SHARE
Automotive Crank Trigger Market

Automotive Crank Trigger Market Forecasts to 2028 – Global Analysis By Vehicle Type (Farm Services Vehicle, Heavy Commercial Vehicles, Light Commercial Vehicles, OTR (Off The Road) Vehicle, Passenger Vehicles) and By Geography

4.2 (25 reviews)
Published: September 2021 ID: SMRC20924
4.2 (25 reviews)
Published: September 2021 ID: SMRC20924

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Automotive Crank Trigger Market is accounted for $7.58 billion in 2020 and is expected to reach $12.84 billion by 2028 growing at a CAGR of 6.8% during the forecast period. Increasing concern towards fuel efficiency along with improved vehicle performance, rising automotive fleet across the globe, and rising application in high horse power engine are the major factors propelling the market growth. However, increasing penetration of electric vehicles is hampering the market growth.

An automotive crank trigger is a device that detects when the engine's crankshaft has rotated or fired and sends a sign to other devices, like an induction coil. The primary function of this component in cars with electronic fuel injection system (EFI) systems is to supply feedback for calculating atmosphere flow information using input from the airflow sensor, throttle position, and engine speed.

Based on vehicle type, the passenger vehicle segment is estimated to have a lucrative growth due to increasing demand for passenger vehicles globally. There has been endless growth within the number of drivers across geographies due to rising income and thus, there'll be a rise within the need for cars as well, which would propel the automotive crank trigger market significantly.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the factors such as growing concern towards smooth and improved performance and relatively large automotive fleet in the region. The region witnessed an increase in the automotive sales in past years. In addition, the growth is also anticipated to the growing population of Chinese consumers spending more on vehicle parts which led them to prefer the local manufacturers.

Some of the key players profiled in the Automotive Crank Trigger Market include Holley Performance Products, MSD Ignition, Chevrolet Performance, Mopar Performance, COMP Performance Group, Moroso Performance Products, R. Engineering Works, Chongqing Guanglian Qingling Auto Parts Co., Ltd., Beijing Ereach Technology Co., Ltd., and Wenzhou Baian Auto Parts Co., Ltd.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 7.58 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

6.8%

Predicted 2028 Value:

USD 12.84 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

132

Chapters Covered:

Vehicle Type, Volts of Direct Current (VDC) Power, Trigger Wheel Diameter, Sales Channel and Region

Core Drivers and Opportunities:

  • Growing automotive production
  • Increasing popularity of the amateur racing
  • Rising automotive fleet across the globe

Restraining Factors & Market Threats:

  • Rise in penetration of electric vehicles
  • Negative impact of COVID-19 on the automotive sector

 
Vehicle Types Covered:
• Farm Services Vehicle
• Heavy Commercial Vehicles
• Light Commercial Vehicles
• OTR (Off The Road) Vehicle
• Passenger Vehicles

Volts of Direct Current (VDC) Powers Covered:
• 7.5 to 15 VDC
• 15 to 30 VDC
• More than 30 VDC

Trigger Wheel Diameters Covered:
• 6 Inch
• 6.5 Inch
• 7 Inch
• 8 Inch
• More than 8 Inch

Sales Channels Covered:
• Aftermarket
• Offline Sales
• Online Sales
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Automotive Crank Trigger Market is majorly driven by growing penetration of electric vehicles across the globe and rise in demand for customized vehicles with optimum performance.

The heavy commercial vehicles segment is growing at the highest CAGR due to an increase in demand for commercial vehicles globally, owing to the rise in a number of e-commerce companies that require faster delivery services.

The North America dominated with a significant market share owing to the high concern towards smooth and improved performance and relatively large automotive fleet within the region.

Asia Pacific market is growing at the highest CAGR owing to the growing population of Chinese consumers spending more on vehicle parts which led them to prefer the local manufacturers.

Key players in Automotive Crank Trigger Market include Holley Performance Products, MSD Ignition, Chevrolet Performance, Mopar Performance, COMP Performance Group, Moroso Performance Products, R. Engineering Works, Chongqing Guanglian Qingling Auto Parts Co., Ltd., Beijing Ereach Technology Co., Ltd., and Wenzhou Baian Auto Parts Co., Ltd.

Select License Type

NEW YEAR SALE
Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials