Market Overview:
The global vehicle ignition system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for vehicles across the globe and rising awareness about vehicle safety features. The global vehicle ignition system market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into spark plug and ignition coil. Spark plugs are expected to account for a larger share of the global vehicle ignition system market as compared to ignition coils during the forecast period owing to their widespread use in gasoline-powered vehicles.
Product Definition:
The vehicle ignition system is a key part of the overall vehicle electrical system. It is responsible for providing power to the engine, and it also includes the ignition switch, which is used to start the engine. The ignition system is important because it provides power to the engine, which allows the car or truck to run.
Spark Plug:
A spark plug is an electric device used in an internal combustion engine to create and transmit the spark necessary for proper starting of the vehicle. It works on the principle of electromagnetic attraction and repulsion between two electrodes, one of which is normally located outside while the other is placed inside a metal housing. The process involves high voltage electricity that creates a shower of sparks when it leaps out from its electrode.
Ignition Coil:
The Ignition coil is a small magnet wound around an electrical core. It generates magnetic field when current passes through it and this magnetic field induces electric currents in the spark plugs which eventually fires the engine. The working principle of ignition coil is very simple, but there are some factors that influence its performance such as wire insulation, length of the wire, number of windings etc.
Application Insights:
OEMs held the largest market share of over 70% in 2017. The OEMs have a complete control over the entire vehicle electronics and hence they can integrate various safety features such as ABS, LDW, EBD, VSC etc. into their vehicles. On the other hand, aftermarket companies are trying to introduce ignitors that are affordable for customers and provide better performance at a lower price tag. This is expected to drive growth of the global vehicle ignition system market in future years.
Bosch Automotive Aftersales GmbH; Denso Corporation; Delphi Automotive PLC; Continental AG; Magna International Inc.; Autoliv Inc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for OEM and aftermarket products. The growing automotive industry in developing countries, such as India and China, is also anticipated to drive regional growth. Asia Pacific was followed by North America which accounted for a revenue share of more than 25% in 2017 on account of high vehicle penetration rate coupled with stringent government regulations regarding vehicular emissions. Europe has been witnessing sluggish growth rates since 2010 owing to economic uncertainties coupled with stringent environmental norms regarding vehicular emissions.
The Latin American market is expected witness considerable growth from 2018 due its increasing number of vehicles on roadways as well as rising disposable income among consumers buying premium cars equipped with advanced safety systems such as VICS system or ESS (Electronic Stability System).
Growth Factors:
- Increasing demand for vehicles: The global vehicle population is increasing at a rapid pace. This is leading to an increase in the demand for ignition systems.
- Technological advancements: Vehicle ignition systems are becoming more and more complex with each passing day due to the advent of new technologies. This is fueling the growth of the market.
- Stringent emission norms: Governments across the globe are implementing stringent emission norms in a bid to reduce environmental pollution levels. This is benefiting the market as it is forcing automakers to adopt advanced ignition systems that emit low levels of pollutants into the atmosphere.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Ignition System Market Research Report
By Type
Spark Plug, Ignition Coil
By Application
OEM, Aftermarket
By Companies
Bosch, Denso, BorgWarner, Tenneco(Federal-Mogul), Hitachi, NGK, Yura, Mitsubishi, SparkTronic, SOGREAT, Bosch, 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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Ignition System Market Report Segments:
The global Vehicle Ignition System 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, 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
- BorgWarner
- Tenneco(Federal-Mogul)
- Hitachi
- NGK
- Yura
- Mitsubishi
- SparkTronic
- SOGREAT
- Bosch
- Jiaercheng
- Anhui KING-AUTO
Highlights of The Vehicle Ignition System 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
- 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 Vehicle Ignition System 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?
The vehicle ignition system is a group of components that work together to start the engine in a car. The system includes the spark plugs, wires, and coils.
Some of the major companies in the vehicle ignition system market are Bosch, Denso, BorgWarner, Tenneco(Federal-Mogul), Hitachi, NGK, Yura, Mitsubishi, SparkTronic, SOGREAT, Bosch, Jiaercheng, Anhui KING-AUTO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vehicle Ignition System 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 Vehicle Ignition System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Ignition System 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 Vehicle Ignition System 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 Vehicle Ignition System Market Size & Forecast, 2018-2028
4.5.1 Vehicle Ignition System Market Size and Y-o-Y Growth
4.5.2 Vehicle Ignition System Market Absolute $ Opportunity
Chapter 5 Global Vehicle Ignition System 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 Vehicle Ignition System 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 Vehicle Ignition System 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 Vehicle Ignition System Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Ignition System 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 Vehicle Ignition System 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 Vehicle Ignition System Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle Ignition System 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 Vehicle Ignition System 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 Vehicle Ignition System Market Size Forecast by Applications
9.10.1 OEM
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 Vehicle Ignition System Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle Ignition System 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 Vehicle Ignition System 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 Vehicle Ignition System Market Size Forecast by Applications
10.10.1 OEM
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 Vehicle Ignition System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle Ignition System 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 Vehicle Ignition System 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 Vehicle Ignition System Market Size Forecast by Applications
11.10.1 OEM
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 Vehicle Ignition System Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle Ignition System 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 Vehicle Ignition System 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 Vehicle Ignition System Market Size Forecast by Applications
12.10.1 OEM
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) Vehicle Ignition System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle Ignition System 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) Vehicle Ignition System 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) Vehicle Ignition System Market Size Forecast by Applications
13.10.1 OEM
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 Vehicle Ignition System Market: Competitive Dashboard
14.2 Global Vehicle Ignition System 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 BorgWarner
14.3.4 Tenneco(Federal-Mogul)
14.3.5 Hitachi
14.3.6 NGK
14.3.7 Yura
14.3.8 Mitsubishi
14.3.9 SparkTronic
14.3.10 SOGREAT
14.3.11 Bosch
14.3.12 Jiaercheng
14.3.13 Anhui KING-AUTO
