Automotive spark and glow plugs Market To Show Startling Growth During Forecast Period 2021â2026 According to Trends Market Research (TMR) report, titled âAutomotive spark & glow plugs Market by 2026â, the global automotive spark & glow plugs market is projected to exhibit moderate CAGR, accounting for US$ XX billion in the forecast period from BriefingWire.com, 4/09/2021 - According to Trends Market Research (TMR) report, titled âAutomotive spark & glow plugs Market by 2026â, the global automotive spark & glow plugs market is projected to exhibit moderate CAGR, accounting for US$ --billion in the forecast period from 2018 to 2026. 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 manufacturersâ 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 hinder the growth of global market for automotive spark & glow plugs in the coming years.