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Increasing Focus On Light Weight Materials For Heat Shield Manufacturing: Key Factor Driving The Growth In The Automotive Heat Shield Market
Automotive Heat Shield
What Is the Expected Automotive Heat Shield Market Size During the Forecast Period?
In the past few years, the market size for automotive heat shields has seen substantial growth. The market, which was valued at $14.85 billion in 2024, is projected to increase to $15.69 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.7%. Factors such as concerns about engine efficiency, emission regulation, advancements in materials, and performance requirements have contributed to this growth in the historic period.
In the coming years, the automotive heat shield market is projected to experience robust expansion, increasing to $21.04 billion in 2029 with a 7.6% compound annual growth rate (CAGR). The anticipated growth over the forecast period can be credited to the rise in electric and autonomous vehicles, concerns over global climate, and advancements in manufacturing techniques. The forecast period will further be marked by dominant trends such as the incorporation of intelligent technologies, customization and personalization, along with sustainable solutions.
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What Are the High-Growth Segments in the Automotive Heat Shield Market?
The automotive heat shield market covered in this report is segmented -
1) By Material Type: Metallic, Non-metallic
2) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
3) By Product Type: Single Shell, Double Shell, Sandwich
4) By Application: Exhaust System Heat Shield, Turbocharger Heat Shield, Under Bonnet Heat Shield, Engine Compartment Heat Shield, Under Chassis
5) By Sales Channel: OEM, After market
Subsegments:
1) By Metallic: Aluminum Heat Shields, Stainless Steel Heat Shields, Copper Heat Shields
2) By Non-metallic: Fiberglass Heat Shields, Ceramic Heat Shields, Composite Heat Shields, Thermal Insulating Mats
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What Key Drivers Are Expected to Influence Future Automotive Heat Shield Market Growth?
The increasing emphasis on creating heat shields from lightweight materials is fueling the expansion of the automotive heat shield market. Such heat shields not only reduce the vehicle's weight but also enhance its efficiency. They deliver thermal protection and elevate the overall performance of the car compared to their heavier counterparts. Citing the Office of Energy Efficiency & Renewable Energy, a vehicle's weight reduction by 10% can conserve up to 6-8% of fuel. Integrating lightweight elements and efficient motors in a quarter of the US fleet could result in saving around 5 billion gallons of fuel each year by 2030. Furthermore, lightweight heat shields fortified with melamine foam can endure up to 1000 °F. Another variant of the heat shield, featuring a thin coating of hydrophobic melamine foam for spot heat correction, has a temperature rating of up to 800 °F, with both kinds of heat shields reflecting 98% of heat. This growing interest in lightweight heat shields that offer fuel economy and thermal protection is bolstering the growth of the automotive heat shield sector.
Which Companies Hold the Largest Share Across Different Automotive Heat Shield Market Segments?
Major companies operating in the automotive heat shield market include Autoneum Nittoku Pvt. Ltd., Carcoustics, Dana Incorporated, ElringKlinger AG, Lydall Inc., Morgan Advanced Materials plc, Tenneco Inc., UGN Inc., Covpress Ltd, DuPont de Nemours, Inc., Happich GmbH, Sumitomo riko Co. Ltd., Talbros Automotive Components Ltd., Ningbo Tuopu Group, Zhuzhou Times New Material Technology Co., Ltd., Zircotec Ltd., NICHIAS Corporation, Adient PLC, Aisin Corporation, BorgWarner Inc., Continental AG, Denso Corporation, Hitachi Astemo, Ltd., JTEKT Corporation, Parker Hannifin Corporation, Robert Bosch GmbH, Compagnie de Saint-Gobain S. A, Schaeffler Technologies AG & Co. KG, Siemens AG, Sogefi Group
What Trends Are Driving Growth in The Automotive Heat Shield Market?
The utilization of soundproof heat shields is on the rise to satisfy specific government noise reduction regulations. Autoneum, a Swiss company leading the pack in vehicle's thermal insulation and acoustics, has introduced its own acoustic heat shields. These are constructed using Autoneum's revolutionary RIMIC technology, transforming airborne sound into thermal energy which it then absorbs. This groundbreaking heat shield has the ability to absorb high-frequency sounds in the 2-6 kHz range. Automotive giants such as BMW, Mercedes Benz, and Volvo are among those utilizing these particular heat shields.
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What Are the Emerging Geographies for The Automotive Heat Shield Market Growth?
Asia-Pacific was the largest region in the automotive heat shield market in 2024.Europe was the second-largest region in the automotive heat shield market share. The regions covered in the automotive heat shield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Heat Shield Market?
2. What is the CAGR expected in the Automotive Heat Shield Market?
3. What Are the Key Innovations Transforming the Automotive Heat Shield Industry?
4. Which Region Is Leading the Automotive Heat Shield Market?
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