Spark Plug Market Projected to Grow Steadily During 2017 - 2027
Global Spark Plug Market: Drivers & Restraints
Spark plugs are an integral part of combustion engines, which is why their demand will continue to surge in parallel with the number of automobiles being manufactured globally. The global demand for spark plugs is also driven by increasing production of high-performance automotive components in the world. Worn out spark plugs need to be replaced over time, which further adds to their global sales. Also, manufacturers of automobile components are extending their product portfolio by offering spark plugs engineered with advanced technologies, which incidentally favours the growth of global spark plug market. Such enhanced spark plugs are gaining popularity for their improved functioning in flexible temperature/heat range.
Request For Report Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-2803
A key challenge for the growth of global spark plug market is volatile prices of core materials. Undulating prices of copper, iridium, platinum and other noble metals across several regions in the world is inhibiting an overall expansion of global spark plugs market. Additionally, the presence of spark plugs as key automotive components is at risk on the account of growing use of alternatives such as laser igniters and plasma-based ignition plugs.
Key Segmentation of Global Spark Plug Market
The global market for spark plugs is segmented on the basis of product types, materials, distribution channels and applications.
Product-wise, the global spark plug market can be bifurcated into:
Hot spark plug
Cold spark plug
Global spark plug market is also segmented on the basis of materials such as,
Others (e.g. nickel-iron, chromium and other noble metals)
Based on the distribution channels, the global spark plug market is segmented into:
Original Equipment Manufacturers (OEMs)
Based on the application, the global spark plug market is segmented into:
Global Spark Plug Market: Regional Overlook
Geographically, growth of the global market for spark plug can be segmented into five key regions, viz., North America, Latin America, Europe Asia-Pacific (APAC), and the Middle East & Africa (MEA).
North America (U.S., Canada)
Latin America (Brazil and Mexico)
Europe (U.K., France, Germany, and rest of Europe)
Asia-Pacific (China, South Korea, Japan, Taiwan, and rest of APAC)
Middle East and Africa (GCC members, Levant countries, and rest of MEA)
Request For Report Table of Content (TOC):https://www.futuremarketinsights.com/toc/rep-gb-2803
Prominent Manufacturers of Spark Plugs
NGK Spark Plugs Co. Ltd. is one of the leading manufacturer of spark plugs in the world. Other key players in the global spark plug market include, ACDelco (owned by General Motors), Auto-Lite (FRAM Group, LLC), BERU Group, BorgWarner Inc., Robert Bosch GmbH, Denso Corporation, and Federal-Mogul Corporation.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Spark Plug Market Projected to Grow Steadily During 2017 - 2027 here
News-ID: 802785 • Views: 73
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
More Releases for Spark
Spark Plug Market Key Player Analysis By Ngk Spark Plug Co., Ltd., Federal-Mogul …
Global spark plug market is expected to reach $2,904 million by 2022, growing at a CAGR of 4.2% during the forecast period 2014 - 2022. Spark plug is an electrical device threaded into the cylinder of spark ignition engine, which produces spark at the required time to ignite the combustible air-fuel mixture in the cylinder bore. The device comprises shell, resistance, electrodes, and insulator. During the engine operation, when high
Global Two-Wheeler Spark Plugs Market 2018 - Bosch, Denso, Valeo, NGK Spark Plug …
Eminent Market, recently published a detailed market research study focused on the “Two-Wheeler Spark Plugs Market” across the global, regional and country level. The report provides 360° analysis of “Two-Wheeler Spark Plugs Market” from view of manufacturers, regions, product types and end industries. A spark plug is a device used to transfer electric current to the combustion chamber to ignite the air-fuel mixture with an electric spark. The increase in
Global Spark Plug Future Market 2018-2023 Denso, NGK Spark Plugs, Autolite, Bosc …
The research report “Spark Plug Market Report 2018-2023” offers comprehensive knowledge on the Spark Plug market. It analyses the important factors of the Spark Plug based on present industry situations, Spark Plug demands, business strategies utilized by Spark Plug players and the future prospects from various angles in detail. Industry analysis is a market assessment tool used by business and analysts to understand the complexity of an industry. Optical Pulse
Spark Plugs Market Size, Share, Tends Report
Spark Plugs Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2019 Market Research Report to It’s a Database. Download sample copy @ https://goo.gl/LWnE3r A gasoline engine cannot run until the air/fuel mixture is ignited. This essential process takes place when an electrical device known as the spark plug generates an electric spark which ignites the mixture. Similarly, in a
Global Compact Type Spark Plugs Market 2017 : Autolite, Denso Auto Parts, NGK Sp …
The Global Compact Type Spark Plugs Market Key Vendors are Autolite, Denso Auto Parts, NGK Spark Plugs, Robert Bosch. A market study based on the "Compact Type Spark Plugs Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Compact Type Spark Plugs Market 2017’. The research report analyses the historical as well as present performance of the worldwide Compact Type Spark Plugs industry, and
Global Spark Plugs and Glow Plugs Market 2017 : KLG Spark Plugs, Autolite, NGK S …
The Global Spark Plugs and Glow Plugs Market Key Vendors are KLG Spark Plugs, Autolite, NGK Spark Plugs, Robert Bosch, Wellman. A market study based on the "Spark Plugs and Glow Plugs Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Spark Plugs and Glow Plugs Market 2017’. The research report analyses the historical as well as present performance of the worldwide Spark Plugs