Report Description

Spark-Plug is a device intended to fit in each cylinder of a gasoline-powered internal-combustion engine to produce the electric spark for ignition while glow plug is fitted into each cylinder of a diesel engine to heat incoming fuel and to ensure efficient combustion when the engine is cold. Vietnam Automotive Spark-Plug and Glow-Plug market is expected to grow on the back of increasing of income per capita, economic development and infrastructure construction. The country demands more passenger vehicles and commercial vehicles. Moreover, growing fluctuations in fuel prices and inclination towards engine downsizing are other major factors for growing Spark-Plug & Glow-Plugs market during the forecast period.

Some of the major players operating in Vietnam Automotive Spark-Plug and Glow-Plug market are Denso Auto Parts, Robert Bosch GmbH, Autolite, ACDelco Corporation, Borgwarner Inc, Valeo SA, Magneti Marelli Aftermarket N.A., etc.

Objective of the Study:

  • To assess the demand-supply scenario of automotive spark-plug and glow-plug market, which covers production, import, export, demand, supply, and net inventory status of Automotive Spark-Plug and Glow-Plug market in Vietnam.
  • To analyze and forecast the market size of Automotive Spark-Plug and Glow-Plug market, in terms of value as well as volume.
  • To classify and forecast Vietnam Automotive Spark-Plug and Glow-Plug market based on spark-plug type, glow-plug type, vehicle type, demand category and regional distribution.
  • To identify drivers and challenges for Vietnam Automotive Spark-Plug and Glow-Plug market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Automotive Spark-Plug and Glow-Plug market.
  • To conduct the pricing analysis for Vietnam Automotive Spark-Plug and Glow-Plug market.
  • To identify and analyze the profile of leading players involved in the manufacturing of Vietnam Automotive Spark-Plug and Glow-Plug market.

 

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To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of Automotive Spark-Plug and Glow-Plug market manufacturers and suppliers operating in Vietnam. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channels, and regional presence of all major spark-plug and glow-plug supplier in Vietnam.

TechSci Research calculated the market size for Vietnam Automotive Spark-Plug and Glow-Plug market using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as Vietnam Automobile Manufacturers Association, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Dealers/ Distributors of Automotive Spark-Plug and Glow-Plug market.
  • Raw material suppliers of the materials.
  • End users of Automotive Spark-Plug and Glow-Plug market.
  • Research organizations and consulting companies.
  • Associations, organizations, forums and alliances related to automotive spark-plug and glow-plug.
  • Original Equipment Manufacturers (OEM’s)
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Automotive Spark-Plug and Glow-Plug market manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Vehicle Type

·         Product Type

·         Demand Category

Region Scope

North, South, Central

Key Companies Profiled

Denso Auto Parts, Robert Bosch GmbH, Autolite, ACDelco Corporation, Borgwarner Inc, Valeo SA, Magneti Marelli Aftermarket N.A.

Customization Scope

10% free report customization with purchase. Addition or alteration to 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/Word format on special request)

Report Scope:

In this report, Vietnam 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:

  • Vietnam Automotive Spark-Plug and Glow-Plug Market, by Vehicle Type:
    • Passenger Car
    • Light Commercial Vehicle (LCV)
    • Medium & Heavy Commercial Vehicle (M&HCV)
  • Vietnam Automotive Spark-Plug and Glow-Plug Market, by Product Type:
    • Hot Spark Plug
    • Cold Spark Plug
    • Metal Glow Plug
    • Ceramic Glow Plug
  • Vietnam Automotive Spark-Plug and Glow-Plug Market, by Demand Category:
    • OEM
    • Replacement
  • Vietnam Automotive Spark-Plug and Glow-Plug Market, by Region:
    • North
    • South
    • Central

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam Automotive Spark-Plug and Glow-Plug market.

Available Customizations:

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

Raw Material Analysis

  • Detailed list of different raw materials used in production of Automotive Spark-Plug and Glow-Plug market, list of existing suppliers of raw materials, pricing analysis of raw materials, analysis of difference between imported and domestically procured raw materials.

Company Information

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

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.
It 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.    Product Overview 

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Impact of COVID-19 Vietnam Automotive Spark-Plug and Glow-Plug Market

6.    Vietnam Automotive Spark-Plug and Glow-Plug Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.   Market Share & Forecast

6.2.1. By Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), Medium &Heavy Commercial Vehicle (M&HCV))

6.2.2. By Product Type (Hot Spark Plug, Cold Spark Plug, Metal Glow Plug, Ceramic Glow Plug)

6.2.3. By Demand Category (OEM, Replacement)

6.2.4. By Region

6.2.5. By Company (2021)

6.3.   Market Attractive Index

7.    Vietnam Passenger Car Spark-Plug and Glow-Plug Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.   Market Share & Forecast

7.2.1. By Vehicle Type (Hatchback Sedan, SUV)

7.2.2. By Product Type

7.2.3. By Demand Category

8.    Vietnam LCV Spark-Plug and Glow-Plug Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.   Market Share & Forecast

8.2.1. By Vehicle Type (Pick Up Truck, Van)

8.2.2. By Product Type

8.2.3.     By Demand Category

9.    Vietnam M&HCV Spark-Plug and Glow-Plug Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.   Market Share & Forecast

9.2.1. By Vehicle Type (Truck, Bus)

9.2.2. By Product Type

9.2.3.     By Demand Category

10.  Market Dynamics

10.1.              Market Drivers

10.2.              Market Challenges

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  Vietnam Economic Profile

14.  Competitive Landscape

14.1.    BorgWarner Inc.

14.2.    NGK Spark Plug Co., Ltd.

14.3.    Robert Bosch GmbH

14.4.    Wellman glow plugs Co.

14.5.    KLG Spark Plugs

14.6.    ACDelco Corporation

14.7.    Autolite (Fram Group LLC)

14.8.    Federal-Mogul Powertrain

14.9.    Valeo

14.10. Weichai Power Co. Ltd.

15.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Factors like growing per capita income, development of existing assemblies and economic development and urbanization are driving the growth of the Vietnam automotive spark-plug and glow-plug market in the forecast years, 2023-2027.

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Denso Auto Parts, Robert Bosch GmbH, Autolite, ACDelco Corporation, Borgwarner Inc, Valeo SA, among others are leading the Vietnam automotive spark-plug and glow-plug market in the forecast period, 2023-2027.

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The Vietnam automotive spark-plug and glow-plug market was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2021 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Srishti Verma

Business Consultant
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