Acquire Market Research has announced a new report titled “Global Ignition Coil Market Growth 2019-2024” to their offerings
Ignition coil is a device to convert the low battery voltage to the high voltage required to discharge electric sparks at ignition plug. Ignition coils represent the so-called "power plant" of the ignition process in the petrol engine. As part of the ignition system, they are charged with the task of providing the spark plug with the high voltage required to generate an ignition spark between the center and earth electrode of the spark plug and ignite the air-fuel mixture.
Due to the policy promotion and fast developing automotive market, automotive ignition coil market is growing higher. Demand from the downstream brings a power to the development of automotive ignition coil industry. In recent years, growing China market became an important market of automotive ignition coil. Many foreign manufacturers enter into China by investment and joint venture. At present, Major companies in the market are Bosch, Denso, Delphi, BorgWarner and Federal Mogul.
To grab more market, the domestic companies have to expand the technology, capital investment and brand influence. To meet the challenge of the domestic companies and keep their leading stage, foreign companies need to increase the technology innovation and speed up the product upgrading. In the future, China will be a market of fierce competition.
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According to this study, over the next five years the Ignition Coil market will register a 1.2% CAGR in terms of revenue, the global market size will reach US$ 3920 million by 2024, from US$ 3660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ignition Coil business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Ignition Coil market by product type, application, key manufacturers and key regions and countries.
This study considers the Ignition Coil value and volume generated from the sales of the following segments:
Segmentation by product type:
Single-spark
Multi-spark
Segmentation by application:
OEM
Aftermarket
This report also splits the market by region:
Americas
APAC
Europe
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
Denso, Delphi, BorgWarner, Federal-Mogul, Hitachi, NGK, Yura, Mitsubishi, SparkTronic, SOGREAT, Zunyi Changzheng, Jiaercheng, Anhui KING-AUTO.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Research objectives
To study and analyze the global Ignition Coil consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ignition Coil market by identifying its various subsegments.
Focuses on the key global Ignition Coil manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ignition Coil with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ignition Coil submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table Of Content:
1 Scope of the Report
2 Executive Summary
3 Global Ignition Coil by Players
4 Ignition Coil by Regions
5 Americas
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