Saudi Arabia Automotive Spark Plug and Glow Plug Market Share, Size and Growth 2028

Summary

Report Description

Saudi Arabia Automotive Spark Plug and Glow Plug Market is being driven by an increase in automotive demand in the country, and the tightening of government laws and standards regarding emissions and fuel economy. The Saudi Arabia automotive industry has experienced significant growth over the years, with a rising number of vehicles on the road. It has created a consistent demand for spark plugs as they require regular replacement due to wear and tear. The market is influenced by factors such as vehicle sales, vehicle parc (total number of vehicles in operation), and maintenance practices. Several global sparks plug manufacturers cater to the Saudi Arabian market, including NGK, Bosch, Denso, and Champion. These companies offer a wide range of spark plugs to suit different engine types and applications. Additionally, local distributors and retailers play a crucial role in supplying spark plugs to workshops, service centers, and end consumers.

Spark Plug is a component that goes into the cylinder head of an internal combustion engine and has two electrodes that are spaced apart by an air gap, which is where the spark for combustion is created when current from the ignition system discharges.
similarly, Glow plugs are primarily used in diesel engines to heat the combustion chamber for easier cold starts, especially in colder climates. While diesel vehicles are not as prevalent in Saudi Arabia compared to gasoline-powered vehicles, there is still a demand for glow plugs in certain sectors such as commercial vehicles, construction equipment, and agricultural machinery. In terms of market dynamics, factors such as government policies, economic conditions, and technological advancements in the automotive industry can influence the demand for both spark plugs and glow plugs in Saudi Arabia.

The market for automotive spark plugs and glow plugs is a crucial segment of the world automotive sector. These parts are crucial to how cars work and have a big impact on how effectively and effectively they operate as a whole. In addition, the market's rise has been significantly aided by the booming global automotive industry and the rising demand for environmentally friendly and fuel-efficient automobiles. It is crucial for a consultant or industry expert to undertake in-depth market research to discover the newest trends, scientific breakthroughs, and business possibilities in the automotive sparkplug and glow-plug market. This study can aid businesses in maintaining their competitiveness, streamlining their processes, and promoting development in this fast-paced industry.

Market Overview

The market is expected to be hampered by the growth in sales of electric vehicles in the region. The Saudi Arabia government push to electric vehicles is expected to hamper the growth of the market in the forecast years. Similarly, the technological advancement in the industry is due to the rising emission concerns and such emission norms are forcing automotive spark plug and glow plug manufacturers to enhance their product efficiency and match the country specific requirements.

Saudi Arabia is a major producer of oil and gas, but the government is working to create renewable energy sources. Long-term demand for combustion engine components such as spark plugs, and glow plugs may be impacted by the move to renewable energy. Similarly, makers of spark plug, and glow plugs are always spending time in research and development to increase their efficiency and performance. Advances in technology may stimulate demand for higher-quality, more modern spark plugs and glow plugs in Saudi Arabia.

Growing Automotive Industry

The Saudi Arabia automobile industry has been steadily expanding, owing to reasons such as rising population, increased disposable income, and government measures to develop the sector. This expansion translates directly into increased demand for spark plugs and glow plugs as these components require frequent replacement and maintenance. In Saudi Arabia, the total number of automobiles on the road, known as the vehicle parc, is increasing. since the vehicle fleet increased, so does the need for spark plugs and glow plugs since these components must be updated on a regular basis to ensure maximum engine performance. Vehicles must be serviced and maintained on a regular basis to ensure their longevity and performance. This creates a consistent demand for spark plugs and glow plugs in the aftermarket sector, where workshops, service centers, and individual consumers replace worn-out components.

Technological Advancements

The spark plugs and glow plug market benefit from ongoing technological advancements. Manufacturers are continuously investing in research and development to improve the performance and efficiency of these components, leading to higher demand for advanced spark plugs and glow plugs that offer better ignition and fuel efficiency. Technological advancements in ignition systems, such as direct injection and stratified charge ignition, can improve engine efficiency and performance. These advancements may influence the design and specifications of spark plugs and glow plugs. Similarly, the Integration of connectivity and sensors in vehicles allows for more precise engine control and diagnostics. Smart spark plugs or glow plugs equipped with sensors could provide real-time data on engine conditions and contribute to more efficient and optimized ignition processes.

Electric Vehicle Adoption & Import Dependency

The trend towards electric vehicles poses a long-term challenge to the spark plug and glow plug market in Saudi Arabia. As more consumers shift to electric vehicles, the demand for traditional combustion engine components, including spark plugs and glow plugs, is likely to decline. Saudi Arabia has set targets for increasing the share of electric vehicles in the transportation sector, which could impact the demand for these components. Similarly, Saudi Arabia relies on imports for a significant portion of its automotive components, including spark plugs and glow plugs. This dependency on imports can lead to challenges related to supply chain disruptions, currency fluctuations, and import duties, which may impact the availability and pricing of these components. This shift could result in a decline in the demand for these components over time.

The rising demand and sales of commercial vehicles (due to the expansion in the e-commerce sector, resulting in growth in the logistics and construction sectors) is one of the primary drivers driving the market's growth. However, factors such as increasing penetration and demand for electric vehicles, as well as functional issues, may the market's growth. Similarly, the most prevalent spark plug materials are platinum and iridium, with iridium-based cold type spark plugs being particularly well-liked in high-performance engines. On the other hand, the need for factory installed glow plugs has been declining as sedan sales have decreased due to the transition to downsized gasoline engines from traditional diesel engines.

The COVID-19 pandemic had a negative impact on the market. During pandemic Sales of both new and used cars have reached historic lows, which has significantly reduced demand for accessories like glow plugs and spark plugs. Manufacturing was extremely limited or nonexistent in certain places due to social distance norms and the global state of emergency. Overall, the market has recovered from, but the pandemic has impacted the market growth. The market for spark plugs and glow plugs might eventually decline as more and more people across the world switch to driving electric vehicles. The government of Saudi Arabia has established goals for expanding the proportion of electric cars in the nation' transportation sector, which may have an influence on the demand for traditional combustion engine components.

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Market Segmentation

The Saudi Arabia Automotive Spark Plug and Glow-Plug Market is segmented based on vehicle type, product type, demand category, and region. Based on vehicle type, the market is segmented into two-wheelers, passenger cars, light commercial vehicles (LCV), medium & heavy commercial vehicles (M&HCV). By product type, the market is segmented into spark plug and Glow plug. By Demand Category, the market is segmented into OEM and Replacement. Based on region, the market is segmented into central region, western region, eastern region, southern region, and northern region.

Company Profiles

NGK Spark Plug Middle East Fze, Denso Auto Parts, Robert Bosch GmbH, AC Delco Corporation, Borgwarner Inc, Valeo SA, Magneti Marelli Aftermarket N.A, Champion Auto Parts, Weichai Torch Technology Co., Ltd etc.

Attribute	Details
Base Year	2022
Historical Years	2018–2022
Estimated Year	2023
Forecast Period	2024–2030
Quantitative Units	Revenue in USD Billion, Volume in Thousand Units, and CAGR for 2018-2022 and 2023-2030
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	By Vehicle Type By Product Type By Demand Category By Region
Regional Scope	Central Region, Western Region, Eastern Region, Southern Region, and Northern Region.
Country Scope	Saudi Arabia
Key Companies Profiled	NGK Spark Plug Middle East Fze, Denso Auto Parts, Robert Bosch GmbH, AC Delco Corporation, Borgwarner Inc, Valeo SA, Magneti Marelli Aftermarket N.A, Champion Auto Parts, Weichai Torch Technology Co., Ltd etc.
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, Saudi Arabia Automotive Spark Plug and Glow-Plug Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· Saudi Arabia Automotive Spark Plug and Glow-Plug Market, By Vehicle Type:

Two- Wheelers
Passenger Cars
Light Commercial Vehicles (LCV)
Medium & Heavy Commercial Vehicles (M&HCV)
OTR

· Saudi Arabia Automotive Spark Plug and Glow-Plug Market, By Tire Type:

Bias
Radial

· Saudi Arabia Automotive Spark Plug and Glow-Plug Market, By Region:

o Central Region

o Western Region

o Eastern Region

o Southern Region

o Northern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Automotive Spark Plug and Glow-Plug Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia Automotive Spark Plug and Glow Plug Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Impact of COVID-19 on Saudi Arabia Automotive Spark Plug and Glow-Plug Market

4.1. Key Segments Impacted

4.2. Key Regions Impacted

5. Voice of Customer Analysis

5.1. Factors Influencing Purchase Decision

5.2. Brand Awareness

5.3. Brand Satisfaction Level

6. Saudi Arabia Automotive Spark Plug and Glow-Plug Market Outlook

6.1. Market Size & Forecast

6.1.1. By Volume

6.1.2. By Value

6.2. Market Share & Forecast

6.2.1. By Vehicle Type Market Share Analysis (Two- Wheelers, Passenger Cars, Light Commercial Vehicles (LCV), Medium & Heavy Commercial Vehicles (M&HCV))

6.2.2. By Product Type Market Share Analysis (Spark Plug Vs. Glow-Plug)

6.2.3. By Demand Category Market Share Analysis (OEM Vs. Replacement)

6.2.4. By Regional Market Share Analysis

6.2.4.1. Northern Region Market Share Analysis

6.2.4.2. Southern Region Market Share Analysis

6.2.4.3. Eastern Region Market Share Analysis

6.2.4.4. Western Region Market Share Analysis

6.2.4.5. Central Region Market Share Analysis

6.2.5. By Company Market Share Analysis (By Value, 2022)

6.3. Saudi Arabia Automotive Spark Plug and Glow-Plug Market Mapping & Opportunity Assessment

6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment

6.3.2. By Product Type Market Mapping & Opportunity Assessment

6.3.3. By Demand Category Market Mapping & Opportunity Assessment

6.3.4. By Regional Market Mapping & Opportunity Assessment

7. Saudi Arabia Two-Wheelers Spark Plug and Glow-Plug Market Outlook

7.1. Market Size & Forecast

7.1.1. By Volume

7.1.2. By Value

7.2. Market Share & Forecast

7.2.1. By Vehicle Type Market Share Analysis (Scooters/Mopeds Vs. Motorcycle)

7.2.2. By Product Type Market Share Analysis

7.2.3. By Demand Category Market Share Analysis

8. Saudi Arabia Passenger Cars Spark Plug and Glow-Plug Market Outlook

8.1. Market Size & Forecast

8.1.1. By Volume

8.1.2. By Value

8.2. Market Share & Forecast

8.2.1. By Vehicle Type Market Share Analysis (Hatchback, Sedan, SUV)

8.2.2. By Product Type Market Share Analysis

8.2.3. By Demand Category Market Share Analysis

9. Saudi Arabia Light Commercial Vehicles Spark Plug and Glow-Plug Market Outlook

9.1. Market Size & Forecast

9.1.1. By Volume

9.1.2. By Value

9.2. Market Share & Forecast

9.2.1. By Vehicle Type Market Share Analysis (Pickup Trucks, Vans)

9.2.2. By Product Type Market Share Analysis

9.2.3. By Demand Category Market Share Analysis

10. Saudi Arabia Medium & Heavy Commercial Vehicles Spark Plug and Glow-Plug Market Outlook

10.1. Market Size & Forecast

10.1.1. By Volume

10.1.2. By Value

10.2. Market Share & Forecast

10.2.1. By Vehicle Type Market Share Analysis (Trucks Vs. Buses)

10.2.2. By Product Type Market Share Analysis

10.2.3. By Demand Category Market Share Analysis

11. Saudi Arabia OTR Vehicles Spark Plug and Glow-Plug Market Outlook

11.1. Market Size & Forecast

11.1.1. By Volume

11.1.2. By Value

11.2. Market Share & Forecast

11.2.1. By Vehicle Type Market Share Analysis (Mining, Construction, Agricultural and Others)

11.2.2. By Product Type Market Share Analysis

11.2.3. By Demand Category Market Share Analysis

12. Market Dynamics

12.1. Market Drivers

12.2. Market Challenges

13. Market Trends & Developments

14. Porter’s Five Forces Model

14.1. Competitive Rivalry

14.2. Bargaining Power of Suppliers

14.3. Bargaining Power of Buyers

14.4. Threat of New Entrants

14.5. Threat of Substitutes

15. Policy & Regulatory Landscape

16. Saudi Arabia Economic Profile

17. Competitive Landscape

17.1. Company Profiles (Up To 10 Leading Companies)

17.1.1. NGK Spark Plug Middle East Fze

17.1.1.1. Company Details

17.1.1.2. Products & Services

17.1.1.3. Recent Development

17.1.1.4. Key Management Personnel

17.1.2. Denso Auto Parts.

17.1.2.1. Company Details

17.1.2.2. Products & Services

17.1.2.3. Recent Development

17.1.2.4. Key Management Personnel

17.1.3. Robert Bosch GmbH

17.1.3.1. Company Details

17.1.3.2. Products & Services

17.1.3.3. Recent Development

17.1.3.4. Key Management Personnel

17.1.4. AC Delco Corporation

17.1.4.1. Company Details

17.1.4.2. Products & Services

17.1.4.3. Recent Development

17.1.4.4. Key Management Personnel

17.1.5. Borgwarner Inc

17.1.5.1. Company Details

17.1.5.2. Products & Services

17.1.5.3. Recent Development

17.1.5.4. Key Management Personnel

17.1.6. Valeo SA

17.1.6.1. Company Details

17.1.6.2. Products & Services

17.1.6.3. Recent Development

17.1.6.4. Key Management Personnel

17.1.7. Magneti Marelli Aftermarket N.A

17.1.7.1. Company Details

17.1.7.2. Products & Services

17.1.7.3. Key Market Focus & Geographical Presence

17.1.7.4. Recent Development

17.1.7.5. Key Management Personnel

17.1.8. Champion Auto Parts

17.1.8.1. Company Details

17.1.8.2. Products & Services

17.1.8.3. Recent Development

17.1.8.4. Key Management Personnel

17.1.9. Weichai Torch Technology Co., Ltd

17.1.9.1. Company Details

17.1.9.2. Products & Services

17.1.9.3. Recent Development

17.1.9.4. Key Management Personnel

18. Strategic Recommendations

18.1. Key Focus Areas

18.2. Target Regions

18.3. Target Vehicle Type

19. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What are the major factors driving the Saudi Arabia Automotive Spark Plug and Glow-Plug Market?

The growth in the automobile industry especially the rise in the sales of the commercial vehicles is expected to drive the Saudi Arabia Automotive Spark Plug and Glow plug Market in the forecast years.

Which category is leading in the vehicle type segment in the Saudi Arabia Automotive Spark Plug and Glow-Plug Market in the forecast period?

The passenger car segment captures most of the market share, and it is expected to witness rise in demand and the increasing ICE vehicles are expected to generate demand for spark plugs and glow plugs in the country.

Who are the top players in the Saudi Arabia Automotive Spark Plug and Glow-Plug Market?

The major player contributing to the Saudi Arabia Automotive Spark Plug and Glow-Plug Market are NGK Spark Plug Middle East Fze, Denso Auto Parts, Robert Bosch GmbH, AC Delco Corporation, Borgwarner Inc, Valeo SA, Magneti Marelli Aftermarket N.A, etc.

What factors are expected to restrain the growth in the Saudi Arabia Automotive Spark Plug and Glow-Plug Market?

The rising adoption of the electric vehicles in the country is expected to hinder the growth of Saudi Arabia Automotive Spark Plug and Glow-Plug Market in the forecast period.

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Press Release

Saudi Arabia Automotive Spark Plug and Glow Plug Market to be Dominated by Passenger Car Segment Until 2028

Jun, 2023

The growth of the automobile industry and the technological advancement are few factors that are expected to drive the market in the forecast years.

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