automotive-spark-plugs-and-glow-plugs-market
Published

August 2016

Global Automotive Spark Plugs and Glow Plugs Market - Analysis of Growth, Trend Progress and Challenges (2015 - 2020)

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The global market for automotive spark plugs is poised to grow at a CAGR of 7.4% and that for glow plugs, at a CAGR of 5.8% by 2020. The market for the former is expected to touch USD XX billion by the end of 2020. Asia-Pacific region contributed to a market share of XX%, followed by North America and Europe with a market share of XX% and XX% respectively in 2015. In response to the stringent emission norms posed by EPA and CAFÉ authorities and cold starting problems, the smart plug (smart spark plug) concept has been devised and it has revolutionized the automotive industry. This component, when retrofitted with the spark plug, minimizes emissions, resolves cold starting problems and maximizes performance.

Automotive engines are commonly classified into two major categories­ – gasoline and diesel engines. Both the engines ignite the air-fuel mixture to propagate motion to the vehicle. Spark plugs are installed in the cylinders of gasoline engines, while the glow plugs find their employment in the cylinders of diesel engines to ensure sufficient heating during the cold start by a heating coil.

Technological advancements like E3 high performance, plasma core and ACIS (Advanced Corona Ignition System) in designing spark plugs have acted as one of the factors responsible for growth in the global automobile sales.

The global automotive spark plugs and glow plugs market has been segmented by product type (hot and cold spark plugs, metal and ceramic glow plugs), vehicle type (passenger cars, HCV, LCV), sales channel (OEM’s, aftermarket) and geography (North America, South America, Asia-Pacific, Europe, Africa and the Middle East). Manufacturers are now dragging their attention towards developing better products to gain higher market penetration.

Some of the key players in the market are:

  • ACDelco Corporation
  • Autolite
  • Denso Auto Parts
  • NGK Spark Plugs
  • Robert Bosch GmbH

What the Report Offers

  • Market analysis for the Automotive Spark Plugs and Glow Plugs Market, with region specific assessments and competition analysis on the global and regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario and rising prospective opportunities, along with the identification of key companies that can influence this market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
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$8750
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