Global Market Study on Automotive Heat Shield

Research methodology

Our research methodology is comprehensive and exhaustive to ensure accurate forecasting of the market.

• Product mapping of heat shields and components across the different market segments
• Breakdown of the overall business into product segments and systems under defined categories
• Comparison of available products and services of a company with other manufacturers in regional and international markets. Relative benchmarking of the company on the basis of product mapping and regional availability
• In-depth secondary research to arrive at an overall market size, top industry players, top products and industry associations
• Validation of data through extensive primary interviews with industry experts and exhaustive secondary research
• Recording and analyzing overall annual revenue of key manufacturers for 2016 on the basis of annual reports and secondary research
• Estimation of automotive heat shield sales from overall revenues of key market players

We have also analyzed the various companies’ annual reports, investor presentations, SEC filings and press releases to fetch substantial information on the market size, trends, opportunities, drivers and restraints.

Market Segmentation

By Product Type

• Single Shell
• Double Shell
• Sandwich

By Application

• Under Chassis
• Under Bonnet
• Engine Compartment
• Exhaust System
• Turbocharger

By Sales Channel

• OEM
• Aftermarket

By Material

• Non-Metallic
• Metallic

By Vehicle Type

• Passenger Car
• LCV
• HCV

By Region

• North America
• Europe
• Latin America
• Asia Pacific (APAC)
• Middle East & Africa (MEA)

Forecast assumptions and market sizing

When developing the market forecast, we have started by sizing the current market, which forms the basis for forecasting how the market is anticipated to perform in future. We have considered the product-wise Weighted Average Selling Price (ASP) to deduce market values at a regional level. We have used the bottom-up approach to assess market numbers for each product category, while top-down approach has been used to counter validate the market estimations. Macroeconomic indicators such as GDP, manufacturing sector growth, global trade statistics and household final expenditure have been considered. All values for market size are indicated in US$ Mn (US Dollar-Million) and volume data is indicated in thousand units.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organization of all sizes.