Business

Global Automotive Ignition Magneto Market to Witness Heightened Revenue Growth During the Forecast Period

Automotive Ignition Magneto Market: Introduction

The ‘Automotive Ignition Magneto market’ study ,developed by Persistence Market Research, encompasses valuable information relating to the profitability prospects, growth dynamics, market size, market share forecast, and revenue estimations. The study descriptively charts out the competitive dashboard comprising of eminent players commanding a hefty chunk of the global market share, in consort with their portfolios & business strategies.

An automotive ignition magneto system is a permanent-magnet generator used in a gasoline or spark ignition engine. The automotive ignition system work same as a battery ignition system. The automotive ignition magneto system not required battery as the magneto act as own generator. It consists of either rotating coils in fixed magnet or rotating magnet in fixed coils. The voltage produced by the magneto flow through an induction coil to the spark plug. This high voltage current further flow through distributor which connect the spark plug of its firing order. The automotive ignition magneto used in a small spark-ignition engine like scooter, motorcycle and small motorboat engines.

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There are two types of automotive ignition magneto system the self-contain system which has coil mounted inside the mounting of automotive ignition magneto system and other automotive ignition magneto uses a battery powered external coil. The use of automotive ignition magneto is shifted towards the lawnmowers and chainsaws as they not available extra electric supply for the engine. In a modern engine the automotive ignition magneto only has single low tension winding which further connected to an external ignition coil which also ha secondary winding of thousands turn which delivers the high tension voltage to the spark plug.

Automotive Ignition Magneto Market: Dynamics

Now a days the automotive ignition magneto system is used in a portable and stationary engines where the size is limitation for usage of a battery for the ignition. The use of automotive ignition magneto system in a high performance racing engines where reliable and high voltage spark is necessary for the ignition is likely to influence the automotive ignition market globally. The owing fleet of the bike and scooter in a global market is likely to drive the demand for the automotive ignition magneto market. The trend to customize the vintage car and bikes is likely to affect the aftermarket of automotive ignition magnetos. The factor which obstruct the demand for automotive ignition magneto market are the introduction of electric vehicle as the pure electric vehicle will eliminate the ignition system from the vehicle. The new electronic ignition coil system which not required ignition magneto probably slow down the automotive ignition market globally.

Automotive Ignition Magneto Market: Segments

The automotive ignition magneto market can be segmented on the basis of vehicle type, coil type, and sales channel.

On the basis of vehicle type, the automotive ignition magneto can be segmented as:

  • Passenger Vehicle
    • Mid-size
    • Compact
    • Luxury
    • SUVs
  • Two wheelers
    • Scooters
    • Motorcycles

On the basis of coil type, the automotive ignition magneto can be segmented as:

  • Self-contain system
  • Battery powered system

On the basis of sales channel, the automotive ignition magneto can be segmented as:

  • OEMs(Original Equipment Manufacturers)
  • Aftermarket

Automotive Ignition Magneto Market: Regional Outlooks

The Asia Pacific automotive ignition magneto aftermarket is likely to grow because of enormous owing two-wheelers in region. The use of the automotive ignition magneto in high performance racing is likely to drive the demand for automotive magneto market globally. The trends of customized classic cars is likely to drive the demand for automotive ignition magneto in aftermarket globally. The North America market is accepted to grow because of vast vintage car market and enormous owing fleet of two-wheelers. The regulation on emission norms by government regulatory body is likely to slow down the demand for automotive ignition magneto in global market. The introduction of electric vehicle and ignition coil system is likely to slow down the automotive ignition magneto in global market.

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Automotive Ignition Magneto Market: Key Participants

List of some of the prominent market participants in automotive ignition magneto market are:

Key Players

  • Delphi Automotive LLP
  • Continental AG
  • Hitachi Automotive Systems Americas, Inc.
  • DENSO Corporation
  • Federal-Mogul Corporation
  • NGK Spark Plug Co., Ltd
  • Valeo SA
  • Mitsubishi Electric Corporation
  • Robert Bosch Gmbh
  • Borgwarner Inc.
  • Diamond Electric Mfg. Co. Ltd
  • Federal-Mogul Corporation
  • STRATTEC Security Corporation
  • Woodward, Inc.
  • Moran Racing Engines and Knite, Inc.
  • Wings Automobile Products Pvt. Ltd.
  • Standard Motor Products, Inc.
  • Prenco Progress and Engineering Corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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