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Global Spark and Glow Plug Market Size, by Product Type, by Application, by Distribution Channel, by Region, Market Trend Analysis, Competitive Analysis, Size and Forecast, 2015-2025

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    Report

  • 120 Pages
  • April 2019
  • Region: Global
  • Blueweave Consulting & Research Pvt Ltd
  • ID: 4793166
The global Spark And Glow Plug market are anticipated to worth USD 3,803 millions by 2025, with a CAGR of 5.9% during 2019-2025. The Global Spark And Glow Plug Market are growing at promising growth rates over the forecast period, which is influenced by many factors, such as increasing automotive production, governments’ stringent emission norms, and growing demand for higher fuel efficiency. The spark is designed to fit in each cylinder of a gasoline-powered internal-combustion engine to produce the electric spark for ignition of the air-fuel mixture. In contrast, the glow plug is fitted into each cylinder of a diesel engine, along with a heating element to heat incoming fuel and air to ensure efficient combustion when the engine is cold.

Moreover, technological advancements and innovation, like E3 high-performance, plasma core, and ACIS (Advanced Corona Ignition System) in designing spark plugs, are the key factors responsible for the growth of spark and glow plug market in coming years. Furthermore, increasing replacement interval for spark plugs and engine downsizing along with the business expansion and collaboration by prominent players with technology providers are some of the ongoing trends in the emerging market. Besides, manufacturers are making long-term contracts with suppliers to reduce production costs is another factor that will fuel the growth of the global spark and glow plug market over the forecast period. Additionally, the anticipated entrance of major automotive OEMs in the emerging market is expected to drive the growth of the market during the forecast period.

Spark plug segment is projected to hold the dominant position in the global spark and glow plug market during the anticipated period

The spark plug segment is expected to dominate the global market and is projected to retain its dominance over the forecast period. Owing to the increasing sales of passenger cars that run on gasoline is one of the major factors expected to aid in the growth of the market over the forecast period. However, the demand for glow plugs will be increasing in the coming years as the demand for diesel engine vehicles is surging in the forthcoming years. Glow plugs are preferred as it is responsible for reducing the vibrations, noises, and smoke emissions in diesel engines to ensure improved drivability in cold weather, thus meeting the regional emission and other laws as well. Furthermore, the increasing fuel prices and rigid vehicle emission norms, is making a shift in consumer preference for diesel engine powered passenger cars resulting in an increase in the demand for the spark and glow plug.

Asia Pacific region is projected to hold the dominant position in the global spark and glow plug market during the anticipated period

Based on region, the spark plug and glow plug market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific market is expected to dominate the global spark plug and glow plug market in terms of revenue contribution in the global market. The growth of the market is mainly attributed to the availability of a large number of manufacturers, as well as the high sale of vehicles in developing countries of the region such as India, China, Japan, and South Korea are some of the major countries in the spark plugs market. Moreover, the increasing sales of passenger cars in the region are one of the major factors for the growth of the spark plug market in the region. Besides, due to the technology advancement in spark plug and glow plug such as pressure sensor glow plugs for diesel engines is also expected to propel the overall growth of the market over the forecast period.

Key Developments in the Market

  • January 2017: NGK spark plug Europe launched five new ignition coils and boosted the number of applications for cars from PSA and GM.

Global Spark and Glow Plug Market: Competitive Landscape

The key players operating in the global Spark Plugs market include NGK Spark Plug Co. Ltd, Federal-Mogul Corporation, Borgwarner Inc, Denso Corporation, Robert Bosch Gmbh, General Motors, Delphi Automotive, Valeo, Weichai Power Co. Ltd., and UCI-Fram Auto brands. Major Key Players are focused on organic and inorganic strategies such as merger & acquisition, and new product launches to enhance their business and product.


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Table of Contents

1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Qualitative Research
2.1.1. Primary & Secondary Sources
2.2. Quantitative Research
2.2.1. Primary & Secondary Sources
2.3. Breakdown of Primary Research Respondents, By Region
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Industry Participants
2.5. Market Size Estimation
2.6. Assumption for the Study
2.7. Market Breakdown & Data Triangulation
3. Executive Summary
4. Industry Insights
4.1. Industry Value Chain Analysis
4.1.1. Vendor Matrix
4.2. Pricing Analysis
4.3. Industry Impact and Forces
4.3.1. Growth Drivers
4.3.2. Challenges
4.4. Technological Landscape
4.5. Regulatory Framework
4.6. Company market share analysis,2018
4.7. Growth Potential analysis,2018
4.8. Porter’s Five forces analysis
4.8.1. Bargaining Power of Suppliers
4.8.2. Bargaining Power of Buyers
4.8.3. Threat of New Entrants
4.8.4. Threat of Substitutes
4.8.5. Intensity of Rivalry
4.9. PESTEL Analysis
4.10. Strategic Outlook
5. Global Spark and Glow Plug Market Overview
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product Type
5.2.2. By Application
5.2.3. By Region
6. Global Spark and Glow Plug Market, By Product Type
6.1. Key Product Type Trends
6.2. Spark Plug
6.2.1. Market estimates & forecast, 2015-2025
6.3. Glow Plugs
6.3.1. Market estimates & forecast, 2015-2025
7. Global Spark and Glow Plug Market, By Spark Plug
7.1. Key Spark Plug Trends
7.2. Hot Plug
7.2.1. Market estimates & forecast, 2015-2025
7.3. Cold Plug
7.3.1. Market estimates & forecast, 2015-2025
8. Global Spark and Glow Plug Market, By Glow Plug
8.1. Key Glow Plug Trends
8.2. Metal Plug
8.2.1. Market estimates & forecast, 2015-2025
8.3. Ceramic Plug
8.3.1. Market estimates & forecast, 2015-2025
9. Global Spark and Glow Plug Market, By Application
9.1. Key Application Trends
9.2. Passenger Vehicle
9.2.1. Market estimates & forecast, 2015-2025
9.3. Light Vehicle
9.3.1. Market estimates & forecast, 2015-2025
9.4. Heavy Commercial Vehicle
9.4.1. Market estimates & forecast, 2015-2025
10. Global Spark and Glow Plug Market, By Distribution Channel
10.1. Key Distribution Channel Trends
10.2. OEM
10.2.1. Market estimates & forecast, 2015-2025
10.3. Aftermarket
10.3.1. Market estimates & forecast, 2015-2025
11. Global Spark and Glow Plug Market, By Region
11.1. Key Regional Trends
11.2. North America
11.2.1. Market estimates & forecast, 2015-2025
11.2.2. Market estimates & forecast, By Product Type, 2015-2025
11.2.3. Market estimates & forecast, By Application, 2015-2025
11.2.4. Market estimates & forecast, By Country, 2015-2025
11.3. Europe
11.3.1. Market estimates & forecast, 2015-2025
11.3.2. Market estimates & forecast, By Product Type, 2015-2025
11.3.3. Market estimates & forecast, By Application, 2015-2025
11.3.4. Market estimates & forecast, By Country, 2015-2025
11.4. Asia Pacific
11.4.1. Market estimates & forecast, 2015-2025
11.4.2. Market estimates & forecast, By Product Type, 2015-2025
11.4.3. Market estimates & forecast, By Application, 2015-2025
11.4.4. Market estimates & forecast, By Country, 2015-2025
11.5. Latin America
11.5.1. Market estimates & forecast, 2015-2025
11.5.2. Market estimates & forecast, By Product Type, 2015-2025
11.5.3. Market estimates & forecast, By Application, 2015-2025
11.5.4. Market estimates & forecast, By Country, 2015-2025
11.6. Middle east & Africa
11.6.1. Market estimates & forecast, 2015-2025
11.6.2. Market estimates & forecast, By Product Type, 2015-2025
11.6.3. Market estimates & forecast, By Application, 2015-2025
11.6.4. Market estimates & forecast, By Country, 2015-2025
12. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)
12.1 NGK Spark Plug Co. Ltd
12.2 Federal-Mogul Corporation
12.3 Denso Corporation
12.4 Robert Bosch GmbH
12.5 Borgwarner Inc.
12.6 Weichai Power Co., Ltd.
12.7 Valeo SA
12.8 ACDelco Corporation
12.9 Magneti Marelli Aftermarket N.A.
12.12 Autolite (Fram Group LLC)
12.11 Delphi
12.12 Hyundai
12.13 KLG Spark Plugs
12.14 Wellman Glow Plugs Co.
12.15 Valeo SA
12.16 ACDelco Corporation
12.17 General Motors (Acdelco Corporation)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • NGK Spark Plug Co. Ltd
  • Federal-Mogul Corporation
  • Borgwarner Inc
  • Denso Corporation
  • Robert Bosch Gmbh
  • General Motors
  • Delphi Automotive
  • Valeo
  • Weichai Power Co. Ltd.

Methodology

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