Market Overview:
The global automotive starter 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 starters in passenger vehicles and commercial vehicles. Additionally, the growing demand for hybrid and electric vehicles is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe and North America.
Product Definition:
A starter is a device used to start an internal combustion engine. It typically consists of a powerful electric motor that turns the engine over at a high speed, and then switches off once the engine catches.
Electric:
Electric Starters are used in automotive engines to start the engine. They have been replacing conventional mechanical systems for starting an engine and provide better fuel economy, reliability, and safety. The electric starter system has been witnessing a significant demand from the automotive industry over the past few years owing to its numerous benefits such as improved fuel efficiency, reduced noise level of the vehicle & lower emission levels among others.
Pneumatic:
Pneumatic components are used in automotive starter systems to provide the initial spark needed for the engine to start. The pneumatic components used in these applications need to be able to withstand high-pressure situations that can lead to failure of other parts if not designed and manufactured properly.
The automotive industry is witnessing a rapid change with respect to technology, design, and materials coupled with changing consumer preferences towards electric vehicles (EV).
Application Insights:
The passenger vehicle segment held the largest share of over 70.0% in 2017. The growing demand for passenger vehicles is expected to have a positive impact on the automotive starter market growth over the forecast period. Increasing penetration of key manufacturers such as Ford Motor Company, General Motors Company and Toyota Motor Corporation in developing regions including Asia Pacific and Latin America is anticipated to boost industry growth over the forecast period.
Commercial vehicles are projected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing government spending on infrastructure development coupled with rising demand for trucks, vans and buses among other commercial vehicles in emerging economies including China, India and Brazil which are likely to fuel product demand globally during this period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing automobile production in countries, such as China and India. Furthermore, rising disposable income levels in developing economies are anticipated to promote automotive growth. The presence of key automobile manufacturers such as Toyota Motor Corporation; Honda Motor Co., Ltd.; Nissan Motors Ltd.; and SuzukiMotor Corp., will further boost regional market growth.
North America accounted for a significant share of global revenue in 2017 owing to high demand from U.S., which had sold around 17 million vehicles last year alone according to OICA statistics. Growing emphasis on fuel economy along with stringent government regulations is likely drive innovation across all vehicle categories including passenger cars, commercial vehicles, and electric vehicles (EVs).
Growth Factors:
- Increasing demand for electric vehicles: The automotive starter 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 high-power starters as compared to traditional internal combustion engine (ICE) vehicles.
- Rising disposable income and changing lifestyle: The growth of the automotive starter market is also attributed to the rising disposable income and changing lifestyle of consumers in developing countries such as China and India. This has led to an increase in the demand for luxury cars, which require advanced starters.
- Technological advancements: Starter manufacturers are focusing on developing new technologies that can improve performance and reduce costs. For instance, Bosch has developed a new technology called “Eco Start/Stop” that helps reduce fuel consumption by up to 10%. Such technological advancements are likely to boost the growth of the automotive starter market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Starter Market Research Report
By Type
Electric, Pneumatic, Hydraulic
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Ford, Valeo, Bosch, Denso, Mitsubishi Electric, Mitsuba, ACDelco, Hitachi, Apeks, Dixie, Ford, Jinzhou Wander, YBM Group, DongFeng Motor Electric
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Starter Market Report Segments:
The global Automotive Starter market is segmented on the basis of:
Types
Electric, Pneumatic, Hydraulic
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 Vehicle, Commercial Vehicle
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:
- Ford
- Valeo
- Bosch
- Denso
- Mitsubishi Electric
- Mitsuba
- ACDelco
- Hitachi
- Apeks
- Dixie
- Ford
- Jinzhou Wander
- YBM Group
- DongFeng Motor Electric
Highlights of The Automotive Starter 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
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Automotive starter is a device that starts an engine. It is usually located in the engine compartment and uses electricity to turn the crankshaft.
Some of the key players operating in the automotive starter market are Ford, Valeo, Bosch, Denso, Mitsubishi Electric, Mitsuba, ACDelco, Hitachi, Apeks, Dixie, Ford, Jinzhou Wander, YBM Group, DongFeng Motor Electric.
The automotive starter market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Starter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Starter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Starter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Starter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Starter Market Size & Forecast, 2018-2028
4.5.1 Automotive Starter Market Size and Y-o-Y Growth
4.5.2 Automotive Starter Market Absolute $ Opportunity
Chapter 5 Global Automotive Starter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Starter Market Size Forecast by Type
5.2.1 Electric
5.2.2 Pneumatic
5.2.3 Hydraulic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Starter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Starter Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Starter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Starter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Starter Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Starter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Starter Market Size Forecast by Type
9.6.1 Electric
9.6.2 Pneumatic
9.6.3 Hydraulic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Starter Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Starter Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Starter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Starter Market Size Forecast by Type
10.6.1 Electric
10.6.2 Pneumatic
10.6.3 Hydraulic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Starter Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Starter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Starter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Starter Market Size Forecast by Type
11.6.1 Electric
11.6.2 Pneumatic
11.6.3 Hydraulic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Starter Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Starter Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Starter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Starter Market Size Forecast by Type
12.6.1 Electric
12.6.2 Pneumatic
12.6.3 Hydraulic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Starter Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Starter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Starter Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Starter Market Size Forecast by Type
13.6.1 Electric
13.6.2 Pneumatic
13.6.3 Hydraulic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Starter Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Starter Market: Competitive Dashboard
14.2 Global Automotive Starter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ford
14.3.2 Valeo
14.3.3 Bosch
14.3.4 Denso
14.3.5 Mitsubishi Electric
14.3.6 Mitsuba
14.3.7 ACDelco
14.3.8 Hitachi
14.3.9 Apeks
14.3.10 Dixie
14.3.11 Ford
14.3.12 Jinzhou Wander
14.3.13 YBM Group
14.3.14 DongFeng Motor Electric
