A spark plug is an electrical gadget primarily used to transfer electric
currents from an ignition system to the chamber of combustion in a vehicle. It
supplies the spark that ignites the combustible air-fuel mixture inside the
engine cylinder. It aids in producing power in the engine by creating
explosions. The device typically comprises a metal-threaded shell, resistance,
ribs, hex, electrodes, and insulator. It is designed to produce a powerful
ignition spark around 500-3,500 times per minute, with temperatures revolving between
500C and 800C. Spark plugs are fused in cylinders of gasoline engines, while
glow plugs are integrated on the cylinder head of the diesel engines. The
global spark plug market is expected to grow at a compounded annual growth rate
(CAGR) of 5.5% during the forecast period of 2022-2030.
The adoption of
spark plugs is high in petrol-based passenger vehicles, recreational boats, jet
skis, and gasoline and natural gas powered-generators. Apart from this, platinum
and iridium-based cold spark plugs also have heavy utilization in high-performance
engines to produce minimal carbon emissions. Moreover, the growing automobile
production across the globe and the increasing need for part substitution in
vehicles are leading to an increased demand for spark plugs in such vehicles.
All these factors are considerably aiding in the swift expansion of the global
spark plug market.
the major players present in the global spark plug market are actively engaged
in introducing enhanced spark plugs with new electrode materials, improved
performance & ignitability, and better electrical energy conductivity. The
advent of spark plugs with plasma core and Advanced Corona Ignition System
(ACIS) and iridium spark plugs that have higher life and can operate in
corrosive environments during marine application are other recent developments
that are expected to bolster the growth of the global spark plug market during
the forecast period.
the escalating demand for vehicles across the globe, the elevating
international pressure towards reducing carbon emission, the rising number of regulations
pertaining to emissions and fuel efficiency, the rapidly expanding automobile
industry, and the implementation of favorable government policies encouraging
the use of energy-efficient systems worldwide are among other primary factors
fueling the growth of the global spark plug market.
other hand, the growing penetration of electric vehicles & electrically
powered working equipment such as mowers and saws, and the surging adoption of
engine downsizing to reduce vehicle weight are projected to hamper the growth
of the global spark plug market to some extent during the forecast period of
Hot Spark Plugs
Cold Spark Plugs
Metal Glow Plug
Ceramic Glow Plug
By Engine Cylinder Layout Type:
By Market Type:
By Vehicle Type:
Light Commercial Vehicles (LCV)
Heavy Commercial Vehicles (HCV)
Middle East and Africa
Spark Plug Market: Type Review:
Based on type, the spark plug section is segmented
into hot spark plugs and cold spark plugs. The hot spark plugs segment is
anticipated to dominate the market over the forecast period of 2022-2030.
However, the cold spark plug segment is predicted to attain the highest growth
in the market during the same period. This can be attributed to the
proliferating demand for 4-stroke gasoline engines worldwide.
Spark Plug Market: Material Review:
Based on material, the global spark plug market is
segmented into copper, iridium, platinum, and others. The iridium segment is
expected to witness robust growth in the market during the forecast period.
This can be ascribed to the elevating demand for iridium spark plugs from the
marine sector due to their high longevity and enhanced engine performance.
Spark Plug Market: Application Review:
Based on application, the global spark plug market is
segmented into automobile, marine, industrial, and others. The automobile
segment acquired 81.0% of the market in 2021. The segmental lead is projected
to continue over the forecast period of 2022-2030. The enhancing demand for
natural gas-powered and fuel-efficient vehicles and the rising number of
gasoline-powered passenger cars, especially in emerging nations across the
globe, are the major factors attributable to the large share of this segment.
The spark plug research
report offers detailed analysis and forecasts for five major regions: North
America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The Asia Pacific
region commanded the largest share of the global spark plug market in 2021,
followed by Europe, North America, Latin America, and the Middle East &
Africa, respectively. The region is anticipated to remain dominant further
during the forecast period of 2022-2030. The major factors responsible for the
large share of this region include the presence of leading car manufacturers, the
rapidly growing automobile infrastructure, the escalating technological
advancements in spark plug and glow plugs, and the high production & sales of
automobile vehicles in the region. Moreover, the surging disposable incomes of
people and the fast-paced urbanization activities in the region also contribute
to the market growth in the region. India, China, Japan, and South Korea are
the leading contributors to the market in this region.
region is expected to garner swift growth in the spark plugs market during the
forecast period, predominantly owing to the expanding automobile industry, the
rising export of luxury vehicles, the increasing number of government-based
regulations pertaining to carbon emission, and the high consumer spending on
hybrid vehicles in the region.
The report also
identifies the country market outlook for spark plug, covering country-wise
market size, growth rate, market share, segmentation, leading players, current
trends, and opportunities.
Key Companies in
Spark Plug Market:
report offers a competitive analysis of prominent companies operating in the
global spark plug market. Some of the leading players profiled in the market
research report include:
NGK Spark Plug Co. Ltd.
Stitt Spark Plug
Robert Bosch Gmbh
Ford Motor Company