Global Automotive Ignition System Market to grow at a CAGR of 5.89% over the period 2014-2019; Finds New Report

Report forecast the global automotive ignition system market to grow at a CAGR of 5.89% over the period 2014-2019.

Automotive ignition systems provide power to starting mechanisms, and mechanical and electrical components in automobiles. With the increase in prices of gasoline and growing environmental concerns globally, the automotive industry is investing in R&D to develop technologically advanced and improved ignition systems to ensure fuel efficiency and reduce emissions.

The global automotive ignition system market can be segmented based on components into: ignition switches, spark plugs (gasoline engines), glow plugs (diesel engines), ignition coils, ignition control modules, crankshaft sensors, and camshaft position sensors.

According to the report, the growing adoption of advanced automotive ignition systems is driven by rising concerns about the environmental impact and adverse health effects of emissions. These systems help in reducing and controlling emission levels and also help in improving fuel efficiency.

Further, the report states that due to rising gasoline prices and growing environmental concerns, the demand for EVs is increasing, which is inhibiting market growth.

Global Automotive Ignition System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, the Americas, and EMEA; it also covers the global automotive ignition system market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Automotive Ignition System Market: BorgWarner, Delphi Automotive, Denso, Federal-Mogul and Robert Bosch

Other Prominent Vendors in the market are: CEP Technologies, Diamond Electric, E3 Spark Plugs, Enerpulse Technologies, Fairchild Semiconductor, HELLA KGaA Hueck, Hitachi Automotive Systems Americas, MSD Spark Plugs, NGK Spark Plug, Standard Motor Products, Stitt Spark Plug, Valeo, Visteon, Wing Automobile Products and Zhuzhou Torch Spark Plug

Key Regions

• Americas
• APAC
• EMEA

Key Market Driver

• Stringent Emission and Fuel Efficiency Regulations
• For a full, detailed list, view our report

Key Market Challenge

• Shift in Focus toward EVs
• For a full, detailed list, view our report

Key Market Trend

• Escalating Demand from Emerging Markets
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 77 pages and 33 Exhibits “Global Automotive Ignition System Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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