Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Light Vehicle Starter Market by Type (Direct Control, Electromagnetic Control), By Application (OEM, Aftermarket) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Light Vehicle Starter Market by Type (Direct Control, Electromagnetic Control), By Application (OEM, Aftermarket) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 326853 4200 Automobile & Transportation 377 175 Pages 4.7 (39)
                                          

Market Overview:


The global light vehicle 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 market growth can be attributed to the increasing demand for electric vehicles and the growing automotive industry. The direct control type segment is expected to account for a major share of the global light vehicle starter market during the forecast period. This can be attributed to its low cost and easy installation. However, the electromagnetic control type segment is projected to grow at a higher CAGR owing to its advantages such as high efficiency and reliability over direct control starters. In terms of application, OEMs are expected dominate the global light vehicle starter market during 2018-2030. This can be attributed rising demand for new vehicles across regions coupled with increasing penetration of advanced technologies in automotive sector worldwide.


Global Light Vehicle Starter Industry Outlook


Product Definition:


A light vehicle starter is a device used to start a light vehicle, such as a car or motorcycle. It is typically powered by an electric motor and consists of a battery, solenoid, and starter motor. The solenoid engages the starter motor, which turns the engine over and starts it running. The battery provides power to the solenoid and starter motor.


Direct Control:


The global Direct Control market size was valued at USD 2.0 billion in 2015 and is expected to witness significant growth over the forecast period owing to its rising penetration in light vehicle starter market. The industry is anticipated to grow at a CAGR of XX% from 2016-2021 due to increasing demand for advanced technologies such as voice-directed remote start systems, which offer convenience and safety features.


Electromagnetic Control:


Electromagnetic Control (EMC) is a safety feature incorporated in all modern electronic equipment to prevent the accidental activation of controls. EMC uses electromagnetic fields for communication between the control unit and the device or system it is controlling. In automotive terms, this technology can be used to detect when a vehicle has been left unattended and activated by an unauthorized user.


Application Insights:


OEMs held the largest market share of over 70% in 2017. The OEMs use the starters as an integral part of their vehicle¢â‚¬â„¢s electrical system and hence, they cannot be without it. Moreover, these electric motors are designed in such a way that they do not require any external power source; hence, they can also be referred to as self-powering units. These self-powered electric motors are installed at both ends of a cable which is connected to the battery pack located at one end and the engine at another end.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing automobile production in countries, such as India, Indonesia, and China. In addition, rising disposable income levels in developing economies will support the growth of automotive industry thereby driving the demand for starters over the forecast period.


North America held a significant share of global light vehicle starter market due to high consumer preference for automated vehicles coupled with stringent government regulations regarding fuel economy and emissions caused by gasoline engines. The region is anticipated to witness moderate growth over the forecast period owing to mature automotive industry which has been replaced by new technologies such as electric vehicles (EVs). However, growing demand for EV batteries may stimulate regional product demand in future years.


Europe was estimated at USD X million in 2017.


Growth Factors:


  • Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for light vehicle starters, as they are used in electric vehicles.
  • Rising disposable income: The rise in disposable income has led to an increase in the number of luxury car buyers across the world. This will lead to an increase in the demand for light vehicle starters, as they are used in luxury cars.
  • Growing automotive industry: The global automotive industry is expected to grow at a CAGR of more than 4% during the forecast period. This will lead to an increase in the demand for light vehicle starters, as they are used extensively across different types of automobiles.

Scope Of The Report

Report Attributes

Report Details

Report Title

Light Vehicle Starter Market Research Report

By Type

Direct Control, Electromagnetic Control

By Application

OEM, Aftermarket

By Companies

Bosch, Valeo, Denso, Mahle, Mitsubishi Electric, Prestolite, Remy International, Hella, Hitachi, DAH KEE Co.,Ltd, Bosch, Mitsuba, Lucas, Nikko, Iskra, Magenton, BorgWarner

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

175

Number of Tables & Figures

123

Customization Available

Yes, the report can be customized as per your need.


Global Light Vehicle Starter Market Report Segments:

The global Light Vehicle Starter market is segmented on the basis of:

Types

Direct Control, Electromagnetic Control

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

OEM, Aftermarket

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:

  1. Bosch
  2. Valeo
  3. Denso
  4. Mahle
  5. Mitsubishi Electric
  6. Prestolite
  7. Remy International
  8. Hella
  9. Hitachi
  10. DAH KEE Co.,Ltd
  11. Bosch
  12. Mitsuba
  13. Lucas
  14. Nikko
  15. Iskra
  16. Magenton
  17. BorgWarner

Global Light Vehicle Starter Market Overview


Highlights of The Light Vehicle Starter Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Direct Control
    2. Electromagnetic Control
  1. By Application:

    1. OEM
    2. Aftermarket
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Light Vehicle 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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Global Light Vehicle Starter Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Light Vehicle Starter is a product that helps start your vehicle.

Some of the key players operating in the light vehicle starter market are Bosch, Valeo, Denso, Mahle, Mitsubishi Electric, Prestolite, Remy International, Hella, Hitachi, DAH KEE Co.,Ltd, Bosch, Mitsuba, Lucas, Nikko, Iskra, Magenton, BorgWarner.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Vehicle 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 Light Vehicle Starter Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Light Vehicle 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 Light Vehicle 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 Light Vehicle Starter Market Size & Forecast, 2020-2028       4.5.1 Light Vehicle Starter Market Size and Y-o-Y Growth       4.5.2 Light Vehicle 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 Direct Control
      5.2.2 Electromagnetic Control
   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 OEM
      6.2.2 Aftermarket
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Light Vehicle 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 Light Vehicle 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 Direct Control
      9.6.2 Electromagnetic Control
   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 OEM
      9.10.2 Aftermarket
   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 Direct Control
      10.6.2 Electromagnetic Control
   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 OEM
      10.10.2 Aftermarket
   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 Direct Control
      11.6.2 Electromagnetic Control
   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 OEM
      11.10.2 Aftermarket
   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 Direct Control
      12.6.2 Electromagnetic Control
   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 OEM
      12.10.2 Aftermarket
   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 Direct Control
      13.6.2 Electromagnetic Control
   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 OEM
      13.10.2 Aftermarket
   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 Light Vehicle Starter Market: Competitive Dashboard
   14.2 Global Light Vehicle Starter Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Bosch
      14.3.2 Valeo
      14.3.3 Denso
      14.3.4 Mahle
      14.3.5 Mitsubishi Electric
      14.3.6 Prestolite
      14.3.7 Remy International
      14.3.8 Hella
      14.3.9 Hitachi
      14.3.10 DAH KEE Co.,Ltd
      14.3.11 Bosch
      14.3.12 Mitsuba
      14.3.13 Lucas
      14.3.14 Nikko
      14.3.15 Iskra
      14.3.16 Magenton
      14.3.17 BorgWarner

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