Automotive Spark Plugs And Glow Plugs Market Share

Market Share of Automotive Spark Plugs And Glow Plugs Industry

The spark plugs and several key players, such as DENSO Corporation, Niterra Co., Ltd. Robert Bosch GmbH, Tenneco Inc., BorgWarner Inc., and others dominate the Glow plugs market. The growing expansion of manufacturing facilities and introduction of lightweight engines is likely to witness major growth for the market in the coming years. For instance,

• In July 2023, Denso Corporation and NGK Spark Plug Co., Ltd. began a discussion regarding the transfer of Denso ceramic products, such as spark plugs, O2 sensors, and air-fuel ratio sensors, to NGK Spark Plug Co., Ltd.
• In June 2023, VM Motori, a Stellantis Group company, announced to launch of an H2 (hydrogen) version of its 2.2 l engine. The engine is equipped with 62 kW output and 270 Nm peak torque, an updated common rail, pistons, spark plugs, ignition coil, and pressure regulator.
• In June 2022, NGK Spark Plug Co., Ltd. signed a basic agreement with International Metalworking Companies BV (IMC) to start discussions on a capital and business alliance in the machine tools business. Through this agreement, the company expanded its facilities across the European region,

Automotive Spark Plugs And Glow Plugs Market Leaders

1. DENSO Corporation

2. Robert Bosch GmbH

3. BorgWarner Inc.

4. Niterra Co., Ltd.

5. Tenneco Inc.

*Disclaimer: Major Players sorted in no particular order