Spark Plug Market Share

1. Here are Some Important Tips to How to Read Your Spark Plugs? | Straits Research Rise in the demand and subsequent vehicle production coupled with rise in industrialization is likely to boost the market growth in Asia Pacific. Countries such as India, China and Japan are expected to have a dominant share in the market. Car manufacturers have shown their confidence in the Asian market by committing to local manufacturers, making joint ventures and is likely to drive the growth in the region. Moreover, countries such as South Korea, Singapore and Malaysia have been a major manufacturing hub for ship building. Due to oil price volatility, the difference between diesel prices and gasoline prices has reduced considerably over the years. It has made consumers shift to gasoline cars. Stringent government norms and regulations regarding emissions have made it difficult for automobile manufacturers to maintain fuel efficiency. Trends in Spark Plug Market: Competitive Landscape: Some of the major Companies in the Spark Plug Market are Ngk Spark Plug Co., Ltd., Federal-Mogul Corporation, Denso Corporation, Robert Bosch GMBH, Autolite,

2. Enerpulse Technologie, Stitt Spark Plug, Acdelco, E3 Sparkplugs, Zhuzhou Torch Spark Plug, and Tenneco Inc. The Most Common Spark Plug Applications Are: Automobile Marine Industrial Segmental Insights Trends: The Spark Plug Market is Segmented By Electrode Material, By Application, By Sales Channel. By Electrode Material: Copper, Iridium, Platinum. On the Basis of By Application: Automobile, Marine, Industrial, Others. By Sales Channel: OEM, After-market. Ngk Spark Plug Co., Ltd. in May 2018 introduced spark plugs for CNG-powered three- wheeler in India used for public transport. Spark plugs that have been developed are conditioned to withstand high temperatures as compared to petrol and diesel engines. These spark plugs were further developed for CNG-powered buses as well. The company has also brought on new spark plugs that are compliant with BS 6 emission regulation in India. Regional Insights: Geographically, the Spark Plug Market is segmented into six regions. North America Europe Asia-Pacific Central, South America and Caribbean The Middle East Africa

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