Automotive Shielding Market Size, Share, Growth Analysis, By Heat application(Engine compartment, Exhaust system, Turbocharger, Under chassis), By EMI Application(Adaptive cruise control (ACC), Electric motor, Engine control module (ECM), Forward collision warning (FCW)), By Material(Metallic, non-metallic), By Shielding(EMI shielding, Heat shielding), By Vehicle type(Passenger car, Light commercial vehicle, Heavy commercial vehicle), By Region - Industry Forecast 2024-2031

Automotive Shielding Market Drivers

The increased adoption of technologically advanced electronic systems is expected to drive automotive shielding market growth.

• The automotive industry has seen significant advancements in the designs, performance, and functionality of automobiles in recent years. Customers' shifting preferences for technologically advanced systems, as well as the growing popularity of fuel-efficient, high-performance, and light-weight automobiles, have fuelled the adoption of electronic systems and components in vehicles. With technological improvement, the number of electronic components in an automobile has expanded, driving the global automotive shielding market. The electronic components and installed systems in a car govern numerous electrical and mechanical operations, and so play an important part in automotive technology. The growing number of electronic components and technologically advanced systems in vehicles creates a high demand for comfort and safety features, pushing the need for complicated electronic circuitry.

Automotive Shielding Market Restraint

• High maintenance costs shields used to protect electronic systems and components in automobiles are known as may hamper automotive shielding market growth shields. Electrical wirings, cables, sensors, ECUs, and other electronic components are insulated with EMI shields, which lose their efficiency over time due to internal electric sparks, continual electromagnetic radiations, dampness, or rusting. As a result of the shields' wear and tear, system problems and failures may occur. As a result, periodic replacement of these shields is required to ensure the vehicles' efficient and safe operation. The incorporation of shielding components raises the vehicle's overall cost. Furthermore, the cost of replacing and maintaining the shields is significant for vehicle owners.