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Automotive Heat Shield Market Report 2023 - Market Research, Trends, Analysis And Forecast To 2032 | Autoneum, Carcoustics, Dana Incorporated, Elringklinger, Lydall
Automotive Heat Shield Market
Automotive Heat Shield Market Size, Growth Rate, And Forecast
The global automotive heat shield market size grew from $13.36 billion in 2022 to $14.49 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive heat shield market size is expected to grow to $19.34 billion in 2027 at a CAGR of 7.5%.
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Automotive Heat Shield Market Drivers
The growing focus on heat shields made of lightweight material is contributing to the growth of the automotive heat shield market. This type of heat shield decreases the weight of the car and also improves its efficiency. A lightweight heat shield provides thermal protection and increases the overall performance of the car as compared to heavy material.
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Automotive Heat Shield Market Segments
1. By Material Type: Metallic, Non-metallic.
2. By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle.
3. By Product Type: Single Shell, Double Shell, Sandwich.
4. By Application: Exhaust System Heat Shield, Turbocharger Heat Shield, Under Bonnet Heat Shield, Engine Compartment Heat Shield, Under Chassis.
5. By Sales Channel: OEM, Aftermarket.
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Heat Shield market.
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Automotive Heat Shield Market Key Players
Major competitors in the automotive heat shield market include Autoneum, Carcoustics, Dana Incorporated, Elringklinger, Lydall, Morgan Advanced Materials, Tenneco, UGN.
The Business Research Company's "Global Automotive Heat Shield Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Automotive Heat Shield Market Include:
1. Executive Summary
2. Automotive Heat Shield Market Characteristics
3. Automotive Heat Shield Market Trends And Strategies
4. Automotive Heat Shield Market - Macro Economic Scenario
5. Automotive Heat Shield Market Size And Growth
……
26. Africa Automotive Heat Shield Market
27. Automotive Heat Shield Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Heat Shield Market
29. Automotive Heat Shield Market Future Outlook and Potential Analysis
30. Appendix
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