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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
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.
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.
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.
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 |