Market Snapshot:
The starter motor transforms the electrical energy from the battery into mechanical energy for activating the engine. The starter is an electric motor designed to operate under great electrical loads and to produce very high horsepower. The starter consists of housing, field coils, an armature, a commutator and brushes, end frames, and a solenoid-operated shift mechanism. Starter motors are direct-current (DC) motors that use a great amount of current for a short time. The starter motor circuit is a simple one containing just the starter motor and a solenoid or relay. The starter motor cranks the engine through a pinion gear that involves a ring gear on the engine flywheel.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | BorgWarner Inc. (United States), DENSO EUROPE (Netherlands), Continental AG (Germany), Valeo (France), Delphi Technologies (United States), Mitsuba Corp. (Japan), Hitachi, Ltd. (Japan), Mitsubishi Electric Corporation. (Japan), MAHLE (Germany), Remy International, Inc. (United States), Hella KGaA Hueck & Co. (Germany), BBB Industries (United States) and ASIMCO Technologies Ltd (United States) |
Segment Analysis
AMA Research have segmented the market of Global Automotive Starter market by Type, Application and Region. On the basis of Type, Electric are dominating the market in the year 2022
On the basis of geography, the market of Automotive Starter has been segmented into 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).
region held largest market share in the year 2022.
Market Trend
Improvements in Fuel Efficiency by Reducing Fuel Emissions and Increasing Preference for Light Weight
Market Drivers
Growing Adoption of Electric Vehicles Due To Environment Concerns
Opportunities
Rising Demand for Vehicles
Restraints
- Increasing Production of Hybrid Vehicles
In addition to the aforementioned factor, Growing Adoption of Electric Vehicles Due To Environment Concerns is expected to propel the growth of the market over the forecast period.
Competitive Landscape
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
The key Vendors profiled in the study are BorgWarner Inc. (United States), DENSO EUROPE (Netherlands), Continental AG (Germany), Valeo (France), Delphi Technologies (United States), Mitsuba Corp. (Japan), Hitachi, Ltd. (Japan), Mitsubishi Electric Corporation. (Japan), MAHLE (Germany), Remy International, Inc. (United States), Hella KGaA Hueck & Co. (Germany), BBB Industries (United States) and ASIMCO Technologies Ltd (United States). A lot of Japanese and United States players are profiled in the research study indicating a strong market dependence.