openPR Logo
Press release

Automotive Heat Shields Market 7.21% CAGR WITH Top 10 Players as Elringklinger Ag, Autoneum Holding, Dana Incorporated, Lydall

08-21-2018 04:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

The global automotive heat shields market is anticipated to record a CAGR of 7.21% during the forecast period of 2018 - 2023. The increase in the production of automobiles and the rising concern towards safety and security are the crucial elements influencing the growth of the heat shield market.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/15871

High Cost of Heat Shields in Aftermarket and Emergence of Electric Vehicles are the Challenges in the Market Growth

The key restraint for the market is the factor that the replacement part is overpriced, and the exhaust system has to be possibly removed to fit the new heat shield. The aftermarket prices for the automotive heat shields are 1.5 times more than OEM prices of the same. Although, it is recommended to change the heat shields every 100,000 to 150,000 kilometers, many car owners do not generally prefer to replace the old one with a new heat shield, owing to the price or lack of awareness.

The South American region is predicted to show the highest growth rate, but a mild slowdown in the European and North American region, owing to the increase in preferences of electric vehicles could bring down the growth rate slightly.

Key Developments in the Market:

August 2018: Lydall, Inc. announced plans to form Lydall Thermal/Acoustical Solutions through the combination of its existing Thermal/Acoustical Metals and Thermal/Acoustical Fiber businesses, to successfully meet increasing demands of reduce noise, heat, vibration and harshness across automotive and industrial platforms globally.

Major Players:

ELRINGKLINGER AG, AUTONEUM HOLDING, DANA INCORPORATED, LYDALL, INC., amongst others.

Request Discount on this repots @https://marketprognosis.com/discount-request/15871

Light Weight Heat Shields Gaining Popularity in the Auto Industry

Modern day cars demand reduced and confined space, increased power, and a decrease in weight and hence, the heat shields should necessarily be of light weight and low density. The weight of the vehicle has become such a strong factor that some manufacturers, such as Land Rover have started making automobiles majorly out of light materials like aluminum to cut down on weight.

The growing population, improved economic conditions, easy credit are few factors involved in increasing the number of motor vehicles globally. All of the cars with an engine capacity of more than 1.6-litre contain heat shields and hence, the market of automotive heat shields is growing rapidly. The global luxury car sales grew by 15% from 2015 to 2016, thereby, increased the number of 1.6-litre engine vehicles further driving the automotive heat shields market.

The market for other type of heat shields (which comprises of turbocharged engine equipped vehicles, under body heat shields and under bonnet heat shields) is expected to show the highest CAGR in the market on account of rising sales of luxury vehicles, engine downsizing, the increasing adoption of heat shields in the mid-segment cars and increasing turbocharger.

Enquiry Before Buying@ https://marketprognosis.com/enquiry/15871

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMarkPvt Ltd,
Thane - 421501
India.
Contact No:+1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Heat Shields Market 7.21% CAGR WITH Top 10 Players as Elringklinger Ag, Autoneum Holding, Dana Incorporated, Lydall here

News-ID: 1192091 • Views:

More Releases from Market Prognosis

Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innovations and Foreseen Till 2026 | FedEx, Exel Logistics, Menlo Worldwide Logistics, Ryder Logistics
Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innov …
The report covers a forecast and an analysis of the Third-Party Logistics (3PL) Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Third-Party Logistics (3PL) Market: The report spread across 90 pages is an overview of the Global Third-Party Logistics (3PL) Market. These report study based on the Third-Party
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing by Top Key Players (Didi, Uber, Lyft, Gett, Hailo, Ola Cabs, Cabify, GoCatch) | Foreseen Till 2026
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing …
The report covers a forecast and an analysis of the Ride-Hailing Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Ride-Hailing Market: The report spread across 90 pages is an overview of the Global Ride-Hailing Market. These report study based on the Ride-Hailing Market. It is a complete overview
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry Insight and Growth Strategy by Business Players - AIG, Chubb (ACE), Allianz, XL Group, AXA, Aviva
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry I …
The report covers a forecast and an analysis of the Professional Indemnity Insurance Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Professional Indemnity Insurance Market: The report spread across 90 pages is an overview of the Global Professional Indemnity Insurance Market. These report study based on the Professional
Modular Construction Market Future Growth Explored in Latest Research Report by 2026 | Komatsu, Kiewit, Skanska, L&T, Taisei, ACS Group, Bouygues Construction
Modular Construction Market Future Growth Explored in Latest Research Report by …
The report covers a forecast and an analysis of the Modular Construction Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Modular Construction Market: The report spread across 90 pages is an overview of the Global Modular Construction Market. These report study based on the Modular Construction Market. It

All 5 Releases


More Releases for Thermal/Acoustical

Bonded Acoustical Cotton Market Competitive Growth to Reach $980 Million by 2031 …
CALIFORNIA, (UNITED STATES) - The global Bonded Acoustical Cotton market has witnessed significant growth and transformation in recent years. This comprehensive market report provides an overview of key trends, drivers, challenges, and opportunities in the industry. It covers various segments within the Bonded Acoustical Cotton sector, offering insights into market dynamics, competitive landscape, and future prospects. The report focuses on the major players that are in operation within the market
Acoustical Analysis Services Market Size, Insights 2031 by Key Vendors-Acoustica …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Acoustical Analysis Services Market size is reached a valuation of USD 17.5 Billion in 2023, with projections to achieve USD 23.2 Billion by 2031, demonstrating a 𝐂𝐀𝐆𝐑 6.13% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. What is the current outlook of the Acoustical Analysis Services market? The Acoustical Analysis Services market is currently experiencing robust growth, driven by increasing demand for soundproofing, noise reduction,
Outdoor Noise Barriers Market: Size & Trends Shows a Rapid Growth by 2030- Acous …
Global Outdoor Noise Barriers Market Research Report initially provides a basic overview of the industry that covers definition, applications and technology, post which the report explores into the international players in the market. The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in
Sound Absorbing Coating Market global outlook and forecast 2021 -2027| Acoustica …
The Global Sound Absorbing Coating Market research report is a careful examination of the worldwide industry which has been a region of enthusiasm for a Sound Absorbing Coating makers, organizations, authorities, chiefs, and likely speculators, and analysts. The report profoundly lights up noteworthy features in the business, including a contention situation, condition, portions, showcase size, share, gainfulness, development potential, and advancements. The report likewise spins around the
Insightful Growth of Acoustical Analysis Services Market by 2025 with Topmost Ke …
Acoustical Analysis Services Market 2019 Global Industry research report offers you market size, industry growth, share, development trends, product demand, investment plans, business idea and forecasts to 2025. This report highlights exhaustive study of major market along with present and forecast market scenario with useful business decisions. The report systematically analyzes the most significant details of the Global Acoustical Analysis Services Market with the help of a thorough and specialized
OEM Acoustical Board Market Size, Share, Development by 2024
Global Info Research offers a latest published report on OEM Acoustical Board Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-oem-acoustical-board-market_p129390.html   Scope of the Report: The worldwide market for