% during the forecast period. The base year for the study is 2018, and the forecast period is 2018-2023. The automotive armor market is mainly due to the growing demand for vehicles that consume less fuel, to a higher production of vehicles, to a growing concern for safety and to the high acceptance of advanced electrical and electronic components in vehicles.
Recent developments:
Market value and expected growth:
In addition to the growing demand for automobiles, the market for thermal protectors for automobiles is also based on its technological advances and develops tailor-made products tailored to different needs. The appearance of a new segment in the automotive industry, which includes electric and hybrid vehicles, is another important opportunity that opens up in this market. On the other hand, the increase in the prices of basic products such as aluminum is preventing the market from reaching its true potential. The automotive armor market is estimated at USD 7.46 billion in 2018 and is expected to reach a market size of USD 11.4 billion by 2023, which will grow to a CAGR of 7.34% in the forecast period. The Asia-Pacific region is considered the fastest-growing market for automobile armoring.
Automotive Shielding Market Drivers & Restraints:
Increasing the number of car sales around the world creates enormous scope and opportunities for the automobile thermal shield market. The technological advances have allowed the manufacturers of thermal protectors in the automotive industry to bring innovation to their products. The integration and adaptation of thermal screens with advanced technologies have resulted in new and innovative thermal protection components for hybrid and electric vehicles.
This segment of new vehicles will be favored by consumers in the coming years due to respect for the environment, fuel efficiency, and other characteristics. In addition, the advancement of thermal protection technology for automobiles in standard vehicles, such as the fixing of thermal protection components in the vehicle, to prevent the combustion of the thermal engine and air conditioning; It has had a positive effect on the entire automotive industry. The decisive factor that inhibits the growth of the automotive armor market is the development of technologically advanced products to minimize EMI. In addition, shielding at the plate level is used to ensure the safety and proper functioning of a component, which reduces the need for additional shielding at the OEM level. The additional costs and the weight of the automotive shields challenge the growth of the automotive shield market.
Market Taxonomy:
By Shielding Type:
By Material Type:
By Heat Application:
By EMI Application:
By Vehicle Type:
By Electric Vehicle Type:
Key Players:
The automotive shielding market is dominated by a few global players and several regional players. Some of the key manufacturers operating in the market are Laird (UK), ElringKlinger (Germany), Federal-Mogul (US), Morgan Advanced Materials (UK), Dana (US), Henkel (Germany), Kitagawa (Japan), and Schaffner (Switzerland) among others.
Research Report Key Highlights:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Automotive Shielding Market, By Shielding Type
6.1.1 EMI Shielding
6.1.2 Heat Sheilding
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Automotive Shielding Market, By Material Type
6.2.1 Metallic
6.2.2 Non-Metallic
6.2.3 Market Size Estimations & Forecasts (2019-2024)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Automotive Shielding Market, By Heat Application
6.3.1 Engine Compartment
6.3.2 Exhaust System
6.3.3 Turbocharger
6.3.4 Market Size Estimations & Forecasts (2019-2024)
6.3.5 Y-o-Y Growth Rate Analysis
6.3.6 Market Attractiveness Index
6.4 Automotive Shielding Market, By EMI Application
6.4.1 Adaptive Cruise Control
6.4.2 Electric Motor
6.4.3 Engine Control Module
6.4.4 Forward Collision Warning
6.4.5 Infotainment
6.4.6 Intelligent Park Assist
6.4.7 Lane Departure Warning
6.4.8 Market Size Estimations & Forecasts (2019-2024)
6.4.9 Y-o-Y Growth Rate Analysis
6.4.10 Market Attractiveness Index
6.5 Automotive Shielding Market, By Vehicle Type
6.5.1 Passenger Car
6.5.2 Light Commercial Vehicle
6.5.3 Heavy Commercial Vehicle
6.5.4 Market Size Estimations & Forecasts (2019-2024)
6.5.5 Y-o-Y Growth Rate Analysis
6.5.6 Market Attractiveness Index
6.6 Automotive Shielding Market, By Electric Vehicle Type
6.6.1 BEV
6.6.2 FCEV
6.6.3 HEV
6.6.4 PHEV
6.6.5 Market Size Estimations & Forecasts (2019-2024)
6.6.6 Y-o-Y Growth Rate Analysis
6.6.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Shielding Type
7.2.3 By Material Type
7.2.4 By Heat Application
7.2.5 By EMI Application
7.2.6 By Vehicle Type
7.2.7 By Electric Vehicle Type
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Shielding Type
7.3.3 By Material Type
7.3.4 By Heat Application
7.3.5 By EMI Application
7.3.6 By Vehicle Type
7.3.7 By Electric Vehicle Type
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Shielding Type
7.4.3 By Material Type
7.4.4 By Heat Application
7.4.5 By EMI Application
7.4.6 By Vehicle Type
7.4.7 By Electric Vehicle Type
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Shielding Type
7.5.3 By Material Type
7.5.4 By Heat Application
7.5.5 By EMI Application
7.5.6 By Vehicle Type
7.5.7 By Electric Vehicle Type
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Shielding Type
7.6.3 By Material Type
7.6.4 By Heat Application
7.6.5 By EMI Application
7.6.6 By Vehicle Type
7.6.7 By Electric Vehicle Type
8. Key Player Analysis
8.1 Laird
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 ElringKlinger
8.3 Federal-Mogul
8.4 Morgan Advanced Materials
8.5 Dana
8.6 Henkel
8.7 Kitagawa
8.8 Schaffner
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
