Market Overview:
The global automotive spark-plug and glow-plug market is estimated to be valued at US$ 7,898.4 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The market is expected to be valued at US$ 11,711.5 Mn by 2030 end. In terms of volume, the global automotive spark-plug and glow-plug market stood at 2,362.9 million units in 2017 and is anticipated to reach 3,512 million units by 2030 end expanding at a CAGR of 4%. The growth of the global automotive spark plug and glow plug market can be attributed to increasing demand for passenger cars across the globe. Additionally, rising demand for electric vehicles (EVs) is also propelling the growth of this market as these vehicles require high voltage ignition systems that use spark plugs for combustion purposes. Furthermore, stringent emission norms are compelling OEMs worldwide towards adopting advanced technologies such as gasoline direct injection (GDI) systems which also employs spark plugs for combustion purposes in internal combustion engines (ICEs).
Product Definition:
An automotive spark plug is a device that uses an electric spark to start and maintain a combustion process in an engine. A glow plug is a similar device used in diesel engines.
Copper:
Copper is a soft, malleable metal that is colorless in nature. It has excellent electrical and thermal conductivity properties. The metal is native to the earth's crust with the highest concentration found in Chile and Mexico. However, copper can be mined from many different ores including chalcopyrite, cerite, chrysocolla, goldenseal and baculites among others depending on location and type of ore deposit.
Platinum:
Platinum is a chemical element that is found in the platinum group of metals. It has the highest boiling point of any metal and forms solid under normal atmospheric conditions. The metal has various industrial uses but it's most commonly known for its use in jewelry, catalysts, and as an additive to other metals such as gold. Automotive spark-plug and glow-plug are two end-use segments where platinum finds application.
Application Insights:
Passenger car application dominated the overall market in terms of revenue share at over 60.0% in 2017. The segment is expected to witness significant growth on account of increasing demand for passenger cars as a result of rapid urbanization, mainly in developing countries such as India and China. In addition, growing concerns regarding road safety coupled with government initiatives to promote adoption are further anticipated to drive the demand for automotive spark plugs and glow plugs over the forecast period.
The light commercial vehicle (LCV) segment is projected to grow at a CAGR of XX% from 2018 to 2030 owing to rising industrialization & manufacturing activities across emerging economies including Brazil, Indonesia, Malaysia.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is anticipated to witness significant growth over the forecast period. The regional growth can be attributed to increasing automotive production in countries, such as China, India, Japan and South Korea. In addition, rising disposable income levels coupled with a growing population are expected to fuel automobile demand over the next eight years.
The European region is projected to grow at a CAGR of XX% from 2018 to 2030 owing to stringent emission norms implemented by various governments across Europe that have forced manufacturers operating within this region adhere strictlyto these norms or face severe penalties such as non-renewal of vehicle registration plates or heavy fines levied on companies/individuals etc.
Growth Factors:
- Increasing demand for automobiles in developing countries
- Rising disposable income of consumers in developing countries
- Stringent emission norms by regulatory authorities across the globe
- Technological advancements in spark plugs and glow plugs
- Growing popularity of diesel vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Spark-Plug and Glow-Plug Market Research Report
By Type
Copper, Platinum, Iridium, Metal, Ceramic
By Application
Passenger Car, Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle
By Companies
Denso, Bosch, Autolite, ACDelco, Borgwarner, Valeo, Magneti Marelli Aftermarket, Denso
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Spark-Plug and Glow-Plug Market Report Segments:
The global Automotive Spark-Plug and Glow-Plug market is segmented on the basis of:
Types
Copper, Platinum, Iridium, Metal, Ceramic
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 Car, Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle
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:
- Denso
- Bosch
- Autolite
- ACDelco
- Borgwarner
- Valeo
- Magneti Marelli Aftermarket
- Denso
Highlights of The Automotive Spark-Plug and Glow-Plug 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:
- Copper
- Platinum
- Iridium
- Metal
- Ceramic
- By Application:
- Passenger Car
- Light Commercial Vehicle (LCV)
- Medium & Heavy Commercial Vehicle
- 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 Spark-Plug and Glow-Plug 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?
Automotive spark plugs and glow plugs are devices used in automobiles to start the engine. Spark plugs are small, metal cylinders that use an electric spark to ignite the air/fuel mixture in the combustion chamber. Glow plugs are similar, but use a gas instead of electricity to create a spark.
Some of the key players operating in the automotive spark-plug and glow-plug market are Denso, Bosch, Autolite, ACDelco, Borgwarner, Valeo, Magneti Marelli Aftermarket, Denso.
The automotive spark-plug and glow-plug market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Spark-Plug and Glow-Plug 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 Spark-Plug and Glow-Plug Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Spark-Plug and Glow-Plug 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 Spark-Plug and Glow-Plug 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 Spark-Plug and Glow-Plug Market Size & Forecast, 2020-2028
4.5.1 Automotive Spark-Plug and Glow-Plug Market Size and Y-o-Y Growth
4.5.2 Automotive Spark-Plug and Glow-Plug 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 Copper
5.2.2 Platinum
5.2.3 Iridium
5.2.4 Metal
5.2.5 Ceramic
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 Passenger Car
6.2.2 Light Commercial Vehicle (LCV)
6.2.3 Medium & Heavy Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Spark-Plug and Glow-Plug 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 Spark-Plug and Glow-Plug 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 Copper
9.6.2 Platinum
9.6.3 Iridium
9.6.4 Metal
9.6.5 Ceramic
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 Passenger Car
9.10.2 Light Commercial Vehicle (LCV)
9.10.3 Medium & Heavy Commercial Vehicle
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 Copper
10.6.2 Platinum
10.6.3 Iridium
10.6.4 Metal
10.6.5 Ceramic
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 Passenger Car
10.10.2 Light Commercial Vehicle (LCV)
10.10.3 Medium & Heavy Commercial Vehicle
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 Copper
11.6.2 Platinum
11.6.3 Iridium
11.6.4 Metal
11.6.5 Ceramic
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 Passenger Car
11.10.2 Light Commercial Vehicle (LCV)
11.10.3 Medium & Heavy Commercial Vehicle
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 Copper
12.6.2 Platinum
12.6.3 Iridium
12.6.4 Metal
12.6.5 Ceramic
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 Passenger Car
12.10.2 Light Commercial Vehicle (LCV)
12.10.3 Medium & Heavy Commercial Vehicle
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 Copper
13.6.2 Platinum
13.6.3 Iridium
13.6.4 Metal
13.6.5 Ceramic
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 Passenger Car
13.10.2 Light Commercial Vehicle (LCV)
13.10.3 Medium & Heavy Commercial Vehicle
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 Spark-Plug and Glow-Plug Market: Competitive Dashboard
14.2 Global Automotive Spark-Plug and Glow-Plug Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Denso
14.3.2 Bosch
14.3.3 Autolite
14.3.4 ACDelco
14.3.5 Borgwarner
14.3.6 Valeo
14.3.7 Magneti Marelli Aftermarket
14.3.8 Denso
