Title: Automotive Shielding Market - Forecast (2023 - 2028)
1Automotive Shielding Market Forecast (2023 -
2028)
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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 4.7 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 from 2021 to 2026.
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- By Distribution Channel- Segment Analysis
- The rapid transition of automotive industries
towards electrification of vehicles to reduce the
carbon footprint is stimulating the market. The
advanced features in electric vehicles including
ADAS, infotainment, V2X communication technology
and other AI based applications result in high
electromagnetic noise and elevate the complexity
in electronic devices in the limited interior
space of the vehicle causing malfunctioning or
cross-connection of magnetic fields.
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- Automotive Shielding Market
-
- 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 Corporation
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Automotive Shielding Market Learn More About the
Report _at_ https//www.industryarc.com/Research/A
utomotive-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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501021
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com