Automotive Heat Shield Market Size - By Product, By Vehicle, By Material, By Sales Channel, By Application, Analysis, Share, Growth Forecast, 2024 - 2032

Automotive Heat Shield Market Size

The global automotive heat shield market size was valued at USD 11.7 billion in 2023 and is projected to grow at a CAGR of 5.2% between 2024 and 2032. The increasing use of turbochargers in gasoline and diesel engines is driving demand for specialized heat shields. Turbochargers, operating at temperatures often exceeding 1000°C, require robust thermal management. Heat shields protect engine components and vehicle structures, ensuring durability and preventing heat-related issues. They also maintain turbocharger efficiency by minimizing heat loss.

For instance, according to GMI, The automotive turbocharger market was valued at USD 17 billion in 2022 and is expected to grow at a CAGR of over 8% from 2023 to 2032. Increased automobile production and sales will drive this growth. As turbochargers become more common for improved engine performance and efficiency, the need for advanced heat shield solutions is growing, driving innovation in this market segment. 
 

Rising consumer expectations for vehicle comfort and safety are boosting the demand for better thermal management solutions. Heat shields enhance passenger comfort by preventing heat transfer to the vehicle cabin, crucial in hot climates and high-performance vehicles. Additionally, they improve vehicle safety by protecting flammable components from heat sources, reducing fire risks. As automakers compete to offer superior comfort and safety features, the demand for advanced heat shield solutions continues to grow.
 

Automotive Heat Shield Market Trends

3D printing technology is revolutionizing automotive heat shield production. It enables rapid prototyping and the creation of complex geometries, which traditional methods cannot achieve. This technology customizes heat shield designs for specific vehicle models, enhancing thermal efficiency and performance. Additionally, 3D printing reduces material waste and production costs, making it both sustainable and economically viable. As its adoption grows, 3D printing is expected to streamline manufacturing and drive innovation in heat shield design.
 

For instance, in January 2024, APWORKS partnered with Farsoon to leverage the FS422M-4 additive manufacturing machine, accelerating sustainable part production with Scalmalloy. The FS422M-4, featuring 4 lasers and a 425 mm x 425 mm x 550 mm printing area, meets APWORKS' high-quality serial production standards. This collaboration represents a significant advancement in additive manufacturing, offering reliable and sustainable metal component solutions.
 

Volatile prices of raw materials like metals, ceramics, and composites, driven by automotive heat shield market demand, supply chain disruptions, and geopolitical factors, impact the profitability and pricing strategies of heat shield manufacturers. Effective procurement management and exploring alternative materials or suppliers are essential to maintain competitive pricing. Additionally, the focus on sustainability may increase costs for eco-friendly materials, complicating cost management further.
 

Automotive Heat Shield Market Analysis

Based on product, the market is segmented into single shell, double shell, and sandwich. In 2023, the single shell segment accounted for over 45% of the market share and is expected to exceed USD 8 billion by 2032. Single-shell heat shields effectively protect automotive components, such as exhaust systems and engine parts, from thermal damage. While they don't insulate multi-layer shields, they sufficiently prevent heat transfer for many applications.
 

For instance, In January 2024, Oerlikon introduced a heat shield made from a multi-layer material with a specialized design. This shield features temperature resistance up to 1400 °C, strong mechanical durability against hot gas particle impacts and excellent thermal insulation. This makes them suitable for vehicles requiring reliable heat management without advanced materials or complex designs. As vehicle designs evolve, the balance between performance and cost will drive demand for single-shell solutions.
 

Based on the vehicle, the automotive heat shield market is divided into passenger vehicles and commercial vehicles. By 2032, the passenger vehicles segment is expected to exceed USD 13.5 billion due to several key factors. Consumers' focus on comfort and safety in vehicle purchases is prompting manufacturers to enhance thermal management solutions.
 

Heat shields improve passenger comfort by reducing cabin heat from engine components and exhaust systems, enhancing the driving experience. They also protect sensitive components, ensuring safe vehicle operation under various conditions. As safety ratings and comfort features become critical in consumer decisions, the demand for reliable heat shields in passenger vehicles is driving market growth.
 

Innovations in automotive design and engineering are significantly increasing the demand for advanced heat shields. Modern vehicles with high-performance engines, turbochargers, and electric powertrains generate substantial heat. Automakers are adopting sophisticated thermal management solutions, including lightweight and efficient heat shields made from advanced materials. These innovations enhance engine performance, fuel efficiency, and lower emissions. The continuous drive for improved vehicle performance and safety standards is integrating advanced heat shielding solutions in passenger vehicles.
 

China automotive heat shield market accounted for over 40% revenue share in 2023. China's automotive sector is transforming, led by domestic automakers like BYD and NIO. These companies are heavily investing in R&D, focusing on advanced materials and manufacturing techniques for components such as heat shields. As they expand their product lines, the demand for high-performance heat shields that address the thermal challenges of new engine technologies and electric drivetrains is increasing, driving market growth.
 

In North America, the automotive market is adopting advanced materials for heat shields, including composites and ceramics. These materials offer superior thermal insulation, lightweight properties, and durability, enhancing vehicle performance. Automakers are prioritizing lightweight heat shields to improve fuel efficiency. Innovations in materials technology are enabling manufacturers to develop efficient heat management solutions for modern engines.
 

Europe's automotive industry is rapidly shifting towards sustainable mobility, focusing on electric and hybrid vehicles. This transition requires advanced thermal management solutions, such as heat shields, to protect critical components from excessive heat. As automakers work to improve battery efficiency and safety in EVs, the demand for high-quality heat shields for electric drivetrains is growing. Government policies promoting green technologies are further driving innovation in heat shield designs and materials.
 

Automotive Heat Shield Market Share

Autoneum, Dana, and Lydall collectively held a substantial market share of over 12% in the automotive heat shield industry in 2023. Autoneum focuses on developing lightweight heat shields to reduce vehicle weight. Utilizing advanced materials like composites and foams, the company aims to improve fuel efficiency and meet stringent emissions standards. Committed to sustainability, Autoneum incorporates recycled materials and enhances manufacturing processes to minimize environmental impact, aligning with the automotive industry's shift towards greener technologies.
 

Dana has expanded its product portfolio by integrating thermal management solutions, including advanced heat shields for internal combustion engines and electric vehicles. This diversification allows Dana to cater to a broader customer base and range of applications. Lydall is expanding its presence in the market through strategic acquisitions and product diversification. This strategy enables entry into new markets and strengthens their thermal management capabilities.
 

Automotive Heat Shield Market Companies

Major players operating in the automotive heat shield industry are:

• Autoneum
• Boyd
• Dana
• ElringKlinger
• Freudenberg Sealing Technologies
• Heatshield Products
• Lydall
• Morgan Advanced Materials
• Sumitomo Riko
• Tenneco
   

Automotive Heat Shield Industry News

• In October 2024, The CERTINA Group signed a purchase agreement to acquire two thermal and acoustical shielding plants from ElringKlinger AG, located in Sevelen, Switzerland, and Buford, USA. The agreement, signed on October 7, 2024, is expected to close by year-end. This acquisition strengthens CERTINA's market position and technological expertise in high-temperature solutions.
   
• In March 2024, Autoneum announced the expansion of its production capacities in Asia with new plants in Changchun, China, and Pune, India. This move aligns with Autoneum's strategy for profitable growth in Asian markets. By enhancing its presence in these key automotive hubs, Autoneum aims to better serve both international and local vehicle manufacturers with its lightweight noise and heat protection components.  
   

The automotive heat shield market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn), and volume (Units) from 2021 to 2032, for the following segments:

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Market, By Product

• Single shell
• Double shell
• Sandwich

Market, By Vehicle

• Passenger vehicles
• Commercial vehicles

Market, By Material

• Metallic
• Ceramic
• Composite

Market, By Sales Channel

• OEM
• Aftermarket

Market, By Application

• Underbody heatshield
• Engine
• Exhaust
• Turbocharger
• Transmission

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • UAE
  • Saudi Arabia
  • South Africa