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Automotive Starter Motor Trends and Forecast
The future of the global automotive starter motor market looks promising with opportunities in the diesel engine and gasoline engine markets. The global automotive starter motor market is expected to reach an estimated $38.7 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing automotive production and sales worldwide, developments in starter motor technology, such as the advancement of integrated starter generators (ISGs) to enhance the performance and efficiency of vehicles, as well as, growing popularity of electric cars, whose internal combustion engines need starter motors.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Automotive Starter Motor by Segment
The study includes a forecast for the global automotive starter motor by vehicle type, type, component, engine, and region.
Automotive Starter Motor Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
• Passenger Car
• Commercial Vehicle
Automotive Starter Motor Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Electric
• Pneumatic
• Hydraulic
Automotive Starter Motor Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Armature
• Starter Drive Gear
• Shift Fork
• Return Spring
• Solenoid
• Brush
Automotive Starter Motor Market by Engine [Shipment Analysis by Value from 2018 to 2030]:
• Diesel Engine
• Gasoline Engine
Automotive Starter Motor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Automotive Starter Motor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive starter motor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive starter motor companies profiled in this report include-
• Valeo
• Denso
• Robert Bosch
• Ningbo zhongwang AUTO Fittings
• Hitachi Automotive Systems
• Mitsubishi Electric
• ASIMCO Technologies
• Hella
• BBB Industries
• Unipoint Electric
Automotive Starter Motor Market Insights
Lucintel forecasts that passenger car will remain the larger segment over the forecast period due to growth in the population globally, increase in automotive demand, and rising disposable income.
North America will remain the largest region over the forecast period due to automotive production expansion and continued investment in this industry.
Features of the Global Automotive Starter Motor Market
Market Size Estimates: Automotive starter motor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automotive starter motor market size by vehicle type, type, component, engine, and region in terms of value ($B).
Regional Analysis: Automotive starter motor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different vehicle type, type, component, engine, and regions for the automotive starter motor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive starter motor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the automotive starter motor market size?
Answer: The global automotive starter motor market is expected to reach an estimated $38.7 billion by 2030.
Q2. What is the growth forecast for automotive starter motor market?
Answer: The global automotive starter motor market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the automotive starter motor market?
Answer: The major drivers for this market are increasing automotive production and sales worldwide, developments in starter motor technology, such as the advancement of integrated starter generators (ISGs) to enhance the performance and efficiency of vehicles, as well as, growing popularity of electric cars, whose internal combustion engines need starter motors.
Q4. What are the major segments for automotive starter motor market?
Answer: The future of the global automotive starter motor market looks promising with opportunities in the diesel engine and gasoline engine markets.
Q5. Who are the key automotive starter motor market companies?
Answer: Some of the key automotive starter motor companies are as follows:
• Valeo
• Denso
• Robert Bosch
• Ningbo zhongwang AUTO Fittings
• Hitachi Automotive Systems
• Mitsubishi Electric
• ASIMCO Technologies
• Hella
• BBB Industries
• Unipoint Electric
Q6. Which automotive starter motor market segment will be the largest in future?
Answer: Lucintel forecasts that passenger car will remain the larger segment over the forecast period due to growth in the population globally, increase in automotive demand, and rising disposable income.
Q7. In automotive starter motor market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to automotive production expansion and continued investment in this industry.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive starter motor market by vehicle type (passenger car and commercial vehicle), type (electric, pneumatic, and hydraulic), component (armature, starter drive gear, shift fork, return spring, solenoid, and brush), engine (diesel engine and gasoline engine), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Automotive Starter Motor Market, Automotive Starter Motor Market Size, Automotive Starter Motor Market Growth, Automotive Starter Motor Market Analysis, Automotive Starter Motor Market Report, Automotive Starter Motor Market Share, Automotive Starter Motor Market Trends, Automotive Starter Motor Market Forecast, Automotive Starter Motor Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Automotive Starter Motor Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Automotive Starter Motor Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Automotive Starter Motor Market by Vehicle Type
3.3.1: Passenger Car
3.3.2: Commercial Vehicle
3.4: Global Automotive Starter Motor Market by Type
3.4.1: Electric
3.4.2: Pneumatic
3.4.3: Hydraulic
3.5: Global Automotive Starter Motor Market by Component
3.5.1: Armature
3.5.2: Starter Drive Gear
3.5.3: Shift Fork
3.5.4: Return Spring
3.5.5: Solenoid
3.5.6: Brush
3.6: Global Automotive Starter Motor Market by Engine
3.6.1: Diesel Engine
3.6.2: Gasoline Engine
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Automotive Starter Motor Market by Region
4.2: North American Automotive Starter Motor Market
4.2.2: North American Automotive Starter Motor Market by Engine: Diesel Engine and Gasoline Engine
4.3: European Automotive Starter Motor Market
4.3.1: European Automotive Starter Motor Market by Vehicle Type: Passenger Car and Commercial Vehicle
4.3.2: European Automotive Starter Motor Market by Engine: Diesel Engine and Gasoline Engine
4.4: APAC Automotive Starter Motor Market
4.4.1: APAC Automotive Starter Motor Market by Vehicle Type: Passenger Car and Commercial Vehicle
4.4.2: APAC Automotive Starter Motor Market by Engine: Diesel Engine and Gasoline Engine
4.5: ROW Automotive Starter Motor Market
4.5.1: ROW Automotive Starter Motor Market by Vehicle Type: Passenger Car and Commercial Vehicle
4.5.2: ROW Automotive Starter Motor Market by Engine: Diesel Engine and Gasoline Engine
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive Starter Motor Market by Vehicle Type
6.1.2: Growth Opportunities for the Global Automotive Starter Motor Market by Type
6.1.3: Growth Opportunities for the Global Automotive Starter Motor Market by Component
6.1.4: Growth Opportunities for the Global Automotive Starter Motor Market by Engine
6.1.5: Growth Opportunities for the Global Automotive Starter Motor Market by Region
6.2: Emerging Trends in the Global Automotive Starter Motor Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive Starter Motor Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Starter Motor Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Valeo
7.2: Denso
7.3: Robert Bosch
7.4: Ningbo zhongwang AUTO Fittings
7.5: Hitachi Automotive Systems
7.6: Mitsubishi Electric
7.7: ASIMCO Technologies
7.8: Hella
7.9: BBB Industries
7.10: Unipoint Electric
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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