Press release
Automotive Ignition Coil Market Research Report 2023
Global Automotive Ignition Coil MarketIgnition coil is a device to convert the low battery voltage to the high voltage required to discharge electric sparks at ignition plug. Ignition coils represent the so-called "power plant" of the ignition process in the petrol engine.
The global Automotive Ignition Coil market was valued at US$ 2704.3 million in 2022 and is anticipated to reach US$ 3373.1 million by 2029, witnessing a CAGR of 3.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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The key global companies of Automotive Ignition Coil include Bosch, Denso, Delphi, Federal-Mogul, BorgWarner, AcDelco, Hitachi, NGK and Wings Auto, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
By Company
• Bosch
• Denso
• Delphi
• Federal-Mogul
• BorgWarner
• AcDelco
• Hitachi
• NGK
• Wings Auto
• Yura
• Mitsubishi
• SMP
• SparkTronic
• Marshall Electric
• SOGREAT
• Zunyi Changzheng
• Jiaercheng
• KING-AUTO
Segment by Type
• Single-spark
• Multi-spark
Segment by Application
• OEM
• Aftermarket
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-32E6918/global-automotive-ignition-coil
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