Ignition Coil Market Business Growth, Development Factors,
Current and Future Trends till 2030
Ignition Coil Market Growth
Trend & Forecast with latest research study released by Delvens evaluating
the market risk side analysis, highlighting opportunities, and leveraging
strategic and tactical decision-making support. The report provides information
on market trends and development, growth drivers, technologies, and the
changing investment structure of the Global market, the global Ignition Coil
Market size is projected to reach a CAGR of 5.1% and Forecast to 2030.
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Report: https://www.delvens.com/get-free-sample/ignition-coil-market
Ignition coil, also known as spark coils, in a vehicle is an
induction coil responsible for producing an electric spark that ignites the air
and gasoline mixture in compression chamber, which helps in the vehicle
movement. These coils help in smooth and efficient operation of the engine. Few
coils include an internal resistor, while others depend on an external resistor
to limit the current flow in the ignition coil. Earlier, every ignition coil
system required mechanical contact breaker points and a capacitor (condenser)
but now electronic ignition systems use a power transistor to provide pulses to
the ignition coil.
Regional Analysis
The U.S. is expected to spearhead the growth of North
America automotive ignition coil market. Sales of automotive ignition coils in
U.S. are surging on the back of increasing production of passenger cars and
higher focus on reducing carbon emission.
Recent Developments
·
DENSO introduced its newest ignition coils to
the market. DENSO Products and Services Americas has expanded its line of aftermarket
ignition coils. DENSO now offers four new coil-on-plug (COP) part numbers built
with top-grade materials the coils offer maximum available voltage under all
operating conditions, ease of installation, and reliability that ensures high
temperature suppresses noise and eliminates phantom misfires.
·
NGK Spark Plugs (U.S.A.) recently announced an
agreement with Advance Auto Parts to carry NGK ignition coils and NTK technical
sensors at all Advance and Carquest locations, including online.
Key Players
·
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
·
AcDelco and More
Ignition Coil Market is segmented into vehicle type, type,
distribution channel and region.
On the basis of
Vehicle Type
·
Passenger car
·
Light commercial vehicle
·
Heavy commercial vehicle
On the basis of
Type
·
Coil-on plugs
·
Distributor based ignition coils
·
Distributor less
On the basis of
Distribution Channel
·
OEM
·
Aftermarket
On the basis of
Region
·
Asia Pacific
·
North America
·
Europe
·
South America
·
Middle East & Africa
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In addition to the
market data for Ignition Coil Market, Delvens offers client-centric report and
customized according to the company’s specific demand and requirement.
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