Automotive Spark and Glow Plugs Market, By Product Type (Hot Spark Plug, Cold Spark Plug, Metal Glow Plug, Ceramic Glow Plug), By Vehicle Type (Passenger Cars, LCV, HCV), By Sales Channel (OEM, Aftermarket), By Regions (North America, Latin America, Weste

Automotive Spark and Glow Plugs Market, By Product Type (Hot Spark Plug, Cold Spark Plug, Metal Glow Plug, Ceramic Glow Plug), By Vehicle Type (Passenger Cars, LCV, HCV), By Sales Channel (OEM, Aftermarket), By Regions (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

A glow plug is a small heating device typically used to help in starting a diesel engine. In extremely cold temperatures, high-performance diesel engines are hard to start as the internal mass of the engine cylinder head absorbs most of the heat of compression, thereby rendering the ignition system non-functional. In such cases, pre-chambered diesel uses small glow plugs inside the prechamber. The plug is then removed and reheated before being reinserted into the engine cylinder. A spark plug is a small device for delivering electrical current to the combustion chamber of an internal combustion engine to start the fuel combustion process by a spark ignition process using compressed air or gas while containing minimal combustion heat in the engine itself. The internal combustion engine uses gas in its fuel combustion and also contains combustible gasses such as carbon monoxide and oxygen. A spark plug initiates this process using a thin-film diaphragm that expands upon being exposed to flame and creates a spark that ignites the oxygen in the gasses and causes the gasses to ignite.
Market Dynamics
Increasing production of passenger cars is expected to boost the global automotive spark and glow plugs market growth over the forecast period. As per the Organisation Internationale des Constructeurs d'Automobiles (OICA), total vehicle (commercial + passenger) sales reached 96 million units in 2017, increasing from 86 million units in 2013 globally. This, in turn, has increased the demand for spark and glow plugs worldwide.
Furthermore, increasing demand for performance cars and commercial vehicles in emerging economies is expected to accelerate growth of the global automotive spark and glow plugs market in the near future.
Key features of the study:
This report provides in-depth analysis of the automotive spark and glow plugs market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global automotive spark and glow plugs market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include NGK Spark Plug Co. Ltd, Magneti Marelli Aftermarket N.A., Federal-Mogul Corporation, ACDelco Corporation, Denso Corporation, Valeo SA, Robert Bosch GmbH, Weichai Power Co., Ltd., and Borgwarner Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global automotive spark and glow plugs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive spark and glow plugs market
Detailed Segmentation:
By Product Type
Hot Spark Plug
Cold Spark Plug
Metal Glow Plug
Ceramic Glow Plug
Vehicle Type
Passenger Cars
LCV
HCV
Sales Channel
OEM
Aftermarket
Company Profiles
ACDelco Corporation *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Borgwarner Inc.
Denso Corporation
Federal-Mogul Corporation
Magneti Marelli Aftermarket N.A.
NGK Spark Plug Co. Ltd
Robert Bosch GmbH
Valeo SA
Weichai Power Co., Ltd.
*Browse all the market data tables and figures on “Global Spark and Grow Plugs Market- Forecast to 2028”