Splash Shield Market Forecast and Segments, 2016-2026
Water and debris often strike a vehicle from underneath, accelerating corrosion and deterioration of vital components. A splash shield is a removable device mounted externally on a vehicle engine or a disc brake system to protect the engine, alternator, drive belts, disks and other parts from being assaulted by water and other debris. Not only it gives the vehicle an extra degree of protection but also contributes to proper airflow to cool the engine. A splash shield is continuously exposed to all kind of road debris and other elements, hence is generally made from high density polyethylene or polyurethane materials. Along with the device is also designed to fit most vehicle makes and models for a quick and easy to do installation. Most of the splash shields are manufactured according to OE specification, and are perfect for the most extreme conditions. The importance of splash shield is indisputable and today the market is full of heavy-duty aftermarket splash shields too. The global splash shield market is anticipated to witness a lucrative growth at a healthy CAGR throughout the forecast period.
Water and debris often strike a vehicle from underneath, accelerating corrosion and deterioration of vital components. A splash shield is a removable device mounted externally on a vehicle engine or a disc brake system to protect the engine, alternator, drive belts, disks and other parts from being assaulted by water and other debris. Not only it gives the vehicle an extra degree of protection but also contributes to proper airflow to cool the engine. A splash shield is continuously exposed to all kind of road debris and other elements, hence is generally made from high density polyethylene or polyurethane materials. Along with the device is also designed to fit most vehicle makes and models for a quick and easy to do installation. Most of the splash shields are manufactured according to OE specification, and are perfect for the most extreme conditions. The importance of splash shield is indisputable and today the market is full of heavy-duty aftermarket splash shields too. The global splash shield market is anticipated to witness a lucrative growth at a healthy CAGR throughout the forecast period.
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Global <strong>Splash</strong> <strong>Shield</strong><br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> <strong>Forecast</strong>,<br />
<strong>2016</strong> – <strong>2026</strong><br />
Future <strong>Market</strong> Insights<br />
www.futuremarketinsights.com<br />
sales@futuremarketinsights.com
Report Description<br />
Water <strong>and</strong> debris often strike a vehicle from underneath, accelerating corrosion <strong>and</strong><br />
deterioration of vital components. A splash shield is a removable device mounted externally on a<br />
vehicle engine or a disc brake system to protect the engine, alternator, drive belts, disks <strong>and</strong><br />
other parts from being assaulted by water <strong>and</strong> other debris. Not only it gives the vehicle an extra<br />
degree of protection but also contributes to proper airflow to cool the engine. A splash shield is<br />
continuously exposed to all kind of road debris <strong>and</strong> other elements, hence is generally made<br />
from high density polyethylene or polyurethane materials. Along with the device is also<br />
designed to fit most vehicle makes <strong>and</strong> models for a quick <strong>and</strong> easy to do installation. Most of<br />
the splash shields are manufactured according to OE specification, <strong>and</strong> are perfect for the most<br />
extreme conditions. The importance of splash shield is indisputable <strong>and</strong> today the market is full<br />
of heavy-duty aftermarket splash shields too. The global splash shield market is anticipated to<br />
witness a lucrative growth at a healthy CAGR throughout the forecast period.<br />
Global <strong>Splash</strong> <strong>Shield</strong> <strong>Market</strong>: Drivers <strong>and</strong> Restraints<br />
The continuous growth in automobile sales across the globe is anticipated to be the primary<br />
factor driving the global splash shield market in the forecast period. Additionally, as the splash<br />
shield is directly exposed to water <strong>and</strong> debris, certainly it requires a replacement after a limited<br />
time frame, <strong>and</strong> this coupled with rising awareness about engine safety <strong>and</strong> car life cycle is<br />
fueling the global splash shield aftermarket sales. In recent years the market has witnessed<br />
newer <strong>and</strong> better splash shield design that also helps in increasing the engine performance by<br />
allowing proper airflow path.
Report Description<br />
Hence these additional advantages are also expected to drive the market in the forecast period.<br />
Concurrently, with the rising cost of car engine/brake repairs, people are getting more inclined<br />
towards primary precaution tools like splash shields, henceforth driving the dem<strong>and</strong> of OE as<br />
well as after-market splash shields.<br />
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1798<br />
Global <strong>Splash</strong> <strong>Shield</strong> <strong>Market</strong>: Segmentation<br />
On the basis of application area:<br />
• Engine Components<br />
• Breaks<br />
• Others (alternator, drive belts, etc.)<br />
On the basis of type:<br />
• Single unit shields<br />
• Twin unit shields<br />
On the basis of manufacturing material:<br />
• Plastics <strong>and</strong> Fiberglass<br />
• Metals (Aluminum etc.)
Report Description<br />
On the basis of vehicle type:<br />
• Passenger Vehicles<br />
• Conventional<br />
• Electric/Hybrid<br />
• Commercial Vehicles<br />
• LCV<br />
• HCV<br />
On the basis of market type:<br />
• OEM<br />
• After-<strong>Market</strong><br />
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Global <strong>Splash</strong> <strong>Shield</strong> <strong>Market</strong>: Regional Outlook<br />
Geographically, the global splash shield market can be segmented into seven regions, namely<br />
North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan<br />
(APEJ), Japan <strong>and</strong> the Middle East <strong>and</strong> Africa (MEA). European <strong>and</strong> North American regions<br />
housing a large number of major OEM, shall dominate the global splash shield market in the<br />
forecast period. With rising number of vehicles on road the APEJ nations are anticipated to<br />
significant increase their share in the global splash shield market.
Report Description<br />
Similarly, rising FDI opportunities in China <strong>and</strong> India are urging major OEM’s to set up their<br />
manufacturing plants there, hence increasing their share of pie in the OE splash shield market in<br />
the forecast period. Japan being the hub for major manufacturing facilities of Toyota <strong>and</strong> Honda,<br />
is also holding a notable share in the forecast period.<br />
Global <strong>Splash</strong> <strong>Shield</strong> <strong>Market</strong>: Key Players<br />
The global market is dominated by Chinese <strong>and</strong> other regional manufactures. Some of them are:<br />
A.P.A Industries Inc., Crown Automotive Sales Co. Inc., Husky Liners Inc., Rugged Ridge, NuVue<br />
Products, Omix-ADA Inc., Dekar Engineers Pvt. Ltd., Hangzhou Kapaco Automotive Parts Co. Ltd,<br />
etc.<br />
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