Press release
Rising Vehicle Production Catalyst For The Expansion Of The Automobile Glow Plug Market Driver: A Major Catalyst in the Evolution of the Automotive Glow Plug Market in 2025
Automotive Glow Plug Market
The anticipated escalation in vehicle production is believed to stimulate the expansion of the automobile glow plug market in the future. The term "production of vehicles" describes the method of creating mass-marketed, standardized automobile models, which are legally permissible to be drive on public roads and are available for public purchase. Glow plugs serve as heating apparatuses in diesel engines to facilitate the starting of the engine during cold temperatures. Their function involves heating the fuel and air flowing into the engine to facilitate effective combustion of the fuel. As an example, as per the data from the Board of Governors of the Federal Reserve System, a US government agency, in June 2023, there was a surge in automotive production in the US with it rising to 11.87 million units from the previous 10.91 million units. As such, the escalating production of vehicles is anticipated to stimulate the expansion of the automobile glow plug market. The increasing need for fuel efficiency is presumed to stimulate the expansion of the automobile glow plug market in the future. Fuel efficiency is a parameter which determines how effectively a vehicle uses fuel to travel a specific distance. It signifies to what extent energy output is maximized while fuel consumption is minimized in the vehicle. The function of an automobile glow plug is to enhance fuel efficiency by providing the initial heating needed for effective combustion, thereby reducing the time spent in the fuel rich mixture phase which is less fuel-efficient. As per LendingTree data- a US-based online finance marketplace- in August 2023, the average fuel efficiency for all motor vehicles elevated to 26.4 mpg in 2022. Moreover, the fuel economy for cars improved to 33.3 mpg in 2022. Consequently, the increasing demand for fuel efficiency stimulates the automobile glow plug market.
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How will the growth rate of the automotive glow plug market shape industry trends by 2034?
The market size for automotive glow plugs has significantly expanded in the past few years. There is an anticipated growth from $3.98 billion in 2024 to $4.18 billion in 2025, propelling at a compound annual growth rate (CAGR) of 5.1%. The historical growth has been largely due to increased vehicle sales, strict emission regulations, the prevalence of diesel engines, colder climate areas, and aftermarket sales.
The market size of automotive glow plugs is anticipated to experience consistent growth in the upcoming years, reaching a value of $4.87 billion by 2029, expanding at a compound annual growth rate (CAGR) of 3.9%. The projected growth during the forecast period is due to factors such as ongoing emission regulations, the swelling popularity of electric cars, worldwide economic trends, urbanization, and the increasing use of commercial fleets, coupled with an emphasis on fuel efficiency. Key trends during this period will encompass a focus on lightweight materials to optimize fuel efficiency, the rising prominence of cold-start systems in electric vehicles, the growth of aftermarket sales channels, focus on greener and sustainable automotive parts, and partnerships in glow plug technology research and development.
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How are the latest trends influencing the growth of the automotive glow plug market?
Key players in the automobile glow plug market, such as Nova Engines, are stepping up their innovation game with products like Nova Glow Plug Turbo Offroad N.5 and Nova Glow Plug Turbo Offroad N.6. These enhanced glow plugs boost performance, longevity and equip engines with reliability and durability. Each package contains two plugs, made for the purpose of consistent performance. July 2022 saw the Italy-based producer and workers' cooperative for competition mini engines, Nova Engines, introduce their optimized glow plugs - Nova Glow Plug Turbo Offroad N.5 and Nova Glow Plug Turbo Offroad N.6. The former, built for off-road usage, features a controlled expansion material composition and a pressure-resistant filament. The latter, similarly built for off-road use, employs top-notch materials to upkeep a steady performance. Both glow plug models guarantee an airtight seal that promotes efficient fuel combustion in the engine. Improved engine performance, especially during colder climates, can be observed with the use of these glow plugs.
Which primary segments of the automotive glow plug market are driving growth and industry transformations?
The automotive glow plug market covered in this report is segmented -
1) By Type: Metal Glow Plug, Ceramic Glow Plug
2) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
3) By Sales Channel: Original Equipment Manufacturer (OEM), After market
Subsegments:
1) By Metal Glow Plug: Standard Metal Glow Plug, Dual-Coil Metal Glow Plug
2) By Ceramic Glow Plug: High-Temperature Ceramic Glow Plug, Quick-Start Ceramic Glow Plug
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Which geographical regions are pioneering growth in the automotive glow plug market?
Asia-Pacific was the largest region in the automotive glow plug market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive glow plug market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the automotive glow plug market landscape?
Major companies operating in the automotive glow plug market report are Ford Motor Company, General Motors Company, Robert Bosch GmbH, Hitachi Automotive Systems Ltd., Hyundai Mobis Co. Ltd., DENSO Automotive Systems Australia Pty Ltd., Mitsubishi Electric Corporation, Valeo SA, Tenneco Inc., Kyocera Corporation, BorgWarner Inc., Marelli Holdings Co. Ltd., Federal-Mogul Corporation, Hella KGaA Hueck & Co., Niterra Co. Ltd., Ningbo Tianyu Auto Parts Co. Ltd., Yura Tech Co. Ltd., Hidria doo., Prenco Progress & Engineering Corporation, Ningbo Xingci Thermal Electric Appliances Co. Ltd., ACDelco, Cummins Inc., Autolite, Yanmar Co. Ltd., Dreik Auto-Parts Co. Ltd, Wenzhou Bolin Automobile Parts Co. Ltd., E3 Spark Plugs, Zenith Industries, Chongqing Le-Mark Technology Co. Ltd., China Ningbo Fushi Glowplug Co.Ltd.
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What Is Covered In The Automotive Glow Plug Global Market Report?
• Market Size Forecast: Examine the automotive glow plug market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automotive glow plug market for a structured understanding.
• Key Players Overview: Analyze major players in the automotive glow plug market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive glow plug market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automotive glow plug market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive glow plug market.
• Industry Challenges: Identify potential risks and obstacles affecting the automotive glow plug market.
• Competitive Landscape: Review strategic developments in the automotive glow plug market, including expansions, agreements, and new product launches.
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