openPR Logo
Press release

Global Automotive Glow Plug Market Size To Grow At A CAGR Of 4.30% In The Forecast Period Of 2023-2028

09-12-2023 07:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Global Automotive Glow Plug Market Size To Grow At A CAGR Of 4.30%

The 'Global Automotive Glow Plug Market Share, Size, Price, Trends, Growth, Report and Forecast 2023-2028' by Expert Market Research gives an extensive outlook of the global automotive glow plug market, assessing the market on the basis of its segments like product types, vehicle types, sales channels, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter's Five Forces Models.

The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2022): Around USD 3.39 Billion
Forecast CAGR (2023-2028): 4.30%
Forecast Market Size (2028): Nearly USD 4.35 Billion

A major factor driving the global automotive glow plug market is the increasing production of commercial vehicles worldwide. Due to the growing population and rapid urbanisation, the demand for vehicles has increased, which is further prompting the utilisation of automotive glow plugs. Moreover, a rise in disposable income is also expected to boost the sales of vehicles, which further encourages the market growth. Growing environmental concerns also support the implementation of glow plugs in vehicles for better fuel combustion.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/automotive-glow-plug-market/requestsample

Furthermore, the growth of the e-commerce sector is another important factor that boosts the usage of commercial vehicles for the transportation of goods, bolstering the usage of glow plugs. Increased investments by governments into transportation services also provide growth opportunities to the market. Additionally, the increased demand for pickup trucks for multi-purpose utility also accelerates the market growth.

The surge in the popularity of ceramic glow plugs owing to their ability to heat up faster than conventional metals further favours the global automotive glow plug market. The heating element encased in a ceramic glow plug ensures safety and provides superior performance. Moreover, the growing demand for ceramic plugs by both OEM and aftermarket sales channels also positively influences the market.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/automotive-glow-plug-market

Automotive Glow Plug Industry Definition And Major Segments

A glow plug is a heating device typically made of ceramics or metals which is used in vehicles to start the engine. It is generally utilised when the temperature is too low for compression ignition by heating the air and fuel present in the engine and supporting the combustion of fuel in diesel engines.

On the basis of product type, the market is classified into:

Metal Glow Plug
Ceramic Glow Plug

Based on vehicle type, the market is categorised into:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

On the basis of sales channel, the UVA and UVB market is segmented into:

OEM
Aftermarket

Based on region, the market is divided into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Automotive Glow Plug Market Trends

A key trend propelling the growth of the global automotive glow plug market is the increasing demand for automotive glow plugs in aftermarkets. Growing cargo transportation is also expected to boost the implementation of glow plugs in the aftermarket.

Furthermore, technological advancements by market players to improve the heating capability of glow plugs also fuel the market growth. A rise in business contracts between the spark and glow plug manufacturer and the supplier to reduce the production cost is also expected to augment the market in the forecast period.

The Asia Pacific accounts for a sizeable share of the global automotive glow plug market due to the growing demand for automotive components and commercial vehicles in the region. Moreover, the increasing purchasing power of individuals, coupled with the rise in urbanisation, is also expected to favour the market. Additionally, a surge in the adoption of lightweight commercial vehicles fuels the implementation of automotive glow plugs.

Europe is also expected to provide lucrative growth opportunities to the overall market for automotive glow plug owing to the increased demand for commercial vehicles in the logistics sector. Furthermore, increasing efforts by market players to improve the efficiency of automotive glow plugs for superior heating is also a crucial trend in the region.

Key Market Players

The major players in the global automotive glow plug market report are DENSO Corporation, NGK Spark Plug Co., Ltd., Robert Bosch GmbH, Tenneco Inc., Magneti Marelli S.p.A., BorgWarner Inc., General Motors, HKT Corporation, First Brands Group LLC., and Zenith Industries, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Octopus Market: http://bitly.ws/SgCr

Iron and Steel Slag Market: http://bitly.ws/SgCx

South Korea Mobile Gaming Market: http://bitly.ws/SgCA

United Kingdom Visual Effects (VFX) Market: http://bitly.ws/SkJu

Garlic Market: http://bitly.ws/SkJW

Japan ISO Tank Container Market: http://bitly.ws/SkKe

India Soap Market: http://bitly.ws/SkKr

Colombia Palm Oil Market: https://bitly.ws/T8fY

Japan ISO Tank Container Market: https://bitly.ws/SkKe

Helicopter Blades Market: https://bitly.ws/T8gD

Media Contact:

Company Name: Claight Corporation
Contact Person: Anisha Luccas, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

About Us:

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

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 Glow Plug Market Size To Grow At A CAGR Of 4.30% In The Forecast Period Of 2023-2028 here

News-ID: 3205738 • Views:

More Releases from Expert Market Research

India Vaccine Market Forecast to Hit INR 300.32B by 2035
India Vaccine Market Forecast to Hit INR 300.32B by 2035
What is driving the growth of the India vaccine market, and what are the key trends shaping its future? The India vaccine market is experiencing significant growth due to the country's large population, high prevalence of infectious diseases, and increasing focus on local vaccine production and immunization programs. Valued at INR 129.21 Billion in 2025, the market is projected to grow at a CAGR of 8.80% during 2026-2035, reaching INR 300.32
Cell and Gene Therapy Market Projected to Grow to USD 172B by 2035
Cell and Gene Therapy Market Projected to Grow to USD 172B by 2035
What is driving the growth of the global cell and gene therapy market, and how is it expected to evolve by 2035? The global cell and gene therapy market is witnessing rapid expansion due to increasing clinical trials, robust regulatory support, and breakthroughs in biotechnology. Valued at USD 21.43 Billion in 2025, the market is expected to grow at a CAGR of 23.17% from 2026 to 2035, reaching USD 172.22 Billion
Global CDMO Market Forecast to Hit USD 588B by 2035
Global CDMO Market Forecast to Hit USD 588B by 2035
What is driving the growth of the global CDMO market, and how is it expected to evolve by 2035? The global contract development and manufacturing organization (CDMO) market is experiencing significant growth, driven by rising demand for novel drugs, biologics, and therapies to address chronic diseases worldwide. The market was valued at USD 246.11 Billion in 2025 and is projected to grow at a CAGR of 9.10% between 2026 and 2035,
Schizophrenia Market to Reach USD 14.46B by 2035 at 5.8% CAGR
Schizophrenia Market to Reach USD 14.46B by 2035 at 5.8% CAGR
What is driving the growth of the global schizophrenia market, and how is it expected to evolve by 2035? The global schizophrenia market is experiencing steady growth as awareness, diagnosis, and treatment of schizophrenia increase worldwide. In 2025, the market attained a value of USD 8.23 Billion, and it is projected to grow at a CAGR of 5.80% between 2026 and 2035, reaching USD 14.46 Billion by 2035. Schizophrenia, a chronic and

All 5 Releases


More Releases for Market:

Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview: The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned? In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects. The International Technology Roadmap for Semiconductors (ITRS) has emphasized
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by