openPR Logo
Press release

Spark Plug Market Application (Automobile, Marine, Industrial, and others {working equipment, brush cutters, scythes, mowers, and saws) With Key Players: NGK Spark Plug Co. Ltd, Federal-Mogul Corporation, Denso Corporation, Robert Bosch Gmbh and More

04-19-2019 03:06 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Spark Plug

Spark Plug

The global spark plug market is estimated to reach $2,904 million by 2022. Automobile segment is expected to maintain its dominant position throughout the forecast period. Asia-Pacific accounted for the highest share of 46% in 2015, and is anticipated to maintain its dominance throughout the forecast period.

Spark plug is an engine component, located at the top of cylinder, which delivers electric current during the combustion process to produce spark. Increase in production of gasoline and natural gas-based vehicle mostly two-wheeler and passenger cars drive the market growth. However, technical advancements to downsize automotive engines and growth in penetration of electric vehicle & electrically powered working equipment, such as mowers and saws, hinder the growth of the spark plug market. Irrespective of these challenges, increase in demand for natural gas-based vehicle and technological advancements, such as new electrode material, are expected to create numerous opportunity for the market players, thus fueling the market growth.

Need more details? Request a sample of the “Spark Plug Market” report at
https://www.alliedmarketresearch.com/request-sample/1873

Electrode material segment is divided into copper, iridium, and platinum. In 2015, iridium spark plug accounted for the largest revenue among others. This is attributed to its benefits such as long service life, approximately five times greater than copper spark plug, and high ignitability due to fine tipped center electrode. However, copper spark plug is anticipated to witness decreased growth trend. Moreover, platinum spark plug is anticipated to witness the highest growth rate of 4.8% CAGR among others.

Spark plug finds its application across several verticals such as automobile, marine, industry, and others (working equipment, brush cutters, scythes, mowers, saws). In 2015, automobile segment accounted for the largest market share among others, and is anticipated maintain its dominance due to increase in number of gasoline-based vehicle and rise in demand for natural gas vehicles. However, industrial segment is expected to witness the highest growth rate of 7.2% CAGR among others due to growth in urbanization and industrialization in developing countries, which further boosts the demand for petrol or natural gas generator.

For purchase enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/1873

Asia-Pacific accounted for the majority of revenue in 2015, and is expected to maintain its dominance, followed by Europe and North America. This is attributed to the increase in sales and production of automobiles such as two-wheelers and passenger cars and LCV.

Access full summary report at: https://www.alliedmarketresearch.com/spark-plug-market

The key players in the spark plug market are focused to expand their business operations in the emerging countries with new product launches as a preferred strategy. The major players profiled in this report include NGK Spark Plug Co. Ltd, Federal-Mogul Corporation, Denso Corporation, Robert Bosch Gmbh, FRAM Group IP LLC (Autolite), Enerpulse Technologie, Stitt Spark Plug, Acdelco Corporation, E3 Sparkplugs, Zhuzhou Torch Spark Plug, Weichai Power Co. Ltd., MSD Performance, Ford Motor Company, and Valeo.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Access full summary report at:

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Spark Plug Market Application (Automobile, Marine, Industrial, and others {working equipment, brush cutters, scythes, mowers, and saws) With Key Players: NGK Spark Plug Co. Ltd, Federal-Mogul Corporation, Denso Corporation, Robert Bosch Gmbh and More here

News-ID: 1711118 • Views: 299

More Releases from Allied Market Research

Orthopedic Devices Market Global Growth, Current Scenario Technology Trends, Com …
Rise in geriatric population and increase in chronic diseases related to orthopedics such as osteoarthritis, traumatic fractures, osteopenia, and others are play a major role in the growth of the orthopedic device market. In addition, various growth opportunities such as surge in healthcare infrastructure, increase in affordability, and rise in awareness related to orthopedic conditions in emerging economies are expected to boost the market growth in the coming years. Download Free
Neurosurgery Devices Market: Global Trends, Segmentation and Opportunities Forec …
Neurosurgery devicesare devices that help in prevention, treatment, and diagnosis of conditions and disorders associated with nervous system mainly the brain, spinal cord, peripheral nerves, and extra-cranial cerebrovascular system. The neurological conditions include dementia, headache disorders, neuro-infections, and multiple sclerosis, traumatic brain injuries, pain associated with neurological disorders, neurological disorders associated with malnutrition, stroke, epilepsy and Parkinson’s disease.These disorders are fatal and cannot be cured by therapeutics. Some of the
COVID-19 Impact on Nerve Repair and Regeneration Market Global Industry Size, Sh …
Global Nerve Repair and Regeneration Market are expected to reach $13,938 million by 2023, growing at a CAGR of 13.0 % during the forecast period, 2019-2023. The factors propelling the nerve repair and regeneration market are rise in geriatric population, growing prevalence of neurological and epidemic disorders, and introduction of novel and innovative products for nerve repair and regeneration. However, stringent regulatory requirements for product approvals, lack of skilled professionals, and
Silver Nanoparticles Market Next Big Thing | Major Giants - Nano Products (ANP), …
Rise in demand for silver nanoparticles in the food & beverage, hospitality, electronics & IT, and textile sectors is expected to boost the growth of the global silver nanoparticles market. On the other hand, availability of substitutes impede the growth to some extent. However, increase in R&D activities for the use of the particles in more and more industry domains is expected to create lucrative opportunities for the key players

All 5 Releases


More Releases for Spark

Spark Plug Market to Eyewitness Massive Growth | Ngk Spark Plug Co, Denso Corp, …
The key players in the spark plug market are focused to expand their business operations in the emerging countries with new product launches as a preferred strategy. The major players profiled in this report include NGK Spark Plug Co. Ltd, Federal-Mogul Corporation, Denso Corporation, Robert Bosch Gmbh, FRAM Group IP LLC (Autolite), Enerpulse Technologie, Stitt Spark Plug, Acdelco Corporation, E3 Sparkplugs, Zhuzhou Torch Spark Plug, Weichai Power Co. Ltd., MSD
Global Two-Wheeler Spark Plugs Market 2018 - Bosch, Denso, Valeo, NGK Spark Plug …
Eminent Market, recently published a detailed market research study focused on the “Two-Wheeler Spark Plugs Market” across the global, regional and country level. The report provides 360° analysis of “Two-Wheeler Spark Plugs Market” from view of manufacturers, regions, product types and end industries. 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
Global Spark Plug Future Market 2018-2023 Denso, NGK Spark Plugs, Autolite, Bosc …
The research report “Spark Plug Market Report 2018-2023” offers comprehensive knowledge on the Spark Plug market. It analyses the important factors of the Spark Plug based on present industry situations, Spark Plug demands, business strategies utilized by Spark Plug players and the future prospects from various angles in detail. Industry analysis is a market assessment tool used by business and analysts to understand the complexity of an industry. Optical Pulse
Spark Plugs Market Size, Share, Tends Report
Spark Plugs Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2019 Market Research Report to It’s a Database. Download sample copy @ https://goo.gl/LWnE3r A gasoline engine cannot run until the air/fuel mixture is ignited. This essential process takes place when an electrical device known as the spark plug generates an electric spark which ignites the mixture. Similarly, in a
Global Compact Type Spark Plugs Market 2017 : Autolite, Denso Auto Parts, NGK Sp …
The Global Compact Type Spark Plugs Market Key Vendors are Autolite, Denso Auto Parts, NGK Spark Plugs, Robert Bosch. A market study based on the "Compact Type Spark Plugs Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Compact Type Spark Plugs Market 2017’. The research report analyses the historical as well as present performance of the worldwide Compact Type Spark Plugs industry, and
Global Spark Plugs and Glow Plugs Market 2017 : KLG Spark Plugs, Autolite, NGK S …
The Global Spark Plugs and Glow Plugs Market Key Vendors are KLG Spark Plugs, Autolite, NGK Spark Plugs, Robert Bosch, Wellman. A market study based on the "Spark Plugs and Glow Plugs Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Spark Plugs and Glow Plugs Market 2017’. The research report analyses the historical as well as present performance of the worldwide Spark Plugs