Market Overview:
The global automotive ignition market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automobiles, especially in developing countries such as China and India. Additionally, the increasing demand for luxury and premium cars is also contributing to the growth of this market. The global automotive ignition market can be segmented on the basis of type into spark plugs and ignition coils. The spark plugs segment is expected to account for a larger share of the global automotive ignition market than the ignition coils segment during the forecast period from 2018 to 2030. This can be attributed to their widespread use in all types of gasoline-powered vehicles across all regions globally. On the basis of application,the global automotive ignitionsmarket can be divided into OEMsalesand aftermarket sales segments respectively .
Product Definition:
The automotive ignition system is a series of components that create and ignite a spark in the engine's cylinders to initiate combustion. The importance of an effective ignition system is that it provides the power to turn the engine over and start it, as well as providing sparks at the right time to combust fuel in each cylinder.
Spark Plug:
A spark plug is an electrical device that produces a shower of sparks when it is activated. It's primary function in an automobile engine is to start the mixture of air and fuel in the combustion chamber. The task of starting the engine may sound simple but there are several steps involved, which include making sure that all plugs are removed from the ignition coil, then setting a match or lighter on one end and using other end as a electrode to create an arc across another metal surface inside the car.
Ignition Coil:
An ignition coil is a device that produces an electric spark for initiating the combustion process which leads to self-propulsion in an internal combustion engine. The primary function of this device is to provide a initial high voltage electrical current through the plug wires and fuel injector pipes, thus creating a spark for starting the engine.
The automotive industry has witnessed significant changes over recent years owing to factors such as increasing environmental awareness, stringent government regulations regarding carbon emissions,.
Application Insights:
OEM market was estimated at USD 1.8 billion in 2017 and is expected to witness significant growth over the forecast period owing to increasing production of electric vehicles as well as light commercial vehicles in various countries, such as China, India and South Korea. In addition, growing demand for automotive ignition from aftermarket is also expected to drive the segment over the forecast period.
The OEM market includes original equipment manufacturers that supply parts directly to automobile manufacturers or independent dealerships/repair shops. The key players operating in this industry are Denso Corporation, Continental AG., Harman International Industries Inc., Magneti Marelli S.p.A., Autoliv Inc., Bajaj Auto Ltd., Johnson Controls LLC and Valeo S.A.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing demand for automobiles on account of rising disposable income, changing lifestyle, and increasing population. China is one of the major countries contributing to regional growth owing to low production costs coupled with cheap labor cost.
Europe accounted for more than 25% market share in 2017 owing to high demand from Germany, Italy, France and U.K., among other Eastern European countries. North America also had a significant presence in this industry due to technological advancements along with increased focus towards fuel economy improvement by regulatory bodies such as EPA (U.S.) and CAFE (Canada).
Growth Factors:
- Increasing demand for vehicles: The global automotive market is expected to grow at a CAGR of 4.5% from 2016 to 2020, reaching a value of .7 trillion by 2020. This growth is primarily attributed to the increasing demand for vehicles in developing countries, such as China and India.
- Stringent emission norms: Stringent emission norms are being implemented across different countries in order to reduce environmental pollution levels. This is resulting in the increased adoption of advanced technologies such as gasoline direct injection (GDI) systems and start-stop systems, which require ignition components that meet high performance and quality standards.
- Rising popularity of electric vehicles: Electric vehicles are becoming increasingly popular due to their low emissions and fuel efficiency benefits over traditional petrol or diesel-powered cars/vehicles .This is expected to result in an increase in the demand for ignition components used in electric vehicles, thereby driving the growth of this market during the forecast period .
- 128billionby 2021 .The increasing penetrationof OEM partsin this marketis oneofthe key driversforthegrowthoftheimpactsofignitioncomponentsduringthe forecastperiod .
Scope Of The Report
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, Bosch, Zunyi Changzheng, Jiaercheng, Anhui KING-AUTO
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Ignition Market Report Segments:
The global Automotive Ignition market is segmented on the basis of:
Types
Spark Plug, Ignition Coil
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
OEM Market, Aftermarket
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:
- Bosch
- Denso
- Delphi
- BorgWarner
- Tenneco(Federal-Mogul)
- Hitachi
- NGK
- Yura
- Mitsubishi
- SparkTronic
- Bosch
- Zunyi Changzheng
- Jiaercheng
- Anhui KING-AUTO
Highlights of The Automotive Ignition 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:
- Spark Plug
- Ignition Coil
- By Application:
- OEM Market
- 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 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
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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?
Automotive ignition is the system that starts a car engine. It consists of an ignition coil, spark plugs, and distributor. The ignition coil creates a high-voltage spark that ignites the fuel in the cylinders. The spark plugs then fire repeatedly to create combustion in the engine's cylinders. Finally, the distributor sends electricity to each spark plug so it can continue firing
Some of the major players in the automotive ignition market are Bosch, Denso, Delphi, BorgWarner, Tenneco(Federal-Mogul), Hitachi, NGK, Yura, Mitsubishi, SparkTronic, Bosch, Zunyi Changzheng, Jiaercheng, Anhui KING-AUTO.
The automotive ignition market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
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, 2020-2028
4.5.1 Automotive Ignition Market Size and Y-o-Y Growth
4.5.2 Automotive Ignition Market Absolute $ Opportunity
Chapter 5 Global 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 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 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 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 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 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 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 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 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 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 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) 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) 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 Bosch
14.3.12 Zunyi Changzheng
14.3.13 Jiaercheng
14.3.14 Anhui KING-AUTO
