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Automotive Glow Plug Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_23607 | Date : Jan, 2023 | Pages : 192 | Region : Global

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Automotive glow plug is a part that assists during cold start. It creates ideal ignition conditions for the injected fuel to burn through electrically generated thermal energy that is brought into the combustion chamber. Glow plugs are used in diesel engines to help start the engine with low temperature, especially in the winter. Glow plugs can be divided into metal type and ceramic type based on the material. Now, some glow plugs can heat up to more than 1000℃ in seconds.
Europe is the largest market of glow plug. The diesel vehicles in Europe occupied more than 70% of the total amount of diesel vehicles in the global. And the weather in Europe is colder than other regions. So the demand of glow plug in Europe is much larger than other regions.
In US, the total amount of vehicles is large, but the share of diesel vehicle is little. So the market of glow plug is smaller than in Europe. But the manufacturing technology is developed in US, so there are some major glow plug manufacturers like BorgWarner, Delphi and Federal-Mogul, all of which are the leading suppliers of glow plug in the world.
In Japan, due to the developed automotive industry, the manufacturing technology and market are also developed. In additional, the major suppliers of fine ceramic, which is an important part of ceramic glow plugs, are also located in Japan.
In China, there are many manufacturers of glow plugs. But both their capacity and technology have a large barrier with the international manufacturers like BorgWarner. Now, to meet the demand of domestic automotive industry, some foreign companies have built plants in China. To maintain the market share, Chinese glow plug manufacturers should spend more money and time on research and development.

The Global Automotive Glow Plug Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Automotive Glow Plug Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Bosch
Borgwarner
NGK
Denso
Federal-Mogul
Hyundai Mobis
Delphi
Magneti Marelli
Valeo
FRAM Group 
Kyocera
Hidria
YURA TECH
Acdelco
Ningbo Tianyu
Ningbo Glow Plug
Ningbo Xingci
Fuzhou Dreik
Wenzhou Bolin

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Metal Glow Plug
Ceramic Glow Plug
In Market segmentation by applications :

OEM
Aftermarket

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Glow Plug Market for the forecast period 2023 - 2030?
• What are the driving forces in the Automotive Glow Plug Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Glow Plug industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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