Global Two-Wheeler Spark Plugs Market Professional Survey Report 2019
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.
The global Two-Wheeler Spark Plugs market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Two-Wheeler Spark Plugs volume and value at global level, regional level and company level. From a global perspective, this report represents overall Two-Wheeler Spark Plugs market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Two-Wheeler Spark Plugs in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Two-Wheeler Spark Plugs manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Bosch
Denso
Valeo
NGK Spark Plugs
Federal- Mogul
Magneti Marelli
Champion
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Nickel Alloy
Silver Alloy
Platinum Alloy
Others
Segment by Application
Commuter Segment
Luxury Segment
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.
The global Two-Wheeler Spark Plugs market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Two-Wheeler Spark Plugs volume and value at global level, regional level and company level. From a global perspective, this report represents overall Two-Wheeler Spark Plugs market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Two-Wheeler Spark Plugs in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Two-Wheeler Spark Plugs manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Bosch
Denso
Valeo
NGK Spark Plugs
Federal- Mogul
Magneti Marelli
Champion
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Nickel Alloy
Silver Alloy
Platinum Alloy
Others
Segment by Application
Commuter Segment
Luxury Segment
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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