| Product Code: ETC4576225 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India spark plugs market import shipment demonstrated robust growth from 2020 to 2024, as indicated by a significant CAGR of 36.4%. The market maintained momentum with a growth rate of 23.8% in the period between 2023 and 2024, showing a steady expansion trend without signs of slowing down.
The India spark plugs market is crucial for the efficient operation of internal combustion engines. Spark plugs play a vital role in igniting the air-fuel mixture in the engine cylinders, impacting engine performance and emissions. With the expansion of the India automotive industry, there is a growing demand for high-quality spark plugs. The market is characterized by innovations in spark plug technology to enhance combustion efficiency and durability. As consumers seek improved fuel efficiency and reduced emissions, the spark plugs market is expected to play a significant role in achieving these objectives.
The spark plugs market in India is driven by the expanding automotive industry and the need for efficient combustion in internal combustion engines. As vehicles become more fuel-efficient and environmentally friendly, high-performance spark plugs are in demand.
Challenges in the spark plugs market include adapting to changing engine technologies and emission standards while providing reliable ignition solutions.
The spark plugs market in India saw a temporary setback during the COVID-19 pandemic as the automotive industry faced reduced demand and production. With the gradual recovery of the automotive sector, the spark plug market is anticipated to pick up pace, especially with the shift towards more efficient and environmentally friendly spark plug technologies.
In the spark plugs market, prominent companies are NGK Spark Plugs, Bosch India, and Denso India. They supply spark plugs for ignition systems in vehicles.
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 India Spark Plugs Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Spark Plugs Market Revenues & Volume, 2021 & 2031F |
3.3 India Spark Plugs Market - Industry Life Cycle |
3.4 India Spark Plugs Market - Porter's Five Forces |
3.5 India Spark Plugs Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 India Spark Plugs Market Revenues & Volume Share, By Engine Cylinder Layout Type, 2021 & 2031F |
3.7 India Spark Plugs Market Revenues & Volume Share, By Market Type, 2021 & 2031F |
3.8 India Spark Plugs Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Spark Plugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobiles in India |
4.2.2 Growing focus on fuel efficiency and emission control regulations |
4.2.3 Technological advancements leading to better performing spark plugs |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials |
4.3.2 Competition from alternative technologies like electric vehicles |
4.3.3 Economic fluctuations impacting consumer spending on automotive maintenance |
5 India Spark Plugs Market Trends |
6 India Spark Plugs Market, By Types |
6.1 India Spark Plugs Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 India Spark Plugs Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 India Spark Plugs Market Revenues & Volume, By Spark Plugs, 2021-2031F |
6.1.4 India Spark Plugs Market Revenues & Volume, By Glow Plug, 2021-2031F |
6.2 India Spark Plugs Market, By Engine Cylinder Layout Type |
6.2.1 Overview and Analysis |
6.2.2 India Spark Plugs Market Revenues & Volume, By L3, 2021-2031F |
6.2.3 India Spark Plugs Market Revenues & Volume, By L4, 2021-2031F |
6.2.4 India Spark Plugs Market Revenues & Volume, By L5, 2021-2031F |
6.2.5 India Spark Plugs Market Revenues & Volume, By L6, 2021-2031F |
6.2.6 India Spark Plugs Market Revenues & Volume, By V6, 2021-2031F |
6.2.7 India Spark Plugs Market Revenues & Volume, By H6, 2021-2031F |
6.2.8 India Spark Plugs Market Revenues & Volume, By V10, 2021-2031F |
6.2.9 India Spark Plugs Market Revenues & Volume, By V10, 2021-2031F |
6.3 India Spark Plugs Market, By Market Type |
6.3.1 Overview and Analysis |
6.3.2 India Spark Plugs Market Revenues & Volume, By OE, 2021-2031F |
6.3.3 India Spark Plugs Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 India Spark Plugs Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 India Spark Plugs Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.3 India Spark Plugs Market Revenues & Volume, By Light Commercial Vehicles (LCV), 2021-2031F |
6.4.4 India Spark Plugs Market Revenues & Volume, By Heavy Commercial Vehicles (HCV), 2021-2031F |
7 India Spark Plugs Market Import-Export Trade Statistics |
7.1 India Spark Plugs Market Export to Major Countries |
7.2 India Spark Plugs Market Imports from Major Countries |
8 India Spark Plugs Market Key Performance Indicators |
8.1 Number of vehicles in operation in India |
8.2 Adoption rate of advanced spark plug technologies |
8.3 Average age of vehicles in India |
8.4 Frequency of spark plug replacements |
8.5 Number of automotive manufacturers using high-performance spark plugs |
9 India Spark Plugs Market - Opportunity Assessment |
9.1 India Spark Plugs Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 India Spark Plugs Market Opportunity Assessment, By Engine Cylinder Layout Type, 2021 & 2031F |
9.3 India Spark Plugs Market Opportunity Assessment, By Market Type, 2021 & 2031F |
9.4 India Spark Plugs Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Spark Plugs Market - Competitive Landscape |
10.1 India Spark Plugs Market Revenue Share, By Companies, 2024 |
10.2 India Spark Plugs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |