Automotive Ignition System Market Highlights:
The well-known players in the automotive ignition systems market include Delphi Automotive, Robert Bosch, DENSO, Borgwarner, Federal-Mogul Corporation, Mitsubishi Electric Corporation, Continental AG, Hitachi Automotive Systems, Diamond Electric and among others.
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Automotive Ignition System Market Drivers and Restraints:
The automotive ignition system has a crucial role in generating sparks or heat in automotive vehicles and petrol engine vehicles. While in petrol engine vehicles such as passenger car, motorcycles, LCV, HCV and others, these systems are widely used having the primary purpose of the ignition system to generate high voltage. Thus, to create high power from fuel or air mixture, the spark is fired during the compression stroke. Therefore, owing to these factors, the demand for ignition system is mainly increasing in automotive applications. Also, by these factors, the global market for automotive ignition system has seen a potential growth over the last few years. Other factors behind the market growth include increasing demand for vehicles across the globe and people’s changing preferences in buying cars.
Over the years, the market analysts have analyzed that the automotive industry has developed several technological advancements in concern with the norm to lower fuel emission and consumption per vehicle. Moreover, some strict government regulations over fuel consumption and emission have also boosted the demand for ignition system across the globe. Also, the escalating focus towards advanced R&D activities and have created ample scope for ignition systems among the manufacturers.
Furthermore, other factors such as intensifying demand for petrol engine vehicles, increasing income level, and burgeoning automotive market have boosted the demand for ignition system globally, thus taking up the automotive ignition market in the years to come. On the flip side, the mounting demand for the electric vehicle may hinder the growth of ignition system market.
Global Automotive Ignition System Market Segments Analysis:
According to the study by MRFF’s analysts, the global automotive ignition systems market has been segmented into types, components, and regions.
Segmentation by type, the market consists of conventional, electronic and distributor-less, whereas, the components, which is further segmented into ignition coil, ignition switch, condenser, spark plug, ignition resistor and other. Wherein, conventional and electronics are the most widely used ignition system across the globe.
The components segment has been segmented as ignition coil, ignition switch, condenser, spark plug, and ignition resistor and other.
Global Automotive Ignition System Market Regional Analysis:
The critical regions that are covered under geographical segmentation of the global automotive ignition systems market are Asia-Pacific, North America, and Europe.
Among them, Asia-Pacific is known to be one of the leading revenue generators of automotive ignition systems followed by North America and Europe. In the Asia-Pacific region, countries such as China, Japan, and India are considered as the significant market for investments which owes to the rising demand for vehicles and growing economies. Next comes, Europe, which is having a hub of a primary established market for the ignition system and is estimated to witness a constant growth for the ignition system market. The growth is estimated contributed from the automotive sector as the production levels in Germany, the U.K. and France are expected to increase. Also, Europe is an abode to suppliers
North American region have U.S., Canada, and Mexico as these are experiencing reinforcement in the automotive industry. The growth in these markets has increased demand for ignition Systems as it is a primary component of every automotive application.
North America has vital players in the automotive ignition systems market which are named as Delphi Automotive, Robert Bosch, DENSO, Borgwarner, Federal-Mogul Corporation, Mitsubishi Electric Corporation, Continental AG, Hitachi Automotive Systems, Diamond Electric and among others.
Report Overview:
The report for Automotive Ignition System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued…
List Of Tables:
TABLE 1 GLOBAL AUTOMOTIVE IGNITION SYSTEM MARKET, BY TYPE
TABLE 2 GLOBAL AUTOMOTIVE IGNITION SYSTEM MARKET, BY COMPONENTS
TABLE 3 GLOBAL AUTOMOTIVE IGNITION SYSTEM MARKET, BY REGIONS
TABLE 4 NORTH AMERICA AUTOMOTIVE IGNITION SYSTEM MARKET, BY TYPE
TABLE 5 NORTH AMERICA AUTOMOTIVE IGNITION SYSTEM MARKET, BY COMPONENTS
TABLE 6 U.S. AUTOMOTIVE IGNITION SYSTEM MARKET, BY TYPE
TABLE 7 U.S. AUTOMOTIVE IGNITION SYSTEM MARKET, BY COMPONENTS
TABLE 8 CANADA AUTOMOTIVE IGNITION SYSTEM MARKET, BY TYPE
Continued…
LIST OF FIGURES:
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 GLOBAL AUTOMOTIVE IGNITION SYSTEM MARKET: BY TYPE (%)
FIGURE 3 GLOBAL AUTOMOTIVE IGNITION SYSTEM MARKET: BY COMPONENTS (%)
FIGURE 4 GLOBAL AUTOMOTIVE IGNITION SYSTEM MARKET: BY REGION
FIGURE 5 NORTH AMERICA AUTOMOTIVE IGNITION SYSTEM MARKET, BY TYPE (%)
FIGURE 6 NORTH AMERICA AUTOMOTIVE IGNITION SYSTEM MARKET, BY COMPONENTS (%)
Continued…
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