Automotive Shielding Market Analysis

Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles)

The global automotive shielding market is segmented and analyzed for demand and supply by vehicle type segment into passenger cars, light commercial vehicles, and heavy commercial vehicles. Amongst these segments, the passenger cars segment is anticipated to garner the largest revenue by the end of 2037, backed by the growing demand for cars worldwide by the burgeoning population and the rising demand for heat shields to protect the vehicle body against excessive heat. It was found that the auto industry in the United States sold more than 3 million cars in 2021. Also, the rising adoption of technologically advanced systems in passenger cars owing to the rising per capita income and spending capacity of individuals along with the demand for individualized transportation and comfort is expected to surge the sales of automotive shields for passenger cars thus expanding the segment size. In addition, the stringent government rules to adopt fuel-efficient vehicles coupled with the rise in emission norms are anticipated to drive the growth of this segment in the market.

Type {Electromagnetic Interference (EMI), Heat}

The global automotive shielding market is also segmented and analyzed for demand and supply by type into electromagnetic interference and heat. Out of these two, the heat shield segment is attributed to holding a significant share by the end of the forecast period. The major factor for segment growth is the high utilization of heat shields in various vehicle components such as engine compartments, exhaust systems, turbochargers, under chassis, and others. Moreover, heat shields are considered to be a preferred option owing to their capability of enhancing vehicle performance by reducing the temperature of the vehicle components and reducing fuel consumption. Also, the ability of heat shields in protecting the vehicle from overheating by absorbing, reflecting, and dispelling the heat, propels the vehicle manufacturer to adopt heat shields. All these factors add up to boost segment expansion in the next few years.

Our in-depth analysis of the global market includes the following segments: