Global Automotive Starter Motor Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow about 5.6% from 2020 to 2027, reaching nearly US$ 84.6 Bn.
Global Automotive Starter Motor MarketGlobal Automotive Starter Motor Market: Overview
Automotive starter is used to crank the vehicle; it converts the electrical energy into mechanical energy. To start the vehicle the starter has to rotate the crankshaft of the engine into number of cycles. When the required speed is achieved, the engine starts its combustion process. Starter then disengage from crankshaft and engine run on its power.
Petrol Cars uses electric starters and diesel cars needs different types of starters according to their capacity, like pneumatic motor starter, Hydraulic starter, some big engine requires small petrol engine to use as starter.
Global Automotive Starter Motor Market: Drivers
Rising demand for automotive vehicle and acquisitions of numerous key players is increasing the demand for Starter Motor. New technology to auto start stop will increase fuel efficiency and emission will also reduce and is expected to drive integrated starter market.
Commercial Automotive market is increasing due to new technology coming in fleet system and involvement of IT is making it easier.
Global Automotive Starter Motor Market: Challenges
Increasing demand of electric vehicle may hamper the growth of Global Automotive Starter Motor Market. Rising Public transport solution reduces the growth of passenger car segment.
Global Automotive Starter Motor Market: Regional Overview
The Asia Pacific region has the major market share in global prospective approximately about 75%. In passenger vehicle segment, the Asia Pacific region is showing vast growth. APAC region has countries like India and China which are highly dense in terms of population and household income of people living here is also growing, Fueling the growth of automotive sector directly increases Global Automotive Starter Motor Market.
North America is a major market for the Automotive Starter Motor due to its high growth income. Countries like the United States and Canada shows consistent growth in sales of Vehicles.
The report also helps in understanding Automotive Starter Motor Market dynamics, structure by analyzing the market segments and projects the Automotive Starter Motor Market size. Clear representation of competitive analysis of key players by Propulsion Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Automotive Starter Motor Market make the report investor’s guide.
Scope of the Automotive Starter Motor Market
Automotive Starter Motor Market, By End Use
• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle
Automotive Starter Motor Market, by Engine Type
• Diesel Engine
• Petrol Engine
Automotive Starter Motor Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Automotive Starter Motor Market
• BorgWarner Inc.
• DENSO EUROPE
• Continental AG
• Valeo
• Delphi Technologies
• Mitsuba Corp
• Cummins Inc.
• Bosch Auto Parts
• Hitachi, Ltd
• Mitsubishi Electric Corporation
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