How About Spark Plugs for Aftermarket

Home / News / How About Spark Plugs for Aftermarket

How About Spark Plugs for Aftermarket

Update:12 May, 2022

 

The global market for Industry Spark Plugs for Aftermarket is estimated to grow at a CAGR of around 10.6% during the period from 2017 to 2028. This growth is anticipated to be sustained in the following years, and key players are adopting various strategies to boost their market shares. This report provides an insight into the major trends and drivers that are driving the market growth. The report provides an accurate market forecast and highlights the most promising opportunities to increase revenue.

The types of spark plugs are categorized according to the electrode materials used. These spark plugs can be copper, iridium, platinum, and others. Copper is expected to dominate the market during the forecast period. This is mainly due to its better conductivity and reduced cost. Other material options include nickel, titanium, and zinc. However, copper electrode material is expected to remain the leading segment during the forecast period. This is due to the fact that copper electrode material is less expensive than other materials.

Industry spark plugs are derived from automotive spark plugs and have been improved to suit their use in industrial applications. Commonly, they consist of a cylindrical central electrode with a precious metal pin. Ground electrodes consist of two to four fingers and may be provided with a precious metal plate portion. These spark plugs are also known as "finger" spark plugs. Besides being more efficient, they also feature higher service life than other types.

A recent report highlights some of the key challenges and trends in the industry. Global growth has been affected by COVID-19 pandemic, which has also affected the Spark Plugs for Aftermarket market. The report also explores the characteristics of this market, including its growth rate, key factors influencing market growth, and barriers to entry. There are several other market segments in the industry, and each of these segments offers its own unique set of challenges to overcome in order to increase productivity and profitability.

The global spark plug market is driven by several factors including stringent regulations, upcoming technological developments, and the high cost of fuel. In addition, the demand for automotive spark plugs is expected to increase owing to the soaring demand for hybrid and electric vehicles. The rise of industrial and recreational vehicles is another driving force in the industry, along with increasing production of gasoline. The high fuel prices are also fueling the demand for high-performance spark plugs, thus boosting market growth.

The types of spark plugs available in the market depend on the material used in their electrode. Copper spark plugs have a copper core electrode covered with nickel-alloy coating. They are suitable for performance applications requiring higher compression and heat. The copper spark plugs' lifespan is approximately 20,000 miles, while platinum spark plugs have a longer lifespan than their copper counterparts. But before making your purchase, make sure to check the compatibility of your vehicle with the type of spark plug.