Automotive Ignition Coil Market – Global Industry Analysis, by Component, by Ignition type, by Region and Forecast (2023-2029)

Automotive Ignition Coil Market was valued at US$ 3.13 Bn in 2022 and is estimated to reach US$ 5.01 Bn by 2029 at a CAGR of 6.92% during a forecast period.

Automotive Ignition Coil Market Dynamics

An ignition coil, also known as a spark coil, transforms the battery's low voltage to high voltage, which is necessary to produce the electric discharge in spark plugs to ignite the fuel. Few coils have an internal resistor, while others rely on an external resistor to limit the current flow in the ignition coil. An increase in automobile sale globally resulted to be the major driver for the growth of the ignition coil market. The global automotive industry has witnessed satisfactory growth, especially in the case of emerging economies, for instance, India, Thailand, Mexico, and Indonesia. Growing urbanization, rise in per capita income, and standard of living in these countries are contributing to the growth of the automotive industry. The increasing need for compact ignition coils due to engine downsizing is one of the challenges of the market.Automotive Ignition Coil MarketTo know about the Research Methodology:- Request Free Sample Report

Automotive Ignition Coil Market Segment Analysis

The ignition switch segment is widely used in the automotive ignition coil market. An ignition switch also called a starter switch controls a system of a motor vehicle that activates the main electrical system for the vehicle, including accessories such as radio, power windows, etc. Powered by internal combustion engines, the switch provides power to the solenoid and the ignition system components, with the engine control unit and ignition coil and is frequently combined with the start switch which activates the starter motor.

Automotive Ignition Coil Market Regional Insights

Region-wise, Asia-Pacific is one of the leading revenue generators of the automotive ignition coil market globally followed by North America and Europe. China, Japan, and India are considered as the major market for investments because of the rising demand for vehicles and growing economies. Increasing demand for automobile ignition coil system is expected to rise in Germany and the United Kingdom. Global automotive ignition coil market report includes PESTLE analysis, competitive landscape, and Porter’s five force model. Market attractive analysis wherein all the segments are benchmarked based on the market size, growth rate, and general attractiveness.

Automotive Ignition Coil Market, Key Highlights:

• Global Automotive Ignition Coil Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Automotive Ignition Coil Market • Global Automotive Ignition Coil Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Global Automotive Ignition Coil Market strategic analysis with respect to individual growth trends, future prospects along the contribution of various sub-market stakeholders have been considered under the scope of the study. • Global Automotive Ignition Coil Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Automotive Ignition Coil Market are also profiled.

Automotive Ignition Coil Market Scope: Inquire before buying

Global Automotive Ignition Coil Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 3.13 Bn.
Forecast Period 2023 to 2029 CAGR: 6.92% Market Size in 2029: US $ 5.01 Bn.
Segments Covered: by Component • Ignition Switch • Spark Plug • Glow Plug • Ignition Coil • Ignition Control Module
by Ignition type • Coil on Plug • Simultaneous

Automotive Ignition Coil Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Automotive Ignition Coil Market Key Players

• Marshall Electric Corp • Delphi Automotive LLP • BorgWarner Inc. • Continental AG • DENSO Corporation • Federal-Mogul Corporation • Hitachi Automotive Systems Americas, Inc. • Standard Motor Products • Mitsubishi Electric Corporation • NGK Spark Plug Co., Ltd. • Nissan Motor Co., Ltd • Robert Bosch GmbH • AcDelco • Toyota • Valeo SA • Woodward, Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Automotive Ignition Coil Market? Ans: Asia-Pacific region held the highest share in 2022. 2. What is the growth rate of Global Automotive Ignition Coil Market? Ans: The Global Automotive Ignition Coil Market is growing at a CAGR of 6.92% during forecasting period 2023-2029. 3. What is scope of the Global Automotive Ignition Coil Market report? Ans: Global Automotive Ignition Coil Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Automotive Ignition Coil Market? Ans: The important key players in the Global Automotive Ignition Coil Market are – Marshall Electric Corp, Delphi Automotive LLP, BorgWarner Inc., Continental AG, DENSO Corporation, Federal-Mogul Corporation, Hitachi Automotive Systems Americas, Inc., Standard Motor Products, Mitsubishi Electric Corporation, NGK Spark Plug Co., Ltd., Nissan Motor Co., Ltd, Robert Bosch GmbH, AcDelco, Toyota, Valeo SA, Woodward, and Inc. 5. What is the study period of this Market? Ans: The Global Automotive Ignition Coil Market is studied from 2022 to 2029.
1. Global Automotive Ignition Coil Market: Research Methodology 2. Global Automotive Ignition Coil Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Automotive Ignition Coil Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Automotive Ignition Coil Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Automotive Ignition Coil Market Segmentation 4.1. Global Automotive Ignition Coil Market, by Component (2022-2029) • Ignition Switch • Spark Plug • Glow Plug • Ignition Coil • Ignition Control Module 4.2. Global Automotive Ignition Coil Market, by Ignition type (2022-2029) • Coil on Plug • Simultaneous 5. North America Automotive Ignition Coil Market(2022-2029) 5.1 North American Automotive Ignition Coil Market, By Component (2022-2029) • Ignition Switch • Spark Plug • Glow Plug • Ignition Coil • Ignition Control Module 5.2 North America Automotive Ignition Coil Market, By Ignition type (2022-2029) • Coil on Plug • Simultaneous 5.3 North America Automotive Ignition Coil Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Automotive Ignition Coil Market (2022-2029) 6.1. European Automotive Ignition Coil Market, By Component (2022-2029) 6.2. European Automotive Ignition Coil Market, By Ignition type (2022-2029) 6.3 European Automotive Ignition Coil Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Automotive Ignition Coil Market (2022-2029) 7.1. Asia Pacific Automotive Ignition Coil Market, By Component (2022-2029) 7.2. Asia Pacific Automotive Ignition Coil Market, By Ignition type (2022-2029) 7.3. Asia Pacific Automotive Ignition Coil Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Automotive Ignition Coil Market (2022-2029) 8.1. Middle East and Africa Automotive Ignition Coil Market, By Component (2022-2029) 8.2. Middle East and Africa Automotive Ignition Coil Market, By Ignition type (2022-2029) 8.3. Middle East and Africa Automotive Ignition Coil Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Automotive Ignition Coil Market (2022-2029) 9.1. South America Automotive Ignition Coil Market, By Component (2022-2029) 9.2. South America Automotive Ignition Coil Market, By Ignition type (2022-2029) 9.3 South America Automotive Ignition Coil Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Marshall Electric Corp 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Delphi Automotive LLP 10.3 BorgWarner Inc. 10.4 Continental AG 10.5 DENSO Corporation 10.6 Federal-Mogul Corporation 10.7 Hitachi Automotive Systems Americas, Inc. 10.8 Standard Motor Products 10.9 Mitsubishi Electric Corporation 10.10 NGK Spark Plug Co., Ltd. 10.11 Nissan Motor Co., Ltd 10.12 Robert Bosch GmbH 10.13 AcDelco 10.14 Toyota 10.15 Valeo SA 10.16 Woodward, Inc.
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