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Automotive Starter Motor Market Poised to Reach USD 101.73

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Jan 18, 2025 #Automotive, #Market, #Motor, #Poised, #reach, #Starter, #USD
Automotive Starter Motor Market Poised to Reach USD 101.73
Automotive Starter Motor Market Poised to Reach USD 101.73

Automotive Starter Motor Market:

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ญ ๐ญ๐จ ๐„๐ฑ๐ฉ๐š๐ง๐ ๐š๐ญ ๐š ๐‘๐จ๐›๐ฎ๐ฌ๐ญ ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ’.๐Ÿ•% ๐Ž๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐๐ž๐ซ๐ข๐จ๐

The global automotive starter motor market was valued at USD 9.8 billion in 2023 and is projected to reach USD 14.3 billion by 2030, growing at a CAGR of 4.7% from 2024 to 2030. This growth is driven by increasing automotive production, technological advancements, and a surge in the adoption of electric vehicles worldwide. The market is characterized by intense competition among key players, ongoing mergers and acquisitions, and advancements in starter motor technologies.

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Vietnam is emerging as a significant hub for automotive manufacturing, fueled by government incentives and foreign direct investments. Companies like VinFast are expanding their production capacities, creating opportunities for starter motor manufacturers. The market in Vietnam is expected to grow steadily, driven by a rising middle class and increasing vehicle demand.

๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ:

Expansion of local manufacturing capabilities.

Rising investments in electric vehicle production.

Consolidation in Vietnam: Recent collaborations between Vietnamese automotive firms and global technology providers are boosting the development of high-efficiency starter motors.

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ญ๐จ๐๐š๐ฒ :

๐‚๐ก๐ข๐ง๐š: ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

China dominates the global automotive starter motor market, driven by its robust automotive industry and leadership in electric vehicle production. Major companies like BYD and Geely are heavily investing in advanced starter motor technologies to enhance vehicle efficiency.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐‚๐ก๐ข๐ง๐š:

Increased focus on lightweight and energy-efficient starter motors.

Government policies promoting electric vehicle adoption.

Consolidation in China: Significant mergers and acquisitions, such as Geely’s partnership with Volvo, are reshaping the market landscape.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Thailand’s position as a regional automotive hub continues to bolster its starter motor market. The country’s focus on eco-friendly vehicles has spurred demand for innovative starter motor solutions.

๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐:

Growth in eco-friendly automotive production.

Investments in hybrid and electric vehicle technology.

Recent Updates in Thailand: Collaborations between local firms and global leaders, such as Toyota, are introducing advanced starter motor technologies to the market.

๐‰๐š๐ฉ๐š๐ง: ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Japan’s emphasis on automotive innovation ensures its continued leadership in the starter motor market. Companies like ๐ƒ๐ž๐ง๐ฌ๐จ ๐š๐ง๐ ๐Œ๐ข๐ญ๐ฌ๐ฎ๐›๐ข๐ฌ๐ก๐ข ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ are pioneers in developing next-generation starter motors.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง:

Focus on compact, lightweight starter motors.

Advancements in smart and integrated systems.

Consolidation in Japan: Strategic partnerships and acquisitions, such as Denso’s collaborations with leading automakers, are strengthening its market position.

๐‹๐จ๐จ๐ค๐ข๐ง๐  ๐Ÿ๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ง๐จ๐ฐ :

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

South Korea’s thriving automotive sector, led by companies like ๐‡๐ฒ๐ฎ๐ง๐๐š๐ข ๐š๐ง๐ ๐Š๐ข๐š is driving growth in the starter motor market. The focus on electric vehicles has created new avenues for innovation.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š:

Integration of AI-driven starter motor systems.

Research into low-noise and energy-efficient technologies.

Consolidation in South Korea: Mergers and joint ventures among domestic and global players are enhancing market dynamics.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

While Singapore’s automotive industry is relatively small, its focus on smart technologies and sustainable solutions is influencing the regional starter motor market.

๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž:

Investments in autonomous and electric vehicle technologies.

Research collaborations with global automotive leaders.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The United States remains a significant contributor to the global automotive starter motor market. Companies like Delphi and BorgWarner are spearheading advancements in starter motor technologies.

๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’:

Adoption of starter motors for electric and hybrid vehicles.

Focus on enhancing durability and performance.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Europe’s automotive industry is at the forefront of technological advancements, with a strong focus on sustainability and efficiency. Key players like Bosch and Valeo are investing heavily in R&D.

๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž:

Development of starter motors for hybrid and electric vehicles.

Stringent emission regulations driving innovation.

Recent Updates in Europe: Collaborations between automakers and technology firms are driving advancements in smart starter motor systems.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ค๐ž๐ฒ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž

Passenger Vehicle

Light Commercial Vehicle

Heavy Commercial Vehicle

From a global perspective, the Asia Pacific area holds a significant market share of over 75%. The Asia Pacific area is experiencing tremendous expansion in the passenger vehicle market. The APAC area includes densely populated nations like China and India, where household incomes are rising. Supporting the expansion of the automobile industry directly boosts the global market.

๐›๐ฒ ๐„๐ง๐ ๐ข๐ง๐ž ๐“๐ฒ๐ฉ๐ž

Diesel Engine

Petrol Engine

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž : @

๐‹๐ž๐š๐ซ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ข๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

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

๐†๐ž๐ญ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ฌ ๐ญ๐จ ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐š๐ฉ๐ข๐ง๐  ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

What is Automotive Starter Motor ?

What is the growth rate of the Automotive Starter Motor Market?

Which are the factors expected to drive the Automotive Starter Motor market growth?

What is the CAGR at which the Automotive Starter Motor market will grow during the forecast period?

What are the different segments of the Automotive Starter Motor Market?

Which is the fastest growing region in the Automotive Starter Motor market?

What growth strategies are the players considering to increase their presence in Automotive Starter Motor ?

What are the upcoming opportunities and trends for the Automotive Starter Motor Market?

What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Starter Motor Market?

Who are the leading companies and what are their portfolios in Automotive Starter Motor Market?

What segments are covered in the Automotive Starter Motor Market?

Who are the key players in the Automotive Starter Motor market?

๐†๐š๐ข๐ง ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐š๐ฅ๐ฎ๐š๐›๐ฅ๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฅ๐ข๐ง๐ค @

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ.

Past Size and Competitive Landscape

โ€ข Past Pricing and price curve by region

โ€ข Size, Share, Size Forecast by different segment

โ€ข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region

โ€ข Segmentation A detailed analysis by segment with their sub-segments and Region

โ€ข Competitive Landscape Profiles of selected key players by region from a strategic perspective

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Plastic Recycling Market https://www.maximizemarketresearch.com/market-report/global-plastic-recycling-market/55199/

โ™ฆ Microalgae market https://www.maximizemarketresearch.com/market-report/global-microalgae-based-products-market/63970/

โ™ฆ storage tank Market https://www.maximizemarketresearch.com/market-report/storage-tank-market/195623/

โ™ฆ Digital Payment Market https://www.maximizemarketresearch.com/market-report/digital-payment-market/16835/

โ™ฆ Global Emotion Detection and Recognition Market https://www.maximizemarketresearch.com/market-report/global-emotion-detection-and-recognition-market/29109/

โ™ฆ Sports Tourism Market https://www.maximizemarketresearch.com/market-report/sports-tourism-market/191030/

โ™ฆ Global Naphthalene Sulfonate Market https://www.maximizemarketresearch.com/market-report/global-naphthalene-sulfonate-market/16198/

โ™ฆ Global Preservative Blends Market https://www.maximizemarketresearch.com/market-report/global-preservative-blends-market/62669/

โ™ฆ Global Transparent Resin Polymer Market https://www.maximizemarketresearch.com/market-report/global-transparent-resin-polymer-market/108267/

โ™ฆ Global Nonwoven Tape Market https://www.maximizemarketresearch.com/market-report/global-non-woven-tape-market/32636/

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

๐‘๐ž๐š๐œ๐ก ๐Ž๐ฎ๐ญ ๐ญ๐จ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐จ๐ซ ๐ˆ๐ง-๐ƒ๐ž๐ฉ๐ญ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2,

Pune Banglore Highway, Narhe

Pune, Maharashtra 411041, India.

[email protected]

www.maximizemarketresearch.com

This release was published on openPR.

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