Automotive Heat Shield Market

Global Automotive Heat Shield Market Size

The global automotive heat shield market was valued at USD 13.41 billion in 2024 and is anticipated to reach a valuation of USD 13.87 billion in 2025, from USD 18.18 billion by 203,3, growing at a CAGR of 3.44% during the forecast period from 2025 to 2033.

An automotive heat shield, as the name suggests, is meant to protect a substance from absorbing excessive heat from an outside source by dissipating, reflecting, or absorbing the warmth. It's often used as a sort of exhaust heat management. Thanks to large amounts of warmth given by combustion engines, heat shields are used on most engines to guard components and bodywork against heat damage. Even in protection, effective heat shields can provide performance benefits by reducing the under-bonnet temperatures and the intake temperature. The elements of a vehicle that develop high temperatures require proper heat shielding solutions. The sophistically designed shielding solutions to assist vehicles in line with an increase in the capacity of vehicles' combustion engines generate an outsized amount of warmth, ch will damage the vehicles' other components and bodywork.

The global automotive heat shield market is primarily driven by the rising demand for fuel-efficient vehicles, increased vehicle production, growing safety concerns, and the high adoption rate of advanced electrical and electronic components in cars.

MARKET DRIVERS

The automotive heat shield market is mostly hooked into vehicle production. Despite the increasing popularity of EVs, the assembly of ICE vehicles has increased to bridge the demand and fill the gap. Hybrid and plug-in hybrids, which are fuel-efficient vehicles, have also gained popularity. The increasing production of HEV, PHEV, and ICE vehicles is predicted to trigger the expansion of the global automotive heat shield market. Vehicle production is growing across the world due to several factors, like the growing demand for passenger cars, an increase in purchasing power, and capacity expansion by OEMs, particularly in emerging economies.

MARKET RESTRAINTS

The key restraint for the market is that the replacement part is overpriced, and therefore, the exhaust has to be possibly removed to suit the new protective covering. The aftermarket prices for the automotive heat shields are 1.5 times more than the OEM prices of an equivalent. Although it's recommended to vary the warmth shields every 100,000 to 150,000 kilometers, many car owners don't generally like to replace the old one with a replacement protective covering due to the cost or lack of awareness.

REPORT COVERAGE

SEGMENT ANALYSIS

By Heat Application Insights

The application segment of the worldwide automotive heat shield market has witnessed significant growth, which may be attributed to the sales of high-performance cars, both within the OEM & aftermarket segments. High speed and raw power define the performance of those cars, which is why these automobiles require effective protective covering solutions for ensuring safety. Increasing strength and speed increase the warmth generated by crucial components like engine parts and, therefore, the exhaust. Automotive heat shields play an essential role in preventing heat generation within the inside of the vehicle, thereby ensuring driver safety and enhancing vehicle performance. Luxury and sports models are equipped with efficient and high-quality heat shields to ensure advanced temperature control with less space utilization and enhanced safety and sturdiness of components.

By Vehicle Insights

The passenger car segment is estimated to carry the most crucial share of the automotive heat shield market, by vehicle type, during the forecast period. The expansion of the sector is often attributed to high vehicle production of passenger cars, rising demand for fuel-efficient vehicles, increasingly stringent emission norms, and increased use of advanced technologies and electronic components. High demand for private mobility, increasing per capita income, and improved lifestyle are driving the sales of passenger cars. Also, the adoption of advanced technologies continues to be high for passenger cars as compared to commercial vehicles.

By Electric Vehicle Insights

The growth and success of BEVs are hooked into innovations within battery technology. Thus, many automotive players are taking the initiative to develop battery technology. Tesla announced its plans to supply a complete 35 GWh battery capacity annually at its Gigafactory in Nevada, US. Hence, developments and innovations within the field of battery technology are expected to spice up the marketplace for automotive heat shielding in BEVs.

REGIONAL ANALYSIS

The Asia Pacific heat shield market is estimated to be the fastest-growing in the international marketplace. The market growth within the region is often attributed to the increased vehicle production, growing automotive safety concerns, and the high demand for luxury vehicles in Japan, India, China, and South Korea. Also, the assembly expansions made by automobile manufacturers to satisfy the rising consumer demand globally, increasing use of advanced electronics, and growing demand for fuel-efficient vehicles are likely to spice up the automotive heat shield market within the region.

KEY MARKET PLAYERS

Laird (UK), ElringKlinger (Germany), Federal-Mogul (US), Morgan Advanced Materials (UK), Dana (US), Henkel (Germany), Kitagawa (Japan), Schaffner (Switzerland). These are the market players that are dominating the global automotive heat shield market.

RECENT HAPPENINGS IN THE MARKET

• A brand under the Germany-based Freudenberg Group, Freudenberg Sealing Technologies, has developed an innovative protective covering to be used in prismatic and pouch cells with almost no impact on the specified installation space. It's claimed that with the mixture of high heat resistance of silicone-based elastomer with the top insulating properties of air, the warmth forms a damaged cell that remains insulated until it is often drained away.
• IDI Composites International and their 3i Composite Technology Center were contacted to formulate a compound that might replace a standard metal material to satisfy the demanding applications required by an impression/protective covering on various models of passenger cars.
• Engine downsizing strategies and, therefore, the proliferation of turbocharging create a requirement for more uncomplicated and lightweight thermal management products to guard heat-sensitive electronics and materials under the bonnet.

MARKET SEGMENTATION

This research report on the global automotive heat shield market is segmented and sub-segmented into the following categories.

By Shielding Type

• EMI Shielding
• Heat Shielding

By Material Type

• Metallic
• Non-Metallic

By Heat Application

• Engine Compartment
• Exhaust System
• Turbocharger

By EMI Application

• Adaptive Cruise Control
• Electric Motor
• Engine Control Module
• Forward Collision Warning
• Infotainment
• Intelligent Park Assist
• Lane Departure Warning

By Vehicle Type

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

By Region

• North America
• Europe
• Latin America
• Middle East & Africa
• Asia Pacific