Current Advancements in Automotive Heat Shield Market

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Automotive Heat Shield Market worth 15.1 Billion
USD by 2020
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Automotive Heat Shield Market - Global Trends
Forecasts to 2020 Automotive heat shields are
used at various locations within a vehicle to
protect the vehicle body and components from
excessive heat generated by the engine and
exhaust systems. Technological advancements have
made automotive heat shields safer and more
effective over the past few years. The global
automotive heat shield market, by value, is
projected to grow at a CAGR of 7.8 from 2015 to
2020 to reach USD 15.1 Billion by 2020.  PDF
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Asia-Pacific High-volume market The
Asia-Pacific region comprises countries such as
China, India, Japan, and South Korea. China is
estimated to dominate the market, followed by
Japan and India, in 2015. The Chinese automotive
heat shield market, in terms of volume, is
projected to grow at the highest CAGR from 2015
to 2020, followed by India and Japan. The growing
production volume of passenger cars and the
increasing demand for luxury vehicles drive the
demand for automotive heat shields in the
Asia-Pacific region. The Asia-Pacific automotive
heat shield market, by value, is projected to
grow at a CAGR of 8.4 during the forecast period.
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Turbocharger Heat Shield High growth
potential The turbocharger heat shield market,
by value, is expected to grow at the highest CAGR
of 10.1 from 2015 to 2020. This is attributed to
the increasing demand for fuel-efficient vehicles
and the growing trend of engine downsizing, which
are expected to propel the demand for
turbocharger heat shields in coming
years. RequestSample_at_ https//www.marketsandmark
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Europe accounted for the largest market share,
by value, in 2014, and is projected to lead the
market till 2020. This is credited to the high
installation rate of turbochargers in passenger
cars, precipitated by the growing trend of engine
downsizing, in the European region.
Alternatively, the North American turbocharger
heat shield market is projected to grow at the
highest rate from 2015 to 2020, owing to the
engine downsizing trend and the increasing demand
for fuel-efficient vehicles in the region.
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Browse gtgt 120 market data
tables 60 figures
169 pages and in-depth TOC on
Automotive Heat Shield Market - Global Trends
Forecasts to 2020 Early buyers will receive
10 customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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