Market Overview:
The global three ignition coil market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to reach US$ 4,711.5 Mn by 2030, registering a CAGR of 7.4% from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles across the globe. Additionally, the rising demand for light commercial vehicles and medium & heavy commercial vehicles is also expected to fuel the growth of the global three ignition coil market during the forecast period (2018-2030). On basis of type, battery segment is anticipated to account for a major share of revenue in global three ignition coil market throughout forecast period followed by ignition coils and powertrain control modules (PCMs). On basis of application, passenger vehicle segment dominates revenue share in global three ignition coil market followed by light commercial vehicle and medium & heavy commercial vehicle segments respectively.
Product Definition:
A three-ignition coil system is used to provide spark for the ignition of fuel in an internal combustion engine. The three coils are usually mounted together on a common baseplate and share a single connector. This system is used on older vehicles with distributorless ignition systems.
Battery:
Battery is the source of energy used in all kinds of electronic products such as mobile phones, laptops, tablets PCs and many more. It is an internal part of every such equipment which provides electricity to operate various devices. The battery market has been witnessing significant growth over the past few years on account of increasing demand for electronic gadgets across the globe.
The global market for batteries was estimated at USD 125 billion in 2015.
Ignition Coil:
An ignition coil is a device that produces an electric spark for initiating the combustion process when the fuel is introduced into it. The primary function of an ignition coil is to provide a spark to initiate the burning process, which then sets off other fireworks such as explosions and burners. An ignition coil can be seen in most of today's vehicles including trucks, cars, motorcycles, and scooters; they are used in all types of internal combustion engines.
Application Insights:
Passenger vehicles accounted for a share of over 50.0% in 2017 and are expected to maintain their dominance over the forecast period. The growing demand for passenger vehicles is primarily driven by rising disposable income levels, especially in emerging economies such as China, India and Brazil. Furthermore, increasing sales of passenger cars as a result of low interest rates have contributed to the segment growth.
The light commercial vehicle (LCV) application segment is projected to witness significant growth during the forecast period owing to increased product adoption across LCVs manufactured after 2010 due largely to technological advancements coupled with improved performance characteristics offered by these ignition coils compared with older generation LCVs equipped with OEM-installed equipment. These ignition coils provide enhanced starting torque while reducing engine wear & tear thereby enhancing the overall reliability & durability of an automobile engine component which has resulted in high product demand across this vehicle category globally three igniton coil market share by 2030 ¢â‚¬Ëœ19%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The regional growth can be attributed to rising disposable income, increasing vehicle production and sales, and favorable government policies in developing economies. Asia Pacific accounted for a share of more than 60% of global vehicle production in 2017. Increasing demand for vehicles with better fuel economy has resulted in growing sales of light commercial vehicles (LCVs) and passenger cars since 2010s. This trend is projected to continue over the next eight years due to changing consumer lifestyle along with increased purchasing power of consumers from emerging economies such as India, Indonesia, Vietnam, etc.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive aftermarket
- Rising demand from developing countries
- Technological advancements in ignition coils
- Stringent emission norms
Scope Of The Report
Report Attributes
Report Details
Report Title
Three Ignition Coil Market Research Report
By Type
Battery, Ignition Coil, Powertrain Control Module (PCM), Sensors
By Application
Passenger Vehicles, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle
By Companies
ACDelco (General Motors), BorgWarner, Delphi Auto Parts, Denso Corporation, Diamond Electric, HELLA GmbH & Co. KGaA, Hitachi Automotive Systems, MARSHALL ELECTRIC, Mitsubishi Electric, NGK Spark Plugs USA, ACDelco (General Motors), Robert Bosch GmbH, Tenneco, Valeo SA, Walker Products
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Three Ignition Coil Market Report Segments:
The global Three Ignition Coil market is segmented on the basis of:
Types
Battery, Ignition Coil, Powertrain Control Module (PCM), Sensors
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 Vehicles, Light Commercial Vehicle, 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:
- ACDelco (General Motors)
- BorgWarner
- Delphi Auto Parts
- Denso Corporation
- Diamond Electric
- HELLA GmbH & Co. KGaA
- Hitachi Automotive Systems
- MARSHALL ELECTRIC
- Mitsubishi Electric
- NGK Spark Plugs USA
- ACDelco (General Motors)
- Robert Bosch GmbH
- Tenneco
- Valeo SA
- Walker Products
Highlights of The Three Ignition Coil 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:
- Battery
- Ignition Coil
- Powertrain Control Module (PCM)
- Sensors
- By Application:
- Passenger Vehicles
- Light Commercial Vehicle
- 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 Three Ignition Coil 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?
A three-ignition coil is a type of ignition coil that uses three spark plugs to start the engine.
Some of the major players in the three ignition coil market are ACDelco (General Motors), BorgWarner, Delphi Auto Parts, Denso Corporation, Diamond Electric, HELLA GmbH & Co. KGaA, Hitachi Automotive Systems, MARSHALL ELECTRIC, Mitsubishi Electric, NGK Spark Plugs USA, ACDelco (General Motors), Robert Bosch GmbH, Tenneco, Valeo SA, Walker Products.
The three ignition coil market is expected to register a CAGR of 7.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Three Ignition Coil 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 Three Ignition Coil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Three Ignition Coil 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 Three Ignition Coil 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 Three Ignition Coil Market Size & Forecast, 2018-2028
4.5.1 Three Ignition Coil Market Size and Y-o-Y Growth
4.5.2 Three Ignition Coil Market Absolute $ Opportunity
Chapter 5 Global Three Ignition Coil 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 Three Ignition Coil Market Size Forecast by Type
5.2.1 Battery
5.2.2 Ignition Coil
5.2.3 Powertrain Control Module (PCM)
5.2.4 Sensors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Three Ignition Coil 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 Three Ignition Coil Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Light Commercial Vehicle
6.2.3 Medium & Heavy Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Three Ignition Coil 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 Three Ignition Coil 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 Three Ignition Coil Analysis and Forecast
9.1 Introduction
9.2 North America Three Ignition Coil 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 Three Ignition Coil Market Size Forecast by Type
9.6.1 Battery
9.6.2 Ignition Coil
9.6.3 Powertrain Control Module (PCM)
9.6.4 Sensors
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 Three Ignition Coil Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Light Commercial Vehicle
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 Three Ignition Coil Analysis and Forecast
10.1 Introduction
10.2 Europe Three Ignition Coil 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 Three Ignition Coil Market Size Forecast by Type
10.6.1 Battery
10.6.2 Ignition Coil
10.6.3 Powertrain Control Module (PCM)
10.6.4 Sensors
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 Three Ignition Coil Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Light Commercial Vehicle
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 Three Ignition Coil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Three Ignition Coil 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 Three Ignition Coil Market Size Forecast by Type
11.6.1 Battery
11.6.2 Ignition Coil
11.6.3 Powertrain Control Module (PCM)
11.6.4 Sensors
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 Three Ignition Coil Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Light Commercial Vehicle
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 Three Ignition Coil Analysis and Forecast
12.1 Introduction
12.2 Latin America Three Ignition Coil 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 Three Ignition Coil Market Size Forecast by Type
12.6.1 Battery
12.6.2 Ignition Coil
12.6.3 Powertrain Control Module (PCM)
12.6.4 Sensors
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 Three Ignition Coil Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Light Commercial Vehicle
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) Three Ignition Coil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Three Ignition Coil 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) Three Ignition Coil Market Size Forecast by Type
13.6.1 Battery
13.6.2 Ignition Coil
13.6.3 Powertrain Control Module (PCM)
13.6.4 Sensors
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) Three Ignition Coil Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Light Commercial Vehicle
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 Three Ignition Coil Market: Competitive Dashboard
14.2 Global Three Ignition Coil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACDelco (General Motors)
14.3.2 BorgWarner
14.3.3 Delphi Auto Parts
14.3.4 Denso Corporation
14.3.5 Diamond Electric
14.3.6 HELLA GmbH & Co. KGaA
14.3.7 Hitachi Automotive Systems
14.3.8 MARSHALL ELECTRIC
14.3.9 Mitsubishi Electric
14.3.10 NGK Spark Plugs USA
14.3.11 ACDelco (General Motors)
14.3.12 Robert Bosch GmbH
14.3.13 Tenneco
14.3.14 Valeo SA
14.3.15 Walker Products
