The global spark plug market is projected to witness a higher CAGR of 4.19% by 2023. The government in developed and developing countries has imposed a permissible upper limit for automobile pollution, which in turn calls for spark plugs as a necessary component in automotive. Rise in production units and revenue share of market is likely to trigger the market growth during the forecast period. Technological improvements in spark plug category in automobiles is likely to contribute to the market growth during the forecast period. In addition, strategic alliances and emphasis of business players on market expansion is likely to stimulate the market growth during the forecast period. By type, the spark plug market comprises platinum spark plug, double platinum spark plug, iridium spark plug and copper spark plug. Application segment for spark plug market includes commercial vehicles, heavy commercial vehicles and passenger vehicles. Product segment for spark plug market includes hot spark plug, cold spark plug, ceramic glow plug and metal glow plug. By vehicle type, the market segmentation includes light commercial vehicle and heavy commercial vehicles. Light commercial vehicles are likely to dominate the segment growth displaying a larger market size. Geographical segmentation for spark plug market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to grow at a higher CAGR during the forecast period due to rise in automotive industry and presence of automobile setups. Rise in number of OEM and aftermarket services is likely to contribute significantly towards market development. The market gains an upper traction, one of the major reasons being changing trends for automobile sector. North American and European markets is likely to grow at a higher CAGR as the auto industry in these regions is highly developed and constant R&D is stressed upon for efficient working of an auto engine. The key players in the spark plug market include NGK Spark Plug Co Ltd, Denso Corporation, BorgWarner Inc and Robert Bosch GmbH. Global spark plug market is anticipated to grow at a CAGR of 4.19% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America). The Global Market for spark plug to 2023 offers detailed coverage of spark plug industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading spark plug producers to provide exhaustive coverage of the spark plug. Report contents include • Analysis of the spark plug market including revenues, future growth, market outlook • Historical data and forecast • Regional analysis including growth estimates • Analyzes the end user markets including growth estimates. • Profiles on spark plug including products, sales/revenues, and market position • Market structure, market drivers and restraints. Key regions • North America • Europe • Asia Pacific • Middle East and Africa • South America Key Vendors • NGK Spark Plugs • Bosch • Federal-Mogul • Denso • Autolite • Zhuzhou Torch • request free sample to get a complete list of companies
Table of Contents Part 1. Summary Part 2. Report Methodology 2.1 Methodology 2.2 Data Source 2.3 Disclaimer Part 3. Market Overview 3.1 General information 3.2 Segmentation by Type 3.3 Segmentation by Application 3.4 Regional Spark Plug Market Size (Status & Prospect) 3.4.1 North America 3.4.2 Europe 3.4.3 Asia-Pacific 3.4.4 Middle East & Africa 3.4.5 South America Part 4. industry Value Chain 4.1 Spark Plug industry Value Chain Analysis 4.2 Upstream Raw Materials 4.3 End-users & Customers 4.4 Distributors Part 5. Competitive Landscape 5.1 Global Spark Plug Sales & Share by Company (2013-2018) 5.2 Global Spark Plug Revenue & Share by Company (2013-2018) 5.3 Price Trends 5.4 Competitive Trends Part 6. Segmentation by Type 6.1 Global Spark Plug Sales Volume by Type (2013-2018) 6.2 Global Spark Plug Revenue by Type (2013-2018) 6.3 Global Spark Plug Price by Type (2013-2018) Part 7. Segmentation by Application 7.1 Global Spark Plug Sales Volume by Application (2013-2018) 7.2 Global Spark Plug Revenue by Application (2013-2018) 7.3 Global Spark Plug Price by Application (2013-2018) Part 8. Regional Perspectives 8.1 Overview 8.2 North America 8.2.1 by Application 8.2.2 by Country (U.S., Canada, Mexico, etc.) 8.3 Europe 8.3.1 by Application 8.3.2 by Country (Germany, UK, France, Spain, italy, etc.) 8.4 Asia-Pacific 8.4.1 by Application 8.4.2 by Country (China, Japan, Korea, india, etc.) 8.5 Middle East & Africa 8.5.1 by Application 8.5.2 by Country (Saudi Arabia, Turkey, Nigeria, iran, South Africa, etc.) 8.6 South America 8.6.1 by Application 8.6.2 by Country (Brazil, Argentina, Colombia, etc.) Part 9. Company Profiles 9.1 Company Profile 9.2 Product Offered 9.3 Business Performance (2013-2018) Part 10. Market Forecast 10.1 Global Spark Plug Market Size Forecast (2018-2023) 10.1.1 Global Spark Plug Sales Forecast (2018-2023) 10.1.2 Global Spark Plug Revenue Forecast (2018-2023) 10.2 Forecast by Region 10.2.1 North America 10.2.2 Europe 10.2.3 Asia-Pacific 10.2.4 Middle East & Africa 10.2.5 South America 10.3 Forecast by Type 10.4 Forecast by Application Part 11. Market Drivers 11.1 Rising Demand 11.2 Entry Barrier 11.3 Economic/Political Environmental
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