Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Automotive Starter Motor Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Automotive Starter
Motor
Market over the short as well as long period of
time. A detailed presentation of forecast, trends, and dollar values of
international Automotive Starter Motor Market is offered.
Market
Insights:
In accordance with the report, the Automotive Starter
Motor Market is projected to expand at a CAGR of 5.3% over the period
of forecast. The global Automotive
Starter Motor Market was valued at USD XX.X Mn in 2019 and is expected to reach
USD XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. The market for automotive starter motors is expanding as a result of
reasons such as increased demand for passenger and commercial cars, the
advancement of technology, and strict government pollution laws, among others.
The installation of starting motors in vehicles will expand due to the rise in
demand for passenger and commercial vehicles, particularly in emerging nations.
Due to strict government emission regulations, the electric starter motor is in
high demand. The car manufacturers have made a number of starter motor
advancements. In the cars, the advance starting motor offers a number of
automatic start and stop choices. The ability to start and stop a vehicle
automatically is a growing advancement in automotive technology. As a result,
the market will expand. The market is divided into four categories, according
to region: North America, Asia Pacific, Europe, and the Rest of the World. Due
to a rise in demand for passenger and commercial cars, the Asia Pacific region
is anticipated to dominate the automotive starter motor market. The
installation of various starter motor types in vehicles will be in great demand
as the number of passenger and commercial vehicles increases. The OEMs in
developing nations are making significant investments in the creation of
components that adhere to governmental standards. The manufacturers' increased
expenditure will increase starter motor production. Due to a rise in commercial
vehicle production, North America is anticipated to be the second-largest
market. Starter motors for commercial vehicles must be pneumatic and hydraulic.
Research
Methodology:
To compile
the detailed study of the global Automotive
Starter Motor Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Automotive Starter Motor Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Automotive Starter Motor Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Automotive Starter Motor Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Automotive Starter Motor Market Compounded annual growth rates for all segments have also
been provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Automotive Starter Motor Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Automotive
Starter Motor Market, By Type, 2022-2031 (USD Million)
·
Electric
·
Pneumatic
·
Hydraulic
Automotive
Starter Motor Market, By Component, 2022-2031 (USD Million)
·
Arma ture
·
Starter Drive
Gear
·
Shift Fork
·
Return Spring
·
Solenoid
·
Brush
Automotive
Starter Motor Market, By Engine Type, 2022-2031 (USD Million)
·
Diesel Engine
·
Gasoline
Engine
Automotive
Starter Motor Market, By Vehicle Type, 2022-2031 (USD Million)
·
Passenger Car
·
Commercial
Vehicle
Report
Highlights:
The prime objective of the Automotive Starter
Motor Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Automotive
Starter Motor Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Automotive
Starter Motor Market:
·
Valeo SA
(France)
·
Denso
Corporation (Japan)
·
Robert Bosch
GmbH (Germany)
·
Ningbo zhongwang
AUTO Fittings Co.Ltd. (China)
·
Hitachi
Automotive Systems Ltd. (Japan)
·
Mitsubishi
Electric (Japan)
·
ASIMCO
Technologies Ltd. (China)
·
Hella KGaA
Hueck & Co. (Germany)
·
BBB
Industries (U.S.)
·
Unipoint
Electric MFG Co.Ltd. (Taiwan)
·
Remy
International Inc. (U.S.)
·
Lucas
Electrical Limited (U.K.)
·
Mitsuba
Corporation (Japan)
·
BorgWarner
Inc. (U.S.)
·
Cummins Inc.
(U.S.)
Automotive
Starter Motor Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry