Global Automotive Glow Plug Market Size study & Forecast, by Vehicle Type By Sales Channel By Type and Regional Analysis, 2023-2030

Description

List of Tables

Global Automotive Glow Plug Market is valued approximately USD 2.81 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.1% over the forecast period 2023-2030. An automotive glow plug is a heating device used in diesel engines to assist with cold starting. Unlike gasoline engines that use spark plugs to ignite the air-fuel mixture, diesel engines rely on compression to ignite the fuel. The Automotive Glow Plug market is expanding because of factors such as increasing demand of commercial & passenger vehicles and rising number connected vehicles. Its importance has progressively increased during the forecast period 2023-2030.

According to the Statista, around 24.1 million automobiles were sold globally in 2022. Furthermore, The United States is the world's largest market for commercial vehicles, with sales amounting to over 11 million units in 2022. The country dwarfed all other markets, with the Asia/Oceania/Middle East region coming in second, recording over seven million sales that same year. Another important factor drives the Automotive Glow Plug market is rising number connected vehicles. As fog lights are becoming integrated into advanced driver assistance systems (ADAS). These systems can use data from various sensors and cameras to optimize the fog light performance based on real-time road and weather conditions. In addition, as per Statista, the global connected car market accounts USD 65 billion in 2021, and projected to grow up to around USD 121 billion by 2025. Moreover, technological advancement in Automotive Glow Plug and rising demand of hybrid vehicles is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, the high cost of Automotive Glow Plug stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Automotive Glow Plug Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the increased production of vehicles and growing demand for automotive components. Furthermore, Europe is expected to grow significantly during the forecast period, owing to the growing logistics industry and increasing usage of light commercial vehicles in the region.

Major market player included in this report are:

Wellman Glow Plugs Co
Robert Bosch GmbH
Valeo S.A
NGK Spark Plug Co. Ltd
Tenneco Inc
DENSO Corporation
E3 Spark Plugs
Ford Motor Company
General Motors Company
Marelli Holdings Co., Ltd

Recent Developments in the Market:

In April 2023, Robert Bosch, a German engineering and technology business that makes household appliances, has announced plans to expand its Aguascalientes, Mexico, site. Previously, the business planned to invest $75.3 million in its activities in the city, but has since boosted its investment to $258.2 million. This development will result in the creation of 400 new employment.

Global Automotive Glow Plug Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Vehicle Type, Sales Channel, Type, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Vehicle Type

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

By Sales Channel

OEM
Aftermarket

By Type

Metal Glow Plug
Ceramic Glow Plug

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Automotive Glow Plug Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Automotive Glow Plug Market, by Vehicle Type, 2020-2030 (USD Billion)
- 1.2.3. Automotive Glow Plug Market, by Sales Channel, 2020-2030 (USD Billion)
- 1.2.4. Automotive Glow Plug Market, by Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Automotive Glow Plug Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Automotive Glow Plug Market Dynamics

3.1. Automotive Glow Plug Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand of commercial vehicles and passenger vehicles
  - 3.1.1.2. Rising number connected vehicles.
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of Automotive Glow Plug
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological advancement in Automotive Glow Plug
  - 3.1.3.2. Rising demand of hybrid vehicles

Chapter 4. Global Automotive Glow Plug Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Automotive Glow Plug Market, by Vehicle Type

5.1. Market Snapshot
5.2. Global Automotive Glow Plug Market by Vehicle Type, Performance - Potential Analysis
5.3. Global Automotive Glow Plug Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
5.4. Automotive Glow Plug Market, Sub Segment Analysis
- 5.4.1. Passenger Cars
- 5.4.2. Light Commercial Vehicles
- 5.4.3. Heavy Commercial Vehicles

Chapter 6. Global Automotive Glow Plug Market, by Sales Channel

6.1. Market Snapshot
6.2. Global Automotive Glow Plug Market by Sales Channel, Performance - Potential Analysis
6.3. Global Automotive Glow Plug Market Estimates & Forecasts by Sales Channel 2020-2030 (USD Billion)
6.4. Automotive Glow Plug Market, Sub Segment Analysis
- 6.4.1. OEM
- 6.4.2. Aftermarket

Chapter 7. Global Automotive Glow Plug Market, by Type

7.1. Market Snapshot
7.2. Global Automotive Glow Plug Market by Type, Performance - Potential Analysis
7.3. Global Automotive Glow Plug Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
7.4. Automotive Glow Plug Market, Sub Segment Analysis
- 7.4.1. Metal Glow Plug
- 7.4.2. Ceramic Glow Plug

Chapter 8. Global Automotive Glow Plug Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Automotive Glow Plug Market, Regional Market Snapshot
8.4. North America Automotive Glow Plug Market
- 8.4.1. U.S. Automotive Glow Plug Market
  - 8.4.1.1. Vehicle Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Sales Channel breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Type breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Automotive Glow Plug Market
8.5. Europe Automotive Glow Plug Market Snapshot
- 8.5.1. U.K. Automotive Glow Plug Market
- 8.5.2. Germany Automotive Glow Plug Market
- 8.5.3. France Automotive Glow Plug Market
- 8.5.4. Spain Automotive Glow Plug Market
- 8.5.5. Italy Automotive Glow Plug Market
- 8.5.6. Rest of Europe Automotive Glow Plug Market
8.6. Asia-Pacific Automotive Glow Plug Market Snapshot
- 8.6.1. China Automotive Glow Plug Market
- 8.6.2. India Automotive Glow Plug Market
- 8.6.3. Japan Automotive Glow Plug Market
- 8.6.4. Australia Automotive Glow Plug Market
- 8.6.5. South Korea Automotive Glow Plug Market
- 8.6.6. Rest of Asia Pacific Automotive Glow Plug Market
8.7. Latin America Automotive Glow Plug Market Snapshot
- 8.7.1. Brazil Automotive Glow Plug Market
- 8.7.2. Mexico Automotive Glow Plug Market
8.8. Middle East & Africa Automotive Glow Plug Market
- 8.8.1. Saudi Arabia Automotive Glow Plug Market
- 8.8.2. South Africa Automotive Glow Plug Market
- 8.8.3. Rest of Middle East & Africa Automotive Glow Plug Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Wellman Glow Plugs Co
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Robert Bosch GmbH
- 9.3.3. Valeo S.A
- 9.3.4. NGK Spark Plug Co. Ltd
- 9.3.5. Tenneco Inc
- 9.3.6. DENSO Corporation
- 9.3.7. E3 Spark Plugs
- 9.3.8. Ford Motor Company
- 9.3.9. General Motors Company
- 9.3.10. Marelli Holdings Co., Ltd

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Automotive Glow Plug Market, report scope
TABLE 2. Global Automotive Glow Plug Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Automotive Glow Plug Market estimates & forecasts by Vehicle Type 2020-2030 (USD Billion)
TABLE 4. Global Automotive Glow Plug Market estimates & forecasts by Sales Channel 2020-2030 (USD Billion)
TABLE 5. Global Automotive Glow Plug Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 6. Global Automotive Glow Plug Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Automotive Glow Plug Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Automotive Glow Plug Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Automotive Glow Plug Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Automotive Glow Plug Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Automotive Glow Plug Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Automotive Glow Plug Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Automotive Glow Plug Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Automotive Glow Plug Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Automotive Glow Plug Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Automotive Glow Plug Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Automotive Glow Plug Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Automotive Glow Plug Market
TABLE 71. List of primary sources, used in the study of global Automotive Glow Plug Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Automotive Glow Plug Market, research methodology
FIG 2. Global Automotive Glow Plug Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Automotive Glow Plug Market, key trends 2022
FIG 5. Global Automotive Glow Plug Market, growth prospects 2023-2030
FIG 6. Global Automotive Glow Plug Market, porters 5 force model
FIG 7. Global Automotive Glow Plug Market, pest analysis
FIG 8. Global Automotive Glow Plug Market, value chain analysis
FIG 9. Global Automotive Glow Plug Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Automotive Glow Plug Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Automotive Glow Plug Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Automotive Glow Plug Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Automotive Glow Plug Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Automotive Glow Plug Market, regional snapshot 2020 & 2030
FIG 15. North America Automotive Glow Plug Market 2020 & 2030 (USD Billion)
FIG 16. Europe Automotive Glow Plug Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Automotive Glow Plug Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Automotive Glow Plug Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Automotive Glow Plug Market 2020 & 2030 (USD Billion)