Press release
Automobile Ignition System Market Rapidly gaining importance in the global industry 2017 - 2025
Automobile Ignition System Market
Rising automobile demand across the world is anticipated to boost the demand for ignition system. The number of people purchasing automobile per 1,000 population is very low in emerging and developing economies. Rising automobile penetration is anticipated to increase demand for ignition system. Rising average life of vehicles means increased vehicle maintenance cost and subsequently increase in demand for ignition system. Rising population of middle income group in emerging and developed economies is anticipated to increase automobile demand and subsequently increase in demand of ignition system. Low fuel prices are anticipated to increase demand for automobiles and subsequently demand for ignition system will rise. Rising attention by emerging countries in automobile manufacturing is anticipated to increase demand for automobiles and subsequently demand for ignition system will rise. A major restraint faced by automobile ignition system market is stringent emission norms by governments around the world. A major opportunity in automobile ignition system market is increasing acceptance of electric vehicles (EV) and hybrid vehicles (HV) across the world. Major automotive manufacturers such as Volvo and BMW plans to launch 1 million electric vehicles by 2025 and 2017 respectively.
Browse Full Report With ToC @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=23360
By ignition type the market is segmented into contact ignition, transistor ignition and electronic ignition. By engine type the market has been categorized into petro, diesel and others. By vehicle type the market is segmented into light commercial vehicles, heavy commercial vehicles, passenger vehicles and off-road vehicles. The contact ignition system is the most common ignition system. In this system the current flowing in the ignition coil is cut off in the distributor to generate high voltage and ignition spark. In transistor ignition type the current is cut by transistor and it provides more stable current than contact ignition so better generation of spark plug. Electronic ignition is the latest ignition system where a microcontroller controls the total system.
By geography the market is segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA) and Latin America. The U.S. is a prominent market in North America. Rising automobile production in Mexico is anticipated to increase demand for automobiles and subsequently demand for automobile ignition system will rise. Europe is a significant automobile ignition systems market. Rising demand for automobiles in Germany and the U.K among others is expected to increase demand for automobile ignition system. Automobile sales are expected to slow in Portugal, Italy, Spain, Greece and France and is expected to lower the demand for automobile ignition systems market. Asia Pacific is the dominant automobile ignition system market. China had a significant vehicle sales growth y-o-y in 2016. India and Japan are major automobile ignition systems market in Asia Pacific. India followed China in vehicle sales growth y-o-y in 2016. India is the fifth largest automobile market in the world and is expected to be the third largest market by 2020 and automobile ignition system market is expected to grow. In Japan there was a decrease in vehicle sales growth y-o-y in 2016 and this is anticipated to contract the automobile ignition system market. In Brazil the decreasing vehicle sales is expected to lower the demand for automobile ignition system in the Latin American region. Automobile sales growth in Nigeria, South Africa, Egypt and Iran is anticipated to increase demand for automobile ignition system in the MEA region.
Fill the form for an exclusive sample of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=23360
About Us:-
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact Us:-
Transparency Market Research
90 State Street, Suite 700, Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.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 Automobile Ignition System Market Rapidly gaining importance in the global industry 2017 - 2025 here
News-ID: 777892 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Rising
Robo Advisory Market is Rising
According to the latest research report published by Market Data Forecast, the global robo advisory market is expected to grow at a CAGR of 54.2% from 2024 to 2029, and the global market size is anticipated to be worth USD 154.6 billion by 2029 from USD 17.73 billion in 2024.
The robo advising market is expanding rapidly, fueled by technical developments and rising demand for automated financial solutions. These platforms use…
Internet of Vehicles Market is being pushed by rising car connectivity, rising e …
The Internet of Vehicles (IoV) is a term used to describe the interconnectedness of vehicles and the internet. It is also sometimes referred to as the Internet of Things for vehicles (IoV). The IoV is made up of a variety of interconnected technologies, including sensors, GPS systems, and wireless networks. These technologies allow vehicles to communicate with each other and with other devices, such as traffic lights and weather stations.…
Crypto High and Rising
Key Metrics Show Institutional Interest in Crypto and Ripple Is High and Rising
As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest.
The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance and Houbi. And …
Rising Economic Growth and Rising jack-up rig market Analysis & Outlook (2017-20 …
“The Report Global Jack-Up Rig Market: Industry Analysis & Outlook (2017-2021) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
Rigs are giant structures or machines consisting of mud tanks, mud pumps, derrick or mast, draw works, rotary table, drill string, power generation equipments and auxiliary equipments. Rigs are used in drilling a wellbore. Some rigs are used on water and…
Global Advanced Wound Care Management Market: Rising Prevalence of Chronic Wound …
The global market for advanced wound care management is likely to witness a progressive growth throughout the forecast period. The rising focus of prominent players on research and development activities and innovations is estimated to encourage the growth of the overall market in the coming few years. Nevertheless, the high cost of products in comparison with the traditional methods is anticipated to restrict the growth of the global market in…
Advanced Wound Care Management Market: Rising Prevalence Of Chronic Wounds Key T …
The global market for advanced wound care management, being a highly technology- and research- oriented specialty sector of the overall wound care market, features few companies and a highly consolidated competitive landscape, observes a recent report by Transparency Market Research. The top four vendors in the market, namely Molnlycke Health Care, Smith and Nephew plc, Convatec, and Acelity L.P. Inc., accounted for a share of nearly 65% of the global…
