Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Automotive Spark & Glow Plugs market in this environment.
In terms of revenue, this research report indicated that the global Automotive Spark & Glow Plugs market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Automotive Spark & Glow Plugs industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ? ? NGK Spark Plug aims at producing XX Automotive Spark & Glow Plugs in 2020, with XX % production to take place in global market, ? ? Federal-Mogul Corporation accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Automotive Spark & Glow Plugs Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Automotive Spark & Glow Plugs Market?
NGK Spark Plug
Federal-Mogul Corporation
Denso Corporation
Robert Bosch
Borgwarner
Weichai Power
Valeo
ACDelco
Magneti Marelli Aftermarket
...
Major Type of Automotive Spark & Glow Plugs Covered in XYZResearch report:
Type I
Type II
Application Segments Covered in XYZResearch Market
Application 1
Application 2
Application 3
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Automotive Spark & Glow Plugs Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Type I -Product Introduction and Major Manufacturers
1.1.2 Type II -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Automotive Spark & Glow Plugs Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Automotive Spark & Glow Plugs Market
3.1.1 Top Companies leading Automotive Spark & Glow Plugs Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Automotive Spark & Glow Plugs Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Automotive Spark & Glow Plugs Market
3.2.1 Top Companies leading Automotive Spark & Glow Plugs Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Automotive Spark & Glow Plugs Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Automotive Spark & Glow Plugs Market
3.3.1 Top Companies leading Automotive Spark & Glow Plugs Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Automotive Spark & Glow Plugs Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Automotive Spark & Glow Plugs Market
3.4.1 Top Companies leading Automotive Spark & Glow Plugs Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Automotive Spark & Glow Plugs Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Automotive Spark & Glow Plugs Market
3.5.1 Top Companies leading Automotive Spark & Glow Plugs Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Automotive Spark & Glow Plugs Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Automotive Spark & Glow Plugs Market
3.6.1 Top Companies leading Automotive Spark & Glow Plugs Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Automotive Spark & Glow Plugs Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Automotive Spark & Glow Plugs Market
3.7.1 Top Companies leading Automotive Spark & Glow Plugs Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Automotive Spark & Glow Plugs Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Automotive Spark & Glow Plugs Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Automotive Spark & Glow Plugs Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Automotive Spark & Glow Plugs Sales and Growth Rate (2021-2026)
5.2 Global Automotive Spark & Glow Plugs Sales Value and Growth Rate (2021-2026)
6 Automotive Spark & Glow Plugs Competitive Analysis
6.1 NGK Spark Plug
6.1.1 NGK Spark Plug Company Profiles
6.1.2 NGK Spark Plug Product Introduction
6.1.3 NGK Spark Plug Automotive Spark & Glow Plugs Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Federal-Mogul Corporation
6.2.1 Federal-Mogul Corporation Company Profiles
6.2.2 Federal-Mogul Corporation Product Introduction
6.2.3 Federal-Mogul Corporation Automotive Spark & Glow Plugs Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Denso Corporation
6.3.1 Denso Corporation Company Profiles
6.3.2 Denso Corporation Product Introduction
6.3.3 Denso Corporation Automotive Spark & Glow Plugs Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Robert Bosch
6.4.1 Robert Bosch Company Profiles
6.4.2 Robert Bosch Product Introduction
6.4.3 Robert Bosch Automotive Spark & Glow Plugs Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Borgwarner
6.5.1 Borgwarner Company Profiles
6.5.2 Borgwarner Product Introduction
6.5.3 Borgwarner Automotive Spark & Glow Plugs Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Weichai Power
6.6.1 Weichai Power Company Profiles
6.6.2 Weichai Power Product Introduction
6.6.3 Weichai Power Automotive Spark & Glow Plugs Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Valeo
6.7.1 Valeo Company Profiles
6.7.2 Valeo Product Introduction
6.7.3 Valeo Automotive Spark & Glow Plugs Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 ACDelco
6.8.1 ACDelco Company Profiles
6.8.2 ACDelco Product Introduction
6.8.3 ACDelco Automotive Spark & Glow Plugs Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Magneti Marelli Aftermarket
6.9.1 Magneti Marelli Aftermarket Company Profiles
6.9.2 Magneti Marelli Aftermarket Product Introduction
6.9.3 Magneti Marelli Aftermarket Automotive Spark & Glow Plugs Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
7 Conclusion
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