Spark Plugs Market is Expected to Grow at a CAGR of 5.5% by 2022

Market Highlights:
Spark Plugs are the device to transfer the electric current from ignition system to combustion chamber of a vehicle. Stringent regulations & norms by government regarding emissions & fuel efficiency and growth of automotive industries are driving the market for spark plugs. Advanced spark plugs improves cold starting and generates efficient combustion which in turn increases the fuel efficiency and performance of the vehicles. Hot spark plugs by product type contributes the largest share of the global spark plugs market. Also, shift towards electric vehicles is restraining the growth of global market for spark plug. The global Spark Plugs market is expected to show a growth at CAGR of about 5.5% from 2016 to 2022.

Asia-Pacific is expected to dominate the spark plugs market in the forecast period. Asia-Pacific holds the largest market for the automotive industries. Asia-Pacific region is dominated by spark plugged petrol engine vehicles which in turn is expected to drive the market for spark plug.

Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/1931

Key Players of Spark Plugs Market:
• NGK Spark Plug Co. Ltd.
• Federal-Mogul Corporation
• Borgwarner Inc.
• Denso Corporation,
• Robert Bosch Gmbh
• General Motors (Acdelco Corporation)
• Delphi Automotive
• Valeo
• Weichai Power Co. Ltd.
• UCI-Fram Autobrands (Autolite)

Scope of the report:
This study provides an overview of the global spark plugs industry, tracking market segments across the categorized four geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and Rest of the world. The scope of the study segments the global spark plugs market based on product type, material type, market, and vehicle type.

Brief TOC for Spark Plugs:
1. Report Prologue
2. Introduction
2.1. Definition
2.2. Scope of the Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations
2.3. Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
4. Market Dynamics
4.1. Drivers & Opportunities
4.2. Challenges & Restraints
4.3. Value Chain Analysis
4.4. Porter’s Five Forces Analysis
5. Spark Plugs Market, By Product Type
5.1. Introduction
5.2. Hot Spark Plug
5.3. Cold Spark Plugs
Continue…

Target Audience:
• Manufacturers of Spark Plugs
• Raw material suppliers for Spark Plugs
• Automotive OEMs and Aftermarkets
• Government and research organization
• Investment bankers and M&A Consultants

Access Report Details @ https://www.marketresearchfuture.com/reports/spark-plugs-market-1931

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.

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.