Global Automotive Heat Shield Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global automotive heat shield market in its upcoming report titled, “Global Automotive Heat Shield Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global automotive heat shield market is estimated to register a CAGR of X.X% in terms of value during the forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global automotive heat shield market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global automotive heat shield market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive heat shield market report has been segmented on the basis of material type, vehicle type, product, and region.

Automotive heat shields are basically protecting heat wraps that help to avoid radiant heat damages to a car. Automotive heat shield reduces the amount of heat entering a vehicle's interior and protects body panels from engine exhaust heat. Heat shields can reflect over 90% of heat. Heat shields are also used to cool engine mount vents. Automotive heat shields are mainly manufactured by using aluminium as a key raw material. Heat shields are installed in air box, below the bonnets, and air-con cooling pipes. Also, to improve the efficiency of combustion heat shields are fitted to air intake inlets.

Growing demand for electric and hybrid vehicles is a key factor boosting the growth of the global automotive heat shield market. In addition, increasing adoption of compression ignition engines and turbochargers across spark ignition, coupled with advancement in technology of heat shields are major factors expected to fuel growth to the global automotive heat shield market over the forecast period.

However, high raw material cost is key factor expected to hamper growth of the global automotive heat shield market. Additionally, preference for cheaper alternatives by major automotive OEMs for entry level passenger cars is a major factor expected to hamper growth of the global automotive heat shield market over the forecast period.

In terms of revenue, Asia Pacific is expected to remain dominant among other markets in the global automotive heat shield market over the forecast period, owing to increasing disposable income, rising demand of luxury vehicles, and industrial development in countries such as China, India, and Japan. Also, market in North America is expected show significant growth over the forecast period, due to rising demand for automobiles in the region. Also, Europe is expected to be the fastest growing market for automotive heat shield, due to growing trend of engine downsizing and increasing vehicle production volume in the region.

Market Segmentation:

Global automotive heat shield market segmentation by material type:

• Metallic
• Non-Metallic

Global automotive heat shield market segmentation by vehicle type:

• Passenger car
• Light commercial vehicle
• Heavy commercial vehicle

Global automotive heat shield market segmentation by product:

• Exhaust and header wrap
• Thermal and heat shield sleeving
• Turbo heat shields
• Exhaust heat shield insulation
• Heat shield and thermal barriers
• Spark plug boot heat shields
• Others

Global automotive heat shield market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Federal-Mogul LLC
• Autoneum
• Dana Limited
• Lydall, Inc.
• UGN, Inc.
• Happich GmbH
• ElringKlinger AG
• Progress Werk Oberkirch AG
• Covpress Ltd.
• Morgan Advanced Materials