The study encompassed four primary tasks to determine the present and future scope of the automotive heat shield market. Initially, extensive secondary research was conducted to gather data on the market, its related sectors, and overarching industries. Subsequently, primary research involving industry experts across the value chain corroborated and validated these findings and assumptions. The complete market size was estimated by using both top-down and bottom-up methodology. Following this, a data triangulation approach was utilized to determine the size of specific segments and subsegments within the market.
Secondary Research
In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, International Organization of Motor Vehicle Manufacturers (OICA), National Highway Traffic Safety Administration (NHTSA), International Energy Association (IEA)], articles, directories, technical handbooks, trade websites, technical articles, and databases (such as Marklines and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global automotive heat shield market.
Primary Research
In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, such as CXOs, vice presidents, directors from business development, marketing, product development/innovation teams, and related key executives from various key companies. Various system integrators, industry associations, independent consultants/industry veterans, and key opinion leaders were also interviewed.
Primary interviews have been conducted to gather insights such as sizing estimates on the automotive heat shield market and forecast, future technology trends, and upcoming technologies in the automotive heat shield market. Data triangulation of all these points was done using the information gathered from secondary research and model mapping. Stakeholders from the demand and supply sides have been interviewed to understand their views on the abovementioned points.
Note 1: Others include sales managers, marketing managers, and product managers.
Note 2: Tier 1 companies’ revenues are more than USD 10 billion; tier 2 companies’ revenues range between USD 1 and 10 billion; and tier 3 companies’ revenues range between USD 500 million and USD 1 billion.
Source: Industry Experts
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the automotive heat shield market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
Automotive Heat Shield Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. Data triangulation was employed to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Market Definition
Automotive heat shields are protective barriers designed to prevent heat from engine components, exhaust systems, or other high-temperature areas from affecting surrounding parts. They help enhance vehicle performance, safety, and durability by managing heat dissipation efficiently.
Stakeholders
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Automotive component manufacturers
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Associations, forums, and alliances related to automobiles
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Automotive original equipment manufacturers
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Automotive investors
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Automotive heat shield manufacturers
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Raw material suppliers for automotive heat shields
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Government agencies and policymakers
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Traders and distributors of automotive heat shields
Report Objectives
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To define, segment, and forecast the size of the automotive heat shield market in terms of value (USD million) from 2025 to 2032, based on the following:
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Product type (single shell, double shell, and sandwich)
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Application (exhaust system heat shield, turbocharger heat shield, under bonnet heat shield, engine compartment heat shield, and under chassis heat shield)
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Function (acoustic and non-acoustic)
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Material type (metallic and non-metallic)
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Vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles)
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Electric vehicle type (battery electric vehicles, plug-in hybrid electric vehicles, and fuel-cell electric vehicles)
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Region (Asia Pacific, Europe, North America, and Rest of the World)
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To identify and analyze key drivers, restraints, opportunities, and challenges influencing market growth
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To strategically analyze the market for individual growth trends, prospects, and contributions to the total market
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To study the following with respect to the market
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Value chain analysis
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Ecosystem analysis
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Technology analysis
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Trade analysis
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Pricing analysis
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Case study analysis
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Patent analysis
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Regulatory framework
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Key stakeholders and buying criteria
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MnM insight on the average weight of heat shields in passenger car
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To strategically profile key players and comprehensively analyze their market share and core competencies
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To analyze the opportunities for stakeholders and the competitive landscape for market leaders
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To track and analyze competitive developments such as deals (collaboration, agreement, and acquisition), product launches/developments, expansions, and other activities undertaken by the key industry participants
Available Customizations
With the given market data, MarketsandMarkets offers customizations in accordance with company-specific needs.
Product Analysis
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Automotive heat shield market, by application, at country level
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Automotive heat shield market, by product type, at country level
Company Information
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Profiling of additional market players (up to five)
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Growth opportunities and latent adjacency in Automotive Heat Shield Market