Global Iridium Spark Plug Market 2023-2030

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    GLOBAL IRIDIUM SPARK PLUG MARKET

     

    INTRODUCTION

    Spark plugs made of iridium are the highest performing category available and feature cutting-edge technology. These spark plugs have a thermo-edge design for the central electrode and employ extremely rare Iridium metal at the tip of the 0.6mm diameter centre electrode.

     

    Iridium is said to be six times harder and eight times stronger than platinum with a 700° higher melting point. Iridium spark plugs have extremely fine electrodes while retaining excellent wear characteristics.

     

    Thanks to its strength, iridium spark plugs can last up to 25% longer than comparable platinum spark plugs.

     

     

    Iridium spark plugs start engines better than other spark plug types because the spark is focused heavily in the core electrode, requiring less voltage to operate. This decreases power usage while also speeding up and improving ignitions.

     

     

    GLOBAL IRIDIUM SPARK PLUG MARKET SIZE AND FORECAST

     

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    The Global Iridium Spark Plug market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    The new Bosch Iridium spark plug was created utilising the same cutting-edge design, production, and material breakthroughs seen in Bosch spark plugs utilised by domestic, Asian, and European OEMs all over the world.

     

    Spark plug technology saw a substantial transformation as a result of the transition to smaller engines and from carburetors to port injection to gasoline direct injection (GDI), the expert stated.

     

    The fine-wire centre electrode made of our special iridium alloy was developed in close cooperation with automakers to withstand the rigours of contemporary engines.

     

    Iridium is more durable to handle the high voltage passing through the spark plug wire than platinum because it is more harder and stronger than platinum.

     

    Parts for iridium spark plugs are also resistant to corrosion. As a result, its insulator tip, spark plug threads, centre electrode, and ground electrode cannot be quickly worn out by the harsh conditions inside the combustion chamber.

     

    Spark plug replacement can be exceedingly challenging if a spark plug becomes caught in a cylinder head due to corroded spark plug threads. Worst-case scenarios involve the cylinder head being harmed and needing to be replaced as well.

     

     

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

     

    1. How many Iridium Spark Plug s are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a  Global Iridium Spark Plug  and key vendor selection criteria
    3. Where is the Iridium Spark Plug  manufactured? What is the average margin per unit?
    4. Market share of Global Iridium Spark Plug  market  manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Iridium Spark Plug  in-house
    6. key predictions for next 5 years in Global Iridium Spark Plug  market
    7. Average B-2-B Iridium Spark Plug  market price in all segments
    8. Latest trends in Iridium Spark Plug  market, by every market segment
    9. The market size (both volume and value) of the Iridium Spark Plug  market in 2023-2030 and every year in between?
    10. Production breakup of Iridium Spark Plug  market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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