Automotive Heat Shield Market To Witness A Significant Growth Of USD 17.3 Billion By 2030
San Francisco, 17 Nov 2023: The Report Automotive Heat Shield Market Size, Share & Trends Analysis Report By Product (Single Shell, Double Shell, Sandwich), By Application, By Material, By Vehicle Type, By Region, And Segment Forecasts, 2023 - 2030 The global automotive heat shield market size is expected to reach USD 17.3 billion by 2030, registering a CAGR of 4.6% during the forecast period, according to a new report by Grand View Research, Inc. Growing product utilization in the production of modern-day electric vehicles to improve heat dissipation is expected to drive the market over the forecast period. The rise in demand for electric vehicles is expected to have a positive impact on product demand. Rising product utilization to dissipate the heat generated by the battery pack, coupled with the rising focus on improving the travel range of the electric vehicles, is expected to drive the market over the forecast period. Growing regulatory support in the form of rebates and