Automotive Heat Shield market Introduction and Overview
According to SPER Market Research, the Global Automotive Heat Shield Market is estimated to reach USD 18.49 billion by 2033 with a CAGR of 3.63%.
The report includes an in-depth analysis of the Global Automotive Heat Shield market, including market size and trends, product mix, distribution channels, and supplier analysis. An element intended to protect automobiles from extreme heat exposure is known as an automotive heat shield. Essentially, it is a thermal barrier that is placed strategically to reflect, absorb, or dissipate heat produced while the vehicle is in motion. It consists of heat shields under the bonnet, beneath the turbo, and under the chassis. A variety of materials, including premium aluminium, stainless steel, and ceramics, are used in their construction. In the engine compartment, exhaust system, under the hood, beneath the chassis, around the fuel tank, within the transmission tunnel, and on the firewall, they are extensively utilized. They shield important parts, increase fuel economy, boost security, lower noise levels, and extend the life of automobiles.
- Dana Incorporated has announced that it would provide Jaguar Land Rover with a new Thermal Acoustical Protection Shielding (TAPS) solution which includes six heat shields with an integrated exhaust manifold gasket to provide thermal and acoustical shielding.
- Autoneum built two new manufacturing facilities in China in September 2018 to produce lightweight components for acoustic and thermal management. Pinghu (Zhejiang Province) and Shenyang Tiexi (Liaoning Province) are the locations of these new facilities. Autoneum's Pinghu factory would produce Ultra-Silent underbody systems for European, US-American, and Chinese customers.
Market Opportunities and Challenges
Opportunities: Vehicle demand is expanding all across the world. The fast expansion of the global middle class, particularly in developing nations, has resulted in more disposable money and increased demand for automobiles. Furthermore, rising investment in infrastructure development efforts to provide access to rural areas has resulted in increased demand for personal and commercial automobiles, resulting in an increase in automobile production. This increases the need of heat shields in ensuring the longevity and dependability of these vehicles. These shields insulate important components from the damaging effects of high temperatures, boosting vehicle performance and durability.
Challenges: The Automotive Heat Shield Market faces numerous challenges as it works to fulfill the changing demands of the automotive sector. One key difficulty is the ongoing demand for lightweight materials in vehicle design to improve fuel efficiency and minimize emissions. This demand clashes with the typical use of heavy and dense materials in heat shields, prompting the development of innovative lightweight yet effective heat shielding technologies. Furthermore, the rising electrification of vehicles provides a distinct problem, as electric vehicles (EVs) frequently generate different heat patterns than typical internal combustion engine vehicles. This necessitates the adaptation and optimization of heat shields to the special thermal characteristics of electric drivetrains.
Market Competitive Landscape
The market for Global Automotive Heat Shield is highly competitive, and the leading companies have implemented a range of tactics to secure the largest market share. Autoneum, Carcoustics, Dana Incorporated, Elringklinger AG, Lydall Inc, Morgan Advanced Materials, Tenneco Inc, UGN Inc., Others.
COVID-19 Impact on Global Automotive Heat Shield Market
The spread of COVID-19 is projected to have a significant influence on the automobile heat shield business. The global manufacture and sales of new automobiles have ceased; the entire ecosystem has been disturbed. OEMs must halt production until lockdowns are lifted. Following the pandemic, there will be a huge drop in demand for new vehicles. As a result, they would have to modify the production volume. Component production has also been halted, and tiny Tier II and Tier III firms may suffer liquidity concerns. The automobile industry is highly capital-intensive and needs on periodic financing to stay in business. Thus, the suspension of manufacturing during the epidemic and the subsequent drop in demand will have an extraordinary impact on vehicle heat shield makers.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Application, By Material, By Function, By Product, By Vehicle, By Electric Vehicle
|
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
|
| Companies Covered | Autoneum, Carcoustics, Dana Incorporated, Elringklinger AG, Lydall Inc, Morgan Advanced Materials, Tenneco Inc, UGN Inc., Others
|
Key Target Audience
- Automobile Manufacturers
- Automotive Component Suppliers
- Automotive Aftermarket
- Research and Development Teams
Our in-depth analysis of the Automotive Heat Shield Market includes the following segments
|
By Application: |
Exhaust System Heat Shield
Turbocharger Heat Shield
Under Bonnet Heat Shield
Engine Compartment
Under Chassis Heat Shield
|
|
By Material: |
Metallic
Non-Metallic
|
|
By Function: |
Acoustic
Non-Acoustic
|
|
By Product: |
Single Shell
Double Shell
Sandwich
|
|
By Electric Vehicle: |
BEV
HEV
PHEV
FCEV
|
Key Topics Covered in the Report
- Global Automotive Heat Shield Market Size (FY’2023-FY’2033)
- Overview of Global Automotive Heat Shield Market
- Segmentation of Global Automotive Heat Shield Market By Application (Exhaust System Heat Shield, Turbocharger Heat Shield, Under Bonnet Heat Shield, Engine Compartment, Under Chassis Heat Shield)
- Segmentation of Global Automotive Heat Shield Market By Material (Metallic, Non-Metallic)
- Segmentation of Global Automotive Heat Shield Market By Function (Acoustic, Non-Acoustic)
- Segmentation of Global Automotive Heat Shield Market By Product (Single Shell, Double Shell, Sabdwich)
- Segmentation of Global Automotive Heat Shield Market By Vehicle (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle)
- Segmentation of Global Automotive Heat Shield Market By Electric Vehicle (BEV, HEV, PHEV, FCEV)
- Statistical Snap of Global Automotive Heat Shield Market
- Expansion Analysis of Global Automotive Heat Shield Market
- Problems and Obstacles in Global Automotive Heat Shield Market
- Competitive Landscape in the Global Automotive Heat Shield Market
- Impact of COVID-19 and Demonetization on Global Automotive Heat Shield Market
- Details on Current Investment in Global Automotive Heat Shield Market
- Competitive Analysis of Global Automotive Heat Shield Market
- Prominent Players in the Global Automotive Heat Shield Market
- SWOT Analysis of Global Automotive Heat Shield Market
- Global Automotive Heat Shield Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1 Introduction
1.1 Scope of the report
1.2 Market segment analysis
2 Research Methodology
2.1 Research data source
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3 Executive Summary
4 Market Dynamics
4.1 Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 COVID-19 Impacts of the Global Automotive Heat Shield Market
5 Market variable and outlook
5.1 SWOT Analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2 PESTEL Analysis
5.2.1 Political Landscape
5.2.2 Economic Landscape
5.2.3 Social Landscape
5.2.4 Technological Landscape
5.2.5 Environmental Landscape
5.2.6 Legal Landscape
5.3 PORTER’s Five Forces
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4 Heat Map Analysis
6 Competitive Landscape
6.1 Global Automotive Heat Shield Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Heat Shield Market
7 Global Automotive Heat Shield Market, By Application (USD Million)
7.1 Global Automotive Heat Shield Market Value Share and Forecast, By Application, 2023-2033
7.2 Exhaust System Heat Shield
7.3 Turbocharger Heat Shield
7.4 Under Bonnet Heat Shield
7.5 Engine Compartment
7.6 Under Chassis Heat Shield
8 Global Automotive Heat Shield Market, By Material (USD Million)
8.1 Global Automotive Heat Shield Market Value Share and Forecast, By Material, 2023-2033
8.2 Metallic
8.3 Non-Metallic
9 Global Automotive Heat Shield Market, By Function (USD Million)
9.1 Global Automotive Heat Shield Market Value Share and Forecast, By Function, 2023-2033
9.2 Acoustic
9.3 Non-Acoustic
10 Global Automotive Heat Shield Market, By Product (USD Million)
10.1 Global Automotive Heat Shield Market Value Share and Forecast, By Product, 2023-2033
10.2 Single Shell
10.3 Double Shell
10.4 Sandwich
11 Global Automotive Heat Shield Market, By Vehicle (USD Million)
11.1 Global Automotive Heat Shield Market Value Share and Forecast, By Vehicle, 2023-2033
11.2 Passenger Car
11.3 Light Commercial Vehicle
11.4 Heavy Commercial Vehicle
12 Global Automotive Heat Shield Market, By Electric Vehicle (USD Million)
12.1 Global Automotive Heat Shield Market Value Share and Forecast, By Function, 2023-2033
12.2 BEV
12.3 HEV
12.4 PHEV
12.5 FCEV
13 Global Automotive Heat Shield Market Forecast, 2019-2033 (USD Million)
13.1 Global Automotive Heat Shield Market Size and Market Share
14 Global Automotive Heat Shield Market, By Application, 2019-2033 (USD Million)
14.1 Global Automotive Heat Shield Market Size and Market Share By Application (2019-2026)
14.2 Global Automotive Heat Shield Market Size and Market Share By Application (2027-2033)
15 Global Automotive Heat Shield Market, By Material, 2019-2033 (USD Million)
15.1 Global Automotive Heat Shield Market Size and Market Share By Material (2019-2026)
15.2 Global Automotive Heat Shield Market Size and Market Share By Material (2027-2033)
16 Global Automotive Heat Shield Market, By Function, 2019-2033 (USD Million)
16.1 Global Automotive Heat Shield Market Size and Market Share By Function (2019-2026)
16.2 Global Automotive Heat Shield Market Size and Market Share By Function (2027-2033)
17 Global Automotive Heat Shield Market, By Product, 2019-2033 (USD Million)
17.1 Global Automotive Heat Shield Market Size and Market Share By Product (2019-2026)
17.2 Global Automotive Heat Shield Market Size and Market Share By Product (2027-2033)
18 Global Automotive Heat Shield Market, By Vehicle, 2019-2033 (USD Million)
18.1 Global Automotive Heat Shield Market Size and Market Share By Vehicle (2019-2026)
18.2 Global Automotive Heat Shield Market Size and Market Share By Vehicle (2027-2033)
19 Global Automotive Heat Shield Market, By Electric Vehicle, 2019-2033 (USD Million)
19.1 Global Automotive Heat Shield Market Size and Market Share By Electric Vehicle (2019-2026)
19.2 Global Automotive Heat Shield Market Size and Market Share By Electric Vehicle (2027-2033)
20 Global Automotive Heat Shield Market, By Region, 2019-2033 (USD Million)
20.1 Global Automotive Heat Shield Market Size and Market Share By Region (2019-2026)
20.2 Global Automotive Heat Shield Market Size and Market Share By Region (2027-2033)
20.3 Asia-Pacific
20.3.1 Australia
20.3.2 China
20.3.3 India
20.3.4 Japan
20.3.5 South Korea
20.3.6 Rest of Asia-Pacific
20.4 Europe
20.4.1 France
20.4.2 Germany
20.4.3 Italy
20.4.4 Spain
20.4.5 United Kingdom
20.4.6 Rest of Europe
20.5 Middle East and Africa
20.5.1 Kingdom of Saudi Arabia
20.5.2 United Arab Emirates
20.5.3 Rest of Middle East & Africa
20.6 North America
20.6.1 Canada
20.6.2 Mexico
20.6.3 United States
20.7 Latin America
20.7.1 Argentina
20.7.2 Brazil
20.7.3 Rest of Latin America
21 Company Profile
21.1 Autoneum
21.1.1 Company details
21.1.2 Financial outlook
21.1.3 Product summary
21.1.4 Recent developments
21.2 Carcoustics
21.2.1 Company details
21.2.2 Financial outlook
21.2.3 Product summary
21.2.4 Recent developments
21.3 Dana Incorporated
21.3.1 Company details
21.3.2 Financial outlook
21.3.3 Product summary
21.3.4 Recent developments
21.4 Elringklinger AG
21.4.1 Company details
21.4.2 Financial outlook
21.4.3 Product summary
21.4.4 Recent developments
21.5 Lydall Inc
21.5.1 Company details
21.5.2 Financial outlook
21.5.3 Product summary
21.5.4 Recent developments
21.6 Morgan Advanced Materials
21.6.1 Company details
21.6.2 Financial outlook
21.6.3 Product summary
21.6.4 Recent developments
21.7 Tenneco Inc
21.7.1 Company details
21.7.2 Financial outlook
21.7.3 Product summary
21.7.4 Recent developments
21.8 UGN Inc.
21.8.1 Company details
21.8.2 Financial outlook
21.8.3 Product summary
21.8.4 Recent developments
21.9 Others
22 List of Abbreviations
23 Reference Links
24 Conclusion
25 Research Scope