Commercial Vehicle Heat Shield Market – Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Type (Engine Compartment, Exhaust Compartment, and Other Types), By Sales Channel (OEM’s and Aftermarket), By Vehicle Type (LCV, M&HCV), By Region and By Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 11.11 Billion
CAGR (2026-2031)	5.87%
Fastest Growing Segment	LCV
Largest Market	North America
Market Size (2031)	USD 15.64 Billion

Market Overview

The Global Commercial Vehicle Heat Shield Market will grow from USD 11.11 Billion in 2025 to USD 15.64 Billion by 2031 at a 5.87% CAGR. Commercial vehicle heat shields are specialized thermal management components designed to isolate and dissipate excessive heat generated by engines and exhaust systems, thereby protecting heat-sensitive parts and ensuring occupant safety. The market is primarily driven by stringent emission regulations that necessitate higher engine operating temperatures for efficient combustion, alongside the expanding logistics sector which fuels demand for light commercial vehicles. According to the European Automobile Manufacturers’ Association (ACEA), in 2024, new van registrations in the European Union increased by 8.3 percent, underscoring the robust demand for commercial transport solutions that support this market.

A significant challenge impeding the long-term expansion of this market is the accelerating transition toward electric mobility. Electric powertrains generate substantially less radiant heat compared to internal combustion engines, which drastically reduces the requirement for traditional exhaust and engine heat shielding systems in future commercial fleets.

Key Market Drivers

The Enforcement of Stringent Global Emission Regulations is a primary catalyst propelling the Global Commercial Vehicle Heat Shield Market. As governments worldwide implement rigorous standards such as the EPA 2027 mandate and Euro 7, commercial vehicle manufacturers are compelled to adopt advanced exhaust aftertreatment systems, including Selective Catalytic Reduction (SCR) and Diesel Particulate Filters (DPF). These technologies operate at significantly higher temperatures to incinerate pollutants effectively, creating a critical need for high-performance heat shields to protect adjacent temperature-sensitive components and maintain thermal efficiency. This regulatory pressure is directly applicable to the vast majority of the fleet, ensuring sustained demand for thermal management solutions in internal combustion engines. According to the European Automobile Manufacturers’ Association (ACEA), October 2025, diesel trucks maintained a dominant market share of 93.5 percent in the European Union during the first nine months of 2025, underscoring the continued reliance on combustion technology that requires compliance with these evolving emission rules.

Simultaneously, the Expansion of the Global Logistics and Transportation Sectors drives the volume of heat shield procurement through increased fleet manufacturing and replenishment. The rising movement of freight, particularly in emerging markets, fuels the production of light and heavy-duty commercial vehicles, which serves as the direct install base for engine and exhaust thermal insulation. This growth trend is evident in key Asian markets where logistics demand remains robust despite broader economic fluctuations. According to the China Automobile Dealers Association, September 2025, retail sales of new commercial vehicles in China reached 2.014 million units from January to August 2025, representing a year-on-year increase of 7.37 percent. This expansion in vehicle production supports the overall market scale, even as major manufacturers navigate cyclical adjustments; for instance, according to Daimler Truck, July 2025, the company delivered a substantial 106,715 trucks and buses globally in the second quarter of 2025 alone.

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Key Market Challenges

The accelerating transition toward electric mobility represents a formidable obstacle to the expansion of the global commercial vehicle heat shield market. Unlike internal combustion engines, which generate substantial thermal energy requiring extensive shielding for exhaust systems, turbochargers, and manifolds, battery-electric powertrains operate with significantly lower thermal signatures. This fundamental architectural shift eliminates the necessity for traditional high-temperature isolation components, effectively diminishing the average volume of heat shielding material required per vehicle. As fleet operators and logistics companies increasingly adopt zero-emission technologies to comply with environmental mandates, the addressable market for conventional thermal management solutions is steadily contracting.

Validating this upward trend in adoption, according to the European Automobile Manufacturers’ Association (ACEA), in the first half of 2025, electrically-chargeable trucks secured 3.6 percent of the total market share in the European Union, marking a notable increase from 2.1 percent recorded during the same period in 2024. This rising penetration of electric commercial vehicles directly reduces the demand for exhaust-related heat protection, creating a structural challenge for manufacturers heavily dependent on internal combustion engine applications.

Key Market Trends

The Adoption of Advanced Lightweight Composite and Aluminum Materials is fundamentally reshaping component design as manufacturers seek to offset the heavy curb weight of electric powertrains and improve fuel efficiency in combustion fleets. This shift compels heat shield suppliers to engineer insulation solutions compatible with temperature-sensitive substrates like fiber-reinforced plastics, moving away from heavy stamped steel assemblies. Consequently, there is a surge in demand for multifunctional components that combine thermal resistance with significant mass reduction to ensure vehicle range optimization. Validating this focus on weight optimization, according to Autoneum, March 2025, in the 'Annual Report 2024', the company secured a record order intake of CHF 3.2 billion, driven substantially by the uptake of its lightweight acoustic and thermal management technologies in the commercial vehicle sector.

Simultaneously, the Expansion into Electric Commercial Vehicle Battery Thermal Management represents a critical pivot for the industry, offsetting the reduced need for exhaust insulation. As fleets electrify, the primary thermal challenge shifts from containing exhaust heat to preventing thermal runaway within high-voltage battery packs, necessitating specialized barriers made from aerogels or mica to ensure occupant safety and asset protection. This structural market evolution is creating high-value opportunities for advanced material suppliers to integrate propagation protection directly into battery modules. According to Aspen Aerogels, November 2025, in the 'Q3 2025 Financial Results', the company forecasted its full-year 2025 revenue for the EV thermal barrier segment to range between $270 million and $280 million, confirming the resilience and critical importance of this emerging application area.

Segmental Insights

The Light Commercial Vehicle segment is anticipating the fastest growth in the Global Commercial Vehicle Heat Shield Market, driven by the expanding logistics sector and increasing demand for efficient last-mile delivery fleets. This rising production aligns with stringent emission standards enforced by authorities such as the United States Environmental Protection Agency and the European Commission. Compliance requires the use of turbochargers and compact exhaust systems that elevate engine compartment temperatures. Consequently, manufacturers are integrating durable heat shields to manage thermal output and protect temperature-sensitive components, directly supporting the expansion of this segment.

Regional Insights

North America maintains a leading position in the global commercial vehicle heat shield market, driven by a strong industrial base and high production volumes of heavy-duty trucks. The region’s dominance is primarily supported by stringent emission standards established by the Environmental Protection Agency. These regulations necessitate the use of effective thermal management components to handle the elevated exhaust temperatures associated with modern emission control systems. Consequently, manufacturers prioritize the integration of durable heat shields to ensure vehicle safety, protect sensitive components, and maintain compliance with rigorous environmental mandates.

Recent Developments

• In June 2025, Alkegen commenced the full-scale commercial production of its proprietary fiber-enhanced aerogel insulation, AlkeGel, designed for electric vehicle battery fire protection. The new material offered a lightweight solution that provided superior thermal runaway protection compared to traditional materials, addressing the safety requirements of high-density battery modules. This product launch was significant for the commercial vehicle heat shield market, as the technology was tailored to meet the rigorous durability and thermal resilience needs of electric buses and commercial trucks, ensuring safer operation for heavy-duty electrified logistics.
• In February 2025, Aspen Aerogels announced that it had been awarded a contract to supply its PyroThin thermal barriers for a commercial vehicle program with Volvo Truck. This agreement marked a significant expansion of the company's customer base within the heavy-duty sector, validating the application of its aerogel technology for thermal management in commercial transport. The thermal barriers were selected to provide critical safety and protection for the vehicle's battery systems, directly addressing the industry's need for effective thermal runaway mitigation in electrified commercial fleets.
• In October 2024, ElringKlinger AG signed an agreement to sell two of its shielding technology production plants to the CERTINA Group. The divested facilities, located in Sevelen, Switzerland, and Buford, USA, specialized in manufacturing shielding systems for thermal and acoustic management in vehicles. This transaction was part of the company's strategy to optimize its portfolio amidst the industry's transformation. The sale transferred significant manufacturing capabilities within the heat shield market to the acquirer, impacting the supply landscape for thermal protection solutions used in various automotive and commercial vehicle applications.
• In March 2024, Autoneum announced the expansion of its production capacities in Asia by establishing new plants in Changchun, China, and Pune, India. The facility in Changchun was strategically positioned to support the company's business with components for commercial vehicles in the region, in addition to its light vehicle operations. This move aimed to increase the company's market share with European, Japanese, and Chinese manufacturers by providing multifunctional lightweight components for noise and heat protection. The expansion underscored the growing demand for advanced thermal management solutions in the Asian commercial transport sector.

Key Market Players

• Dana Incorporated
• Lydall, Inc.
• ElringKlinger AG
• Federal-Mogul Corporation
• Morgan Advanced Materials plc
• Autoneum Holding AG
• Nichias Corporation
• Talbros Automotive Components Ltd.
• Carcoustics International GmbH
• Thermo-Tec Automotive Products, Inc.

By Type	By Sales Channel	By Vehicle Type	By Region
Engine Compartment Exhaust Compartment Other Types	OEM’s and Aftermarket	LCV M&HCV	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Commercial Vehicle Heat Shield Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Commercial Vehicle Heat Shield Market, By Type:

• Engine Compartment
• Exhaust Compartment
• Other Types

• Commercial Vehicle Heat Shield Market, By Sales Channel:

• OEM’s and Aftermarket

• Commercial Vehicle Heat Shield Market, By Vehicle Type:

• LCV
• M&HCV

• Commercial Vehicle Heat Shield Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE