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According to Stratistics MRC, the global Automotive Ignition Coil Market is accounted for $2.35 billion in 2016 and expected to grow at a CAGR of 5.2% to reach $3.19 billion by 2022. Factors such as rising automotive production, per capita income growth, stringent fuel efficiency and emission norms and demand for advanced ignition coils are driving the market growth. However, increasing air pollution, adoption of electric cars and ongoing research and development in powering cars with solar energy are the constraints faced by the market. New product development and decisive partnerships with OEMs will provide remunerative growth prospects for automotive ignition coil.
Passenger cars segment is anticipated to show attractive growth due to increasing demand for compact cars. The pencil ignition coil product segment accounted for the highest CAGR during the forecast period owing to Engine downsizing which requires efficient components for engine’s assembly. Asia Pacific is the largest market followed by Europe in terms of revenue due to increase in purchasing power in nations such as China, Germany and India.
Some of the key players in 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 and Woodward, Inc
Products Covered:
• Electronic Distributor Coil
• Can-type Ignition Coil
• Double Spark Coil
• Ignition Coil Rail
• Pencil Ignition Coil
• Other Products
Vehicle Types Covered:
• Passenger Cars
• Light Commercial Vehicle
• Heavy Commercial Vehicle (HCV)
Distribution Channels Covered:
• Physical Examination Aftermarket
• Original Equipment Manufacturer (OEM)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Passenger cars segment is anticipated to show attractive growth due to increasing demand for compact cars. The pencil ignition coil product segment accounted for the highest CAGR during the forecast period owing to Engine downsizing which requires efficient components for engine’s assembly. Asia Pacific is the largest market followed by Europe in terms of revenue due to increase in purchasing power in nations such as China, Germany and India.
Some of the key players in 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 and Woodward, Inc
Products Covered:
• Electronic Distributor Coil
• Can-type Ignition Coil
• Double Spark Coil
• Ignition Coil Rail
• Pencil Ignition Coil
• Other Products
Vehicle Types Covered:
• Passenger Cars
• Light Commercial Vehicle
• Heavy Commercial Vehicle (HCV)
Distribution Channels Covered:
• Physical Examination Aftermarket
• Original Equipment Manufacturer (OEM)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
