Market Forecast By Type (Coil-on-plug, Distributor based, Distributor less, Others ), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Sales Channel (OEM, Aftermarket) And Competitive Landscape
Product Code: ETC257821 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
USA Automotive Ignition Coil market currently, in 2023, has witnessed an HHI of 1953, Which has decreased slightly as compared to the HHI of 1970 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United States (US) Automotive Ignition Coil Market size is anticipated to propel more during the period. Automotive ignition coils are essential components in internal combustion engines, responsible for converting the battery`s low voltage into high voltage to ignite the fuel-air mixture in the engine`s cylinders. They play a crucial role in the ignition system`s efficiency and overall engine performance.
The demand for automotive ignition coils is directly linked to the growth of the automotive industry, which includes passenger cars, commercial vehicles, and off-road vehicles. Rising global vehicle production, driven by population growth, urbanization, and improving economic conditions, contributes to the demand for automotive ignition coils. While electric vehicles do not require traditional ignition coils, the market shift toward electric vehicles is creating new opportunities for ignition systems and components specific to electric powertrains. Stricter emission regulations and fuel efficiency requirements prompt automakers to invest in advanced ignition systems, including ignition coils to optimize engine performance.
The ongoing shift toward electric vehicles poses a challenge for traditional automotive ignition coil manufacturers as the demand for these components may decline in the long term. The automotive industry is highly price-sensitive, and manufacturers face intense competition, which can affect profit margins and market share. Moreover, ignition coils are critical components for engine performance and reliability, so manufacturers must meet high-quality standards to ensure long-term durability and customer satisfaction.
The COVID-19 pandemic has significantly impacted the automotive industry, including the automotive ignition coil market. The pandemic has resulted in disruptions in global supply chains, production halts, reduced consumer demand, and economic uncertainties. These factors have influenced the automotive ignition coil market, including delayed vehicle production and fluctuations in aftermarket sales.
Some prominent companies in the automotive ignition coil market include Delphi Technologies, Denso Corporation, Robert Bosch GmbH, Hitachi Automotive Systems, Federal-Mogul Holdings LLC (Tenneco Inc.), NGK Spark Plug Co., Ltd., Diamond Electric Mfg. Co., Ltd., Standard Motor Products, Inc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Automotive Ignition Coil Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Automotive Ignition Coil Market Revenues & Volume, 2021 & 2028F |
3.3 United States (US) Automotive Ignition Coil Market - Industry Life Cycle |
3.4 United States (US) Automotive Ignition Coil Market - Porter's Five Forces |
3.5 United States (US) Automotive Ignition Coil Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 United States (US) Automotive Ignition Coil Market Revenues & Volume Share, By Vehicle Type, 2021 & 2028F |
3.7 United States (US) Automotive Ignition Coil Market Revenues & Volume Share, By Sales Channel, 2021 & 2028F |
4 United States (US) Automotive Ignition Coil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Automotive Ignition Coil Market Trends |
6 United States (US) Automotive Ignition Coil Market, By Types |
6.1 United States (US) Automotive Ignition Coil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Automotive Ignition Coil Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 United States (US) Automotive Ignition Coil Market Revenues & Volume, By Coil-on-plug, 2018 - 2028F |
6.1.4 United States (US) Automotive Ignition Coil Market Revenues & Volume, By Distributor based, 2018 - 2028F |
6.1.5 United States (US) Automotive Ignition Coil Market Revenues & Volume, By Distributor less, 2018 - 2028F |
6.1.6 United States (US) Automotive Ignition Coil Market Revenues & Volume, By Others , 2018 - 2028F |
6.2 United States (US) Automotive Ignition Coil Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Automotive Ignition Coil Market Revenues & Volume, By Passenger Cars, 2018 - 2028F |
6.2.3 United States (US) Automotive Ignition Coil Market Revenues & Volume, By Commercial Vehicles, 2018 - 2028F |
6.3 United States (US) Automotive Ignition Coil Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Automotive Ignition Coil Market Revenues & Volume, By OEM, 2018 - 2028F |
6.3.3 United States (US) Automotive Ignition Coil Market Revenues & Volume, By Aftermarket, 2018 - 2028F |
7 United States (US) Automotive Ignition Coil Market Import-Export Trade Statistics |
7.1 United States (US) Automotive Ignition Coil Market Export to Major Countries |
7.2 United States (US) Automotive Ignition Coil Market Imports from Major Countries |
8 United States (US) Automotive Ignition Coil Market Key Performance Indicators |
9 United States (US) Automotive Ignition Coil Market - Opportunity Assessment |
9.1 United States (US) Automotive Ignition Coil Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 United States (US) Automotive Ignition Coil Market Opportunity Assessment, By Vehicle Type, 2021 & 2028F |
9.3 United States (US) Automotive Ignition Coil Market Opportunity Assessment, By Sales Channel, 2021 & 2028F |
10 United States (US) Automotive Ignition Coil Market - Competitive Landscape |
10.1 United States (US) Automotive Ignition Coil Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Automotive Ignition Coil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |