The global automotive glow plug market revenue was around US$ 2.8 billion in 2022 and is estimated to reach US$ 4 billion by 2031, growing at a compound annual growth rate (CAGR) of 4.1% during the forecast period from 2023 to 2031.

A glow plug is a small heating device that is utilized to ignite the diesel engine in vehicles. A glow plug heats the air and fuel mixture to ignite the car engine. It is placed into each cylinder block of a diesel engine with a heating system component to heat the arriving air and fuel mixture to assure efficient combustion when the engine is cold.

Factors Influencing Market Growth

- The global automotive glow plug market is encountering growth due to a surge in demand for commercial vehicles, and the rise in production of vehicles globally.

- The rise in demand for electric vehicles is the factor hindering the growth of the automotive glow plug market.

- The growth in aftermarket sales is the factor anticipated to offer growth opportunities to the global automotive glow plug market during the forecast period.

Impact of COVID-19

The spread of the COVID-19 pandemic had a negative influence on the automotive glow plug market. The sale of automotive glow plugs is directly related to sales activities and automotive production across the world.

Regional Analysis

Asia-Pacific is anticipated to dominate the global automotive glow plug market during the forecast period. The rise in investment in industries like transportation and automation has pushed the growth of the automotive glow plug market in this region.

Leading Companies

The leading prominent companies profiled in the global automotive glow plug market are: -

- Denso Corporation
- BorgWarner Inc
- Ford Motor Company
- General Motors Company
- Kyocera Corporation
- Marelli Holdings Co., Ltd
- NGK Spark Plug Co., Ltd
- Robert Bosch GmbH
- Siemens AG
- Tenneco Inc
- Valeo S.A.
- Weichai Power Co., Ltd.
- Other prominent key players

Segmentation Outline

The global automotive glow plug market segmentation focuses on Vehicle Type, Sales Channel, Type, and Region.

Segmentation based on Vehicle Type

- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles

Segmentation based on Sales Channel

- OEM
- Aftermarket

Segmentation based on Type

- Metal Glow Plug
- Ceramic Glow Plug

Segmentation based on Region
- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa