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The automotive heat shield market is witnessing exponential growth in the AsiaPacific and North American regions, owing to the growing adoption of electronics in automobiles, the increasing demand for luxury vehicles, and technological advancements in heat shields. However, the growing need for heat shields in various automotive applications has increased the overall vehicle price of the vehicle, which acts as a major restraint for this market. The exhaust system heat shield segment is estimated to dominate the automotive heat shield market, in terms of value, in 2015.
The market in the AsiaPacific region is estimated to grow at the highest CAGR, by value, of 8.4% from 2015 to 2020. The rising demand for luxury vehicles, coupled with the increasing production volume of passenger cars, is supplementing the growth of the global automotive heat shield market.
This report segments the automotive heat shield market as follows: by application type exhaust system heat shield, engine compartment heat shield, turbocharger heat shield, under bonnet heat shield, under chassis heat shield, by vehicle type PC, LCV, HCV, by material type metallic, nonmetallic, by offhighway vehicle type loader, excavator, and by region Europe, North America, AsiaPacific, and RoW. The key players in the automotive heat shield market have also been identified and profiled.
The report classifies and defines the global automotive heat shield market size, in terms of volume and value. Market size, in terms of volume, is provided in thousand units from 2013 to 2020, while the market size, by value, is provided in terms of USD Million.
The automotive heat shield market is dominated by a few major players, such as Autoneum Holding AG Switzerland, ElringKlinger AG Germany, and FederalMogul Corporation U.S.. The key strategies adopted by these market players include new product launches, agreements/joint ventures, and mergers acquisitions.
Automotive Heat Shield Aftermarket, By Region
o North America
Automotive Heat Shield Market, by Market Type
Reasons to Buy the Report:
From an insight perspective, this research report focuses on various levels of analysisindustry analysis pricing trends and PEST analysis, market share analysis of top players, value chain analysis, and company profileswhich comprise and discuss basic views on the competitive landscape, emerging and highgrowth segments of the automotive heat shield market, and highgrowth regions and countries with their respective regulatory policies.
The report also provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the global automotive heat shield market. Firms purchasing the report could use any one or a combination of the belowmentioned five strategies market penetration, product development/innovation, market development, market diversification, and competitive assessment to strengthen their market presence.
The report provides insights about the following points:
Market Penetration: Comprehensive information on automotive heat shields offered by the top 10 players in the automotive heat shield market
Product Development/Innovation: Detailed insights into upcoming technologies, research development activities, and new product launches in the automotive heat shield market
Market Development: Comprehensive information about types of automotive heat shields. The report analyzes the markets for various automotive heat shields across regions
Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the automotive heat shield market
Competitive Assessment: Indepth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the automotive heat shield market
Original Article: Automotive Heat Shield Market by Vehicle Type, Application Exhaust System, Under Bonnet, Turbocharger, Engine Compartment, Under Chassis, Material Metallic NonMetallic, Off Highway Vehicle Loader Excavator, and by Region Global Trends Forecasts to 202NEXT ARTICLE
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