“The automotive heat shield market is witnessing exponential growth in the Asia-Pacific 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 Asia-Pacific 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, non-metallic), by off-highway vehicle type (loader, excavator), and by region (Europe, North America, Asia-Pacific, 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 Federal-Mogul Corporation (U.S.). The key strategies adopted by these market players include new product launches, agreements/joint ventures, and mergers & acquisitions.
๏ง Available Customization
โข Automotive Heat Shield Aftermarket, By Region
o North America
โข Automotive Heat Shield Market, by Market Type
Reasons to Buy the Report:
From an insight perspective, this research report focuses on various levels of analysisโindustry analysis (pricing trends and PEST analysis), market share analysis of top players, value chain analysis, and company profilesโwhich comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the automotive heat shield market, and high-growth 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 below-mentioned 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:
โข Market Penetration: Comprehensive information on automotive heat shields offered by the top 10 players in the automotive heat shield market
โข Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and new product launches in the automotive heat shield market
โข Market Development: Comprehensive information about types of automotive heat shields. The report analyzes the markets for various automotive heat shields across regions
โข Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the automotive heat shield market
โข Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the automotive heat shield market