Automotive Ignition System Market – Trends Forecast Till 2028

Global automotive ignition system market is anticipated to reach USD 7.9 billion by 2021 and growing at a CAGR of 7.8% during the forecasting period, 2021-2028. A number of twists and turns have been witnessed in the automotive ignition system market wherein the combustion system is one of the most crucial factors that drive the design of an ignition system. The automotive industry is focusing on accelerating research on the development of new power-train with minimal usage of fuel, improvised robustness, and higher power density

An increasing number of vehicles, increasing demand for improvised vehicle performance, and strict regulatory scenarios conducted by the government are some of the factors that have supported long-term expansion for the automotive ignition system market.