Publish Date : Jan 2017 No of Pages:190
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Spark Plug Market
Global Opportunity Analysis and Industry Forecast, 2014-2022
Spark Plug Market Report, published by Allied Market Research, projects that the global spark plug market is estimated to reach $2,904 million by 2022, registering a CAGR of 4.2% during the period 2014-2022. Automobile segment is expected to maintain its dominant position throughout the forecast period. Asia-Pacific accounted for the highest share of 46% in 2015, and is anticipated to maintain its dominance throughout the forecast period.
Spark plug is an engine component, located at the top of cylinder, which delivers electric current during the combustion process to produce spark. Increase in production of gasoline and natural gas-based vehicle mostly two-wheeler and passenger cars drive the market growth. However, technical advancements to downsize automotive engines and growth in penetration of electric vehicle & electrically powered working equipment, such as mowers and saws, hinder the growth of the spark plug market.
Irrespective of these challenges, increase in demand for natural gas-based vehicle and technological advancements, such as new electrode material, are expected to create numerous opportunity for the market players, thus fueling the market growth.
Request Sample: https://www.alliedmarketresearch.com/request-free-sample/1873Spark Plug Market- Introduction
Spark Plug Market Segmentation
Spark Plug Market Dynamics
Automobile Segment Lead the Spark Plug Market
Asia-Pacific: Most Lucrative Market for Spark Plug
Spark Plug Market - Key BenefitsThe report includes an extensive analysis of the factors that drive as well as restrain the global spark plug market.The market projections from 2014 to 2022 are included along with the affecting factors.The report also provides quantitative as well as qualitative trends to assist the stakeholders understand the situations prevailing in the market.An in-depth analysis of key segments demonstrates stakeholders with different types of electrode material and application of spark plug.Competitive intelligence highlights the business practices followed by leading market players across various geographies.
Spark Plug Market - Table of Contents
GLOBAL SPARK PLUG MARKET, BY ELECTRODE MATERIAL
GLOBAL SPARK PLUG MARKET, BY APPLICATION
GLOBAL SPARK PLUG MARKET, BY GEOGRAPHY
RELATED INDUSTRY INSIGHTS
8. COMPANY PROFILES
Spark Plug Market - By Electrode Material
Spark Plug Market By Application
Spark Plug Market - Segments By Geography
North America, Europe, Asia Pacific, LAMEA
Company ProfilesNgk Spark Plug Co., Ltd.Federal-Mogul CorporationDenso CorporationRobert Bosch GMBHAutoliteAutoliteEnerpulse TechnologieStitt Spark PlugAcdelcoE3 SparkplugsZhuzhou Torch Spark Plug
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