Automotive
July 26, 2019

Automotive Ignition System Market

The automotive ignition system comprises of an ignition circuit which supplies high voltage surges to the spark plugs in the engine cylinders. These surges produce electric sparks across the spark plug gaps. Heat generated from spark ignites the compressed air-fuel mixture in the combustion chamber. Although there are various types of ignition systems available in the market today, most can be placed in one of three groups: Conventional Breaker-Point Ignition, Electronic Ignition; or a newer type the Distributorless Ignition, which is fast becoming the most popular ignition system. Modern day vehicles use an engine control module (ECM) to control ignition systems that use designs such as coil-on-plug to distribute power to each cylinder. The global market for automotive ignition system is projected to grow at a CAGR of 9.07% from 2014 to 2019. For the ignition system market, the simultaneous ignition type was estimated to have the market share of about 43%, in terms of value, in 2014.

The report segments the market by engine type (gasoline & diesel), ignition type (coil-on-plug, simultaneous & compression ignition system), & region and sizes in revenue ($million) as well as volume (thousand units) for aforesaid segments. It covers Porter’s Five Forces Analysis and value chain of the global Ignition System market for gasoline engines. It contains qualitative data about drivers, restraints and opportunities presented by the global Ignition System market.

The ignition system which is used in all transportation applications forms an integral component to provide the starting power to the electrical and mechanical components used in these applications. Automotive ignition systems continued to evolve from the 1950’s, the automobile manufacturers began to use semiconductor devices the predecessors of today’s electronic components as standard equipment. Transistorized ignition was the first step in this direction, and was followed by a variant in which the mechanical contact was replaced by an electronic pulse generator, known as the Hall generator. Today, the high voltage is commonly generated by individual coils, which transmit power directly to the spark plugs.

U.S. new-car sales have been rising as a consequence of improving economy, generous incentive spending and increased demand for trucks and sport-utilities have lifted the annualized selling pace to an unprecedented high. Robust manufacturing, new housing strength and rising employment have been seen as the reasons for continued optimism. Western Europe car sales are expected to recover from the long slump with a two or three per cent gain in medium term. However, the torrid period since the global financial crash has seen the disappearance of more than 2-1/2 million sales every year in Western Europe. Asia-Oceania and North America are growing at a good pace owing to the increase in automotive production and demand for vehicles in these regions. Increase in purchasing power and low penetration of automobiles in emerging nations such as China, Brazil and India has resulted in an increase in demand for personal transportation. Asia-Oceania is estimated to be the largest market for ignition systems and is projected to grow at a highest rate from 2014 to 2019.

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https://www.marketsandmarkets.com/Market-Reports/lidar-sensor-automotive-market-34875060.html