Global Automotive Ignition Market by Type (Spark Plug, Ignition Coil), By Application (OEM Market, Aftermarket) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Automotive Ignition Market size is expected to reach USD $2,971.6 million by 2028 at a CAGR of 2% during the forecast period 2021-2028. The increasing demand for environmentally friendly vehicles and reduction in vehicle emissions are anticipated to drive the growth of this market in upcoming years.
Automotive ignition is a system that sparks the fuel in an internal combustion engine to produce heat. In other words, it starts the vehicle by providing power for the spark plugs and coils used to ignite the air/fuel mixture in order to create energy. The automotive ignition market includes components such as spark plug, ignition coil, and others which are essential for starting up vehicles powered with internal combustion engines.
On the basis of Types, the market is segmented into Spark Plug, Ignition Coil, and others. The Spark plug segment is further divided into conventional spark plugs and newer technologies such as Iridium tipped spark plugs.
Spark Plug:
A spark plug is a device that fits into the cylinder head of an internal combustion engine and sends an electric current to ignite the air/fuel mixture. It can be used in diesel engines, gasoline engines, or natural gas turbines. Spark plugs are typically inserted into a hole at the top center of each piston's crown (topping) near its base where the fuel mixes with air before ignition.
Ignition Coil:
An ignition coil is a device that converts an alternating current (AC) to a direct current (DC). The coils are used in most automobiles, and they generate the voltage necessary for vehicle use. They may be large, heavy devices on trucks or small units inside of cars. Ignition coils have been replaced by electronic ignitions which need less power than older systems as well as providing more accurate timing signals from their digital circuits.
On the basis of Application, the market is segmented into OEM Market and Aftermarket.
OEM Market:
The use of automotive ignition in the OEM market has been increasing over time. This is largely due to improvements and innovations made by automobile manufacturers, especially after 2000 following stricter emissions regulations. For example, there was a trend toward more powerful engines with greater displacement that require high power outputs from spark plugs for efficient combustion. These factors led to significant growth in demand for spark plugs and related products such as ignitions coils among automakers since then. However, this share peaked at 78% in 2007 before falling back down below 50% over the past decade amid declining shipments globally across all regions (excluding China).
Aftermarket:
In the aftermarket, spark plugs are used in vehicles that have been rebuilt. As these cars age, they can develop problems with their fuel injection system or engines failing to start up and running smoothly. In such cases, we recommend replacing both of the ignition coil assembly including a new set of spark plugs as well as an air filter for better engine performance.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Aftermarket segment is the most lucrative market for automotive ignition in North America followed by Europe while the Asia-Pacific region led the global demand of the OEM Market.
North America is one of the most lucrative markets for automotive ignition market owing to the high demand from customers. The region is expected to maintain its dominance in the coming years as a result of robust growth across all segments.
Growth Factors For The Global Automotive Ignition Market:
The global automotive ignition market is witnessing significant growth due to the rise in demand for fuel-efficient vehicles, increase in safety standards, and emission norms. Furthermore, factors such as increasing vehicle production volume and automobile accidents are also driving the need for efficient engines which has led to an increasing need for auto parts like spark plugs and ignition coils resulting in a surge in demand.
Up Market Research published a new report titled “Automotive Ignition Market research report which is segmented by Types (Spark Plug, Ignition Coil), By Applications (OEM Market, Aftermarket), By Players/Companies Bosch, Denso, Delphi, BorgWarner, Tenneco(Federal-Mogul), Hitachi, NGK, Yura, Mitsubishi, SparkTronic, SOGREAT, Zunyi Changzheng, Jiaercheng, Anhui KING-AUTO”.
Report Scope
Report Attributes | Report Details |
Report Title | Automotive Ignition Market Research Report |
By Type | Spark Plug, Ignition Coil |
By Application | OEM Market, Aftermarket |
By Companies | Bosch, Denso, Delphi, BorgWarner, Tenneco(Federal-Mogul), Hitachi, NGK, Yura, Mitsubishi, SparkTronic, SOGREAT, Zunyi Changzheng, Jiaercheng, Anhui KING-AUTO |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 238 |
Number of Tables & Figures | 167 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Automotive Ignition Market Report Segments:
The market is segmented by Type Spark Plug, Ignition Coil and By Application OEM Market, Aftermarket.
Some of the companies that are profiled in this report are:
- Bosch
- Denso
- Delphi
- BorgWarner
- Tenneco(Federal-Mogul)
- Hitachi
- NGK
- Yura
- Mitsubishi
- SparkTronic
- SOGREAT
- Zunyi Changzheng
- Jiaercheng
- Anhui KING-AUTO
Automotive Ignition Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Automotive Ignition Market
Overview of the regional outlook of the Automotive Ignition Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Automotive Ignition Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Automotive Ignition Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Spark Plug
2. Ignition Coil
7. By Application:1. OEM Market
2. Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Ignition Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Automotive Ignition Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Ignition Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Ignition Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Ignition Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Ignition Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Ignition Market Size & Forecast, 2018-2028
4.5.1 Automotive Ignition Market Size and Y-o-Y Growth
4.5.2 Automotive Ignition Market Absolute $ Opportunity
Chapter 5 Global Automotive Ignition Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Ignition Market Size Forecast by Type
5.2.1 Spark Plug
5.2.2 Ignition Coil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Ignition Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Ignition Market Size Forecast by Applications
6.2.1 OEM Market
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Ignition Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Ignition Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Ignition Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Ignition Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Ignition Market Size Forecast by Type
9.6.1 Spark Plug
9.6.2 Ignition Coil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Ignition Market Size Forecast by Applications
9.10.1 OEM Market
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Ignition Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Ignition Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Ignition Market Size Forecast by Type
10.6.1 Spark Plug
10.6.2 Ignition Coil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Ignition Market Size Forecast by Applications
10.10.1 OEM Market
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Ignition Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Ignition Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Ignition Market Size Forecast by Type
11.6.1 Spark Plug
11.6.2 Ignition Coil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Ignition Market Size Forecast by Applications
11.10.1 OEM Market
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Ignition Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Ignition Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Ignition Market Size Forecast by Type
12.6.1 Spark Plug
12.6.2 Ignition Coil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Ignition Market Size Forecast by Applications
12.10.1 OEM Market
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Ignition Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Ignition Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Ignition Market Size Forecast by Type
13.6.1 Spark Plug
13.6.2 Ignition Coil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Ignition Market Size Forecast by Applications
13.10.1 OEM Market
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Ignition Market: Competitive Dashboard
14.2 Global Automotive Ignition Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Denso
14.3.3 Delphi
14.3.4 BorgWarner
14.3.5 Tenneco(Federal-Mogul)
14.3.6 Hitachi
14.3.7 NGK
14.3.8 Yura
14.3.9 Mitsubishi
14.3.10 SparkTronic
14.3.11 SOGREAT
14.3.12 Zunyi Changzheng
14.3.13 Jiaercheng
14.3.14 Anhui KING-AUTO