Enjoy complimentary customisation on priority with our Enterprise License!
The automotive aftermarket for spark plugs market size is valued to increase by USD 136.57 million, at a CAGR of 1.85% from 2023 to 2028. Increase in vehicle parc globally will drive the automotive aftermarket for spark plugs market.
Get Key Insights on Market Forecast (PDF) Request Free Sample
The automotive aftermarket for ignition system components, specifically spark plugs, plays a pivotal role in maintaining engine performance metrics and ensuring compliance with tailpipe emission standards. High-performance spark plugs offer significant advantages, such as improved misfire detection capabilities and cold start reliability. According to industry data, the adoption rate of high-performance spark plugs in the aftermarket has increased by 25% over the past five years, resulting in a notable reduction in engine diagnostic codes related to ignition system malfunctions. Furthermore, the use of corrosion resistance materials in spark plugs has led to a 30% improvement in catalytic converter efficiency, contributing to overall cost reduction and ROI improvement for vehicle owners. Electrical resistance testing and heat range classification are essential factors in selecting the appropriate spark plug for various engine designs and operating conditions. Additionally, the integration of oxygen sensor feedback and vehicle diagnostic systems in modern engines necessitates a preventative maintenance schedule for spark plug replacement. High-voltage ignition coils and distributorless ignition systems further enhance the performance and reliability of the ignition system.
The global market is primarily driven by the growth in the number of vehicles in circulation (vehicle parc), which continues to increase steadily.
The increasing popularity of platinum and iridium spark plugs represents a notable market trend. These advanced spark plug materials are gaining preference among consumers and automobile manufacturers alike.
The automotive industry is facing significant growth challenges due to the rapid advancements in technology, which are continuously evolving and transforming the sector.
The automotive aftermarket for spark plugs industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The passenger cars segment is estimated to witness significant growth during the forecast period.
The Automotive Aftermarket for Spark Plugs continues to evolve, driven by advancements in ignition system components and engine performance metrics. High-performance spark plugs, misfire detection systems, and vehicle diagnostic systems are increasingly popular for preventative maintenance schedules. Corrosion resistance materials, catalytic converter efficiency, and combustion chamber design are key considerations for manufacturers. Tailpipe emission standards and oxygen sensor feedback influence heat range classification and electrical resistance testing. High-voltage ignition coils and engine diagnostics codes are essential for emission control systems in distributorless ignition systems. Cold start reliability and insulator material properties are crucial for fuel efficiency improvement. Across all regions, the number of gasoline engines in the passenger cars segment outnumbers diesel engines.
The Passenger cars segment was valued at USD 1304.30 million in 2018 and showed a gradual increase during the forecast period.
The European market is witnessing a significant shift towards gasoline cars due to growing environmental concerns and stringent emission control measures. This trend is expected to continue, with Europe leading the growth in the gasoline engine market.
APAC is estimated to contribute 78% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
See How Automotive Aftermarket for Spark Plugs Market Demand is Rising in APAC Request Free Sample
The automotive aftermarket for spark plugs in the Asia Pacific (APAC) region is experiencing significant growth, with China leading the charge. This market's expansion is driven by the increasing adoption of Gasoline Direct Injection (GDI) engines, particularly in China, which is the largest market for such engines in APAC. The growing popularity of passenger cars and Light Commercial Vehicles (LCVs) in China is a primary factor fueling the demand for spark plugs. Japan and India are also crucial contributors to the market's growth due to their high automobile production volumes.
The expanding middle class population and rising income levels in emerging economies like India and Indonesia have led to a surge in demand for automobiles, further boosting the market. According to industry reports, the APAC automotive aftermarket for spark plugs is expected to register one of the fastest growth rates during the forecast period.
Customer Landscape of Automotive Aftermarket for Spark Plugs Industry
Companies are implementing various strategies, such as strategic alliances, automotive aftermarket for spark plugs market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
ACDelco - Delphi, a leading automotive technology provider, offers high-performance spark plug wires under its brand.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Automotive Aftermarket for Spark Plugs Market insights. See full methodology.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
169 |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 1.85% |
|
Market growth 2024-2028 |
USD 136.57 million |
|
Market structure |
Concentrated |
|
YoY growth 2023-2024(%) |
1.67 |
|
Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Brazil, Egypt, UAE, Oman, Argentina, KSA, UAE, Brazil, and Rest of World (ROW) |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."
The automotive aftermarket for spark plugs is a critical segment in the broader automotive industry, with ongoing demand driven by various factors. One significant consideration is the impact of spark plug wear on fuel economy. Properly functioning spark plugs contribute to optimal combustion efficiency, while worn-out plugs can lead to a decrease in fuel economy by up to 30% according to industry estimates. Another essential aspect of spark plug selection and maintenance is the relationship between heat range and engine performance. Advanced diagnostic procedures for ignition system issues play a crucial role in identifying the need for spark plug replacement. Preventative maintenance schedules, which vary based on vehicle make and model, are essential to ensure the longevity of spark plugs. The effects of electrode material on spark plug lifespan are significant. For instance, iridium spark plugs offer up to 60,000 miles of service life, a 40% improvement compared to traditional nickel plugs. The role of ignition timing in optimizing combustion efficiency is also vital. Improving cold-start reliability through spark plug selection is another essential business function, as it contributes to customer satisfaction and repeat business. OBD-II data plays a pivotal role in spark plug maintenance, allowing for real-time monitoring of spark plug performance and wear patterns. Interpreting these patterns can help identify underlying engine issues, enabling proactive maintenance and repair procedures for ignition systems. Different types of spark plug insulator materials, such as ceramic or silicone nitride, offer varying benefits in terms of thermal conductivity and durability. Measuring spark plug gap width with precision tools and testing spark plug resistance are essential techniques for maintaining optimal performance. The influence of engine design on spark plug selection is significant, as different designs require specific plug types to ensure efficient combustion. The effects of different ignition coil designs, fuel types, and extreme operating conditions on spark plug performance are also crucial factors to consider. In conclusion, the automotive aftermarket for spark plugs is a dynamic and complex market, requiring a deep understanding of various factors, from optimal spark plug gap settings to the role of ignition timing and the influence of engine design. Effective supply chain management, regulatory compliance, and operational planning are essential to capitalize on market growth and meet customer demands.
What is the expected growth of the Automotive Aftermarket for Spark Plugs Market between 2024 and 2028?
USD 136.57 million, at a CAGR of 1.85%
What segmentation does the market report cover?
The report is segmented by Application (Passenger cars and Commercial vehicles), Type (Hot spark plugs and Cold spark plugs), Geography (APAC, North America, Europe, Middle East and Africa, and South America), Material (Iridium, Platinum, Copper, and Nickel), Sales Channel (OEM, Aftermarket Retail, and Online Retail), and End-User (DIY Consumers, Professional Garages, and Fleet Operators)
Which regions are analyzed in the report?
APAC, North America, Europe, Middle East and Africa, and South America
What are the key growth drivers and market challenges?
Increase in vehicle parc globally, Rapid advancements in automotive technology
Who are the major players in the Automotive Aftermarket for Spark Plugs Market?
ACDelco, Autolite, Bosch Automotive Service Solutions Inc., Champion Auto Parts, Denso Corporation, E3 Spark Plugs, Federal-Mogul Powertrain, FRAM Group, Hella GmbH & Co. KGaA, Magnecor, Magneti Marelli S.p.A., MSD Performance, NGK Spark Plug Co. Ltd., Pulstar LLC, Robert Bosch GmbH, Splitfire, Standard Motor Products Inc., Tenneco Inc., Valeo SA, and Walker Products Inc.
We can help! Our analysts can customize this automotive aftermarket for spark plugs market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Market Segmentation by Material
9 Market Segmentation by Sales Channel
10 Market Segmentation by End-User
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
15 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
