Automotive Heatshield Market Report

Market Insights

Automotive heatshield market is likely to witness a CAGR of 4.2% during the forecast period. The prime factor that is contributing to the demand for automotive heatshield is increasing passenger cars production and demand in emerging economies owing to increasing disposable income of consumers.

Segment Analysis

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Automotive Heatshield Market Share: By Vehicle Type

Based on the vehicle type, the market is segmented as passenger car, LCVs, and HCVs. The passenger cars segment held the largest share of the market in 2020, and is expected to remain dominant during the forecast period. Growing disposable income of consumers in emerging economies, significant development in the Asia-Pacific region, and growing penetration of low-to-mid-cost cars are the major factors behind the dominance of the segment in the global market.

Automotive Heatshield Market Share: By Application Type

Based on the application type, the automotive heatshield market is segmented as underbody heatshield, engine, tank heatshield, catalytic converter, exhaust manifold, starter motor, turbocharger, and others. Engine application is likely to remain the dominant application of the market during the forecast period. Heatshield for engine applications is designed to effectively manage radiant, convective, and conductive heat from the front and the back of a vehicle.

Automotive Heatshield Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market during the forecast period, with China, Japan, India, and South Korea being the major countries with lucrative growth opportunities. The growth of the market is majorly driven by significant economic development in the regions and growing disposable income of consumers which is driving the growth of the automotive market in the region and hence, for automotive heatshield. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Market Scope & Segmentation

Automotive heatshields are custom-designed solution for effectively managing radiant, convective, and conductive heat. Automotive heatshield market is segmented as by vehicle type into passenger cars, LCV, and HCV; by material type into aluminum, stainless steel, and aluminized steel; by application type into underbody heatshield, engine, tank heatshield, catalytic converter, exhaust manifold, starter motor, turbocharger, and others; and by sales channel type into OEM and aftermarket.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The automotive heatshield market is segmented into the following categories. 

Automotive Heatshield Market Size, Share, & Forecast, by Vehicle Type:

• Passenger Cars (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• LCVs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• HCVs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Heatshield Market Size, Share, & Forecast, by Material Type:

• Aluminum (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Stainless Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Aluminized Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Heatshield Market Size, Share, & Forecast, by Application Type:

• Underbody Heatshield (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Tank Heatshield (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Catalytic Converter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Exhaust Manifold (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Starter Motor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Turbocharger (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Heatshield Market Size, Share, & Forecast, by Sales Channel Type:

• OEM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Automotive Heatshield Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the major players in the automotive heatshield market are-

• Dana Limited
• DuPont.
• Frenzelit
• Autoneum Holding AG
• Morgan Advanced Material
• Elringklinger AG.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the application types by sales channel type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].