Industry Background:
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 Global Automotive Alternator and Starter Motor market presents a comprehensive analysis of the Automotive Alternator and Starter Motor market by product type (Alternator and Starter Motor), by end-user/application (Passenger Vehicle and Commercial Vehicle), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Vendors profiled in the report 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). Additionally, other players that are part of this comprehensive study are Remy International, Inc. (United States), Lucas Electrical Limited (United Kingdom) and Mitsuba Corporation (Japan).
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increase Demand of Technology Advancements Leads to Better Product Portfolio. and Increase in demand at Asia pacific region.
Market Growth Drivers:
Increase Production of Vehicles and Sales. and Rise in Demand of Electric Vehicles.
Challenges:
Rise in Level of Pollution Due to Alternator and Starter Motor. and Lack of Research and Development in the Field of Automotive Alternator and Starter Motor.
Restraints:
Separate Use of Internal Combustion Engine. and Increase in Demand of Hybrid Vehicles Hampers the Growth of Alternator and Starter Motor Market.
Opportunities:
Focus on Light Weight and Fuel Efficient Vehicles. and Rise in Demand Due to Industrialization and Urbanization.
Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Automotive Alternator and Starter Motor industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest.
The Sales Channels, such as OEM, is boosting the Automotive Alternator and Starter Motor market and is anticipated to experience a steady growth during the forecast period.
The Starter Motor Type, such as Electric, is boosting the Automotive Alternator and Starter Motor market and is anticipated to experience a steady growth during the forecast period.
The Alternator Type, such as Claw Pole Alternator, is boosting the Automotive Alternator and Starter Motor market and is anticipated to experience a steady growth during the forecast period.
The Technology, such as Belt Driven Starter motor and alternator, is boosting the Automotive Alternator and Starter Motor market and is anticipated to experience a steady growth during the forecast period.
The Power Output, such as 1.0 Kw-3.0 Kw, is boosting the Automotive Alternator and Starter Motor market and is anticipated to experience a steady growth during the forecast period.
The regional segmentation covered in this report are:
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)