The most recent research report on the Global Passenger Vehicle Ignition Coil Market Research 2022-2030 exclusively discusses upcoming trends as well as an in-depth analysis of the global regional landscape of the Passenger Vehicle Ignition Coil market. Furthermore, the global Passenger Vehicle Ignition Coil market report evaluates comprehensive details related to demand and supply rate, prominent contribution by leading industry manufacturers, Passenger Vehicle Ignition Coil market share, and Passenger Vehicle Ignition Coil industry growth rate.
In this study, extensive secondary research was conducted to gather information about the Global Passenger Vehicle Ignition Coil market. Furthermore, primary research has been conducted to support the stated assumptions and findings about individual businesses. The research report on the Passenger Vehicle Ignition Coil market report is said to be a basic insightful data about the topological landscape of the companies and respective businesses that have accumulated a highly regarded position in the global Passenger Vehicle Ignition Coil market.
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We have also provided brief information on its major manufacturers' revenue share, production, consumption volume, sales price, import & export, and gross margin. Furthermore, the Passenger Vehicle Ignition Coil market has been segmented according to upstream raw materials, definitions, downstream consumers, and equipment analysis. The global Passenger Vehicle Ignition Coil market report also includes data on upcoming trends, the competitive landscape, Passenger Vehicle Ignition Coil market influencing factors, and key statistics for a specific industry.
The global Passenger Vehicle Ignition Coil market report has been segmented by application, major manufacturers, product types, and topological zones in order to optimize various industrial strategies, advertising methods, and global and regional sales impacts on the Passenger Vehicle Ignition Coil market. The Passenger Vehicle Ignition Coil market report thoroughly examines several significant parameters such as Passenger Vehicle Ignition Coil market share, investments, revenue growth, globalize demand and supply factors. The research paper also compares the Passenger Vehicle Ignition Coil market's production value and growth rate across different geographies. Furthermore, it focuses on leading consumers, consumption, product capacity, market share, and expected growth opportunities.
Top Players involved in this report are:
Bosch
Denso
Delphi
BorgWarner
Federal-Mogul
Hitachi
Global Passenger Vehicle Ignition Coil Market segmentation by Types:
Single-spark
Multi-spark
The Application of the Passenger Vehicle Ignition Coil market can be divided as:
OEM
Aftermarket
Geographical outlook of this report:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
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The competitive assessment of the prominent industry players is also encompassed in the global Passenger Vehicle Ignition Coil market which is responsible to recognize direct or indirect competitors present in the industry. It offers company profiles of the Passenger Vehicle Ignition Coil industry players in accordance with product picture and its portfolios, Passenger Vehicle Ignition Coil market plans, and technology. We have also mentioned strength and weaknesses of the Passenger Vehicle Ignition Coil market alongside the competitive benefits which improves productivity and efficiency of the companies.
Research Report Insights delivers key insights on the global automotive ignition coil market in its latest report titled ‘Automotive Ignition Coil Market by 2026.’ The long-term outlook on the global automotive ignition coil market remains positive, with market value expected to increase at a CAGR of 4.5% during the forecast period (2016 – 2026). Among product types, the pencil ignition coil segment is expected to expand at a significant CAGR in terms of value over the forecast period. Global sales of automotive ignition coil is estimated to be valued at US$ 2,460.9 Mn by the end of 2016. APEJ is estimated to account for a value share of 41.0% in the global automotive ignition coil market by 2016 end and it is anticipated to retain its dominance throughout the forecast period. In this report, Research Report Insights throws lights on drivers and restraints likely to impact the market during the forecast period.
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Automotive ignition coil is an induction coil in a vehicle’s ignition system that converts the low voltage of battery into thousands of voltage required to produce an electric spark for igniting the mixture of air and gasoline. The automotive ignition coils are also known as spark coils. Ignition coil plays an important role in smooth and efficient operation of the engine. On the macroeconomic scale, the demand for automotive ignition coil is driven by the growth of per-capita income, urbanization and population. Also, rising automotive production and vehicle parc, stringent fuel efficiency and emission control norms are the key reasons driving the growth of global automotive ignition coil market. Automotive ignition coil market anticipated to register a value CAGR of 4.5% between 2016 and 2026.
However, the global ignition coil market is expected to face some challenges. Increasing demand for vehicles which do not require ignition coil is one of the major challenge identified in the market. This factor is expected to impact the sales of automotive ignition coils over the coming years. On the other hand, new product development and strategic partnerships with OEMs are the major reasons providing the significant growth opportunities over the forecast period
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Segmentation analysis
The automotive ignition coil market is segmented on the basis of product type into can-type ignition coil, electronic distributor coil, double spark coil, pencil ignition coil, ignition coil rail and others. Among product types, the pencil ignition coil segment is anticipated to continue to dominate the market in terms of value over the forecast period.
- Pencil ignition coils are the coils which can be directly mounted on the spark plug. There is no requirement of ignition cables for this type of coils. The electronic distributor coil segment is expected to represent a total incremental opportunity of US$ 143.1 Mn between 2016 and 2026
- Ignition coil rail segment is expected to represent an incremental opportunity of US$ 186.9 Mn between 2016 and 2026
Regional market projections
APEJ is the leading market for automotive ignition coils accounting for over 41.0% market share in terms of revenue in the global automotive ignition coil market by the end of 2016. China is expected to hold dominant revenue share in the APEJ automotive ignition coil market over the forecast period. The APEJ automotive ignition coil market is projected to hold significant market share in terms of value in the global automotive ignition coil market over the forecast period, exhibiting a CAGR of 5.8% over the forecast period. Sales of automotive ignition coil in the APEJ market is expected to increase to 66,064 ‘000 Units by 2026 end from 41,951 ‘000 Units in 2016.
Vendor insights
The report highlights some of the key companies operating in the global automotive ignition coil market such as, Denso Corporation, Federal-Mogul Corporation, NGK Spark Plug Co., Ltd., BorgWarner Ludwigsburg GmbH, Valeo SA, Robert Bosch GmbH, Delphi Automotive PLC, Hitachi Automotive Systems Americas, Inc., Mitsubishi Electric Corporation, Standard Motor Products, Marshall Electric Corp, and AcDelco
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Well, it looks like the Delphi Corporation has come up with a solution so vehicle makers and manufacturers could actually lower the cost of assembling a vehicle's instrument panel center stack.
Of course, if you do think about it, it would seem like the solution would be only for those vehicle and auto makers.
However, if you further look into the situation, that is only when you would be able to realize that in the end, customers and consumers would also be benefiting greatly from this for they could more or less purchase vehicles that come with an even lower cost.
What Delphi did was to create a simplified assembly of an instrument panel center stack.
And they also made sure that this one would be only made and constructed in just one piece which would allow vehicle makers to cut down on their costs.
If you would like to take a good look at how this one could be done, you may want to head out to the Cobo Center's Wayne Hall during the 2006 Convergence show which will be held in Detroit.
