The Global Automotive Aftermarket for Spark Plugs Consumption Market is defined by the presence of some of the leading competitors operating in the market,including the well-established players and new entrants, and the suppliers, vendors, and distributors.The report also analyzes the development proposals and the feasibility of new investments. The Automotive Aftermarket for Spark Plugs Consumption Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this research report.
A spark plug is an important component of a vehicle that is screwed into the engine cylinder. It generates a spark that ignites the compressed air-fuel mixture, which ensures the continuous movement of the piston. There has been an increased demand for fuel-efficient and low-emission vehicles because of the stringent emission norms adopted across all economies and the growing awareness about environmental issues among consumers. This has led to the continuous evolution of spark plugs.
Owing to the continuous rise in the number of new registrations and longer life of the cars, the number of vehicles in use is steadily increasing. Also, the OEMs are extending their warranties on their vehicles to simultaneously increase the car reliability. Technavio’s market study identifies the increase in the parc vehicles to be one of the primary growth factors for the automotive aftermarket for spark plugs. Also, the extension of maintenance of the cars through various service packages has resulted the consumers to easily maintain their cars.
Modern GDI engines operate at higher pressure and temperature, consequently, requirement for ignition voltage also increases. Spark plugs manufacturers are offering high-performance spark plugs to withstand high pressure and temperature. High-performance spark plugs ensure reliable ignition of the fuel-air mixture. To fulfill the growing demands, manufacturers are focusing on enhancing the specifications of the spark plugs. According to our analysts, the development of better designed spark plugs for GDI engines is one of the key factors that will gain traction in the automotive aftermarket for spark plugs in the coming years.
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Over the next five years, Automotive Aftermarket for Spark Plugs will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Aftermarket for Spark Plugs market by product type, application, key manufacturers and key regions.
To calculate the market size, value and volume generated from the sales of the following segments:
Segmentation by product type:
Spark plugs-Hot & Cold
Glow plug-Metal & Ceramic
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
NGK Spark Plugs
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Automotive Aftermarket for Spark Plugs consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Automotive Aftermarket for Spark Plugs market by identifying its various subsegments.
- Focuses on the key global Automotive Aftermarket for Spark Plugs manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Automotive Aftermarket for Spark Plugs with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Automotive Aftermarket for Spark Plugs submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents – Snapshot
1 Scope of the Report
2 Executive Summary
3 Global Automotive Aftermarket for Spark Plugs by Players
4 Automotive Aftermarket for Spark Plugs by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Automotive Aftermarket for Spark Plugs Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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