Automotive Heat Shield Market

Market Leader - Automotive Heat Shield Market

The global automotive heat shield market size is projected to reach USD 19.8 billion by 2027 from USD 16.1 billion in 2019, growing at a CAGR of 2.6%. The growth of the market is driven by increased vehicle production, high demand for commercial vehicles, and the adoption of lightweight heat shield technology to optimize fuel efficiency in vehicles.

The automotive heat shield market is dominated by global players such as Dana Incorporated (US), Morgan Advanced Materials (UK), Autoneum (Switzerland), ElringKlinger AG (Germany), Lydall Inc. (UK), Carcoustics (Germany), and UGN Inc. (US). These companies develop new products, adopt expansion strategies, and establish collaborations, partnerships, and mergers & acquisitions to gain traction in the automotive heat shield market.

To know about the assumptions considered for the study download the pdf brochure

Dana Incorporated is one of the global leaders in the automotive heat shield market. The company provides efficient power conveyance and energy management solutions. The power technologies segment offers gaskets, cover modules, heat shields, engine sealing systems, cooling products, and heat transfer products for light vehicles, medium/heavy vehicles, and off-highway vehicles. In August 2019, Dana Incorporated announced the successful acquisition of Nordresa Motors, Inc., which is a prominent integration and application engineering expert for the development and commercialization of electric powertrains for commercial vehicles operating in the UK after a joint venture with BAE systems.

Morgan Advanced Materials has positioned itself as a global player in the automotive heat shield market. The company specializes in specialist ceramics, carbon, and composites. Its main products include high-temperature insulating fiber products, microporous products, firebricks, monolithic products, heat shields, fired refractory shapes, and structural block insulation products. Morgan is expanding its footprints globally. For instance, the Carbon and Technical Ceramics Division comprised of 50 operating sites with manufacturing sites across the world as of 31 December 2018.

Autoneum Holding AG has well established its position in the market for automotive heat shields and other products. It offers acoustic and thermal management solutions for vehicles. The company manufactures multifunctional, lightweight components for optimal protection against heat and noise. The company designed heat shields based on its RIMIC technology with heat resistance up to 500°C.  Autoneum strengthened its regional presence in September 2018 by opening new plants in the automotive centers of Pinghu and Shenyang Tiexi in China. Both the plants will start the production of lightweight multifunctional components for noise and heat protection soon, post the recovery of the China market.

Related Reports:

Automotive Heat Shield Market by Application (Engine, Exhaust, Under Bonnet, Under Chassis, Turbocharger), Product (Single Shell, Double Shell, Sandwich), Function (Acoustic, Non-Acoustic), Material, Vehicle, and Region - Global Forecast to 2027

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
AT 3749
RI Published ON
11/5/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Automotive Heat Shield Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved