Press release
Vehicle Ignition Coil Market Emerging Analysis, Future Growth and Business Opportunities 2030
The global vehicle ignition coil market was valued at $5.59 billion in 2018, and is projected to reach $7.55 billion by 2026, registering a CAGR of 3.9% from 2019 to 2026. By type, the coil-on-plugs segment was the highest revenue contributor in 2018, accounting for $2.35 billion, and is estimated to reach $3.32 billion by 2026, registering a CAGR of 4.5% during the forecast period. In 2018, Asia-Pacific was anticipated to account for major market share.Download Report (210 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/5620
Key Market Players
BORGWARNER INC
DIAMOND ELECTRIC MFG. CORP
DENSO CORPORATION
FEDERAL-MOGUL
HELLA KGAA HUECK & CO.
HITACHI, LTD. (HITACHI AUTOMOTIVE SYSTEMS, LTD.)
MITSUBISHI ELECTRIC CORPORATION
NGK SPARK PLUGS
ROBERT BOSCH GmbH
VALEO
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Key Market Segments
By Type
COIL-ON PLUGS
DISTRIBUTOR-BASED IGNITION COILS
DISTRIBUTOR-LESS
OTHERS
By Vehicle Type
PASSENGER CAR
LIGHT COMMERCIAL VEHICLE (LCV)
HEAVY COMMERCIAL VEHICLE (HCV)
By Distribution Channel
OEM
AFTERMARKET
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Original equipment manufacturers in the developing regions such as China, India, and Japan, are adapting to the changing regional and segment patterns of supply and demand with respect to their production & supply base footprints, supply chains, and product portfolio. In addition, rise in urbanization along with increase in population boost the demand for vehicles among consumers. For instance, North America is the home for largest vehicle producers in the world, including General Motors and Ford, which account for 25% of the global vehicle production. Moreover, emergence of global potential automobile manufacturers including General Motors and Volkswagen AG concentrating their plants in China through joint ventures with local manufacturers is expected to enhance the ignition coil demand and drive the growth of the vehicle ignition coil market globally.
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Key Benefits for Stakeholders:
This study presents analytical depiction of the vehicle ignition coil market analysis along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
The current vehicle ignition coil market size is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the vehicle ignition coil industry.
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About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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.
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