According to a recent study by Future Market Insights, the global spark plug market is projected to achieve a favorable growth trajectory, with an estimated value of USD 11,887.3 million in sales for 2024. The market is expected to expand at a CAGR of 6% from 2024 to 2034. By the end of 2034, the …
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Spark Plug Market Sales Outlook, Regional Analysis, Key Players, Opportunity and Demand Analysis, Forecast 2031
According to ESOMAR-certified Future Market Insights’ (FMI), the spark plug market will register positive growth with the overall valuation forecast to surpass US$ 3.20 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Market players are investing towards developing spark plugs which offer long life …