Global Ignition Coil Market Size & Outlook, 2025-2030
Global ignition coil market, 2018-2030 (US$M)
Related Markets
Global ignition coil market highlights
- The global ignition coil market generated a revenue of USD 15,446.0 million in 2024 and is expected to reach USD 19,884.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4.3% by 2030.
- In terms of segment, distributor ignition coils accounted for a revenue of USD 5,543.5 million in 2024.
- Pencil Ignition Coil is the most lucrative product type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 15,446.0 million |
| Market revenue in 2030 | USD 19,884.8 million |
| Growth rate | 4.3% (CAGR from 2025 to 2030) |
| Largest segment | Distributor ignition coils |
| Fastest growing segment | Pencil Ignition Coil |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Distributor Ignition Coils, Pencil Ignition Coil, Block Ignition Coils |
Other key industry trends
- In terms of revenue, the North America accounted for 18.7% of the global ignition coil market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 324.8 million by 2030.
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Ignition Coil Market Scope
Ignition Coil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Standard Motor Products | View profile | 1001-5000 | Long Island City, New York, United States, North America | http://www.smpcorp.com/ |
| Robert Bosch GmbH | View profile | - | - | - |
| BorgWarner Inc | View profile | 39900 | 3850 Hamlin Road, Auburn Hills, MI, United States, 48326 | https://www.borgwarner.com |
| Valeo SA | View profile | 112740 | 100, rue de Courcelles, Cedex 17, Paris, France, 75017 | https://www.valeo.com |
| HELLA GmbH & Co KGaA | View profile | 37743 | Rixbecker Strasse 75, Lippstadt, NW, Germany, 59552 | https://www.hella.com |
| Denso Corp | View profile | 195471 | 1-1 Showa-cho, Kariya, Japan, 448-8661 | http://www.denso.co.jp |
| Niterra Co Ltd | View profile | 16247 | 14-18, Takatsuji-cho, Mizuho-ku, Nagoya, Japan, 467-8525 | http://www.ngkntk.co.jp |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Global ignition coil market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ignition coil market will help companies and investors design strategic landscapes.
Distributor ignition coils was the largest segment with a revenue share of 35.89% in 2024. Horizon Databook has segmented the Global ignition coil market based on distributor ignition coils, pencil ignition coil, block ignition coils covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Ignition Coil Product Type Outlook (Revenue, USD Million, 2018-2030)
- Distributor Ignition Coils
- Pencil Ignition Coil
- Block Ignition Coils
- Others
- Global Ignition Coil End Use Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Marine
- Agriculture
- Others
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Target buyers of Global ignition coil market databook
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Our clientele includes a mix of ignition coil market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global ignition coil market , including forecasts for subscribers. This global databook contains high-level insights into Global ignition coil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global ignition coil market size, by regions, 2018-2030 (US$M)
Top 10 countries: Ignition coil market size, 2024 (US$M)
Global ignition coil market share, by product type, 2024 & 2030 (%, US$M)
Ignition coil market: Opportunity assessment by country
Global ignition coil market, by region, 2024 (US$M)
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