Spark Plug Market - Current Impact to Make Big Changes During Forecast Period 2022-2030
Spark Plug Market Summary - The global Spark Plug Market is garnering substantial traction. The market growth is attributed to the increasing adoption of spark plugs across the industry verticals. Besides, the growing demand for advanced spark plugs due to the spurting growth in automotive and marine industries drives the market growth. Moreover, rising usages of spark plugs in various industrial and other applications escalate the development of the market. According to Market Research Future (MRFR), the spark plug market valuation is poised to reach approximately USD 6.5 BN, registering 5% CAGR during the assessment period. Over the last couple of years, spark plug technology has evolved dramatically. Advanced spark plugs improve cold starting and generate adequate combustion, which increases the fuel efficiency and performance of the vehicles. Additionally, stringent regulations & norms implemented by the governments to control emissions and improve fuel effici...