Global Ignition Coil Market Growth 2023-2029

Global Ignition Coil Market Growth 2023-2029

Ignition coil is a device to convert the low battery voltage to the high voltage required to discharge electric sparks at ignition plug. Ignition coils represent the so-called "power plant" of the ignition process in the petrol engine. As part of the ignition system, they are charged with the task of providing the spark plug with the high voltage required to generate an ignition spark between the center and earth electrode of the spark plug and ignite the air-fuel mixture.
LPI (LP Information)' newest research report, the “Ignition Coil Industry Forecast” looks at past sales and reviews total world Ignition Coil sales in 2022, providing a comprehensive analysis by region and market sector of projected Ignition Coil sales for 2023 through 2029. With Ignition Coil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ignition Coil industry.
This Insight Report provides a comprehensive analysis of the global Ignition Coil 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 Ignition Coil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ignition Coil market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ignition Coil 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 Ignition Coil.
The global Ignition Coil market size is projected to grow from US$ 2501.2 million in 2022 to US$ 3539 million in 2029; it is expected to grow at a CAGR of 3539 from 2023 to 2029.
Global Ignition Coil Application segment consists of OEM and Aftermarket. OEM segment was account for a sales share of about 83% in 2019.
On the basis of geography, the Ignition Coil market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Asia-Pacific is the dominant market in the global Ignition Coil market in terms of value.
Key Players: Delphi, Denso, Diamond Electric Mfg, Bosch, Federal-Mogul, BorgWarner, AcDelco, Hitachi, NGK, Yura, Eldor Corporation, Mitsubishi, SMP, SparkTronic, Marshall Electric, SOGREAT, Jiaercheng and etc. Top ten players account for over 58% of total revenue.
This report presents a comprehensive overview, market shares, and growth opportunities of Ignition Coil market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Single-Spark
Multi-Spark
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
Denso
Delphi
Tenneco (Federal-Mogul)
BorgWarner
AcDelco
Hitachi
NGK
Eldor Corporation
Yura
Mitsubishi
SMP
SparkTronic
Marshall Electric
SOGREAT
Diamond Electric Mfg
Jiaercheng
KING-AUTO
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ignition Coil market?
What factors are driving Ignition Coil market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ignition Coil market opportunities vary by end market size?
How does Ignition Coil 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.