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Global Automotive Spark Plug Market Size & Outlook

The automotive spark plug industry worldwide is expected to reach a projected revenue of US$ 5,892.1 million by 2030. A compound annual growth rate of 4.4% is expected of the worldwide automotive spark plug industry from 2024 to 2030.

Revenue, 2023 (US$M)
$4,350.0
Forecast, 2030 (US$M)
$5,892.1
CAGR, 2024 - 2030
4.4%
Report Coverage
Worldwide

Global automotive spark plug market, 2018-2030 (US$M)

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Related Markets

North America Automotive Spark Plug Market Outlook

Europe Automotive Spark Plug Market Outlook

Asia Pacific Automotive Spark Plug Market Outlook

Latin America Automotive Spark Plug Market Outlook

MEA Automotive Spark Plug Market Outlook

Global automotive spark plug market highlights

  • The global automotive spark plug market generated a revenue of USD 4,350.0 million in 2023 and is expected to reach USD 5,892.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.4% by 2030.
  • In terms of segment, hot sprak plug accounted for a revenue of USD 4,350.0 million in 2023.
  • Hot Sprak Plug is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 4,350.0 million
Market revenue in 2030USD 5,892.1 million
Growth rate4.4% (CAGR from 2023 to 2030)
Largest segmentHot sprak plug
Fastest growing segmentHot Sprak Plug
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHot Sprak Plug


Other key industry trends

  • In terms of revenue, the North America accounted for 26.0% of the global automotive spark plug market in 2023.

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Automotive Spark Plug Market Scope

Automotive spark plug market segmentation & scope
Type
Hot Sprak Plug
Cold Spark Plug
Vehicle Type
Passenger Vehicle
Commecial Vehicle
Sales Channel
OEM
Aftermarket
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Automotive Spark Plug Market Companies

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Global automotive spark plug market size, by regions, 2018-2030 (US$M)

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