DUBLIN--(BUSINESS WIRE)--The "Global Automotive Ignition System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
One trend in the market is development of pencil and stick-type ignition coil.
Pencil ignition coils use full electronic ignition. They are attached directly to the spark plug. With this arrangement, a high voltage pulse is generated directly at the spark plug. The advantage of pencil ignition coil is that there is no cable loss. Its compact design is compatible with almost all engine types.
According to the report, one driver in the market is increasing demand for passenger vehicles globally.
The increasing sales of various passenger vehicles, such as sedans, hatchbacks, minicars, sports utility vehicles (SUVs), multipurpose vehicles (MPVs), crossovers, and passenger vans, are driving the growth of the automotive ignition systems market. Sedan and hatchback segments contribute significantly to the global passenger vehicle market.
Further, the report states that one challenge in the market is high cost pressures on automotive component manufacturers.
In the automotive industry, component manufacturers absorb most of the warranty costs and price pressure from the demand side. With increasing adoption of advanced technologies, the bargaining power of component suppliers of certain equipment and technologies has reduced.
- Development of Pencil and Stick-Type Ignition Coil
- Emergence of Vehicles With Virtual Key
- Delphi Technologies
- Robert Bosch
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Application
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/57c25t/automotive?w=4