Automotive Ignition Cable Global Market Report 2022: Rapid Shift in Preference for Private Vehicle Ownership Driving Sector - ResearchAndMarkets.com
The "Automotive Ignition Cable Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Vehicle Type, Medium & Heavy Commercial Vehicle, OTR), By Fuel Type, By Demand Category, and By Region" report has been added to ResearchAndMarkets.com's offering
DUBLIN--(BUSINESS WIRE)--Sep 15, 2022--
The "Automotive Ignition Cable Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Vehicle Type, Medium & Heavy Commercial Vehicle, OTR), By Fuel Type, By Demand Category, and By Region" report has been added to ResearchAndMarkets.com's offering.
The global automotive ignition cable market is projected to grow at a significant CAGR during the forecast period, 2023-2027. The market growth can be attributed to the rise in the installation of electronic components in automobiles and increased production and sales of passenger cars and commercial vehicles. Besides, stringent government regulations regarding vehicle emissions in the country are contributing to the growth of the global automotive ignition cable market.
In automobiles, an ignition cable connects the ignition coil or distributor to the spark plugs. To prevent the ignition cables from becoming loose due to engine vibration, the ends of the cables are clipped to a spark plug. The supply of a high voltage spark, which travels through these ignition cables, is required for engine combustion or starting.