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The future of the global automotive ignition system market looks promising with opportunities in passenger cars, light commercial vehicles and heavy commercial vehicles. The global automotive ignition system market is expected to grow with a CAGR of 9%-11% from 2021 to 2026. The major drivers for this market are increase in vehicle production, changing technology and upgradation, and increase in per capita income.
Emerging trends, which have a direct impact on the dynamics of the industry, include enhancement of vehicle performance, technological development, and rising urbanization.
A total of xx figures / charts and xx tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive ignition system market report, please download the report brochure.
The study includes trends and forecast for the global automotive ignition system market by component, ignition type, engine type, product type, vehicle type, and region, as follows:
By Component [Value ($ Million) from 2015 to 2026]:
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Ignition Switch
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Spark Plug
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Glow Plug
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Ignition Coil
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Ignition Control Module
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Crankshaft
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Camshaft Position Sensors
By Ignition Type [Value ($ Million) from 2015 to 2026]:
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Coil-On-Plug Ignition System
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Compression Ignition System
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Simultaneous Ignition System
By Engine Type [Value ($ Million) from 2015 to 2026]:
By Product Type [Value ($ Million) from 2015 to 2026]:
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Conventional breaker point type ignition system
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Electronic ignition systems
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Distributor less ignition system
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
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Passenger Cars
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Light commercial Vehicles
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Heavy Commercial Vehicles
By Region [Value ($ Million) from 2015 to 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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APAC
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China
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India
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Japan
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ROW
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Middle East
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Brazil
Some of the automotive Ignition System companies profiled in this report include Federal-Mogul Corp, Woodward Inc., BorgWarner Inc., Delphi Technologies, Denso Corporation, SEM, Mitsubishi Electric, CEP Technologies, STRATTEC, Diamond Electric, Robert Bosch GmbH, E3 Spark Plugs, Enerpulse Technologies, Continental AG and Hitachi Automotive Systems Americas, Inc.
Lucintel forecasts that gasoline will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to the growth of automobiles, increasing demand for fuel-efficient vehicles, and stringent rules over fuel consumption.
Within the global automotive ignition system market, the passenger car segment is expected to witness the highest growth over the forecast period due to the rising passenger vehicle demand across the world and the increasing automotive manufacturing industry.
APAC is expected to remain the largest market and witness the highest growth over the forecast period due to urbanization, growth in intercity personal vehicle transportation, and rise in manufacturing activities, which are expected to propel the demand for passenger and commercial vehicles.
Features of the Global Automotive Ignition System Market
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Market Size Estimates: Global automotive ignition system market size estimation in terms of value ($M) shipment.
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments.
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Segmentation Analysis: Global automotive ignition system market size by various segments, such as by component, ignition type, engine type, product type and vehicle type in terms of value
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Regional Analysis: Global automotive ignition system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
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Growth Opportunities: Analysis of growth opportunities in different by component, ignition type, engine type, product type, vehicle type and regions for the global automotive ignition system market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global automotive ignition system market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising growth opportunities for the global automotive ignition system market by component (ignition switch, spark plug, glow plug, ignition coil, ignition control module, crankshaft, and camshaft position sensors), ignition type (coil on plug ignition, simultaneous ignition and compression ignition), engine type (gasoline and diesel), product type (conventional breaker point type ignition system, electronic ignition systems, and distributor less ignition system), vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M & A activity did occur in the last five years? |
Report Scope
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Key Features |
Description |
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Base Year for Estimation |
2020 |
Trend Period
(Actual Estimates) |
2015-2020 |
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Forecast Period |
2021-2026 |
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Pages |
210 |
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Market Representation / Units |
Revenue in US $ Million |
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Regional Scope |
North America (USA, Mexico, and Canada), Europe (Germany and United Kingdom), Asia (China, Japan, and India), and ROW (Middle East and Brazil) |
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Report Coverage |
Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
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Market Segments |
Component (Ignition Switch, Spark Plug, Glow Plug, Ignition Coil, Ignition Control Module, Crankshaft, and Camshaft Position Sensor), Ignition Type (Coil On Plug Ignition, Simultaneous Ignition and Compression Ignition), Engine Type (Gasoline and Diesel), Product Type (Conventional Breaker Point Type Ignition System, Electronic Ignition Systems and Distributor Less Ignition System), Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles) |
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Customization |
10% Customization without Any Additional Cost |