India Ignition Coil Market Size & Outlook, 2025-2030
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India ignition coil market highlights
- The India ignition coil market generated a revenue of USD 729.8 million in 2024 and is expected to reach USD 945.2 million by 2030.
- The India market is expected to grow at a CAGR of 4.4% from 2025 to 2030.
- In terms of segment, distributor ignition coils was the largest revenue generating product type in 2024.
- Pencil Ignition Coil is the most lucrative product type segment registering the fastest growth during the forecast period.
Ignition coil market data book summary
| Market revenue in 2024 | USD 729.8 million |
| Market revenue in 2030 | USD 945.2 million |
| Growth rate | 4.4% (CAGR from 2025 to 2030) |
| Largest segment | Distributor ignition coils |
| Fastest growing segment | Pencil Ignition Coil |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, India accounted for 4.7% of the global ignition coil market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ignition coil market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,812.3 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 |
India 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 35.93% in 2024. Horizon Databook has segmented the India 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.
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Our clientele includes a mix of ignition coil market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India ignition coil market , including forecasts for subscribers. This country databook contains high-level insights into India ignition coil market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India Product Type - Ignition Coil Market size, 2024 - 2030 (US$M)
India Ignition Coil Market Outlook Share, 2024 & 2030 (US$M)
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