Automotive spark plug market is anticipated to grow at a CAGR of 4.3% during the forecast period (2023-2030). A spark plug is an important element in an internal combustion (IC) engine, which ignites the fuel and air mixture by providing a spark. Globally, growing production in commercial and passenger vehicle production is a key driver for the growth of the automotive spark plug market. However, the increasing adoption of electric vehicles and technical issues in spark plug systems may hinder the overall growth of the market.
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The global automotive spark plug market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among regions, the demand for automotive spark plugs is expected to grow in the European region owing to factors such as growing automotive production in the region and the implementation of stringent environmental regulations.
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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Market Segmentation
Global Automotive Spark Plug Market by Product Type
Hot Spark Plug
Cold Spark Plug
Metal Glow Plug
Ceramic Glow Plug
Global Automotive Spark Plug Market by Vehicle Type
Passenger Cars
Commercial Vehicles
Global Automotive Spark Plug Market by Sales Channel
Original Equipment Manufacturers (OEM)
Aftermarket
Company Profiles
Brisk
DRiV Automotive Inc.
E3 Spark Plugs
Federal-Mogul Corporation
First Brands Group LLC.
General Motors---
HKS Co., Ltd.
Karlyn/STI
Magneti Marelli
verycraft (a subsidiary of Ford Motor Company)
NGK Spark Plug Co. Ltd
Niterra Co., Ltd.
Pulstar,LLC.
Robert Bosch GmbH
Tenneco Inc.
Valeo SA
The Report Covers
Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the automotive spark plug market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.
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