The North American 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 high disposable income in the region, especially in the US, augments the global sales of automotive in the country. Moreover, significant demand for luxurious passenger vehicles and increasing adoption rate of electric passenger vehicles and commercial vehicles are some other factors driving the growth of the automotive heat shield market in the region, especially in the US.
Browse the full report description of "North America 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/north-american-automotive-heat-shield-market
Moreover, the strict regulations imposed by the US Environmental Protection Agency (US EPA) regarding the hot surface ignition in vehicles further contributes to the growth of the market in the region. Along with this, the government regulations for the deployment of components to enhance safety features in vehicles are practiced in the region, owing to which, the deployment of heat shields in automotive have increased significantly in the region in the past few years. Moreover, with the introduction of unmanned vehicles by several companies, such as Tesla Inc., will contribute in the increase in the demand for automotive heat shield in the region.
Market Coverage
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Report Elements |
Details |
|
Study Period |
2019-2026 |
|
Base year |
2019 |
|
Forecast period |
2020-2026 |
|
Segments Covered |
By Product Type and by End-User Industry |
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Regions Covered |
US and Canada |
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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
North American Automotive Heat Shield Market – Segmentation
By Product Type
By Application
By Vehicle Type
North American Automotive Heat Shield Market – Segmentation by Geography
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