Más contenido relacionado Spark Plug Wire Market - Size, Share, Trends, and Forecast to 20261. © Coherent market Insights. All Rights Reserved
Spark Plug Wire Market- Global Industry Insight,
Trends, Outlook, and Opportunity Analysis 2017-
2025
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REPORT DESCRIPTION
Global spark plug wires market is expected to witness moderate growth during the forecast period. The market
growth is majorly attributed to increasing demand for spark plugs and other ignition systems in various types of
vehicles. Furthermore, high dependency of vehicle performance and mileage capabilities on smart plug wirings
has increased their importance in the automotive industry. Spark plug wires are crucial parts of an automotive
aftermarket, which is expected to witness considerable growth during the forecast period. This is owing to
changing government regulations to support emission-free environment and improve efficiency of vehicles.
A high-quality spark plug wire can boost vehicle’s performance drastically, as these connector systems perform an
important role of communication between engine ignition systems. A low quality spark plug wire is less capable
of efficiently carrying electricity, which deteriorates engine’s performance and condition. This can lead to increase
in maintenance costs and higher risks of engine breakdown. High-quality spark plug wires witnessed significant
demand in the recent past, owing to their ability of avoiding possible issues such as engine failure.
Market Overview
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REPORT DESCRIPTION
Advancement in automation and cost reductions in spark plugs pressing system has aided in growth of
the market
Advancements in the design and cost reduction in the pressing of the spark plug wires through automation by
maintaining defined standards to eliminate quality defects such as meagre contact of the cable generate
unrespects hurdles, has boosted their adoption to maintain performance of the vehicle engine and lifespan.
Such continuous improvements in the design as well as methodologies such as automation to press spark plug
wires in the engine has led to growth of the spark plug wiring industry.
Moreover, enhanced characteristics of high-quality spark plug wires such as wire length, use of heat-resistant
materials such as silicone, EPDM rubber, etc. on outer insulation, rubber boots on end terminals, and use of
high quality conductors (copper, compressed carbon powder, steel, etc.) has gained considerable traction in the
automotive aftermarket.
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REPORT DESCRIPTION
Applications of spark plug wires across various types of vehicles
Spark plugs are a crucial part of vehicle engine, which ignites the spark to start an engine. Spark plug wiring
helps to conduct the electricity from one terminal to another to effectively carry out the aforementioned process.
Growth in disposable income especially across emerging economies and growing aftermarket for automotive
industry is driving growth of the spark plug wire market. For instance, according to the data provided by World
Economic Forum, Indian household savings virtually tripled from 2005 till 2014, due to increased disposable
income. Furthermore, according to Coherent Market Insights' analysis, the aftermarket for automotive is expected
to exhibit a CAGR of 4.8% during the forecast period of 2018-2026, owing to growing demand for automotive
components from emerging economies such as China, India, Vietnam, and others.
The use of innovative technologies such as Internet of Things (IoT) embedded to spark plug wires has helped to
create a direct communication channel between user and producer. For instance, Moxa launched the IIOT
(Industrial Internet of Things) Gateway Starter Kit in October 2017 that includes built-in support for Amazon
Web Services (AWS) to allow faster deployments.
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