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)
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.
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:
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. |