The Automotive EMI Shielding Market is being driven by Robust demand for electric vehicles
The Automotive EMI Shielding Market is expected to grow at a CAGR of 7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1027.4 million. The automotive sector is experiencing a notable trend towards the widespread adoption of Advanced Driver-Assistance Systems (ADAS) technologies, which are significantly increasing the demand for robust Electromagnetic Interference (EMI) shielding solutions. ADAS technologies, characterized by features such as adaptive cruise control, lane-keeping assistance, and automated parking, heavily rely on intricate electronic systems and sensors to ensure vehicle safety and optimize performance. As these advanced technologies gain traction, the necessity to safeguard them from EMI is becoming increasingly imperative. Notable investments by key automotive industry players underscore this growing emphasis on ADAS technologies. For instance, in March 2024, Stellantis Ventures, the corporate investment arm of Stellantis N.V., announced an investment in SteerLight, a pioneering developer of high-performance LiDAR (Light Detection and Ranging) sensing technology. This strategic investment underscores the industry's commitment to advancing safety and performance through the integration of sophisticated electronic systems and the need for effective EMI shielding solutions.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
202 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
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Market growth 2025-2029 |
USD 1027.4 million |
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Market structure |
market_structure.ucfirst |
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YoY growth 2024-2025(%) |
5.6 |
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Key countries |
US, China, India, Japan, South Korea, Germany, Singapore, Canada, UK, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Automotive EMI Shielding Market is experiencing significant growth due to the increasing adoption of electric vehicles and advanced driver-assistance systems. This technology plays a crucial role in air quality improvement, thermal management, and climate change mitigation. Fibers used in EMI shielding contribute to transportation technology advancements, including satellite navigation, connected car technology, and sensor fusion. Emission standards, system reliability, and electromagnetic spectrum management are key considerations. Underbody protection, smart mobility, and electromagnetic interference mitigation enhance vehicle safety and electromagnetic compatibility. Autonomous driving, vehicle performance, and vehicle design trends drive research in this area. Weight reduction, heat generation, electric vehicle charging, and vehicle connectivity are also factors. The future of mobility relies on component protection, sustainable transportation, and innovation in automotive engineering and manufacturing.
The Automotive EMI Shielding Market is a significant segment of the global semiconductor industry, with key players focusing on producing electromagnetic interference (EMI) shields for self-driving vehicles and electric vehicles (EVs). These shields mitigate electromagnetic noise from sensors, GPS, combustion engines, and other components, ensuring reliable connectivity and IoT functionality. Increasing investment in the construction and expansion of semiconductor fabrication plants (fabs) is driving market growth, with semiconductor ICs from both fab and fabless companies, as well as integrated device manufacturers (IDMs), being shipped to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) for integration into vehicles. Key factors contributing to the expansion of the global semiconductor market include the growing demand for advanced driver-assistance systems (ADAS), the increasing prevalence of cross-connecting technologies, and the rise of electric and autonomous vehicles.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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