Global Automotive Shielding Market Outlook
Revenue, 2024
$25.5B
Forecast, 2034
$40.3B
CAGR, 2024 - 2034
4.7%
The Automotive Shielding industry revenue is expected to be around $26.7 billion in 2025 and expected to showcase growth with 4.7% CAGR between 2025 and 2034. The significant growth trend can mostly be credited to the rising desire for vehicles and the growing importance of safety and protection in the car industry. Automotive Shield plays a role in averting magnetic or electric disturbances and ensuring the proper functioning of various electronic parts, in today's advanced vehicles. It is an element of car production. Given the increasing popularity of hybrid vehicles and the importance of managing heat effectively in such vehicles to meet global emission and safety regulations
Automotive shielding acts as a barrier to safeguard vehicles from heat and noise well as electromagnetic interferences that may affect the performance and durability of car parts unfavorably. Various uses include protecting engine compartments and exhaust systems along with components and other crucial elements under the hood. The increased production of hybrid vehicles in recent times along with the implementation of advanced driver assistance systems (ADAS) and the rising popularity of connected and self driving cars have led to a surge in demand, for these shielding solutions.
Market Key Insights
- The Automotive Shielding market is projected to grow from $25.5 billion in 2024 to $40.3 billion in 2034. This represents a CAGR of 4.7%, reflecting rising demand across Heat Shielding in Engine Compartments, EMI Shielding in Electronic Components and Thermal Shielding in Exhaust Systems.
- The market leaders in this industry include Tenneco Inc., 3M and ElringKlinger AG which determine its competitive dynamics.
- U.S. and China are the top markets within the Automotive Shielding market and are expected to observe the growth CAGR of 3.3% to 4.3% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 5.2% to 6.6%.
- The market for Automotive Shielding will experience a $2.1 billion expansion through 2030 because of the transition to electric vehicles.
- The Automotive Shielding market is set to add $14.9 billion between 2024 and 2034, with manufacturer targeting Exhaust Systems & Under Bonnet Application projected to gain a larger market share.
- With Rapid evolution of electric vehicles, and Surge in electronic in vehicles, Automotive Shielding market to expand 58% between 2024 and 2034.
Opportunities in the Automotive Shielding
Collaborating closely with shielding manufacturers and tech companies can give car manufacturers an advantage, in the market competition by creating innovative solutions that meet the changing demands of customers and boosting growth in the automotive shielding industry.
Growth Opportunities in North America and Europe
North America Outlook
North America stands out as a leading hub in the sector with significant growth prospects in the Automotive Shield market due to stricter vehicle safety standards and advancements in design features alongside a growing emphasis placed upon emission control measures. Dominant entities involved in Automotive Shield efforts are deeply entrenched in competition that is driving heightened levels of research and development activities and fostering innovation particularly in technologies, like EMI shielding and Heat Shield implementation. The United States maintains a position as a leading nation with a significant market share due to the prosperous luxury car industry and the growing need, for top notch automotive parts.
Europe Outlook
In Europe well as other regions around the world keen interest in Automotive Shieldings is on the rise due to strict regulations concerning vehicle safety and emissions control have been observed which has led to a noticeable increase in demand for innovative solutions like Thermal Shieldings and acoustic shieldings in the competitive European market particularly in Germany known for its robust automobile industry focusing on luxury cars that play a vital role in driving the need for high quality Automotive Shieldings solutions there with the increasing trend, towards electric vehicles being another key driver of market growth.
Market Dynamics and Supply Chain
01
Driver: Rapid Evolution of Electric Vehicles
The swift growth and widespread use of vehicles globally have also led to a significant rise in the automotive shielding sectors importance. With EV technology operating on electrical power levels the demand for effective automotive shielding has also increased to safeguard vehicle components from potentially disruptive electromagnetic interference . Ensuring EMI shielding in EV operations has also become crucial due to the risk of causing critical operational issues. Manufacturers are also placing emphasis on top notch and long lasting automotive shielding solutions in response to this emerging industry trend. This development is also playing a role, in driving the expansion of the automotive shielding market.
The progress in technology has also resulted in a rise in electronic components in contemporary cars. With intricate entertainment systems and advanced driver assistance systems becoming more common vehicles are also now equipped with a growing number of modules. Consequently there is also an increasing need for shielding to protect these electronic components from electromagnetic interference and heat. This growing reliance on electronics highlights the vital role of shielding in maintaining the efficient operation and durability of these systems making it a significant factor, in the automotive shielding market.
The progress in technology has also resulted in a rise in electronic components in contemporary cars. With intricate entertainment systems and advanced driver assistance systems becoming more common vehicles are also now equipped with a growing number of modules. Consequently there is also an increasing need for shielding to protect these electronic components from electromagnetic interference and heat. This growing reliance on electronics highlights the vital role of shielding in maintaining the efficient operation and durability of these systems making it a significant factor, in the automotive shielding market.
02
Restraint: High Costs of Advanced Shielding Solutions
In the sectors realm lies an obstacle to the expansion of Automotive Shielding. Its hefty price tag is the main deterrent for growth prospects in this domain. The superior functionality and prolonged lifespan offered by cutting edge shielding options come with a cost that might dissuade prospective buyers in markets where budget considerations hold great significance. Especially in scenarios involving mass production scales where expenses can quickly spiral upward and disrupt market forces while impacting the demand, for Automotive Shielding products.
03
Opportunity: Expanding Electric Vehicle Market and Advancements in Automotive Shielding Technology
The growing popularity of cars has led to a rise in the need for automotive shielding to protect against electromagnetic interference . Electric vehicles are particularly vulnerable to EMI disruptions that can affect parts performance and safety; hence automotive shielding plays a vital role in maintaining the smooth operation of vehicles. Emerging as a market segment for automotive shielding technology are countries at the forefront of the electric vehicle movement, like China, the US and Norway.
The automotive protection sector stands to benefit from advancements in technology. Innovations like using materials and different design strategies such as multi layer shielding and composites provide improved protection against EMI, better resistance to heat and reduced weight. These progressions alongside the incorporation of electronic systems in contemporary vehicles create ample opportunities, for the implementation of cutting edge automotive protection solutions.
The automotive protection sector stands to benefit from advancements in technology. Innovations like using materials and different design strategies such as multi layer shielding and composites provide improved protection against EMI, better resistance to heat and reduced weight. These progressions alongside the incorporation of electronic systems in contemporary vehicles create ample opportunities, for the implementation of cutting edge automotive protection solutions.
04
Challenge: Slow Adoption of Electric Vehicles
The gradual acceptance of electric vehicles worldwide is a significant factor to consider. Ensuring shielding is crucial in electric vehicles because of the higher potential for electromagnetic interference. However the uptake of vehicles has been hindered by factors like concerns about range limitations insufficient charging infrastructure and the higher costs of EVs compared to traditional vehicles. These challenges have contributed to slowing down the adoption of vehicles and have had an impact on the market demand, for automotive shielding.
Supply Chain Landscape
1
Raw Material Supply
BHP Group
Rio Tinto
2
Material Processing & Production
ArcelorMittal
Nippon Steel
3
Manufacturing
ElringKlinger
Dana Incorporated
4
Distribution
OEMs
Service Centers
1
Raw Material Supply
BHP Group
Rio Tinto
2
Material Processing & Production
ArcelorMittal
Nippon Steel
3
Manufacturing
ElringKlinger
Dana Incorporated
4
Distribution
OEMs
Service Centers
*The illustration highlights the key stakeholders within the supply chain ecosystem.
Applications of Automotive Shielding in Heat in Engine Compartments, EMI in Electronic Components & Thermal in Exhaust Systems
Heat Shielding in Engine Compartments
In the industry shielding heat in car engine compartments is a crucial aspect of automotive protection. Primarily utilized to minimize heat dissipation and radiation in the cars engine it boosts the performance and longevity of vehicles. This of heat shielding commonly uses materials such as steel and aluminum due to their excellent ability to withstand high temperatures. Top companies, like Tenneco Inc. And ElringKlinger AG stand out as players known for their creative and top notch heat shielding products tailored for intricate engine setups.
EMI Shielding in Electronic Components
The demand for EMI shielding in electronic devices has risen with the growing integration of electronic parts in cars to safeguard them from electromagnetic interference and enhance vehicle safety and performance effectively using materials like conductive coatings and metals such as laminates and foils provided by renowned industry leaders, like Schaffner Holding AG and Kitagawa Industries Co., Ltd. known for their advanced EMI shielding solutions.
Thermal Shielding in Exhaust Systems
The incorporation of shielding in exhaust systems to manage thermal conditions is crucially important as it helps reduce heat emissions and enhance fuel efficiency effectively in the process of operation and performance improvement of vehicles The utilization of materials such as stainless steel and fiberglass is common practice for thermal protection within exhaust systems due to their exceptional resistance to high temperatures Recognized leaders in the industry are Autoneum Holding AG and Dana Incorporated renowned for their innovative thermal shielding products that have made a substantial impact, in the market.
Recent Developments
December 2024
Tenneco Inc introduced a set of innovative Automotive Shield solutions aimed at minimizing noise and vibrations in electric vehicles, for a more comfortable driving experience.
October 2024
Dana Inc collaborated with the known automotive manufacturer Aisin Seiki to incorporate their Automotive Shield technology into the latest series of hybrid vehicles, with the goal of minimizing electromagnetic interference.
August 2024
Lair Performance Materials introduced its Automotive Shieldings with improved thermal control and increased fuel efficiency, for combustion engines.
Recent trends in the market show a growing need for Automotive Shieldings because of the increased use of parts in vehicles as technology advances in the automotive industry has led to higher exposure to electromagnetic interferences . Automotive Shieldings offer a solution to minimize these interferences and play a significant role, in propelling market growth.
Impact of Industry Transitions on the Automotive Shielding Market
As a core segment of the Automotive & Mobility industry,
the Automotive Shielding market develops in line with broader industry shifts.
Over recent years, transitions such as Transition Towards Electric Vehicles and Integration of Advanced Electronics in Vehicles have redefined priorities
across the Automotive & Mobility sector,
influencing how the Automotive Shielding market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Transition Towards Electric Vehicles
The automotive shield market is experiencing growth as more people shift towards electric cars . The rising popularity of EVs as a choice over traditional gas powered vehicles has pushed companies in the industry to focus on creating and using automotive shielding technology to safeguard the complex electronic systems, in EVs from electromagnetic interference and heat issues linked to high voltage batteries and rapid charging setups. The shift to vehicles has completely transformed the automotive shielding industry by opening up new possibilities, for cutting edge shielding solutions and expanding its uses to create fresh opportunities. This industry transition is expected to add $2.1 billion in the industry revenue between 2024 and 2030.
02
Integration of Advanced Electronics in Vehicles
The integration of cutting edge electronics into cars marks a shift in the automotive shielding sectors landscape. With car manufacturers globally pushing for the incorporation of functionalities such as self driving capabilities and entertainment systems like telematics and infotainment systems the demand for automotive shielding has seen a sharp increase. The widespread adoption of these technologies has heightened the susceptibility to electromagnetic interference underscoring the crucial role of automotive shielding, in vehicle development.