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:
- Automotive Ignition Coil Market Sizing
- Automotive Ignition Coil Market Forecast
- Automotive Ignition Coil Market Analysis
- 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
Growth momentum & CAGR
Accelerate at a CAGR of 2%
Market growth 2021-2025
USD 322.06 million
YoY growth (%)
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 70%
Key consumer countries
China, US, India, Germany, and UK
Leading companies, competitive strategies, consumer engagement scope
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
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
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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