DUBLIN--(BUSINESS WIRE)--The "Global
Automotive Aftermarket for Spark Plugs 2017-2021" report has
been added to ResearchAndMarkets.com's offering.
Global automotive aftermarket for spark plugs to grow at a CAGR of 4.03% during the period 2017-2021.
Global Automotive Aftermarket for Spark Plugs 2017-2021 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is growing preference for platinum and iridium spark plugs. There has been a growing preference for platinum and iridium spark plugs among OEMs. The demand has also been witnessed in the lower segment vehicles too. Earlier, platinum and iridium spark plugs were mainly used in luxury segment, however now it is being adopted in the mass-selling vehicles too.
According to the report, one driver in the market is rise in the demand for direct-injection vehicles will lead to early replacement of spark plugs.
Further, the report states that one challenge in the market is rise in the sales for battery electric vehicles. The rise in the sales of battery electric vehicles is a deterrent for the automotive aftermarket for spark plugs market because spark plugs are not used in the battery electric vehicles. The sales of the battery electric vehicles started peaking since 2014. In 2016, there were multiple factors that influenced the sales of battery electric vehicles. The most important factor was the intent of the government to promote sales of battery electric vehicles. The governments across the globe nurture the battery electric vehicles market to curb carbon emission.
Other Prominent Vendors
- Federal Mogul
- Magneti Marelli
- NGK Spark Plugs
Key Topics Covered
1: Executive Summary
2: Scope of the Report
3: Research Methodology
5: Market Landscape
6: Market Segmentation by Application
7: Regional Landscape
8: Decision Framework
9: Drivers and Challenges
10: Market Trends
11: Vendor Landscape
12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/rzs5lb/20172021_global?w=4