- Rigid Heat Shield
- Flexible Heat Shield
- Textile Heat Shield
- Vehicle Type
- Passenger Vehicle
- Light Commercial Vehicle
- Vehicle Position
- Engine
- Transmission
- Chassis
- Body
- Sumitomoriko
- DUPONT
- Autoneum
- Elringklinger
- Federal-Mogul
- DANA
- Lydall
- Morgan
- Zhuzhou Times
- Tuopu
-
North America
- U.S.A
- Canada
- Europe
- France
- Germany
- Spain
- UK
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South East Asia
- Latin America
- Brazil
- Middle East and Africa
- Market Forecast for 2024-2030
- Market growth drivers
- Challenges and Opportunities
- Emerging and Current market trends
- Market player Capacity, Production, Revenue (Value)
- Supply (Production), Consumption, Export, Import analysis
- End user/application Analysis
Automotive Heat Shield Analysis & Forecast 2024-2030
Automotive Heat Shield Market by Product (Rigid Heat Shield, Flexible Heat Shield, Textile Heat Shield ) by Application (Vehicle Type, Passenger Vehicle, Light Commercial Vehicle, Vehicle Position, Engine, Transmission, Chassis, Body ) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)
Global Automotive Heat Shield is expected to reach USD 20667.39 million by 2030 with CAGR of 6.8% between 2024 and 2030
Heat shields are designed to shield a component from absorbing excessive heat either by dissipating, reflecting or simply absorbing the heat. The installation of a heat shield is one of the most widely used heat management option due to its cost-effectiveness and ease to fit. Automotive heat shield can be fitted to air intake inlets to effectively reduce the intake temperature which improves the efficiency of the combustion enhancing the performance of the engine. Automotive heat shields are commonly fitted into air box, air-con cooling pipes, underneath of the bonnets, firewalls, fiber glass and aluminum air induction piping.
Aluminum is the widely used for heat shield because of its advanced features. Increasing safety concern regarding the heat, growing electric vehicles market, continuous growing sales of automobiles around the world, increasing demand for advanced and next-generation vehicles, new government regulations and awareness towards vehicle advanced safety technologies are major driving factors for growth of this market. However, continuous fluctuation in the price of raw materials such as aluminum and competitive product pricing will hamper the growth of the automotive heat shield market.
Europe is the largest automotive heat shields market followed by North America in 2023. Asia Pacific is projected to grow at the highest rate during the forecast period. New technological advancements in heat shields with new specifications, innovative concepts, and new applications are constantly evolving to support new needs in automotive heat shields is boosting this market during the forecast period globally. With increasing urbanization, industrialization and rising income, Asia Pacific is emerging as a largest market player for manufacturers as growing industrial base in Asia Pacific region has a positive influence on the growth of automotive heat shields market.
Automotive Heat Shield Market : Product Type
Automotive Heat Shield Market : Application
Global Automotive Heat Shield Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Automotive Heat Shield Market:
Geographical analysis of Automotive Heat Shield Market :
Global Automotive Heat Shield Report delivers a comprehensive analysis of the following parameters:
Report Coverage
| Parameters | Details |
|---|---|
Base Year |
2023 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2023) |
USD 13040.28 million |
Forecast Value (2030) |
USD 20667.39 million |
CAGR (2022 to 2028) |
6.8 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Frequently Asked Questions (FAQ)
Automotive Heat Shield was valued at around USD 13040.28 million in 2023 & estimated to reach USD 20667.39 million by 2030.
Automotive Heat Shield is likely to grow at compounded annual growth rate (CAGR) of 6.8% between 2024 to 2030.
Yes, the report includes COVID 19 impact on the market.
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