Automotive Starter Motor and Alternator Market

28 Feb

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Automotive Starter Motor and Alternator Market Poised to Grow at a CAGR of 4.2% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Automotive Starter Motor and Alternator Market. The report presents analysis of global as well as regional markets of Automotive Starter Motor and Alternator Market over the period of 2016 to 2024. An automotive starter motor is used to rotate and internal combustion engine to optimize the engine operation under its own power. Alternators are 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 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 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 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. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global Automotive Starter Motor and Alternator Market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global Automotive Starter Motor and Alternator Market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1685

 

The recent report identified that Asia Pacific dominated the global Automotive Starter Motor and Alternator Market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the Automotive Starter Motor and Alternator Market worldwide.

 

The report segments the global Automotive Starter Motor and Alternator Market on the basis of Starter Motor Type and Alternator Type.

 

Global Automotive Starter Motor and Alternator Market by Starter Motor Type

·          Electric

·         Pneumatic

·         Hydraulic

·         Others

 

Global Automotive Starter Motor and Alternator Market by Alternator Type

·         Claw Pole Alternator

·         Cylindrical Alternator

 

Companies Profiled in the Report

·         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

·         Mitsubishi Electric Corporation

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

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