Spark Plug Market size is projected to reach USD 7.6 billion by 2032, express a CAGR of 5% throughout the forecast period.
$7.6 Billion
Market Size
5%
CAGR
Asia pacific
Dominating Region
2023-2032
Forecast Period
Segmentation
By Product TypeSpark Plugs Glow Plug
By Market TypeOEAftermarket
By Vehicle TypePassenger CarLight Commercial Vehicles (LCV)Heavy Commercial Vehicles (HCV)
Key Players
Companies Profiled• NGK Spark Plug Co. Ltd (Japan)• Federal-Mogul Corporation (US)• Borgwarner Inc. (US)• Denso Corporation (Japan)• Robert Bosch Gmbh (Germany)• General Motors (US)• Delphi Automotive (Ireland)• Valeo (France)• Weichai Power Co. Ltd (China)• RAM GROUP IP LLC. (US)
Drivers
Market Driving Forces• The increase in the production of passenger cars• The increasing implementation of natural gas equipment• Increasing the demand of the spark plus and hence expected to drive
Client Testimonials
Jongwon Byun -HYOSUNG CHEMICAL CORP
I finalized reporting this market research result thanks to your support. I heard you already started working with Jongwon in my team. The packaging market is much more important than my project. Please support him as you always do.
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Akif Moroglu - Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
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Rob Kooiker - Rockwool
We have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Jason Lee - Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We’re planning other area of survey in the future, let’s keep in touch
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