0

Global Two-Wheeler Spark Plugs Market 2017-2021

  • Published: Apr 2017
  • Pages: 70
  • SKU: IRTNTR12457
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

This market research report identifies Bosch, DENSO, and Valeo as the key vendors in the global two-wheeler spark plugs market. This report also presents a detailed analysis of the market by product type (commuter segment and luxury segment) and geography (the Americas, APAC, and Europe)

Overview of the global two-wheeler spark plugs market

Technavio’s market research report predicts that the global two-wheeler spark plugs market will grow at a CAGR of above 6% during the forecast period. The increase in personal mobility that drives the higher sales volume of two-wheelers is one of the primary drivers for market growth. The rising need for personal mobility leads to the growth in sales of two-wheelers. However, the increasing traffic congestion has curbed the personal mobility due to the decrease in the speed of traffic. It has been observed that in cities like Beijing in China and Bengaluru in India, the traffic speeds are about 8 miles/ hour during peak hours. To counter the long waiting hours in traffic, the two-wheeler scooter segment is the preferred option as they offer more flexibility and personal mobility on congested roads. This increased popularity of the scooter segment will lead to a significant increase in its sales, consecutively driving the demand for two-wheeler spark plugs during the forecasted period.

The recent years witnessed a rising preference for iridium spark plugs across vehicle manufacturers in the commuter segment due to its reliability and durability. In addition to requiring low voltage that reduces the load on the ignition system, iridium spark plugs also cover an average of about 30,000 miles. Also, these spark plugs give out a precise spark every time resulting in efficient combustion, in turn, increasing the fuel economy. As a result, the coming years will witness an exponential increase in the need for iridium spark plugs, which will be one of the major trends that gaining traction in the two-wheeler spark plugs market.

Competitive analysis and key vendors

The two-wheeler spark plugs market consists of limited players and the competition is likely to intensify with the rising need to produce spark plugs that are robust and efficient. Since the cost of two-wheeler spark plugs is less, two-wheeler manufacturers do not focus on entering the market and prefer procuring spark plugs from suppliers. As a result, the market will consist of only a limited number of players during the predicted period as well.

Key vendors in the market are:

  • Bosch
  • DENSO
  • Valeo

Other prominent vendors include NGK Spark Plugs, Federal-Mogul, and Magneti Marelli.

Segmentation by product-type and analysis of the two-wheeler spark plugs

  • Commuter segment
  • Luxury segment

During 2016, the commuter segment dominated the global two-wheeler spark plugs market and is expected to continue its dominance over the next four years. The increased sales of commuter class two-wheelers in the developing countries such as India and China drives the growth of the segment across the globe.

Geographical segmentation and analysis of the two-wheeler spark plugs

  • Americas
  • APAC
  • Europe

In terms of geography, APAC led the global two-wheeler spark plugs market during 2016 and is foreseen to continue the domination during the forecast period. Factors such as the increase in disposable income, the launch of new two-wheeler models by OEMs, and the growing need for personal mobility contribute to the growth of the market in the region. Moreover, increase in traffic congestion, lack of efficient public transportation systems, and high growth of luxury segment motorcycles due to low penetration also augments the market’s growth in APAC.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global two-wheeler spark plugs market?
  • What are the key market trends impacting the global two-wheeler spark plugs market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global two-wheeler spark plugs market?
  • What are the market opportunities and threats faced by the global two-wheeler spark plugs market?
  • Trending factors influencing the market shares of
  • What are the key outcomes of the five forces analysis of the global two-wheeler spark plugs market?

Technavio also offers customization on reports based on specific client requirement.

Read More Read Less

Table of Contents

PART 01: Executive summary

PART 02: Scope of  the report

PART 03: Research Methodology

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product type

  • Global two-wheeler spark plugs market by product type
  • Global two-wheeler spark plugs market by commuter segment
  • Global two-wheeler spark plugs market by luxury segment

PART 07: Market segmentation by geography

  • Global two-wheeler spark plugs market by geography
  • Two-wheeler spark plugs market in Americas
  • Two-wheeler spark plugs market in Europe
  • Global two-wheeler spark plugs market in APAC
  • Key leading countries in two-wheeler spark plug

PART 08: Key leading countries

PART 09: Drivers and challenges

  • Market drivers
  • Impact of drivers on key customer segment
  • Market challenges
  • Impact of challenges on key customer segment

PART 10: Market trends

  • Growing preference for iridium spark plugs
  • Premium motorcycle manufacturers shifting focus to Asia as their manufacturing hub
  • Improvement in the performance of low-displacement motorcycles

PART 11: Vendor landscape

  • Vendor landscape
  • Other prominent vendors

PART 12: Key vendor analysis

  • Bosch
  • DENSO
  • Valeo

PART 13: Appendix

  • List of abbreviations

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.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Consumer Discretionary
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>