QYResearch: Global Automotive Heat Shield Market Research Report 2017 Overview
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QYResearch A heat shield is designed to shield a substance from absorbing excessive heat from an outside source by either dissipating, reflecting or simply absorbing the heat. It is often used as a form of exhaust heat management.
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QYResearch The global revenue of the automotive heat shield is about 10 billion USD in 2016, the CAGR is 6.6% 2012-2022, the China is the largest production region, it occupies about 30% market share in 2016, the North America occupies about 19% market share, the Japan & Korea occupies about 22% market shareďź› According to QYResearch, The global consumption of the automotive heat shield is about 10.4 billion USD in 2016, the CAGR is 6.6%, the Europe is the largest consumption region, it occupies about 26% market share in 2016, the North America occupies about 20% market share, the Japan & Korea occupies about 15% market share; www.qyresearch.com
QYResearch The average price of the automotive heat shield is showing downstream trend, the gross margin is about 21% in 2016; it has the similar trend with price; In the future, the total install ratio will still have increase trend, and the total consumption volume will have great influence by the automotive industries’ development.
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