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Report
Automotive Ignition System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 147 Pages I IMARC Group
The global automotive ignition system market size reached US$ 7.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.8% during 2022-2028.
The automotive ignition system refers to an ignition circuit that generates sparks or heat in automobiles. The three common methods of ignition used in these systems include compression ignition, simultaneous ignition and coil-on-plug (COP) ignition. They consist of an ignition switch, ignition coil, distributor, high tension cable and spark plug. These components supply high voltage current to the spark plugs in the engine cylinders, which produces electric sparks in the gaps between spark plugs. The heat generated from these sparks further ignites the compressed air-fuel mixture in the combustion chamber, thereby powering the vehicle. As a result, automotive ignition systems find extensive applications in petrol engine vehicles, such as passenger cars, motorcycles, light and heavy commercial vehicles (L/HCVs).
The growing automotive industry across the globe represents one of the key factors driving the market growth. Due to rising environmental consciousness among the masses, there is an increasing demand for ignition systems that offer improved operational efficiency and fuel economy. This, along with the widespread adoption of laser ignition systems, is also favoring the market growth. Various technological advancements, such as rapid electrification of the automotive industry and the development of electronic ignition systems integrated with sensors, switches and transistors, are acting as other growth-inducing factors. In comparison to the traditionally used mechanical systems, these modern variants offer improved horsepower levels and more accurate and reliable flow of current. Other factors, including the implementation of favorable government policies to manage the levels of carbon emissions into the environment, along with rising expenditure capacities of consumers, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive ignition system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on engine type, ignition type, component, vehicle type and sales channel.
Breakup by Engine Type:
Gasoline
Diesel
Breakup by Ignition Type:
Coil on Plug Ignition
Simultaneous Ignition
Compression Ignition
Breakup by Component:
Ignition Switch
Spark Plug
Glow Plug
Ignition Coil
Others
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicle
Others
Breakup by Sales Channel:
OEM
Aftermarket
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being BorgWarner Inc., Continental AG (Schaeffler Group), Denso Corporation, Diamond Electric Mfg. Co. Ltd., Federal-Mogul Corporation (Tenneco Inc.), Hitachi Ltd., Mitsubishi Electric Corporation, NGK Spark Plug Co. Ltd., Robert Bosch Gmbh and Valeo.
Key Questions Answered in This Report:
How has the global automotive ignition system market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global automotive ignition system market?
What are the key regional markets?
What is the breakup of the market based on the engine type?
What is the breakup of the market based on the ignition type?
What is the breakup of the market based on the component?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the sales channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global automotive ignition system market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Automotive Ignition System Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Engine Type
6.1Gasoline
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Diesel
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Ignition Type
7.1Coil on Plug Ignition
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Simultaneous Ignition
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Compression Ignition
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Component
8.1Ignition Switch
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Spark Plug
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Glow Plug
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Ignition Coil
8.4.1 Market Trends
8.4.2 Market Forecast
8.5Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Vehicle Type
9.1Passenger Cars
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Commercial Vehicle
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Sales Channel
10.1OEM
10.1.1 Market Trends
10.1.2 Market Forecast
10.2Aftermarket
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Region
11.1North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1Overview
12.2Strengths
12.3Weaknesses
12.4Opportunities
12.5Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1Overview
14.2Bargaining Power of Buyers
14.3Bargaining Power of Suppliers
14.4Degree of Competition
14.5Threat of New Entrants
14.6Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1Market Structure
16.2Key Players
16.3Profiles of Key Players
16.3.1BorgWarner Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2Continental AG (Schaeffler Group)
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3Denso Corporation
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4Diamond Electric Mfg. Co. Ltd.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5Federal-Mogul Corporation (Tenneco Inc.)
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6Hitachi Ltd.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7Mitsubishi Electric Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8NGK Spark Plug Co. Ltd.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.9Robert Bosch Gmbh
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10Valeo
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
Figure 1: Global: Automotive Ignition System Market: Major Drivers and Challenges
Figure 2: Global: Automotive Ignition System Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Automotive Ignition System Market: Breakup by Engine Type (in %), 2022
Figure 4: Global: Automotive Ignition System Market: Breakup by Ignition Type (in %), 2022
Figure 5: Global: Automotive Ignition System Market: Breakup by Component (in %), 2022
Figure 6: Global: Automotive Ignition System Market: Breakup by Vehicle Type (in %), 2022
Figure 7: Global: Automotive Ignition System Market: Breakup by Sales Channel (in %), 2022
Figure 8: Global: Automotive Ignition System Market: Breakup by Region (in %), 2022
Figure 9: Global: Automotive Ignition System Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 10: Global: Automotive Ignition System (Gasoline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Automotive Ignition System (Gasoline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Automotive Ignition System (Diesel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Automotive Ignition System (Diesel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Automotive Ignition System (Coil on Plug Ignition) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Automotive Ignition System (Coil on Plug Ignition) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Automotive Ignition System (Simultaneous Ignition) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Automotive Ignition System (Simultaneous Ignition) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Automotive Ignition System (Compression Ignition) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Automotive Ignition System (Compression Ignition) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Automotive Ignition System (Ignition Switch) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Automotive Ignition System (Ignition Switch) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Automotive Ignition System (Spark Plug) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Automotive Ignition System (Spark Plug) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Automotive Ignition System (Glow Plug) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Automotive Ignition System (Glow Plug) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Automotive Ignition System (Ignition Coil) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Automotive Ignition System (Ignition Coil) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Automotive Ignition System (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Automotive Ignition System (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Automotive Ignition System (Passenger Cars) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Automotive Ignition System (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Automotive Ignition System (Commercial Vehicle) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Automotive Ignition System (Commercial Vehicle) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Automotive Ignition System (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Automotive Ignition System (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Automotive Ignition System (OEM) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Automotive Ignition System (OEM) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Automotive Ignition System (Aftermarket) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Automotive Ignition System (Aftermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: North America: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: North America: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: United States: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: United States: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Canada: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Canada: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Asia Pacific: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Asia Pacific: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: China: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: China: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Japan: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Japan: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: India: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: India: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: South Korea: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: South Korea: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Australia: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Australia: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Indonesia: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Indonesia: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Europe: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Europe: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Germany: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Germany: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: France: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: France: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: United Kingdom: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: United Kingdom: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Italy: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Italy: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Spain: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Spain: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Russia: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Russia: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Latin America: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Latin America: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Brazil: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Brazil: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Mexico: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Mexico: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Middle East and Africa: Automotive Ignition System Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Middle East and Africa: Automotive Ignition System Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Automotive Ignition System Industry: SWOT Analysis
Figure 89: Global: Automotive Ignition System Industry: Value Chain Analysis
Figure 90: Global: Automotive Ignition System Industry: Porters Five Forces Analysis
Table 1: Global: Automotive Ignition System Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Automotive Ignition System Market Forecast: Breakup by Engine Type (in Million US$), 2023-2028
Table 3: Global: Automotive Ignition System Market Forecast: Breakup by Ignition Type (in Million US$), 2023-2028
Table 4: Global: Automotive Ignition System Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 5: Global: Automotive Ignition System Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 6: Global: Automotive Ignition System Market Forecast: Breakup by Sales Channel (in Million US$), 2023-2028
Table 7: Global: Automotive Ignition System Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Automotive Ignition System Market Structure
Table 9: Global: Automotive Ignition System Market: Key Players
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