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A spark plug is a device used for delivering electric current from an ignition system to the combustion chamber. On the basis of product type, the automotive spark & glow plugs market has been segmented into the metal glow plug, cold spark plug, hot spark plug, and ceramic glow plug. The global automotive spark & glow plugs market focuses on five regions namely North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The global Automotive Spark and Glow Plugs market is estimated to be valued at US$ 6,481.20 million in 2021 and is expected to exhibit a CAGR of 2.1% over the forecast period (2021-2028).

Recent Developments:

In September 2021, NGK SPARK PLUG, a prominent player in the spark and grow plugs market launched  three new spark plugs and one new glow plug. These advanced spark and glow plugs offer better performance  compared to traditional plugs.

In July 2015, Bosch Auto Parts launched new laser welded single platinum spark plug. This spark in made from advanced laser welded technology.

In July 2019, NGK Spark Plugs launched more than 150 new products including the spark and glow plugs.

Statistics:

Figure 1. Global Automotive Spark and Glow Plugs Market Value (US$ Mn), by Region, 2020

Spark Plug And Glow Plug  | Coherent Market Insights

Asia Pacific held dominant position in the global Automotive Spark and Glow Plugs market in 2020, accounting for 42.0% share in terms of Value, followed by North America and Europe respectively.

Market Dynamics- Drivers

Increasing automotive production is expected to drive growth of the global automotive spark & glow plugs market during the forecast period. Sales of automotive spark plugs and glow plugs are directly associated with the automotive production and vehicle parc. The global automotive industry has witnessed significant growth in the recent past, regardless of unstable economic conditions. According to Coherent Market Insights’ analysis, global automotive production is expected to increase at a modest CAGR of 3–3.5% over the forecast period. Moreover, automotive production is expected to higher in emerging economies as compared to developed economies. This is typically due to rising urbanization and stable economic conditions in the countries.

Stringent fuel emission rules are expected to propel the global automotive spark & glow plugs market growth over the forecast period. Spark plugs provide smooth ignition and engine operation by complete combustion of fuel, which further ensures low emission from the engine. Similarly, glow plugs reduce exhaust gas emissions and improves the performance of diesel engines. As a result of this, adoption of advanced automotive spark plugs and glow plugs is expected to increase among automakers in the near future, in order to comply with stringent emission norms.

Market Opportunities

Major companies in the market are focused on business expansion, collaboration, and partnership activities, in order to enhance the market presence. For instance, in 2015, Denso Corporation expanded its manufacturing facility in North America for production of engine-related components for use in automobiles in order to cater to rapid growth in automobile production in North America. 

The replacement rate of spark plugs in developed countries is more than that in developing nations. This mainly due to lack of awareness about various issues associated with the use of old and worn out spark plugs in these regions. According to Coherent Market Insights’ analysis, in the U.S., the average replacement rate of spark plugs in a year is 20–25%, while in India replacement rate of spark plugs in a year is around 10–15%.

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Automotive Spark and Glow Plugs Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 6,481.20 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 2.1% 2028 Value Projection: US$ 7508.22 Mn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Western Europe: Germany, U.K., France, Italy, and Rest of Western Europe
  • Eastern Europe: Poland, Russia, and Rest of Eastern Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, Rest of Asia Pacific
  • Middle East and Africa: GCC Countries, Israel,  South Africa, North Africa, Central Africa, Rest of Middle East
Segments covered:
  • By Product Type: Hot Spark Plug, Cold Spark Plug, Metal Glow Plug, Ceramic Glow Plug
  • By Vehicle Type: Passenger Cars, LCV, HCV
  • By Sales Channel: OEM, Aftermarket
Companies covered:

NGK Spark Plug Co. Ltd, Magneti Marelli Aftermarket N.A., Federal-Mogul Corporation, ACDelco Corporation, Denso Corporation, Valeo SA, Robert Bosch GmbH, Weichai Power Co., Ltd., and Borgwarner Inc.

Growth Drivers:
  • Increasing automotive production 
  • Stringent fuel emission rules
Restraints & Challenges:
  • Increasing demand for electric vehicles
  • Engine downsizing

Market Trends

Increasing demand for mid-size and compact cars is a major trend. On average, sales of compact or mid-size cars account for 55%–65% share of global car sales. Thus, this segment offers lucrative opportunities for deployment of automotive spark plugs and glow plugs. The trend is expected to gain traction in the near future.

Increasing adoption of e-tailing is another key trend in the market. E-tailing is the fastest-growing retail sector in the automotive aftermarket and is becoming a significant revenue stream for auto parts sales. Component manufacturers such as Bosch and Denso have their own portal to sell products online. Other prominent e-tailing companies include Auto Car Parts, Rock Auto, O’ Ralliys, and Amazon.

Figure 2. Global Automotive Spark and Glow Plugs Market Share, By Pricing Range, 2020

Spark Plug And Glow Plug  | Coherent Market Insights

Key Takeaways of the Graph:

  • The hot spark plug held dominant position in the market and accounted for 44% share in the global Automotive Spark and Glow Plugs market in 2020. The segment is expected to reach US$ 3282.98 million in 2028. This is owing to increased demand of automotive in the global market.
  • The hot spark plug segment is expected to show highest CAGR of 3.5% in the global Automotive Spark and Glow Plugs market during the forecast period.

Market Dynamics- Restraints

Increasing demand for electric vehicles is expected to restrain growth of the global automotive spark & glow plugs market during the forecast period. Rising environmental awareness and fluctuating fuel prices have influenced consumers, especially in developed regions such as North America and Europe to opt for electric car models such as plug-in hybrid electric vehicles (PEHV) and battery electric vehicles (BEV). Increasing urban population, decreasing battery prices, lucrative incentives for electric vehicles, and enhancing transportation infrastructure in emerging economies are other factors driving adoption of electric cars.

Engine downsizing is expected to hinder the global automotive spark & glow plugs market growth over the forecast period. Engine downsizing may lead to decreased number of cylinders in the engine, thereby decreasing a number of spark plugs and glow plugs required in the vehicle. For instance, in Engine downsizing may lead to decreased number of cylinders in the engine, thereby decreasing number of spark plugs and glow plugs required in the vehicle.

Competitive Section

Key players involved in the global automotive spark & glow plugs market are NGK Spark Plug Co. Ltd, Magneti Marelli Aftermarket N.A., Federal-Mogul Corporation, ACDelco Corporation, Denso Corporation, Valeo SA, Robert Bosch GmbH, Weichai Power Co., Ltd., and Borgwarner Inc.

Key Developments

  1. Key companies in the market are focused on joint ventures, in order to enhance the market presence. For instance, in February 2020, NGK Spark Plug Co. Ltd and Mitsubishi Hitachi Power Systems, Ltd. formed a joint venture CECYLLS Co. Ltd. to manufacture and sell cylindrical cell stacks.
  2. Major companies in the market are involved in mergers and acquisitions, in order to enhance the market position. For instance, in October 2018, NGK Spark Plug Co. Ltd acquired CAIRE Inc.

A glow plug is a small heating device typically used to help in starting a diesel engine. In extremely cold temperatures, high-performance diesel engines are hard to start as the internal mass of the engine cylinder head absorbs most of the heat of compression, thereby rendering the ignition system non-functional. In such cases, pre-chambered diesel uses small glow plugs inside the prechamber. The plug is then removed and reheated before being reinserted into the engine cylinder. A spark plug is a small device for delivering electrical current to the combustion chamber of an internal combustion engine to start the fuel combustion process by a spark ignition process using compressed air or gas while containing minimal combustion heat in the engine itself. The internal combustion engine uses gas in its fuel combustion and also contains combustible gasses such as carbon monoxide and oxygen. A spark plug initiates this process using a thin-film diaphragm that expands upon being exposed to flame and creates a spark that ignites the oxygen in the gasses and causes the gasses to ignite.

Market Dynamics

Increasing production of passenger cars is expected to boost the global automotive spark and glow plugs market growth over the forecast period.  As per the Organisation Internationale des Constructeurs d'Automobiles (OICA), total vehicle (commercial + passenger) sales reached 96 million units in 2017, increasing from 86 million units in 2013 globally. This, in turn, has increased the demand for spark and glow plugs worldwide.

Furthermore, increasing demand for performance cars and commercial vehicles in emerging economies is expected to accelerate growth of the global automotive spark and glow plugs market in the near future.

Key features of the study:

  • This report provides in-depth analysis of the automotive spark and glow plugs  market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global automotive spark and glow plugs market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include NGK Spark Plug Co. Ltd, Magneti Marelli Aftermarket N.A., Federal-Mogul Corporation, ACDelco Corporation, Denso Corporation, Valeo SA, Robert Bosch GmbH, Weichai Power Co., Ltd., and Borgwarner Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global automotive spark and glow plugs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive spark and glow plugs  market

Detailed Segmentation:

  • Global Automotive Spark and Glow Plugs Market, By Product Type:
    • Hot Spark Plug
    • Cold Spark Plug
    • Metal Glow Plug
    • Ceramic Glow Plug
  • Global Automotive Spark and Glow Plugs Market, By Vehicle Type:
    • Passenger Cars
    • LCV
    • HCV
  • Global Automotive Spark and Glow Plugs Market, By Sales Channel:
    • OEM
    • Aftermarket
  • Company Profiles
    • ACDelco Corporation *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Borgwarner Inc.
    • Denso Corporation
    • Federal-Mogul Corporation
    • Magneti Marelli Aftermarket N.A.
    • NGK Spark Plug Co. Ltd
    • Robert Bosch GmbH
    • Valeo SA
    • Weichai Power Co., Ltd.

*Browse all the market data tables and figures on “Global Spark and Grow Plugs Market- Forecast to 2028”

Frequently Asked Questions

APAC (Region) held dominant position in the global automotive spark and glow plugs market in 2020, accounting for 42% share in terms of volume.
In 2020, the Hot Spark Plugs accounted for the largest share of 44% in the market and is expected to be valued at US$ 3282.98 million by 2028.
Increasing automotive production is expected to drive growth of the market during the forecast period.
Major companies involved in the market are NGK Spark Plug Co. Ltd, Magneti Marelli Aftermarket N.A., Federal-Mogul Corporation, ACDelco Corporation, Denso Corporation, Valeo SA, Robert Bosch GmbH, Weichai Power Co., Ltd., and Borgwarner Inc.
Increasing demand for electric vehicles is expected to restrain growth of the market during the forecast period.
Major companies in the market are focused on business expansion, collaboration, and partnership activities, in order to enhance the market presence.

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