Press release
Automotive Ignition System Market Is Predicted To Reach USD 10.8 Billion By 2023
Market HighlightsThe global automotive ignition systems market has experienced a remarkable growth which has pushed the demand for ignition system in the global market. As the technological advancements is the major focus area, the ignition systems manufacturers have gained more attention towards low fuel emission control. Moreover, the increasing demand for passenger vehicles and commercial vehicles have also put pressure on manufacturers to increase the production to meet the demand. Additionally, the emerging economies of APAC and MEA have become the major driving factor which have propelled the demand for ignition system owing to increasing demand for vehicles. Seeing the growth and market demand, the global automotive ignition system market is expected to have a very broad market in future.
Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/4034
Market Research Analysis
As per MRFR analysis, the global automotive ignition system market is likely to grow at a CAGR of 8.5% during the forecast period, where the market value is expected to reach USD 10.8 billion by 2023. Over the years, it has been analyzed that the automotive industry has come up with numerous technological advancements with respect to low fuel emission and consumption per vehicle. Besides, the strict government regulation over fuel consumption and emission have enhanced the demand for ignition system across the globe. Moreover, the growing emphasis on R&D activities and attention on powertrain system have shaped an ample scope for ignition systems among the manufacturers. Likewise, the rising demand for petrol engine vehicles, increasing income level and developing automotive market have propelled the demand for ignition system in the global market. On the other hand, the growing demand for electric vehicle may obstruct the growth of ignition system market.
Scope of the Report
This study provides an overview of the global automotive ignition systems market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next 6 years for each region. The scope of the study segments the global automotive ignition systems market by its type, component, and regions.
By Type
• Conventional
• Electronic
• Distributor-less
By Components
• Ignition Coil
• Ignition Switch
• Condenser
• Spark Plug
• Ignition Resistor
• Others
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World
Access Report Details @ https://www.marketresearchfuture.com/reports/automotive-ignition-system-market-4034
Key Players
The prominent players in the automotive ignition systems market include Delphi Automotive, Robert Bosch, DENSO, Borgwarner, Federal-Mogul Corporation, Mitsubishi Electric Corporation, Continental AG, Hitachi Automotive Systems, Diamond Electric and among others.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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 System Market Is Predicted To Reach USD 10.8 Billion By 2023 here
News-ID: 665283 • Views: …
More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034).
The global small boat industry is witnessing significant growth, driven…

Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034).
The automotive industry is witnessing a significant transformation in vehicle…

Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035).
With the global automotive industry focused on precision,…

Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034).
Valet parking technology is emerging as a transformative…
More Releases for Ignition
Understanding the Automotive Ignition Systems Market
Introduction
The automotive ignition system plays a crucial role in the operation of a vehicle, ensuring that the fuel-air mixture in the engine's combustion chamber ignites at the right time. Over the years, ignition systems have evolved from simple mechanical devices to highly advanced electronic systems that significantly enhance engine performance, fuel efficiency, and emissions control.
As the automotive industry moves towards more efficient and eco-friendly vehicles, the ignition systems market has…
Automotive Ignition Systems Market
Introduction
The automotive ignition system is a vital component of any vehicle, responsible for igniting the air-fuel mixture in the engine's combustion chamber. It plays a pivotal role in ensuring smooth engine operation, optimal fuel efficiency, and reduced emissions. Over the years, advancements in technology have led to the evolution of various ignition systems, from traditional mechanical distributors to modern electronic ignition systems. As the automotive industry continues to innovate, the…
Manufacturer of Ignition Interlock Devices | ALCOFIND
ALCOFIND, a DA Tech brand, is a leading ignition interlock device manufacturer in Korea. Since 2002, they have been designing and producing ignition interlock devices (IID), and their products are used in over 50 countries worldwide.
ALCOFIND ignition interlock devices are well-known for their precision and dependability. They use the most accurate sort of sensor available: fuel cell sensors. ALCOFIND's IIDs also include advanced circumvention characteristics, such as the capacity to…
High-Quality Ignition Interlock Device | ALCOFIND
ALCOFIND, a brand of DA Tech, is an ignition interlock device manufacturer in Korea. They offer their customers high-quality alcohol breathalyzers that are accurate and dependable.
As a result of breathalyzer research and development, ALCOFIND has grown into a specialized breathalyzer firm recognized in the global market for its exceptional products and years of acquired technological competence.
ALCOFIND AF-i1 Ignition Interlock Device Product
The ALCOFIND AF-i1 is equipped with a premium fuel cell…
Leading Ignition Interlock Device Manufacturer | ALCOFIND
ALCOFIND, a brand of DA Tech, is a leading ignition interlock device manufacturer in Korea. They have been developing and manufacturing ignition interlock devices (IID) since 2002, and their products are used in over 50 countries around the world.
ALCOFIND's ignition interlock devices are known for their high accuracy and reliability. They use fuel cell sensors, which are the most accurate type of sensor available. ALCOFIND's IIDs also have a…
Aircraft Ignition System Market Forecast to 2028 - COVID-19 Impact and Global An …
According to the new research report published by The Insight Partners on ""Aircraft Ignition System Market Forecast to 2028 - COVID-19 Impact and Global Analysis,"" the market is expected to grow at a CAGR of 5.4% from 2022 to 2028 to reach US$ 596.28 million by 2028.
For sample pages and special offers
https://www.thinkingcapsrc.com/reports/2071/aircraft-ignition-system
One of the major factors driving the demand for aircraft ignition systems is the higher adoption of electric ignition…