North America Automotive Heat Shield Market Size Is Projected To Reach USD 2.60 Billion By 2028
San Francisco, 16 March 2022: The Report North America Automotive Heat Shield Market Size, Share & Trends Analysis Report By Product, By Application, By Material, By Vehicle-type, By Region, And Segment Forecasts, 2021 - 2028 The North America automotive heat shield market size is expected to reach USD 2.60 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.6% from 2021 to 2028. Increasing adoption of electric vehicles coupled with need for improved thermal management in the IC engines to boost engine efficiency is expected to propel demand for the automotive heat shields in the coming years. The increased adoption of electric and hybrid electric vehicles is one of the prime factors likely to contribute to the growth of the market over the forecast period. For instance, in 2019, the U.S. electric car manufacturer Tesla delivered 367,500 electric vehicles worldwide, whereas, i...