Global Two-Wheeler Spark Plugs Market 2018 - Bosch, Denso, Valeo, NGK Spark Plugs, Magneti Marelli
A spark plug is a device used to transfer electric current to the combustion chamber to ignite the air-fuel mixture with an electric spark.
The increase in personal mobility is one of the primary drivers for market growth. The rising need for personal mobility leads to the growth in sales of two-wheelers. However, the increasing traffic congestion has curbed the personal mobility due to the decrease in the speed of traffic. It has been observed that in cities like Beijing in China and Bengaluru in India, the traffic speeds are about 8 miles/ hour during peak hours. To counter the long waiting hours in traffic, the two-wheeler scooter segment is the preferred option as they offer more flexibility and personal mobility on congested roads. This increased popularity of the scooter segment will lead to a significant increase in its sales, consecutively driving the demand for two-wheeler spark plugs during the forecasted period.
APAC led the global two-wheeler spark plugs market during 2017 and is foreseen to continue the domination during the forecast period. Factors such as the increase in disposable income, the launch of new two-wheeler models by OEMs, and the growing need for personal mobility contribute to the growth of the market in the region. Moreover, increase in traffic congestion, lack of efficient public transportation systems, and high growth of luxury segment motorcycles due to low penetration also augments the market's growth in APAC.
The global Two-Wheeler Spark Plugs market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Two-Wheeler Spark Plugs on the basis of this detailed study. The study shares “Two-Wheeler Spark Plugs” performance both in terms of volume and revenue.
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The market research report explores the Two-Wheeler Spark Plugs Market across the globe along with major regions and countries. The research report provides a detailed study on each and every aspect of “Two-Wheeler Spark Plugs Market”. The research report studies the entire value chain from raw material to end user industries. The report also shares import/export statistics along with production and consumption for all major regions and countries. Moreover, the research study classifies the Two-Wheeler Spark Plugs Market based on major product types, application and end users industries of Two-Wheeler Spark Plugs. Besides, the report also covers geographical segmentation for Two-Wheeler Spark Plugs Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.
Top Manufacturers Analysis of This Report
NGK Spark Plugs
The competitive landscape of the global market for Two-Wheeler Spark Plugs is determined by assessing the major industry participants, production capacity, production capacity utilization rate, Two-Wheeler Spark Plugs Market’s production chain, pricing by each manufacturer and the revenue generated by each manufacturer in the Two-Wheeler Spark Plugs Market globally.
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The Global Two-Wheeler Spark Plugs Market 2018 is further analyzed on the basis of product pricing, Two-Wheeler Spark Plugs production volume, data pertaining to demand and Two-Wheeler Spark Plugs supply, and the revenue garnered by the product. The report provides upstream and downstream analysis covering major raw material used in manufacturing of Two-Wheeler Spark Plugs along with detailed manufacturing sources. The report also shares list of major raw material manufacturers along with their manufacturing locations. Detailed raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Various methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to present a comprehensive, detailed study of the industry for Two-Wheeler Spark Plugs across the world.
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