Title: Global Automotive Collision Repair Market
1Automotive Shielding Market accounted for US
6.89Bn in 2017 is expected to reach US 13.47Bn
by 2026 at a CAGR of 8.74. In automotive
shielding is a part of an object designed to
protect the object from overheating by
dissipating, reflecting or simply absorbing the
heat. The driving factor for the Automotive
Shielding Market is the increase in usage of the
vehicle, raising awareness for environmental
safety and fuel efficiency, increasing demand for
electric vehicles and rise in demand luxury and
commercial vehicles are the factors. The changing
technology and competitors in a market will be
the restrains for Automotive Shielding Market.
Automotive Shielding Market The Automotive
Shielding Market is segmented into the vehicle,
shielding, Heat Application, EMI Application,
Material, and geography. In terms of Vehicle,
Passenger car segment will be in High demand due
to the personal mobility, increasing per capita
income, and improved lifestyle is driving the
sales of passenger cars. In Material, a Metallic
shield will grow fastest due to its superior
strength and the ability to withstand a wide
range of temperature in automotive engines and
exhaust systems and gives a wide range of
dimensions for various electronic
systems. Among region, Asia Pacific is expected
to grow at the highest CAGR during the forecast
period. China accounting for the largest market
share in 2018. The market growth in the region
can be attributed to increased vehicle
production, high demand for luxury vehicles,
growing safety concerns, and an increasing
demand for commercial vehicles. 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.
2- Automotive Shielding Market share is
consolidated, as the key multinational players
occupy the major industry share. Federal-Mogul,
Laird PLC, Morgan Advanced Materials,
Elringklinger Ag, Dana Incorporated, Schaffner,
Henkel, 3M, Chomerics, Kitagawa, Tech-Etch,
Marian Inc, RTP, Autoneum, Progress-Werk
Oberkirch Laird PLC and Morgan Advanced Materials
with brand portfolio expansion, mergers,
collaborations and acquisitions are the key
strategies adopted by the top players. For
instance, in 2018, FEV acquires 100 of shares
in BW FAHRZEUGENTWICKLUNG. - The scope of the Automotive Shielding Market
- By Vehicle
- Passenger Cars
- Commercial Vehicles
- Electric Vehicles By Shielding
- EMI Shielding
- Heat Shielding
- By Heat Application
- Engine Compartment
- Turbocharger
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