[250 Pages Report] The global automotive sparking cable market size is expected to reach US$ 782.9 Million in 2022 and showcase growth at a CAGR of 11.6% in the forecast period from 2022 to 2032. Ongoing advancements in the field of automotive technologies and surging need for lower energy consumption in today’s modern vehicles are anticipated to push sales of automotive sparking cables in future years.
As per a report by FMI, the global automotive sparking cable market is projected to be valued at US$ 945.4 Million in 2032. Surging demand for novel sparking cables with high mechanical strength, temperature resistance, and dielectric strength is likely to drive the market.
Report Attribute | Details |
---|---|
Automotive Sparking Cable Market Estimated Base Year Value (2021) | US$ 654.3 Million |
Automotive Sparking Cable Market Expected Market Value (2022) | US$ 782.9 Million |
Automotive Sparking Cable Market Anticipated Forecast Value (2032) | US$ 945.4 Million |
Automotive Sparking Cable Market Projected Growth Rate (2022-2032) | 11.6% CAGR |
Automotive sparking cable is capable of conducting the necessary potential difference to a spark plug with minimum loss. The sparking cable is usually integrated into an automobile and it performs its functions by using an electronic ignition module, electronic double spark or semi-direct ignition coil, distributor cap, or a mechanical spark distributor.
Automotive sparking cables use resistors to efficiently reduce low loss conduction. Innovative cables launched by key players help in guarantying zero interference in the overall functioning of control boxes, radios, and communications equipment for engines and gearboxes. These cables also demand optimal low pass interference attenuation.
The demand for automotive sparking cables is projected to surge at a steady pace in the upcoming years. This growth is attributable to the increasing need for cutting-edge automotive sparking cables that can provide good resistance to salt water, oil, petrol, and acids, as well as deliver reliable interference suppression.
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The presence of a large number of manufacturers and distributors across the globe providing cost-effective, as well as premium automotive sparking cables is one of the major factors that is anticipated to drive the market. In addition, integration of enhanced automotive technologies and expansion of the automotive industry are expected to augur well for the automobile sparking cable market growth in future.
According to the Society of Indian Automobile Manufacturers (SIAM), nearly 3,069,499 passenger cars and 716,566 commercial vehicles were sold in the country from 2021 to 2022. Sales of automobiles are projected to surge at a fast pace globally owing to the high disposable income and changing lifestyles of people, which would propel the market.
Changing a sparking cable requires higher-precision as it is considered to be a regular maintenance task for automobile owners. It is important to replace the sparking cable even after deployment to avoid possible impairment of mileage capability and engine performance of the vehicle. Thus, regular replacements add up to the existing cost of vehicle maintenance. It is anticipated to negatively impact the market and hamper the demand for automotive sparking cables in the evaluation period.
The presence of various small-scale automotive component manufacturers in developing countries, such as China and India is anticipated to foster the Asia Pacific automotive sparking cable market share. Increasing investments of manufacturers in the development of novel technologies are also expected to drive the regional market.
High dependency of mileage capabilities and vehicle performance on smart plug wirings is projected to augment the significance of sparking cables in the automotive sector across Asia Pacific. Besides, sparking cables are considered to play a vital role in the well-developed automotive aftermarket across countries in Asia Pacific, which would aid growth.
Europe is estimated to remain in the second position, followed by Asia Pacific throughout the forthcoming years, says FMI. Sales of automotive sparking cables in the region is mainly attributable to the growing trend of electrification in the automotive industry across developed countries, such as the U.K., Germany, and Italy.
According to the European Environment Agency, electric car registrations in 2020 were close to 1,325,000 units in the region. In 2019, the count was 550,000 units, which represents a surge from 3.5% to 11% of new car registrations in only 1 year. The trend is expected to continue in the assessment period, thereby bolstering the Europe market.
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Some of the leading companies operating in the global automotive sparking cable market include MSD Spark Wires, EDELBROCK, LLC., ACDelco, Taylor Cable Products, Inc., NGK SPARK PLUG, DENSO, Motorcraft, and Holley Performance Products among others.
The majority of the leading players in the global market are focusing on mergers and acquisitions, partnerships, and joint ventures to co-develop novel products and gain a competitive edge. Meanwhile, a few other key players are aiming to invest huge sums in research and development activities to come up with innovative automotive sparking cables to expand their portfolios and generate high shares.
Report Attribute | Details |
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Growth Rate | CAGR of 11.6% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015-2020 |
Forecast Period | 2022-2032 |
Quantitative Units | Volume, USD Million, and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
The global automotive sparking cable market is set to exceed US$ 945.4 Million in 2032.
Asia Pacific is set to lead the automotive sparking cable market in the forecast period.
MSD Spark Wires, EDELBROCK, LLC., ACDelco, Taylor Cable Products, Inc., NGK SPARK PLUG, DENSO, Motorcraft, and Holley Performance Products are some of the renowned companies in the automotive sparking cable market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Automotive Sparking Cable Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Automotive Design
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Automotive Design, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Automotive Design, 2022-2032
5.3.1. Mechanical Spark Distributor and Distributor Cap
5.3.2. Electronic Ignition Module
5.3.3. Electronic Double Spark Ignition or Semi-direct Ignition Coil
5.4. Y-o-Y Growth Trend Analysis By Automotive Design, 2017-2021
5.5. Absolute $ Opportunity Analysis By Automotive Design, 2022-2032
6. Global Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Cable Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Cable Type, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Cable Type, 2022-2032
6.3.1. Magnetic Resistance Cables
6.3.2. Distributes Resistance Cables
6.3.3. Fixed Resistor Cables
6.3.4. Other Automotive Sparking Cable Types
6.4. Y-o-Y Growth Trend Analysis By Cable Type, 2017-2021
6.5. Absolute $ Opportunity Analysis By Cable Type, 2022-2032
7. Global Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Sales Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Sales Channel, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Sales Channel, 2022-2032
7.3.1. OEMs
7.3.2. Aftermarket
7.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2017-2021
7.5. Absolute $ Opportunity Analysis By Sales Channel, 2022-2032
8. Global Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021
8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia & Pacific
8.3.6. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Automotive Design
9.2.3. By Cable Type
9.2.4. By Sales Channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Automotive Design
9.3.3. By Cable Type
9.3.4. By Sales Channel
9.4. Key Takeaways
10. Latin America Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Mexico
10.2.1.2. Brazil
10.2.1.3. Rest of Latin America
10.2.2. By Automotive Design
10.2.3. By Cable Type
10.2.4. By Sales Channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Automotive Design
10.3.3. By Cable Type
10.3.4. By Sales Channel
10.4. Key Takeaways
11. Europe Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. U.K.
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Russia
11.2.1.8. Rest of Europe
11.2.2. By Automotive Design
11.2.3. By Cable Type
11.2.4. By Sales Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Automotive Design
11.3.3. By Cable Type
11.3.4. By Sales Channel
11.4. Key Takeaways
12. East Asia Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Automotive Design
12.2.3. By Cable Type
12.2.4. By Sales Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Automotive Design
12.3.3. By Cable Type
12.3.4. By Sales Channel
12.4. Key Takeaways
13. South Asia & Pacific Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. ASEAN
13.2.1.3. Australia and New Zealand
13.2.1.4. Rest of South Asia & Pacific
13.2.2. By Automotive Design
13.2.3. By Cable Type
13.2.4. By Sales Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Automotive Design
13.3.3. By Cable Type
13.3.4. By Sales Channel
13.4. Key Takeaways
14. MEA Automotive Sparking Cable Market Analysis 2017-2021 and Forecast 2022-2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. Turkey
14.2.1.3. South Africa
14.2.1.4. Rest of MEA
14.2.2. By Automotive Design
14.2.3. By Cable Type
14.2.4. By Sales Channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Automotive Design
14.3.3. By Cable Type
14.3.4. By Sales Channel
14.4. Key Takeaways
15. Key Countries Automotive Sparking Cable Market Analysis
15.1. U.S.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Automotive Design
15.1.2.2. By Cable Type
15.1.2.3. By Sales Channel
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Automotive Design
15.2.2.2. By Cable Type
15.2.2.3. By Sales Channel
15.3. Mexico
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Automotive Design
15.3.2.2. By Cable Type
15.3.2.3. By Sales Channel
15.4. Brazil
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Automotive Design
15.4.2.2. By Cable Type
15.4.2.3. By Sales Channel
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Automotive Design
15.5.2.2. By Cable Type
15.5.2.3. By Sales Channel
15.6. Italy
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Automotive Design
15.6.2.2. By Cable Type
15.6.2.3. By Sales Channel
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Automotive Design
15.7.2.2. By Cable Type
15.7.2.3. By Sales Channel
15.8. U.K.
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Automotive Design
15.8.2.2. By Cable Type
15.8.2.3. By Sales Channel
15.9. Spain
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Automotive Design
15.9.2.2. By Cable Type
15.9.2.3. By Sales Channel
15.10. BENELUX
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Automotive Design
15.10.2.2. By Cable Type
15.10.2.3. By Sales Channel
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Automotive Design
15.11.2.2. By Cable Type
15.11.2.3. By Sales Channel
15.12. China
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Automotive Design
15.12.2.2. By Cable Type
15.12.2.3. By Sales Channel
15.13. Japan
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Automotive Design
15.13.2.2. By Cable Type
15.13.2.3. By Sales Channel
15.14. South Korea
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Automotive Design
15.14.2.2. By Cable Type
15.14.2.3. By Sales Channel
15.15. India
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Automotive Design
15.15.2.2. By Cable Type
15.15.2.3. By Sales Channel
15.16. ASEAN
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Automotive Design
15.16.2.2. By Cable Type
15.16.2.3. By Sales Channel
15.17. Australia and New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Automotive Design
15.17.2.2. By Cable Type
15.17.2.3. By Sales Channel
15.18. GCC Countries
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Automotive Design
15.18.2.2. By Cable Type
15.18.2.3. By Sales Channel
15.19. Turkey
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Automotive Design
15.19.2.2. By Cable Type
15.19.2.3. By Sales Channel
15.20. South Africa
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2021
15.20.2.1. By Automotive Design
15.20.2.2. By Cable Type
15.20.2.3. By Sales Channel
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Automotive Design
16.3.3. By Cable Type
16.3.4. By Sales Channel
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. NGK SPARK PLUG
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. ACDelco
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Motorcraft
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Holley Performance Products
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. DENSO
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. EDELBROCK, LLC.
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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