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(AsiaNewsWire.Net, June 05, 2019 ) An automotive ignition coil transforms the battery's low voltage to high voltage to create a spark in the ignition system. Increased sales of automobiles across the globe booting the automotive ignition coil market. The automotive ignition coil market experienced significant growth in emerging economies. Asia-Pacific region is one of the leading revenue generators for the automotive ignition coil market.
The "Global Automotive Ignition Coil Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive ignition coil market with detailed market segmentation by type, vehicle type and geography. The global automotive ignition coil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive ignition coil market players and offers key trends and opportunities in the market.
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Rising demand for advanced ignition coils, growing demand for high ignition voltage and modern coils are driving the automotive ignition coil market. Stringent emission norms related to air pollution, also driving the automotive ignition coil market. However, the adoption of electric cars is a restraint factor for the automotive ignition coil market. Moreover, new product development and partnership with OEMs are creating opportunities for the automotive ignition coil market.
Leading Key Players:
Hitachi Automotive Systems Americas, Inc.
Marshall Electric Corp
Mitsubishi Electric Corporation
NGK Spark Plugs Inc
Nissan Motor Co., Ltd
Robert Bosch GmbH
The global automotive ignition coil market is segmented on the basis of type, and vehicle type. Based on type, the market is segmented as coil-on-plug, coil-rail, and block ignition coil. On the basis of the vehicle type the market is segmented as passenger car, LCV, M&HCV.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive ignition coil market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive ignition coil market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive ignition coil market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the automotive ignition coil market in these regions.
The reports cover key developments in the automotive ignition coil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from automotive ignition coil market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive ignition coil in the global market. Below mentioned is the list of few companies engaged in the automotive ignition coil market.
The report also includes the profiles of key automotive ignition coil companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
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