Global Automotive Spark Plugs and Glow Plugs Market

A petrol engine needs three things in order to function properly: air, fuel and a spark. A spark plug ignites the air/fuel mixture, producing the combustion that powers the engine. Alternatively, a glowplugis a heating device used to aid starting diesel engines.The automotive glow plug is fitted into each cylinder of a diesel engine, with a heating element to heat incoming fuel and air to ensure efficient combustion when the engine is cold.

Market Dynamics:

One of the major key factors driving the growth of this market is the increasing demand for vehicles across the globe. The rise in stringency of the government norms and regulations pertaining to the emissions and fuel efficiency is also a key contributor to the growth of automotive spark & glow plugs.Long-term business contracts of spark & glow plug manufacturers with suppliers to reduce production costs and increase profit margin is another factor expected to fuel the growth of thismarket. Increasing replacement interval for spark plugs, engine downsizing and focus of prominent players on business expansion and collaboration with technology providers are some of the prominent trends observed in the market.

However, the increasing adoption of engine downsizing and transition towards electric vehicles are estimated to hinder the automotive spark and glow plugs market at a global level. Additionally, maintaining balance between low cost, high performance and durability of the spark and glow plugs is one of the common challenges for the market players to cope up with.

Market Segmentation:

The Global Automotive Spark Plugs and Glow Plugs market can be segmented on the basis of vehicle type, market type, application, material type and construction type.

1) Vehicle Type:

i) Passenger Car

ii) Light Commercial Vehicle

iii) Heavy Commercial Vehicle

2) Market Type:

i) OE

ii) Aftermarket

3) Application:

i) Spark Plugs

(1) Hot Spark Plugs

(2) Cold Spark Plugs

ii) Glow Plugs

(1) Metal Glow Plug

(2) Ceramic Glow Plug

4) Construction Type:

i) Pencil Glow Plug

ii) Coil Glow Plug

5) Material Type:

i) Standard Spark Plug

ii) Iridium Spark Plug

iii) Platinum Spark Plug

Geographical Analysis:

Geographically, Asia-Oceania being the largest vehicle producer is estimated to be the largest market for automotive spark & glow plug. China and India are the main contributors to the growth of automotive spark & glow plug market in Asia-Oceania region. A slower growth of this market canbe seen in Latin America and Europe.

Key Players:

Some of the key players in the automotive spark plugs and glow plugs market are NGK Spark Co. Ltd,BorgWarner Inc., Robert Bosch GmbH, Denso Corporation, Federal-Mogul Corporation, ACDelco Corporation and Autolite.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage