Automotive Ignition System Market - Trends Forecast Till 2028

Automotive Ignition System Market, Components (Ignition Switch, Spark Plug, Glow Plug, Ignition Coil, Ignition Control Module, Crankshaft & Camshaft Position Sensor), Ignition Type (Coil on Plug & Simultaneous), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: January, 2021

Base Year Estimate: 2020

Report ID: D-AU-AISM-59

Format:  

Number of Pages: 310

Domain: Automotive

Automotive Ignition System Market – Trends Forecast Till 2028

Global automotive ignition system market is anticipated to reach USD 7.9 billion by 2021 and growing at a CAGR of 7.8% during the forecasting period, 2021-2028. A number of twists and turns have been witnessed in the automotive ignition system market wherein the combustion system is one of the most crucial factors that drive the design of an ignition system. The automotive industry is focusing on accelerating research on the development of new power-train with minimal usage of fuel, improvised robustness, and higher power density

An increasing number of vehicles, increasing demand for improvised vehicle performance, and strict regulatory scenarios conducted by the government are some of the factors that have supported long-term expansion for the automotive ignition system market. 

Automotive Ignition System Market – Trends Forecast Till 2028

The global automotive ignition system market is segmented into components, ignition type, and geography.

Components segment is segmented into Ignition Switch, Spark Plug, Glow Plug, Ignition Coil, Ignition Control Module, and Crankshaft & Camshaft Position Sensor

Ignition Type segment is segmented into Coil on Plug & Simultaneous  

Geographically, the global automotive ignition system market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Europe region has come up as the prominent region for the leading share in the overall global market during the forecast period 2021-2028.

Key players in the global automotive ignition system market are Delphi Automotive, BorgWarner, Federal-Mogul Corp, Denso Corp, Robert Bosch GmbH, SEM, and Mitsubishi Electric Corporation

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

  • In 2019, Delphi Technologies, launched two new OE ignition coils, featuring its proven multi-charge technology. These OE ignition coils are fitted to more than 150 Mercedes models comprising A220, C180, C200, E200, GLA200, and Vito.

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In addition to the market data for the automotive ignition system market, Delvens. offers client-centric reports and customized according to the company’s specific demand and requirement.

Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conferences like Jefferies conference)—to identify and collect information useful for this study of the automotive ignition system market. The purpose of secondary research is to identify and collection of extensive, technical, market-oriented, and commercial studies of the global automotive ignition system market. Through secondary research, the market is classified and segmented as per industry trends, developments, regional markets, products and technological developments. 

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the automotive ignition system market.

Primary Respondent breakdown is given below:

Automotive Ignition System Market – Trends Forecast Till 2028

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the automotive ignition system market. This approach has also been used to derive the market for segmentation and sub-segmentation. 

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants 

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for the automotive ignition system market so as to understand the trends and the factors involved in changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 7.9 billion

Growth Rate

CAGR of 7.8% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year 

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Components, Ignition Type, and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Delphi Automotive, BorgWarner, Federal-Mogul Corp, Denso Corp, Robert Bosch GmbH, SEM, and Mitsubishi Electric Corporation

Available Customization 

In addition to the market data for the automotive ignition system market, Delvens. offers client-centric reports and customized according to the company’s specific demand and requirements.

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