This industry study presents the global Two-Wheeler Spark Plugs market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Two-Wheeler Spark Plugs production, revenue and market share by manufacturers, key regions and type;
The consumption of Two-Wheeler Spark Plugs in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Bosch, Denso, etc.
A spark plug is a device used to transfer electric current to the combustion chamber to ignite the air-fuel mixture with an electric spark.
The increase in personal mobility is one of the primary drivers for market growth. The rising need for personal mobility leads to the growth in sales of two-wheelers. However, the increasing traffic congestion has curbed the personal mobility due to the decrease in the speed of traffic. It has been observed that in cities like Beijing in China and Bengaluru in India, the traffic speeds are about 8 miles/ hour during peak hours. To counter the long waiting hours in traffic, the two-wheeler scooter segment is the preferred option as they offer more flexibility and personal mobility on congested roads. This increased popularity of the scooter segment will lead to a significant increase in its sales, consecutively driving the demand for two-wheeler spark plugs during the forecasted period.
APAC led the global two-wheeler spark plugs market during 2017 and is foreseen to continue the domination during the forecast period. Factors such as the increase in disposable income, the launch of new two-wheeler models by OEMs, and the growing need for personal mobility contribute to the growth of the market in the region. Moreover, increase in traffic congestion, lack of efficient public transportation systems, and high growth of luxury segment motorcycles due to low penetration also augments the market’s growth in APAC.
Global Two-Wheeler Spark Plugs market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Two-Wheeler Spark Plugs.
The following manufacturers are covered in this report:
Bosch
Denso
Valeo
NGK Spark Plugs
Federal- Mogul
Magneti Marelli
Champion
Two-Wheeler Spark Plugs Breakdown Data by Type
Nickel Alloy
Silver Alloy
Platinum Alloy
Others
Two-Wheeler Spark Plugs Breakdown Data by Application
Commuter Segment
Luxury Segment
Two-Wheeler Spark Plugs Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Two-Wheeler Spark Plugs Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Two-Wheeler Spark Plugs status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Two-Wheeler Spark Plugs manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Two-Wheeler Spark Plugs :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Two-Wheeler Spark Plugs market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.