Posts

Showing posts with the label Federal-Mogul Corporation

Automotive spark and glow plugs Market With Strategic Trends Growth, Demand & Future Potential Of Industry With Deep Insight of Forecast Years 2025

According to Trends Market Research (TMR) report, titled “Automotive spark & glow plugs Market by 2025”, the  global automotive spark & glow plugs market  is projected to exhibit moderate CAGR, accounting for US$ XX billion in the forecast period from 2018 to 2025. Some key factors fueling the growth of the global market for automotive spark & glow plugs include growing production of automotive and vehicle parc, forthcoming stringent efficiency of fuel and certain norms related to emissions. Also, spark & glow plugs manufacturers’ durable business contracts with several OEMs help them in reducing cost of production duo to which profit margins increases and in turn shields them from cost fluctuations. These factors are also boosting the market growth during the forecast period. However, growing market demand for electric vehicles owing to fluctuating cost of fuel, rising awareness about environment and ongoing shift to engine downsizing is estimated to hinde...