Spark Plug Market Trends, Share, Opportunities And Market Forecast 2024
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The global spark plug market is segmented into product type, electrode material, application and distribution channel, out of which, the electrode material segment is further divided into copper, iridium, platinum and other material. The Iridium segment held more than 45% of market share in overall spark plug market and is believed to dominate the market in upcoming years. Further, the global iridium spark plug segment is expected to achieve Y-o-Y growth rate of 7.6% in 2024, whereas, the copper spark plug segment is projected to achieve Y-o-Y growth rate of 5.4% in the same year.
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Spark Plug Market Trends, Share, Opportunities And Market Forecast 2024
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