What’s the Future of Automotive Spark Glow Plugs Market forecast to 2016-2022 Top Manufacturers: NGK Spark Plug,Federal-Mogul Corporation,Denso Corporation,Robert BoschGmbH,Borgwarner,Weichai Power,Valeo SA,Magneti Marelli Aftermarket N.A.

The automotive spark plug is a device designed to fit into each cylinder of a gasoline-powered internal combustion engine to produce an electric spark for ignition of the air-fuel mixture. The automotive glow plug is a device fitted into each cylinder of a diesel engine, with a heating element to heat incoming fuel and air to ensure efficient combustion when the engine is cold. Automotive spark & glow plugs are segmented on the basis of type into hot spark plugs, cold spark plugs, metal glow plugs and ceramic glow plugs. The global automotive spark and glow plugs market is expected to expand at a CAGR of 2.1% in terms of value over the forecast period (2016–2022), to reach a market value of US$ 6.6 Bn by 2022.

Automotive spark and glow plugs market growth is influenced by a number of factors such as increasing automotive production and vehicle parc, upcoming stringent emission norms and rising demand for high fuel efficiency. Long-term business contracts of spark & glow plug manufacturers with suppliers to reduce production costs and increase profit margin is another factor expected to fuel the growth of the market over the forecast period. Increasing replacement interval for spark plugs, engine downsizing and focus of prominent players on business expansion and collaboration with technology providers are some of the prominent trends observed in the market.

Request For Sample Report: https://www.persistencemarketresearch.com/samples/4072

Persistence Market Research, in its latest report titled ‘Automotive Spark and Glow Plugs Market: Global Industry Analysis and Forecast, 2016–2022’, has segmented the global automotive spark and glow plugs market into product type, vehicle type, sales channel and region. On the basis of product type, the market is segmented into hot spark plug, cold spark plug, metal glow plug and ceramic glow plug. On the basis of vehicle type, the market is segmented into passenger cars, LCV and HCV. On the basis of sales channel, the market is segmented into OEM and aftermarket. On the basis of geographic regions, the automotive spark and glow plugs market is segmented into Asia-Pacific, Europe, North America, Latin America and the Middle East & Africa.

Amongst the aforementioned regions, MEA Automotive Spark and Glow Plugs market is expected to expand at the highest CAGR of 4.0%, in terms of volume during the forecast period. Asia-Pacific is expected to account for dominant market volume share of 47.2% by 2022 end in the global automotive spark & glow plugs market. In terms of market volume, Europe market is expected to depict slow growth during the forecast period. It is slated to account for a value share of 22.0% by the end of 2016. Revenue contribution of Latin America to the global automotive spark and glow plugs market is expected to increase at a CAGR of 3.0% over the forecast period.

Buy Now: https://www.persistencemarketresearch.com/checkout/4072

Type of spark & glow plugs assessed in the report includes:

Hot Spark Plug
Cold Spark Plug
Metal Glow Plug
Ceramic Glow Plug
Vehicle types assessed in the report includes:

Passenger Cars
LCV
HCV
Sales channels assessed in the report includes:

OEM
Aftermarket
Regions assessed in the report include:

Asia Pacific
Europe
North America
Latin America
The Middle East & Africa

To calculate the market size, the report considers various aspects based on secondary research. Furthermore, data points such as regional split and market split, by product type, vehicle type and sales channel, and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses total revenue generated by the global automotive spark and glow plugs market.

When developing the market forecast, the report begins with sizing the current market, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, PMR triangulates the data via the different analysis based on the supply side, demand side and dynamics of the automotive spark & glow plugs market. However, quantifying the market across the abovementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

Request Report Methodology: https://www.persistencemarketresearch.com/methodology/4072

Table Of Content:

1. Global Automotive Spark & Glow Plugs Market - Executive Summary

2. Research Methodology

3. Assumptions and Acronyms Used

4. Global Automotive Spark & Glow Plugs Market Overview
4.1. Introduction
4.1.1. Global Automotive Spark & Glow Plugs Market Taxonomy
4.1.2. Global Automotive Spark & Glow Plugs Market Definition
4.2. Global Automotive Spark & Glow Plugs Macroeconomic Indicators: Vehicle Sales
4.3. Global Automotive Spark & Glow Plugs Macroeconomic Indicators: Vehicle Production Outlook
4.4. Global Automotive Spark & Glow Plugs Market Dynamics
4.4.1. Drivers
4.4.2. Restraints
4.4.3. Drivers & Restraints Impact Analysis
4.4.4. Trends
4.4.5. Value Chain
4.5. Global Automotive Spark & Glow Plugs Market: Price Analysis
4.6. Global Automotive Spark & Glow Plugs Market Size and Forecast, 2016–2022
4.6.1. Global Automotive Spark & Glow Plugs Market Volume and Y-o-Y Forecast
4.6.2. Global Automotive Spark & Glow Plugs Market Value Y-o-Y Forecast

5. Global Automotive Spark & Glow Plugs Market Analysis and Forecast, By Product Type
5.1. Introduction
5.1.1. Basis Point Share(BPS) Analysis, By Product Type
5.1.2. Y-o-Y growth comparison, By Product Type
5.2. Global Automotive Spark & Glow Plugs Market By Product Type
5.2.1. Hot Spark Plug
5.2.1.1. Market Value & Volume Forecast
5.2.1.2. Absolute $ Opportunity
5.2.2. Cold Spark Plug
5.2.2.1. Market Value & Volume Forecast
5.2.2.2. Absolute $ Opportunity
5.2.3. Metal Glow Plug
5.2.3.1. Market Value & Volume Forecast
5.2.3.2. Absolute $ Opportunity
5.2.4. Ceramic Glow Plug
5.2.4.1. Market Value & Volume Forecast
5.2.4.2. Absolute $ Opportunity
5.3. Market Attractiveness Analysis, By Product Type
5.4. Prominent Trends

6. Global Automotive Spark & Glow Plugs Market Analysis and Forecast By Sales Channel
6.1. Introduction
6.1.1. Basis Point Share(BPS) Analysis, By Sales Channel
6.1.2. Y-o-Y growth comparison, By Sales Channel
6.2. Global Automotive Spark & Glow Plugs Market By Sales Channel
6.2.1. OEMs
6.2.1.1. Market Value & Volume Forecast
6.2.1.2. Absolute $ Opportunity
6.2.1.3. Market Value and Volume Forecast, By Product Type
6.2.2. Aftermarket
6.2.2.1. Market Value & Volume Forecast
6.2.2.2. Absolute $ Opportunity
6.2.2.3. Market Value and Volume Forecast, By Product Type
6.3. Market Attractiveness Analysis, By Sales Channel
6.4. Prominent Trends

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

This release was published on openPR.