Automotive Ignition Coil Market By Product Type (Electronic Distributor Coil, Can-type Ignition Coil, Double Spark Coil, Ignition Coil Rail, and Pencil Ignition Coil), By Vehicle Type (Commercial Vehicle and Passenger Vehicle), By Sales Channel (OEMs and Aftermarket), and By Region - Trends, Analysis, and Forecast till 2032

An ignition coil is an induction coil that supplies a high voltage to the sparking plugs of an internal-combustion engine. The ignition coil sits between the batteries and, if the car is an older model, the distributor which 'distributes' the HT voltage to each spark plug, via a thick rubber HT led. An ignition coil is an induction coil in an automobile's ignition system that converts battery voltage into the thousands of volts needed to produce an electric spark in the spark plug to ignite the fuel. Some coils have an internal resistor, while others rely on a resistor wire or external resistor to limit the current flowing into the coil from the car's 12-volt supply.

The ignition coil works like a transformer, through two coils, one inside the other, and the ignition coil converts electrical energy from the vehicle's battery to high voltage, briefly stores and then emits it as a high voltage current pulse, Spark plug. Ignition coils consist of three parts; a primary circuit made up of hundreds of turns of primary winding, a secondary circuit with thousands more turns and an iron core. The purpose of the ignition coil is to convert the low current from the car battery into enough power to ignite the fuel and start the engine. When there is a problem with the ignition coil it can cause a range of mechanical and performance problems Ignition coils are precisely adapted to the requirements of modern spark-ignition engines such as turbocharging, downsizing, direct injection, and lean mix, high exhaust gas recirculation rates, which contribute to lower fuel consumption and emissions, and subsequently, boost vehicle ignition.

Increase in urbanization and rising disposable

Increase in urbanization, increasing emphasis on sustainability, increased vehicle production and increasing disposable income among consumers will increase the market footprint. And also, rapidly increasing industrialization and improved standard of living will fuel the market growth. Moreover, companies are engaging in innovations using new integrated ignition coils for advanced cylinders of vehicles. These coils improve the fuel economy and overall performance of the vehicles in the market, which is estimated to be the driving factor for the growth of the automotive ignition coil market.

Restrains:

                                                    Increasing electrification of vehicles

Increasing electrification of vehicles is expected to hinder market growth during the forecast period. Additionally, measures such as downsizing of engines will further limit the market growth. Automotive ignition coil aftermarket growth has been restrained by sluggish growth in vehicle demand. Some issues affecting vehicle sales and production in certain regions of the United States and China as the growth rate slows in the coming years.

Technological advancement

The manufacturers involved in the Automotive Ignition Coil market are developing advanced versions of their products due to the technological advancements of the new era. Organizations in this industry are taking proactive measures to expand their business in untapped markets by introducing new products, developing new technologies and implementing new strategies. The manufacturers involved in the Automotive Ignition Coil market are developing advanced versions of their products due to the technological advancements of the new era. Organizations in this industry are taking proactive measures to expand their business in untapped markets by introducing new products, developing new technologies and implementing new strategies. In September 2022, 10 Times German Carmakers Produced Cars with Terrible Reliability Problems German car manufacturers have built a stellar reputation for themselves in the automotive industry. Brands like BMW, Audi, Mercedes-Benz, and Porsche are highly regarded not only for their style and luxury, but also for their exceptional build quality.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Automotive Ignition Coil Market is segmented based on product type, vehicle type, sales channel and region.

Automotive Ignition Coil Market, By Product Type

On the basis of product type, the Automotive Ignition Coil Market is segmented into Electronic Distributor Coil, Can-type Ignition Coil, Double Spark Coil, Ignition Coil Rail, and Pencil Ignition Coil. The can-type ignition coil is the most common ignition coil used in vehicles worldwide. Since these can be mass produced, they are easily available to consumers at very low prices. Pencil ignition coils the use of this type of coil, also known as a "sparkplug", has gradually replaced magneto devices. Because they are found to be more effective in providing higher power output with improved reliability and cost-effectiveness. A double spark coil is a spark plug with two electrodes. The electrode on the right fires first and then, after a while, the other starts firing.

Automotive Ignition Coil Market, By Vehicle Type

On the basis of Vehicle Type, the target market is classified into Commercial Vehicle and Passenger Vehicle. The passenger car segment currently holds the largest share of the global market, which is expected to continue. Demand is increasing as people become more concerned about rising pollution levels and their low running costs. As the commercial vehicle sector continues to expand in terms of product offering and sales, many medium and heavy commercial vehicle manufacturers are working on electrification and have started manufacturing automotive batteries with increased energy capacity.

Automotive Ignition Coil Market, By Sales Channel

On the basis of Sales Channel, the Automotive Ignition Coil Market is segmented into OEMs and Aftermarket. The aftermarket currently has the largest market share. It is predicted to grow rapidly due to increasing consumer demand and increasing air pollution.

Regional Insights:

On region the Automotive Ignition Coil Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region is expected to witness significant growth during the forecast period. The automotive sector in the Asia Pacific region is growing rapidly and the demand for vehicles has also increased exponentially. The growing population in the region and the demand for better mobility are driving the demand for passenger vehicles. This is directly rising demand for ignition coils in the Asia Pacific region. Hence the automotive ignition coil market is expected to show significant growth in the forecast period.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Automotive Ignition Coil Market report based on product type, vehicle type, sales channel and region:

Automotive Ignition Coil Market, By Product Type:

• Electronic Distributor Coil
• Can-type Ignition Coil
• Double Spark Coil
• Ignition Coil Rail
• Pencil Ignition Coil

Automotive Ignition Coil Market, By Vehicle Type:

• Commercial Vehicle
• Passenger Vehicle

Automotive Ignition Coil Market, By Sales Channel:

• OEMs
• Aftermarket

Automotive Ignition Coil Market, By Region:

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

The key players operating the Automotive Ignition Coil Market includes

• Marshall Electric Corp Company developed the first distributor-less ignition system. Without sacrificing the quality or efficiency of our coils, we continued to expand into international markets with a growing line of coils for a world with ever-changing needs in ignition systems.
• Delphi Automotive LLP introduced more than 1,024 new-to-range parts in 2021 and is on track to add a similar number to its full-service solution in 2022, covering multiple product categories including brakes, steering and suspension, fuel delivery, thermals, Ignition, Sensors, Diagnostic Tools, Software and Licensing.
• BorgWarner Inc. new, lightweight plug top ignition coils use new magnetic circuitry technology to reduce part size to meet the stringent installation requirements of modern downsize engines. In addition to being more compact, BorgWarner's new ignition technology produces higher combustion energy and higher ignition voltage. This enables more complete combustion resulting in lower emissions, greater fuel economy and increased performance. New synthetic materials in the ignition coil core and innovative, secure component connection technology improve reliability and durability. Its modular construction provides basic components as well as variable, customer specific components such as attachment devices, housings, connectors and associated connection angles—providing carmakers with proven, reliable ignition coil technology that can be quickly customized.
• Continental AG develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation.
• DENSO Corporation developed the auto industry's first compact stick-type ignition coil. The space-saving design, adopted by many of the world's leading automakers, eliminates the need for a high-tension ignition cable that fits neatly into the engine's spark plug bore. Along with its stick coil technology, other advanced features pioneered by DENSO include micro-sized driver circuit and diagonal inductive winding.
• Federal-Mogul Corporation is an American developer, manufacturer and supplier of products for automotive, commercial, aerospace, marine, rail and off-road vehicles; and industrial, agricultural and power-generation applications.
• Hitachi Automotive Systems Americas, Inc. has 276 stock keeping units (SKUs) covering 260 million vehicles in operation (VIO). Hitachi Astemo Americas, Inc. Manufactures and markets engine management, electric powertrains and integrated vehicle controls for major automotive manufacturers worldwide.
• Standard Motor Products is a manufacturer and distributor of automotive parts in the automotive aftermarket industry. Standard Motor Products, Inc. sells its products to warehouse distributors and auto parts retail chains around the world, under its own brand names such as Standard, BWD Automotive, Blue Streak Automotive, Blue Streak Wire, TechSmart, Intermotor, and Factory Air.
• Mitsubishi Electric Corporation Automotive America has won contracts to provide ignition coil modules and ignition coils to General Motors Corp. for car and truck engines worldwide.
• NGK Spark Plug Co., Ltd are launching new range of Ignition Coils in India which is suitable with BS-6 Engines & new range of spark plugs.

Recent Development:

• In October 2022, Standard Motor Products Continues Growth of Ignition Coil Program. Standard's ignition coil program features a variety of coil types to fit many applications, including coil on plug, electronic, pencil, cassette, import, Blue Streak Heavy-Duty and Blue Streak Direct Ignition Coil Kits. The coils are expertly designed, engineered and manufactured at SMP's IATF 16949-certified Poland facility.
• In October 2022, Adient Partners with EnerTech Capital. Adiant, a global provider of automotive seating, has announced a strategic partnership with Enertech Capital, a venture capital firm focused on emerging technologies and business models in the mobility space.
• In October 2021, Diamond Electric Holdings Company Limited (Diamond Electric HD) announced that it would dissolve and liquidate its Thai subsidiary Diamond Electric (Thailand) Company Limited. This is because the production of automotive ignition coils at Diamond Electric (Thailand) has been integrated into Diamond Electric Asia Pacific Company Limited, which handles similar products in the eastern part of Thailand.

• Marshall Electric Corp.
• Delphi Automotive LLP
• BorgWarner Inc.
• Continental AG
• DENSO Corporation
• Federal-Mogul Corporation
• Hitachi Automotive Systems Americas, Inc.
• Standard Motor Products
• Mitsubishi Electric Corporation
• NGK Spark Plug Co., Ltd.