The global automotive ignition coil market is anticipated to grow significantly at a CAGR of 4.1% over the forecast period (2021-2028). The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2020, DENSO Products and Services Americas, Inc., expanded its line of aftermarket ignition coils.
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The global automotive ignition coil market is segmented based on type, vehicle type and distribution channel. Based on type, the market is bifurcated into conventional, electronic, distributor-less (dis), and coil-on-plug (cop). Based on vehicle type, the market is sub-segmented into passenger cars and commercial vehicles. Based on distribution channel the market is sub-segmented into OEM and aftermarket. Based on type, the distributor-less segment is anticipated to witness the higher growth in coming years, owing to its various benefits such as, it is integrated into all newer vehicles, the coils sit directly on the top of the spark plug which aids in starting the engine frequently, and the system is completely electronic. Moreover, the system is controlled by the car’s computer; owing to its benefits the distributor-less segment has maintained its presence in global automotive ignition coil market.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Automotive Ignition Coil Market– Segmentation
By Type
- Conventional
- Electronic
- Distributor-less(DIS)
- Coil-on-plug(COP)
by Distribution Channel
- OEM
- Aftermarket
Global Automotive Ignition Coil Market by Region
North America
- US
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive ignition coil market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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