Press release
Automotive Ignition Coil Industry Revenue to Hit USD 5.11 Billion by 2033, with a CAGR of 4.5%
Automotive Ignition Coil Market
Recent advancements in ignition technology have led to the development of distributorless ignition systems (DIS). Luxury vehicles have seen substantial growth globally, and the popularity of coil-on-plug (COP) systems has risen. Mounting the coil directly on the ignition system improves combustion control and ignition timing precision, enhancing engine performance and reducing energy loss.
Innovations include integrating wireless technology into ignition coils for communicating diagnostic information to the vehicle's onboard computer. This allows for real-time remote diagnostics and monitoring. Electric and hybrid vehicles increasingly require advanced ignition coils to meet their specific demands.
Request a Sample of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-2055
Hybrid systems, which combine internal combustion engines with electric motors, still benefit from traditional ignition systems. Automotive component manufacturers are focused on developing and using lightweight materials to reduce overall vehicle weight. The market features various ignition systems, from basic breaker-point ignitions to electronic and distributorless ignitions.
Consumer demand has driven automotive manufacturers to incorporate improvements into new and upcoming models, particularly in developing nations where luxury comfort amenities are becoming more common. Advanced sensors and electronic controls are essential for increased precision and efficiency. Growing investments and research and development activities are expected to further boost demand for automotive ignition coils.
Key Takeaways
According to FMI, double spark coils are expected to hold 58.5% of market revenue by 2033.
According to the forecast, passenger cars are expected to account for a 76.8% market share.
The United Kingdom is expected to experience a CAGR of 3.4% until 2033.
In 2033, the demand for ignition coils in the United States is expected to increase by 3.3% CAGR.
By 2033, the automotive ignition coil market in India is predicted to expand at 5.4% CAGR until 2033.
"3D design automotive ignition coils and compact models will drive demand. Increasing safety regulations and demand for passenger vehicle sales will drive market growth in the near future.," - says FMI Analyst.
Competitive Landscape
Several companies operate in the automotive ignition coil market, which is moderately competitive. A niche market for a specific demographic is becoming increasingly common among players. A high focus on innovation and strong partnerships has benefited the market. Due to these developments, a number of automotive ignition coils have been introduced in recent years.
Key Companies Profiled
Denso Corporation
Federal-Mogul Corporation
NGK Spark Plug Co. Ltd.
BorgWarner Ludwigsburg GmbH
Valeo SA
Robert Bosch GmbH
Delphi Automotive PLC
Hitachi Automotive Systems Americas Inc.
Mitsubishi Electric Corporation
Standard Motor Products
Marshall Electric Corp
AcDelco
In-Depth Market Analysis: A Complete Report
https://www.futuremarketinsights.com/reports/automotive-ignition-coil-market
Market Developments Include
In April 2023, Robert Bosch, LLC introduced 52 new parts for its North American aftermarket, covering more than 22 million vehicles. As part of its new product line, Bosch supplies braking parts, ignition coils, water pumps, sensors, and fuel injectors for domestic, European, and Asian passenger and commercial vehicles.
In June 2023, Diamond & Zebra Electric Mfg. Co., Ltd., an Osaka-based group company, developed an ignition system that makes use of reciprocating engines in a carbon-neutral society with ammonia combustion technology. The ignition system plays a crucial role in fuel combustion.
Segmentation Analysis of the Automotive Ignition Coil Market
By Product Type:
Can-Type Ignition Coil
Electronic Distributor Coil
Double Spark Coil
Pencil Ignition Coil
Ignition Coil Rail
Others
By Vehicle Type:
Passenger Cars
LCV
HCV
By Sales Channel:
Original Equipment Manufacturers (OEM)
Aftermarket
By Region:
North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East and Africa
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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 Automotive Ignition Coil Industry Revenue to Hit USD 5.11 Billion by 2033, with a CAGR of 4.5% here
News-ID: 3786587 • Views: …
More Releases from Future Market Insights Inc.
Serine Amino Acid Market Size and Share Forecast Outlook 2025 to 2035: Performan …
The global serine amino acid market is poised for significant expansion, driven by a growing focus on cognitive health, advancements in personalized nutrition, and technological innovations in biotechnology. A new market analysis reveals the market is projected to more than double in value, from USD 161.1 million in 2025 to USD 323.1 million by 2035, reflecting a robust Compound Annual Growth Rate (CAGR) of 7.2%.
This growth trajectory is underpinned by…
Bay Leaf Market Size and Share Forecast Outlook 2025 to 2035: insights for growt …
A new market analysis reveals the global bay leaf market is set for significant expansion, with a projected valuation of $1,478.4 million by 2035. This growth represents a steady compound annual growth rate (CAGR) of 4.0% over the forecast period from 2025 to 2035, building upon a strong market size of USD 894.9 million in 2025. The report highlights a confluence of factors, including the surging popularity of diverse ethnic…
Commercial Seaweed Market Analysis and Forecast for 2025 to 2035: Growth Insight …
A new market analysis and forecast reveals a steady and robust growth trajectory for the global commercial seaweed market. Projected to grow from USD 12.03 billion in 2025 to USD 15.40 billion by 2035, the market is poised for a 2.5% Compound Annual Growth Rate (CAGR). This expansion is fueled by persistent demand across a diverse range of sectors, including food and beverages, personal care, and agriculture, as industries increasingly…
Herbal Supplement Market Size and Share Forecast Outlook 2025 to 2035: Developme …
The global herbal supplement market is on a robust growth trajectory, fueled by a rising consumer preference for natural, plant-based health solutions and a greater focus on preventive healthcare. According to a new market analysis, the industry is projected to grow from an estimated USD 101.0 billion in 2025 to a staggering USD 201.1 billion by 2035, exhibiting a significant Compound Annual Growth Rate (CAGR) of 7.6%.
This expansion is being…
More Releases for Coil
How Does the Galvanized Coil "Transform" into a Color - PPGI Coil?
In numerous fields like construction and home appliances, PPGI Steel Coils are widely used due to their rich colors and excellent performance. But did you know that its "predecessor" is the Galvanized Steel Coil? The following will reveal the process of how the Galvanized Sheet Coil is produced into a PPGI Coil.
1. Understanding Galvanized Coils and PPGI Coils
Galvanized Coils Manufacturers coat the coils with a zinc layer on the surface,…
Booster Coil market: Key Pitfalls to Encounter in 2022 | Capital Coil & Air, Boo …
"The global Booster Coil Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Booster Coil Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global…
Booster Coil market: Technological Advancements in 2022 | Capital Coil & Air, Bo …
"The global Booster Coil Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Booster Coil Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global…
Electrical Coil Windings Market 2021 Precise Outlook- Quartzelec, Endicott Coil, …
Global Electrical Coil Windings Market Report 2020-2026 perceptive to the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market – driven results deriving feasibility studies for client needs. Marketinsightsreports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities…
Automotive Ignition Coil Market Report 2018: Segmentation by Product (Electronic …
Global Automotive Ignition Coil market research report provides company profile for Marshall Electric Corp, Delphi Automotive LLP, BorgWarner Inc., Continental AG, DENSO Corporation, Federal-Mogul Corporation, Hitachi Automotive Systems Americas, Inc., Standard Motor Products, Mitsubishi Electric Corporation, NGK Spark Plug Co., Ltd., Nissan Motor Co., Ltd and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast…
Global Heating Coil Market 2017 Watlow, HC Coils, Colmac Coil, Tutco, LLOYD Coil …
Heating Coil Market Research Report
A market study based on the " Heating Coil Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Heating Coil Market 2017’. The research report analyses the historical as well as present performance of the worldwide Heating Coil industry, and makes predictions on the future status of Heating Coil market on the basis of this analysis.
Ask For Sample…
