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Automotive Ignition System Market Size is Projected to Reach US$ 30.3 Billion by 2035 With a CAGR of 10.0% | Fact.MR
Automotive Ignition System Market
In the next decade, the industry is expected to expand 2.6X with an absolute dollar opportunity of USD 18.6 billion between 2025 and 2035. This reflects a bright future for the automotive ignition system market with significant potential for growth and investment.
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Country-Wise Outlook
The ignition system is a crucial component of an auto's internal combustion engine. It fires the air-fuel mixture in the cylinders, which is a major driving factor for the increasing engine market in the changeover from gas breeders to gas mixtures. Electronic ignition systems, like coil-on-plug and distributor-less ignition systems, are gaining popularity in the market due to their improved performance and reduced emissions.
China is the world's biggest automotive market, and ignition system technology is changing fast with increasing vehicle production, strict emissions regulations, and advancements in electric mobility. From conventional ignition systems, high-energy ignition coils and smart ignition modules enhance combustion efficiency and comply with China VI emissions standards.
Japan's Automotive Ignition System Market provides strong technological leadership by players such as Denso, Mitsubishi Electric, and Hitachi Astemo with high innovation levels, stringent fuel efficiency norms, and rigorous regulation of emissions. Japan's initiative to develop hybrid and fuel-efficient internal combustion engines (ICEs), has also encouraged the increased uptake of sophisticated ignition systems such as direct ignition and plasma-assisted ignition technologies.
Category-Wise Analysis
Electronic Ignition Systems - By Type: Electronic ignition systems provide higher efficiency, more precise ignition timing, and reduced emissions than mechanical systems. They utilize solid-state devices and microprocessors to provide a more accurate spark, substituting for older, less trustworthy breaker-point systems.
Ignition Switches - By Component: An ignition switch starts up the engine and governs electricity to major systems. Either on the dashboard or steering column, it has three stages of operation: accessory, ignition, and start.
Ignition Resistors - By Component: Ignition resistors control voltage to the distributor and ignition coil, preventing components from overheating and wear and increasing system life.
Competitive Analysis
Ignition system Conventional via distributor and coil-on-plug designs are the old type ignition systems, increasingly being replaced with electronic and programmable ignition systems to bring increased performance and lower emissions.
Hybrid and electric vehicle-compliant ignition products are in demand and extremely competitive. Competition is driven by a large aftermarket for ignition performance upgrades for owners seeking more from their copper plugs. Meanwhile, local players are keeping pace with more affordable options, and work on solid-state and plasma ignition systems has the potential to shake things up down the road.
The major players include Delphi Automotive, Valeo Service, Federal-Mogul Corporation, Mitsubishi Electric Corporation, Continental AG, Hitachi Automotive Systems, Robert Bosch, DENSO, BorgWarner, and Diamond Electric and other players.
Read More: https://www.factmr.com/report/37/automotive-ignition-market
Segmentation of Automotive Ignition System Market
By Type :
Conventional Breaker Point Type Ignition Systems
Electronic Ignition Systems
Distributor-less Ignition Systems
By Component :
Primary Ignition Systems
Ignition Switches
Coil primary Windings
Distributor Contact points
Condensers
Ignition Resistors
Starter Relays
Secondary Ignition Systems
Coil Secondary Windings
Distributor Caps
Rotors
Plug Wires
Spark Plugs
By Vehicle Type :
Passenger Cars
Commercial vehicles
Two Wheelers
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