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Automotive Starter Motor and Alternator Market (Starter Motor Type - Electric, Pneumatic, Hydraulic and Others; Alternator Type - Claw Pole Alternator and Cylindrical Alternator): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024

  • Published : September, 2018

  • Rep Id : ATUP00039

  • Category : Automotive, Aerospace & Defence

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Automotive Starter Motor and Alternator Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Automotive Starter Motor and Alternator Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Automotive Starter Motor and Alternator Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on the automotive starter motor and alternator market provides in-depth analysis of segments and sub-segments in global as well as the regional automotive starter motor and alternator market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional automotive starter motor and alternator market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global automotive starter motor and alternator market. According to the report the global automotive starter motor and alternator market is projected to grow at a CAGR of 4.2% over the forecast period of 2018-2024.


Global Automotive Starter Motor and Alternator Market

 

Market Insight

An automotive starter motor is used to rotate and internal combustion engine to optimize the engine operation under its own power. Alternators are also used in automotive to charge the battery and power the electrical system when it is running. Many modern alternators are equipped with built-in “regulator” circuits that automatically switch battery power on and off to the rotor coil to regulate the output voltage.

 

Increasing in the production of vehicles and sales drives the growth of the automotive starter and motor and alternator market. In addition, rising sale of the hybrid vehicles and increase in adoption of electric vehicles due to environmental concerns are anticipated to boost the growth of the automotive starter motor and alternator market. However, the hybrid vehicles use an internal combustion engine hence they have eliminated the use of starters and alternators which is likely to restrain the growth of the automotive starter motor and alternator market. Furthermore, increasing preference for lightweight and fuel-efficient vehicles are further providing several growth opportunities for the key players in the automotive starter motor and alternator market over the upcoming years.

 

Among the geographies, Asia Pacific dominated the automotive starter motor and alternator market. The growth in the Asia Pacific region is due to the emerging economies and rapid industrial development. Moreover, the increasing demand for starters and alternators in North American region is due to increasing production of vehicles, coupled with continuous investment in this market is expected to fuel the demand for automotive starters and alternators in near future.


Segment Covered

The report on the global automotive starter motor and alternator market covers segments such as starter motor type and alternator type. On the basis of starter motor type the global automotive starter motor and alternator market is categorized into electric, pneumatic, hydraulic and others. On the basis of alternator type, the global automotive starter motor and alternator market is categorized into claw pole alternator and cylindrical alternator.

 

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, the U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2016-2024.

 

Companies Profiled:

The report provides profiles of the companies in the global automotive starter motor and alternator market such as, Hitachi Automotive Systems, Ltd., Cummins, Inc., ASIMCO Technologies Ltd, Controlled Power Technologies Ltd, Hella KGaA Hueck & Co., The Bosch Group, Mitsuba Corporation, Denso Corporation, Valeo Group, Lucas Electricals, Ltd and Mitsubishi Electric Corporation.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global automotive starter motor and alternator market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of automotive starter motor and alternator market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the automotive starter motor and alternator market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the automotive starter motor and alternator market to understand the present and future trends in this market and formulate their strategies accordingly.


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