Fact.MR has compiled a report titled "Automotive Ignition System Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022". With the focus on the key trends prevailing in the market, the automotive ignition system market elaborated on the key drivers, restraints and future opportunities in the market. A thorough analysis on the historical data, current market scenario and future market performance forms the groundwork of the assessed market forecast in the automotive ignition system market report.
As the price of gasoline soars and environmental issues with respect to vehicle exhaust garners attention, the auto industry is furthering research on development of novel power-train systems with higher power density, less fuel consumption and improved robustness. The ignition system, being an essential part of the power-train system, plays invaluable role in system’s efficiency, robustness and exhaust pollution reduction.
Ever since the first availability of keyless ignition systems in the early 2000s in luxury models, it received flak for various reasons. However, it is now available in more mainstream vehicles with turbocharged gasoline direct injection engines. However, National Highway Traffic Safety Administration has raised questions towards the drivers who shut off the engine without putting the vehicle in park; drivers who inadvertently leave the engine active— increases the vulnerability of carbon monoxide poisoning in a confined environment. To address this issue, NHTSA suggests drivers to watch its safety video and follow some basic safety tips.
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There has been growing traction for electric vehicle amid rigid emission standards, which has led to the shift towards electric automotive ignition system from traditional automotive ignition systems. Being backed up by surged reliability and efficacy, automotive ignition system are anticipated to tick over a third of the total market share.
Amidst stringent emission standards, distribution-less automotive ignition systems are being embraced owing to its emission reduction, fuel economy and durability. Against the backdrop of electronic automotive ignition systems encountering confrontation with respect to distributor maintenance and spark-time accuracy, distributor-less ignition system was aptly developed as a smart automotive ignition system delivering reliable and efficient ignition systems.
Automotive Ignition Market: Overview
The report offers a thorough analysis on the automotive ignition market with the aid of quantitative and qualitative analysis. The report focuses on the major drivers, trends, opportunities and restraints that have significant influence in the growth of the automotive ignition market. In order to provide readers with the holistic picture of the automotive ignition, the market has been segmented.
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Automotive Ignition System Recalls Continue to Pose Challenges to Overall Market Progress
Reliability of automotive ignition systems is always questioned owing to the past incidences of defective automotive ignition systems and associated recalls by automotive industry titans. In the list of automotive ignition system recalls, General Motors, Nissan, Chrysler and Toyota among others are included that are highly esteemed for the reliability of their automotive parts.
Automotive Ignition System Market Evolves around Ever-Stringent Emission Standards
While emission standards continue to determine the development of the automotive industry, automotive ignition system market remains at the front of the challenges. As emissions and fuel economy are collectively influenced by the engine combustion system design, spark-ignition engines have been covered in multiple regulatory frameworks across global regions.
The actionable insights in the report is the result of primary sources, including surveys, interactions in person, a reliable and authentic views of seasoned analyst, interviews and perusal of experts. In addition, the report is propelled by secondary sources incorporating trade journals, resourceful database and authentic and verified paid sources. The report is also backed up by absolute dollar opportunity analysis which has considerable influence in shaping the growth of the automotive ignition market.
Automotive Ignition Market: Competitive Landscape
The competitive landscape section of the automotive ignition system market delivers a comprehensive list of key manufacturers, distributors and suppliers. A comprehensive view of leading companies is elaborated in the company profile segment where in-detailed information on the product portfolio, recent innovation, and notable developments are discussed. Few of the profiles key players in the automotive ignition system market report include BorgWarner, Delphi Automotive LLP, Denso Corporation, Federal-Mogul, Robert Bosch, CEP Technologies Corporation, Hitachi Automotive Systems Americas, Inc., Continental AG, Wells Vehicle Electronics, Diamond Electric Mfg. Corp, and Valeo among others.
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