Market Overview:
The global automotive starter motor and alternator market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for automobiles across the globe. The global automotive starter motor and alternator market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into forced engagement and flexible engagement. Forced engagement starters are more popular in North America owing to their high performance characteristics as compared to flexible engagement starters. However, with advancements being made in technology, flexible engagement starters are expected to gain popularity across other regions over the forecast period. On the basis of application, commonly used vehicles accounted for a major share of the global automotive starter motor and alternator market in 2017; however commercial vehicles are expected exhibit higher growth rates overthe forecast period owingto rising demand from emerging economies such as Indiaand China .
Product Definition:
An automotive starter motor is a device used to start an internal combustion engine. A small electric motor turns the engine over, or "cranks it," to start it. An alternator is a generator that produces alternating current (AC) from mechanical energy. It is typically found on larger vehicles, such as cars and trucks. The alternator charges the battery while the vehicle is running and powers the electrical systems in the vehicle.
Forced Engagement:
Forced engagement is a term used to define the situation where an attempt is made to start an engine when it is physically impossible due to lack of fuel. The starter motor and the electric current are both essential for forced engagement. If either one or both of these components fail, then there will be no spark and no power, hence there will be no engine start.
Flexible Engagement:
Flexible engagement is a technique used in electric motors to increase the force of attraction between rotor and stator windings. It does this by using an elastic material, typically rubber or silicone, for the rotor. The method was first used in AC ( Alternating Current) motors but has since been applied to DC ( Direct Current) as well.
The main application areas where flexible engagement finds its use are electrical machines.
Application Insights:
The commonly used vehicles application segment accounted for the largest revenue share of over 60.0% in 2017. Commonly used vehicles generally include passenger cars and light commercial vehicles (LCVs). The segment is further divided into two categories based on engine size, namely small vehicle category and large vehicle category. In 2016, the small vehicle category dominated with a share of over 70%, in terms of volume, while LCVs were close behind at 69%.
The commercial vehicles application segment is expected to witness significant growth during the forecast period owing to increasing demand for trucks and buses from various industries including construction, mining & quarrying as well as logistics across all major regions globally.
Regional Analysis:
Asia Pacific is anticipated 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 and changing consumer preferences are expected to drive demand for passenger cars in this region. Europe accounted for a significant share of revenue generation owing to stringent emission norms coupled with high vehicle quality standards.
The U.S., being one of the most important markets across the globe has its presence felt not only at home but also across all other regions where starters are used because American made automobiles have been exported in large numbers worldwide since decades now making it one of those rare countries that export both cars and trucks (commercial).
Growth Factors:
- Increasing demand for electric vehicles: The automotive starter motor 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). The growth of the global automotive starter motor and alternator market can be attributed to the rising concerns over environmental pollution and climate change. Governments across the globe are promoting the use of EVs through various initiatives such as subsidies, tax rebates, and investment in charging infrastructure. This is expected to drive the growth of the global automotive starter motor and alternator market during the forecast period.
- Rising demand for luxury cars: The global luxury car market is growing at a rapid pace due to rising income levels in emerging economies such as China and India. This is resulting in an increase in sales of luxury cars, which require high-quality starters and alternators for smooth functioning. Thus, this trend is anticipated to fuelthegrowthoftheglobalautomotivestartermotorandalternatormarketduringtheforecastperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Starter Motor and Alternator Market Research Report
By Type
Forced Engagement, Flexible Engagement
By Application
Commonly Used Vehicles, Commercial Vehicles
By Companies
Valeo Group, Denso Corporation, The Bosch Group, Mitsuba Corporation, Mitsubishi Electric Corporation, Lucas Electricals, Controlled Power Technologies, Hella KGaAHueck&, ASIMCO Technologies, Hitachi Automotive Systems, Valeo Group
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Starter Motor and Alternator Market Report Segments:
The global Automotive Starter Motor and Alternator market is segmented on the basis of:
Types
Forced Engagement, Flexible Engagement
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
Commonly Used Vehicles, Commercial Vehicles
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:
- Valeo Group
- Denso Corporation
- The Bosch Group
- Mitsuba Corporation
- Mitsubishi Electric Corporation
- Lucas Electricals
- Controlled Power Technologies
- Hella KGaAHueck&
- ASIMCO Technologies
- Hitachi Automotive Systems
- Valeo Group
Highlights of The Automotive Starter Motor 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:
- Forced Engagement
- Flexible Engagement
- By Application:
- Commonly Used Vehicles
- Commercial Vehicles
- 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 Motor 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.
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?
An automotive starter motor and alternator are two essential components of a car that start the engine. The starter motor is typically located in the car's engine compartment, while the alternator provides power to run accessories like lights and windows.
Some of the major players in the automotive starter motor and alternator market are Valeo Group, Denso Corporation, The Bosch Group, Mitsuba Corporation, Mitsubishi Electric Corporation, Lucas Electricals, Controlled Power Technologies, Hella KGaAHueck&, ASIMCO Technologies, Hitachi Automotive Systems, Valeo Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Starter Motor and Alternator 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 Motor and Alternator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Starter Motor and Alternator 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 Motor and Alternator 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 Motor and Alternator Market Size & Forecast, 2018-2028
4.5.1 Automotive Starter Motor and Alternator Market Size and Y-o-Y Growth
4.5.2 Automotive Starter Motor and Alternator Market Absolute $ Opportunity
Chapter 5 Global Automotive Starter Motor and Alternator 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 Motor and Alternator Market Size Forecast by Type
5.2.1 Forced Engagement
5.2.2 Flexible Engagement
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Starter Motor and Alternator 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 Motor and Alternator Market Size Forecast by Applications
6.2.1 Commonly Used Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Starter Motor and Alternator 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 Motor and Alternator 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 Motor and Alternator Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Starter Motor and Alternator 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 Motor and Alternator Market Size Forecast by Type
9.6.1 Forced Engagement
9.6.2 Flexible Engagement
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 Motor and Alternator Market Size Forecast by Applications
9.10.1 Commonly Used Vehicles
9.10.2 Commercial Vehicles
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 Motor and Alternator Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Starter Motor and Alternator 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 Motor and Alternator Market Size Forecast by Type
10.6.1 Forced Engagement
10.6.2 Flexible Engagement
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 Motor and Alternator Market Size Forecast by Applications
10.10.1 Commonly Used Vehicles
10.10.2 Commercial Vehicles
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 Motor and Alternator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Starter Motor and Alternator 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 Motor and Alternator Market Size Forecast by Type
11.6.1 Forced Engagement
11.6.2 Flexible Engagement
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 Motor and Alternator Market Size Forecast by Applications
11.10.1 Commonly Used Vehicles
11.10.2 Commercial Vehicles
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 Motor and Alternator Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Starter Motor and Alternator 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 Motor and Alternator Market Size Forecast by Type
12.6.1 Forced Engagement
12.6.2 Flexible Engagement
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 Motor and Alternator Market Size Forecast by Applications
12.10.1 Commonly Used Vehicles
12.10.2 Commercial Vehicles
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 Motor and Alternator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Starter Motor and Alternator 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 Motor and Alternator Market Size Forecast by Type
13.6.1 Forced Engagement
13.6.2 Flexible Engagement
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 Motor and Alternator Market Size Forecast by Applications
13.10.1 Commonly Used Vehicles
13.10.2 Commercial Vehicles
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 Motor and Alternator Market: Competitive Dashboard
14.2 Global Automotive Starter Motor and Alternator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valeo Group
14.3.2 Denso Corporation
14.3.3 The Bosch Group
14.3.4 Mitsuba Corporation
14.3.5 Mitsubishi Electric Corporation
14.3.6 Lucas Electricals
14.3.7 Controlled Power Technologies
14.3.8 Hella KGaAHueck&
14.3.9 ASIMCO Technologies
14.3.10 Hitachi Automotive Systems
14.3.11 Valeo Group
