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...

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...