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Automotive Ignition Coil Market

Publisher Fortune Business Insights Pvt. Ltd.
Published Sep 01, 2024
Length 150 Pages
SKU # FOB19185680

Description

Automotive Ignition Coil Market



Growth Factors of Automotive Ignition Coil Market

The global automotive ignition coil market size was valued at USD 11.12 billion in 2023 and is projected to grow from USD 11.42 billion in 2024 to USD 15.76 billion by 2032, exhibiting a CAGR of 4.1% during the forecast period of 2024-2032.

The pandemic disrupted the Automotive Ignition Coil Market through delivery chain troubles and decreased vehicle manufacturing. Still, recovery is underway as manufacturing resumes and the call for electric motors rises, impeding the automotive ignition coil market growth.

Key drivers for the Automotive Ignition Coil Market are the growing demand for high-performance and gas-efficient vehicles, advancements in ignition generation, and growing automobile manufacturing globally. Additionally, the rise in electric-powered and hybrid automobiles is boosting the marketplace as new ignition solutions are developed.

Electronic ignition systems have become popular in modern automobiles due to their superior performance compared to conventional mechanical structures. These systems provide superior functions such as knock sensors that locate unusual combustion, automated timing adjustments that optimise engine overall performance, and incorporated ignition modules that streamline the ignition procedure, expanding the global automotive ignition coil market share. This mixture of capabilities affects progressed fuel economy, decreased emissions, and superior average engine performance.

Comprehensive Analysis of Automotive Ignition Coil Market

The Automotive Ignition Coil Market is segmented based on kind, car kind, and income channel. By kind, the marketplace is dominated by coil-on-plug structures because of their efficiency and decreased voltage loss. Distributor-based totally and distributor-less systems, at the same time as critical, have a slower boom due to their barriers and higher upkeep desires. The ""others"" class, consisting of numerous ignition coil designs, is anticipated to develop progressively. In phrases of automobile type, passenger motors keep the most significant market share, pushed by excessive income and production. In contrast, the economical automobile section faces a decline because of the rise of electrical commercial motors. For income channels, the aftermarket phase leads to growing restoration and replacement desires driven by customer demand and technological advancements.

The Asia Pacific region led the medical devices market by benefitting a size of USD 4.70 billion in 2023 due to the large populations in international locations such as China and India, which collectively account for more than 38% of the global populace.

The leading players in the automotive ignition coil market play a crucial role in shaping its growth and setting industry standards. Key players such as BorgWarner Inc. (Michigan, U.S.), Diamond Electric Mfg. Corp (Osaka, Japan), Denso Corporation (Kariya, Japan), Federal-Mogul (Michigan, U.S.), HELLA KGAA HUECK & CO. (Lippstadt, Germany), Hitachi Automotive Systems, Ltd. (Kentucky, U.S.), Mitsubishi Electric Corporation (Tokyo, Japan), NGK Spark Plugs (Aichi, Japan), Robert Bosch GmbH (Gerlingen, Germany), and Valeo (Paris, France) contribute to a competitive landscape, driving innovation and market advancement.

In December 2023, AISIN established its determination to supply price-powerful vehicle elements with the release of remarkable merchandise: the Ignition Coil and the Fan Motor.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 4.1% (2024-2032)

Unit Value (USD Billion)

Segmentation By Type

- Coil-on-plug

- Distributor based

- Distributor less

- Others

By Vehicle Type

- Passenger Cars

- Commercial Vehicles

By Sales Channel

- OEM

- Aftermarket

By Geography

- North America (By Type, By Vehicle Type, By Sales Channel)
  • U.S. (By Vehicle Type)
  • Canada (By Vehicle Type)
  • Mexico (By Vehicle Type)
- Europe (By Type, By Vehicle Type, By Sales Channel)
  • U.K. (By Vehicle Type)
  • Germany (By Vehicle Type)
  • France (By Vehicle Type)
  • Rest of Europe (By Vehicle Type)
- Asia Pacific (By Type, By Vehicle Type, By Sales Channel)
  • China (By Vehicle Type)
  • Japan (By Vehicle Type)
  • India (Vehicle Type)
  • Rest of Asia Pacific (By Vehicle Type)
- Rest of the World (By Type, By Vehicle Type, By Sales Channel)


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Table of Contents

150 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Industry Developments - Merger, Acquisitions, and Partnerships
4.2. Porter’s Five Forces Analysis
4.3. PEST Analysis
4.4. Technological Developments
4.5. Impact of COVID-19
5. Global Automotive Ignition Coil Market Analysis, Insights and Forecast, 2019-2032
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Vehicle Type
5.2.1. Passenger Car
5.2.2. Commercial Vehicle
5.3. Market Analysis, Insights and Forecast – By Type
5.3.1. Coil-on-plug
5.3.2. Distributor based
5.3.3. Distributor less
5.3.4. Others
5.4. Market Analysis, Insights and Forecast – By Sales Channel
5.4.1. OEM
5.4.2. Aftermarket
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Rest of the World
6. North America Automotive Ignition Coil Market Analysis, Insights and Forecast, 2019-2032
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Vehicle Type
6.2.1. Passenger Car
6.2.2. Commercial Vehicle
6.3. Market Analysis, Insights and Forecast – By Type
6.3.1. Coil-on-plug
6.3.2. Distributor based
6.3.3. Distributor less
6.3.4. Others
6.4. Market Analysis, Insights and Forecast – By Sales Channel
6.4.1. OEM
6.4.2. Aftermarket
6.5. Market Analysis – By Country
6.5.1. U.S.
6.5.1.1. By Vehicle Type
6.5.2. Canada
6.5.2.1. By Vehicle Type
6.5.3. Mexico
6.5.3.1. By Vehicle Type
7. Europe Automotive Ignition Coil Market Analysis, Insights and Forecast, 2019-2032
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Vehicle Type
7.2.1. Passenger Car
7.2.2. Commercial Vehicle
7.3. Market Analysis, Insights and Forecast – By Type
7.3.1. Coil-on-plug
7.3.2. Distributor based
7.3.3. Distributor less
7.3.4. Others
7.4. Market Analysis, Insights and Forecast – By Sales Channel
7.4.1. OEM
7.4.2. Aftermarket
7.5. Market Analysis – By Country
7.5.1. U.K.
7.5.1.1. By Vehicle Type
7.5.2. Germany
7.5.2.1. By Vehicle Type
7.5.3. France
7.5.3.1. By Vehicle Type
7.5.4. Rest of Europe
7.5.4.1. By Vehicle Type
8. Asia Pacific Automotive Ignition Coil Market Analysis, Insights and Forecast, 2019-2032
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Vehicle Type
8.2.1. Passenger Car
8.2.2. Commercial Vehicle
8.3. Market Analysis, Insights and Forecast – By Type
8.3.1. Coil-on-plug
8.3.2. Distributor based
8.3.3. Distributor less
8.3.4. Others
8.4. Market Analysis, Insights and Forecast – By Sales Channel
8.4.1. OEM
8.4.2. Aftermarket
8.5. Market Analysis – By Country
8.5.1. China
8.5.1.1. By Vehicle Type
8.5.2. Japan
8.5.2.1. By Vehicle Type
8.5.3. India
8.5.3.1. By Vehicle Type
8.5.4. Rest of Asia Pacific
8.5.4.1. By Vehicle Type
9. Rest of the World Automotive Ignition Coil Market Analysis, Insights and Forecast, 2019-2032
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Vehicle Type
9.2.1. Passenger Car
9.2.2. Commercial Vehicle
9.3. Market Analysis, Insights and Forecast – By Type
9.3.1. Coil-on-plug
9.3.2. Distributor based
9.3.3. Distributor less
9.3.4. Others
9.4. Market Analysis, Insights and Forecast – By Sales Channel
9.4.1. OEM
9.4.2. Aftermarket
10. Competitive Analysis
10.1. Key Industry Developments
10.2. Global Market Ranking Analysis (2023)
10.3. Competition Dashboard
10.4. Comparative Analysis – Major Players
10.5. Company Profiles
10.5.1. BORGWARNER INC (MICHIGAN, U.S)
10.5.1.1. Overview
10.5.1.2. Products & services
10.5.1.3. SWOT Analysis
10.5.1.4. Recent Developments
10.5.1.5. Strategies
10.5.1.6. Financials (Based on Availability)
10.5.2. DIAMOND ELECTRIC MFG. CORP (OSAKA, JAPAN)
10.5.2.1. Overview
10.5.2.2. Products & services
10.5.2.3. SWOT Analysis
10.5.2.4. Recent Developments
10.5.2.5. Strategies
10.5.2.6. Financials (Based on Availability)
10.5.3. DENSO CORPORATION (KARIYA, JAPAN)
10.5.3.1. Overview
10.5.3.2. Products & services
10.5.3.3. SWOT Analysis
10.5.3.4. Recent Developments
10.5.3.5. Strategies
10.5.3.6. Financials (Based on Availability)
10.5.4. FEDERAL-MOGUL (MICHIGAN, U.S)
10.5.4.1. Overview
10.5.4.2. Products & services
10.5.4.3. SWOT Analysis
10.5.4.4. Recent Developments
10.5.4.5. Strategies
10.5.4.6. Financials (Based on Availability)
10.5.5. HELLA KGAA HUECK & CO. (LIPPSTADT, GERMANY)
10.5.5.1. Overview
10.5.5.2. Products & services
10.5.5.3. SWOT Analysis
10.5.5.4. Recent Developments
10.5.5.5. Strategies
10.5.5.6. Financials (Based on Availability)
10.5.6. HITACHI, LTD. (HITACHI AUTOMOTIVE SYSTEMS, LTD.) (KENTUCKY, U.S)
10.5.6.1. Overview
10.5.6.2. Products & services
10.5.6.3. SWOT Analysis
10.5.6.4. Recent Developments
10.5.6.5. Strategies
10.5.6.6. Financials (Based on Availability)
10.5.7. MITSUBISHI ELECTRIC CORPORATION (TOKYO JAPAN)
10.5.7.1. Overview
10.5.7.2. Products & services
10.5.7.3. SWOT Analysis
10.5.7.4. Recent Developments
10.5.7.5. Strategies
10.5.7.6. Financials (Based on Availability)
10.5.8. NGK SPARK PLUGS (AICHI, JAPAN)
10.5.8.1. Overview
10.5.8.2. Products & services
10.5.8.3. SWOT Analysis
10.5.8.4. Recent Developments
10.5.8.5. Strategies
10.5.8.6. Financials (Based on Availability)
10.5.9. ROBERT BOSCH GmbH (GERLINGEN, GERMANY)
10.5.9.1. Overview
10.5.9.2. Products & services
10.5.9.3. SWOT Analysis
10.5.9.4. Recent Developments
10.5.9.5. Strategies
10.5.9.6. Financials (Based on Availability)
10.5.10. VALEO (PARIS, FRANCE)
10.5.10.1. Overview
10.5.10.2. Products & services
10.5.10.3. SWOT Analysis
10.5.10.4. Recent Developments
10.5.10.5. Strategies
10.5.10.6. Financials (Based on Availability)

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