What is Heat Shield Market Scope?
The heat shield is designed to protect an object from absorbing excessive heat by dissipating, reflecting or simply absorbing heat. These shields are used mostly in engines to protect body framework and component heat damage. It can be made of solid steel but now it is made of aluminum. The installation of the heat shield is widely used in heat management owing to its cost-effectiveness and easy to fit. There are various applications of heat shields such as automotive, spacecraft, aircraft and passive cooling therefore the global heat shield market is projected to grow in the forecast period.
Influencing Trend:
Ablative Heat Shields Are Trending In Spacecraft and Rising Popularity of Exhaust Heat Shield in Automotive Industry
Market Growth Drivers:
Growing Demand from Automotive Industries & Spacecraft to Protect Components and Rising Number of Luxury Vehicles, Cars in Developing Countries
Challenges:
Heat Shield Fails to Protect the Engine Bay from Exhaust Heat and Heat Shield Is Very Expensive & Fragile
Restraints:
In Automotive Most of the Factory Heat Shields and Thermal Barriers Are Just Metal and Are Usually Mounted To Hot Metal and Rising Prices of Raw Material
Opportunities:
Technological Advancement in Automotive Industries Such as Lightweight & Increased Flexibility and Highly Used in Electronic Component Such as Mobile, Laptops and Others
The Heat Shield market study is being classified by Type (Automotive Heat Shield (Rigid Heat Shield, Rigid Heat Shield, Flexible Heat Shield, Textile Heat Shield), Industrial Heat Shield (Quilted Heat Shield, Turbo Charger Cover, Stainless Steel Heat Shields) and Aerodynamic Heat Shield (Ablative Heat Shield, Thermal Soak Heat Shield)), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Heat Shield market throughout the predicted period.
JBC Technologies, Inc. (United States), Firwin Corporation (Canada), QUSA Thermal, Inc. (United States), Aircraft Spruce & Specialty Co. (United States), Zircotec (United Kingdom), Lydall, Inc. (United States), ElringKlinger (Germany), Old Hall Performance (United Kingdom), Carcoustics Shared Services GmbH (Germany), McDonnell Aircraft Corp. (United States), Federal Mogul Holding Corporation (United States) and DuPont (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Dana Incorporated (United States), Autoneum Holding AG (Switzerland), Estamp (Spain), ElringKlinger AG (Germany) and Jayant Group (India).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Heat Shield market by Type, Application and Region.
On the basis of geography, the market of Heat Shield has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In April 2022, JBC Technologies, a leading flexible materials converter, purchased HST Materials, Inc., an ISO-9001-certified converter located in suburban Chicago, Illinois. The acquisition strategically expands JBC's geographic footprint while expanding its automotive and off-road transportation segments. HST has a strong track record of providing high-quality die-cut, extruded, and molded seals and gaskets to OEMs and tiered suppliers.
On 16th August 2019, Stanford University, one of the world's leading teaching and research institutions. Atomically thin materials developed by Stanford researchers could create heat shields for cell phones or laptops that would protect people and temperature-sensitive components and make future electronic gadgets even more compact. Excess heat given off by smartphones, laptops and other electronic devices can be annoying and, in extreme cases can even cause lithium batteries to explode.
Key Target Audience
Heat Shield Manufacturer, Raw Material Suppliers, Distributers/Suppliers, End-Users, Research Institutes and Others
Heat Shield Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Heat Shield Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Heat Shield industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.