Press release
Glow Plug Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Global Glow Plug MarketA glowplug (alternatively spelled as glow plug or glow-plug) is a heating device used to aid starting diesel engines. In cold weather, high speed diesel engines can be difficult to start because the mass of the cylinder block and cylinder head absorb the heat of compression, preventing ignition (which relies on that heat).
The global Glow Plug market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % 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 Glow Plug market growth is influenced by a number of factors, such as increasing automotive production, stringent emission norms, and rising demand for higher fuel efficiency. Manufacturers making long-term contracts with suppliers to reduce production costs is another factor, which will fuel the growth of the market. Engine downsizing, and increasing replacement interval for spark plugs are some of the notable trends observed in the market.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Glow Plug, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glow Plug.
The Glow Plug market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Glow Plug market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Glow Plug manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentations
By Company
• BorgWarner
• Bosch
• Denso
• NGK
• Hidria
• Delphi
• Hyundai Mobis
• Tenneco(Federal-Mogul)
• ACDelco
• Magneti Marelli
• Valeo
• Autolite
• Kyocera
• YURA TECH
• DieselRx
• Ningbo Tianyu
• Ningbo Glow Plug
• Ningbo Xingci
• Wenzhou Bolin
• Fuzhou Dreik
• Wenzhou Shuangsong
• Ningbo Haishu
• Chongqing Le-Mark
Segment by Type
• Metal
• Ceramic
Segment by Application
• OEM
• After Market
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