𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐒𝐭𝐚𝐫𝐭𝐞𝐫 𝐌𝐨𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐒𝐭𝐚𝐫𝐭𝐞𝐫 𝐌𝐨𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 is expected to reach USD 101.73 Bn by 2030 from USD 69.47 Bn in 2023, at a CAGR of 5.6% during the forecast period.
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐒𝐭𝐚𝐫𝐭𝐞𝐫 𝐌𝐨𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
An automotive starter is a device that turns electrical energy into mechanical energy in order to crank a vehicle. The engine’s crankshaft must rotate a certain number of times for the starter to start the car. The engine begins to burn fuel when it reaches the desired speed. Engine runs on its own power when the starter disengages from the crankshaft.
Electric starters are used in gasoline vehicles, but diesel vehicles require various starter types based on their engine capacity. For example, hydraulic and pneumatic starters are needed for some large engines, while small gasoline engines are needed for some smaller engines.
𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐒𝐭𝐚𝐫𝐭𝐞𝐫 𝐌𝐨𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬
The need for starter motors is rising as a result of the growing demand for automobiles and the acquisition of many major companies. The market for integrated starters is anticipated to be driven by new technology that allows for auto start-stop and increases fuel efficiency while reducing emissions. The market for commercial vehicles is growing as a result of new technology entering the fleet system and better access thanks to IT participation.
Automotive Starter Motor Market Regional Analysis
Approximately 75% of the global market share is accounted for by the Asia Pacific region. The Asia Pacific area is experiencing significant expansion in the passenger car category. The Asia-Pacific area is home to extremely populous nations like China and India, whose household incomes are rising along with the population density. This expansion in the automobile sector feeds the global market.
Because of its rapid economic growth, North America is a significant market for automotive starter motors. Auto sales have been steadily increasing in nations like the US and Canada.
𝐎𝐛𝐭𝐚𝐢𝐧 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐍𝐨𝐰:
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐒𝐭𝐚𝐫𝐭𝐞𝐫 𝐌𝐨𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞
Market Size in 2023 USD 69.47 Bn.
Market Size in 2030 USD 101.73 Bn.
CAGR 5.6% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 295
No. of Tables 135
No. of Charts and Figures 150
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐒𝐭𝐚𝐫𝐭𝐞𝐫 𝐌𝐨𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧
𝐛𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞
1. Passenger Vehicle
2. Light Commercial Vehicle
3. Heavy Commercial Vehicle
𝐛𝐲 𝐄𝐧𝐠𝐢𝐧𝐞 𝐓𝐲𝐩𝐞
1. Diesel Engine
2. Petrol Engine
𝐋𝐞𝐚𝐫𝐧 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐅𝐫𝐨𝐦 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
Automotive Starter Motor Market Key Players
1. BorgWarner Inc.
2. DENSO EUROPE
3. Continental AG
4. Valeo
5. Delphi Technologies
6. Mitsuba Corp
7. Cummins Inc.
8. Bosch Auto Parts
9. Hitachi, Ltd
10. Mitsubishi Electric Corporation
𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐢𝐬 𝐥𝐞𝐚𝐝𝐢𝐧𝐠 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭𝐚𝐭𝐢𝐨𝐧 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐟𝐢𝐫𝐦, 𝐡𝐚𝐬 𝐚𝐥𝐬𝐨 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐫𝐞𝐩𝐨𝐫𝐭𝐬:
𝐌𝐞𝐭𝐚𝐯𝐞𝐫𝐬𝐞 𝐢𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 2.81 billion in 2023 and the total Metaverse in Automotive revenue is expected to grow at a CAGR of 34.6% from 2024 to 2030, reaching nearly USD 22.49 Billion by 2030. https://www.maximizemarketresearch.com/market-report/metaverse-in-automotive-market/228936/
𝐓𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐑𝐞𝐭𝐚𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 3.66 trillion in 2023 and the total Global Automotive Retail revenue is expected to grow at a CAGR of 7.15 % from 2024 to 2030, reaching nearly USD 6.22 trillion. https://www.maximizemarketresearch.com/market-report/automotive-retail-market/213615/
𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐢𝐧𝐭𝐢𝐧𝐠 𝐅𝐢𝐥𝐦 𝐌𝐚𝐫𝐤𝐞t was valued at USD 6.69 Billion in 2023, and it is projected to touch USD 9.94 Billion by 2030, exhibiting a CAGR of 5.57 % during the forecast period (2024-2030). https://www.maximizemarketresearch.com/market-report/automotive-tinting-film-market/193942/
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 48𝐕 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 5.21 Billion in 2023 and the total Automotive 48V System Revenue is expected to grow at a CAGR of 24.2 % from 2024 to 2030, reaching nearly USD 23.75 Billion in 2030. https://www.maximizemarketresearch.com/market-report/automotive-48v-system-market/190376/
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐐𝐮𝐚𝐧𝐭𝐮𝐦 𝐂𝐨𝐦𝐩𝐮𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 164.56 Million in 2023 and is expected to reach USD 1416.10 Million by 2030, exhibiting a CAGR of 36% during the forecast period (2024-2030) https://www.maximizemarketresearch.com/market-report/automotive-quantum-computing-market/190282/
𝐎𝐮𝐫 𝐀𝐝𝐝𝐫𝐞𝐬𝐬:
𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐯𝐭. 𝐋𝐭𝐝.
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