Automotive Starter Motor and Alternator

Global Automotive Starter Motor and Alternator Market to Reach US$78.6 Billion by 2030

The global market for Automotive Starter Motor and Alternator estimated at US$63.9 Billion in the year 2024, is expected to reach US$78.6 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2024-2030. Electric, one of the segments analyzed in the report, is expected to record a 3.9% CAGR and reach US$45.6 Billion by the end of the analysis period. Growth in the Pneumatic segment is estimated at 3.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$17.2 Billion While China is Forecast to Grow at 6.0% CAGR

The Automotive Starter Motor and Alternator market in the U.S. is estimated at US$17.2 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$15.9 Billion by the year 2030 trailing a CAGR of 6.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.8% and 2.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Global Automotive Starter Motor and Alternator Market - Key Trends & Drivers Summarized

How Do Starter Motors and Alternators Impact Vehicle Performance?

Starter motors and alternators are critical components in the automotive electrical system, ensuring the reliable starting of the engine and maintaining a stable power supply to all electrical components. The automotive starter motor and alternator market is experiencing growth due to the increasing production of vehicles globally, coupled with the rising incorporation of advanced electrical systems. As vehicles are now equipped with more electronic features—ranging from infotainment to safety systems—the need for efficient and reliable power generation and management through alternators has grown considerably. Additionally, advancements in engine start-stop systems have bolstered the demand for advanced starter motors capable of withstanding frequent engine restarts.

What Technological Trends Are Driving the Starter Motor and Alternator Market?

Technological advancements are playing a significant role in transforming the starter motor and alternator market. The development of high-efficiency, lightweight starters and alternators has contributed to overall vehicle fuel efficiency by reducing parasitic power losses. Enhanced start-stop systems, which automatically shut off the engine during idling to save fuel, require starter motors that are more durable and capable of handling multiple start cycles within a short period. Furthermore, the shift towards hybrid vehicles has led to the integration of starter-alternator units, which combine the functions of both components and improve vehicle efficiency by enabling regenerative braking and seamless engine restarts.

How Do Changing Consumer Preferences Influence Starter Motor and Alternator Technologies?

Consumers are increasingly demanding vehicles that offer enhanced fuel efficiency, reliability, and smooth operation. This trend has driven automakers to adopt advanced starter and alternator systems that minimize energy loss and improve the efficiency of the internal combustion engine. The popularity of vehicles equipped with start-stop technology, which offers fuel savings especially in urban driving conditions, has also led to a surge in demand for robust starter motors capable of delivering consistent performance despite frequent use. Additionally, the rise in electric and hybrid vehicles has introduced a need for more sophisticated power management systems, where alternators are integrated with other powertrain components to ensure smooth power delivery.

The Growth in the Automotive Starter Motor and Alternator Market Is Driven by Several Factors.

The growth in the automotive starter motor and alternator market is driven by several factors, including the increasing production of vehicles globally, which naturally leads to higher demand for these essential components. The growing adoption of engine start-stop systems, which significantly improve fuel efficiency and reduce emissions, has also driven demand for advanced starter motors that are durable and capable of handling frequent starts. Additionally, the trend towards lightweight and energy-efficient alternators that contribute to overall vehicle efficiency is pushing manufacturers to innovate. The rise in electric and hybrid vehicles has further fueled the market for starter-alternator units, which offer enhanced functionality and support various powertrain modes. Lastly, the expanding aftermarket for starter motors and alternators, driven by vehicle longevity and replacement needs, continues to contribute to market growth.

SCOPE OF STUDY:

The report analyzes the Automotive Starter Motor and Alternator market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Alternator Type (Claw Pole Alternator, Cylindrical Alternator); Starter Motor Type (Electric, Pneumatic, Hydraulic, Other Starter Motor Types)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 47 Featured) -

• ASIMCO Technologies Group Limited
• Cummins, Inc.
• Denso Corporation
• HELLA GmbH & Co. KGaA
• Hitachi Automotive Systems Ltd.
• Lucas Electrical
• Mitsuba Corporation
• Mitsubishi Electric Corporation
• Robert Bosch GmbH
• Valeo SA

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

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