Automotive Ignition Coil Market Set to Reach US$ 5,108.65 Million by 2033

The automotive ignition coil market growth is expected to reach US$ 3,289.60 million in 2023. The market is predicted to reach a value of US$ 5,108.65 million in 2033. Between 2023 and 2033, the market is expected to register a CAGR of 4.50%. Coils perform the same basic function in all modern petrol engines, creating …

Demand for Automotive Ignition Coil Market ; Need to Improve Engine Efficiency and Light-Weight Cars are Encouraging Automakers to Develop Modern Dual Spark Ignition Coils

The global automotive ignition coil market is expected to grow at a 4.4 percent CAGR between 2021 and 2031, according to Future Market Insights (FMI). The market for dual spark ignition coils will continue to grow as more people use them. As growing economies such as India, China, and South Korea place a greater emphasis …