The global spark and glow plug market is projected to reach USD 8.56 billion by 2028, at a CAGR of 8.2% during the forecast period. Spark plugs and glow plugs are used in ignition systems of gasoline engines and diesel engines, respectively. Spark plugs transmit electric current from the ignition system to the combustion chamber to ignite the fuel-air mixture using an electric spark. Glow plugs are used in diesel engines to increase the temperature of the air inside gas chambers enough to combust the diesel spontaneously.

 

Global Spark Plug & Glow Plug Market
Global Spark Plug & Glow Plug Market.

Spark plugs are expected to witness the highest demand during the forecast period due to the increase in sales of passenger vehicles that use gasoline. Moreover, the popularity of natural gas-based vehicles is expected to fuel the demand for spark plugs. The market for spark plug & glow plug is expected to grow due to the increasing popularity of diesel engine vehicles worldwide. Moreover, in cold regions, glow plugs are preferred, as they reduce vibrations, noise, and smoke emissions in diesel engines to ensure improved driving in cold weather.

Global Spark Plug & Glow Plug Market
Global Spark Plug & Glow Plug Market

Asia Pacific region is expected to witness the highest demand due to the growth of the automotive industry, which can be attributed to the rapid urbanization in the region. The presence of some of the major automobile manufacturers and investments made by them in the Asia Pacific is expected to drive the market in the region.

According to the International Organization of Motor Vehicle Manufacturers, passenger car sales increased from 45 million units in 2005 to 71 million units in 2017. Moreover, advancements in technologies such as the E3 high-performance, plasma core, and ACIS (Advanced Corona Ignition System) for spark plugs and pressure sensor glow plugs have also propelled the market.

However, the growth of the market can be restrained due to the increasing demand for electric vehicles, which eliminates the use of spark or glow plugs.

Key Factors Impacting Market Growth:

  • Growing automobile industry
  • Technological advancements
  • The increasing popularity of electric vehicles

Key Developments:

  • In January 2017, NGK Spark Plug Co. Ltd. launched five new ignition coils. 

What Does This Report Provide?

This report provides a detailed understanding of the global spark plug & glow plug market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Product Type:

  • Spark Plug
  • Hot Plug
  • Cold Plug
  • Glow Plug
  • Metal
  • Ceramic

By Vehicle Type:

  • Passenger
  • Commercial
  • Electric
  • Defense
  • Construction
  • Farm Tractors
  • Others

By Application:

  • Diesel Engines
  • Petrol Engines
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By Vehicle Type
    • By Application
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Product Type
    • By Vehicle Type
    • By Application
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Type
    • By Vehicle Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Product Type
    • By Vehicle Type
    • By Application
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Product Type
    • By Vehicle Type
    • By Application
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Product Type
    • By Vehicle Type
    • By Application

Companies Covered: Delphi Automotive, Borgwarner Inc., Denso Corporation, Federal-Mogul Corporation, NGK Spark Plug Co. Ltd., Robert Bosch GmbH, Weichai Power Co. Ltd., UCI Fram Autobrands, and Valeo 

Reasons to Buy This Report:

  • Market size estimation of the global spark plug & glow plug market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: sales@quincemarketinsights.com

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Why QMI?

Detailed Coverage

Detailed scope covering all the major segments in the market

Meticulous Data Validations

In line data validations to ensure data precision

Recommendations

Market recommendations supporting decision making processes

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