Automotive Ignition Coil Market Size, Industry Trends, Share and Forecast 2022-2028
The global automotive ignition coil market is anticipated to grow significantly at a CAGR of 4.1% over the forecast period (2021-2028). The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2020, DENSO Products and Services Americas, Inc., expanded its line of aftermarket ignition coils.
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DENSO offers four new coil-on-plug (COP) part numbers that
extend its coverage to 2012-2018 Honda and Acura models. in November 2019,
Standard Motor Products Europe(SMPE) marketed a range of multi-charge ignition
coils introduced on GDI(gasoline direct engines). Multi charge ignition coils
are designed to fire multiple times per cycle. The construction of a
multi-charge ignition coil is also different as it has a single primary winding
layer, allowing it to collapse easier due to its lower resistance.
In addition, in November 2021, Robert Bosch LLC added 495
automotive aftermarket parts to its portfolio, covering more than 30 million
vehicles across North America. The new products cover domestic, European, and
Asian passenger and commercial vehicles, including 48 braking pars, 385 relays,
fuses and switches, and ignition coil. The ignition coil is
equipped with corrosion-resistant connections to provide an extensive services
life, and aids in superior cold-start performance and enhanced temperature and
vibration resistance.
Market Coverage
• The
market number available for – 2021-2028
• Base
year- 2021
• Forecast
period- 2021-2028
• Segment
Covered- by type, by vehicle type, by distribution channel
• Regions
Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive
Landscape- Borg Warner Inc., Dense Products and Services Americas Inc.,
HELLA GmbH & Co. KGaA, Hitachi Automotive Systems Americas Inc., Robert
Bosch GmbH, Tenneco, Marshall Electric Corp., NGK Spark Plugs USA Inc., and
others.
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Global Automotive Ignition Coil Market– Segmentation
By Type
·
Conventional
·
Electronic
·
Distributor-less(DIS)
·
Coil-on-plug(COP)
By Distribution Channel
·
OEM
·
Aftermarket
Global Automotive Ignition Coil Market by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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