Report Thumbnail
Product Code BW091250848CH1
Published Date 2024/4/5
English200 PagesGlobal

Global Automotive Spark Plugs And Glow Plugs Market Size study & Forecast, by Vehicle Type (Passenger Cars, LCVS, HCVs), by Type of Spark plug and glow (Hot Spark Plugs, Cold Spark Plugs, Metal Spark Plugs, Ceramic Spark Plugs), and Regional Analysis, 2023-2030Automotive_Mobility Market


Report Thumbnail
Product Code BW091250848CH1◆The Apr 2026 edition is also likely available. We will check with the publisher immediately.
Published Date 2024/4/5
English 200 PagesGlobal

Global Automotive Spark Plugs And Glow Plugs Market Size study & Forecast, by Vehicle Type (Passenger Cars, LCVS, HCVs), by Type of Spark plug and glow (Hot Spark Plugs, Cold Spark Plugs, Metal Spark Plugs, Ceramic Spark Plugs), and Regional Analysis, 2023-2030Automotive_Mobility Market



Abstract


Summary

Global Automotive Spark Plugs And Glow Plugs Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over during the forecast period 2023-2030. Automobile engines typically fall into two categories: diesel engines and gasoline engines. In gasoline engines, spark plugs generate an electric discharge that ignites the gasoline, initiating combustion within the engine. Conversely, in diesel engines, glow plugs serve a similar purpose by generating heat, which aids in igniting the diesel fuel, particularly in cold weather conditions. Glow plugs are installed within the cylinder head of a diesel engine, while spark plugs are positioned within the cylinders of a gasoline engine. Both glow plugs and spark plugs are integral components of their respective ignition systems, facilitating the ignition process essential for the operation of both diesel and gasoline engines. The market growth is driven by key factors such a the growing adoption of high performed vehicles, the growing automotive industry, increasing adoption of Electric vehicles. For instance, during the initial six months of 2023, the European Union witnessed notablesignificant growth in various automotive sectors. New van sales surged by 11.2%, while new truck sales saw a remarkable increase of 20%. Additionally, new bus sales experienced a significant uptick of 15% compared to the first quarter of 2022. These positive trends were facilitated by the alleviation ofalleviating supply chain constraints during the forecastis period. There has been a significant increase in global automobile production and sales post-pandemic.Moreover, following the pandemic, there has been a notable uptick in automobile production and sales worldwide. For instance, as pr Statista, in 2021, global car sales surged to approximately 66.7 million units, marking an increase from around 63.8 million units in 2020. Additionally, SUVs accounted for over 45% of total global car sales in 2021. These trends are anticipated to fuel the expansion of the global automotive industry, consequently bolstering growth within the automotive glow plug sector. However, increasing electrification of vehicles stifles market growth throughout the forecast period of 2023-2030. The key regions considered for the Global Automotive Spark Plugs and Glow Plugs Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is leading the overall market share of the market, also expected robust growth at a healthy Compound Annual Growth Rate (CAGR). This regional market dominance is fueled by the rising sales of automobiles and escalating demand for vehicles. Asia Pacific is expected to be the fastest growing region in the upcoming years outshines other regions in terms of profit contribution , primarily due to the abundance of automotive producers and substantial car sales across the region's countries. Major market player included in this report are: Autolite (Fram Group LLC) Denso Corporation NGK Spark Plug Co. Ltd Robert Bosch GmbH BorgWarner Inc. Tenneco Inc. ACDelco Corporation KLG Spark Plugs Wellman Glow Plugs Co. (WAP Inc.) Recent Developments in the Market:  In July 2023, Denso Corporation and NGK Spark Plug Co., Ltd. initiated discussions regarding the potential transfer of Denso's ceramic products, including spark plugs, O2 sensors, and air-fuel ratio sensors, to NGK Spark Plug Co., Ltd.  In June 2023, VM Motori, a company within the Stellantis Group, unveiled plans to launch an H2 (hydrogen) version of its 2.2-liter engine. This engine boasts a 62 kW output and 270 Nm peak torque, featuring updated components such as common rail, pistons, spark plugs, ignition coil, and pressure regulator.  In June 2022, NGK Spark Plug Co., Ltd. entered into a basic agreement with International Metalworking Companies BV (IMC) to explore a potential capital and business alliance in the machine tools sector. This collaboration enabled NGK Spark Plug Co., Ltd. to expand its footprint in the European region and enhance its facilities.  Global Automotive Spark Plugs And Glow Plugs Market Report Scope:  Historical Data – 2020 - 2021  Base Year for Estimation – 2022  Forecast period - 2023-2030  Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends  Segments Covered – Vehicle Type, Type of Spark Plug and Glow, Region  Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa  Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope* The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study. The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Vehicle Type: Passenger Cars LCVs HCVs By Type of Spark Plug and Glow: Hot Spark Plugs Cold Spark Plugs Metal Spark Plugs Ceramic Spark Plugs By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Middle East & Africa Saudi Arabia South Africa Rest of Middle East & Africa

Table of Contents

  • 1 Executive Summary

    • 1.1 Market Snapshot
    • 1.2 Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
      • 1.2.1 Automotive Spark Plugs And Glow Plugs Market, by Region, 2020-2030 (USD Billion)
      • 1.2.2 Automotive Spark Plugs And Glow Plugs Market, by Vehicle Type, 2020-2030 (USD Billion)
      • 1.2.3 Automotive Spark Plugs And Glow Plugs Market, by Type of Spark Plugs and Glow, 2020-2030 (USD Billion)
    • 1.3 Key Trends
    • 1.4 Estimation Methodology
    • 1.5 Research Assumption
  • 2 Global Automotive Spark Plugs And Glow Plugs Market Definition and Scope

    • 2.1 Objective of the Study
    • 2.2 Market Definition & Scope
      • 2.2.1 Industry Evolution
      • 2.2.2 Scope of the Study
    • 2.3 Years Considered for the Study
    • 2.4 Currency Conversion Rates
  • 3 Global Automotive Spark Plugs And Glow Plugs Market Dynamics

    • 3.1 Automotive Spark Plugs And Glow Plugs Market Impact Analysis (2020-2030)
      • 3.1.1 Market Drivers
        • 3.1.1.1 Growing adoption of high performed vehicles
        • 3.1.1.2 Growing automotive industry
        • 3.1.1.3 Increasing adoption of Electric vehicles
      • 3.1.2 Market Challenges
        • 3.1.2.1 Increasing electrification of vehicles
      • 3.1.3 Market Opportunities
        • 3.1.3.1 Technological advancement
        • 3.1.3.2 Demand for hot spark plug
  • 4 Global Automotive Spark Plugs And Glow Plugs Market Industry Analysis

    • 4.1 Porter’s 5 Force Model
      • 4.1.1 Bargaining Power of Suppliers
      • 4.1.2 Bargaining Power of Buyers
      • 4.1.3 Threat of New Entrants
      • 4.1.4 Threat of Substitutes
      • 4.1.5 Competitive Rivalry
    • 4.2 Porter’s 5 Force Impact Analysis
    • 4.3 PEST Analysis
      • 4.3.1 Political
      • 4.3.2 Economical
      • 4.3.3 Social
      • 4.3.4 Technological
      • 4.3.5 Environmental
      • 4.3.6 Legal
    • 4.4 Top investment opportunity
    • 4.5 Top winning strategies
    • 4.6 COVID-19 Impact Analysis
    • 4.7 Disruptive Trends
    • 4.8 Industry Expert Perspective
    • 4.9 Analyst Recommendation & Conclusion
  • 5 Global Automotive Spark Plugs And Glow Plugs Market, by Vehicle Type

    • 5.1 Market Snapshot
    • 5.2 Global Automotive Spark Plugs And Glow Plugs Market by Vehicle Type, Performance - Potential Analysis
    • 5.3 Global Automotive Spark Plugs And Glow Plugs Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
    • 5.4 Automotive Spark Plugs And Glow Plugs Market, Sub Segment Analysis
      • 5.4.1 Passenger Cars
      • 5.4.2 LCVs
      • 5.4.3 HCVs
  • 6 Global Automotive Spark Plugs And Glow Plugs Market, by Type of Spark Plugs and Glow

    • 6.1 Market Snapshot
    • 6.2 Global Automotive Spark Plugs And Glow Plugs Market by Type of Spark Plugs and Glow , Performance - Potential Analysis
    • 6.3 Global Automotive Spark Plugs And Glow Plugs Market Estimates & Forecasts by Type of Spark Plugs and Glow 2020-2030 (USD Billion)
    • 6.4 Automotive Spark Plugs And Glow Plugs Market, Sub Segment Analysis
      • 6.4.1 Hot Spark Plugs
      • 6.4.2 Cold Spark Plugs
      • 6.4.3 Metal Spark Plugs
      • 6.4.4 Ceramic Spark Plugs
  • 7 Global Automotive Spark Plugs And Glow Plugs Market, Regional Analysis

    • 7.1 Top Leading Countries
    • 7.2 Top Emerging Countries
    • 7.3 Automotive Spark Plugs And Glow Plugs Market, Regional Market Snapshot
    • 7.4 North America Automotive Spark Plugs And Glow Plugs Market
      • 7.4.1 U.S. Automotive Spark Plugs And Glow Plugs Market
        • 7.4.1.1 Vehicle Type breakdown estimates & forecasts, 2020-2030
        • 7.4.1.2 Type of Spark Plugs and Glow breakdown estimates & forecasts, 2020-2030
      • 7.4.2 Canada Automotive Spark Plugs And Glow Plugs Market
    • 7.5 Europe Automotive Spark Plugs And Glow Plugs Market Snapshot
      • 7.5.1 U.K. Automotive Spark Plugs And Glow Plugs Market
      • 7.5.2 Germany Automotive Spark Plugs And Glow Plugs Market
      • 7.5.3 France Automotive Spark Plugs And Glow Plugs Market
      • 7.5.4 Spain Automotive Spark Plugs And Glow Plugs Market
      • 7.5.5 Italy Automotive Spark Plugs And Glow Plugs Market
      • 7.5.6 Rest of Europe Automotive Spark Plugs And Glow Plugs Market
    • 7.6 Asia-Pacific Automotive Spark Plugs And Glow Plugs Market Snapshot
      • 7.6.1 China Automotive Spark Plugs And Glow Plugs Market
      • 7.6.2 India Automotive Spark Plugs And Glow Plugs Market
      • 7.6.3 Japan Automotive Spark Plugs And Glow Plugs Market
      • 7.6.4 Australia Automotive Spark Plugs And Glow Plugs Market
      • 7.6.5 South Korea Automotive Spark Plugs And Glow Plugs Market
      • 7.6.6 Rest of Asia Pacific Automotive Spark Plugs And Glow Plugs Market
    • 7.7 Latin America Automotive Spark Plugs And Glow Plugs Market Snapshot
      • 7.7.1 Brazil Automotive Spark Plugs And Glow Plugs Market
      • 7.7.2 Mexico Automotive Spark Plugs And Glow Plugs Market
    • 7.8 Middle East & Africa Automotive Spark Plugs And Glow Plugs Market
      • 7.8.1 Saudi Arabia Automotive Spark Plugs And Glow Plugs Market
      • 7.8.2 South Africa Automotive Spark Plugs And Glow Plugs Market
      • 7.8.3 Rest of Middle East & Africa Automotive Spark Plugs And Glow Plugs Market
  • 8 Competitive Intelligence

    • 8.1 Key Company SWOT Analysis
      • 8.1.1 Company 1
      • 8.1.2 Company 2
      • 8.1.3 Company 3
    • 8.2 Top Market Strategies
    • 8.3 Company Profiles
      • 8.3.1 Autolite (Fram Group LLC)
        • 8.3.1.1 Key Information
        • 8.3.1.2 Overview
        • 8.3.1.3 Financial (Subject to Data Availability)
        • 8.3.1.4 Product Summary
        • 8.3.1.5 Recent Developments
      • 8.3.2 Denso Corporation
      • 8.3.3 NGK Spark Plug Co. Ltd
      • 8.3.4 Robert Bosch GmbH
      • 8.3.5 BorgWarner Inc
      • 8.3.6 Tenneco Inc
      • 8.3.7 ACDelco Corporation
      • 8.3.8 KLG Spark Plugs
      • 8.3.9 Wellman Glow Plugs Co. (WAP Inc.)
  • 9 Research Process

    • 9.1 Research Process
      • 9.1.1 Data Mining
      • 9.1.2 Analysis
      • 9.1.3 Market Estimation
      • 9.1.4 Validation
      • 9.1.5 Publishing
    • 9.2 Research Attributes
    • 9.3 Research Assumption
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