Automotive Heatshield Market Growth Analysis & Forecast Report | 2020-2026

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Automotive Heatshield Market 2020-2026 Growth
Forecast Industry Share Report
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Key Insights Automotive Heatshield Market

• Globally, automotive heatshield market has
  garnered considerable momentum. With growing
  demand for lightweight and energy-efficient
  vehicles, automakers are constantly improving
  their designs to develop more compact engine
  components and systems.
• However, these design improvements have created a
  need for reliable high-temperature insulation
  products that can dissipate heat faster and
  provide superior heat shielding.

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Continued

• To keep pace with this demand, many carmakers are
  designing products that are engineered to meet
  application as well as specification
  requirements. According to a research report
  compiled by Global Market Insights, global
  automotive heatshield market size is projected to
  cross an annual valuation of over US2.5 billion
  by 2026. The product demand can be mainly
  attributed to the need for lightweight automotive
  components and reliable thermal insulation
  products in order to maximize fuel efficiency.
• DuPont, Dana Limited, Autoneum Holding AG, Lydall
  Inc, Morgan Advanced Material, Tenneco, AK Steel
  Corporation, HKO Group, Persico S.p.a., Zircotec,
  Elringklinger AG, Estamp Int, Frenzelit, and
  RGBSI are a few prominent names in the industry.
  These companies are actively investing in new
  product development and expansion of production
  facilities to cater to the surging product demand
  and expand their market presence.

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Major Companies Automotive Heatshield Market

• AAEON Technology Inc.
• ADLINK Technology Inc.
• Advantech Co.Ltd.
• Amazon Web Services Inc. (AWS)
• Avnet Inc

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Regional Automotive Heatshield Market

• In terms of the regional outlook, Europe
  accounted for more than 25 revenue share of
  global automotive heatshield industry in 2019.
  Germany, Russia, and Spain have observed a
  substantial rise in domestic automotive
  production over the past few years.
• The region is home to some of the worlds top
  automakers and automotive OEMs who are focusing
  on integration of advanced technologies such as
  compact engine components and turbochargers into
  vehicles.

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