Global Vehicle Starter Motor Market Overview:
The automotive starter motor is used to rotate the internal combustion engine to initiate the ignition of the engine. The demand for vehicle starter motor is rising owing to growth in the automotive sector and demand M&HCVs for transporting cargo. An increase in investment in research and development has led to growing innovation in the starter motor. Some of the key players profiled in the study are Denso Corporation (Japan), BBB Industries (United States), Valeo SA (France), BorgWarner Inc. (United States), Hella KGaA Hueck & Co. (Germany), Hitachi Automotive Systems, Ltd. (Japan), Robert Bosch GmbH (Germany), Unipoint Electric MFG Co., Ltd. (Taiwan), Lucas Electrical Limited (United Kingdom), Remy International, Inc. (United States), Mitsubishi Electric (Japan) and Cummins Inc. (United States).
On the basis of geography, the market of Vehicle Starter Motor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Engine Type, the sub-segment i.e. Diesel Engine will boost the Vehicle Starter Motor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. OEM will boost the Vehicle Starter Motor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle Type, the sub-segment i.e. Passenger Cars will boost the Vehicle Starter Motor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Electrification of Vehicles
- Increasing Vehicle Production
- The Rise in the Demand for Passenger Cars
- Growing Preference for M&HCVs for Transporting Cargo
- Increasing Focus Towards Development and Upgradation In the Component Technologies
- Regulations and Rules towards the Development of Fuel Efficiency Norms by Reducing Fuel Emissions
- Integrated Starter Generator (ISG) and Compact Clutch Integrated Pulley for Alternators & Direct Start
- Intense Competition Among Manufacturer
The global Vehicle Starter Motor market is highly fragmented due to the presence of multiple numbers of players. The competition in the market has become strong with the appearance of many local vendors as well as international vendors, particularly in the developing countries. The companies are seeking ways to reduce cost, improve product quality and production efficiency. During the coming years, a number of companies will also follow merger and acquisition and many more strategies to sustain in this competitive market.
Target Audience:Raw Material Suppliers, Distributors/Traders/Wholesalers/Suppliers, Regulatory Bodies, Including Government Agencies And Ngo, Commercial Research & Development (R&D) Institutions, Importers and Exporters, Government Organizations, Research Organizations, And Consulting Firms, Trade Associations And Industry Bodies and End-Use Industries
Major Objectives Focused through this Study To define, describe, and forecast the Global Vehicle Starter Motor market on the basis of product [Electric, Flou-Thru Drive, Gear Reduction, Movable Pole Shoes, Inertia Starters, Pneumatic and Hydraulic] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Vehicle Starter Motor market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Vehicle Starter Motor industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Mitsuba Corporation (Japan), Ningbo zhongwang AUTO Fittings Co., Ltd. (China) and ASIMCO Technologies Ltd. (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Vehicle Starter Motor market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.