Market Overview:
The global gear reduction starter 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 growth of the market can be attributed to the increasing demand for commercial cars and passenger cars. Gear reduction starters are used in vehicles for starting the engine by reducing its speed from high rpm to low rpm. They are available in two types- offset gear reduction starter and planetary gear reduction starter. Offset gear reduction starters are used in smaller vehicles, whereas planetary gear reduction starters are used in larger vehicles such as trucks and buses. On the basisofapplication,the market is segmented intocommercial carandpassenger car .On themarketbyregion ,the market issegmented intonorth America,Latin America,Europe Asia Pacificand Middle East & Africa . In terms of value share,, North America accounted for majority share of thgeglobalGear Reduction Starter Marketin 2017 owingto presenceof majorplayers operatingin thisregion .
Product Definition:
Gear Reduction Starter is a type of starter that uses gears to reduce the amount of torque required to start a vehicle's engine. Gear Reduction Starters are often used in trucks and other larger vehicles that have more powerful engines. The use of a Gear Reduction Starter can make it easier for someone to start up a vehicle, especially if they are not very strong.
Offset Gear Reduction Starter:
Gear reduction starter is a device used in diesel engines to start the gears in the gearbox. It's basically an electric motor with reducted output which drives a coupling attached to the input shaft of the gearbox. The engine turns but cannot get enough torque for starting gears, so this device comes into action and provides just enough torque for starting gears.
Planetary Gear Reduction Starter:
Planetary gear reduction starter is a device that helps in starting the gears of electric motors. It is mainly used to reduce the speed of an electric motor when it is not enough to meet the required torque. The product has applications in various industries such as construction, automotive, marine and aerospace etc.
The global gear reduction starter market was valued at USD 648 million in 2016 and it is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The commercial vehicle segment led the global gear reduction starter market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand for heavy-duty vehicles, such as trucks, from construction companies and mining companies for transporting materials across long distances. Moreover, increasing government spending on infrastructure development projects is expected to boost product demand over the coming years.
Passenger car application segment accounted for a share of 32% in 2017 owing to rising automotive production across various countries including China, India and Brazil on account of increasing consumer disposable income levels coupled with growing purchasing power parity rates has resulted in increased sales volumes of passenger cars over recent years which are anticipated to continue driving product demand over the coming years as well.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing industrial output, coupled with rising disposable income of consumers. These macroeconomic factors are anticipated to drive demand for automotive vehicles, which in turn will propel regional product demand over the forecast period.
The growing manufacturing sector along with supportive government policies aimed at promoting investments is expected to boost gear reduction starter market growth in Asia Pacific during the forecast period. In addition, favorable regulations framed by governments across various countries pertaining to vehicle emissions and fuel economy are further anticipated to drive industry expansion over next eight years from 2018to 2030 time frame.
Europe accounted for a significant share owing to high penetration of electric vehicles across major countries such as Germany.
Growth Factors:
- Gear Reduction Starter market is witnessing an increase in demand from the automotive sector as it helps in improving the fuel efficiency of vehicles.
- The market for Gear Reduction Starter is expected to grow owing to the increasing demand for hybrid and electric vehicles.
- Rising awareness about the benefits of using Gear Reduction Starters is projected to propel the growth of this market during the forecast period.
- Growing popularity of automatic transmissions is also anticipated to boost demand for Gear Reduction Starters in near future. 5) Increasing penetration of advanced technologies, such as start-stop systems, would create new opportunities for players operating in this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Gear Reduction Starter Market Research Report
By Type
Offset Gear Reduction Starter, Planetary Gear Reduction Starter
By Application
Commercial Car, Passenger Car
By Companies
BorgWarner, Hitachi Astemo, Ltd., Remy International, DENSO Corporation, Quadstar Tuning, Lucas TVS Limited
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Gear Reduction Starter Market Report Segments:
The global Gear Reduction Starter market is segmented on the basis of:
Types
Offset Gear Reduction Starter, Planetary Gear Reduction Starter
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
Commercial Car, Passenger Car
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:
- BorgWarner
- Hitachi Astemo, Ltd.
- Remy International
- DENSO Corporation
- Quadstar Tuning
- Lucas TVS Limited
Highlights of The Gear Reduction 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:
- Offset Gear Reduction Starter
- Planetary Gear Reduction Starter
- By Application:
- Commercial Car
- Passenger Car
- 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 Gear Reduction 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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- Understanding Competition Scenario
- Product & Brand Management
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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?
Gear reduction starter is a small, lightweight device that helps start your engine in cold weather. It uses gears to reduce the amount of power needed to turn the engine over.
Some of the major players in the gear reduction starter market are BorgWarner, Hitachi Astemo, Ltd., Remy International, DENSO Corporation, Quadstar Tuning, Lucas TVS Limited.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gear Reduction 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 Gear Reduction Starter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gear Reduction 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 Gear Reduction 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 Gear Reduction Starter Market Size & Forecast, 2020-2028
4.5.1 Gear Reduction Starter Market Size and Y-o-Y Growth
4.5.2 Gear Reduction Starter Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Offset Gear Reduction Starter
5.2.2 Planetary Gear Reduction Starter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial Car
6.2.2 Passenger Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gear Reduction 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 Gear Reduction 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Offset Gear Reduction Starter
9.6.2 Planetary Gear Reduction Starter
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 Market Size Forecast by Applications
9.10.1 Commercial Car
9.10.2 Passenger Car
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Offset Gear Reduction Starter
10.6.2 Planetary Gear Reduction Starter
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 Market Size Forecast by Applications
10.10.1 Commercial Car
10.10.2 Passenger Car
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Offset Gear Reduction Starter
11.6.2 Planetary Gear Reduction Starter
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 Market Size Forecast by Applications
11.10.1 Commercial Car
11.10.2 Passenger Car
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Offset Gear Reduction Starter
12.6.2 Planetary Gear Reduction Starter
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 Market Size Forecast by Applications
12.10.1 Commercial Car
12.10.2 Passenger Car
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Offset Gear Reduction Starter
13.6.2 Planetary Gear Reduction Starter
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) Market Size Forecast by Applications
13.10.1 Commercial Car
13.10.2 Passenger Car
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 Gear Reduction Starter Market: Competitive Dashboard
14.2 Global Gear Reduction Starter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BorgWarner
14.3.2 Hitachi Astemo, Ltd.
14.3.3 Remy International
14.3.4 DENSO Corporation
14.3.5 Quadstar Tuning
14.3.6 Lucas TVS Limited
