Press release
Automotive Ignition System Market Trends, Opportunities and Competitive Analysis
The term "automotive ignition system" describes the ignition circuit used in cars to produce sparks or heat. Compression ignition, simultaneous ignition, and coil-on-plug (COP) ignition are the three common ignition processes used in these systems. They are made up of a spark plug, distributor, high tension cable, ignition switch, and ignition coil. The spark plugs in the engine cylinders get high voltage current from these components, which causes electric sparks to fly in the spaces between the spark plugs.The compressed air-fuel mixture in the combustion chamber is further ignited by the heat produced by these sparks, which then powers the vehicle. Automotive ignition systems are therefore widely used in vehicles with petrol engines, including cars, motorcycles, and light and heavy commercial vehicles (L/HCVs).
The market for automotive ignition systems is expanding along with the increase in vehicle sales brought on by the growing purchasing power of consumers in developing economies. To ignite the fuel-air mixture in the engine's combustion chambers, the ignition system generates a very high voltage from the vehicle's 12-volt battery to each sparkplug. In contrast, a spark plug is not required in a diesel engine with compression ignition since the air-fuel mixture is ignited by the heat of compression. In the end, a vehicle's ignition system is crucial for starting. The market for automotive ignition systems is widely used in gasoline-powered vehicles. Additionally, the ignition system in automobiles allows for precise spark timing control.
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One of the main factors fueling the market expansion is the expanding automotive industry on a global scale. There is an increasing need for ignition systems that offer improved operational efficiency and fuel economy due to rising environmental consciousness among the general public. This is helping the market expand, along with the widespread use of laser ignition systems.
Other growth-promoting technology developments include the quick electrification of the automotive sector and the development of electronic ignition systems that incorporate sensors, switches, and transistors. These contemporary variants provide increased horsepower levels as well as a more precise and reliable flow of current when compared to the mechanical systems that have traditionally been used. Other elements, such as the adoption of supportive government regulations to control carbon levels.
Global Automotive Ignition System Market: Segmentations
Global Automotive Ignition System Market: By Key Players
Bosch
Denso
Delphi
BorgWarner
Tenneco(Federal-Mogul)
Hitachi
NGK
Yura
Mitsubishi
SparkTronic
SOGREAT
Zunyi Changzheng
Jiaercheng
Anhui KING-AUTO
Global Automotive Ignition System Market: By Types
Spark Plug
Ignition Coil
Global Automotive Ignition System Market: By Applications
OEM Market
Aftermarket
Global Automotive Ignition System Market: Regional Analysis
The countries covered in the regional analysis of the Global Automotive Ignition System market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Automotive Ignition System Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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