The Latin America, Middle East and Africa Spark Plug Market would witness market growth of 8.3% CAGR during the forecast period (2022-2028).
Due to increased combustion efficiency, which also lowers pollution levels, two-wheelers can accelerate more quickly. Because the spark plug improves fuel combustion, the vehicle gets better mileage. Special plugs are being created by manufacturers for unique engines. The need for fuel-efficient cars is rising in the world.
There are stricter regulations surrounding carbon emissions, and there is a surge in the demand for passenger cars in developing countries, all of which are driving the expansion of the spark plug market. Additionally, the industry's technological advancements have prolonged the lifespan of cars, increasing the need for part replacements.
This has a favorable effect on the need for spark plugs as well. The expansion of the industry is further aided by the increase in demand from the maritime sector for recreational boats and personal watercraft. The rise in passenger automobile production offers excellent growth prospects. Ongoing technical advancements that enhance electrode material, ignitability, and performance are anticipated to drive the market moving forward.
In the Latin American region, the increased demand for spark plugs mainly arose from the region's biggest economy. Gasoline-fuelled vehicles dominated the Latin American passenger car industry. Brazil has been experiencing positive growth in the demand for and sales of vehicles as a result of the country's economy. Growing investment in the country, an increase in credit provision to support the country's light-vehicle market, and strong export demand are some of the factors driving the automotive industry in the country.
The Brazil market dominated the LAMEA Spark Plug Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $91.5 million by 2028.The Argentina market is experiencing a CAGR of 8.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8% during (2022 - 2028).
Based on Type, the market is segmented into Hot and Cold. Based on Material, the market is segmented into Copper, Platinum, Iridium and Others. Based on Sales Channel, the market is segmented into Original Equipment Manufacturer and Aftermarket. Based on End-Use, the market is segmented into Automotive, Marine and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Spark Plug Market is Predict to reach $4.4 Billion by 2028, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Denso Corporation, Valeo SA, Marelli, General Motor Co., Ford Motor Company, E3 Spark Plugs, Weichai Power Co. Ltd., Tenneco, Inc., and NGK Spark Plug Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Material
- Copper
- Platinum
- Iridium
- Others
By Sales Channel
- Original Equipment Manufacturer
- Aftermarket
By End-Use
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Denso Corporation
- Valeo SA
- Marelli
- General Motor Co.
- Ford Motor Company
- E3 Spark Plugs
- Weichai Power Co. Ltd.
- Tenneco, Inc.
- NGK Spark Plug Co., Ltd.
TABLE 1 LAMEA Spark Plug Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Spark Plug Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Spark Plug Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Spark Plug Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Hot Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Hot Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Cold Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Cold Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Spark Plug Market by Material, 2018 - 2021, USD Million
TABLE 10 LAMEA Spark Plug Market by Material, 2022 - 2028, USD Million
TABLE 11 LAMEA Copper Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Copper Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Platinum Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Platinum Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Iridium Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Iridium Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Spark Plug Market by Sales Channel, 2018 - 2021, USD Million
TABLE 20 LAMEA Spark Plug Market by Sales Channel, 2022 - 2028, USD Million
TABLE 21 LAMEA Original Equipment Manufacturer Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Original Equipment Manufacturer Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Spark Plug Market by End-Use, 2018 - 2021, USD Million
TABLE 26 LAMEA Spark Plug Market by End-Use, 2022 - 2028, USD Million
TABLE 27 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Marine Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Marine Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Spark Plug Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Spark Plug Market by Country, 2022 - 2028, USD Million
TABLE 35 Brazil Spark Plug Market, 2018 - 2021, USD Million
TABLE 36 Brazil Spark Plug Market, 2022 - 2028, USD Million
TABLE 37 Brazil Spark Plug Market by Type, 2018 - 2021, USD Million
TABLE 38 Brazil Spark Plug Market by Type, 2022 - 2028, USD Million
TABLE 39 Brazil Spark Plug Market by Material, 2018 - 2021, USD Million
TABLE 40 Brazil Spark Plug Market by Material, 2022 - 2028, USD Million
TABLE 41 Brazil Spark Plug Market by Sales Channel, 2018 - 2021, USD Million
TABLE 42 Brazil Spark Plug Market by Sales Channel, 2022 - 2028, USD Million
TABLE 43 Brazil Spark Plug Market by End-Use, 2018 - 2021, USD Million
TABLE 44 Brazil Spark Plug Market by End-Use, 2022 - 2028, USD Million
TABLE 45 Argentina Spark Plug Market, 2018 - 2021, USD Million
TABLE 46 Argentina Spark Plug Market, 2022 - 2028, USD Million
TABLE 47 Argentina Spark Plug Market by Type, 2018 - 2021, USD Million
TABLE 48 Argentina Spark Plug Market by Type, 2022 - 2028, USD Million
TABLE 49 Argentina Spark Plug Market by Material, 2018 - 2021, USD Million
TABLE 50 Argentina Spark Plug Market by Material, 2022 - 2028, USD Million
TABLE 51 Argentina Spark Plug Market by Sales Channel, 2018 - 2021, USD Million
TABLE 52 Argentina Spark Plug Market by Sales Channel, 2022 - 2028, USD Million
TABLE 53 Argentina Spark Plug Market by End-Use, 2018 - 2021, USD Million
TABLE 54 Argentina Spark Plug Market by End-Use, 2022 - 2028, USD Million
TABLE 55 UAE Spark Plug Market, 2018 - 2021, USD Million
TABLE 56 UAE Spark Plug Market, 2022 - 2028, USD Million
TABLE 57 UAE Spark Plug Market by Type, 2018 - 2021, USD Million
TABLE 58 UAE Spark Plug Market by Type, 2022 - 2028, USD Million
TABLE 59 UAE Spark Plug Market by Material, 2018 - 2021, USD Million
TABLE 60 UAE Spark Plug Market by Material, 2022 - 2028, USD Million
TABLE 61 UAE Spark Plug Market by Sales Channel, 2018 - 2021, USD Million
TABLE 62 UAE Spark Plug Market by Sales Channel, 2022 - 2028, USD Million
TABLE 63 UAE Spark Plug Market by End-Use, 2018 - 2021, USD Million
TABLE 64 UAE Spark Plug Market by End-Use, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Spark Plug Market, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Spark Plug Market, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Spark Plug Market by Type, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Spark Plug Market by Type, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Spark Plug Market by Material, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Spark Plug Market by Material, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Spark Plug Market by Sales Channel, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Spark Plug Market by Sales Channel, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Spark Plug Market by End-Use, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Spark Plug Market by End-Use, 2022 - 2028, USD Million
TABLE 75 South Africa Spark Plug Market, 2018 - 2021, USD Million
TABLE 76 South Africa Spark Plug Market, 2022 - 2028, USD Million
TABLE 77 South Africa Spark Plug Market by Type, 2018 - 2021, USD Million
TABLE 78 South Africa Spark Plug Market by Type, 2022 - 2028, USD Million
TABLE 79 South Africa Spark Plug Market by Material, 2018 - 2021, USD Million
TABLE 80 South Africa Spark Plug Market by Material, 2022 - 2028, USD Million
TABLE 81 South Africa Spark Plug Market by Sales Channel, 2018 - 2021, USD Million
TABLE 82 South Africa Spark Plug Market by Sales Channel, 2022 - 2028, USD Million
TABLE 83 South Africa Spark Plug Market by End-Use, 2018 - 2021, USD Million
TABLE 84 South Africa Spark Plug Market by End-Use, 2022 - 2028, USD Million
TABLE 85 Nigeria Spark Plug Market, 2018 - 2021, USD Million
TABLE 86 Nigeria Spark Plug Market, 2022 - 2028, USD Million
TABLE 87 Nigeria Spark Plug Market by Type, 2018 - 2021, USD Million
TABLE 88 Nigeria Spark Plug Market by Type, 2022 - 2028, USD Million
TABLE 89 Nigeria Spark Plug Market by Material, 2018 - 2021, USD Million
TABLE 90 Nigeria Spark Plug Market by Material, 2022 - 2028, USD Million
TABLE 91 Nigeria Spark Plug Market by Sales Channel, 2018 - 2021, USD Million
TABLE 92 Nigeria Spark Plug Market by Sales Channel, 2022 - 2028, USD Million
TABLE 93 Nigeria Spark Plug Market by End-Use, 2018 - 2021, USD Million
TABLE 94 Nigeria Spark Plug Market by End-Use, 2022 - 2028, USD Million
TABLE 95 Rest of LAMEA Spark Plug Market, 2018 - 2021, USD Million
TABLE 96 Rest of LAMEA Spark Plug Market, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Spark Plug Market by Type, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Spark Plug Market by Type, 2022 - 2028, USD Million
TABLE 99 Rest of LAMEA Spark Plug Market by Material, 2018 - 2021, USD Million
TABLE 100 Rest of LAMEA Spark Plug Market by Material, 2022 - 2028, USD Million
TABLE 101 Rest of LAMEA Spark Plug Market by Sales Channel, 2018 - 2021, USD Million
TABLE 102 Rest of LAMEA Spark Plug Market by Sales Channel, 2022 - 2028, USD Million
TABLE 103 Rest of LAMEA Spark Plug Market by End-Use, 2018 - 2021, USD Million
TABLE 104 Rest of LAMEA Spark Plug Market by End-Use, 2022 - 2028, USD Million
TABLE 105 key information – Robert Bosch GmbH
TABLE 106 key information – Denso Corporation
TABLE 107 key information – Valeo SA
TABLE 108 Key information – Marelli
TABLE 109 key Information – General Motors Co.
TABLE 110 key information – Ford Motor Company
TABLE 111 Key Information – E3 spark plugs
TABLE 112 Key Information – Weichai Power Co., Ltd.
TABLE 113 Key information – Tenneco, Inc.
TABLE 114 Key Information – NGK Spark Plug Co., Ltd.
List of Figures
FIG 1 Methodology for the research