Press release
Automotive Ignition System Market estimated to account for over 5.5% CAGR during the forecast period of 2017 – 2022 | Denso Corporation, Federal-Mogul, Robert Bosch
While stringent emission standards continue to be the stranglehold of the automotive ignition industry, a research by Fact.MR reveals that the automotive ignition system market is expected to evolve around consistent product innovations targeted at introducing the most environment-friendly technology.To get in-depth information view the report - https://www.factmr.com/report/37/automotive-ignition-market
The automotive ignition system sales have increased by almost 25% from 2012 to 2017 and expected to cross US$ 7 billion by 2022.
Recent EPA emission standards related to small spark-ignition engines and similar regulations across different nations continue to challenge the automotive ignition system market.
However, as manufacturers thrive to align innovations to the evolving emission standards, regulations are streamlining the global ignition system production.
With the ongoing electrification of the automotive industry, the number of electronic component in the automobiles has increased significantly.
To Know the COVID-19 Impact on Europe Region, Request for Sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=37
The electronic ignition system has significantly replaced mechanical ignition systems owing to efficiency and improved reliability.
Fact.MR research shows that electronic ignition systems are likely to dominate the ignition type segment in terms of value sales worth US$ 2.1 billion by 2022. Conventional ignition segment is expected to follow suit with the CAGR over 5%.
The study estimated that the passenger cars (PC) segment of the automotive ignition system market is at the helm with over two-fifth revenue share of the market and is poised to touch US$ 3 billion by 2022 end.
Asia Pacific Excluding Japan (APEJ) is leading the value sales with the record high sales of passenger cars in the region. The heavy commercial vehicles (HCV) segment is expected to grow at a steady CAGR through 2022.
Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=37
Countries including India, South Korea and China are expected to remain at the forefront of the most lucrative market of APEJ during the forecast period.
Proliferating automotive parts industry against the backdrop of low labor costs and accessibility of raw materials and incremental sales of vehicles in APEJ are prime factors responsible for the robust CAGR of over 6% during the forecast period.
Despite the challenges of fluctuating fuel prices and emergence of EVs, reliance on gasoline is here-to-stay during and beyond the forecast.
The research estimates the impressive dominance of gasoline ignition system with over 57% of the total market share. However, diesel ignition systems are expected to gain 41 BPS through 2022 with the proposed recovery in the diesel engine market.
Speak To Research Analyst For Detailed Insights- https://www.factmr.com/connectus/sample?flag=AE&rep_id=37
OEMs segment in the automotive ignition system market is expected to dominate with over 60% market share and surpass US$ 4.2 billion by 2022.
While OEM is expected to grow steadily during the forecast period, the aftermarket segment is expected to gain 71 BPS by 2022 as manufacturers capture opportunities arising from the evolving consumer preferences.
The comprehensive analysis of the automotive ignition system market has identified interesting market avenues that are expected to transform the global market landscape in the coming years.
Buy Now for Exclusive Analyst Support – https://www.factmr.com/checkout/37/S
Past incidences of recalls related to defective ignition systems have significantly influenced the market performance.
The recalls were mainly targeted at faulty ignition system that can stall the engine during driving and prevent inflation of airbags.
Recalls by leading automotive market players have generated urgent need in the industry to produce effective and reliable ignition systems.
The study has identified business strategies such as product innovation and expansion in the automotive ignition system market.
While majority manufacturers are inclined towards developing single spark ignition for the dominating gasoline engine segment, R&D efforts in the laser ignition systems and their efficacy hold potential to resolve unsettling issues of emission of conventional ignition systems.
Access Research Methodology Prepared By Experts- https://www.factmr.com/connectus/sample?flag=RM&rep_id=37
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website - https://www.factmr.com/
Content Source - https://www.factmr.com/media-release/601/global-automotive-ignition-market
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
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 Automotive Ignition System Market estimated to account for over 5.5% CAGR during the forecast period of 2017 – 2022 | Denso Corporation, Federal-Mogul, Robert Bosch here
News-ID: 2277604 • Views: …
More Releases from Fact.MR
Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CA …
The global Fine Blanking Tools Market is set for steady growth over the next decade, driven by rising demand for high-precision components, ongoing industrial automation, and surging requirements from automotive, electronics, and aerospace sectors. According to a recent forecast, the market is expected to grow from approximately USD 948.1 million in 2025 to USD 1,430.6 million by 2035, at a compound annual growth rate (CAGR) of about 4.2 % between…
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; …
The global benzodiazepine drugs market is projected to expand in the coming decade, driven by growing incidence of anxiety, insomnia, alcohol-withdrawal disorders, and advances in pharmaceutical formulations. According to a recent Fact.MR report, the market was valued at approximately USD 2.35 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 2.8% to reach USD 3.1 billion by 2032.
Market Drivers & Outlook
The demand for…
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Adva …
The global Ultrasound Systems Market is on a strong growth trajectory, projected to rise from USD 10.8 billion in 2025 to approximately USD 19.7 billion by 2035, expanding at a CAGR of 6.2% during the forecast period. This growth is fueled by the rising demand for non-invasive diagnostic imaging, the increasing prevalence of chronic diseases, expanding healthcare infrastructure, and continuous technological innovations such as AI integration and portable imaging systems.
Key…
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethico …
The global Surgical Staplers Market is forecast to show strong growth over the next decade, nearly doubling in value as demand surges for efficient, reliable wound closure in advanced surgical procedures. According to the latest Fact.MR Surgical Staplers Market Size & Share Forecast Outlook 2025-2035 report, the market is expected to grow from USD 6.0 billion in 2025 to USD 12.5 billion by 2035, at a compound annual growth rate…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
