Automotive Ignition System Market 2017: Global Research Report Automotive Ignition Market Size & Share Driven by Thriving Automotive, Aerospace and Construction Industries 2017-2022

Dublin 2, Ireland, 2018-Jul-11 — With rising production of automobiles, the demand for effective ignition systems is gaining momentum. OEMs are adopting advanced ignition technologies to develop upgraded variants to existing automotive ignition systems, which are further finding applicability with new age engines. In addition to this, growing popularity of EVs and hybrids is further boosting the need for advanced automotive ignition systems. This report offers a systematic breakdown on the growth of global automotive ignition market till date, and provides an insightful forecast on the market’s expansion during 2017-2022.

FactMR has included the latest Forecast report titled “Automotive Ignition System Market 2017: Global Research Report Automotive Ignition Market Size & Share Driven by Thriving Automotive, Aerospace and Construction Industries 2017-2022”, to its vast database. The scope of the report is to analyze the global automotive ignition market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive ignition system manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

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It will be an understatement to say that the global automotive sector is in the midst of a transformation. Progress in electric and driverless cars has spawned an unprecedented fusion of automotive engineering and technology. In the quest to make next-gen fuel efficient cars, manufacturers are emphasizing on improve automotive ignition systems. Research on developing ignition systems that allow for complete combustion and lower temperature initiation. Focus is also shifting to create ignition systems that enable real-time, in-cylinder diagnostics so that adjustments can be made quickly. As automakers scramble to meet stringent fuel emissions mandates, ignition systems become a key focus area in terms of investment on R&D.

An ignition system produces a spark to ignite a mixture of fuel and air. An ignition system usually comprises battery, spark plugs, ignition coils, distributor, and associated switches. Ignition systems are widely used in the automotive sector.

Governmental regulations coupled with the prominence of next-gen convergence of technology and automobile companies can impact the automotive ignition systems market. In the developed world, consumers can shift to electric vehicle use exclusively, but this is somewhat challenging in emerging markets on account of poor infrastructure and inadequate power supply. Even though the shift towards green technology has begun in earnest in 2017, it will be a long time before it becomes the norm and not the exception. The global automotive ignition systems market, currently valued at US$ 5.3 billion, is projected to grow at stable CAGR and surpass US$ 7 billion in revenues by 2022.

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It seems quite unlikely that gasoline will lessen its stranglehold on the automotive ignition systems market as the fuel is preferred by most customers over its ‘dirtier’ counterpart diesel. Gasoline is expected to account for the majority share of the automotive ignition systems market in 2017. As there are only two main fuels in the automotive ignition systems market, petrol’s loss is diesel’s gain which is why the latter is expected to gain traction in the near future.

Electronic Automotive Ignition Systems are the Biggest Portions of the Pie

The electronic segment of the automotive ignition systems market is projected to grow to almost US$ 2.8 billion in 2022, from US$2.1 billion in 2017.Even though electronic segment will lose market share during the forecast period, it will continue to remain attractive. APEJ will continue to remain an attractive market, accounting for over one-third revenue share.

Focus on OEM Channels for Maximum Gains in Automotive Ignition systems market

With a revenue share of nearly two-third, it is hardly surprising that OEM channels account for the lion’s share of the automotive ignition systems market. With a market value predicted to touch US$4.3 billion in 2022, it would be foolhardy to ignore this highly lucrative automotive ignition systems market segment.

Competition Tracking

The report also profiles key players in the global automotive ignition systems market, which include companies namely, BorgWarner, Delphi Automotive LLP, Denso Corporation, Federal-Mogul, Robert Bosch, CEP Technologies Corporation, Hitachi Automotive Systems Americas, Inc., Continental AG, Wells Vehicle Electronics, Diamond Electric Mfg. Corp, and Valeo.

Table of Contents

Chapter 1 Global Automotive Ignition System Market - Executive Summary 29

Chapter 2 Global Automotive Ignition System Market Overview 31

2.1 Introduction 31

      2.1.1 Global Automotive Ignition System Market Taxonomy 31

      2.1.2 Global Automotive Ignition System Market Definition 31

2.2 Global Automotive Ignition System Market Size (US$ Mn) and Forecast, 2012-2022 31

      2.2.1 Global Automotive Ignition System Market Y-o-Y Growth 31

2.3 Global Automotive Seat Market: Macroeconomic Factors 32

      2.3.1 Economic Outlook 32

      2.3.2 Profitability of Enterprises 32

      2.3.3 Inflation and Deflation 33

      2.3.4 Increasing Purchasing Power of Middle Class 33

      2.3.5 Complex Eco System 33

      2.3.6 Risk Mitigation 33

2.4 Global Automotive Ignition System Market Dynamics 34

      2.4.1 Drivers 34

                   2.4.1.1 Shift Toward Green Technology 34

                   2.4.1.2 Innovations in Technology 34

                   2.4.1.3 The Influence of China 35

                   2.4.1.4 Dilemma on Shift to New Technologies 35

CONTINUED……………….

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