Market overview Automotive ignition coils are often used in vehicles that help to induce the engine coils. This further produces an electric spark that helps in the movement of the vehicle. They are majorly used for efficient and smooth functioning of the engine, and thus the productivity of the engine is also increased. The automotive ignition coil aftermarket stood at a global market...

According to a new report published by UnivDatos, Global Automotive ignition Market is expected to grow at a significant rate of around 3% during the forecast period. Investors hunting for resilient auto‑parts niches should take a closer look at ignition coils—the unsung heroes that give spark to every gasoline powertrain on the road today. Despite chatter around full electrification,...

MARKET OVERVIEW The ignition coil market, from the recent research reports, is anticipated to grow from 9 billion in 2020 to 14 billion by 2028 with a compound annual growth rate (CAGR) of 5%. Spark or ignition coils are induction coils present in the automobile vehicle's ignition system which helps in transforming the battery’s low voltage to thousands of volts which in turn generate the...