"Market Intelligence for High-Geared Performance"
The automotive heat shield is used to counter heat that is produced from the internal combustion engine. The automotive heat shield is generally used to cover the engine body, and to protect the body and component from the heat damage. By reducing the intake temperature, the heat shield reduces beneath bonnet temperatures. The automotive heat shield comes in variety, can be easily used on any automotive components. They are insulting wraps used for the prevention of the engine components from the radiation. The heat is deflected away from the affected areas by the use of heat shields. The advancement in material science has led to the discovery of the new composites better in qualities than the conventional composites, made-up by a combination of a variety of the material.
Key Market Driver -
Rise in production of automotive and aircraft production, and rising safety concerns in the end industries are the major factors driving the automotive heat shield market.
Key Market Restraint -
The increase in the price of raw material in the market is going to be the restraint for this automotive heat shield market
There has been remarkable growth in the automotive heat shield market. Increase in the number of sales of automotive across the globe; there is immense scope for the development of the heat shield market globally. Another type of heat shield is foam insulation, it being readily available, and the end product being more affordable can be used in the automotive market. Customization with advanced technologies of a heat shield has been able to deliver innovative and new heat shield components for electric and hybrid vehicles.
The major players of the global automotive heat shield market are Elkringklinger AG (Germany), Federal-Mogul LLC (U.S), Lydall, Inc. (U.S), UGN. Inc. (U.S), Heatshield Products, Inc. (U.S), HAPPICH GmbH(Germany), Autoneum (Switerzland), Dana Limited (U.S), Morgan Advanced Materials (U.K), are among others.
Globally, the heat shield market has been segmented as by type, by vehicle type, by material type, and by region. By type, further, the market has been segmented into header & exhaust type, spark-plug boot heat shields, thermal & heat shield sleeving, exhaust heat shield insulation, and turbo heat shields. The header & exhaust heat shield segment holds the largest market share, while the exhaust heat shield insulation segment is estimated to dominate the market over the forecast period, owing to its property to achieve 77% of heat insulation with optimal thickness of insulation. Thermal & heat shield sleeving is used for a critical wiring harness. Spark plug boot heat shields offer ideal heat protection for spark plug wires and boots. By vehicle type, the market has been segmented into a passenger car, light commercial vehicle, and high commercial vehicle. The passenger vehicle segment is estimated to dominate the market over the forecast period. By the increase in production and demand from developing countries is expected to propel the passenger vehicle segment in this market. By material type, the market has been segmented into metallic and non-metallic. The non-metallic material segment is expected to dominate the market during the forecast period due to higher temperature resistance and lighter in weight. The metallic material segment consists of aluminum, copper, and others.
To gain extensive insights into the market, Request for Customization
By region, the market has been segmented into North America, Europe, Asia Pacific, and the rest of the world. The Asia Pacific is anticipated to dominate the market during the forecast period amid the significant market stake in terms of value and volume owing to development in infrastructure, increase in the sales of vehicles, and government regulations for the safety devices in the cars. North America is the largest end-user for the heat shield market. Advancement in heat shield with technologies in ceramic materials for heat shield components will propel the growth of this region over the forecast period. Europe is also expected to show growth in the heat shield market due to the rising demand for luxury and high-end cars with fuel-efficient capacity and standard emission norms from this region.
By Vehicle Type
By Material Type
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry