According to a new report, published by KBV research, The Global Automotive Shielding Market size is expected to reach $28.8 billion by 2030, rising at a market growth of 4.4% CAGR during the forecast period.
The Heat Shielding segment is generating the maximum revenue in the Global Automotive Shielding Market by Shielding Type in 2022; thereby, achieving a market value of $22.5 billion by 2030. The automotive industry's pursuit of high-performance vehicles with increased power output and efficiency has heightened the demand for advanced heat shielding. Performance-oriented vehicles generate more heat, necessitating effective thermal management to prevent overheating and maintain optimal component temperatures. Heat shielding is crucial to protect surrounding components and ensure the efficient operation of turbocharging systems.
The Electronic Control Modules segment would exhibit a CAGR of 4.2% during (2023 - 2030). The segment is growing due to the increased integration of ADAS features such as radar, LiDAR, and camera-based systems, all of which rely on precise and uninterrupted communication between ECMs. Additionally, the shift toward electric and hybrid vehicles involves sophisticated electronic systems and powertrains. These systems, including battery management, electric motors, and inverters, generate electromagnetic fields that can interfere with other vehicle systems. Shielding is essential to prevent EMI and maintain the functionality of ECMs in these electrified vehicles.
The Passenger segment is leading the Global Automotive Shielding Market by Vehicle in 2022; thereby, achieving a market value of $22.1 billion by 2030. The passenger car segment has significantly integrated safety-critical systems, including airbag deployment systems, collision avoidance radars, and lane-keeping assist. Shielding solutions play a vital role in maintaining the reliability and accuracy of these safety features by preventing interference that could compromise their functionality.
The Aluminum segment is experiencing a CAGR of 4.7% during (2023 - 2030). Aluminum is highly effective in shielding against electromagnetic interference (EMI) and radio frequency interference (RFI) due to its conductivity. It can provide superior shielding effectiveness, protecting sensitive electronic components from external interference. Moreover, it offers better mechanical properties and higher tensile strength compared to many plastics, providing robust protection for automotive components against physical impacts and harsh conditions.
The Asia Pacific region dominated the Global Automotive Shielding Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $14.1 billion by 2030. The Europe region is anticipated to grow a CAGR of 3.6% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 4.1% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/automotive-shielding-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Dana Incorporated, Tenneco, Inc., Henkel AG & Company, KGaA, Morgan Advanced Materials plc, 3M Company, Parker Hannifin Corporation, RTP Company, Inc., Autoneum Holding AG, Tech Etch, Inc. and Marian, Inc.
By Shielding Type
By Application
By Vehicle
By Material
By Geography
Companies Profiled
Unique Offerings 
