Global Spark Plugs Market Information by Product type (Hot Spark Plug and Cold Spark Plug), by Material Type (Copper Spark Plug, Platinum Spark Plug, Iridium Spark Plug, and others), by Market (Original Equipment Market and Aftermarket), by Vehicle Type (Passenger Vehicle And Commercial Vehicle), and by Region – Forecast to 2022
Spark Plugs are the device to transfer the electric current from ignition system to combustion chamber of a vehicle. Stringent regulations & norms by government regarding emissions & fuel efficiency and growth of automotive industries are driving the market for spark plugs. Advanced spark plugs improves cold starting and generates efficient combustion which in turn increases the fuel efficiency and performance of the vehicles. Hot spark plugs by product type contributes the largest share of the global spark plugs market. Also, shift towards electric vehicles is restraining the growth of global market for spark plug. The global Spark Plugs market is expected to show a growth at CAGR of about 5.5% from 2016 to 2022.
Study Objectives of Global Spark Plugs Market:
- To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global Spark Plugs market.
- To provide insights about factors affecting the market growth.
- To analyze the global Spark Plugs market based on various factors such as supply chain analysis, and Porter’s five forces analysis.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries – North America, Europe, Asia-Pacific, and ROW.
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by product type, material type, market, vehicle type and region.
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Spark Plugs market.
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Regional Analysis of Global Spark Plugs Market:
Asia-Pacific is expected to dominate the spark plugs market in the forecast period. Asia-Pacific holds the largest market for the automotive industries. Asia-Pacific region is dominated by spark plugged petrol engine vehicles which in turn is expected to drive the market for spark plug.
Spark Plugs Market, by Region (USD Million):
The key players of Global Spark Plugs Market report include- NGK Spark Plug Co. Ltd, Federal-Mogul Corporation , Borgwarner Inc., Denso Corporation, Robert Bosch Gmbh, General Motors (Acdelco Corporation), Delphi Automotive, Valeo, Weichai Power Co. Ltd., and UCI-Fram Autobrands (Autolite).
Manufacturers of Spark Plugs
Raw material suppliers for Spark Plugs
Automotive OEMs and Aftermarkets
Government and research organization
Investment bankers and M&A Consultants
Profiling of 10 key market players
SWOT analysis, and strategy information of top five players in the market
Competitive landscape including emerging trends adopted by major companies
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The report for Global Spark Plugs Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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