Title: Automotive Shielding Market - Forecast(2022 - 2027)
1Automotive Shielding Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Automotive Shielding Market size is projected to
reach 22.6 billion by 2026, and it is estimated
to grow at a CAGR 4.7Â during 2021-2026. The
robust growth of Automotive Shielding Market is
majorly attributed to the increasing adoption of
stringent fuel efficiency norms, pollution
prevention regulations globally to curb the
vehicle emission. - Automotive Shielding helps in increasing vehicle
performance by protecting against heat or EMI and
reduces fuel consumption complying with the
vehicles emission standards.
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- Key Takeaways
- Passenger Vehicles are estimated to account for
the largest market share of 70 by 2026 owing to
growth in sales of passenger cars in emerging
counties. - APAC has dominated the Automotive Shielding
market in 2020 and is estimated to account for
largest market share of 47 with the fastest
growing CAGR 5.6 due to high demand for
automotive shielding for electric vehicles
stringent emission norms by government. - Rapid penetration of electric vehicles and rising
government initiatives to curb vehicle emission
are set to drive the market.
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Automotive Shielding Market Segment Analysis- By
Geography By geography, Automotive Shielding
Market has been segmented into North America,
Europe, APAC, South America and RoW. APAC
dominated the Automotive Shielding market in 2020
with a share of 44 and is estimated to hold the
major market share of 47 by 2026 owing to rising
adoption of electric vehicles, major developments
in electronics industry. APAC is also estimated
to grow at the fastest CAGR 5.6 from 2021 to
2026 owing to rapid adoption of fuel efficient
cars. Growing number of electronic components and
sensors for advance infotainment system is a key
factor driving the market growth in the region.Â
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- Automotive Shielding Market OutLook
- Laird PLC,
- Henkel AG Co. KGaA,
- Dana Incorporated,
- The 3M Company,
- Morgan Advanced Materials,
- Tenneco Inc.,
- Parker Hannifin Corporation,
- KITAGAWA Industries Co. Ltd.,
- The Schaffner Group,
- Federal-Mogul CorporationÂ
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Automotive Shielding Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Research/Au
tomotive-Shielding-Market-Research-501021
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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