US Spark Plugs Market Size Likely to Surpass at a CAGR of 2.2% By 2033

As per the current market research conducted by CMI Team, the US Spark Plugs Market size is expected to record a CAGR of 2.2% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 674 Million. By 2033, the valuation is anticipated to reach USD 790 Million.

US Spark Plugs Market: Growth Factors and Dynamics

• Rising Vehicle Manufacturing and Selling: The expansion of the US automotive sector has a subsequent effect on the consumption of spark plugs. Due to the increase in manufacturing of vehicles, particularly in the focus on the recovery from the pandemic, manufacturers have to seek spark plugs for new automobiles. The increasing consumer confidence- and accompanying need for personal mobility – has also stimulated an increase in the sales of vehicles including vehicles themselves. As purchasing vehicles is not the only concern, even recreational vehicles and motorcycles have been in increasing demand. This increase in production and sales also raises a corresponding need for the spark plugs for both Original Equipment Manufacturer (OEM) and modification markets.

• Rising Demand in Aftermarket: The necessity for replacement parts such as fire plugs rises as the vehicles grow old, thus boosting the Aftermarket section. Considering countless vehicles operating on roads, with guarantee that there are a lot of vehicle owners, spare parts of the same make of the vehicles will be sought to facilitate servicing, and spark plugs are among the quick wear out parts. This growth in aftermarket is also reinforced by geometric picture of vehicle maintenance practices that is changing appeals made any person who owns a vehicle and wishes to use it for a long time. In addition, the replacement of such accessories has now been made easier, through e- commerce, wherein the consumers can easily search for and purchase spark plugs. The changing perception towards spare parts purchases has led to a continued increase in the consumption of nuts and bolts in the aftermarket market.

• Technological Advancements in Spark Plug Design: The ongoing advancement of spark plug technology improves its operability as well as its operational lifespan which is a major factor for the accelerated growth of the market. For instance, manufacturers are in the process of designing modern-day spark plugs that are made with platinum and iridium which are more heat resistant and long lasting as compared to the classical spark plug, which is made of nickel only. These added features help in the increase of fuel consumption efficiency and thereby decrease the amount of emissions produced in accordance with customer and regulatory expectations. Additionally, the introduction of after-market spark plugs that cater for performance vehicles has appealed to the customers and contributed to the growth of the product offerings and sales. The market has remained active to the spurting competition because of the strategic research and design of spark plugs.

• Emphasis on Fuel Efficiency and Emission Reduction: Association with the external pressures for lowering the emissions from vehicles and improving their fuel efficiency drives the spark plugs market to a great extent. As automakers enhance their vehicles to meet the existing stringent environmental laws, the need for spark plugs that facilitate better combustion process becomes a necessity. High-performance spark plugs ensure complete and effective combustion of the fuel which in turn helps in reducing emission and increases the mileage. Consumers tend to be more concerned about the emissions from the vehicles they are using and therefore tend to look for strategies that cut down on inefficiencies. It is this focus on efficiencies that compels manufacturers to seek new and better ignition technologies thereby creating an upward growth trend in the spark plug market as both consumers and manufacturers look for green solutions.

• Expansion of E-commerce and Online Retail Channels: The rise of the internet has changed the aspects of how consumers buy automotive components such as spark plug. Here, online stores allow one to access a wide range of goods, check prices, go through reviews and even make the purchases. This purchase mode is especially encouraging for the aftermarket, which looks for inexpensive affordable parts to restore the vehicle to operable conditions. There is home delivery and the fact that most people can sit in the comfort of their houses and search for any type of spark plug they want is appealing. Alongside the increased need for online shopping comes the need for more spark plugs in the market due to its increasing consumer base.

• Increased Popularity of High Performance and Modified Vehicles: The evolution of performance tuning and modification has hence resulted in the development of unique engineered spark plugs. Most auto madders who enhance their cars do so with primary focus on spark plugs that can withstand excess heat and provide a more improved ignition spark. As a result, more sophisticated and better designs of spark plugs have been made. Iridium and platinum spark plugs came into existence because these materials are light weight and assist in the engine’s efficiency. Speciality vehicles and racing vehicles have also led to the demand of high-performance spark plugs due to the increasing need for high performance cars. This category has huge market as more and more people are putting money into improving their cars.

US Spark Plugs Market: Partnership and Acquisitions

• In 2023, Mazda was granted the patent for an invention from the mazda skyactiv-x engine technology sequences, specifically on after-adding an extra spark plug to the system. This development improves management of spark-compression ignition (SCCI) which will therefore enhance combustion of fuel, enhance power output, reduce consumption of fuel with applications in cars like mazda 3 being possible.

• In 2024, Niterra another company headquartered in Nagoya introduced four more precious metal spark plugs into its existing premium NGK Independent Aftermarket IAM as part of its expansion strategy. In addition, an additional precious metal upgrade unit has been introduced into the market incorporating new features to the existing products.

Report Scope

US Spark Plugs Market: COVID-19 Analysis

There was a major adverse effect on the US spark plugs market during the COVID-19 crisis, especially due to the downturn of the automotive sector. This was mainly due to the imposition of lockdowns and social distancing measures which prompted the of many manufacturing plants, thus increasing the production lead times and supply chain timelines for the manufacturers of spark plugs. This consequently led to a scarcity of spark plugs in the market which greatly affected the aftermarket since there was a stoppage or reduction in the rate of production of vehicles.

In addition, the restrictions impacted on the sales of vehicles and vehicle transactions, particularly maintenance services, as many customers waited for the reduction of fear on economic recession to go for repairs and services. Travel constraints and lack of movement served to lower the usage of vehicles and hence lessened the need for services in the automotive industry, which also negatively affected the spooky plugs in the market. Such disruptions in production, decline in consumer behaviour, and alteration in buyer patterns made it difficult for the spark plugs market during covid-19 period, hence sales went down and growth was also slow during this time.

List of the prominent players in the US Spark Plugs Market:

• ACDelco
• Autolite
• Bosch Automotive Products GmbH
• Cando Automotive Parts Co. Ltd.
• Centrica plc
• Champion Laboratories Inc.
• Denso Corporation
• E3 Spark Plugs
• Federal-Mogul Holdings Corporation
• Heraeus Holding GmbH
• KLG Spark Plug Co. Ltd.
• Magneti Marelli S.p.A.
• NGK Spark Plug Co. Ltd.
• S&B Filters Inc.
• Wells Vehicle Electronics
• Others

The US Spark Plugs Market is segmented as follows:

By Material

• Nickel
• Platinum
• Iridium
• Conventional Spark Plugs
• Others

By Application

• Marine Engines
• Small Engines
• Motorcycle
• Automotive
• Others

By Sales Channel

• OEM
• Aftermarket