Press release
Global Automotive Ignition Coil Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028
The global automotive ignition coil market is anticipated to grow at a CAGR of 4.2% during the forecast period (2022-2028). An ignition coil is an induction coil in an automobile's ignition system that transforms the battery's voltage to the thousands of volts needed to create an electric spark in the spark plugs to ignite the fuel. The market growth is majorly attributable to the advantages offered by the automotive ignition coil such as the excellent performance and high power resulting in its increased demand across the globe. This has also resulted in an increase in the sales of luxury vehicles across the globe. The growth of the market is also attributed to the growing product launches by various players. For instance, in January 2021, DENSO introduced its newest ignition coils to the market. DENSO now offers four new coil-on-plug (COP) part numbers built with top-grade materials. The coils offer maximum available voltage under all operating conditions, ease of installation, and reliability that ensures high temperature suppresses noise and eliminates phantom misfires.Some key players operating in the market include Denso Corp., Hella GmbH & Co. KGaA, and Robert Bosch GmbH, among others. The market players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in March 2021, Diamond Electric Mfg. Co. Ltd announced that it would build a new plant in West Virginia, USA, to manufacture ignition coils for automobiles. The production capacity of ignition coils in the US will be increased by 20%. The new US plant has a building area of 12,263 square meters.
(Get 15% Discount on Buying this Report)
Get Sample Copy of Global Automotive Ignition Coil Market at:
https://orionmarketreports.com/request-sample/?id=102625&submit=Request+Sample%0D%0A
Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Operating Principle
o By Distribution Channel
o By Vehicle Type
• Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape: Denso Corp., Hella GmbH & Co. KGaA, and Robert Bosch GmbH, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
A full report of Global Automotive Ignition Coil Market is available at:
https://orionmarketreports.com/global-automotive-ignition-coil-market/102625/
Global Automotive Ignition Coil Market Report by Segment
By Type
• Block Ignition Coils
• Coil On Plug
• Ignition Coil Rail
By Operating Principle
• Single Spark Technology
• Dual Spark Technology
By Distribution Channel
• OEM
• Aftermarket
By Vehicle Type
• Passenger Cars
• Commercial Vehicles
Global Automotive Ignition Coil Market Report by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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 Global Automotive Ignition Coil Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028 here
News-ID: 2611786 • Views: …
More Releases from Orion Market Reports
Module Power Supply Market to see Huge Growth by 2031
The Module Power Supply Market is experiencing substantial growth, fueled by increasing demand for efficient, compact, and reliable power solutions across a wide range of industries. These power supplies, which convert electrical power to a suitable form for specific applications, are essential in sectors like telecommunications, automotive, medical devices, and consumer electronics. With technological advancements and rising energy efficiency needs, the market is expected to continue expanding, driven by innovations…
Plasma Spray Guns Market to see Rapid Growth by 2031
The Plasma Spray Guns Market is witnessing significant growth, driven by the rising demand for surface coating and thermal spray applications across industries such as aerospace, automotive, manufacturing, and electronics. Plasma spray guns are widely used for depositing coatings on substrates to enhance their properties, including wear resistance, corrosion resistance, and thermal protection. As industries continue to focus on improving product performance and durability, the plasma spray gun market is…
Plasma Surface Treatment Machine Market Will Generate Record Revenue by 2031
The Plasma Surface Treatment Machine Market is witnessing significant growth as industries increasingly adopt plasma surface treatment technology for enhancing the properties of materials. Plasma surface treatment machines are used to modify the surface characteristics of materials like metals, plastics, and ceramics, offering improvements in adhesion, corrosion resistance, and wear resistance. As the demand for advanced surface treatments rises across automotive, electronics, packaging, and manufacturing sectors, the market for plasma…
Plasma Torch Market Value Projected to Expand by 2031
The Plasma Torch Market is experiencing rapid growth, driven by the increasing demand for high-precision cutting and welding technologies in industries such as manufacturing, automotive, aerospace, and construction. Plasma torches are essential tools in thermal cutting applications, offering fast and accurate cuts on various materials, including metals, plastics, and composites. With advancements in plasma cutting technology and the growing need for energy-efficient solutions, the market for plasma torches continues to…
More Releases for Coil
How Does the Galvanized Coil "Transform" into a Color - PPGI Coil?
In numerous fields like construction and home appliances, PPGI Steel Coils are widely used due to their rich colors and excellent performance. But did you know that its "predecessor" is the Galvanized Steel Coil? The following will reveal the process of how the Galvanized Sheet Coil is produced into a PPGI Coil.
1. Understanding Galvanized Coils and PPGI Coils
Galvanized Coils Manufacturers coat the coils with a zinc layer on the surface,…
Booster Coil market: Key Pitfalls to Encounter in 2022 | Capital Coil & Air, Boo …
"The global Booster Coil Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Booster Coil Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global…
Booster Coil market: Technological Advancements in 2022 | Capital Coil & Air, Bo …
"The global Booster Coil Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Booster Coil Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global…
Electrical Coil Windings Market 2021 Precise Outlook- Quartzelec, Endicott Coil, …
Global Electrical Coil Windings Market Report 2020-2026 perceptive to the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market – driven results deriving feasibility studies for client needs. Marketinsightsreports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities…
Automotive Ignition Coil Market Report 2018: Segmentation by Product (Electronic …
Global Automotive Ignition Coil market research report provides company profile for Marshall Electric Corp, Delphi Automotive LLP, BorgWarner Inc., Continental AG, DENSO Corporation, Federal-Mogul Corporation, Hitachi Automotive Systems Americas, Inc., Standard Motor Products, Mitsubishi Electric Corporation, NGK Spark Plug Co., Ltd., Nissan Motor Co., Ltd and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast…
Global Heating Coil Market 2017 Watlow, HC Coils, Colmac Coil, Tutco, LLOYD Coil …
Heating Coil Market Research Report
A market study based on the " Heating Coil Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Heating Coil Market 2017’. The research report analyses the historical as well as present performance of the worldwide Heating Coil industry, and makes predictions on the future status of Heating Coil market on the basis of this analysis.
Ask For Sample…
