Asia-Pacific automotive heat shield market is projected to grow at a significant CAGR during the forecast period (2020-2026). There are several pivotal factors that are driving growth of the automotive heat shield market in the region includes the rising disposable income in the region, augmenting the sales of automotive in the region. China contributes the major share in the automotive heat shield market. China is largest producer and consumer of automotive across the globe, as per OICA (International Organization of Motor Vehicle Manufacturers). The presence of number of automotive contract manufacturing organizations in Asia-Pacific, especially in China, further contributes to the growth of the automotive heat shield market in the region.
Browse the full report description of "Asia-Pacific Automotive Heat Shield Market Size, Share & Trends Analysis Report by Type (Single Shell, Double Shell, and Sandwich), by Application (Engine Compartment, Exhaust Compartment, Turbocharger, and Others), by Vehicle Type (Passenger Vehicles and Commercial Vehicles) and Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/asia-pacific-automotive-heat-shield-market
Moreover, India, Japan, and Indonesia are expected to project a considerable growth in the automotive heat shield market during the forecast period. The expansion of production units of global market players in Asia-Pacific economies, backed by the presence of huge electronics industry in China and low labor cost are further driving the demand for automotive heat shield in Asia-Pacific. With the rise in the disposable income and ease of FDI in India, the automotive manufacturers are expanding their production base in India, owing to which, a considerable growth can be projected for automotive heat shield market in Asia-Pacific during the forecast period,
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Report Elements |
Details |
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Study Period |
2019-2026 |
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Base year |
2019 |
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Forecast period |
2020-2026 |
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Segments Covered |
By Product Type, by Application, and by
Vehicle Type |
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Regions Covered |
China, India, Japan, Rest of
Asia-Pacific |
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Key Companies Profiled |
Dana Inc., Lydall Inc., ElringKlinger AG, Autoneum Holding AG, and
Talbros Automotive Components Ltd. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID-19 forecast
o Most affected country/segment
o Recommendations
Asia-Pacific Automotive Heat Shield Market – Segmentation
By Product Type
By Application
By Vehicle Type
Asia-Pacific Automotive Heat Shield Market – Segmentation by Geography
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