Global Splash Shield Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Splash Shields also known as skid plate, and lower engine covers are protective covers used for protection of engine and other related parts from road debris such as rocks, leaves, and twigs among others. Splash shields are made from higher density polyethylene or polyurethane based materials. These shields are also made with metal such as aluminium. Growing automobile sector and growing awareness towards vehicle safety as well as increasing ownership of personal vehicles are driving the Slash Sheild Market. For instance, according to Statista - In 2020, worldwide electric car sales were estimated at 3 million units, witnessing an increase of 40% from 2019. Furthermore, in 2021 the electric car sales doubled, and reached to 6.6 million units. Moreover, in May 2020, Kansas, United States based Hopkins Manufacturing Corporation with its subsidiary company Hopkins Canada, Inc. acquired the automotive splash guard product lines from Toronto, California, US based NuVue Products Inc. Under this acquisition , Hopkins acquired brands such as RoadSport, Big Mudder, ProFit, BadgeZ, RoadGuard and Defender Tow Guard. Apart from brand name the company also acquired inventory, patents and intellectual property for the splash guard and mud flap lines. Also, favorable government regulations pertaining to Vehicle Safety and rising advancements in automotive sector are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost associated with splash shield and rising concern over plastic use impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Splash Shield Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading automobile players and growing number of advancements in automotive sector in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising ownership of personal vehicles and increasing awareness towards vehicle safety in the region, would create lucrative growth prospects for the Splash Shield Market across the Asia Pacific region.
Major market players included in this report are:
Crown Automotive Sales Co. Inc.
A.P.A Industries Inc.
Rugged Ridge
Husky Liners Inc.
Omix-ADA Inc.
NuVue Products
Hangzhou Kapaco Automotive Parts Co. Ltd
Dekar Engineers Pvt. Ltd.
Knauf Industries
Yota Liners
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By type
Single unit shields
Twin unit shields
By Material
Plastics and Fiberglass
Metals (Aluminium etc.)
By Vehicle Type
Passenger Vehicles
Conventional
Electric/Hybrid
Commercial Vehicles
LCV
HCV
By Application
Engine Components
Breaks
Others (alternator, drive belts, etc.)
By Market Type
OEM
After-Market
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Splash Shield Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Splash Shield Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Splash Shield Market, by Type, 2020-2028 (USD Million)
- 1.2.3. Global Splash Shield Market, by Material, 2020-2028 (USD Million)
- 1.2.4. Global Splash Shield Market, by Vehicle Type, 2020-2028 (USD Million)
- 1.2.5. Global Splash Shield Market, by Application, 2020-2028 (USD Million)
- 1.2.6. Global Splash Shield Market, by Market Type, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Splash Shield Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Splash Shield Market Dynamics
- 3.1. Splash Shield Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising automobile sector.
- 3.1.1.2. Increasing awareness towards vehicle safety.
- 3.1.1.3. Growing ownership of personal vehicles.
- 3.1.2. Market Challenges
- 3.1.2.1. High cost associated with the product
- 3.1.2.2. Rising concern over plastic use.
- 3.1.3. Market Opportunities
- 3.1.3.1. Favourable government regulations pertaining to Vehicle Safety.
- 3.1.3.2. Rising advancements in automotive sector.
Chapter 4. Global Splash Shield Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Splash Shield Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Splash Shield Market by Type, Performance - Potential Analysis
- 6.3. Global Splash Shield Market Estimates & Forecasts by Type 2018-2028 (USD Million)
- 6.4. Splash Shield Market, Sub Segment Analysis
- 6.4.1. Single unit shields
- 6.4.2. Twin unit shields
Chapter 7. Global Splash Shield Market, by Material
- 7.1. Market Snapshot
- 7.2. Global Splash Shield Market by Material, Performance - Potential Analysis
- 7.3. Global Splash Shield Market Estimates & Forecasts by Material 2018-2028 (USD Million)
- 7.4. Splash Shield Market, Sub Segment Analysis
- 7.4.1. Plastics and Fiberglass
- 7.4.2. Metals (Aluminium etc.)
Chapter 8. Global Splash Shield Market, by Vehicle Type
- 8.1. Market Snapshot
- 8.2. Global Splash Shield Market by Vehicle Type, Performance - Potential Analysis
- 8.3. Global Splash Shield Market Estimates & Forecasts by Vehicle Type 2018-2028 (USD Million)
- 8.4. Splash Shield Market, Sub Segment Analysis
- 8.4.1. Passenger Vehicles
- 8.4.2. Conventional
- 8.4.3. Electric/Hybrid
- 8.4.4. Commercial Vehicles
- 8.4.5. LCV
- 8.4.6. HCV
Chapter 9. Global Splash Shield Market, by Application
- 9.1. Market Snapshot
- 9.2. Global Splash Shield Market by Application, Performance - Potential Analysis
- 9.3. Global Splash Shield Market Estimates & Forecasts by Application 2018-2028 (USD Million)
- 9.4. Splash Shield Market, Sub Segment Analysis
- 9.4.1. Engine Components
- 9.4.2. Breaks
- 9.4.3. Others (alternator, drive belts, etc.)
Chapter 10. Global Splash Shield Market, by Market Type
- 10.1. Market Snapshot
- 10.2. Global Splash Shield Market by Market Type, Performance - Potential Analysis
- 10.3. Global Splash Shield Market Estimates & Forecasts by Market Type 2018-2028 (USD Million)
- 10.4. Splash Shield Market, Sub Segment Analysis
- 10.4.1. OEM
- 10.4.2. AfterMarket
Chapter 11. Global Splash Shield Market, Regional Analysis
- 11.1. Splash Shield Market, Regional Market Snapshot
- 11.2. North America Splash Shield Market
- 11.2.1. U.S. Splash Shield Market
- 11.2.1.1. Type estimates & forecasts, 2018-2028
- 11.2.1.2. Material estimates & forecasts, 2018-2028
- 11.2.1.3. Vehicle Type estimates & forecasts, 2018-2028
- 11.2.1.4. Application estimates & forecasts, 2018-2028
- 11.2.1.5. Market Type estimates & forecasts, 2018-2028
- 11.2.2. Canada Splash Shield Market
- 11.3. Europe Splash Shield Market Snapshot
- 11.3.1. U.K. Splash Shield Market
- 11.3.2. Germany Splash Shield Market
- 11.3.3. France Splash Shield Market
- 11.3.4. Spain Splash Shield Market
- 11.3.5. Italy Splash Shield Market
- 11.3.6. Rest of Europe Splash Shield Market
- 11.4. Asia-Pacific Splash Shield Market Snapshot
- 11.4.1. China Splash Shield Market
- 11.4.2. India Splash Shield Market
- 11.4.3. Japan Splash Shield Market
- 11.4.4. Australia Splash Shield Market
- 11.4.5. South Korea Splash Shield Market
- 11.4.6. Rest of Asia Pacific Splash Shield Market
- 11.5. Latin America Splash Shield Market Snapshot
- 11.5.1. Brazil Splash Shield Market
- 11.5.2. Mexico Splash Shield Market
- 11.6. Rest of The World Splash Shield Market
Chapter 12. Competitive Intelligence
- 12.1. Top Market Strategies
- 12.2. Company Profiles
- 12.2.1. Crown Automotive Sales Co. Inc.
- 12.2.1.1. Key Information
- 12.2.1.2. Overview
- 12.2.1.3. Financial (Subject to Data Availability)
- 12.2.1.4. Product Summary
- 12.2.1.5. Recent Developments
- 12.2.2. A.P.A Industries Inc.
- 12.2.3. Rugged Ridge
- 12.2.4. Husky Liners Inc.
- 12.2.5. Omix-ADA Inc.
- 12.2.6. NuVue Products
- 12.2.7. Hangzhou Kapaco Automotive Parts Co. Ltd
- 12.2.8. Dekar Engineers Pvt. Ltd.
- 12.2.9. Knauf Industries
- 12.2.10. Yota Liners
Chapter 13. Research Process
- 13.1. Research Process
- 13.1.1. Data Mining
- 13.1.2. Analysis
- 13.1.3. Market Estimation
- 13.1.4. Validation
- 13.1.5. Publishing
- 13.2. Research Attributes
- 13.3. Research Assumption