HOME Top Market Reports Automotive Shielding Market by Shielding (Heat, EMI), Heat Application (Engine, Exhaust, Turbocharger), EMI Application (ACC, ECU, IPA, LDE, FCW, Electric Motor), Material Type, EV (BEV, HEV), Vehicle (PC, LCV, HCV), and Region - Global Forecast to 2025

Automotive Shielding Market by Shielding (Heat, EMI), Heat Application (Engine, Exhaust, Turbocharger), EMI Application (ACC, ECU, IPA, LDE, FCW, Electric Motor), Material Type, EV (BEV, HEV), Vehicle (PC, LCV, HCV), and Region - Global Forecast to 2025

By: marketsandmarkets.com
Publishing Date: July 2018
Report Code: AT 6469

 

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The automotive shielding market is estimated to be USD 6.89 billion in 2017 and is projected to reach USD 12.24 billion by 2025, at a CAGR of 7.33% during the forecast period. The base year for the study is 2017 and the forecast period is 2018–2025. The automotive shielding market is primarily driven by the rising demand for fuel-efficient vehicles, increased vehicle production, growing safety concerns, and the high adoption rate of advanced electrical and electronic components in vehicles.

Automotive Shielding Market Drivers

Increased vehicle production

The automotive shielding market is largely dependent on vehicle production. Despite the increasing popularity of EVs, the production of ICE vehicles has increased to bridge the demand and supply gap. Hybrid and plug-in hybrid, which are fuel-efficient vehicles, have also gained popularity. The increasing production of HEV, PHEV, and ICE vehicles is expected to trigger the growth of automotive shielding market. Vehicle production is growing across the globe owing to several factors, such as the growing demand for passenger cars, increase in purchasing power, and capacity expansion by OEMs, particularly in emerging economies.

Increasing Electric Vehicle (EV) sales boosts Automotive Shielding Market

Another factor driving the growth of the automotive shielding market is the increasing sales of EVs. The increased sales of EVs is driving the EMI shielding market. More EVs on the road means more number of electronic components in a vehicle would need to be shielded. Thus, the EMI shielding market has great potential in case of EVs.

Objectives of the Study

  • To analyze the automotive shielding market and forecast (2018–2025) its size, in terms of value (USD million)
  • To provide detailed information regarding the major factors influencing the growth of the automotive shielding market (drivers, restraints, opportunities, and industry challenges)
  • To analyze the regional markets for growth trends, prospects, and their contribution to the overall market
  • To segment the automotive shielding market and forecast its size, by value, based on region (Asia Pacific, Europe, North America, and the Rest of the World (RoW))
  • To segment the automotive shielding market and forecast the market size, by value, based on shielding type (heat shield and EMI shield)
  • To segment the automotive shielding market and forecast the market size, by value, based on vehicle type (Passenger Car (PC), Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV))
  • To segment the automotive shielding market and forecast the market size, by value, based on electric vehicle type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), and Fuel Cell Electric Vehicle (FCEV)
  • To segment the automotive shielding market and forecast the market size, by value, based on material type (metallic and non-metallic)
  • To segment the automotive shielding market and forecast the market size, by value, based on the heat application type (engine compartment, turbocharger, and exhaust system)
  • To segment the automotive shielding market and forecast the market size, by value, based on EMI application type (infotainment, engine control module, adaptive cruise control, intelligent park assist, lane departure warning, forward collision warning, and electric motor)
  • To showcase the technological developments impacting the automotive shielding market
  • To analyze opportunities for stakeholders and the competitive landscape for market leaders
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants

Automotive Shielding Market Recent Developments - New Product Developments, 2018


COMPANY DATE DESCRIPTION
Tech-Etch February 2018

Tech-Etch has introduced a new EMI/RFI shielding low-profile, clip-on gasket with part number 125G23C040. The gasket profile has a free height of just 0.030″ to close very small gaps and is available in any full-finger length up to 16.00″ and all plating finishes. Beryllium copper’s mechanical and electrical properties make it the ideal material for EMI/RFI shielding with over 100 db attenuation. Clip-on mounting provides a secure installation with high durability, and optional MINI D lances are offered for additional security.

Schaffner August 2017 Schaffner developed a new innovative filter solution for the growing E-Mobility market. Schaffner took a step forward in the technology: less copper, smaller volume, and outstanding performance are the results obtained by our new Active Filtering Technology. Excellent attenuation at lower frequencies starting from 100 kHz up to 30 MHz can be now achieved with dramatic size and cost reductions. Schaffner would introduce filters based upon active technology early in 2018.

Automotive Shielding MarketExpansions, 2017–2018


COMPANY DATE DESCRIPTION
Elringklinger March 2018

ElringKlinger is expanding its production capacities for thermal and acoustic shielding systems in the US. It is planning to open a new facility in Fort Wayne, as part of which up to 150 new jobs would be created by 2022. The new 5,500-square-meter plant would manufacture shielding systems for cars and commercial vehicles; it would also house production, logistics, IT, and R&D facilities.

Marian August 2017 Marian expanded its Indianapolis headquarters. The new facility would bring Marian’s tool and machine shop staff and all machine building processes under one roof. The site is expanded by 12,000 square foot.

Research Methodology

This research study involves the use of secondary sources such as company annual reports/presentations, industry association publications, automotive magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases such as Hoover’s, Bloomberg Businessweek, and Factiva to identify and collect information for an extensive commercial study of the automotive shielding market. The primary sources comprise industry experts, engineers, product managers, R&D managers, automobile OEMs, fuel cell manufacturers, and sales managers. In-depth interviews have been conducted with various primary respondents, including key industry participants, subject-matter experts, technical experts, fuel cell experts of major market players, and industry consultants to obtain and verify critical qualitative and quantitative information as well as to assess prospects. The following figure illustrates the market research methodology applied to make this report on the automotive shielding market.

Automotive Shielding Market

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the automotive shielding market consists of automotive shielding technology manufacturers such as Laird (UK), ElringKlinger (Germany), Federal-Mogul (US), Morgan Advanced Materials (UK), Dana (US), Henkel (Germany), Kitagawa (Japan), and Schaffner (Switzerland) among others.

Target Audience

  • Automotive OEMs
  • Companies operating in the automotive shielding ecosystem
  • Country-level governments and other policymakers
  • Country-level industry associations and experts
  • Distributors and suppliers of automotive shielding components
  • Electric vehicle manufacturers
  • Manufacturers of automotive shielding components
  • Manufacturers of automotive shielding
  • Raw material manufacturers
  • Raw material suppliers

Scope of the Report

Automotive shielding market, By Shielding Type

  • EMI Shielding
  • Heat Shielding

Automotive shielding market, By Material Type

  • Metallic
  • Non-Metallic

Automotive shielding market, By Heat Application

  • Engine Compartment
  • Exhaust System
  • Turbocharger

Automotive shielding market, By EMI Application

  • Adaptive Cruise Control
  • Electric Motor
  • Engine Control Module
  • Forward Collision Warning
  • Infotainment
  • Intelligent Park Assist
  • Lane Departure Warning

Automotive shielding market, By Vehicle Type

  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Automotive shielding market, By Electric Vehicle Type

  • BEV
  • FCEV
  • HEV
  • PHEV

Automotive shielding market, By Region

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World (RoW)

Available Customizations

  • Detailed analysis and profiling of additional countries (up to 3)
  • Detailed analysis and profiling of additional market players (up to 3)
  • Competitive Leadership Mapping (Micro-quadrant)
  • Country level analysis of segments (up to 2)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
    2.5 Market Breakdown and Data Triangulation
    2.6 Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Opportunities in the Automotive Shielding Market
    4.2 Automotive Shielding Market, By Shielding Type, 2018–2025
    4.3 Automotive Shielding Market, By Material Type, 2018–2025
    4.4 Automotive Shielding Market, By Heat Application, 2018–2025
    4.5 Automotive Shielding Market, By EMI Application, 2018–2025
    4.6 Automotive Shielding Market, By Vehicle Type, 2018–2025
    4.7 Automotive Shielding Market, By Electric Vehicle Type, 2018–2025
    4.8 Automotive Shielding Market, By Region, 2018–2025

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increased Vehicle Production
                    5.2.1.2 Increasing Electric Vehicle (EV) Sales
                    5.2.1.3 Increased Use of Electronic Components
           5.2.2 Restraints
                    5.2.2.1 Development of Products to Minimize EMI
           5.2.3 Opportunities
                    5.2.3.1 Advent of Semi-Autonomous and Autonomous Vehicles
                    5.2.3.2 Introduction of V2X
           5.2.4 Challenges
                    5.2.4.1 Additional Vehicle Cost
                    5.2.4.2 Additional Weight

6 Technology Overview (Page No. - 40)
    6.1 Introduction
    6.2 Value Chain Analysis -EMI Shielding Market
    6.3 EMI Protection Design Techniques
           6.3.1 IC Level
           6.3.2 Board Level Shielding (BLS)
           6.3.3 Module Level
           6.3.4 Interconnect Level

7 Automotive Shielding Market, By Shielding Type (Page No. - 43)
    7.1 Introduction
    7.2 EMI Shielding
    7.3 Heat Shielding

8 Automotive Shielding Market, By Material Type (Page No. - 48)
    8.1 Introduction
    8.2 Metallic Shield
    8.3 Non-Metallic Shield

9 Automotive Shielding Market, By Heat Application (Page No. - 53)
    9.1 Introduction
    9.2 Engine Compartment
    9.3 Exhaust System
    9.4 Turbocharger

10 Automotive Shielding Market, By EMI Application (Page No. - 59)
     10.1 Introduction
     10.2 Adaptive Cruise Control (ACC)
     10.3 Electric Motor
     10.4 Engine Control Module (ECM)
     10.5 Forward Collision Warning (FCW)
     10.6 Intelligent Park Assist (IPA)
     10.7 Lane Departure Warning (LDW)
     10.8 Infotainment

11 Automotive Shielding Market, By Vehicle Type (Page No. - 70)
     11.1 Introduction
     11.2 Passenger Car
     11.3 Light Commercial Vehicle (LCV)
     11.4 Heavy Commercial Vehicle (HCV)

12 Automotive Shielding Market, By Electric Vehicle Type (Page No. - 76)
     12.1 Introduction
     12.2 Battery Electric Vehicle (BEV)
     12.3 Fuel Cell Electric Vehicle (FCEV)
     12.4 Hybrid Electric Vehicle (HEV)
     12.5 Plug-in Hybrid Electric Vehicle (FCEV)

13 Automotive Shielding Market, By Region (Page No. - 84)
     13.1 Introduction
     13.2 Asia Pacific
             13.2.1 China
             13.2.2 India
             13.2.3 Japan
             13.2.4 South Korea
     13.3 Europe
             13.3.1 France
             13.3.2 Germany
             13.3.3 Italy
             13.3.4 Spain
             13.3.5 UK
     13.4 North America
             13.4.1 Canada
             13.4.2 Mexico
             13.4.3 US
     13.5 RoW
             13.5.1 Brazil
             13.5.2 Russia

14 Competitive Landscape (Page No. - 101)
     14.1 Overview
     14.2 Market Ranking Analysis
     14.3 Competitive Scenario
             14.3.1 New Product Developments
             14.3.2 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements
             14.3.3 Expansions, 2016–2018
             14.3.4 Mergers & Acquisitions, 2016–2017

15 Company Profiles (Page No. - 107)
     15.1 Key Players
(Business Overview, Products Offerings, Recent Developments, SWOT Analysis)*
             15.1.1 Federal-Mogul
             15.1.2 Laird PLC
             15.1.3 Morgan Advanced Materials
             15.1.4 Elringklinger Ag
             15.1.5 Dana Incorporated
             15.1.6 Schaffner
             15.1.7 Henkel
             15.1.8 3M
             15.1.9 Chomerics
             15.1.10 Kitagawa
             15.1.11 Tech-Etch
             15.1.12 Marian, Inc.
*Details on Business Overview, Products Offerings, Recent Developments, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
     15.2 Key Players From Other Regions
             15.2.1 North America
             15.2.2 Europe
             15.2.3 Asia Pacific
             15.2.4 Rest of the World (RoW)

16 Appendix (Page No. - 136)
     16.1 Discussion Guide – Automotive Shielding Market
     16.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     16.3 Introducing RT: Real Time Market Intelligence
     16.4 Available Customizations
     16.5 Related Reports
     16.6 Author Details


List of Tables (49 Tables)

Table 1 Currency Exchange Rates (W.R.T. USD)
Table 2 Automotive Shielding Market: By Shielding Type, 2016–2025 (USD Million)
Table 3 EMI Shielding: Market, By Region, 2016–2025 (USD Million)
Table 4 Heat Shielding: Market, By Region, 2016–2025 (USD Million)
Table 5 Market, By Material Type, 2016–2025 (USD Million)
Table 6 Metallic Shield: Market, By Material Type, 2016–2025 (USD Million)
Table 7 Non-Metallic Shield: Market, By Material Type, 2016–2025 (USD Million)
Table 8 Market, By Heat Application, 2016–2025 (USD Million)
Table 9 Engine Compartment: Market, By Region, 2016–2025 (USD Million)
Table 10 Exhaust System: Market, By Region, 2016–2025 (USD Million)
Table 11 Turbocharger: Market, By Region, 2016–2025 (USD Million)
Table 12 Automotive Shielding Market, By EMI Application, 2016–2025 (USD Million)
Table 13 ACC: Market, By Region, 2016–2025 (USD Million)
Table 14 Electric Motor: Market, By Region, 2016–2025 (USD Million)
Table 15 ECM: Market, By Region, 2016–2025 (USD Million)
Table 16 FCW: Market, By Region, 2016–2025 (USD Million)
Table 17 IPA: Automotive Shielding Market, By Region, 2016–2025 (USD Million)
Table 18 LDW: Market, By Region, 2016–2025 (USD Million)
Table 19 Infotainment: Market, By Region, 2016–2025 (USD Million)
Table 20 Market Size, By Vehicle Type, 2016–2025 (USD Million)
Table 21 Passenger Car: Market Size, By Region, 2016–2025 (USD Million)
Table 22 Light Commercial Vehicle:Market, By Region, 2016–2025 (USD Million)
Table 23 Heavy Commercial Vehicle: Market, By Region, 2016–2025 (USD Million)
Table 24 Automotive Shielding Market Size, By Electric Vehicle Type, 2016–2025 (USD Thousand)
Table 25 BEV: Market Size, By EMI Application, 2016–2025 (USD Thousand)
Table 26 FCEV: Market, By EMI Application, 2016–2025 (USD Thousand)
Table 27 HEV: Market, By Application, 2016–2025 (USD Thousand)
Table 28 PHEV: Market, By Application, 2016–2025 (USD Thousand)
Table 29 Market, By Region, 2016–2025 (USD Million)
Table 30 Asia Pacific: Market, By Country, 2016–2025 (USD Million)
Table 31 China: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 32 India: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 33 Japan: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 34 South Korea: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 35 Europe: Market, By Country, 2016–2025 (USD Million)
Table 36 France: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 37 Germany: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 38 Italy: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 39 Spain: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 40 UK: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 41 North America: Market, By Country, 2016–2025 (USD Million)
Table 42 Canada: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 43 Mexico: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 44 US: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 45 RoW: Market, By Country, 2016–2025 (USD Million)
Table 46 Brazil: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 47 Russia: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 48 New Product Developments, 2015–2018
Table 49 Collaborations/Joint Ventures/Supply Contracts/Partnerships/ Agreements, 2015


List of Figures (71 Figures)

Figure 1 Automotive Shielding Market: Markets Covered
Figure 2 Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Market Size Estimation Methodology for the Market: Bottom-Up Approach
Figure 6 Data Triangulation
Figure 7 Automotive Shielding Market: Market Dynamics
Figure 8 Pc Segment is Estimated to Hold the Largest Share of the Market, 2018 vs 2025 (USD Million)
Figure 9 Heat Shielding Segment is Estimated to Hold the Largest Share of the Market, 2018 vs 2025 (USD Million)
Figure 10 Increasing Demand for Advanced Features and Increasing Vehicle Production are Expected to Drive the Automotive Shielding Market
Figure 11 Heat Shielding Holds the Largest Share, By Value, in Market, By Shielding Type
Figure 12 Metallic Holds the Largest Share, By Value, in the Market, By Material Type
Figure 13 Engine Compartment Holds the Largest Share, By Value, in Market, By Heat Application
Figure 14 Engine Control Module Holds the Largest Share, By Value, in Market, By EMI Application
Figure 15 Passenger Car Holds the Largest Share in Market, 2018 vs 2025 (USD Billion)
Figure 16 BEV Holds the Largest Share in Market, 2018 vs 2025 (USD Thousand)
Figure 17 Asia Pacific Holds the Largest Share, By Value, in Market, By Region
Figure 18 Automotive Shielding Market: Market Dynamics
Figure 19 Global Vehicle Production, 2014–2017 (Million Unit)
Figure 20 Electric Vehicle Sales, 2012–2017 (Thousand Unit)
Figure 21 Autonomous Vehicle Production, 2023–2030 (Thousand Unit)
Figure 22 Semi-Autonomous Vehicle Production, 2015–2017 (Thousand Unit)
Figure 23 V2X Enabled Vehicle Production, 2016–2017 (Thousand Unit)
Figure 24 Electromagnetic Interference (EMI) Shielding Market: Value Chain Analysis
Figure 25 Automotive Shielding Market: By Shielding Type, 2018 vs 2025 (USD Million)
Figure 26 EMI Shielding: Market, By Region, 2018 vs 2025 (USD Million)
Figure 27 Heat Shielding: Market, By Region, 2018 vs 2025 (USD Million)
Figure 28 Market, By Material Type, 2018 vs 2025 (USD Million)
Figure 29 Metallic Shield: Market, By Region, 2018 vs 2025 (USD Million)
Figure 30 Non-Metallic Shield: Market, By Material Type, 2018 vs 2025 (USD Million)
Figure 31 Automotive Shielding Market, By Heat Application, 2018 vs 2025 (USD Million)
Figure 32 Engine Compartment: Market, By Region, 2018 vs 2025 (USD Million)
Figure 33 Exhaust System: Market, By Region, 2018 vs 2025 (USD Million)
Figure 34 Turbocharger: Market, By Region, 2018 vs 2025 (USD Million)
Figure 35 Market, By EMI Application, 2018 vs 2025 (USD Million)
Figure 36 ACC: Market, By Region, 2018 vs 2025 (USD Million)
Figure 37 Electric Motor: Market, By Region, 2018 vs 2025 (USD Million)
Figure 38 ECM: Market, By Region, 2018 vs 2025 (USD Million)
Figure 39 FCW: Market, By Region, 2018 vs 2025 (USD Million)
Figure 40 IPA: Market, By Region, 2018 vs 2025 (USD Million)
Figure 41 LDW: Market, By Region, 2018 vs 2025 (USD Million)
Figure 42 Infotainment: Market, By Region, 2018 vs 2025 (USD Million)
Figure 43 Automotive Shielding Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 44 Passenger Car: Market, By Region, 2018 vs 2025 (USD Million)
Figure 45 Light Commercial Vehicle: Market, By Region, 2018 vs 2025 (USD Million)
Figure 46 Heavy Commercial Vehicle: Market, By Region, 2018 vs 2025 (USD Million)
Figure 47 Automotive Shielding Market, By Electric Vehicle Type, 2018 vs 2025 (USD Thousand)
Figure 48 BEV: Market, By EMI Application, 2018 vs 2025 (USD Thousand)
Figure 49 FCEV: Market, By EMI Application, 2018 vs 2025 (USD Million)
Figure 50 HEV: Market, By Application, 2018 vs 2025 (USD Thousand)
Figure 51 PHEV: Market, By Application, 2018 vs 2025 (USD Thousand)
Figure 52 Market, By Region, 2018 vs 2025 (USD Million)
Figure 53 Asia Pacific: Market, 2018 vs 2025 (USD Million)
Figure 54 Europe: Market, 2018 vs 2025 (USD Million)
Figure 55 North America: Market, 2018 vs 2025 (USD Million)
Figure 56 RoW: Automotive Shielding Market, 2018 vs 2025 (USD Million)
Figure 57 Key Developments By Leading Players in the Market, 2015–2018
Figure 58 Federal-Mogul: Company Snapshot
Figure 59 Federal-Mogul: SWOT Analysis
Figure 60 Laird: Company Snapshot
Figure 61 Laird: SWOT Analysis
Figure 62 Morgan Advanced Materials: Company Snapshot
Figure 63 Morgan Advanced Materials: SWOT Analysis
Figure 64 Elringklinger: Company Snapshot
Figure 65 Elringklinger: SWOT Analysis
Figure 66 Dana: Company Snapshot
Figure 67 Dana: SWOT Analysis
Figure 68 Schaffner: Company Snapshot
Figure 69 Henkel: Company Snapshot
Figure 70 3M: Company Snapshot
Figure 71 Kitagawa: Company Snapshot

The value of the automotive shielding market is estimated to be USD 7.46 billion in 2018 and is projected to reach USD 12.24 billion by 2025, at a CAGR of 7.33% from 2018 to 2025. The key growth drivers for the market are increasing vehicle production, high demand for fuel-efficient vehicles, stringent emission regulations, and the increasing demand for luxury and commercial vehicles.

The heat shielding segment is estimated to hold the largest market share, by shielding type, in 2018. The major factor contributing to the overall growth of the heat shields is the increasing demand for commercial vehicles in countries such as the US, China, Japan, Germany, and many others. These vehicles have a high temperature in components such as the engine and exhaust, which drives the demand for heat shields.

The passenger car segment is estimated to hold the largest share, in terms of value, of the automotive shielding market, by vehicle type, during the forecast period. The growth of the passenger car segment can be attributed to high vehicle production of passenger cars, rising demand for fuel-efficient vehicles, increasingly stringent emission norms, and increased use of advanced technologies and electronic components. High demand for personal mobility, increasing per capita income, and improved lifestyle are driving the sales of passenger cars. Also, the adoption of advanced technologies continues to be high for passenger cars in comparison to commercial vehicles.

The market for metallic shied is expected to grow due to their superior strength and the ability to withstand a wide range of temperature in automotive engines and exhaust systems. Also, the availability of metal shielding enclosures in a wide range of dimensions for various electronic systems, which are increasing at a rapid pace in automobiles, is another major factor for the rapid growth of this segment.

The growth and success of BEVs are dependent on innovations in the battery technology. Thus, many automotive players are taking initiatives to develop the battery technology. For instance, in November 2017, Tesla announced its plans to produce a total of 35 GWh battery capacity, annually, at its Gigafactory in Nevada, US. Hence, developments and innovations in the field of battery technology are expected to boost the market for automotive shielding in BEVs.

Asia Pacific is estimated to be the fastest growing market for automotive shielding. The market growth in the region can be attributed to the increased vehicle production, growing automotive safety concerns, and the high demand for luxury vehicles in Japan, India, China, and South Korea. Also, the production expansions made by automobile manufacturers to meet the rising consumer demand globally, increasing use of advanced electronics, and growing demand for fuel-efficient vehicles are likely to boost the automotive shielding market in the region.

Automotive Shielding Market

The key factor restraining the growth of the automotive shielding market is the development of technologically advanced products to minimize EMI. Also, board-level shielding is used to ensure the safety and smooth functioning of a component, thus reducing the use of extra shielding at OEM level. Additional cost and weight of automotive shielding pose a challenge for the growth of the automotive shielding market.

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.

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Collaborations / Joint ventures / Supply Contracts / Partnerships / Agreements, 2015


COMPANY DATE DESCRIPTION
Elringklinger July 2015

The ElringKlinger Group has secured a major contract for the supply of lightweight shielding systems to a volume car maker from Japan. The overall volume of the order stands at around USD 10 million per annum. Series supply is to commence in 2017. ElringKlinger would supply lightweight shielding components for exhaust manifolds fitted to a next-generation engine to be launched by the Japanese car maker.

Mergers & Acquisitions, 2016


COMPANY DATE DESCRIPTION
Elringklinger June 2016

ElringKlinger AG has taken over the business operations of the insolvent tool- and die-making company Maier Formenbau GmbH, based in Bissingen/Teck, Germany. In this context, ElringKlinger acquired, effective from June 1, 2016, all assets of Maier Formenbau GmbH required for the continuation of business operations (asset deal). This strategic acquisition strengthens the expertise and capacity levels of ElringKlinger Group in tool- and die-making.

Dana February 2016 Dana has completed the acquisition of Magnum Gaskets, a US-based supplier of aftermarket gaskets and sealing products for automotive and commercial-vehicle applications. Magnum Gaskets would enhance Dana’s sealing product offerings and complement the company’s Victor Reinz and Glaser global sealing brands.

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