Albany – NY, Oct. 21, 2015 (GLOBE NEWSWIRE) — Automotive ignition systems provide power to starting mechanisms, and mechanical and electrical components in automobiles. With the increase in prices of gasoline and growing environmental concerns globally, the automotive industry is investing in R&D to develop technologically advanced and improved ignition systems to ensure fuel efficiency and reduce emissions.

Technavio’s analysts forecast the global automotive ignition system market to grow at a CAGR of 5.89% over the period 2014-2019.

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Covered in this Report

The global automotive ignition system market can be segmented based on components into: ignition switches, spark plugs (gasoline engines), glow plugs (diesel engines), ignition coils, ignition control modules, crankshaft sensors, and camshaft position sensors.

Technavio’s report, Global Automotive Ignition System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, the Americas, and EMEA; it also covers the global automotive ignition system market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Regions

  • Americas
  • APAC
  • EMEA

Key Vendors

  • BorgWarner
  • Delphi Automotive
  • Denso
  • Federal-Mogul
  • Robert Bosch

Key Market Driver

Stringent Emission and Fuel Efficiency Regulations

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Key Market Challenge

Shift in Focus toward EVs

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Key Market Trend

Escalating Demand from Emerging Markets

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Key Questions Answered in this Report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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