Automotive Ignition Market Research Report with Key Players Analysis, Trends and Growth Forecast till 2022

Dublin 2, Ireland, 2018-Apr-18 — /EPR Network/ — The global market discussion on automotive ignition industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Automotive Ignition Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on automotive ignition market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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From commercial vehicles to passenger cars, ignition systems are indispensable components in production of automobiles. With rising demand for EVs, manufacturers of automotive ignition systems are shifting their focus from conventional ignition to electric ignition. In the long run, the costs of automotive ignition systems might become more economical, considering the technological advancements adopted by OEMs during their production. Nevertheless, losing traction of fossil fuel engines will impede the market’s growth, albeit, to some extent.

The Fact.MR report on global automotive ignition systems market projects that by the end of 2017, the market will be valued at US$ 5.3 Bn. Strong supply chain and cheaper procurement of raw materials will boost the production capacity of automotive ignition system manufacturers. Towards the end of 2022, the global automotive ignition systems market will have soared at healthy CAGR, translating revenues above US$ 7 Bn.

PC Holds Dominant Revenue Share by Vehicle Type

PC segment is anticipated to grow from over US$ 2.2 billion in 2017 to just under US$ 3 billion by 2022. Currently, the segment accounts for more than two-fifth revenue share of the market. The HCV segment in the automotive ignition systems market is poised to grow to approx. US$ 1.6 billion by 2022, growing at steady CAGR.

Gasoline will Continue to Remain the Preferred Fuel Type

It seems quite unlikely that gasoline will lessen its stranglehold on the automotive ignition systems market as the fuel is preferred by most customers over its ‘dirtier’ counterpart diesel. Gasoline is expected to account for the majority share of the automotive ignition systems market in 2017. As there are only two main fuels in the automotive ignition systems market, petrol’s loss is diesel’s gain which is why the latter is expected to gain traction in the near future.

Electronic Automotive Ignition Systems are the Biggest Portions of the Pie

The electronic segment of the automotive ignition systems market is projected to grow to almost US$ 2.8 billion in 2022, from US$2.1 billion in 2017.Even though electronic segment will lose market share during the forecast period, it will continue to remain attractive. APEJ will continue to remain an attractive market, accounting for over one-third revenue share.

Focus on OEM Channels for Maximum Gains in Automotive Ignition systems market

With a revenue share of nearly two-third, it is hardly surprising that OEM channels account for the lion’s share of the automotive ignition systems market. With a market value predicted to touch US$4.3 billion in 2022, it would be foolhardy to ignore this highly lucrative automotive ignition systems market segment.

 Competition Tracking

The report also profiles key players in the global automotive ignition systems market, which include companies namely, BorgWarner, Delphi Automotive LLP, Denso Corporation, Federal-Mogul, Robert Bosch, CEP Technologies Corporation, Hitachi Automotive Systems Americas, Inc., Continental AG, Wells Vehicle Electronics, Diamond Electric Mfg. Corp, and Valeo.

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Table of Content:

Chapter 1 Global Automotive Ignition System Market – Executive Summary 29

Chapter 2 Global Automotive Ignition System Market Overview 31
2.1 Introduction 31
2.1.1 Global Automotive Ignition System Market Taxonomy 31
2.1.2 Global Automotive Ignition System Market Definition 31
2.2 Global Automotive Ignition System Market Size (US$ Mn) and Forecast, 2012-2022 31
2.2.1 Global Automotive Ignition System Market Y-o-Y Growth 31
2.3 Global Automotive Seat Market: Macroeconomic Factors 32
2.4 Global Automotive Ignition System Market Dynamics 34
2.5 Supply Chain 36
2.6 Cost Structure 37
2.7 Pricing Analysis 37
2.8 List of Distributors 37
2.9 Key Participants Market Presence (Intensity Map) By Region 38

Chapter 3 Global Automotive Ignition System Market Analysis and Forecast By Vehicle Type 39
3.1 Global Automotive Ignition System Market Size and Forecast By Vehicle Type , 2012-2022 39
3.1.1 PC Automotive Ignition System Market Size and Forecast, 2012-2022 39
3.1.1.1 Revenue (US$ Mn) Comparison, By Region 39
3.1.1.2 Market Share Comparison, By Region 40
3.1.1.3 Y-o-Y growth Comparison, By Region 41
3.1.2 LCV Automotive Ignition System Market Size and Forecast, 2012-2022 42
3.1.2.1 Revenue (US$ Mn) Comparison, By Region 42
3.1.2.2 Market Share Comparison, By Region 43
3.1.2.3 Y-o-Y growth Comparison, By Region 44

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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