The Spark Plug Manufacturing industry has experienced steady growth since the recession, when downstream demand from automakers plummeted with falling consumer vehicle purchases. But automakers have since ramped up production and increased their demand for spark plugs. Nevertheless, over the next five years, low-cost imports will continue to pressure the industry's growth, which will encourage more companies to offshore their production capabilities to improve profit.
This industry manufactures spark plugs for vehicles. Spark plugs are electrical devices that are used to ignite compressed fuels in internal combustion engines, enabling a driver to start a car with this type of engine. Spark plugs are sold to auto manufacturers and in the aftermarket to consumers directly.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.