Global Spark Plug Market by Materials, Types, Applications, and Regions— Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The Global Spark Plug Market is valued to reach USD .5 billion by 2025, growing at CAGR of 5.2% over the forecast period 2020–2026. The key factors driving the market are rapid expansion in the automotive industry, rise in number of petrol-based generators and increasing preference for dual-fuel option passenger vehicles.

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A spark plug is an electrical device threaded into the cylinder of spark ignition engine. It produces a spark at the required time to ignite the combustible air-fuel mixture in the cylinder bore. A spark plug encompasses electrodes, insulator, resistance, and shell. When an engine is operational, high tension current flows through the central electrodes. Presently available spark plug is designed to deliver powerful ignition spark ranging between 500 and 3500. The temperature at the tip of the plug can be from 500 to 800 degrees C.Market Trends, Drivers, Restraints and Opportunity:

Increasing demand and production of the automotive vehicles and rising usage of fuel-based boats, jets, and generators, jets are fueling the market growth. Implementation of rigid regulations by governments and regulatory authorities on emissions is boosting market growth.
Rising number of cruise ships is increasing the demand for marine engines this is anticipated to propel the growth of the market.
Growing trend of engine downsizing and surging demand for electric vehicles are expected to impede market growth.

Scope of the Report

The report on the global spark plug market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.