Automotive Ignition Systems Market Outlook 2022 - 2032
A CAGR of 7.7% is expected for the global automotive ignition systems market due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 21.50 Bn by 2032, up from US$ 10.14 Bn in 2022.
Top market players offer air intake and fuel injection systems that optimally control the air-fuel ratio, and the ignition system securely ignites the fuel, enabling stable combustion. Additionally, the exhaust system accurately detects gas components, producing clean exhaust. The system thus realizes both fuel saving and low emissions. This is expected to drive the demand for automotive ignition systems. For instance, the players offer ignition coils that produce a high-voltage electric pulse to generate a spark for igniting gasoline mixtures. These coils have several features, such as technologies that improve energy conversion efficiency and reduced weight for better fuel economy and engine downsizing.
Another crucial product offered by market players is the iridium spark plug which generates a spark for igniting gasoline mixtures, utilizing high voltage electric discharge with features such as reduced sparking voltage and greatly improved ignition performance, and high strength insulator made of high purity alumina, which surges the sales of automotive ignition systems.
A third vital product offered by market players is the knock sensor (non-resonant type) which detects knocking vibration and outputs as electric signals to control engine ignition properly with features such as precise knocking detection and balanced and stable output even in a high-frequency region with little noise.
Key players understand the importance of working uniformly, which is why they use their expertise in OE ignition systems, pouring into every ignition coil they make, successfully delivering peak power, and their OE performance. They have created advanced magnetic design and modeling capabilities that are second to none. This results in an efficient coil design that delivers optimum engine performance, exhaust emissions, and fuel economy, which drives the demand for automotive ignition systems.
Automotive Ignition Systems Market Size (2022)
US$ 10.14 Bn
Automotive Ignition Systems Market Size (2032)
US$ 21.50 Bn
Automotive Ignition Systems Market CAGR
Key players use high-quality wires and coating that resists the cracks, pin holes, and imperfections that might cause other ignition coils to fail. Wires are insulated and separated with the help of a special Epoxy. Since ignition coil windings need to be evenly distributed and neatly wrapped, key players wind both primary and secondary coils as smoothly and tightly as possible directly onto a proprietary steel core. This approach helps to ensure maximum magnetic power at every turn of the wire. This is likely to drive the sales of automotive ignition systems.
Moreover, they also wind their secondary coils into more bays for additional consistent voltage distribution and reliable coil performance. The ignition coil transforms a vehicle battery’s voltage into thousands of volts, which is required to provide the high energy for an electrical spark in the spark plugs that ignite the fuel-air mixture.
Key players offer a wide range of ignition coils for most car applications, past and present, which may bolster the adoption of automotive ignition systems in the coming years. Their functions and quality are tested in accordance with the same standards as for original equipment parts to effectuate high performance and reliability over a long service life.
In addition, their high-quality materials and manufacturing methods for excellent resistance to heat, vibration, and corrosion, as well as long-lasting electrical and mechanical stability. The main goal of market players is to give top priority to the trust of their customers and focus on superb quality. They conduct business activities and product developments that are unified with their philosophy of valuing the working of life. This is estimated to propel the demand for automotive ignition systems
Due to the various advancements done in terms of product enhancements by the key players and their focus on engaging in research activities, are factors that are sure to boost the market demand for automotive ignition systems.
An ignition system is a fuel-air mixture ignition system by generating a spark or by heating an electrode to a high temperature in spark ignition internal combustion engines. Automotive and automobile are the largest applications of ignition systems.
The purpose of an ignition system is to generate a very high voltage from the battery of a car and send it to each sparkplug in turn, igniting the fuel-air mixture in the combustion chambers of the engine. The coil produces high voltage which is an electromagnetic device that converts the low-tension (LT) current from the battery to high-tension (HT) current when the distributor contact-breaker points open.
The automotive ignition systems control the spark and timing of the spark plug firing to match the varying engine requirement and it increases battery voltage to a point where it will overcome the resistance offered by the spark plug gap and fire the plug.
Automotive Ignition Systems Market: Drivers & Restraints
Increasing prices of fuel coupled with rising environmental concerns regarding fuel emmisions form automobiles are driving the automotive and automobile players to manufacture efficient automotive ignition systems consistently during R&D.
Incidences such as decrease in available voltage as engine speed increases are the few limitations of automotive ignition systems which could hamper market growth.
Automotive Ignition Systems Market: Overview
An automotive ignition system has a primary and a secondary electrical circuits. The distributor is the controller in an automotive ignition system which switches the primary current on and off and distributes the current to the appropriate spark plug whenever needed.
Electronic ignition systems do not need distributor maintenance as often as conventional point-type ignition systems.
Automotive Ignition Systems Market: Region wise Overview
Geographically, global automotive ignition systems market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, Middle East and Africa (MEA).In APEJ, South Korea, India and China are major markets for automobiles and have a substantial share in the global ignition system market.
Western Europe being an established market for automotive ignition systems and having the presence of significant manufacturers globally and the region is projected to register steady growth rates during the forecast period.
Automotive Ignition Systems Market: Key Players
The key research institutes in global automotive ignition systems market are DENSO, Delphi Automotive LLP, Robert Bosch (Australia) Pty Ltd, CEP Technologies Corporation, Diamond Electric Mfg. Corp, AUTO-LEK (P) Ltd., Wells Vehicle Electronics, RAE to name a few.
The internal combustion engine is an important machine which has evolved in terms of efficiency from several decades. The automakers are involved in the manufacturing of internal combustion engines cause lesser pollution and are reliable machines.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, accessories and applications.
The report covers exhaustive analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Rest Of Latin America)
- Western Europe (Germany, Italy, France, U.K, Spain, Rest Of Western Europe)
- Eastern Europe (Russia, Rest Of Eastern Europe)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC countries, S. Africa and Rest Of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Automotive Ignition Systems Market: Segmentation
The global automotive ignition systems market is classified on the basis of product type, ignition system component and region.
Based on product type, the global automotive ignition systems market is segmented into the following:
- Conventional breaker point type ignition system
- Electronic ignition systems
- Distributorless ignition system
Based on ignition system component, the global automotive ignition systems market is segmented into the following:
- Primary ignition system
- Ignition switch
- Coil primary windings
- Distributor contact points
- Ignition resistor
- Starter relay
- Electronic ignition systems
- Secondary ignition system
- Coil secondary windings
- Distributor cap
- Plug wires
- Spark plugs