Market Overview:
The global automotive starter and alternator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles, rising disposable income, and technological advancements in the automotive industry. The global automotive starter and alternator market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into electric starters, pneumatic starters, hydraulic starters, and others (including belt-driven starters). Electric starters are further sub-segmented into brushed DC motors and brushless DC motors. Pneumatic starters are further sub-segmented into air turbine generators (ATGs) and compressed air start systems (CASSs). Hydraulic starters are further sub-segmented into piston displacement pumps (PDPs)and gear pumps. Others include belt driven starter systems which use an external power source such as an engine or a motor to turn over an automobile’s crankshaft when it will not start with its own battery or electrical system.
Product Definition:
An automotive starter is a device used to start an internal combustion engine. It performs the same function as a hand crank, but uses an electric motor instead. An alternator is an electrical generator that produces alternating current to charge a battery and power the electrical system of a vehicle.
Electric:
Electric is the energy generated by the flow of electric charge carriers (electrons) through an electric circuit. It can be used for various applications in automotive starter and alternator market. The factors that propel growth include low cost, easy availability, environment-friendly nature and high efficiency.
Starter motor uses less than 10% of electrical power while running; whereas battery provides energy to start the engine using a small DC current which reduces fuel usage up to 20%.
Pneumatic:
The pneumatic system is made up of components such as hoses, valves, and fittings. The basic function of the pneumatic system is to transmit the pressure from one place to another using flexible tubing or pipes. It can be used for air compression, vacuum delivery systems, hydraulic brakes and actuation among others.
Application Insights:
The passenger cars segment held the largest share of over 70.0% in 2017. The growing importance of electric vehicles as a result of government regulations such as Electric Vehicles (EV) and Hybrid Electric Vehicles (HEV) tax credit, eco-friendly vehicle labeling and other subsidies is expected to drive the demand for automotive starters and alternators in the passenger cars segment over the forecast period.
Commercial vehicles are anticipated to witness significant growth owing to increasing industrialization, urbanization, rising disposable income among consumers in developing countries including China, India & Brazil which will increase commercial vehicle sales on account of their requirement for heavy equipment such as construction machinery with reliable power source that can start them up quickly without fail situations at a time when there is huge demand from agriculture fields for these machines across all major economies globally.
Starter motors are used directly attached to engines whereas alternators are attached either side of an engine block.
Regional Analysis:
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing automobile production in countries, such as China and India. The region accounted for a share of 36.0% of the overall revenue in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. This can be attributed to rising disposable income, growing population, improving economic conditions, and an increase in automotive sales across emerging economies including China and India over the past few years.
Growth Factors:
- Increasing demand for electric vehicles: The global automotive starter and alternator market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for electric vehicles (EVs). This is because EVs require more electrical power than traditional gasoline-powered vehicles, which in turn increases the demand for starters and alternators.
- Rising disposable income: The growth of the automotive starter and alternator market is also driven by rising disposable incomes in developing countries such as China and India. This has led to an increase in the number of middle-class consumers who can afford luxury cars with advanced features such as start/stop systems, regenerative braking, etc., thereby increasing the demand for starters and alternators.
- Technological advancements: Starter motors are becoming increasingly smaller in size while delivering greater power output due to technological advancements such as brushless DC motors (BLDCs). Similarly, high-voltage alternators are being developed that can handle increased loads without any problems. Such technological advances are likely to fuel growth in the global automotive starter and alternator market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Starter and Alternator Market Research Report
By Type
Electric, Pneumatic, Hydraulic, Others
By Application
Passenger Cars, Commercial Cars
By Companies
Robert Bosch GmbH, Denso Corporation, Hitachi Automotive Systems, Ltd., Valeo SA, Mitsuba Corporation, Hella KGAA Hueck & Co., Lucas Electrical, Mitsubishi Electric Corporation, Controlled Power Technologies Ltd., ASIMCO Technologies Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Starter and Alternator Market Report Segments:
The global Automotive Starter and Alternator market is segmented on the basis of:
Types
Electric, Pneumatic, Hydraulic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Cars
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Robert Bosch GmbH
- Denso Corporation
- Hitachi Automotive Systems, Ltd.
- Valeo SA
- Mitsuba Corporation
- Hella KGAA Hueck & Co.
- Lucas Electrical
- Mitsubishi Electric Corporation
- Controlled Power Technologies Ltd.
- ASIMCO Technologies Ltd.
Highlights of The Automotive Starter and Alternator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric
- Pneumatic
- Hydraulic
- Others
- By Application:
- Passenger Cars
- Commercial Cars
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Starter and Alternator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive starter and alternator are two devices that work together to start a car. The starter motor spins the engine's crankshaft, while the alternator provides power to run accessories like lights and windows.
Some of the key players operating in the automotive starter and alternator market are Robert Bosch GmbH, Denso Corporation, Hitachi Automotive Systems, Ltd., Valeo SA, Mitsuba Corporation, Hella KGAA Hueck & Co., Lucas Electrical, Mitsubishi Electric Corporation, Controlled Power Technologies Ltd., ASIMCO Technologies Ltd..
The automotive starter and alternator market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Starter and Alternator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Starter and Alternator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Starter and Alternator Market - Supply Chain
4.5. Global Automotive Starter and Alternator Market Forecast
4.5.1. Automotive Starter and Alternator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Starter and Alternator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Starter and Alternator Market Absolute $ Opportunity
5. Global Automotive Starter and Alternator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Starter and Alternator Market Size and Volume Forecast by Type
5.3.1. Electric
5.3.2. Pneumatic
5.3.3. Hydraulic
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Starter and Alternator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Starter and Alternator Market Size and Volume Forecast by Application
6.3.1. Passenger Cars
6.3.2. Commercial Cars
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Starter and Alternator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Starter and Alternator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Starter and Alternator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Starter and Alternator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Starter and Alternator Demand Share Forecast, 2019-2026
9. North America Automotive Starter and Alternator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Starter and Alternator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Starter and Alternator Market Size and Volume Forecast by Application
9.4.1. Passenger Cars
9.4.2. Commercial Cars
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Starter and Alternator Market Size and Volume Forecast by Type
9.7.1. Electric
9.7.2. Pneumatic
9.7.3. Hydraulic
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Starter and Alternator Demand Share Forecast, 2019-2026
10. Latin America Automotive Starter and Alternator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Starter and Alternator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Starter and Alternator Market Size and Volume Forecast by Application
10.4.1. Passenger Cars
10.4.2. Commercial Cars
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Starter and Alternator Market Size and Volume Forecast by Type
10.7.1. Electric
10.7.2. Pneumatic
10.7.3. Hydraulic
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Starter and Alternator Demand Share Forecast, 2019-2026
11. Europe Automotive Starter and Alternator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Starter and Alternator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Starter and Alternator Market Size and Volume Forecast by Application
11.4.1. Passenger Cars
11.4.2. Commercial Cars
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Starter and Alternator Market Size and Volume Forecast by Type
11.7.1. Electric
11.7.2. Pneumatic
11.7.3. Hydraulic
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Starter and Alternator Demand Share, 2019-2026
12. Asia Pacific Automotive Starter and Alternator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Starter and Alternator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Starter and Alternator Market Size and Volume Forecast by Application
12.4.1. Passenger Cars
12.4.2. Commercial Cars
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Starter and Alternator Market Size and Volume Forecast by Type
12.7.1. Electric
12.7.2. Pneumatic
12.7.3. Hydraulic
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Starter and Alternator Demand Share, 2019-2026
13. Middle East & Africa Automotive Starter and Alternator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Starter and Alternator Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Starter and Alternator Market Size and Volume Forecast by Application
13.4.1. Passenger Cars
13.4.2. Commercial Cars
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Starter and Alternator Market Size and Volume Forecast by Type
13.7.1. Electric
13.7.2. Pneumatic
13.7.3. Hydraulic
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Starter and Alternator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Starter and Alternator Market: Market Share Analysis
14.2. Automotive Starter and Alternator Distributors and Customers
14.3. Automotive Starter and Alternator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Robert Bosch GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Denso Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hitachi Automotive Systems, Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Valeo SA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsuba Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hella KGAA Hueck & Co.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lucas Electrical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitsubishi Electric Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Controlled Power Technologies Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ASIMCO Technologies Ltd.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook