Transparency Market Research has released a new market report titled “Automotive Heat Shield Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” According to the report, the global automotive heat shield market is expected to expand at a CAGR of more than 3% during the forecast period.
Internal combustion engine is a
tremendous heat-producing component of the vehicle. The heat generated
by the engine can damage the parts surrounding it. Exhaust manifold,
turbochargers, exhaust pipes, and catalytic converters are major sources
of heat in a vehicle. The heat emitted by these components needs to be
diverted in order to avoid any kind of damage to the adjoining sensitive
components. Heat shields plays a vital role in the vehicle, either by
deflecting or absorbing the heat generated by the components in order to
avoid any damage to the other components.
Heat shields effectively enhance the
performance and efficiency of the engine at considerably high
temperature, which is primarily driving the global automotive heat
shield market. Stringent emission norms, raised awareness among
consumers, and increase in global warming due to increased pollution
level are prompting vehicle manufacturers and consumers to install
add-on accessories in vehicles in order to enhance engine performance
and subsequently reduce pollution levels. This, in turn, is fueling the
demand for vehicle performance boosting accessories, such as
turbochargers, and emission control devices, such as exhaust gas
recirculation techniques.
These accessories produce a large amount
of heat that needs to be regulated in order to achieve optimum
performance of the adjoining components. Therefore, increase in demand
for turbochargers and other emission control devices is fueling the
demand for automotive heat shields. Raised per capita income and
increased awareness among consumers is fueling the demand for vehicles
and in-vehicle safety, which in turn is boosting the demand for heat
shields.
The global automotive heat shield market
is primarily restrained by the rapid rise in demand for battery electric
vehicles, which do not require a heat shield. Battery electric vehicles
do not have any component that produces heat, therefore, heat shields
are not required for battery electric vehicles.
Heat shields are primarily utilized with
major heat generating components such as exhaust manifold and header,
catalytic converter, exhaust pipe, turbochargers, and spark plug.
Moreover, heat shields are also preferred to protect sensitive
components such as fuel lines, electric wiring, and oil lines. The
exhaust manifold and header are intentionally covered with a reflective
heat shield that traps heat near the exhaust manifold and header in
order to keep it hot. Higher temperature of exhaust manifold and header
enhances the scavenging capabilities of the engine, which results in
overall increase in engine performance and efficiency.
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