openPR Logo
Press release

Automotive Heat Shield Market Predicted to Rake in US$ 15,000 Mn by 2025

10-30-2017 06:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: PMR - Research Report

Automotive Heat Shield Market Predicted to Rake in US$ 15,000 Mn

The market for automotive heat shield is significantly fragmented, and characterized based on the number of regional players. In terms of value, the global automotive heat shield market is projected to register a steady expansion at 5.5% CAGR during the forecast period 2017 to 2025, according to a recent report by Persistence Market Research (PMR). In 2017, the market will account for revenues worth US$ 9,711.7 Mn; by 2025 it is estimated to reach nearly US$ 15,000 Mn.

Asia Pacific will Continue to be the Largest Market for Automotive Heat Shield

Asia Pacific (APAC) will continue to be the largest market for the automotive heat shield, with sales estimated to exhibit the highest CAGR through 2025, in terms of volume. Various guidelines issued by the regulatory authorities have compelled the OEMs in developing products that are compatible with the present regulatory environment. Demand for lower carbon emissions by these regulations have increased the focus of manufacturers to minimize engine sizes by reducing the number of cylinders. In addition, increasing penetration of turbochargers equipped with heat shield into spark ignition and compression ignition engines has been witnessed, for maintaining the output power of these engines. The aforementioned factors are expected to drive growth of the automotive heat shield market in APAC.

View Full Report TOC, Figures and Tables: https://www.persistencemarketresearch.com/market-research/automotive-heat-shield-market.asp

However, the presence of a large number of tier II and tier III players in APAC are increasingly investing in new products and technologies which are unaffordable. This is anticipated to incur challenges for existing players and restrain them from adopting new technologies, which in turn will impede growth of the market in APAC.

Increasing Sales of High-Performance Cars to Drive Market Growth in Europe

In Europe, a growth of the automotive heat shield market has surged significantly, which is attributed to increasing sales of high-performance cars in both aftermarket and OEM. These high-performance cars require effective heat shield solutions for safety purpose. Automotive heat shields play a critical role in preventing heat generated by increasing power and speed of luxurious cars, and sports cars. These factors are expected to fuel the growth of the market in Europe. In terms of volume, Europe is expected to be the second largest market for the automotive heat shield, with sales pegged to reach nearly 400 Mn units by 2025-end.

Request to view Sample Report: https://www.persistencemarketresearch.com/samples/7472

Although single shell heat shield will remain preferred among products, sales of sandwich heat shield are expected to exhibit the fastest growth in the market, in terms of volume. In addition, sales of double shell heat shield will remain comparatively higher than sandwich heat shield. Based on material type, sales of non-metallic heat shield is expected to register 5.3% CAGR through 2025. Non-metallic heat shield will remain dominant in the market.

Automotive Heat Shields to Witness Largest Application in Engine Compartment of Automobiles

In terms of volume, automotive heat shields will witness largest application in engine compartment of automobiles, followed by exhaust system. However, sales of automotive heat shield in under chassis application will remain sluggish during the forecast period. By vehicle type, passenger cars will remain sought-after in the global automotive heat shield market, in terms of volume. In addition, sales of automotive heat shield in LCVs and HCVs will collectively account for 370 Mn units, the former being more lucrative than the latter.

Need more information about Report methodology ? @ https://www.persistencemarketresearch.com/methodology/7472

OEM will continue to be the largest sales channel for automotive heat shield in the global market, with sales pegged to reach nearly 14,000 Mn units by 2025-end. However, sales of automotive heat shield in aftermarket will exhibit the highest CAGR through 2025.

Key market players identified in PMR’s report include Federal-Mogul Corporation, Progress-Werk Oberkirch AG, Dana Holding Corporation, Talbros Automotive Components Ltd., ElringKlinger AG, Sumitomo Riko Company Limited, LYDALL INC, Morgan Advanced Materials Plc., AUTONEUM HOLDING AG., Carcoustics International GmbH, Datsons Engineering Works Private Limited, J&S GmbH Automotive Technology, ACS Industries, Inc., Happich Gmbh, Heat Shield Products Inc., HKO Isolier-und Textiltechnik GmbH, ISOLITE GmbH, FITWEL GASKET COMPANY (INDIA) PRIVATE LIMITED, Thermo-Tec Automotive Products Inc., TKG Automotive.

Global Automotive Heat Shield Market Report is available @ $4900
https://www.persistencemarketresearch.com/checkout/7472

Persistence Market Research Overview:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact
Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Website: https://www.persistencemarketresearch.com
PMR Blog: https://pmrblog.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 Shield Market Predicted to Rake in US$ 15,000 Mn by 2025 here

News-ID: 791700 • Views: 131

More Releases from PMR - Research Report

Increasing Adoption of Smart LED Street Lighting Owing to Cost-Efficiency and Su …
Significant growth in transportation infrastructure including roads and highways to provide better connectivity is leading to the growing demand for better street lighting system ensuring better visibility and safety. In recent years, advancement in technology and development of smart cities has resulted in the wide adoption of connected street lighting. Smart LED street lighting has emerged as a sustainable and cost-effective option for cities with limited use of energy along
Intelligent Ozone Generators: Providing Remote Monitoring and Reducing Response …
Wide range of Ozone generators are being produced to meet the growing demand from chemical, food and beverages industries, and water and air treatment. New ozone generators are constantly being developed using advanced technologies to increase functionality and accessibility. Moreover, in terms of design, portable and energy-efficient ozone generators are being produced in large amount, keeping ozone generators mobile and lightweight. A sample of this report is available upon request
Protein Hydrolysate Ingredient Market expanding at remarkable CAGR of 7.3% throu …
Rapid inclination of consumers towards sport nutrition on the coattails of rising awareness regarding health and nutrition-related issues has been influencing the demand for protein hydrolysate ingredients, mostly whey variants, in the recent years. Numerous health benefits of whey protein hydrolysate ingredients and their derivation from best sources of protein are the key factors expected to increase the consumption and give a boost to growth of global protein hydrolysate ingredients
Portable Battery Pack (Power Banks) Market to Witness Comprehensive Growth of US …
Large number of potential mobile phone consumer in the globe are opting for power banks, also known as power battery packs is fairly plausible. Moreover, attraction of smartphone users towards the use of power banks is likely to remain contingent on their lifestyle. The study led by Persistence Market Research reveals that multimedia device & smartphone propagation delivers as a robust distribution network to the power battery packs products. The

All 5 Releases


More Releases for Automotive

Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,
Global Automotive Windshield Market
“Global Automotive Windshield Industry 2021 Market Research Report” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Windshields, also known as windscreens, are curved glasses placed in the front of a vehicle to protect the occupant from the wind and road debris such as mud and dust. It also enhances the aerodynamics of the vehicle. Technavio’s analysts forecast the global automotive windshield market to grow at a CAGR of 4.64% during the period
Automotive Market Outlook 2016
This document is a series of scorecards for major Automotive markets which review historic (2011-2015), short term (2016-2020) and medium/long term (2021-2030) performance of light vehicle sales in the markets covered by the Automotive system. A ranking from 1 to 10 is assigned to each macro and micro driver that impact demand, which is multiplied by a score ranging from +5 (positive) to -5 (negative) for the three time periods,
Tweaked Automotive ‘Spectre Edition’
Tweaked Automotive announces its most recent special edition release, the Spectre Edition Land Rover Defender. The idea of executing a special Land Rover Defender build was circulating around the Tweaked Automotive design department for some time. The fact Land Rover ceased production of these much loved four wheel drives that have been around since 1948 prompted Tweaked Automotive to get stated as a matter of urgency. Hand in hand the 007TM