Automotive Starter Motor Trends and Forecast
The future of the global automotive starter motor market looks promising with opportunities in the diesel engine and gasoline engine markets. The global automotive starter motor market is expected to reach an estimated $38.7 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing automotive production and sales worldwide, developments in starter motor technology, such as the advancement of integrated starter generators (ISGs) to enhance the performance and efficiency of vehicles, as well as, growing popularity of electric cars, whose internal combustion engines need starter motors.Automotive Starter Motor by Segment
The study includes a forecast for the global automotive starter motor by vehicle type, type, component, engine, and region.Automotive Starter Motor Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]
- Passenger Car
- Commercial Vehicle
Automotive Starter Motor Market by Type [Shipment Analysis by Value from 2018 to 2030]
- Electric
- Pneumatic
- Hydraulic
Automotive Starter Motor Market by Component [Shipment Analysis by Value from 2018 to 2030]
- Armature
- Starter Drive Gear
- Shift Fork
- Return Spring
- Solenoid
- Brush
Automotive Starter Motor Market by Engine [Shipment Analysis by Value from 2018 to 2030]
- Diesel Engine
- Gasoline Engine
Automotive Starter Motor Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Automotive Starter Motor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive starter motor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive starter motor companies profiled in this report include-- Valeo
- Denso
- Robert Bosch
- Ningbo zhongwang AUTO Fittings
- Hitachi Automotive Systems
- Mitsubishi Electric
- ASIMCO Technologies
- Hella
- BBB Industries
- Unipoint Electric
Automotive Starter Motor Market Insights
The publisher forecasts that passenger car will remain the larger segment over the forecast period due to growth in the population globally, increase in automotive demand, and rising disposable income.North America will remain the largest region over the forecast period due to automotive production expansion and continued investment in this industry.
Features of the Global Automotive Starter Motor Market
- Market Size Estimates: Automotive starter motor market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Automotive starter motor market size by vehicle type, type, component, engine, and region in terms of value ($B).
- Regional Analysis: Automotive starter motor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different vehicle type, type, component, engine, and regions for the automotive starter motor market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive starter motor market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automotive starter motor market size?Answer: The global automotive starter motor market is expected to reach an estimated $38.7 billion by 2030.
Q2. What is the growth forecast for automotive starter motor market?
Answer: The global automotive starter motor market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the automotive starter motor market?
Answer: The major drivers for this market are increasing automotive production and sales worldwide, developments in starter motor technology, such as the advancement of integrated starter generators (ISGs) to enhance the performance and efficiency of vehicles, as well as, growing popularity of electric cars, whose internal combustion engines need starter motors.
Q4. What are the major segments for automotive starter motor market?
Answer: The future of the global automotive starter motor market looks promising with opportunities in the diesel engine and gasoline engine markets.
Q5. Who are the key automotive starter motor market companies?
Answer: Some of the key automotive starter motor companies are as follows:
- Valeo
- Denso
- Robert Bosch
- Ningbo zhongwang AUTO Fittings
- Hitachi Automotive Systems
- Mitsubishi Electric
- ASIMCO Technologies
- Hella
- BBB Industries
- Unipoint Electric
Answer: The publisher forecasts that passenger car will remain the larger segment over the forecast period due to growth in the population globally, increase in automotive demand, and rising disposable income.
Q7. In automotive starter motor market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to automotive production expansion and continued investment in this industry.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive starter motor market by vehicle type (passenger car and commercial vehicle), type (electric, pneumatic, and hydraulic), component (armature, starter drive gear, shift fork, return spring, solenoid, and brush), engine (diesel engine and gasoline engine), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Automotive Starter Motor Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Valeo
- Denso
- Robert Bosch
- Ningbo zhongwang AUTO Fittings
- Hitachi Automotive Systems
- Mitsubishi Electric
- ASIMCO Technologies
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...
