Spark Plug Market
Spark Plug Market Size And Forecast
Spark Plug Market was valued at USD 2.5 Billion in 2018 and is projected to reach USD 3.4 Billion by 2026, growing at a CAGR of 3.8% from 2019 to 2026.
Global Spark Plug Market Outlook
Increasing demand for vehicles across the globe is one of the key factors which is expected to fuel the growth of the global spark plug market. Moreover, the rise in the stringency of the government norms and regulations pertaining to the emissions and fuel efficiency is also contributing to the growth of the market. On the other hand, increasing adoption of engine downsizing and transition towards electric vehicles are projected to act as the restraining factor for the market growth.
Global Spark Plug Market Competitive Landscape
The Global Spark Plug Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Robert Bosch Gmbh, General Motors (Acdelco Corporation), Delphi Automotive, Weichai Power Co. Ltd., UCI-Fram Autobrands (Autolite), NGK Spark Plug Co. Ltd, Denso Corporation, Valeo, Federal-Mogul Corporation, and Borgwarner Inc.
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