The report titled “Automotive Heat Shield Market” sheds a concentrated focus on the Automotive Heat Shield industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.
The Global Automotive Heat Shield Market size is projected to grow from US$ 16.1 Billion in 2019 to US$ 19.8 Billion by 2027, at a CAGR of 2.6%. This report spread across 154 Pages, Profiling 12 Companies and Supported with 141 Tables and 45 figures is now available in this research.
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#Key Players- Dana Incorporated (US), Morgan Advanced Materials (UK), Autoneum (Switzerland), ElringKlinger AG (Germany), Lydall Inc. (UK), Carcoustics (Germany), and UGN Inc. (US).
Increasing concerns over air pollution and global warming have forced the governments of several countries to enforce strict emission policies and regulations for ICE vehicles. OEMs are focusing on increasing fuel efficiency by adopting lightweight technologies in vehicles.
Manufacturers of heat shields are developing products best suited to fulfill the requirements of vehicle manufacturers. For instance, Autoneum manufactures multifunctional, lightweight components for optimal protection against heat and noise. The company’s RIMIC technology in heat shield designs heat-resistant up to 500°C. ElringKlingerspecializes in lightweight solutions, e-mobility, sealing and shielding technology, tooling, and engineering services.
Asia Pacific comprises rapidly emerging economies such as China and India, along with developed nations such as Japan, and is the largest market for automotive. In recent years, the region has emerged as a hub for automobile production.
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Breakdown of primary participants’ profile:
- By Company Type: OEMs – 24%, Tier I – 63%,and Tier II& III – 13%,
- By Designation: CXOs – 27%, Manager – 41%,and Others – 32%
- By Region: North America – 27%, Europe – 32%, Asia Pacific – 37%, and Rest of the World- 4%
Competitive Landscape of Automotive Heat Shield Market:
2 Market Ranking Analysis
3 Product Comparison Mapping, By Key Competitors
4 Competitive Leadership Mapping
4.1 Visionary Leaders
4.3 Dynamic Differentiators
4.4 Emerging Companies
5 Strength of Product Portfolio
6 Business Strategy Excellence
7 Winners vs Tail-Enders
8 Competitive Scenario
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