North America Spark Plug Market Size, Share & Industry Trends Analysis Report By Type (Hot and Cold), By Material (Copper, Platinum, Iridium), By Sales Channel, By End-Use (Automotive, Marine), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Spark Plug Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
An ignition system connection terminal is located on top of a spark plug. Many automobiles and trucks have the typical SAE configuration with a solid, non-removable nut. The tip of the insulator on current spark plugs extends into the combustion chamber and is made of the same aluminum oxide ceramic as the top portion, but is unglazed. It is built to endure 650 °C and 60 kV.
The physical shape of the ribs works to prevent electrical energy from escaping down the insulator surface from the high voltage terminal to the grounded metal casing of the spark plug by prolonging the surface between them. It also enhances electrical insulation. The spark plug's metal case, shell, or jacket serves as the ground for sparks that go from the central electrode to the side electrode, remove heat from the insulator, and transfer it to the cylinder head.
It can also endure the torque of being tightened. An insulated wire connects the central electrode to the output terminal of an ignition coil. The metal shell of the spark plug is grounded electrically by being screwed into the cylinder head of the engine. One or more spark gaps are created between the inner end of the central electrode and typically one or more protuberances known as the side, earth, or ground electrodes.
Small commercial vehicle production has expanded in the North American region and most of these vehicles run on gasoline. The United States is home to numerous large automakers plants for engines and transmissions. By making significant investments in R&D facilities, they also promote research to develop better spark plugs along with other engine components. This is probably going to have a positive effect on the US market and foster a favorable environment for the expansion of the spark plug sector.
The US market dominated the North America Spark Plug Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $859 million by 2028.The Canada market is poised to grow at a CAGR of 7.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.2% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Spark Plug Market is Estimated 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 Sales Channel
- Original Equipment Manufacturer
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Denso Corporation
- Valeo SA
- General Motor Co.
- Ford Motor Company
- E3 Spark Plugs
- Weichai Power Co. Ltd.
- Tenneco, Inc.
- NGK Spark Plug Co., Ltd.
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