Global Automotive Aftermarket for Spark Plugs Market 2024-2028

Global Automotive Aftermarket For Spark Plugs Market 2024-2028

The automotive aftermarket for spark plugs market is forecasted to grow by USD 136.57 mn during 2023-2028, accelerating at a CAGR of 1.85% during the forecast period. The report on the automotive aftermarket for spark plugs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in vehicle PARC globally, demand for direct-injection engines spurring early replacement of spark plugs, and declining sales of diesel cars leading to more market opportunity for gasoline cars.

Technavio's automotive aftermarket for spark plugs market is segmented as below:

By Application

• Passenger cars
• Commercial vehicles

By Type

• Hot spark plugs
• Cold spark plugs

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the growing preference for platinum and iridium spark plugs as one of the prime reasons driving the automotive aftermarket for spark plugs market growth during the next few years. Also, better-designed spark plugs for GDI engines and increasing demand for fuel-efficient cars will lead to sizable demand in the market.

The report on the automotive aftermarket for spark plugs market covers the following areas:

• Automotive aftermarket for spark plugs market sizing
• Automotive aftermarket for spark plugs market forecast
• Automotive aftermarket for spark plugs market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive aftermarket for spark plugs market vendors that include BorgWarner Inc., E3 Spark Plugs, First Brands Group, Ford Motor Co., General Motors Co., Marelli Holdings Co. Ltd., Niterra Co. Ltd., Robert Bosch GmbH, Stellantis NV, Suzuki Motor Corp., Tenneco Inc., Valeo SA, WeiChai Holding Group Co. Ltd., and DENSO Corp.. Also, the automotive aftermarket for spark plugs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth