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 --
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:
- Automotive Ignition Coil Market Sizing
- Automotive Ignition Coil Market Forecast
- Automotive Ignition Coil Market Analysis
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 |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2% |
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Market growth 2021-2025 |
USD 322.06 million |
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Market structure |
Fragmented |
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YoY growth (%) |
1.14 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 70% |
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Key consumer countries |
China, US, India, Germany, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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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 |
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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 |
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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. |
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