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Automotive Heatshield Market Report
The Automotive Heatshield Market is Segmented by Vehicle Type (Passenger Cars, LCV, and HCV), by Material Type (Aluminum, Stainless Steel, and Aluminized Steel), by Application Type (Underbody Heatshield, Engine, Tank Heatshield, Catalytic Converter, Exhaust Manifold, Starter Motor, Turbocharger, and Others), by Sales Channel Type (OEM and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
The Automotive Heatshield Market is Segmented by Vehicle Type (Passenger Cars, LCV, and HCV), by Material Type (Aluminum, Stainless Steel, and Aluminized Steel), by Application Type (Underbody Heatshield, Engine, Tank Heatshield, Catalytic Converter, Exhaust Manifold, Starter Motor, Turbocharger, and Others), by Sales Channel Type...
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Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
See less...Covid-19 has impacted the market dynamics, competition, and global...
See more...Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
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.
Automotive Heatshield Market - Snapshot |
|
Growth |
4.2% for the next five years |
Major Vehicle Type |
Passenger Cars |
Dominant Application Type |
Engine |
Region with the highest demand |
Asia-Pacific |
Key Players |
Dana Limited, DuPont., Frenzelit, Autoneum Holding AG, Morgan Advanced Material, and Elringklinger AG. |
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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.
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.
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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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.
Automotive Heatshield Market Research Report - Features |
|
Market Segmentation |
5 |
Regions Covered |
4 |
Countries/Sub-Regions Covered |
15 |
No. of Figures & Tables |
>150 |
Company Profiles |
12 |
The automotive heatshield market is segmented into the following categories.
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Some of the major players in the automotive heatshield market are-
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:
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.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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].
The automotive heatshield market is expected to witness an impressive growth of 4.2% CAGR in the foreseeable future.
Dana Limited, DuPont., Frenzelit, Autoneum Holding AG, Morgan Advanced Material, and Elringklinger AG are among the key players in the automotive heatshield market.
Asia-pacific is expected to remain the largest automotive heatshield market during the forecast period of 2021-2026.
Engine application is expected to remain dominant application type in the automotive heatshield market in the coming five years.
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