2023年上半期において、欧州連合は新しいバンの販売が11.2%、新しいトラックの販売が20%、新しいバスの販売が15%増加しました。これは2022年第1四半期と比較したもので、サプライチェーンの問題が緩和されたためです。

2023年7月、デンソー株式会社とNGKスパークプラグ株式会社は、スパークプラグ、O2センサー、空燃比センサーなどのデンソーのセラミック製品をNGKスパークプラグ株式会社に移管することについての議論を始めました。

• 2023年6月、ステランティスグループの子会社であるVMモトリは、2.2リットルエンジンのH2（水素）バージョンの発表を行いました。このエンジンは、62 kWの出力と270 Nmのピークトルク、更新されたコモンレール、ピストン、スパークプラグ、点火コイル、圧力調整器を備えています。

2022年6月、NGKスパークプラグ株式会社は国際金属加工企業（IMC）との間で、工作機械ビジネスにおける資本・事業提携についての基本合意を締結しました。この合意を通じて、同社は欧州地域での施設を拡大しました。

• 1 イントロダクション

  • 1.1 調査の前提

  • 1.2 本調査の範囲

• 2 調査手法

• 3 エグゼクティブサマリー

• 4 市場ダイナミクス

  • 4.1 市場の促進要因

    • 4.1.1 商用車販売の増加

  • 4.2 市場の抑制要因

  • 4.3 ポーターのファイブフォース分析

    • 4.3.1 サプライヤーの交渉力

    • 4.3.2 買い手・消費者の交渉力

    • 4.3.3 新規参入の脅威

    • 4.3.4 代替品の脅威

    • 4.3.5 競合・競争状況の激しさ

• 5 市場セグメント（市場規模：金額（米ドル）

  • 5.1 製品タイプ別

    • 5.1.1 ホットスパークプラグ

    • 5.1.2 コールド・スパークプラグ

    • 5.1.3 金属グロープラグ

    • 5.1.4 セラミックグロープラグ

  • 5.2 対象顧客・ニーズタイプ別

    • 5.2.1 乗用車

    • 5.2.2 商用車

  • 5.3 販売チャネル別

    • 5.3.1 OEM（相手先ブランド製造）メーカー

    • 5.3.2 アフターマーケット

  • 5.4 地域別

    • 5.4.1 北米

      • 5.4.1.1 米国
      • 5.4.1.2 カナダ
      • 5.4.1.3 その他の北米

    • 5.4.2 ヨーロッパ

      • 5.4.2.1 ドイツ
      • 5.4.2.2 英国
      • 5.4.2.3 フランス
      • 5.4.2.4 イタリア
      • 5.4.2.5 スペイン
      • 5.4.2.6 その他のヨーロッパ

    • 5.4.3 アジア太平洋

      • 5.4.3.1 中国
      • 5.4.3.2 インド
      • 5.4.3.3 日本
      • 5.4.3.4 韓国
      • 5.4.3.5 その他のアジア太平洋

    • 5.4.4 その他の地域

      • 5.4.4.1 南米
      • 5.4.4.2 中東・アフリカ

• 6 競合情勢

  • 6.1 ベンダー市場シェア

  • 6.2 企業プロファイル*

    • 6.2.1 DENSO Corporation

    • 6.2.2 NGK Spark Plug Co. Ltd

    • 6.2.3 Robert Bosch GmbH

    • 6.2.4 BorgWarner Inc

    • 6.2.5 Autolite (Fram Group LLC)

    • 6.2.6 Tenneco Inc

    • 6.2.7 ACDelco Corporation

    • 6.2.8 Niterra Co., Ltd

    • 6.2.9 Wellman glow plugs Co

• 7 市場機会と今後の動向

The Automotive Spark Plugs and Glow Plugs market is valued at USD 7.50 billion in the current year. It is anticipated to grow to USD 9.77 billion by the next five years, registering a CAGR of 4.5% in terms of revenue during the forecast period.

Over the medium term, with the increased need for personal and individual mobility, both new and aftermarket sales are set to improve drastically, consequently improving the market economics after the pandemic. The expected increase in demand for heavy materials transport is bound to improve new and aftermarket sales of spark plugs and glow plugs.

One of the major factors driving the growth of the market studied is the increasing demand and sales of commercial vehicles (owing to the rise in the e-commerce sector, resulting in growth in the logistics industry and construction sector). However, factors such as growing penetration and demand for electric vehicles, as well as functional issues, may hinder the growth of the market studied.

According to the Eurostat, about 75% of inland cargo transports within the European Union, which translates to about 1,750 billion metric ton-kilometers (t km), takes place by road. In some European countries, this percentage goes as high as 90% or more. As a result, the demand for commercial vehicles and, subsequently, the glow plugs from OEM and aftermarket channels is continually increasing in the region. It is owing to the growing logistics industry, as well as the increasing usage of light commercial vehicles, such as vans (for ride-hailing services).

Platinum and Iridium-based spark plugs are the widely used varieties of which iridium-based cold-type spark plugs are majorly used in high-performance engines. On the other hand, the demand for factory-fitted glow plugs is observing a decline in the sales of sedans, owing to the transformation to down-sized gasoline engines from conventional diesel engines.

Automotive Spark Plugs And Glow Plugs Market Trends

Rise in Commercial Vehicle Sales

Commercial vehicles are witnessing high demand across the world, with high-capacity utilization and profitability driving the momentum for fleet renewal and expansion activities. Strong and sustained freight demand across the world and the growth of the e-commerce industry are propelling operators to purchase new commercial vehicles.

The overall macroeconomic environment is favorable, with robust utilization and profitability across operators boosting fleet renewals and expansions at an accelerated pace.

Increasing demand for commercial vehicles across the world, especially across Europe, Asia-Pacific, and Middle East & Africa, and higher penetration of diesel-powered engines in commercial vehicles when compared to gasoline-powered engines, is primarily driving the growth.For instance,

• In the first half of 2023, the European Union recorded an increase of 11.2% in new van sales, a 20% increase in new truck sales, and a 15% increase in new bus sales compared to Q1 2022 with the relaxation in supply chain issues.

Commercial vehicles witnessed significant growth in the last five years, and the trend is expected to continue during the forecast period. Commercial vehicles include applications in various industries, like construction, goods transportation, manufacturing industry, and various others.

Therefore, the growth of these end-user industries is anticipated to drive the demand for commercial vehicles. It, in turn, is likely to enhance the demand for spark plugs and glow plugs during the forecast period.

Growing mining and construction sector activities among developing and developed nations are expected to contribute significantly to market growth. Further, rapid growth in the transportation and logistics industry, advancements in infrastructure, and increased recreational activities in global trade are anticipated to offer new opportunities for players in the market.

With the development mentioned above across the globe, the demand for commercial vehicles is likely to grow in the coming years.

Asia-Pacific and Europe to Witness Significant share during the Forecast Period

The increasing production and sales of commercial vehicles is anticipated to be the major driving factor for the market during the forecast period. However, the majority of the new passenger cars sold in China are gasoline-powered, owing to which the demand for glow plugs from passenger cars is anticipated to remain slow during the forecast period.

As a result, the demand for commercial vehicles and, subsequently, the glow plugs from OEM and aftermarket channels is continually increasing in the region, owing to the growing logistics industry, as well as the increasing usage of light commercial vehicles, such as vans (for ride-hailing services). Thus, the demand for lightweight vehicle components to integrate into light commercial vehicles is expected to rise significantly during the forecast period.

With the regulations mandating the LCVs to stay within the stipulated weight limit, it became critical for OEMs to focus on making LCVs with lighter materials. As the e-commerce industry continues to witness growth across Europe, the demand for a more advanced distribution network is increasing.

Apart from Europe, the Asia-Pacific region is also experiencing a boom in the sales of commercial vehicles, owing to the growing e-commerce, resulting in the growth of the logistics, construction, and mining industries.

Thus, based on the developments above, the demand for glow plugs is expected to increase in the future.

Automotive Spark Plugs And Glow Plugs Industry Overview

The spark plugs and several key players, such as DENSO Corporation, Niterra Co., Ltd. Robert Bosch GmbH, Tenneco Inc., BorgWarner Inc., and others dominate the Glow plugs market. The growing expansion of manufacturing facilities and introduction of lightweight engines is likely to witness major growth for the market in the coming years. For instance,

• In July 2023, Denso Corporation and NGK Spark Plug Co., Ltd. began a discussion regarding the transfer of Denso ceramic products, such as spark plugs, O2 sensors, and air-fuel ratio sensors, to NGK Spark Plug Co., Ltd.
• In June 2023, VM Motori, a Stellantis Group company, announced to launch of an H2 (hydrogen) version of its 2.2 l engine. The engine is equipped with 62 kW output and 270 Nm peak torque, an updated common rail, pistons, spark plugs, ignition coil, and pressure regulator.
• In June 2022, NGK Spark Plug Co., Ltd. signed a basic agreement with International Metalworking Companies BV (IMC) to start discussions on a capital and business alliance in the machine tools business. Through this agreement, the company expanded its facilities across the European region,

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

• 1 INTRODUCTION

  • 1.1 Study Assumptions

  • 1.2 Scope of the Study

• 2 RESEARCH METHODOLOGY

• 3 EXECUTIVE SUMMARY

• 4 MARKET DYNAMICS

  • 4.1 Market Drivers

    • 4.1.1 Rise in Commercial Vehicle Sales

  • 4.2 Market Restraints

    • 4.2.1 The Rise in demand for Electric Vehicle Sale Will Hinder the Market Growth

  • 4.3 Porter's Five Forces Analysis

    • 4.3.1 Bargaining Power of Suppliers

    • 4.3.2 Bargaining Power of Buyers/Consumers

    • 4.3.3 Threat of New Entrants

    • 4.3.4 Threat of Substitute Products

    • 4.3.5 Intensity of Competitive Rivalry

• 5 MARKET SEGMENTATION (Market Size in Value (USD))

  • 5.1 By Product Type

    • 5.1.1 Hot Spark Plug

    • 5.1.2 Cold Spark Plug

    • 5.1.3 Metal Glow Plug

    • 5.1.4 Ceramic Glow Plug

  • 5.2 By Vehicle Type

    • 5.2.1 Passenger Cars

    • 5.2.2 Commercial Vehicles

  • 5.3 By Sales Channel

    • 5.3.1 Original Equipment Manufacturers (OEM)

    • 5.3.2 Aftermarket

  • 5.4 By Geography

    • 5.4.1 North America

      • 5.4.1.1 United States
      • 5.4.1.2 Canada
      • 5.4.1.3 Rest of North America

    • 5.4.2 Europe

      • 5.4.2.1 Germany
      • 5.4.2.2 United Kingdom
      • 5.4.2.3 France
      • 5.4.2.4 Italy
      • 5.4.2.5 Spain
      • 5.4.2.6 Rest of Europe

    • 5.4.3 Asia-Pacific

      • 5.4.3.1 China
      • 5.4.3.2 India
      • 5.4.3.3 Japan
      • 5.4.3.4 South Korea
      • 5.4.3.5 Rest of Asia-Pacific

    • 5.4.4 Rest of the World

      • 5.4.4.1 South America
      • 5.4.4.2 Middle-East and Africa

• 6 COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share

  • 6.2 Company Profiles*

    • 6.2.1 DENSO Corporation

    • 6.2.2 NGK Spark Plug Co. Ltd

    • 6.2.3 Robert Bosch GmbH

    • 6.2.4 BorgWarner Inc

    • 6.2.5 Autolite (Fram Group LLC)

    • 6.2.6 Tenneco Inc

    • 6.2.7 ACDelco Corporation

    • 6.2.8 Niterra Co., Ltd

    • 6.2.9 Wellman glow plugs Co

• 7 MARKET OPPORTUNITIES AND FUTURE TRENDS