The Spark Plug Market was worth USD 2.07 billion in 2014 and is expected to reach approximately USD 3.04 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.36% during the forecast period.
This Report also provides Sales Analysis, Equipment and Raw Material Suppliers, Tables & Figures, development of Spark Plug industry, competitive landscape analysis, and key regions distributors analysis, and shares from 2014-2018 and forecast till 2023.
Spark Plug Market - Competitive Insights:
The leading players in the market are Federal-Mogul Corporation, Ngk Spark Plug Co Ltd, Enerpulse Technologie, Autolite, Denso Corporation, Zhuzhou Torch Spark Plug, Stitt Spark Plug, Acdelco and E3 Sparkplugs. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Spark Plug Market - Material Outlook and Trend Analysis:
Based on material the market is segmented into Copper, Iridium, and Platinum. The iridium is the most progressive centre electrode material for spark plug, which has a life span of 100,000 Km—five times more than copper start plug. Iridium spark plugs have properties, for example, long administration life and enhanced ignitability because of fine tipped focus cathode. Also, iridium spark plug discovers its application to high-end passenger cars, HCVs, and in small boats.
Spark Plug Market - Application Outlook and Trend Analysis:
Automobile spark plug market drove the spark plug market, representing around 80% of the general market. This is ascribed to the rising number of gasoline-powered passenger cars generally in developing nations of Asia-Pacific and LAMEA. Additionally, developing demand for vehicles that are powered by natural gas helps the development of the automobile spark plug market.
Spark Plug Market - The Spark Plug market is segmented as follows-
By Region -
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Spark Plug Market - Regional Outlook and Trend Analysis:
Asia-Pacific spark plug market is the most lucrative spark plug market among different locales, inferable from increment in number of vehicles in China, India, and Japan. Existence of the major car makers in China and their responsibility of investing resources in Asia-Pacific and development in number of joint endeavours with universal brands drive the market development.
Spark Plug Market - Table of Contents:
4.Market Analysis by Regions
5.Spark Plug Market, By Application
6.Spark Plug Market, By Electrode Material
7.Spark Plug Market, By Region
9.Global Spark Plug Market Competition, by Manufacturer
10.Spark Plug Market Forecast (2018-2023)
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Brass rods market based on product and application. It also provides market size and forecast till 2023 for overall Brass rods market with respect to five major regions, namely; North America, Europe, Asia-Pacific, Rest of the World, which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
Also, key Spark Plug market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered.
Access Complete Report With TOC @ https://www.crystalmarketresearch.com/report/spark-plug-market .
About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
For more information, visit: https://www.crystalmarketresearch.com/report-sample/ME04702