Skip to main content

Vehicle Ignition Coil Market Is Expected to Reach $7.55 Billion by 2026 | Impact Analysis

Written by Customer Service on . Posted in Mergers And Acquisitions.

Portland, OR, April 14, 2020 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global vehicle ignition coil market was pegged at $5.59 billion in 2018 and is expected to hit $7.55 billion by 2026, registering a CAGR of 3.9% from 2019 to 2026. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and changing market trends.Increase in number of vehicle production, rise in sales of luxurious vehicles in developing countries, and upsurge in disposable income among people drive the growth of the global vehicle ignition coil market. On the other hand, rise in trend of shared mobility, and surge in demand for electric vehicles curb the growth to certain extent. Nevertheless, untapped developing markets in Africa and Asia are expected to pave the way for several opportunities in the industry.Download Report Sample (231 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/5620The coil-on plugs segment to retain its dominance till 2026-By type, the coil-on plugs segment contributed to more than two-fifths of the total market revenue in 2018, and is projected to lead the trail by 2026. The same segment is also expected to manifest the fastest CAGR of 4.5% throughout the forecast period. The other two segments evaluated in the report include distributor-based ignition coils and distributor-less ignition coils.The passenger car segment to maintain the lion’s share by 2026-Based on vehicle type, the passenger car segment accounted for more than two-thirds of the global vehicle ignition coil market share in 2018, and is anticipated to dominate during the study period. The same segment would also project the fastest CAGR of 4.1% from 2019 to 2026. The LCV and HCV segments are also discussed in the report.Request for Customization: https://www.alliedmarketresearch.com/request-for-customization/5620Asia-Pacific to remain lucrative in terms of revenue-    Based on region, Asia-Pacific garnered the highest share in 2018, holding more than half of the global market. The same region is also predicted to showcase the fastest CAGR of 4.4% throughout the study period. The other three provinces analyzed in the report take in North America, Europe, and LAMEA.Key players in the industry-The key market players analyzed in the global vehicle ignition coil market report include Denso, Diamond Electric Mfg. Corp, Valeo SA, BorgWarner, HELLA GmbH & Co. KGaA, Hitachi automotive, Mitsubishi Electric Corporation, Federal-Mogul, NGK Spark Plug, and Robert Bosch. These market players have combined several strategies including partnership, expansion, collaboration, joint ventures, and others to perk up their stand in the industry.Schedule a Call with Our Analysts/Industry Experts: https://www.alliedmarketresearch.com/connect-to-analyst/5620Avenue | The Market Research Library AccessAvenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world’s largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. Avenue is a premium subscription-based model that serves as an informative solution on which the world-leading companies can rely on.Avenue is a premium subscription-based model that serves as an informative solution on which the world-leading companies can rely on.Sign up and start using your 14-day free trial: https://www.alliedmarketresearch.com/avenueTrialAbout Allied Market Research:Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.