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The automotive ignition coil market is expected to reach US$ 3,289.60 million in 2023. The market is predicted to reach a value of US$ 5,108.65 million in 2033. Between 2023 and 2033, the market is expected to register a CAGR of 4.50%. Coils perform the same basic function in all modern petrol engines, creating the high voltage to light the spark plugs.

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Emission control policies and technological advancements drive demand for automotive ignition coils, expected to grow at a 4.5% CAGR to reach $5.1 B by 2033

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