Global Automotive Glow Plug market will reach 739 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/29

This study focuses on the production side and consumption side of Automotive Glow Plug, presents the global Automotive Glow Plug market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Automotive Glow Plug capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Automotive Glow Plug by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Automotive glow plug is a part that assists during cold start. It creates ideal ignition conditions for the injected fuel to burn through electrically generated thermal energy that is brought into the combustion chamber. Glow plugs are used in diesel engines to help start the engine with low temperature, especially in the winter. Glow plugs can be divided into metal type and ceramic type based on the material. Now, some glow plugs can heat up to more than 1000℃ in seconds.

Europe is the largest market of glow plug. The diesel vehicles in Europe occupied more than 70% of the total amount of diesel vehicles in the global. And the weather in Europe is colder than other regions. So the demand of glow plug in Europe is much larger than other regions.

In US, the total amount of vehicles is large, but the share of diesel vehicle is little. So the market of glow plug is smaller than in Europe. But the manufacturing technology is developed in US, so there are some major glow plug manufacturers like BorgWarner, Delphi and Federal-Mogul, all of which are the leading suppliers of glow plug in the world.

In Japan, due to the developed automotive industry, the manufacturing technology and market are also developed. In additional, the major suppliers of fine ceramic, which is an important part of ceramic glow plugs, are also located in Japan.

In China, there are many manufacturers of glow plugs. But both their capacity and technology have a large barrier with the international manufacturers like BorgWarner. Now, to meet the demand of domestic automotive industry, some foreign companies have built plants in China. To maintain the market share, Chinese glow plug manufacturers should spend more money and time on research and development.

The global Automotive Glow Plug market was valued at 781 million US$ in 2017 and will reach 739 million US$ by the end of 2025, growing at a CAGR of -0.69% during 2017-2025.

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https://www.qyresearch.com/index/detail/712866/global-automotive-glow-plug-industry-research-report-growth-trends-and-competitive-analysis-2018-2025
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