Industry Background:
The auto generator is a component that turns mechanical energy into electrical energy. Although this can be accomplished through a variety of different means, generators in automotive applications are operated by the engine, typically by means of an accessory belt. Rising investment in research and development by the manufacturers has led to significant growth of the global auto generator market in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | DENSO Corporation (Japan), Robert Bosch GmbH (Germany), Valeo (France), Cummins (United States), Mitsubishi Electric Corporation (Japan), Prestolite Electric (United States), BPI Group Hungary Kft (Hungary), ACDelco (United States), Mechman Alternators (United States) and Jinzhou Halla Electrical Equipment (China) |
This growth is primarily driven by Increasing demand for energy-efficient vehicles is the major driver global auto generator market. This means that a reliable supply of electrical energy with improved efficiency becomes one of the most important development targets for new vehicles..
Globally, a noticeable market trend is evident Rising Demand of the Electric Vehicles Major Vendors, such as DENSO Corporation (Japan), Robert Bosch GmbH (Germany), Valeo (France), Cummins (United States), Mitsubishi Electric Corporation (Japan), Prestolite Electric (United States), BPI Group Hungary Kft (Hungary), ACDelco (United States), Mechman Alternators (United States) and Jinzhou Halla Electrical Equipment (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The auto generator market is fragmented as the market has a number of companies that offer various products. The companies are exploring the market by expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Developments in the Market:
In April 2019, DENSO Corporation, the world's second-largest mobility provider, DENSO Sales Japan Corporation, a subsidiary of DENSO Corporation, and DENSO Ten Sales Limited, a subsidiary of DENSO Ten Limited, and DENSO Ten Service Limited merged to form a new company called DENSO Solution Japan Corporation. to establish. As vehicle electrification and automated driving progress rapidly within the automotive industry, DENSO has previously announced several organizational changes to increase its competitiveness. The formation of DENSO Solution will create high-added value with new products and services in the automotive aftermarket. DENSO's global organizational restructuring was undertaken to accelerate business execution, R&D, collaboration and other efficiencies during major industry changes.
In May 2019, Zhengzhou Coal Mining Machinery Group (ZMJ), an industrial group that produces auto parts and coal mining machinery, and China Renaissance Capital Investment (CRCI), a private equity firm, said that the parties involved had entered into a binding agreement as follows: announced. The Starters and Generators division (SG) of Robert Bosch GmbH (Bosch) is acquired.
Influencing Trend:
Rising Demand of the Electric Vehicles
Market Growth Drivers:
Increasing demand for energy-efficient vehicles is the major driver global auto generator market. This means that a reliable supply of electrical energy with improved efficiency becomes one of the most important development targets for new vehicles.
Challenges:
Increasing regulations on diesel generator
Restraints:
government regulations on Auto Generator
Opportunities:
Technological Advancement and Development in the Auto Generator
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Auto Generator Market
- Analysis about New Entrants in Auto Generator Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Auto Generator Study Sheds Light on
The Auto Generator Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Auto Generator industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Auto Generator industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.