Automotive Spark Plug Market | COVID-19 Analysis

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The key factor driving the global Automotive Spark Plug market growth is the stringent regulations and norms by the government regarding emissions & fuel efficiency. The second market driving factor is the growth of the automotive industries.

The global Automotive Spark Plug market has been segmented on the basis of market type, material type, product type, vehicle type, and lastly, region. With regards to the market type, this market has been segmented into the original equipment market and aftermarket. Aftermarket is the market for the accessories, components, and spare parts, for motor vehicles. By material type, the market has been segmented into copper spark plug, iridium spark plug, platinum spark plug, and others.

Based on product type, the market has been segmented into hot spark plug and cold spark plug. Hot Automotive Spark Plug by product type contribute to the largest market share in the global market, and this is expected to continue during the forecast period as well. As per vehicle type, the market has been segmented into the commercial vehicle and passenger vehicle.

North America is a crucial regional market due to technological advancement, established automotive industry, and many key market players being present in this region. The highest revenue in this region comes from the markets in the USA, Canada, and Mexico.

Europe is another important regional market that is growing due to the presence of some key market players, established automotive industry, government regulations regarding carbon emissions, and technological advancement that is second only to North America. In this region, the vital country-specific markets are France, Germany, Italy, and the UK.

Key Players

The key players in the global Automotive Spark Plug market include Borgwarner Inc. (USA), Delphi Automotive (Ireland), Denso Corporation (Japan), Federal-Mogul Corporation (USA), General Motors (ACDelco Corporation) (USA), NGK Spark Plug Co. Ltd (Japan), Robert Bosch Gmbh (Germany), UCI-Fram Autobrands (Autolite) (USA), Valeo (France), and Weichai Power Co. Ltd. (China).