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Spark Plug Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)

Published By :

Future Market Insights

Published Date : Feb 2018

Category :

Transport & Logistics

No. of Pages : 274 Pages

Hot spark plug to grow at a high rate and stay the leading product type in the global spark plug market

The new research report on global spark plug market is an analysis of the overall development of the global market during the forecast period. The market is bifurcated into various segments based on different parameters. It includes two types of spark plugs, i.e. hot spark plugs and cold spark plugs. The rate of heat transfer in a hot spark plug is very slower, which helps in keeping the firing tip hotter for longer duration. In case of cold spark plugs the rate of heat transfer from firing tip in to the engine head is very rapid, which keeps the firing tip cooler. According to the analysis of global spark plug market, hot plugs is expected to be the leading segment with a great margin. It is expected to reach a market value of over US$ 3,600 Mn by the end of 2027, growing at a value CAGR of 4.9%. Whereas, cold spark segment lags behind in terms of market value which is expected to reach over US$ 900 Mn by the end of 2027, but the segment is expected to compete well, witnessing a high growth rate of 4.3% during the forecast period of 2017-2027.

Fuel efficiency and emission norms to have both positive and negative impact on the spark plug market

With the increase in automotive production, there has also been an increase in the fuel efficiency and emission norms. Introduction of such norms will have a direct impact on the demand for spark plugs, as spark plug ensures smooth ignition and engine operation by complete combustion of fuel, which ensures low emissions from the engine. Similarly, glow plugs reduce exhaust gas emissions and improves performance of diesel engines. The stringent emission and fuel norms are also expected to increase adoption of advanced automotive spark plugs by automakers in the near future for compliance with stringent emission norms worldwide. However, emission and fuel efficiency norms can have a negative impact on the sales of spark plugs as well. Stringent emission norms are forcing OEMs to produce new two wheelers that comply with the new norms. This is increasing the prices of conventional motorcycles and scooters. Stringent two wheeler tailpipe emission rules are shifting focus towards the manufacturing of electric bikes, which in turn hampers the growth of the conventional motorcycles and scooters market. According to the Japan Automobile Manufacture Association (JAMA), household demand for scooters and motorcycles is expected to drop by 1.6% in the financial year 2017.

A new trend of growing long-term contracts with OEMs to fuel market growth

There is also an increase in the demand for OEM products. Automotive component markets in countries such as China, India, Indonesia, Brazil, and Mexico are projected to benefit significantly from demand for aftermarket and OEM products. With the increase in demand for spark plugs, manufacturers are getting into long term contracts with OEMs. The contracts assists them in maintaining a continuous flow in their business. Such contracts have various benefits associated with it, such as reducing production costs, increasing profit margins, shielding the component manufacturers from price fluctuations in raw materials etc.

Table Of Content

1. Executive Summary

1.1. Market Overview
1.2. Market Dynamics
1.3. Market Analysis
1.4. FMI Analysis and Recommendations
1.5. Wheel of Fortune

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition

3. Global Spark Plug Market Analysis Scenario
3.1. Introduction
3.1.1. Market Volume Projections
3.1.2. Market Size and Y-o-Y Growth
3.1.3. Absolute $ Opportunity
3.2. Import Export Scenario
3.3. Value Chain
3.4. Pricing Analysis, 2016
3.5. Macro-Economic Factors
3.6. Market Dynamics
3.6.1. Drivers
3.6.2. Restraints
3.6.3. Trends
3.6.4. Opportunities
3.7. Forecast Factors: Relevance and Impact
3.8. Porters Five Forces Analysis
3.9. Patent Filings
3.10. Who Supplies Whom

4. Global Spark Plug Market Analysis 20122016 and Forecast 20172027, By Material Type
4.1. Introduction / Key Findings
4.2. Historical Market Size (US$ Mn) and Volume (000 Units) Trend Analysis By Material Type, 20122016
4.3. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Material Type, 20172027
4.3.1. Iridium
4.3.2. Platinum
4.3.3. Nickel
4.3.4. Others
4.4. Market Attractiveness Analysis By Material Type

5. Global Spark Plug Market Analysis 20122016 and Forecast 20172027, By End Use
5.1. Introduction / Key Findings
5.2. Historical Market Size (US$ Mn) and Volume (000 Units) Trend Analysis By End Use, 20122016
5.3. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By End Use, 20172027
5.3.1. Automotive
5.3.1.1. Two Wheelers
5.3.1.2. Passenger Cars
5.3.1.3. LCV
5.3.1.4. HCV
5.3.2. Marine
5.3.3. Aerospace
5.3.4. Industrial
5.4. Market Attractiveness Analysis By End Use

6. Global Spark Plug Market Analysis 20122016 and Forecast 20172027, By Product Type
6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Mn) and Volume (000 Units) Trend Analysis By Product Type, 20122016
6.3. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Product Type, 20172027
6.3.1. Hot Spark Plug
6.3.2. Cold Spark Plug
6.4. Market Attractiveness Analysis By Product Type

7. Global Spark Plug Market Analysis 20122016 and Forecast 20172027, By Sales Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume (000 Units) Trend Analysis By Sales Channel, 20122016
7.3. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Sales Channel, 20172027
7.3.1. OEM
7.3.2. Aftermarket
7.4. Market Attractiveness Analysis By Sales Channel

8. Global Spark Plug Market Analysis 20122016 and Forecast 20172027 By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume (000 Units) Analysis By Region, 2012 2016
8.3. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Region, 2017 - 2027
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South East Asia & Pacific
8.3.6. China
8.3.7. India
8.3.8. Japan
8.3.9. Middle East & Africa (MEA)
8.4. Market Attractiveness Analysis By Region

9. North America Spark Plug Market Analysis 20122016 and Forecast 20172027
9.1. Introduction
9.2. Historical Market Size (US$ Mn) and Volume (000 Units) Trend Analysis By Country, 2012-2016
9.2.1. By Country
9.2.2. By Material Type
9.2.3. By End Use
9.2.4. By Product Type
9.2.5. By Sales Channel
9.3. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Country, 2017-2027
9.3.1. U.S.
9.3.2. Canada
9.4. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Material Type, 20172027
9.4.1. Iridium
9.4.2. Platinum
9.4.3. Nickel
9.4.4. Others
9.5. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By End Use, 20172027
9.5.1. Automotive
9.5.1.1. Two Wheelers
9.5.1.2. Passenger Cars
9.5.1.3. LCV
9.5.1.4. HCV
9.5.2. Marine
9.5.3. Aerospace
9.5.4. Industrial
9.6. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Product Type, 20172027
9.6.1. Hot Spark Plug
9.6.2. Cold Spark Plug
9.7. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Sales Channel, 20172027
9.7.1. OEM
9.7.2. Aftermarket
9.8. Drivers and Restraints: Impact Analysis
9.9. Market Attractiveness Analysis
9.9.1. By Country
9.9.2. By Material Type
9.9.3. By End Use
9.9.4. By Product Type
9.9.5. By Sales Channel
9.10. Market Presence

10. Latin America Spark Plug Market Analysis 20122016 and Forecast 20172027
10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume (000 Units) Trend Analysis By Country, 2012-2016
10.2.1. By Country
10.2.2. By Material Type
10.2.3. By End Use
10.2.4. By Product Type
10.2.5. By Sales Channel
10.3. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Country, 2017-2027
10.3.1. Mexico
10.3.2. Brazil
10.3.3. Rest of Latin America
10.4. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Material Type, 20172027
10.4.1. Iridium
10.4.2. Platinum
10.4.3. Nickel
10.4.4. Others
10.5. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By End Use, 20172027
10.5.1. Automotive
10.5.1.1. Two Wheelers
10.5.1.2. Passenger Cars
10.5.1.3. LCV
10.5.1.4. HCV
10.5.2. Marine
10.5.3. Aerospace
10.5.4. Industrial
10.6. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Product Type, 20172027
10.6.1. Hot Spark Plug
10.6.2. Cold Spark Plug
10.7. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Sales Channel, 20172027
10.7.1. OEM
10.7.2. Aftermarket
10.8. Drivers and Restraints: Impact Analysis
10.9. Market Attractiveness Analysis
10.9.1. By Country
10.9.2. By Material Type
10.9.3. By End Use
10.9.4. By Product Type
10.9.5. By Sales Channel
10.10. Market Presence

11. Western Europe Spark Plug Market Analysis 20122016 and Forecast 20172027
11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume (000 Units) Trend Analysis By Country, 2012-2016
11.2.1. By Country
11.2.2. By Material Type
11.2.3. By End Use
11.2.4. By Product Type
11.2.5. By Sales Channel
11.3. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Country, 2017-2027
11.3.1. Germany
11.3.2. Italy
11.3.3. France
11.3.4. U.K.
11.3.5. Spain
11.3.6. BENELUX
11.3.7. Rest of Western Europe
11.4. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Material Type, 20172027
11.4.1. Iridium
11.4.2. Platinum
11.4.3. Nickel
11.4.4. Others
11.5. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By End Use, 20172027
11.5.1. Automotive
11.5.1.1. Two Wheelers
11.5.1.2. Passenger Cars
11.5.1.3. LCV
11.5.1.4. HCV
11.5.2. Marine
11.5.3. Aerospace
11.5.4. Industrial
11.6. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Product Type, 20172027
11.6.1. Hot Spark Plug
11.6.2. Cold Spark Plug
11.7. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Sales Channel, 20172027
11.7.1. OEM
11.7.2. Aftermarket
11.8. Drivers and Restraints: Impact Analysis
11.9. Market Attractiveness Analysis
11.9.1. By Country
11.9.2. By Material Type
11.9.3. By End Use
11.9.4. By Product Type
11.9.5. By Sales Channel
11.10. Market Presence

12. Eastern Europe Spark Plug Market Analysis 20122016 and Forecast 20172027
12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume (000 Units) Trend Analysis By Country, 2012-2016
12.2.1. By Country
12.2.2. By Material Type
12.2.3. By End Use
12.2.4. By Product Type
12.2.5. By Sales Channel
12.3. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Country, 2017-2027
12.3.1. Russia
12.3.2. Poland
12.3.3. Rest of Eastern Europe
12.4. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Material Type, 20172027
12.4.1. Iridium
12.4.2. Platinum
12.4.3. Nickel
12.4.4. Others
12.5. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By End Use, 20172027
12.5.1. Automotive
12.5.1.1. Two Wheelers
12.5.1.2. Passenger Cars
12.5.1.3. LCV
12.5.1.4. HCV
12.5.2. Marine
12.5.3. Aerospace
12.5.4. Industrial
12.6. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Product Type, 20172027
12.6.1. Hot Spark Plug
12.6.2. Cold Spark Plug
12.7. Current Market Size (US$ Mn) and Volume (000 Units) Forecast By Sales Channel, 20172027
12.7.1. OEM
12.7.2. Aftermarket
12.8. Drivers and Restraints: Impact Analysis
12.9. Market Attractiveness Analysis
12.9.1. By Country
12.9.2. By Material Type
12.9.3. By End Use
12.9.4. By Product Type
12.9.5. By Sales Channel
12.10. Market Presence

13. South East Asia & Pacific Spark Plug Market Analysis 20122016 and Forecast 20172027
13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume (000 Units) Trend Analysis By Country, 2012-2016
13.2.1. By Country

 

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