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Global Automotive Ignition System Market to reach USD XX billion by the end of 2030.

Global Automotive Ignition System Market Size Study & Forecast, by Type (Conventional breaker point type ignition system, electronic ignition systems, Distributorless ignition system), By Component (Primary ignition system, Secondary ignition system), By Vehicle Type (Passenger Cars, Commercial vehicles, Two Wheelers), By Engine Type (Gasoline, Diesel), and Regional Analysis, 2023-2030

Product Code: ALTAMC-41740896
Publish Date: 1-07-2023
Page: 200

Global Automotive Ignition System Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. An automotive ignition system is a system that ignites the fuel-air mixture in the combustion chamber of an internal combustion engine. The fuel-air mixture is ignited by the several parts of ignition system, which work together to create a spark that powers the engine’s pistons. This ignition system is a critical component of the internal combustion engine that is responsible for converting fuel into energy that powers the vehicle. Factors such as the thriving growth of the automotive industry, imposition of stringent government regulations, growing focus on improving vehicle performance coupled with the surge in demand for fuel-efficient vehicles are stipulating the market growth across the globe.

The rise in the production of vehicles such as cars and commercial vehicles is acting as a catalyzing factor for the market growth during the estimated period. According to the International Organization of Motor Vehicle Manufacturers, in 2022, it was estimated that around 61.59 million cars and 23.41 million commercial vehicles were produced globally, which is an increase from 57.05 million cars and 23.09 commercial vehicles in 2021. Accordingly, the growing production of vehicles is focusing on meeting the consumer’s interest in vehicle performance, which, in turn, bolsters the demand for ignition systems that provides improved performance and reliability. Moreover, the increasing use of electronic components in automotive manufacturing, as well as rising technological advancements for improved and efficient product offerings are presenting various lucrative opportunities over the forecasting years. However, the shifting focus towards electric vehicles and strict emission standards are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Automotive Ignition System Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the high adoption of luxury and high-performance vehicles, rapid penetration of fuel-efficient vehicles, along with the increasing technological advancements in automotive ignition systems. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising vehicle production, stringent government regulations, and growing emphasis on vehicle safety in the market space.

Major market players included in this report are:
Robert Bosch GmbH
Denso Corporation
Mitsubishi Electric Corporation
NGK Spark Plug Co.
Continental AG
Delphi Automotive PLC
BorgWarner Inc.
Hitachi Automobile Systems Americas, Inc.
Valeo Service
Honeywell International Inc.

Recent Developments in the Market:
Ø In February 2020, Denso Corp. expanded its lineup of aftermarket ignition coils with four new coil-on-plug (COP) product codes to accommodate Honda and Acura models from 2012 to 2018. The company can offer ignition coils for more than 6 million on-the-road vehicles through the availability of 136 unique high-performance ignition coil component numbers.

Global Automotive Ignition System Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Component, Vehicle Type, Engine type, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Conventional breaker point type ignition system
Electronic ignition systems
Distributorless ignition system

By Component:
Primary ignition system
Secondary ignition system

By Vehicle Type:
Passenger Cars
Commercial vehicles
Two Wheelers

By Engine type:

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Automotive Ignition System Market, by Region, 2020-2030 (USD Billion)
1.2.2. Automotive Ignition System Market, by Type, 2020-2030 (USD Billion)
1.2.3. Automotive Ignition System Market, by Component, 2020-2030 (USD Billion)
1.2.4. Automotive Ignition System Market, by Vehicle Type, 2020-2030 (USD Billion)
1.2.5. Automotive Ignition System Market, by Engine Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Ignition System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Ignition System Market Dynamics
3.1. Automotive Ignition System Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Surge in demand for fuel-efficient vehicles Rising production of vehicles such as cars and commercial vehicles
3.1.2. Market Challenges Shifting focus toward electric vehicles Strict emission standards
3.1.3. Market Opportunities Increasing use of electronic components in automotive manufacturing Rising technological advancements for improved and efficient product offerings
Chapter 4. Global Automotive Ignition System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Ignition System Market, by Type
5.1. Market Snapshot
5.2. Global Automotive Ignition System Market by Type, Performance – Potential Analysis
5.3. Global Automotive Ignition System Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Automotive Ignition System Market, Sub Segment Analysis
5.4.1. Conventional breaker point type ignition system
5.4.2. Electronic ignition systems
5.4.3. Distributorless ignition system
Chapter 6. Global Automotive Ignition System Market, by Component
6.1. Market Snapshot
6.2. Global Automotive Ignition System Market by Component, Performance – Potential Analysis
6.3. Global Automotive Ignition System Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
6.4. Automotive Ignition System Market, Sub Segment Analysis
6.4.1. Primary ignition system
6.4.2. Secondary ignition system
Chapter 7. Global Automotive Ignition System Market, by Vehicle Type
7.1. Market Snapshot
7.2. Global Automotive Ignition System Market by Vehicle Type, Performance – Potential Analysis
7.3. Global Automotive Ignition System Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
7.4. Automotive Ignition System Market, Sub Segment Analysis
7.4.1. Passenger cars
7.4.2. Commercial vehicles
7.4.3. Two wheelers
Chapter 8. Automotive Ignition System Market, by Engine Type
8.1. Market Snapshot
8.2. Global Automotive Ignition System Market by Engine type, Performance – Potential Analysis
8.3. Global Automotive Ignition System Market Estimates & Forecasts by Engine type 2020-2030 (USD Billion)
8.4. Automotive Ignition System Market, Sub Segment Analysis
8.4.1. Gasoline
8.4.2. Diesel
Chapter 9. Global Automotive Ignition System Market, Regional Analysis
9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Automotive Ignition System Market, Regional Market Snapshot
9.4. North America Automotive Ignition System Market
9.4.1. U.S. Automotive Ignition System Market Type breakdown estimates & forecasts, 2020-2030 Component breakdown estimates & forecasts, 2020-2030 Vehicle Type breakdown estimates & forecasts, 2020-2030 Engine Type breakdown estimates & forecasts, 2020-2030
9.4.2. Canada Automotive Ignition System Market
9.5. Europe Automotive Ignition System Market Snapshot
9.5.1. U.K. Automotive Ignition System Market
9.5.2. Germany Automotive Ignition System Market
9.5.3. France Automotive Ignition System Market
9.5.4. Spain Automotive Ignition System Market
9.5.5. Italy Automotive Ignition System Market
9.5.6. Rest of Europe Automotive Ignition System Market
9.6. Asia-Pacific Automotive Ignition System Market Snapshot
9.6.1. China Automotive Ignition System Market
9.6.2. India Automotive Ignition System Market
9.6.3. Japan Automotive Ignition System Market
9.6.4. Australia Automotive Ignition System Market
9.6.5. South Korea Automotive Ignition System Market
9.6.6. Rest of Asia Pacific Automotive Ignition System Market
9.7. Latin America Automotive Ignition System Market Snapshot
9.7.1. Brazil Automotive Ignition System Market
9.7.2. Mexico Automotive Ignition System Market
9.8. Middle East & Africa Automotive Ignition System Market
9.8.1. Saudi Arabia Automotive Ignition System Market
9.8.2. South Africa Automotive Ignition System Market
9.8.3. Rest of Middle East & Africa Automotive Ignition System Market

Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. Company 1
10.1.2. Company 2
10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Robert Bosch GmbH Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.3.2. Denso Corporation
10.3.3. Mitsubishi Electric Corporation
10.3.4. NGK Spark Plug Co.
10.3.5. Continental AG
10.3.6. Delphi Automotive PLC
10.3.7. BorgWarner Inc.
10.3.8. Hitachi Automobile Systems Americas, Inc.
10.3.9. Valeo Service
10.3.10. Honeywell International Inc.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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