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.
Key Players
BorgWarner
Delphi Technologies
DENSO
Federal-Mogul
HELLA
Robert Bosch
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
Segmentation by application
Comparison by application
Passenger cars - Market size and forecast 2017-2022
Commercial vehicles - Market size and forecast 2017-2022
Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas - Market size and forecast 2017-2022
EMEA - Market size and forecast 2017-2022
APAC - Market size and forecast 2017-2022
Market opportunity by region
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Development of pencil and stick-type ignition coil
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