Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Aluminum Heat Shield Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.5% during the review period (2022 to 2027).
Aluminum Heat Shield Market Overview
An automotive heat shield refers to a specially designed sheet used to protect various automotive components from excessive heat generated from the engine and exhaust systems. It plays an integral role in increasing the power output of an engine by controlling the under-bonnet temperature and maintaining optimal thermal comfort inside the vehicle. Nowadays, both metallic, as well as non-metallic materials, are used in automotive heat shield fabrication, such as aluminum, nylon and ceramics. In recent years, these shields have gained traction due to their cost-effectiveness, ease of installation and the introduction of customizable and tailor-made variants by manufacturers.The global automotive heat shield market is primarily driven by the increasing production of automobiles. The expanding e-commerce sector has also generated a significant demand for commercial vehicles, thereby escalating the need for automotive heat shields.
Who are the Major Players in Aluminum Heat Shield Market?
The global Aluminum Heat Shield Market includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Dana Holding Corporation, Tenneco(Federal-Mogul), Europe development holding company, Lydall company, ELRINGKLINGER company, Progress-werk Austria Berkey Xiyin, Thermotec automotive products, Zircotec company.
Industry News and Development:
January 2020, Dana Incorporated and Kenworth cooperated on electric powertrain development for medium duty Kenworth battery electric vehicles. Dana designed e-powertrain systems for Kenworth K270E battery electric vehicles. Dana also supplied an e-power system that consists of electrified auxiliary systems, an on-board charger, and two battery packs. It would strengthen Dana’s thermal management solutions for electric vehicles.
What are the major Applications, Types and Regions for Aluminum Heat Shield Market?
Aluminum Heat Shield Market is segmented based on the Type, Applications and Regions.
By Type, it is segmented into
- Aluminum And Steel
- Aluminum And Magnesium
By Applications, it is segmented into
- Automotive
- Household Appliances
- Other
Aluminum Heat Shield Market Regional Analysis
The Asia Pacific region is projected to be the largest automotive heat shield market in 2021. China, India, and Japan account for the largest shares of the automotive heat shield market in Asia Pacific. The growth of the market in Asia Pacific can be attributed to the high vehicle production and increased use of advanced electronics in Japan, South Korea, India, and China.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Aluminum Heat Shield Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 3.5% during the review period (2022 to 2027).
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By Type
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- Aluminum And Steel
- Aluminum And Magnesium
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By Application
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- Automotive
- Household Appliances
- Other
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By Companies
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Dana Holding Corporation, Tenneco(Federal-Mogul), Europe development holding company, Lydall company, ELRINGKLINGER company, Progress-werk Austria Berkey Xiyin, Thermotec automotive products, Zircotec company.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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183
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Aluminum Heat Shield Report
- Evaluate Aluminum Heat Shield market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end-use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Aluminum Heat Shield market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Aluminum Heat Shield Market is studied from 2017 - 2027.
What is the growth rate of Aluminum Heat Shield Market?
The Aluminum Heat Shield Market is growing at a CAGR of 3.5% over the next 5 years.
Who are the leading key players in Aluminum Heat Shield Market?
Dana Holding Corporation, Tenneco(Federal-Mogul), Europe development holding company, Lydall company, ELRINGKLINGER company, Progress-werk Austria Berkey Xiyin, Thermotec automotive products, Zircotec company.
What regions regions does this Aluminum Heat Shield Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Aluminum Heat Shield Market?
Aluminum And Steel, Aluminum And Magnesium
What are the significant Applications of Aluminum Heat Shield Market?
Automotive, Household Appliances, Other
All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
