Market Highlights: The alternator or starters motor are widely used in modern day automobiles. Mostly it is used in diesel and gasoline engines. The alternator converts energy from the running car engine into electricity to recharge the car battery and power any in-car appliances. The starter motor uses electricity from the battery to turn and start the engine when the car is switched on by the driver. It has been observed that increasing production of vehicles by the key players in the market coupled with mergers and acquisition is expected to flourish the global alternator or starter motor market in future. The manufacturers of automotive starters and alternators are expanding their businesses in Asia-Pacific countries as these countries are focused on development of automotive sectors. The market study is being classified by Type (Alternator and Starter Motor), by Application (Passenger Vehicle and Commercial Vehicle) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Automotive Alternator and Starter Motor are Valeo SA (France), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Ningbo zhongwang auto fittings Co.,LTD (China), Hitachi Automotive Systems, Ltd. (Japan), Mitsubishi Electric Corporation (Japan), ASIMCO Technologies Ltd (China), Hella KGaA Hueck & Co. (Germany), BBB Industries (United States) and Unipoint Electric MFG Co., Ltd.(Taiwan).
The Sales Channels, such as OEM, is boosting the Automotive Alternator and Starter Motor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Starter Motor Type, such as Electric, is boosting the Automotive Alternator and Starter Motor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Alternator Type, such as Claw Pole Alternator, is boosting the Automotive Alternator and Starter Motor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Technology, such as Belt Driven Starter motor and alternator, is boosting the Automotive Alternator and Starter Motor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Power Output, such as 1.0 Kw-3.0 Kw, is boosting the Automotive Alternator and Starter Motor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In April 2018, Blackstone completely acquired Comstar with an amount of USD 144.09 million. This acquisition is beneficial in providing starter motors, starter motor kits and alternators for automotive applications in various automotive companies. In January 2017, DENSO Products and Services Americas, Inc. launched Commercial & Heavy Duty Starter & Alternator that is beneficial in providing 951 part numbers with applications for 18,000 heavy-duty trucks and off-road vehicles in operation.
Key Questions Answered in the Report What will the Automotive Alternator and Starter Motor Market size and the growth rate be in Future? What are the key factors driving the Automotive Alternator and Starter Motor Market? What are the key market trends and macro-economic impacting the growth of the Automotive Alternator and Starter Motor Market? What are the challenges to market growth? Who are the key vendors in the Automotive Alternator and Starter Motor Market? What are the market opportunities and threats faced by the vendors in the Automotive Alternator and Starter Motor Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Automotive Alternator and Starter Motor Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automotive Alternator and Starter Motor market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automotive Alternator and Starter Motor market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Automotive Alternator and Starter Motor Manufacturers, Automotive Alternator and Starter Motor Traders, End-Use Market Participants of Different Segments of Automotive Alternator and Starter Motor, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.