Spark Plug and Glow Plug Market Size Worth US$ 5678.9 Million by 2025 | NGK Spark Plug Co. Ltd, Federal-Mogul Corporation, Delphi Automotive

United States/WA: The global Spark Plug and Glow Plug market is estimated to account for US$ 5678.9 Million by 2025

A spark plug is an electrically conductive device used in engines to send electrical current to a combustion chamber containing a fuel/oxygen mixture in order to spark the compressed air or gas mixture and produce enough combustion heat to ignite. Both the spark plug and the glow plug are vital in decreasing a vehicle's fuel emissions. Glow plugs and their associated components, in fact, are used to heat the air to ensure that the proper temperatures are attained, allowing all fuel to be burned and hazardous emissions to be reduced. The Government of India, for example, set Bharat Stage VI regulations in April 2020, which prohibited the emission of hazardous gases such as nitrous oxide and particulate matter. The market for spark plugs and glow plugs could develop as a result of such rigorous fuel pollution rules.

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The demand for vehicles, both commercial and passenger, has increased significantly over the years across the globe. This could be due to rapid urbanization, improving disposable income, and robust growth of the automobile industry. Subsequently, the demand for automobile parts is rapidly increasing with a spark plug, and a glow plug is no exception for that. Therefore, such factors can potentially augment growth of the spark plug and glow plug market in the near future. Recently, in February 2020, NGK Spark Plugs India Private Limited introduced a new range of BS-VI Ready and BS-VI compliant spark plugs and glow plugs for petrol and diesel vehicles.

Competitive Landscape:

Major players operating in the Spark Plug and Glow Plug market include

NGK Spark Plug Co. Ltd
Federal-Mogul Corporation
Borgwarner Inc.
Denso Corporation
Robert Bosch Gmbh
General Motors (Acdelco Corporation)
Delphi Automotive
Valeo
Weichai Power Co. Ltd.
and UCI Fram Autobrands (Autolite)

Global Spark Plug and Glow Plug Market Segmentation:

By Product Type: Hot Spark Plug, Cold Spark Plug, Metal Glow Plug, Ceramic Glow Plug

By Vehicle Type: Passenger Cars, LCV, HCV

By Sales Channel: OEM, Aftermarket

Highlights of the Spark Plug and Glow Plug Market:

The Spark Plug and Glow Plug Study investigates all supply and demand aspects that shape the market, as well as market conditions that will affect the market throughout the forecast period, such as restraints, drivers, prospects, and future developments. The Spark Plug and Glow Plug Report also contains a full SWOT analysis of the market's economic and technical variables in these areas for each of the five regions.

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By Geographies/Countries, this report covers:

North America: U.S. and Canada

Latin America: Brazil, Argentina, Mexico, and Rest of Latin America

Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe

Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific

Middle East: GCC Countries, Israel, and Rest of Middle East

Africa: South Africa, North Africa, and Central Africa

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