This Automotive Heat Shield market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The automotive heat shield market size has grown strongly in recent years. It will grow from $14.85 billion in 2024 to $15.69 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to engine efficiency concerns, emission regulations, material advancements, performance demands.
The automotive heat shield market size is expected to see strong growth in the next few years. It will grow to $21.04 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to electric vehicle growth, autonomous vehicles, global climate concerns, advanced manufacturing techniques. Major trends in the forecast period include integration of smart technologies, customization and personalization, sustainable solutions.
The automotive heat shield market is experiencing a notable surge due to a heightened emphasis on lightweight heat shields constructed from advanced materials. These shields, characterized by their reduced weight, not only contribute to a lighter vehicle but also enhance overall efficiency. Their thermal protective properties offer improved car performance compared to heavier alternatives. Citing insights from the Office of Energy Efficiency & Renewable Energy, even a modest 10% reduction in vehicle weight can yield fuel savings between 6-8%. The utilization of lightweight components and efficient engines in a significant portion of the US fleet is projected to potentially conserve up to 5 billion gallons of fuel annually by 2030. Furthermore, innovations like lightweight heat shields insulated with melamine foam, capable of withstanding temperatures up to 1000 °F, and hydrophobic melamine foam-based shields for targeted heat management rated up to 800 °F, boasting 98% reflectivity, are driving a growing focus on these fuel-efficient and thermally protective solutions, thereby fostering expansion within the automotive heat shield market.
The increasing adoption of electric vehicles (EVs) is significantly driving the growth of the automotive heat shield market in the coming years. An electric vehicle is powered by one or more electric motors or traction motors. The expansion of the electric vehicle market is creating a demand for specialized heat shields for battery thermal management systems, as the batteries and other components in electric vehicles generate heat that needs to be regulated and dissipated using heat shields. For example, in March 2024, the International Energy Agency, a France-based intergovernmental organization, reported that approximately 14 million electric cars were registered worldwide in 2023, representing a 35% increase from the 10.5 million registered in 2022. Electric vehicles accounted for 18% of total car sales in 2023, up from 14% in 2022. This growth indicates strong momentum in the EV market, with weekly registrations in 2023 surpassing 250,000. Battery electric vehicles made up 70% of the total electric car stock in 2023. Consequently, the rise of electric vehicles will drive the automotive heat shield market.
A notable trend within the realm of automotive heat shields involves the rising prominence of soundproof shields, aligning with governmental regulations targeting noise reduction. Autoneum, a leading Swiss-based manufacturer specializing in vehicle thermal insulation and acoustics, has introduced innovative acoustic heat shields based on their RIMIC technology. These shields effectively mitigate noise emissions by converting airborne sound into thermal energy and subsequently absorbing it. Specifically designed to absorb high-frequency sounds ranging between 2-6 kHz, these shields have found adoption among various prominent car manufacturers such as BMW, Mercedes Benz, and Volvo, reflecting a growing industry trend towards meeting regulatory noise standards through advanced heat shield solutions.
Major companies in the automotive heat shield market are pursuing a strategic partnership approach to support microbusinesses and microfinance institutions. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For example, in September 2023, Beerenberg, a Norway-based provider of maintenance and modification services, teamed up with aerogel-it, a Germany-based manufacturer of aerogel materials for various applications, including thermal insulation, electric vehicle batteries, and bio-based products. As a result of this partnership, aerogel-it will exclusively distribute and market Oryza aerogel thermal insulation products for the Building & Construction industry in the DACH region and the EV Safe heat shield products for the European Automotive market. Oryza aerogel provides space-saving, energy-efficient thermal insulation for new builds and renovation projects and plays a crucial role in protecting electric vehicle batteries from thermal runaways. This collaboration enhances Beerenberg's portfolio of cost-effective and sustainable solutions by incorporating Oryza aerogel.
In a significant development dated April 2023, Autoneum Holding AG, a reputable Switzerland-based manufacturer focusing on vehicle acoustic and thermal insulation solutions, completed the acquisition of Borgers Automotive, marking a strategic expansion of Autoneum's product portfolio. This undisclosed acquisition enables Autoneum to incorporate textile-based acoustic and insulation materials, including heat shields, aligning seamlessly with Autoneum's objectives for sustainable product manufacturing. Borgers Automotive, a Germany-based automotive parts manufacturer renowned for its expertise in heat insulation and acoustics, bolsters Autoneum's capabilities in offering a wider range of heat shield solutions, further consolidating its position in the market.
Major companies operating in the automotive heat shield market include Autoneum Nittoku Pvt. Ltd., Carcoustics, Dana Incorporated, ElringKlinger AG, Lydall Inc., Morgan Advanced Materials plc, Tenneco Inc., UGN Inc., Covpress Ltd, DuPont de Nemours, Inc., Happich GmbH, Sumitomo riko Co. Ltd., Talbros Automotive Components Ltd., Ningbo Tuopu Group, Zhuzhou Times New Material Technology Co., Ltd., Zircotec Ltd., NICHIAS Corporation, Adient PLC, Aisin Corporation, BorgWarner Inc., Continental AG, Denso Corporation, Hitachi Astemo, Ltd., JTEKT Corporation, Parker Hannifin Corporation, Robert Bosch GmbH, Compagnie de Saint-Gobain S. A, Schaeffler Technologies AG & Co. KG, Siemens AG, Sogefi Group.
The automotive heat shield serves the purpose of absorbing, reflecting, or dissipating excessive heat. A high-quality heat shield is characterized by its elevated thermal resistance and emittance. Its primary function is to safeguard vehicle components from heat, either by deflecting the heat away or absorbing it.
Two main categories of automotive heat shields exist such as metallic and non-metallic. Metallic materials encompass stainless steel, aluminum, and various alloys, while non-metallic options include materials like nylon and ceramics. Automotive heat shields come in diverse types, including single shell, double shell, and sandwich configurations. These are strategically applied to components such as exhaust systems, turbochargers, under the bonnet, engine compartments, and under the chassis. These heat shields find application across passenger cars, light commercial vehicles, and heavy commercial vehicles, with distribution occurring through both OEM and aftermarket channels to reach customers.
The automotive heat shield market research report is one of a series of new reports that provides automotive heat shield market statistics, including automotive heat shield industry global market size, regional shares, competitors with a automotive heat shield market share, detailed automotive heat shield market segments, market trends and opportunities, and any further data you may need to thrive in the automotive heat shield industry. This automotive heat shield market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Asia-Pacific was the largest region in the automotive heat shield market in 2024. Europe was the second-largest region in the automotive heat shield market share. The regions covered in the automotive heat shield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive heat shield market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The automotive heat shield market consists of sales of fixed, or rigid heat shield and flexible heat shield. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The automotive heat shield market size has grown strongly in recent years. It will grow from $14.85 billion in 2024 to $15.69 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to engine efficiency concerns, emission regulations, material advancements, performance demands.
The automotive heat shield market size is expected to see strong growth in the next few years. It will grow to $21.04 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to electric vehicle growth, autonomous vehicles, global climate concerns, advanced manufacturing techniques. Major trends in the forecast period include integration of smart technologies, customization and personalization, sustainable solutions.
The automotive heat shield market is experiencing a notable surge due to a heightened emphasis on lightweight heat shields constructed from advanced materials. These shields, characterized by their reduced weight, not only contribute to a lighter vehicle but also enhance overall efficiency. Their thermal protective properties offer improved car performance compared to heavier alternatives. Citing insights from the Office of Energy Efficiency & Renewable Energy, even a modest 10% reduction in vehicle weight can yield fuel savings between 6-8%. The utilization of lightweight components and efficient engines in a significant portion of the US fleet is projected to potentially conserve up to 5 billion gallons of fuel annually by 2030. Furthermore, innovations like lightweight heat shields insulated with melamine foam, capable of withstanding temperatures up to 1000 °F, and hydrophobic melamine foam-based shields for targeted heat management rated up to 800 °F, boasting 98% reflectivity, are driving a growing focus on these fuel-efficient and thermally protective solutions, thereby fostering expansion within the automotive heat shield market.
The increasing adoption of electric vehicles (EVs) is significantly driving the growth of the automotive heat shield market in the coming years. An electric vehicle is powered by one or more electric motors or traction motors. The expansion of the electric vehicle market is creating a demand for specialized heat shields for battery thermal management systems, as the batteries and other components in electric vehicles generate heat that needs to be regulated and dissipated using heat shields. For example, in March 2024, the International Energy Agency, a France-based intergovernmental organization, reported that approximately 14 million electric cars were registered worldwide in 2023, representing a 35% increase from the 10.5 million registered in 2022. Electric vehicles accounted for 18% of total car sales in 2023, up from 14% in 2022. This growth indicates strong momentum in the EV market, with weekly registrations in 2023 surpassing 250,000. Battery electric vehicles made up 70% of the total electric car stock in 2023. Consequently, the rise of electric vehicles will drive the automotive heat shield market.
A notable trend within the realm of automotive heat shields involves the rising prominence of soundproof shields, aligning with governmental regulations targeting noise reduction. Autoneum, a leading Swiss-based manufacturer specializing in vehicle thermal insulation and acoustics, has introduced innovative acoustic heat shields based on their RIMIC technology. These shields effectively mitigate noise emissions by converting airborne sound into thermal energy and subsequently absorbing it. Specifically designed to absorb high-frequency sounds ranging between 2-6 kHz, these shields have found adoption among various prominent car manufacturers such as BMW, Mercedes Benz, and Volvo, reflecting a growing industry trend towards meeting regulatory noise standards through advanced heat shield solutions.
Major companies in the automotive heat shield market are pursuing a strategic partnership approach to support microbusinesses and microfinance institutions. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For example, in September 2023, Beerenberg, a Norway-based provider of maintenance and modification services, teamed up with aerogel-it, a Germany-based manufacturer of aerogel materials for various applications, including thermal insulation, electric vehicle batteries, and bio-based products. As a result of this partnership, aerogel-it will exclusively distribute and market Oryza aerogel thermal insulation products for the Building & Construction industry in the DACH region and the EV Safe heat shield products for the European Automotive market. Oryza aerogel provides space-saving, energy-efficient thermal insulation for new builds and renovation projects and plays a crucial role in protecting electric vehicle batteries from thermal runaways. This collaboration enhances Beerenberg's portfolio of cost-effective and sustainable solutions by incorporating Oryza aerogel.
In a significant development dated April 2023, Autoneum Holding AG, a reputable Switzerland-based manufacturer focusing on vehicle acoustic and thermal insulation solutions, completed the acquisition of Borgers Automotive, marking a strategic expansion of Autoneum's product portfolio. This undisclosed acquisition enables Autoneum to incorporate textile-based acoustic and insulation materials, including heat shields, aligning seamlessly with Autoneum's objectives for sustainable product manufacturing. Borgers Automotive, a Germany-based automotive parts manufacturer renowned for its expertise in heat insulation and acoustics, bolsters Autoneum's capabilities in offering a wider range of heat shield solutions, further consolidating its position in the market.
Major companies operating in the automotive heat shield market include Autoneum Nittoku Pvt. Ltd., Carcoustics, Dana Incorporated, ElringKlinger AG, Lydall Inc., Morgan Advanced Materials plc, Tenneco Inc., UGN Inc., Covpress Ltd, DuPont de Nemours, Inc., Happich GmbH, Sumitomo riko Co. Ltd., Talbros Automotive Components Ltd., Ningbo Tuopu Group, Zhuzhou Times New Material Technology Co., Ltd., Zircotec Ltd., NICHIAS Corporation, Adient PLC, Aisin Corporation, BorgWarner Inc., Continental AG, Denso Corporation, Hitachi Astemo, Ltd., JTEKT Corporation, Parker Hannifin Corporation, Robert Bosch GmbH, Compagnie de Saint-Gobain S. A, Schaeffler Technologies AG & Co. KG, Siemens AG, Sogefi Group.
The automotive heat shield serves the purpose of absorbing, reflecting, or dissipating excessive heat. A high-quality heat shield is characterized by its elevated thermal resistance and emittance. Its primary function is to safeguard vehicle components from heat, either by deflecting the heat away or absorbing it.
Two main categories of automotive heat shields exist such as metallic and non-metallic. Metallic materials encompass stainless steel, aluminum, and various alloys, while non-metallic options include materials like nylon and ceramics. Automotive heat shields come in diverse types, including single shell, double shell, and sandwich configurations. These are strategically applied to components such as exhaust systems, turbochargers, under the bonnet, engine compartments, and under the chassis. These heat shields find application across passenger cars, light commercial vehicles, and heavy commercial vehicles, with distribution occurring through both OEM and aftermarket channels to reach customers.
The automotive heat shield market research report is one of a series of new reports that provides automotive heat shield market statistics, including automotive heat shield industry global market size, regional shares, competitors with a automotive heat shield market share, detailed automotive heat shield market segments, market trends and opportunities, and any further data you may need to thrive in the automotive heat shield industry. This automotive heat shield market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Asia-Pacific was the largest region in the automotive heat shield market in 2024. Europe was the second-largest region in the automotive heat shield market share. The regions covered in the automotive heat shield market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive heat shield market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The automotive heat shield market consists of sales of fixed, or rigid heat shield and flexible heat shield. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Heat Shield Market Characteristics3. Automotive Heat Shield Market Trends and Strategies4. Automotive Heat Shield Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Automotive Heat Shield Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Automotive Heat Shield Market34. Recent Developments in the Automotive Heat Shield Market
5. Global Automotive Heat Shield Growth Analysis and Strategic Analysis Framework
6. Automotive Heat Shield Market Segmentation
7. Automotive Heat Shield Market Regional and Country Analysis
8. Asia-Pacific Automotive Heat Shield Market
9. China Automotive Heat Shield Market
10. India Automotive Heat Shield Market
11. Japan Automotive Heat Shield Market
12. Australia Automotive Heat Shield Market
13. Indonesia Automotive Heat Shield Market
14. South Korea Automotive Heat Shield Market
15. Western Europe Automotive Heat Shield Market
16. UK Automotive Heat Shield Market
17. Germany Automotive Heat Shield Market
18. France Automotive Heat Shield Market
19. Italy Automotive Heat Shield Market
20. Spain Automotive Heat Shield Market
21. Eastern Europe Automotive Heat Shield Market
22. Russia Automotive Heat Shield Market
23. North America Automotive Heat Shield Market
24. USA Automotive Heat Shield Market
25. Canada Automotive Heat Shield Market
26. South America Automotive Heat Shield Market
27. Brazil Automotive Heat Shield Market
28. Middle East Automotive Heat Shield Market
29. Africa Automotive Heat Shield Market
30. Automotive Heat Shield Market Competitive Landscape and Company Profiles
31. Automotive Heat Shield Market Other Major and Innovative Companies
35. Automotive Heat Shield Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Automotive Heat Shield Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive heat shield market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for automotive heat shield? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive heat shield market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Material Type: Metallic; Non-metallic2) By Vehicle Type: Passenger Car; Light Commercial Vehicle; Heavy Commercial Vehicle
3) By Product Type: Single Shell; Double Shell; Sandwich
4) By Application: Exhaust System Heat Shield; Turbocharger Heat Shield; Under Bonnet Heat Shield; Engine Compartment Heat Shield; Under Chassis
5) By Sales Channel: OEM; Aftermarket
Subsegments:
1) By Metallic: Aluminum Heat Shields; Stainless Steel Heat Shields; Copper Heat Shields2) By Non-metallic: Fiberglass Heat Shields; Ceramic Heat Shields; Composite Heat Shields; Thermal Insulating Mats
Key Companies Mentioned: Autoneum Nittoku Pvt. Ltd.; Carcoustics; Dana Incorporated; ElringKlinger AG; Lydall Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Automotive Heat Shield market report include:- Autoneum Nittoku Pvt. Ltd.
- Carcoustics
- Dana Incorporated
- ElringKlinger AG
- Lydall Inc.
- Morgan Advanced Materials plc
- Tenneco Inc.
- UGN Inc.
- Covpress Ltd
- DuPont de Nemours, Inc.
- Happich GmbH
- Sumitomo riko Co. Ltd.
- Talbros Automotive Components Ltd.
- Ningbo Tuopu Group
- Zhuzhou Times New Material Technology Co., Ltd.
- Zircotec Ltd.
- NICHIAS Corporation
- Adient PLC
- Aisin Corporation
- BorgWarner Inc.
- Continental AG
- Denso Corporation
- Hitachi Astemo, Ltd.
- JTEKT Corporation
- Parker Hannifin Corporation
- Robert Bosch GmbH
- Compagnie de Saint-Gobain S. A
- Schaeffler Technologies AG & Co. KG
- Siemens AG
- Sogefi Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | January 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 15.69 Billion |
Forecasted Market Value ( USD | $ 21.04 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |