The global spark plugs and glow plugs market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The market is driven by the increasing demand for passenger cars and light commercial vehicles in emerging economies such as China and India, which are witnessing rapid economic growth. The increasing demand for diesel engines in heavy commercial vehicles is also driving the growth of this market. Hot spark plugs accounted for the largest share of this market in 2017, followed by cold spark plugs and metal glow plugs. Ceramic glow plugs accounted for a small share of this market in 2017 due to their high cost per unit volume compared with other types of glow plug technologies. Passenger cars accounted for the largest share of this market in 2017, followed by light commercial vehicles and heavy commercial vehicles due to their higher fuel efficiency than other types of vehicle applications such as buses or trucks that use diesel engines with higher compression ratios that require more frequent replacement intervals than passenger cars or light commercial vehicles with gasoline engines that require less frequent replacement intervals than diesel engine-powered heavy duty trucks or buses. North America was the leading region in terms of revenue contribution from 2016-2017 due to its large number of automotive manufacturers such as General Motors Company (GM), Ford Motor Company (Ford), Fiat Chrysler Automobiles N V (FCA) among others who have invested heavily on research & development activities over time which has led them to be leaders in developing new technologies related to spark plug technology including hot spark plug technology which has been adopted widely across all regions globally but especially across North America where it accounts for more than 50% share globally; Europe was second leading region accounting for about 25% revenue contribution from 2016-2017; Asia Pacific was third leading region accounting for about 15% revenue contribution from 2016-2017; Latin America was fourth leading region accounting for about 10% revenue contribution from 2016-2017 while Middle East & Africa accounted only 5%.
Some Of The Growth Factors Of This Market:
- The increasing demand for diesel engines in the global market is one of the major factors driving the growth of spark plugs and glow plugs market.
- The increasing number of vehicles in emerging economies such as China and India is also a factor that will drive the growth of this market.
- The need to reduce emissions from vehicles is another factor that will drive this market's growth, as it will lead to increased use of spark plugs and glow plugs in order to meet emission standards set by governments across the globe.
- Increasing awareness about environmental issues among consumers has led them to purchase cars with higher fuel efficiency, which has led to an increase in demand for spark plugs and glow plugs, which are used for combustion engines that run on diesel or gasoline fuels.
- Increasing focus on research & development activities by manufacturers is also expected to boost this market's growth over the forecast period.
Industry Growth Insights published a new data on “Spark Plugs and Glow Plugs Market”. The research report is titled “Spark Plugs and Glow Plugs Market research by Types (Hot Spark Plugs, Cold Spark Plugs, Metal Glow Plugs, Ceramic Glow Plugs), By Applications (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Players/Companies ACDelco Corporation, Autolite, Denso Auto Parts, NGK Spark Plugs, Robert Bosch GmbH, Champion Auto Parts, Federal-Mogul Powertrain, KLG Spark Plugs, Wellman”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spark Plugs and Glow Plugs Market Research Report
By Type
Hot Spark Plugs, Cold Spark Plugs, Metal Glow Plugs, Ceramic Glow Plugs
By Application
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
ACDelco Corporation, Autolite, Denso Auto Parts, NGK Spark Plugs, Robert Bosch GmbH, Champion Auto Parts, Federal-Mogul Powertrain, KLG Spark Plugs, Wellman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Spark Plugs and Glow Plugs Market Report Segments:
The global Spark Plugs and Glow Plugs market is segmented on the basis of:
Types
Hot Spark Plugs, Cold Spark Plugs, Metal Glow Plugs, Ceramic Glow Plugs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ACDelco Corporation
- Autolite
- Denso Auto Parts
- NGK Spark Plugs
- Robert Bosch GmbH
- Champion Auto Parts
- Federal-Mogul Powertrain
- KLG Spark Plugs
- Wellman
Highlights of The Spark Plugs and Glow Plugs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hot Spark Plugs
- Cold Spark Plugs
- Metal Glow Plugs
- Ceramic Glow Plugs
- By Application:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- 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 Spark Plugs and Glow Plugs 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Spark plugs and glow plugs are devices that help engines run more efficiently. Spark plugs create an electric spark when they are fired, which in turn ignites the air/fuel mixture in the engine. Glow plugs do the same thing, but use a light to ignite the fuel instead of a spark.
Some of the major players in the spark plugs and glow plugs market are ACDelco Corporation, Autolite, Denso Auto Parts, NGK Spark Plugs, Robert Bosch GmbH, Champion Auto Parts, Federal-Mogul Powertrain, KLG Spark Plugs, Wellman.
The spark plugs and glow plugs market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spark Plugs and Glow Plugs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Spark Plugs and Glow Plugs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spark Plugs and Glow Plugs Market - Supply Chain
4.5. Global Spark Plugs and Glow Plugs Market Forecast
4.5.1. Spark Plugs and Glow Plugs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spark Plugs and Glow Plugs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spark Plugs and Glow Plugs Market Absolute $ Opportunity
5. Global Spark Plugs and Glow Plugs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Spark Plugs and Glow Plugs Market Size and Volume Forecast by Type
5.3.1. Hot Spark Plugs
5.3.2. Cold Spark Plugs
5.3.3. Metal Glow Plugs
5.3.4. Ceramic Glow Plugs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spark Plugs and Glow Plugs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Spark Plugs and Glow Plugs Market Size and Volume Forecast by Application
6.3.1. Passenger Cars
6.3.2. Light Commercial Vehicles
6.3.3. Heavy Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spark Plugs and Glow Plugs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Spark Plugs and Glow Plugs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Spark Plugs and Glow Plugs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Spark Plugs and Glow Plugs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Spark Plugs and Glow Plugs Demand Share Forecast, 2019-2026
9. North America Spark Plugs and Glow Plugs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Spark Plugs and Glow Plugs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Spark Plugs and Glow Plugs Market Size and Volume Forecast by Application
9.4.1. Passenger Cars
9.4.2. Light Commercial Vehicles
9.4.3. Heavy Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spark Plugs and Glow Plugs Market Size and Volume Forecast by Type
9.7.1. Hot Spark Plugs
9.7.2. Cold Spark Plugs
9.7.3. Metal Glow Plugs
9.7.4. Ceramic Glow Plugs
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Spark Plugs and Glow Plugs Demand Share Forecast, 2019-2026
10. Latin America Spark Plugs and Glow Plugs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Spark Plugs and Glow Plugs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Spark Plugs and Glow Plugs Market Size and Volume Forecast by Application
10.4.1. Passenger Cars
10.4.2. Light Commercial Vehicles
10.4.3. Heavy Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spark Plugs and Glow Plugs Market Size and Volume Forecast by Type
10.7.1. Hot Spark Plugs
10.7.2. Cold Spark Plugs
10.7.3. Metal Glow Plugs
10.7.4. Ceramic Glow Plugs
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Spark Plugs and Glow Plugs Demand Share Forecast, 2019-2026
11. Europe Spark Plugs and Glow Plugs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Spark Plugs and Glow Plugs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Spark Plugs and Glow Plugs Market Size and Volume Forecast by Application
11.4.1. Passenger Cars
11.4.2. Light Commercial Vehicles
11.4.3. Heavy Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spark Plugs and Glow Plugs Market Size and Volume Forecast by Type
11.7.1. Hot Spark Plugs
11.7.2. Cold Spark Plugs
11.7.3. Metal Glow Plugs
11.7.4. Ceramic Glow Plugs
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Spark Plugs and Glow Plugs Demand Share, 2019-2026
12. Asia Pacific Spark Plugs and Glow Plugs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Spark Plugs and Glow Plugs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Spark Plugs and Glow Plugs Market Size and Volume Forecast by Application
12.4.1. Passenger Cars
12.4.2. Light Commercial Vehicles
12.4.3. Heavy Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spark Plugs and Glow Plugs Market Size and Volume Forecast by Type
12.7.1. Hot Spark Plugs
12.7.2. Cold Spark Plugs
12.7.3. Metal Glow Plugs
12.7.4. Ceramic Glow Plugs
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Spark Plugs and Glow Plugs Demand Share, 2019-2026
13. Middle East & Africa Spark Plugs and Glow Plugs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Spark Plugs and Glow Plugs Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Spark Plugs and Glow Plugs Market Size and Volume Forecast by Application
13.4.1. Passenger Cars
13.4.2. Light Commercial Vehicles
13.4.3. Heavy Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spark Plugs and Glow Plugs Market Size and Volume Forecast by Type
13.7.1. Hot Spark Plugs
13.7.2. Cold Spark Plugs
13.7.3. Metal Glow Plugs
13.7.4. Ceramic Glow Plugs
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Spark Plugs and Glow Plugs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spark Plugs and Glow Plugs Market: Market Share Analysis
14.2. Spark Plugs and Glow Plugs Distributors and Customers
14.3. Spark Plugs and Glow Plugs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ACDelco Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Autolite
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Denso Auto Parts
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NGK Spark Plugs
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Robert Bosch GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Champion Auto Parts
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Federal-Mogul Powertrain
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KLG Spark Plugs
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wellman
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook