Automotive Ignition Coil Market Records a CAGR of 2% by 2025 | Rising Demand for Pencil Ignition Coils to Boost Growth | 17000+ Technavio Reports

NEW YORK, Oct. 14, 2021 /PRNewswire/ —
The automotive ignition coil market is…

NEW YORK, Oct. 14, 2021 /PRNewswire/ —

The automotive ignition coil market is set to grow by USD 322.06 million from 2021 to 2025, progressing at a CAGR of 2% as per the latest market report by Technavio.

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The automotive ignition coil market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The rising demand for pencil ignition coils is expected to have a positive impact on the growth of the automotive ignition coil market during the forecast period.

Technavio analyzes the market by Type (Passenger car and Commercial vehicle) and Geography (APAC, North America, Europe, South America, and MEA). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The automotive ignition coil market covers the following areas:

Companies Mentioned

  • BorgWarner Inc.
  • DENSO Corp.
  • Diamond Electric Holdings Co. Ltd.
  • HELLA GmbH & Co. KGaA
  • Hitachi Ltd.
  • Mitsubishi Electric Corp.
  • Robert Bosch GmbH
  • Standard Motor Products Inc.
  • Tenneco Inc.
  • Valeo SA

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Automotive Ignition Coil Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

USD 322.06 million

Market structure

Fragmented

YoY growth (%)

1.14

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 70%

Key consumer countries

China, US, India, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BorgWarner Inc., DENSO Corp., Diamond Electric Holdings Co. Ltd., HELLA GmbH & Co. KGaA, Hitachi Ltd., Mitsubishi Electric Corp., Robert Bosch GmbH, Standard Motor Products Inc., Tenneco Inc., and Valeo SA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research

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Email: media@technavio.com

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SOURCE Technavio