Global Automotive Engine Heat Shield Market, By Product Type (Single Shell, Double Shell, Sandwich), Types (Diesel Engine, Gasoline Engine), Material (Metallic, Non- Metallic), Function (Acoustic, Non- Acoustic), Application (Exhaust System Heat Shield, Under Bonnet Heat Shield, Engine Compartment Heat Shield, Under Chassis Heat Shield), Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Automotive Engine Heat Shield Market
The automotive engine heat shield market is expected to witness market growth at a rate of 2.81% in the forecast period of 2022 to 2029. Data Bridge Market Research report on automotive engine heat shield market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the automotive sector globally is escalating the growth of automotive engine heat shield market.
An automotive heat shield is defined as a specially designed sheet that is utilized for protecting various automotive components from excessive heat generated from the exhaust systems and engine. It has a crucial role in increasing the power output of an engine by maintaining optimal thermal comfort inside the vehicle and controlling the under-bonnet temperature.
The rise in demand for electric vehicles across the globe acts as one of the major factors driving the growth of automotive engine heat shield market. The increase in the use of the shield in the production of lightweight and fuel-efficient passenger cars, commercial vehicles and electric vehicles, and growth in advanced technologies accelerate the market growth. The wide-ranging use of single shell heat shield in numerous vehicles to protect the vehicle against relatively low-temperature heat sources further influence the market. Additionally, rapid urbanization, change in lifestyle, surge in disposable income, increase in the sales of electric vehicles and government standards pertaining to components and structures positively affect the automotive engine heat shield market. Furthermore, high focus on light-weighting and fuel efficiency standards extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, restriction on ICE vehicles by major countries and high cost associated with the vehicle are expected to obstruct the market growth. Issues with increased vehicle weight are projected to challenge the automotive engine heat shield market in the forecast period of 2022-2029.
This automotive engine heat shield market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive engine heat shield market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Engine Heat Shield Market Scope and Market Size
The automotive engine heat shield market is segmented on the basis of product type, types, material, function, application and vehicle type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the automotive engine heat shield market is segmented into single shell, double shell and sandwich.
- On the basis of types, the automotive engine heat shield market is segmented into diesel engine and gasoline engine.
- On the basis of material, the automotive engine heat shield market is segmented into metallic and non- metallic.
- On the basis of function, the automotive engine heat shield market is segmented into acoustic and non- acoustic.
- On the basis of application, the automotive engine heat shield market is segmented into exhaust system heat shield, under bonnet heat shield, engine compartment heat shield and under chassis heat shield. Exhaust system heat shield is further segmented into exhaust pipes, exhaust manifold and catalytic convertor. Turbocharger heat shield segment is further segmented into intake manifold and air intake. Under bonnet heat shield is further segmented into electronic box/ECU, battery and firewall. Under chassis heat shield is divided into transmission lines/cables, transmission tunnel and gearbox.
- On the basis of vehicle type, the automotive engine heat shield market is segmented into passenger vehicle, light commercial vehicle, heavy commercial vehicle.
Automotive Engine Heat Shield Market Country Level Analysis
The automotive engine heat shield market is analyzed and market size, volume information is provided by country, product type, types, material, function, application and vehicle type as referenced above.
The countries covered in the global automotive engine heat shield market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is expected to dominate the automotive engine heat shield market due to the rapid growth of the e-commerce sector within the region. North America is expected to witness high growth during the forecast period of 2022 to 2029 because of the rise in the demand for lightweight and fuel-efficient vehicles in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Engine Heat Shield Market Share Analysis
The automotive engine heat shield market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive engine heat shield market.
Some of the major players operating in the automotive engine heat shield market report are Dana Limited, Morgan Advanced Materials, ElringKlinger AG, Lydall, Inc., HAPPICH GmbH, CARCOUSTICS, HKO Group, Shiloh Industries, NICHIAS Corporation, Cummins Inc, Hyundai Motor Company, MITSUBISHI HEAVY INDUSTRIES, LTD., MAHLE GmbH, Scania, Talbros, Borgers SE & Co. KGaA, Röchling, Zircotec, Soundwich, and DuPont, among others.
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