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Global Automotive Glow Plug Market – By Type (Metal Glow Plugs and Ceramic Glow Plugs) and By Application (Passenger Cars, HCVs and LCVs): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026

  • Publish On: Feb-2020
  • Total Pages: 110
  • Report Code: FAF-496
  • Base Year: 2019
  • Format:

Industry Insights

This professional and specialized report study examines the technical and business perspective of the automotive glow plug industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the automotive glow plug market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall automotive glow plug market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforcedby analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the automotive glow plug market in our study.Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the automotive glow plug market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the automotive glow plug market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the automotive glow plug market.

The research study provides a critical assessment of the automotive glow plug industry by logically segmenting the market on the basis of type, applicationand regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the automotive glow plug industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Glow plug is needed to provide fuel / air combination ignition comparable to a gasoline engine spark plug. With an engine running on Gasoline, though, glow plugs cannot be used. Since there is no spark to ignite the petrol, it is therefore difficult for a diesel engine to start particularly in cold weather so for easier starting, diesel engines are often fitted with glow plugs.These glow plugs have a small wire part which becomes red-hot when attached to an electrical source and the battery heats the glow plugs and heats the fuel further as it reaches the cylinders due to preheating of the fuel lowers its ignition point to increase the starting point.Glow plugs are also responsible for rising friction, disturbance, and smoke pollution in diesel engines to ensure better drivability in cold weather, consistent with national standards as well as other regulations.

Increasing fuel costs and strict automotive emission standards are causing a change in consumer preference for passenger cars fuelled by diesel engines resulting in increased demand for the glow plug.Long-term business contracts with OEMs from fire & glow plugs suppliers help them cut production costs and upsurge profit margins, as well as protect them from raw material price fluctuations.Nonetheless, rising demand for electric vehicles is expected to hinder the growth of the global automotive glow plugs market during the forecast period due to increasing environmental awareness, fluctuating fuel prices and continued tendency towards engine downsizing.

Based on type, the market is segmented into  Metal Glow Plugs and Ceramic Glow Plugs. The ceramic glow plug market is projected to grow during the forecast period at a comparatively higher pace of CAGR based on product type. Growth in this segment is driven primarily by rising demand for diesel engines in developing countries like China, Mexico and Brazil. Based on application, the market is segmented into Passenger Cars, HCVs, LCVs.

Some of the essential players operating in the automotive glow plug market, but not restricted to include BorgWarner, Bosch, Denso, NGK, Hidria, Hyundai Mobis, Federal-Mogul, MagnetiMarelli, Autolite, Kyocera, DieselRx, Wenzhou Bolin, Chognqing Le-Mark among others.

The taxonomy of the automotive glow plug industry by its scope and segmentation is as follows:

Global Automotive Glow Plug Market: By Type Segmentation Analysis

  • Metal Glow Plugs 
  • Ceramic Glow Plugs 

Global Automotive Glow Plug Market: By Application Segmentation Analysis

  • Passenger Cars
  • HCVs
  • LCVs

Global Automotive Glow Plug Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

  • Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
  • Direct and Indirect Rationales Impacting the Industry
  • In-depth and Micro Analysis of Viable Segments and Sub-segments
  • Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
  • Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
  • Key Buyers and End-Users Analysis
  • Value Chain and Manufacturing Cost Structure Analysis wherever relevant
  • Key Marketing Strategies as well as Key Sales Channels adopted in the market
  • Investment Opportunity Analysis & Patents Analysis wherever feasible
  • Technological Road Map & Technical Analysis
  • Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Automotive Glow Plug market – Type Analysis
    1. 2.1. Global Automotive Glow Plug Market – Type Overview
    2. 2.2. Global Automotive Glow Plug Market Share, by Type , 2018 & 2025 (USD Million)
    3. 2.3. Metal Glow Plugs
      1. 2.3.1. Global Metal Glow Plugs Automotive Glow Plug Market, 2016-2026 (USD Million)
    4. 2.4. Ceramic Glow Plugs
      1. 2.4.1. Global Ceramic Glow Plugs Automotive Glow Plug Market, 2016-2026 (USD Million)
  3. CHAPTER 3. Automotive Glow Plug market – Application Analysis
    1. 3.1. Global Automotive Glow Plug Market – Application Overview
    2. 3.2. Global Automotive Glow Plug Market Share, by Application , 2018 & 2025 (USD Million)
    3. 3.3. Passenger Cars
      1. 3.3.1. Global Passenger Cars Automotive Glow Plug Market, 2016-2026 (USD Million)
    4. 3.4. HCVs
      1. 3.4.1. Global HCVs Automotive Glow Plug Market, 2016-2026 (USD Million)
    5. 3.5. LCVs
      1. 3.5.1. Global LCVs Automotive Glow Plug Market, 2016-2026 (USD Million)
  4. CHAPTER 4. Automotive Glow Plug market – Regional Analysis
    1. 4.1. Global Automotive Glow Plug Market Regional Overview
    2. 4.2. Global Automotive Glow Plug Market Share, by Region, 2018 & 2025 (Value)
    3. 4.3. North America
      1. 4.3.1. North America Automotive Glow Plug Market size and forecast, 2016-2026
      2. 4.3.2. North America Automotive Glow Plug Market, by Country, 2018 & 2025 (USD Million)
      3. 4.3.3. North America Automotive Glow Plug Market, by Type , 2016-2026
        1. 4.3.3.1. North America Automotive Glow Plug Market, by Type , 2016-2026 (USD Million)
      4. 4.3.4. North America Automotive Glow Plug Market, by Application , 2016-2026
        1. 4.3.4.1. North America Automotive Glow Plug Market, by Application , 2016-2026 (USD Million)
      5. 4.3.5. U.S.
        1. 4.3.5.1. U.S. Market size and forecast, 2016-2026 (USD Million)
      6. 4.3.6. Canada
        1. 4.3.6.1. Canada Market size and forecast, 2016-2026 (USD Million)
    4. 4.4. Europe
      1. 4.4.1. Europe Automotive Glow Plug Market size and forecast, 2016-2026
      2. 4.4.2. Europe Automotive Glow Plug Market, by Country, 2018 & 2025 (USD Million)
      3. 4.4.3. Europe Automotive Glow Plug Market, by Type , 2016-2026
        1. 4.4.3.1. Europe Automotive Glow Plug Market, by Type , 2016-2026 (USD Million)
      4. 4.4.4. Europe Automotive Glow Plug Market, by Application , 2016-2026
        1. 4.4.4.1. Europe Automotive Glow Plug Market, by Application , 2016-2026 (USD Million)
      5. 4.4.5. Germany
        1. 4.4.5.1. Germany Market size and forecast, 2016-2026 (USD Million)
      6. 4.4.6. France
        1. 4.4.6.1. France Market size and forecast, 2016-2026 (USD Million)
      7. 4.4.7. U.K.
        1. 4.4.7.1. U.K. Market size and forecast, 2016-2026 (USD Million)
      8. 4.4.8. Italy
        1. 4.4.8.1. Italy Market size and forecast, 2016-2026 (USD Million)
      9. 4.4.9. Spain
        1. 4.4.9.1. Spain Market size and forecast, 2016-2026 (USD Million)
      10. 4.4.10. Rest of Europe
        1. 4.4.10.1. Rest of Europe Market size and forecast, 2016-2026 (USD Million)
    5. 4.5. Asia Pacific
      1. 4.5.1. Asia Pacific Automotive Glow Plug Market size and forecast, 2016-2026
      2. 4.5.2. Asia Pacific Automotive Glow Plug Market, by Country, 2018 & 2025 (USD Million)
      3. 4.5.3. Asia Pacific Automotive Glow Plug Market, by Type , 2016-2026
        1. 4.5.3.1. Asia Pacific Automotive Glow Plug Market, by Type , 2016-2026 (USD Million)
      4. 4.5.4. Asia Pacific Automotive Glow Plug Market, by Application , 2016-2026
        1. 4.5.4.1. Asia Pacific Automotive Glow Plug Market, by Application , 2016-2026 (USD Million)
      5. 4.5.5. China
        1. 4.5.5.1. China Market size and forecast, 2016-2026 (USD Million)
      6. 4.5.6. Japan
        1. 4.5.6.1. Japan Market size and forecast, 2016-2026 (USD Million)
      7. 4.5.7. India
        1. 4.5.7.1. India Market size and forecast, 2016-2026 (USD Million)
      8. 4.5.8. South Korea
        1. 4.5.8.1. South Korea Market size and forecast, 2016-2026 (USD Million)
      9. 4.5.9. South-East Asia
        1. 4.5.9.1. South-East Asia Market size and forecast, 2016-2026 (USD Million)
      10. 4.5.10. Rest of Asia Pacific
        1. 4.5.10.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Million)
    6. 4.6. Latin America
      1. 4.6.1. Latin America Automotive Glow Plug Market size and forecast, 2016-2026
      2. 4.6.2. Latin America Automotive Glow Plug Market, by Country, 2018 & 2025 (USD Million)
      3. 4.6.3. Latin America Automotive Glow Plug Market, by Type , 2016-2026
        1. 4.6.3.1. Latin America Automotive Glow Plug Market, by Type , 2016-2026 (USD Million)
      4. 4.6.4. Latin America Automotive Glow Plug Market, by Application , 2016-2026
        1. 4.6.4.1. Latin America Automotive Glow Plug Market, by Application , 2016-2026 (USD Million)
      5. 4.6.5. Brazil
        1. 4.6.5.1. Brazil Market size and forecast, 2016-2026 (USD Million)
      6. 4.6.6. Mexico
        1. 4.6.6.1. Mexico Market size and forecast, 2016-2026 (USD Million)
      7. 4.6.7. Rest of Latin America
        1. 4.6.7.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Million)
    7. 4.7. The Middle-East and Africa
      1. 4.7.1. The Middle-East and Africa Automotive Glow Plug Market size and forecast, 2016-2026
      2. 4.7.2. The Middle-East and Africa Automotive Glow Plug Market, by Country, 2018 & 2025 (USD Million)
      3. 4.7.3. The Middle-East and Africa Automotive Glow Plug Market, by Type , 2016-2026
        1. 4.7.3.1. The Middle-East and Africa Automotive Glow Plug Market, by Type , 2016-2026 (USD Million)
      4. 4.7.4. The Middle-East and Africa Automotive Glow Plug Market, by Application , 2016-2026
        1. 4.7.4.1. The Middle-East and Africa Automotive Glow Plug Market, by Application , 2016-2026 (USD Million)
      5. 4.7.5. GCC Countries
        1. 4.7.5.1. GCC Countries Market size and forecast, 2016-2026 (USD Million)
      6. 4.7.6. South Africa
        1. 4.7.6.1. South Africa Market size and forecast, 2016-2026 (USD Million)
      7. 4.7.7. Rest of Middle-East Africa
        1. 4.7.7.1. Rest of Middle-East Africa Market size and forecast, 2016-2026 (USD Million)
  5. CHAPTER 5. Automotive Glow Plug market – Competitive Landscape
    1. 5.1. Competitor Market Share – Revenue
    2. 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 5.3. Strategic Development
      1. 5.3.1. Acquisitions and Mergers
      2. 5.3.2. New Products
      3. 5.3.3. Research & Development Activities
  6. CHAPTER 6. Company Profiles
    1. 6.1. BorgWarner
      1. 6.1.1. Company Overview
      2. 6.1.2. BorgWarner Revenue and Gross Margin
      3. 6.1.3. Product portfolio
      4. 6.1.4. Recent initiatives
    2. 6.2. Bosch
      1. 6.2.1. Company Overview
      2. 6.2.2. Bosch Revenue and Gross Margin
      3. 6.2.3. Product portfolio
      4. 6.2.4. Recent initiatives
    3. 6.3. Denso
      1. 6.3.1. Company Overview
      2. 6.3.2. Denso Revenue and Gross Margin
      3. 6.3.3. Product portfolio
      4. 6.3.4. Recent initiatives
    4. 6.4. NGK
      1. 6.4.1. Company Overview
      2. 6.4.2. NGK Revenue and Gross Margin
      3. 6.4.3. Product portfolio
      4. 6.4.4. Recent initiatives
    5. 6.5. Hidria
      1. 6.5.1. Company Overview
      2. 6.5.2. Hidria Revenue and Gross Margin
      3. 6.5.3. Product portfolio
      4. 6.5.4. Recent initiatives
    6. 6.6. Hyundai Mobis
      1. 6.6.1. Company Overview
      2. 6.6.2. Hyundai Mobis Revenue and Gross Margin
      3. 6.6.3. Product portfolio
      4. 6.6.4. Recent initiatives
    7. 6.7. Federal-Mogul
      1. 6.7.1. Company Overview
      2. 6.7.2. Federal-Mogul Revenue and Gross Margin
      3. 6.7.3. Product portfolio
      4. 6.7.4. Recent initiatives
    8. 6.8. Magneti Marelli
      1. 6.8.1. Company Overview
      2. 6.8.2. Magneti Marelli Revenue and Gross Margin
      3. 6.8.3. Product portfolio
      4. 6.8.4. Recent initiatives
    9. 6.9. Autolite
      1. 6.9.1. Company Overview
      2. 6.9.2. Autolite Revenue and Gross Margin
      3. 6.9.3. Product portfolio
      4. 6.9.4. Recent initiatives
    10. 6.10. Kyocera
      1. 6.10.1. Company Overview
      2. 6.10.2. Kyocera Revenue and Gross Margin
      3. 6.10.3. Product portfolio
      4. 6.10.4. Recent initiatives
    11. 6.11. DieselRx
      1. 6.11.1. Company Overview
      2. 6.11.2. DieselRx Revenue and Gross Margin
      3. 6.11.3. Product portfolio
      4. 6.11.4. Recent initiatives
    12. 6.12. Wenzhou Bolin
      1. 6.12.1. Company Overview
      2. 6.12.2. Wenzhou Bolin Revenue and Gross Margin
      3. 6.12.3. Product portfolio
      4. 6.12.4. Recent initiatives
    13. 6.13. Chognqing Le-Mark
      1. 6.13.1. Company Overview
      2. 6.13.2. Chognqing Le-Mark Revenue and Gross Margin
      3. 6.13.3. Product portfolio
      4. 6.13.4. Recent initiatives
  7. CHAPTER 7. Automotive Glow Plug — Industry Analysis
    1. 7.1. Automotive Glow Plug Market – Key Trends
      1. 7.1.1. Market Drivers
      2. 7.1.2. Market Restraints
      3. 7.1.3. Market Opportunities
    2. 7.2. Value Chain Analysis
    3. 7.3. Technology Roadmap and Timeline
    4. 7.4. Automotive Glow Plug Market – Attractiveness Analysis
      1. 7.4.1. By Type
      2. 7.4.2. By Application
      3. 7.4.3. By Region
  8. CHAPTER 8. Marketing Strategy Analysis, Distributors
    1. 8.1. Marketing Channel
    2. 8.2. Direct Marketing
    3. 8.3. Indirect Marketing
    4. 8.4. Marketing Channel Development Trend
    5. 8.5. Economic/Political Environmental Change
  9. CHAPTER 9. Report Conclusion
  10. CHAPTER 10. Research Approach & Methodology
    1. 10.1. Report Description
    2. 10.2. Research Scope
    3. 10.3. Research Methodology
      1. 10.3.1. Secondary Research
      2. 10.3.2. Primary Research
      3. 10.3.3. Models
        1. 10.3.3.1. Company Share Analysis Model
        2. 10.3.3.2. Revenue Based Modeling
        3. 10.3.3.3. Research Limitations

        List of Figures

        FIG. 1 Global Automotive Glow Plug  Market, 2016-2026 (USD Million)
        FIG. 2 Global Automotive Glow Plug  Market Share, by Type , 2018 & 2025 (USD Million)
        FIG. 3 Global Metal Glow Plugs   Automotive Glow Plug  Market, 2016-2026 (USD Million)
        FIG. 4 Global Ceramic Glow Plugs   Automotive Glow Plug  Market, 2016-2026 (USD Million)
        FIG. 5 Global Automotive Glow Plug  Market Share, by Application , 2018 & 2025 (USD Million)
        FIG. 6 Global Passenger Cars  Automotive Glow Plug  Market, 2016-2026 (USD Million)
        FIG. 7 Global HCVs  Automotive Glow Plug  Market, 2016-2026 (USD Million)
        FIG. 8 Global LCVs Automotive Glow Plug  Market, 2016-2026 (USD Million)
        FIG. 9 Global Automotive Glow Plug  Market Share, by Region, 2018 & 2025
        FIG. 10 North America Automotive Glow Plug  Market, 2016-2026
        FIG. 11 U.S. Automotive Glow Plug  Market, 2016-2026
        FIG. 12 Canada Automotive Glow Plug  Market, 2016-2026
        FIG. 13 Europe Automotive Glow Plug  Market, 2016-2026
        FIG. 14 Germany Automotive Glow Plug  Market, 2016-2026
        FIG. 15 France Automotive Glow Plug  Market, 2016-2026
        FIG. 16 U.K. Automotive Glow Plug  Market, 2016-2026
        FIG. 17 Italy Automotive Glow Plug  Market, 2016-2026
        FIG. 18 Spain Automotive Glow Plug  Market, 2016-2026
        FIG. 19 Rest of Europe Automotive Glow Plug  Market, 2016-2026
        FIG. 20 Asia Pacific Automotive Glow Plug  Market, 2016-2026
        FIG. 21 China Automotive Glow Plug  Market, 2016-2026
        FIG. 22 Japan Automotive Glow Plug  Market, 2016-2026
        FIG. 23 India Automotive Glow Plug  Market, 2016-2026
        FIG. 24 South  Korea Automotive Glow Plug  Market, 2016-2026
        FIG. 25 South-East Asia Automotive Glow Plug  Market, 2016-2026
        FIG. 26 Rest of Asia Pacific Automotive Glow Plug  Market, 2016-2026
        FIG. 27 Latin America Automotive Glow Plug  Market, 2016-2026
        FIG. 28 Brazil Automotive Glow Plug  Market, 2016-2026
        FIG. 29 Mexico Automotive Glow Plug  Market, 2016-2026
        FIG. 30 Rest of Latin America Automotive Glow Plug  Market, 2016-2026
        FIG. 31 The Middle-East and Africa Automotive Glow Plug  Market, 2016-2026
        FIG. 32 GCC Countries Automotive Glow Plug  Market, 2016-2026
        FIG. 33 South Africa Automotive Glow Plug  Market, 2016-2026
        FIG. 34 Rest of Middle-East Africa Automotive Glow Plug  Market, 2016-2026
        FIG. 35 Competitor Market Share – Revenue
        FIG. 36 BorgWarner Revenue and Growth Rate
        FIG. 37 BorgWarner Market Share
        FIG. 38 Bosch Revenue and Growth Rate
        FIG. 39 Bosch Market Share
        FIG. 40 Denso Revenue and Growth Rate
        FIG. 41 Denso Market Share
        FIG. 42 NGK Revenue and Growth Rate
        FIG. 43 NGK Market Share
        FIG. 44 Hidria Revenue and Growth Rate
        FIG. 45 Hidria Market Share
        FIG. 46 Hyundai Mobis Revenue and Growth Rate
        FIG. 47 Hyundai Mobis Market Share
        FIG. 48 Federal-Mogul Revenue and Growth Rate
        FIG. 49 Federal-Mogul Market Share
        FIG. 50 Magneti Marelli Revenue and Growth Rate
        FIG. 51 Magneti Marelli Market Share
        FIG. 52 Autolite Revenue and Growth Rate
        FIG. 53 Autolite Market Share
        FIG. 54 Kyocera Revenue and Growth Rate
        FIG. 55 Kyocera Market Share
        FIG. 56 DieselRx Revenue and Growth Rate
        FIG. 57 DieselRx Market Share
        FIG. 58 Wenzhou Bolin Revenue and Growth Rate
        FIG. 59 Wenzhou Bolin Market Share
        FIG. 60 Chognqing Le-Mark Revenue and Growth Rate
        FIG. 61 Chognqing Le-Mark Market Share
        FIG. 62 Market Dynamics
        FIG. 63 Global Automotive Glow Plug  – Value Chain Analysis
        FIG. 64 Technology Roadmap and Timeline
        FIG. 65 Market Attractiveness Analysis – By Type
        FIG. 66 Market Attractiveness Analysis – By Application
        FIG. 67 Market Attractiveness Analysis – By Region
        FIG. 68 Market Channel
        FIG. 69 Marketing Channel Development Trend
        FIG. 70 Growth in World Gross Product, 2008-2018


        List of Tables

        TABLE 1 Global Automotive Glow Plug  Market, 2018 & 2025 (USD Million)
        TABLE 2 Global Automotive Glow Plug  market, by Type , 2016-2026 (USD Million)
        TABLE 3 Global Automotive Glow Plug  market, by Application , 2016-2026 (USD Million)
        TABLE 4 Global Automotive Glow Plug  market, by Region, 2016-2026 (USD Million)
        TABLE 5 North America Automotive Glow Plug  Market, by Type , 2016-2026 (USD Million)
        TABLE 6 North America Automotive Glow Plug  Market, by Application , 2016-2026 (USD Million)
        TABLE 7 Europe Automotive Glow Plug  Market, by Type , 2016-2026 (USD Million)
        TABLE 8 Europe Automotive Glow Plug  Market, by Application , 2016-2026 (USD Million)
        TABLE 9 Asia Pacific Automotive Glow Plug  Market, by Type , 2016-2026 (USD Million)
        TABLE 10 Asia Pacific Automotive Glow Plug  Market, by Application , 2016-2026 (USD Million)
        TABLE 11 Latin America Automotive Glow Plug  Market, by Type , 2016-2026 (USD Million)
        TABLE 12 Latin America Automotive Glow Plug  Market, by Application , 2016-2026 (USD Million)
        TABLE 13 The Middle-East and Africa Automotive Glow Plug  Market, by Type , 2016-2026 (USD Million)
        TABLE 14 The Middle-East and Africa Automotive Glow Plug  Market, by Application , 2016-2026 (USD Million)
        TABLE 15 Global Automotive Glow Plug  Market - Company Revenue Analysis 2016-2019 (USD Million)
        TABLE 16 Global Automotive Glow Plug  Market - Company Revenue Share Analysis 2016-2019
        TABLE 17 Acquisitions and Mergers
        TABLE 18 New Product/Service Launch
        TABLE 19 Research & Development Activities
        TABLE 20 Market Drivers
        TABLE 21 Market Restraints
        TABLE 22 Market Opportunities

Key Insights from Primary Research

  • Our primary respondents believed the market to witness a steady growth of 3% over the forecast period on account of rising passenger traffic coupled with supportive governmental policies especially across some Asian and European countries.
  • Some of the CXOs predict the aftermarket segment to maintain its dominance throughout 2026 due to increasing number of local and third party vendors offering cost-effective and durable products than OEMs. However, they also conveyed that OEMs are now partnering with local and domestic players to increase their goodwill in the ever competitive market ecosystem.
  • Some of the product managers interviewed in Asia-Pacific revealed that the third party sales channel is expected to generate considerable revenues for the automotive glow plug industry. Reason being the increasing number of local vendors opting to serve larger contracts coupled with easy availability of raw materials.
  • Regionally, Asia-Pacific region is expected to boost the global automotive glow plug market. Some of the interviewees said that their future plans are to focus majorly on catering the railway authorities of China and India. They believe that the Chinese and Indian automotive industries are expected to continue witnessing significant growths on account of the ever increasing population and increasing demand for efficient and comfortable transit.
  • The automotive and mechanical subject matter experts suggest to invest in R&D activities to come up with newer, cheaper and more efficient glow plugs. They believe that these advanced systems will witness widespread acceptance across the value chain and even in the aftermarket.

Key Recommendations from Analysts

  • Our analysts recommend to focus on the Asia-Pacific automotive glow plug market since their calculations revealed that this region turned out to be the top investment pocket across the globe.
  • The major reason behind the surging growth and lucrative opportunities underlying in this region is the Increasing fuel costs and strict automotive emission standards.
  • Europe, on the other hand, is expected to foresee a robust growth of around 2% per annum. This is majorly attributed to the modernization of the older automotive infrastructure, deceasing production costs and upsurge profit margins.
  • The executive summary of the report reads the total incremental opportunity underlying in the global automotive glow plug market is nearly USD 397.2 million between 2020 and 2026.

Automotive glow plug – Cost Structure

Global Automotive Glow Plug Market

Industry Major Market Players

  • BorgWarner
  • Bosch
  • Denso
  • NGK
  • Hidria
  • Hyundai Mobis
  • Federal-Mogul
  • MagnetiMarelli
  • Autolite
  • Kyocera
  • DieselRx
  • Wenzhou Bolin 
  • Chognqing Le-Mark 

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