Global Iridium Spark Plug Market 2023-2030
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Global Iridium Spark Plug Market 2023-2030

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

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 noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix