Automotive Ignition Parts Market: By Components, By Ignition Type, By Vehicle Type, and Geography
Automotive Ignition Parts Market: By Components, By Ignition Type, By Vehicle Type, and Geography
Automotive Ignition Parts Market size was valued at US$ 6.8 billion in 2023 and is expected to reach US$ 14.2 Billion by 2030, growing at a 9.8% CAGR from 2024 to 2030. Automotive ignition parts are the ignition system that generates a spark or heat on the medical electrodes to a high temperature to ignite the fuel-air mixture in spark ignition in an internal combustion chamber.The automotive ignition parts market is growing market the demand for the vehicle is increasing day by day. Various components like ignition plug, spark plug, glow plug, ignition coil, ignition control module, and the crankshaft is to be sold differently from the vehicle other than that the Automotive ignition parts are used in the light commercial vehicle, heavy commercial vehicle, and others which result in the increase in the demand for ignition parts. The rise in the sales of automobiles globally and the increase in the number of commercial vehicle sales results increase in the demand for ignition coil in the market. The increase in the repair activity of vehicle increases the life of the vehicle, and the replacement of ignition coils increases which further boost the demand of the Automotive ignition parts market, which provides an opportunity to the key players to expand their business in this segment.
Study Period
2024-2030Base Year
2023CAGR
9.8%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The increasing number of engine combustion problems across the world is the major market driver in the automotive ignition parts market during the forecast period. A fuel-air mixture is used to start ignition in the engine, increase in the number of sales of automobiles globally is estimated a projected increase in ignition parts. Repair of the vehicle or replacement of the ignition coil results in demand for ignition coils in the market. the number of environmental concerns the government initiates are some of the major factors driving the growth of electric vehicles in the market.
Based on regions, the market share is divided into North America, Asia-pacific, Europe, the Middle East, and the African region. Asia Pacific region with total revenue of USD 3.6 billion is likely to be a growing market in the future. It is attributed to an increase in the sales of automotive ignition parts as the highest population is in China and India which covers 40% of market revenue in the forecast years. Europe accounted for the second highest position in the market whereas Germany is first in this regional market as a motor auto manufacturer in the world. North America is expected to be third highest in the global market to enhance the sales in comfortable driving and free pollution commute.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 6.8 billion |
|
Market CAGR |
9.8% |
|
By Components |
|
|
By Ignition Type |
|
|
By Vehicle Type |
|
|
By Region |
|
Download Free Sample Report
The automotive ignition parts market was valued at US$ 6.8 billion in 2023 and is anticipated to reach US$ 14.2 Billion by 2030, growing at an 9.8% CAGR from 2024 to 2030.
The leading players in the automotive ignition parts market are; Denso Corporation, Hitachi Automotive Systems, Diamond electric holdings, Bosch Limited, Marshall Electric Corporation, NGK spark Plug Limited, Delphi Automotive PLC, Mitsubishi Corporations, Standard motor products, Valeso SA
Historic years considered for the market study are 2019 through 2023 is considered as the base year for market estimation, and Seven years forecast is presented from 2024 – 2030.
| 1.Executive Summary |
| 2.Global Automotive Ignition Parts Market Introduction |
| 2.1.Global Automotive Ignition Parts Market - Taxonomy |
| 2.2.Global Automotive Ignition Parts Market - Definitions |
| 2.2.1.Components |
| 2.2.2.Ignition Type |
| 2.2.3.Vehicle Type |
| 2.2.4.Region |
| 3.Global Automotive Ignition Parts Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Automotive Ignition Parts Market Analysis, 2019-2023 and Forecast 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Automotive Ignition Parts Market By Components, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 5.1. Ignition Plug |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Spark plug |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Glow plug |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Ignition Coil |
| 5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Ignition Control Module |
| 5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Crankshaft |
| 5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6.Global Automotive Ignition Parts Market By Ignition Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 6.1. Coil-in plug |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Simultaneous |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Compression Plug |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Automotive Ignition Parts Market By Vehicle Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 7.1. Light commercial vehicle |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Heavy Commercial vehicle |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Passenger vehicle |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. off-road vehicle |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Automotive Ignition Parts Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Automotive Ignition Parts Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 9.1. Components Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Ignition Plug |
| 9.1.2.Spark plug |
| 9.1.3.Glow plug |
| 9.1.4.Ignition Coil |
| 9.1.5.Ignition Control Module |
| 9.1.6.Crankshaft |
| 9.2. Ignition Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Coil-in plug |
| 9.2.2.Simultaneous |
| 9.2.3.Compression Plug |
| 9.3. Vehicle Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Light commercial vehicle |
| 9.3.2.Heavy Commercial vehicle |
| 9.3.3.Passenger vehicle |
| 9.3.4.off-road vehicle |
| 9.3.5.Others |
| 9.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Automotive Ignition Parts Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 10.1. Components Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Ignition Plug |
| 10.1.2.Spark plug |
| 10.1.3.Glow plug |
| 10.1.4.Ignition Coil |
| 10.1.5.Ignition Control Module |
| 10.1.6.Crankshaft |
| 10.2. Ignition Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Coil-in plug |
| 10.2.2.Simultaneous |
| 10.2.3.Compression Plug |
| 10.3. Vehicle Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Light commercial vehicle |
| 10.3.2.Heavy Commercial vehicle |
| 10.3.3.Passenger vehicle |
| 10.3.4.off-road vehicle |
| 10.3.5.Others |
| 10.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Automotive Ignition Parts Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 11.1. Components Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Ignition Plug |
| 11.1.2.Spark plug |
| 11.1.3.Glow plug |
| 11.1.4.Ignition Coil |
| 11.1.5.Ignition Control Module |
| 11.1.6.Crankshaft |
| 11.2. Ignition Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Coil-in plug |
| 11.2.2.Simultaneous |
| 11.2.3.Compression Plug |
| 11.3. Vehicle Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Light commercial vehicle |
| 11.3.2.Heavy Commercial vehicle |
| 11.3.3.Passenger vehicle |
| 11.3.4.off-road vehicle |
| 11.3.5.Others |
| 11.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Automotive Ignition Parts Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 12.1. Components Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Ignition Plug |
| 12.1.2.Spark plug |
| 12.1.3.Glow plug |
| 12.1.4.Ignition Coil |
| 12.1.5.Ignition Control Module |
| 12.1.6.Crankshaft |
| 12.2. Ignition Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Coil-in plug |
| 12.2.2.Simultaneous |
| 12.2.3.Compression Plug |
| 12.3. Vehicle Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Light commercial vehicle |
| 12.3.2.Heavy Commercial vehicle |
| 12.3.3.Passenger vehicle |
| 12.3.4.off-road vehicle |
| 12.3.5.Others |
| 12.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Automotive Ignition Parts Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 13.1. Components Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Ignition Plug |
| 13.1.2.Spark plug |
| 13.1.3.Glow plug |
| 13.1.4.Ignition Coil |
| 13.1.5.Ignition Control Module |
| 13.1.6.Crankshaft |
| 13.2. Ignition Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Coil-in plug |
| 13.2.2.Simultaneous |
| 13.2.3.Compression Plug |
| 13.3. Vehicle Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Light commercial vehicle |
| 13.3.2.Heavy Commercial vehicle |
| 13.3.3.Passenger vehicle |
| 13.3.4.off-road vehicle |
| 13.3.5.Others |
| 13.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Denso corporation |
| 14.2.2.Hitachi Automotive systems |
| 14.2.3.Diamond electric holdings |
| 14.2.4.Bosch Limited |
| 14.2.5.Marshall Electric Corporation |
| 14.2.6.NGK spark Plug Limited |
| 14.2.8.Mitsubishi Corporations |
| 14.2.9.Standard motor products |
| 14.2.10.Valeso SA |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Download Free Sample
