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Spark Plugs Market 2018
Spark Plugs Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include
historic data, with forecast data to 2022. Spark Plugs Market report is helpful for future strategy
development, and to know about Market Drivers, Restraints, Opportunities, And Global market
size, share, Growth, Trends, key players forecast to 2022
Global Spark Plugs Market Information by Product type (Hot Spark Plug and Cold Spark
Plug), by Material Type (Copper Spark Plug, Platinum Spark Plug, Iridium Spark Plug, and
others), by Market (Original Equipment Market and Aftermarket), by Vehicle Type
(Passenger Vehicle And Commercial Vehicle), and by Region - Forecast to 2022
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Market Scenario:
Spark Plugs are the device to transfer the electric current from ignition system to
combustion chamber of a vehicle. Stringent regulations & norms by government regarding
emissions & fuel efficiency and growth of automotive industries are driving the market for
spark plugs. Advanced spark plugs improves cold starting and generates efficient
combustion which in turn increases the fuel efficiency and performance of the vehicles. Hot
spark plugs by product type contributes the largest share of the global spark plugs market.
Also, shift towards electric vehicles is restraining the growth of global market for spark
plug. The global Spark Plugs market is expected to show a growth at CAGR of about 5.5%
from 2016 to 2022.
Key Players:
The key players of Global Spark Plugs Market report include- NGK Spark Plug Co. Ltd,
Federal-Mogul Corporation , Borgwarner Inc., Denso Corporation, Robert Bosch Gmbh,
General Motors (Acdelco Corporation), Delphi Automotive, Valeo, Weichai Power Co. Ltd.,
and UCI-Fram Autobrands (Autolite).
Spark Plugs Market– Segmentation
The Spark Plugs Market can be segmented in to 2 key dynamics for the convenience of the
report and enhanced understanding;
Segmentation by Product type - Hot Spark Plug and Cold Spark Plug
Segmentation by Material Type - Copper Spark Plug, Platinum Spark Plug, Iridium Spark
Plug, and others
Segmentation by Market - Original Equipment Market and Aftermarket