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Spark Plug Market Size, Growth, Segmentation, Share, Forecast 2020-2025

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shubham gosavi
Spark Plug Market Size, Growth, Segmentation, Share, Forecast 2020-2025

Spark Plug Market is valued at USD 6678.1 Million in 2018 and expected to reach USD 9779.1 Million by 2025 with a CAGR of 5.6% over the forecast period. Increasing demand and production of automobiles is driving the growth of global spark plug market.

Spark plug market report published by the Brandessence Market Research and Consulting Pvt. Ltd. provides the detail information about spark plug market from various aspects. This report consists of drivers, challenges and opportunities which help the market to grow over the analysis period and recent trends which supports the growth of market. This report consists of regional segmentation with product type and applications.

The spark plug is used to ignite the combustion of the compressed fuel-air mixture during the compression cycle in spark ignition engine and it is the task of the spark plug to generate this spark. In combustion chamber, a flame front spreads from the spark and fills the combustion chamber until the air fuel mixture burned and the heat released increases the temperature inside of the combustion chamber, there is a rapid buildup of pressure in the cylinder and the piston is forced downwards. The movement is transferred via connecting rod to the crankshaft; this drives the vehicle via the clutch, the gears and the axles. The spark plug is widely used in automotive, marine and industrial sector.


The rising demand and production of automobiles due to the growing population and increasing consumer disposable income has resulted in the growth of spark plug market. Increased usage of fuel-based boats, other fuel driven machinery, generators and jets is also boosting the growth of spark plug market. Increasing Government initiatives to reduce carbon emission by using electric vehicle for public transport is also augment the market growth for spark plugs. However, the increasing trend of engine downsizing coupled with the growing demand for electric vehicles may hinder the growth spark plug market within the forecast period. In spite of that, technological advancements to improve the performance and ignitability can provide opportunities for the growth of spark plug market in the forecast period.

 

Spark Plug Market Key Players

Federal-Mogul Corporation

Denso Corporation

BorgWarner Inc.

Robert Bosch Gmbh

ACDelco

Weichai Power Co. Ltd.

Megenti Marelli S.p.A

NGK Spark Plug Co. Ltd

Valeo

MSD Performance

HELLA GmbH & Co. KGaA 

Spark Plug Market Segmentation –

By Product Type: Hot Spark Plug, Cold Spark Plug

By Electrode Material: Copper, Iridium, Platinum, Others

By Application Type: Automotive, Marine, Industrial, Others

By Demand Category: OEM, Aftermarket

By Region:

North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

Table of Content

  1. Chapter – Report Methodology

1.1. Research Process

1.2. Primary Research

1.3. Secondary Research

1.4. Market Size Estimates

1.5. Data Triangulation

1.6. Forecast Model

1.7. USP's of Report

1.8. Report Description

  1. Chapter - Superyacht Market Overview: Qualitative Analysis

2.1. Market Introduction

2.2. Executive Summary

2.3. Superyacht Market Classification

2.4. Market Drivers

2.5. Market Restraints

2.6. Market Opportunity

2.7. Superyacht Market: Trends

2.8. Porter's Five Forces Analysis

2.9. Market Attractiveness Analysis

  1. Chapter – Superyacht Market Overview: Quantitative Analysis
  2. Chapter - Superyacht Market Analysis: Segmentation By Type
  3. Chapter - Superyacht Market Analysis: Segmentation By Application

Continued....

 About Us:

Brandessence Market Research and Consulting Pvt. ltd.

Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

Contact us at: +44-2038074155 or mail us at [email protected]

 

 

 

 

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