Global Automotive Glow Plug Market Growth 2023-2029

Global Automotive Glow Plug Market Growth 2023-2029

Automotive glow plug is a part that assists during cold start. It creates ideal ignition conditions for the injected fuel to burn through electrically generated thermal energy that is brought into the combustion chamber. Glow plugs are used in diesel engines to help start the engine with low temperature, especially in the winter. Glow plugs can be divided into metal type and ceramic type based on the material. Now, some glow plugs can heat up to more than 1000℃ in seconds.

LPI (LP Information)' newest research report, the “Automotive Glow Plug Industry Forecast” looks at past sales and reviews total world Automotive Glow Plug sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Glow Plug sales for 2023 through 2029. With Automotive Glow Plug sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Glow Plug industry.

This Insight Report provides a comprehensive analysis of the global Automotive Glow Plug landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Glow Plug portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Glow Plug market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Glow Plug and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Glow Plug.

The global Automotive Glow Plug market size is projected to grow from US$ 725.9 million in 2022 to US$ 689.8 million in 2029; it is expected to grow at a CAGR of 689.8 from 2023 to 2029.

Global Automotive Glow Plug key players include Bosch, Borgwarner, NGK, Denso, Federal-Mogul, etc.

Europe is the largest market, with a share over 65%, followed by China, which have a share about 15%.

In terms of product, Metal Glow Plug is the largest segment, with a share over 85%. And in terms of application, the largest application is Aftermarket, followed by OEM, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Glow Plug market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Metal Glow Plug

Ceramic Glow Plug

Segmentation by application

OEM

Aftermarket

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Bosch

Borgwarner

NGK

Denso

Tenneco(Federal-Mogul)

Hyundai Mobis

Delphi

Magneti Marelli

Valeo

FRAM Group

Kyocera

Hidria

YURA TECH

Acdelco

Ningbo Tianyu

Ningbo Glow Plug

Ningbo Xingci

Fuzhou Dreik

Wenzhou Bolin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Glow Plug market?

What factors are driving Automotive Glow Plug market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Glow Plug market opportunities vary by end market size?

How does Automotive Glow Plug break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.