Automotive Spark and Glow Plug Market

Automotive Spark and Glow Plug Market Outlook (2024 to 2034)

The global automotive spark and glow plug market size is expected to be pegged at US$ 6,988.2 million in 2024. The global market is forecasted to increase at 2.5% CAGR and reach a market value of US$ 8,945.5 million by the end of 2034.

The automotive spark and glow plug market size is expected to experience growth opportunities in emerging economies, attributed to the increased focus on high-performance vehicles, characterized by sports cars and performance-oriented models, which drives the need for advanced spark plug technologies capable of withstanding higher temperatures and pressures. The unique demands of high-performance engines necessitate spark plugs that can deliver precise and reliable ignition under extreme conditions.

High-performance engines often operate at elevated temperatures due to increased power output and efficiency demands. Advanced spark plug technologies, such as those utilizing iridium or platinum materials, are better equipped to handle these higher temperatures without compromising performance or durability.

High-performance engines, especially those equipped with turbochargers or superchargers, experience higher internal pressures during combustion. Spark plugs must withstand these increased pressures to ensure consistent and reliable ignition. The robust design and materials used in advanced spark plug technologies contribute to their ability to handle elevated pressures.

Report Attributes	Details
Automotive Spark and Glow Plug Market Size (2024E)	US$ 6,988.2 million
Forecasted Market Value (2034F)	US$ 8,945.5 million
Global Market Growth Rate (2024 to 2034)	2.5% CAGR
North America Market Share (2034F)	22.4%
Demand Growth in Japan (2024 to 2034)	3.4% CAGR
China Market Value (2034F)	US$ 2,411.5 million
Demand for Passenger Cars (2034F)	US$ 4,911.1 million
Revenue Share of Type of Spark and Glow Segment (2034F)	54.9%
Key Companies Profiled	NGK Spark Plug Co. Ltd Federal-Mogul Corporation Denso Corporation Robert Bosch GmbH Borgwarner Inc. Weichai Power Co., Ltd. Valeo SA ACDelco Corporation Magneti Marelli Aftermarket N.A. KLG Spark Plugs Wellman Glow Plugs Co.

Which Market Trends are Opening New Opportunities for Manufacturers?

“Growing Automotive Industry to Fuel the Market Growth”

Disposable income increases, as economies develop, leading to higher rates of vehicle ownership. More people can afford cars, contributing to a surge in the number of vehicles on the road. The global population is increasing, and more people are moving to urban areas. Urbanization often correlates with increased mobility needs, resulting in higher demand for automobiles.

Developing countries are experiencing rapid economic growth and industrialization, leading to an expanding middle class. The demographic tends to invest in personal transportation, further fueling the growth of the automotive sector. Advances in automotive technology have led to the production of more fuel-efficient and powerful engines. Modern engines often require efficient ignition systems, making high-quality spark and glow plugs essential for optimal performance.

Global concerns about environmental pollution have led to the implementation of strict emission standards. Automotive manufacturers, to meet these regulations, are compelled to produce vehicles with more efficient combustion systems, creating a higher demand for advanced spark and glow plugs.

“Rising Demand for Fuel Efficient Vehicles to Accelerate the Growth Prospects”

Spark plugs are essential components in internal combustion engines. They ignite the air-fuel mixture in the engine cylinders, initiating the combustion process. The efficiency of this combustion directly influences fuel efficiency. A properly functioning spark plug ensures timely and complete combustion, leading to better fuel efficiency.

Spark plugs play a key role in determining the ignition timing of the engine. Precise ignition timing is critical for achieving optimal efficiency in the combustion process. Spark plugs contribute to the engine's ability to burn fuel efficiently, by providing a controlled and timely spark, maximizing power output while minimizing fuel consumption.

In diesel engines, glow plugs are crucial for cold starting. By pre-heating the combustion chamber, glow plugs help initiate combustion more efficiently in cold conditions, which reduces the need for prolonged idling and improves fuel efficiency, especially in regions with colder climates.

“Increasing Adoption of Electric Vehicles to Contribute Significantly”

In pure EVs, which are powered solely by electric batteries and electric motors, there is no internal combustion engine. Traditional spark plugs, as a result, are not used in these vehicles. The absence of an engine means that components related to combustion, such as spark plugs, are not applicable. Instead, EVs rely on electric power for propulsion, and their maintenance involves a different set of components, such as battery systems, electric motors, and power electronics.

Plug-in hybrid vehicles, on the other hand, combine an internal combustion engine with an electric propulsion system. PHEVs can operate in electric-only mode for a certain range before the internal combustion engine is engaged. In these hybrid systems, traditional spark plugs or similar components may still be present, especially in the internal combustion engine part of the vehicle.

The internal combustion engine in a PHEV may require spark plugs for ignition, similar to traditional gasoline-powered vehicles, which is especially relevant when the vehicle operates in hybrid mode or when the electric-only range is depleted, and the internal combustion engine takes over.

Which Factor is Restraining the Demand for Automotive Spark and Glow Plug?

“Increasing Electrification of Vehicles to Restrain the Market Growth”

Solely electric batteries and electric motors power pure electric vehicles. They do not have an internal combustion engine, eliminating the need for traditional spark plugs or glow plugs. The overall demand for spark plugs in the passenger vehicle segment may decrease, as the market share of EVs grows, particularly in response to environmental concerns and government incentives.

The shift towards EVs can result in reduced production volumes of traditional internal combustion engine vehicles. The production of traditional vehicles with spark plugs may decrease, as manufacturers allocate more resources and production capacity to electric vehicles, leading to a decline in the demand for these components.

The global automotive landscape is influenced by changing consumer preferences, with an increasing number of consumers expressing interest in electric and hybrid vehicles. The shift in consumer demand can influence the sales of traditional combustion engine vehicles, reducing the need for spark and glow plugs.

What Strategy Should Start-ups Incorporate to Enhance Their Market Presence?

“Technological Advancements is Key to Gaining Competitive Edge”

Traditional spark plugs often use materials like copper for the central electrode. Iridium and platinum are more recent innovations. Iridium and platinum are noble metals with high melting points and excellent resistance to corrosion, which makes them ideal for use in the harsh environment of the combustion chamber.

Iridium and platinum-tipped spark plugs offer superior durability compared to traditional designs. The hardness of these materials allows for a finer and sharper electrode tip, which resists wear and erosion over time. The enhanced durability results in longer service intervals, reducing the frequency of spark plug replacements.

One of the key advancements is the use of fine-wire technology in iridium and platinum-tipped spark plugs. Fine-wire electrodes enable a more precise spark, promoting efficient combustion and reducing the chances of misfires. The fine-wire design also contributes to better ignitability, particularly in challenging operating conditions.

Country-wise Insights

Fact.MR asserts in its study that North America is predicted to hold a 22.4% share of the global market by 2034. Investments in research and development for innovative plug technologies are expected to propel the market growth by offering better-performing and longer-lasting products.

What is the Scenario of the Market in the United States?

“Growing Vehicle Fleet to Augment the Growth”

Attribute	United States
Market Value (2024E)	US$ 1,249.1 million
Growth Rate (2024 to 2034)	1.5% CAGR
Projected Value (2034F)	US$ 1,442.7 million

The United States is predicted to account for 72.0% of the North American market by 2034. The country has a large and continuously growing vehicle fleet. There is a corresponding demand for replacement spark and glow plugs, as the number of vehicles on the road increases, contributing to market growth.

Many consumers in the United States still prefer internal combustion engine vehicles, while electric vehicles (EVs) are gaining popularity. The preference sustains the demand for spark and glow plugs in traditional gasoline and diesel engines.

The aftermarket segment plays a significant role in the United States. Regular maintenance and the replacement of spark and glow plugs contribute to aftermarket sales, and consumers often turn to aftermarket options for these components.

What is projected to Propel Demand for Automotive Spark and Glow Plug in China?

“Expansion of Online Retail Channels in China to Fuel the Demand”

Attribute	China
Market Value (2024E)	US$ 1,708.9 million
Growth Rate (2024 to 2034)	3.5% CAGR
Projected Value (2034F)	US$ 2,411.5 million

China is forecasted to hold a 69.3% share of East Asia market revenue by 2034. The growth of e-commerce and online retail channels provides Chinese consumers with convenient access to aftermarket automotive parts, including spark and glow plugs. Online platforms contribute to market accessibility.

Similar to global trends, there is an increasing focus on improving engine efficiency and fuel economy in China. Spark and glow plugs play a crucial role in achieving these objectives, driving their demand in the market.

Ongoing innovation in automotive technologies, including engine design and ignition systems, contributes to the development of advanced spark and glow plug solutions. Automakers seek to adopt cutting-edge technologies to enhance vehicle performance.

What is projected to Propel Demand for Automotive Spark and Glow Plug in Japan?

“Government Support for Research and Development to Enhance Market Prospects”

Attribute	Japan
Market Value (2024E)	US$ 487.5 million
Growth Rate (2024 to 2034)	3.4% CAGR
Projected Value (2034F)	US$ 678.6 million

Japan is anticipated to hold a 19.5% share of East Asia market revenue by 2034. Government support for research and development initiatives in the automotive sector encourages innovation. The support may contribute to advancements in spark and glow plug technologies.

The growing interest in hybrid technologies and the development of hybrid vehicles by Japanese automakers may impact the spark plug market, particularly as hybrid systems often integrate internal combustion engines.

Japan has a strong presence in motorsports, with automotive companies participating in various racing events. The technologies derived from motorsports often find their way into production vehicles, driving the demand for high-performance spark and glow plugs.

Category-wise Insights

Based on vehicle type, global demand for automotive spark and glow plug is projected to rise significantly in the passenger cars segment. Ongoing advancements in passenger car technologies, including engine efficiency improvements and emission reduction measures, drive the need for advanced spark and glow plug technologies to meet evolving performance requirements.

Which Vehicle Type to Contribute Significantly in the Sales of Automotive Spark and Glow Plug?

“Passenger Cars are Expected to Accelerate the Demand for Automotive Spark and Glow Plug”

Attribute	Passenger Cars
Segment Value (2024E)	US$ 4,060.1 million
Growth Rate (2024 to 2034)	1.9% CAGR
Projected Value (2034F)	US$ 4,911.1 million

The passenger cars segment of automotive spark and glow plug is forecasted to hold 54.9% of the market share by 2034. The growth in global passenger car production contributes to a higher demand for spark and glow plugs, as these components are essential for the ignition systems in traditional internal combustion engine vehicles.

Despite the rise of electric vehicles, many consumers still prefer traditional internal combustion engine vehicles, especially in regions where EV infrastructure is less developed. The preference sustains the demand for spark and glow plugs in passenger cars.

Passenger cars are often more affordable than larger vehicles, making them popular choices for a broad consumer base. The affordability factor contributes to the high sales volume and, consequently, the demand for spark and glow plugs.

Which Type of Spark and Glow Automotive Spark and Glow Plug is Set to Occupy a Leading Market Share?

“Hot Spark Plugs Segment is expected to be the Dominant Type of Spark and Glow”

Attribute	Hot Spark Plugs
Segment Value (2024E)	US$ 3,137.7 million
Growth Rate (2024 to 2034)	2.6% CAGR
Projected Value (2034F)	US$ 4,070.2 million

The hot spark plugs segment is predicted to occupy a 45.5% share of the global market by 2034. Vehicles in the high-performance and sports car segment often have engines that operate at elevated temperatures. Hot spark plugs are designed to withstand these conditions, making them a preferred choice for such vehicles.

Hot spark plugs are designed for efficient combustion, promoting complete fuel ignition and reducing emissions. The demand for hot spark plugs in modern engine designs increases, as automakers focus on meeting stringent emission standards.

The prevalence of turbocharged and direct injection engines in modern vehicles contributes to the demand for hot spark plugs. The engines often operate at higher temperatures, requiring spark plugs that can handle the increased thermal stress.

Hot spark plugs contribute to improved fuel efficiency by ensuring better combustion under a variety of driving conditions. The demand for hot spark plugs is expected to grow, as fuel efficiency remains a key focus for both consumers and regulatory bodies.

Competitive Landscape

Key players in the automotive spark and glow plug industry are employing a variety of strategies to attain their objectives. The tactics encompass promoting innovation, implementing rigorous quality control measures for their products, establishing strategic partnerships, optimizing supply chain management systems, and continually advancing their products and technologies.

Recent Developments

• In 2023, Denso Corporation and NGK Spark Plug Co., Ltd. initiated discussions about the potential transfer of Denso ceramic products, including spark plugs, O2 sensors, and air-fuel ratio sensors, to NGK Spark Plug Co., Ltd.
• In the same year, VM Motori, a company within the Stellantis Group, revealed plans to introduce an H2 (hydrogen) variant of its 2.2-liter engine. The engine features a 62 kW output and 270 Nm peak torque, along with enhancements to the common rail, pistons, spark plugs, ignition coil, and pressure regulator.

NGK Spark Plug Co. Ltd, Federal-Mogul Corporation, Denso Corporation, Robert Bosch GmbH, Borgwarner Inc., Weichai Power Co., Ltd., Valeo SA, ACDelco Corporation, Magneti Marelli Aftermarket N.A., KLG Spark Plugs, and Wellman glow plugs Co., are key players in the market.

Segmentation of Automotive Spark and Glow Plug Market Research

• By Vehicle Type:

  • Passenger Cars
  • LCVs
  • HCVs

• By Type of Spark and Glow:

  • Hot Spark Plugs
  • Cold Spark Plugs
  • Metal Spark Plugs
  • Ceramic Spark Plugs

• By Region:

  • North America
  • Europe
  • East Asia
  • Latin America
  • Middle East & Africa
  • South Asia & Oceania