Global Heat Shields Market is Projected to Reach $5.8 Billion by 2030 at a CAGR of 4.6%

DUBLIN, June 13, 2023 /PRNewswire/ — The “Heat Shields – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

The global market for Heat Shields estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$5.8 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030.

Non-Metallic, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$4.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Metallic segment is readjusted to a revised 4.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.7% CAGR

The Heat Shields market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Select Competitors (Total 44 Featured) –

  • Autoneum Holding Ltd.
  • Dana Holding Corporation
  • ElringKlinger AG
  • Lydall Inc.
  • Morgan Advanced Materials PLC
  • Ugn Inc.
  • Zircotec Ltd.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Integration of Heat Shields with Other Vehicle Components Drives the Automotive Heat Shield Market
  • Rigid Heat Shield – The Largest Product Segment
  • Asia-Pacific – The Fastest Growing Region
  • PRODUCT OVERVIEW
  • Heat Shield – Protecting Structures from Extreme Temperatures
  • Automotive Heat Shield
  • Aircraft Heat Shield
  • Spacecraft Heat Shield
  • Defense Heat Shield
  • Heat Shields for Marine Applications
  • Heat Shields for Industrial Applications
  • Heat Shields for Cookware
  • Metal Matrix, Fiber-Metal and Ceramic Matrix Composites – Ideal for Aerospace Applications
  • Heat Shield – Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • InflaTable Shields for Spacecraft
  • Flexible Heat-Shield System from NASA in the Works
  • Alternate Heat Shield Concept for Spacecraft
  • New Heat Shield Technology to Enable Heliophysics Mission-the Solar Probe Plus
  • NASA Tests Foldable Heat Shield

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/1qko83

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SOURCE Research and Markets

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