Automotive Aftermarket for Spark Plugs will register a CAGR of 1.78 % during 2020–2024. The market’s growth momentum will Accelerate.
increase in the parc vehicles will be one of the major factors driving the growth of this market. Additionally, key Automotive Aftermarket for Spark Plugs trends such as the development of better designed spark plugs for GDI engines will also influence market growth during the forecast period.
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Automotive Aftermarket for Spark Plugs Size
During the forecast period, the Automotive Aftermarket for Spark Plugs size will grow by $ 115.00 mn.
Automotive Aftermarket for Spark Plugs : Vendors
The market is concentrated and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Automotive Aftermarket for Spark Plugs. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the development of super-efficient engines without spark plug will also challenge the growth of the companies.
Delphi Technologies Plc | DENSO Corp. | Fram Group | General Motors Co. | HELLA GmbH & Co. KGaA | Magneti Marelli After Market Parts and Services Spa | NGK SPARK PLUG Co. Ltd. | Robert Bosch GmbH | Valeo SA | WeiChai Holding Group Co. Ltd..list
are some of the companies covered in Technavio’s Automotive Aftermarket for Spark Plugs report for 2021–2025.
Automotive Aftermarket for Spark Plugs : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Automotive Aftermarket for Spark Plugs.
The APAC will account for the largest Automotive Aftermarket for Spark Plugs share and during 2021–2025, the region will contribute to 78% of the market’s growth.
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