openPR Logo
Press release

Automotive Ignition System Market 2017: Industry Review, Research, Statistics, and Growth to 2023

01-10-2018 04:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Automotive Ignition System Market 2017: Industry Review,

Global Automotive Ignition System Market Information Report, By Type (Conventional, Electronic and Distributor-less), By Component (Ignition Coil, Ignition Switch, Condenser, Spark Plug, Ignition Resistor and Others) and By Region - Forecast To 2023

Market Scenario

Automotive ignition system plays a crucial role in generating sparks or heat in automotive vehicles except diesel engines. These systems are widely used in petrol engine vehicles such as passenger car, motorcycles, LCV, HCV and others. The main purpose of ignition system is to generate high voltage from car battery to flow through the spark plug's gap. In order to generate high power from fuel or air mixture, the spark must fire at the right moment during the compression stroke. Owing to these factors, the demand for ignition system is predominantly increasing in automotive applications. The global market for automotive ignition system has seen a potential growth over the last few years owing to the increasing demand for vehicles and it has been estimated that the global market will retain the same market during forecasted period.

As per MRFR analysis, the global automotive ignition system market is expected to grow at a CAGR of 8.5% during the forecast period, where the market value is projected to reach USD 10.8 billion by 2023. Over the years, it has been analyzed that the automotive industry has come up with several technological advancements with respect to low fuel emission and consumption per vehicle. Moreover, the strict government regulation over fuel consumption and emission have boosted the demand for ignition system across the globe. Additionally, the increasing focus on R&D activities and focus on powertrain system have created an ample scope for ignition systems among the manufacturers. Furthermore, the rising demand for petrol engine vehicles, increasing income level and emerging automotive market have pushed the demand for ignition system in the global market. On the other hand, the growing demand for electric vehicle may hinder the growth of ignition system market.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4034

For the purpose of these study, the global automotive ignition systems market has been segmented into types, components and regions. On the basis of type, the market is segmented into conventional, electronic and distributor-less, whereas, the components have been segmented into ignition coil, ignition switch, condenser, spark plug, ignition resistor and other.

Conventional and electronics are the most widely used ignition system across the globe followed by distributor less type.

Geographically, Asia-Pacific is one of the leading revenue generator of automotive ignition systems followed by North America and Europe. China, Japan and India re considered as the major market for investments owing to the rising demand for vehicles and growing economies.

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.

The report for Global Automotive Ignition System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Access Full Report @ https://www.marketresearchfuture.com/reports/automotive-ignition-system-market-4034

About Us:
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 , 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.

Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@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 2017: Industry Review, Research, Statistics, and Growth to 2023 here

News-ID: 892500 • Views:

More Releases from Market Research Future

Intelligent Process Automation Market to Reach USD 30 Billion by 2035, Growing at 11.58% CAGR
Intelligent Process Automation Market to Reach USD 30 Billion by 2035, Growing a …
The Intelligent Process Automation Market is poised for sustained expansion, with its value rising from USD 8.99 billion in 2024 to USD 30.0 billion by 2035. This growth reflects a strong compound annual growth rate (CAGR) of 11.58% between 2025 and 2035. Intelligent process automation combines robotic process automation, artificial intelligence, natural language processing, and machine learning to create adaptive, efficient, and resilient business processes. Its adoption is accelerating as
Chinese Language Education for K-12 Market to Grow at 12.8% CAGR, Hitting USD 16 …
The Chinese Language Education for K-12 Market is experiencing robust expansion as global interest in Chinese language proficiency continues to rise. According to Market Research Future, the market size was valued at USD 4,400.48 million in 2024 and is projected to grow from USD 4,941.74 million in 2025 to USD 16,612.10 million by 2035. This trajectory reflects a strong compound annual growth rate (CAGR) of 12.8% during the forecast period
Computer Aided Engineering Market to Reach USD 28.78 Billion by 2035, Growing at …
The Computer Aided Engineering Market is entering a decade of strong expansion, underpinned by the growing demand for simulation technologies, design optimization, and advanced product development across industries. According to Market Research Future, the Computer Aided Engineering Market was valued at USD 11.09 billion in 2024 and is projected to grow from USD 11.83 billion in 2025 to USD 28.78 billion by 2035, reflecting a robust compound annual growth rate
B2B Cybersecurity Market to Hit USD 29.52 Billion by 2034, Growing at 14.32% CAGR Forecast Period
B2B Cybersecurity Market to Hit USD 29.52 Billion by 2034, Growing at 14.32% CAG …
As per Market Research Future Analysis, the B2B Cybersecurity Market is set for remarkable expansion, projected to grow from USD 8,853.54 Million in 2025 to USD 29,527.37 Million by 2034, achieving a compound annual growth rate (CAGR) of 14.32% during the forecast period. The market was valued at USD 7,744.50 Million in 2024, demonstrating a strong base of demand driven by the rising frequency of cyberattacks, growing regulatory pressure, and

All 5 Releases


More Releases for Automotive

Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030. Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident. In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business. Get Sample Copy of this Report for more Information
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of