Automotive Heat Shield Market Trends, Top Key Players, Business Opportunities, Industry Share, Size Analysis by Forecast 2030

 According to Market Research Future (MRFR), The Global Automotive Heat Shield Market is expected to expand with a CAGR of 8.6% from 2018 to 2023 (forecast period). The report includes a COVID-19 analysis of the global automotive heat shield market. It offers a detailed overview of market segments, emerging trends, growth, market forecasts, and challenges for evaluating current market opportunities.

Market Highlights

The automotive heat shield is used to protect components from the heat coming from the excessive heat from the engine parts. Heat shield helps in enhancing the vehicle performance and prevent overheating in the vehicle. The heat shield is used to cool engine body vents, which release overheat during the engine running at high speed. Population growth is one the major driving factors for the growth of the automotive heat shield market, which enhance the market revenue and bring demand for the product. Continuous growing sales of automobiles around the world and safety concern regarding the heat will boost the growth of the market. Introduction of new vehicle type segment named electric vehicle will further drive the growth of the market. However, continuous fluctuation in the price of raw materials such as aluminum will hamper the growth of the automotive heat shield market.

Key Players

The prominent players in the automotive heat shield market include Federal-Mogul LLC (U.S.), Dana Limited (U.S.), Autoneum (Switzerland), ElringKlinger AG (Germany), Lydall, Inc. (U.S.), UGN, Inc. (U.S.), and HAPPICH GmbH (Germany). Progress-Werk Oberkirch AG (Germany), Morgan Advanced Materials (U.K), Heatshield Products, Inc. (U.S.) are among others.

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Market Dynamics

Increased sales of automobiles, growth in advanced technologies, and safety concerns regarding vehicle heat are expected to drive growth in terms of value and volume. Government standards for the component structure will accelerate the growth of the heat shield for automotive. Modern or next-generation vehicles are more sophisticated and lightweight due to the use of advanced technologies. Substantial investment in research and development for improved materials is expected to create opportunities for new players in the market. In addition, advanced materials at low cost for heat shield will fuel the industry's further growth and create possibilities to generate revenue for the industry. 

Nevertheless, constant fluctuations in the price of raw materials will slow down the growth of the industry. Competitive product pricing will impede the generation of revenue on the market and limit manufacturers to further innovation and new technology development.

Market Research Analysis

In terms of region, the global market for the automotive heat shield is segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to hold a significant market revenue share over the forecast period in terms of value followed by Europe and North America. Increase in population in countries such as China and India, and growing demand for advanced vehicle will raise the demand for the automotive heat shield. Furthermore, increasing urbanization and economic growth will influence the GDP of the market significantly, driving the automobile component industry in the region. In Europe, new government regulations and awareness towards vehicle advanced safety technologies will create further opportunities for new entrants in the region. In North America, demand for next-generation vehicles and increasing trend for engine downsizing will enhance the growth of the market during the forecast period.

Market Segmentation and Region 

By Type

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


By Material

  • Metallic
  • Non-metallic


By Solution

  • Rigid
  • Flexible
  • Shell
  • Integrated


By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles


By Regions

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

Browse Complete Report @  https://www.marketresearchfuture.com/reports/automotive-heat-shield-market-6174

About Market Research Future -

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team has the supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with the technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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