The automotive starter motor and alternator market size has grown steadily in recent years. It will grow from $31.76 billion in 2024 to $33.2 billion in 2025 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to traditional internal combustion engine dominance, automotive industry growth, rising vehicle ownership, increasing complexity of vehicle electronics, maintenance, and replacement needs.
The automotive starter motor and alternator market size is expected to see strong growth in the next few years. It will grow to $41.86 billion in 2029 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to hybrid and electric vehicle adoption, advanced start-stop systems, integration of advanced technologies, increasing vehicle electrification, growing focus on fuel efficiency. Major trends in the forecast period include growing aftermarket demand, technological advancements, global regulatory standards, supply chain disruptions, increased focus on sustainability.
The increase in global automotive production is anticipated to drive the growth of the automotive starter motor and alternator market in the coming years. The term "automotive" encompasses all types of mobile machinery, including cars, trucks, buses, vans, motorcycles, and golf carts. Automotive starter motors and alternators are essential components that charge the battery and provide power to the vehicle's electrical system by converting electricity into mechanical energy, which is necessary for the operation of engines and machines. For instance, in 2023, Wards Intelligence, a U.S.-based automotive data firm, reported a roughly 10.8% rise in global light vehicle sales, totaling around 88.8 million units compared to 2022. Consequently, the growth in global automotive production is driving demand for automotive starter motors and alternators.
The growth of the automotive starter motor and alternator market is expected to be propelled by the expanding road transportation industry. This sector, covering the movement of goods and people by road, relies on essential components such as starter motors and alternators to ensure safe and efficient vehicle operation. The American Trucking Association estimates that the US gross freight revenues from trucking reached $940.8 billion, constituting 80.7% of the nation's freight bill in 2022. Additionally, around 11.46 billion tons of freight were transported by trucks in 2021, covering 195.62 miles traveled by combination trucks in the same year. The burgeoning road transportation industry plays a significant role in driving the growth of the automotive starter motor and alternator market.
A notable trend in the automotive starter motor and alternator market is the introduction of product innovations by major industry players. Companies such as Nexteer Automotive are actively incorporating innovative technologies to enhance their market position. In March 2022, Nexteer Automotive launched a 48-volt Integrated Belt-Driven Starter Generator (iBSG). This motor generator, functioning as both a starter motor and a generator, provides up to 12 kW of electric power to assist the engine. The iBSG contributes to improving fuel economy by up to 16% and reducing emissions by up to 15%. Additionally, it enables various vehicle features such as stop-start technology, electric power steering, and regenerative braking. The introduction of such innovative products reflects a key trend shaping the automotive starter motor and alternator market.
Leading companies in the automotive starter motors and alternators market are launching heavy-duty starters to improve vehicle reliability and performance in challenging conditions. These heavy-duty starters are specifically designed for trucks, buses, and commercial vehicles that need robust, high-performance solutions. For example, in January 2023, BorgWarner Inc., a U.S.-based automotive supplier, introduced the Delco Remy 150MT Starter, a heavy-duty starter that surpasses current original equipment (OE) crank requirements. Built on insights from the widely used 39MT starter, the 150MT is designed for durability and reliability, addressing the increasing demands of modern engine technologies while ensuring consistent performance in demanding environments.
In September 2024, Nippon Mirai Holdings Co., Ltd., a company based in Japan, acquired NiPPA Holdings from DENSO Corporation for an undisclosed sum. This acquisition allows Nippon Mirai to enhance its portfolio by leveraging DENSO's expertise in automotive starter motors and alternators. DENSO Corporation is also a Japan-based firm that specializes in manufacturing automotive starter motors and alternators.
Major companies operating in the automotive starter motor and alternator market include Robert Bosch GmbH, Hitachi Automotive Systems Ltd., Denso Corporation, Valeo SA, Mitsuba Corporation, Lucas Electrical Limited, Controlled Power Technologies Ltd., Mitsubishi Electric Corporation, ASMICO Technologies Limited, Cummins Inc., BBB Industries LLC, Remy International Inc., RFL Alternators, Motor Corporation of America, Hella KGaA Hueck & Co., ASMO Co. Ltd., BorgWarner Inc., Mahle GmbH, Broad-Ocean Motor Co. Ltd., Cummins Generator Technologies, Magneti Marelli S.p.A., Mando Corporation, Prestolite Electric Inc., Remy Power Products, Unipoint Electric Mfg. Co. Ltd., WAI Global, Zhejiang Dehong Automotive Electronic & Electrical Co. Ltd., ACDelco, AS-PL Sp. z o.o.
Asia-Pacific was the largest region in the automotive starter motor and alternator market in 2024. The regions covered in the automotive starter motor and alternator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive starter motor and alternator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automotive starter motors are vital electrical devices that initiate internal combustion engines by drawing significant current. Conversely, alternators produce alternating current to charge a vehicle's battery, powering its electrical systems.
The primary product variations in this domain include electric and gear reduction starter motors. Electric starter motors serve to reliably engage and disengage an engine. Various technological iterations exist, including belt-driven and integrated starter generator (ISG) systems, along with direct start mechanisms. They come in different power outputs, ranging from 1 KW to 3 KW, 3 KW to 5 KW, and above 5 KW. These systems cater to different vehicle types, encompassing internal combustion engines (ICE), hybrids, and others, and are distributed through diverse sales channels, including original equipment manufacturers (OEMs) and the aftermarket.
The automotive starter motor and alternator market research report is one of a series of new reports that provides automotive starter motor and alternator market statistics, including automotive starter motor and alternator industry global market size, regional shares, competitors with an automotive starter motor and alternator market share, detailed automotive starter motor and alternator market segments, market trends and opportunities, and any further data you may need to thrive in the automotive starter motor and alternator industry. This automotive starter motor and alternator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive starter motor and alternator market consists of sales of hydraulic, and pneumatic starters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The automotive starter motor and alternator market size is expected to see strong growth in the next few years. It will grow to $41.86 billion in 2029 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to hybrid and electric vehicle adoption, advanced start-stop systems, integration of advanced technologies, increasing vehicle electrification, growing focus on fuel efficiency. Major trends in the forecast period include growing aftermarket demand, technological advancements, global regulatory standards, supply chain disruptions, increased focus on sustainability.
The increase in global automotive production is anticipated to drive the growth of the automotive starter motor and alternator market in the coming years. The term "automotive" encompasses all types of mobile machinery, including cars, trucks, buses, vans, motorcycles, and golf carts. Automotive starter motors and alternators are essential components that charge the battery and provide power to the vehicle's electrical system by converting electricity into mechanical energy, which is necessary for the operation of engines and machines. For instance, in 2023, Wards Intelligence, a U.S.-based automotive data firm, reported a roughly 10.8% rise in global light vehicle sales, totaling around 88.8 million units compared to 2022. Consequently, the growth in global automotive production is driving demand for automotive starter motors and alternators.
The growth of the automotive starter motor and alternator market is expected to be propelled by the expanding road transportation industry. This sector, covering the movement of goods and people by road, relies on essential components such as starter motors and alternators to ensure safe and efficient vehicle operation. The American Trucking Association estimates that the US gross freight revenues from trucking reached $940.8 billion, constituting 80.7% of the nation's freight bill in 2022. Additionally, around 11.46 billion tons of freight were transported by trucks in 2021, covering 195.62 miles traveled by combination trucks in the same year. The burgeoning road transportation industry plays a significant role in driving the growth of the automotive starter motor and alternator market.
A notable trend in the automotive starter motor and alternator market is the introduction of product innovations by major industry players. Companies such as Nexteer Automotive are actively incorporating innovative technologies to enhance their market position. In March 2022, Nexteer Automotive launched a 48-volt Integrated Belt-Driven Starter Generator (iBSG). This motor generator, functioning as both a starter motor and a generator, provides up to 12 kW of electric power to assist the engine. The iBSG contributes to improving fuel economy by up to 16% and reducing emissions by up to 15%. Additionally, it enables various vehicle features such as stop-start technology, electric power steering, and regenerative braking. The introduction of such innovative products reflects a key trend shaping the automotive starter motor and alternator market.
Leading companies in the automotive starter motors and alternators market are launching heavy-duty starters to improve vehicle reliability and performance in challenging conditions. These heavy-duty starters are specifically designed for trucks, buses, and commercial vehicles that need robust, high-performance solutions. For example, in January 2023, BorgWarner Inc., a U.S.-based automotive supplier, introduced the Delco Remy 150MT Starter, a heavy-duty starter that surpasses current original equipment (OE) crank requirements. Built on insights from the widely used 39MT starter, the 150MT is designed for durability and reliability, addressing the increasing demands of modern engine technologies while ensuring consistent performance in demanding environments.
In September 2024, Nippon Mirai Holdings Co., Ltd., a company based in Japan, acquired NiPPA Holdings from DENSO Corporation for an undisclosed sum. This acquisition allows Nippon Mirai to enhance its portfolio by leveraging DENSO's expertise in automotive starter motors and alternators. DENSO Corporation is also a Japan-based firm that specializes in manufacturing automotive starter motors and alternators.
Major companies operating in the automotive starter motor and alternator market include Robert Bosch GmbH, Hitachi Automotive Systems Ltd., Denso Corporation, Valeo SA, Mitsuba Corporation, Lucas Electrical Limited, Controlled Power Technologies Ltd., Mitsubishi Electric Corporation, ASMICO Technologies Limited, Cummins Inc., BBB Industries LLC, Remy International Inc., RFL Alternators, Motor Corporation of America, Hella KGaA Hueck & Co., ASMO Co. Ltd., BorgWarner Inc., Mahle GmbH, Broad-Ocean Motor Co. Ltd., Cummins Generator Technologies, Magneti Marelli S.p.A., Mando Corporation, Prestolite Electric Inc., Remy Power Products, Unipoint Electric Mfg. Co. Ltd., WAI Global, Zhejiang Dehong Automotive Electronic & Electrical Co. Ltd., ACDelco, AS-PL Sp. z o.o.
Asia-Pacific was the largest region in the automotive starter motor and alternator market in 2024. The regions covered in the automotive starter motor and alternator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive starter motor and alternator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automotive starter motors are vital electrical devices that initiate internal combustion engines by drawing significant current. Conversely, alternators produce alternating current to charge a vehicle's battery, powering its electrical systems.
The primary product variations in this domain include electric and gear reduction starter motors. Electric starter motors serve to reliably engage and disengage an engine. Various technological iterations exist, including belt-driven and integrated starter generator (ISG) systems, along with direct start mechanisms. They come in different power outputs, ranging from 1 KW to 3 KW, 3 KW to 5 KW, and above 5 KW. These systems cater to different vehicle types, encompassing internal combustion engines (ICE), hybrids, and others, and are distributed through diverse sales channels, including original equipment manufacturers (OEMs) and the aftermarket.
The automotive starter motor and alternator market research report is one of a series of new reports that provides automotive starter motor and alternator market statistics, including automotive starter motor and alternator industry global market size, regional shares, competitors with an automotive starter motor and alternator market share, detailed automotive starter motor and alternator market segments, market trends and opportunities, and any further data you may need to thrive in the automotive starter motor and alternator industry. This automotive starter motor and alternator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive starter motor and alternator market consists of sales of hydraulic, and pneumatic starters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automotive Starter Motor and Alternator Market Characteristics3. Automotive Starter Motor and Alternator Market Trends and Strategies4. Automotive Starter Motor and Alternator Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Automotive Starter Motor and Alternator Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Automotive Starter Motor and Alternator Market34. Recent Developments in the Automotive Starter Motor and Alternator Market
5. Global Automotive Starter Motor and Alternator Growth Analysis and Strategic Analysis Framework
6. Automotive Starter Motor and Alternator Market Segmentation
7. Automotive Starter Motor and Alternator Market Regional and Country Analysis
8. Asia-Pacific Automotive Starter Motor and Alternator Market
9. China Automotive Starter Motor and Alternator Market
10. India Automotive Starter Motor and Alternator Market
11. Japan Automotive Starter Motor and Alternator Market
12. Australia Automotive Starter Motor and Alternator Market
13. Indonesia Automotive Starter Motor and Alternator Market
14. South Korea Automotive Starter Motor and Alternator Market
15. Western Europe Automotive Starter Motor and Alternator Market
16. UK Automotive Starter Motor and Alternator Market
17. Germany Automotive Starter Motor and Alternator Market
18. France Automotive Starter Motor and Alternator Market
19. Italy Automotive Starter Motor and Alternator Market
20. Spain Automotive Starter Motor and Alternator Market
21. Eastern Europe Automotive Starter Motor and Alternator Market
22. Russia Automotive Starter Motor and Alternator Market
23. North America Automotive Starter Motor and Alternator Market
24. USA Automotive Starter Motor and Alternator Market
25. Canada Automotive Starter Motor and Alternator Market
26. South America Automotive Starter Motor and Alternator Market
27. Brazil Automotive Starter Motor and Alternator Market
28. Middle East Automotive Starter Motor and Alternator Market
29. Africa Automotive Starter Motor and Alternator Market
30. Automotive Starter Motor and Alternator Market Competitive Landscape and Company Profiles
31. Automotive Starter Motor and Alternator Market Other Major and Innovative Companies
35. Automotive Starter Motor and Alternator Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Automotive Starter Motor and Alternator Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automotive starter motor and alternator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for automotive starter motor and alternator ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive starter motor and alternator market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Product Type: Electric Starter Motors; Gear Reduction Starter Motors2) by Power Output: 1.0 KW-3.0 KW; 3.0 KW-5.0 KW; 5.0 KW and Above
3) by Technology: Belt Driven Starter Motor and Alternator; Enhanced Starter; Integrated Starter Generator (ISG); Direct Start
4) by Vehicle Type: Internal Combustion Engine (ICE); Hybrids; Other Vehicle Types
5) by Sales Channel: Original Equipment Manufacturer (OEM); Aftermarket
Subsegments:
1) by Electric Starter Motors: Brushless Starter Motors; Brushed Starter Motors2) by Gear Reduction Starter Motors: Permanent Magnet Gear Reduction Motors; Series Wound Gear Reduction Motors
Key Companies Mentioned: Robert Bosch GmbH; Hitachi Automotive Systems Ltd.; Denso Corporation; Valeo SA; Mitsuba Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Automotive Starter Motor and Alternator market report include:- Robert Bosch GmbH
- Hitachi Automotive Systems Ltd.
- Denso Corporation
- Valeo SA
- Mitsuba Corporation
- Lucas Electrical Limited
- Controlled Power Technologies Ltd.
- Mitsubishi Electric Corporation
- ASMICO Technologies Limited
- Cummins Inc.
- BBB Industries LLC
- Remy International Inc.
- RFL Alternators
- Motor Corporation of America
- Hella KGaA Hueck & Co.
- ASMO Co. Ltd.
- BorgWarner Inc.
- Mahle GmbH
- Broad-Ocean Motor Co. Ltd.
- Cummins Generator Technologies
- Magneti Marelli S.p.A.
- Mando Corporation
- Prestolite Electric Inc.
- Remy Power Products
- Unipoint Electric Mfg. Co. Ltd.
- WAI Global
- Zhejiang Dehong Automotive Electronic & Electrical Co. Ltd.
- ACDelco
- AS-PL Sp. z o.o.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 33.2 Billion |
| Forecasted Market Value ( USD | $ 41.86 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 29 |
