Automotive Heat Shield Market to Hit 15.1 Billion USD by 2020

The report Automotive Heat Shield Market by Vehicle Type, by Application (Exhaust System, Under Bonnet, Turbocharger, Engine Compartment, Under Chassis), by Material (Metallic & Non-Metallic), by Off Highway Vehicle (Loader & Excavator) and by Region - Global Trends & Forecasts to 2020”,classifies and defines the automotive heat shield market, in terms of value and volume. The report highlights potential growth opportunities in the coming years, and offers a review of the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other fundamental aspects of the automotive heat shield market. It identifies the key market trends for new technologies and the adoption scenario of the same from 2015 to 2020. It also focuses on major market players and their strategies, along with recent developments.

Browse 119 market data tables and 63 figures spread through 207 pages and in-depth TOC on “Automotive Heat Shield Market”

Early buyers will receive 10% customization on this report.

The global automotive heat shield market, by value, is projected to grow at a CAGR of 7.8 % from 2015 to 2020 to reach USD 15.1 Billion by 2020.

Asia-Pacific: High-volume market

The Asia-Pacific region comprises countries such as China, India, Japan, and South Korea. China is estimated to dominate the market, followed by Japan and India, in 2015. The Chinese automotive heat shield market, in terms of volume, is projected to grow at the highest CAGR from 2015 to 2020, followed by India and Japan. The growing production volume of passenger cars and the increasing demand for luxury vehicles drive the demand for automotive heat shields in the Asia-Pacific region. The Asia-Pacific automotive heat shield market, by value, is projected to grow at a CAGR of 8.4% during the forecast period.

Download Free PDF Brochure@

Turbocharger Heat Shield: High growth potential

The turbocharger heat shield market, by value, is expected to grow at the highest CAGR of 10.1% from 2015 to 2020. This is attributed to the increasing demand for fuel-efficient vehicles and the growing trend of engine downsizing, which are expected to propel the demand for turbocharger heat shields in coming years.

Europe accounted for the largest market share, by value, in 2014, and is projected to lead the market till 2020. This is credited to the high installation rate of turbochargers in passenger cars, precipitated by the growing trend of engine downsizing, in the European region. Alternatively, the North American turbocharger heat shield market is projected to grow at the highest rate from 2015 to 2020, owing to the engine downsizing trend and the increasing demand for fuel-efficient vehicles in the region.

This report covers the technical aspects of heat shields and their adoption by different OEMs across the globe. It includes a PEST analysis, value chain analysis, Porter’s Five Forces analysis, competitive landscape, product life cycle, pricing trends of automotive heat shields, and company profiles of 10 key players in the automotive heat shield market.

Key players operating in the automotive heat shield market include Morgan Advanced Materials (U.K.), Autoneum Holding AG (Switzerland), ElringKlinger AG (Germany), Lydall Inc. (U.S.), and Federal-Mogul Corporation (U.S.).

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets 
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India