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Global Automotive Ignition Coil Market registering a CAGR of 4.5% during the period 2016-2026 : Industry Analysis and Opportunity Assessment

09-20-2017 01:47 PM CET | Logistics & Transport

Press release from: Global Automotive Ignition Coil Market

Global Automotive Ignition Coil Market registering a CAGR

ResearchMoz added Latest Research Report titled " Automotive Ignition Coil Market: Passenger Cars Vehicle Type Segment to Outpace LCV and HCV Segments in terms of Value and Volume During the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2026 " to it's Large Report database.

Future Market Insights forecasts that the global sales of automotive ignition coil is estimated to be nearly US$ 2,550 Mn in the year 2017 and is projected to be valued at close to US$ 3,820 Mn by the year 2026, registering a CAGR of 4.5% during the forecast period. The global automotive ignition coil market is projected to represent an incremental dollar opportunity of nearly US$ 1,400 Mn between 2016 and 2026.

Rising automotive production and vehicle parc aiding the growth of the global automotive ignition coil market

The rise in the sales of automobiles globally and an increase in vehicle parc positively affect the sales of automotive ignition coils. Even though the recent economic conditions the world over have remained unstable; on an average, the global automotive industry has witnessed satisfactory growth. This is especially true of the emerging economies, where the automotive production is expected to be significant as compared to developed economies. This is mainly because of rising urbanisation, per capita income growth and a rise in the living standards in these emerging economies. During the assessment period, fleet on road is also expected to rise at a modest rate, thus providing an impetus for the growth of the global automotive ignition coil market.

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Stringent fuel efficiency and emission norms play an important role in shaping the global automotive ignition coil market

Globally, there is an increased emphasis on sustainability and support for lower fuel consumption along with lower emissions, in order to protect the environment and curb air pollution. Hence, automotive market players are innovating and developing new ways to enhance the overall efficiency of the automobiles. Keeping these points in mind, and owing to the requirement for higher ignition voltage coupled with restricted space in the engine compartment, there are increasing novel demands for modern ignition coils. In addition, the mixture of air and fuel must be ignited at the right time with optimum ignition energy so that fuel present in the engine is combusted completely. For the same reason, there is an increased adoption of advanced ignition coils that meet these stringent criteria. This in turn is driving the demand in the overall market for advanced ignition coils and thereby creating a positive impact on the global automotive ignition coil market.

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Table Of Content

1. Executive Summary

2. Market Introduction
2.1.Market Definition
2.2.Market Taxonomy
2.3.Parent / Associated Market Overview

3. Global Automotive Ignition Coil Market Analysis Scenario
3.1.Market Volume Analysis
3.2.Pricing Analysis
3.2 .1.Pricing Assumptions
3.2 .2.Price Projections per Region
3.3.Market Size(US$ Mn) and Forecast
3.3 .1.Market Size and Y - o - Y Growth
3.3 .2.Absolute $ Opportunity
3.4.Market Overview
3.4 .1.Value Chain
3.4 .2.Profitability Margins
3.4 .3.List of Active Participants
3.4 .3 .1.Component Suppliers
3.4 .3 .2.Manufacturers
3.4 .3 .3.Distributors / Retailers

4. Market Dynamics
4.1.Macro - economic Factors
4.2.Drivers
4.3.Restraints
4.4.Opportunity
4.5.Regulations
4.6.Forecast Factors Relevance and Impact

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