Heat Shield Industry analysis done by Material (Metallic and Non-metallic), Product (Exhaust Heat Shield Insulation, Turbo heat shield, Spark plug boot heat shield, Thermal & Heat shield sleeving, Fire arm heat shield and others), End User (Automotive, Defense, Aircraft and others) and Region.
Global Heat Shield Market Highlights:
Heat shields are commonly used to protect parts of a device from heat generated by its energy source. Rapid growth in the automotive industry with the growing number of temperature sensitive components in the modern vehicle resulted in increasing demand in the heat shield market. Factors such as minimal cooling air flow, tightly packed components and others resulted in high temperature in the engine compartment and across the exhaust system.
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Heat Shield Market Key Companies Studied in this report are: Morgan Advanced Materials (U.K.), Dana Holding Corporation (U.S.), Federal Mogul Holding Corporation (U.S.), Autoneum Holdings AG (Switzerland), Lydall Inc. (U.S.), Elringklinger AG (Germany), Progress-Werk Oberkirch AG (Germany), UGN Inc. (U.S.), ThermoTec Automotive (U.S.), and Zircotec (U.K.).
Lot of countries are increasing their spending in the defense sector which increases the consumption of firearms also fueling the growth of this market. Rising the safety concern among the consumers is also fueling the growth of heat shield market. However, fluctuating cost of raw materials may hamper the growth of heat shield market.
Market Segments Analysis:
Asia-Pacific region dominates the Global Heat Shield market. Increasing rate of industrialization & urbanization with increasing demand of commercial as well as passenger vehicles, is ultimately driving the growth of this market in the APAC region. Increasing disposable income among individuals ultimately increases the demand of luxury vehicles which also increase the demand of Heat Shield market.
APAC region is expected to show the fastest growth during the forecast period. Asia-Pacific region followed by North America. Factor such as demand for automobiles is growing considerably as well as significant growth in defense and aircraft sector is further fueling the growth of this market in North America region.
Research Methodology:
Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.
The report gives the clear picture of current Heat Shield Market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.1 Introduction
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
Continued…
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