Truck Starter Motors

Truck Starter Motors

Global Truck Starter Motors Market to Reach US$2.2 Billion by 2030

The global market for Truck Starter Motors estimated at US$1.7 Billion in the year 2023, is expected to reach US$2.2 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2023-2030. Light-Duty Trucks Application, one of the segments analyzed in the report, is expected to record a 3.5% CAGR and reach US$1.9 Billion by the end of the analysis period. Growth in the Medium & Heavy-Duty Trucks Application segment is estimated at 2.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$475.5 Million While China is Forecast to Grow at 6.4% CAGR

The Truck Starter Motors market in the U.S. is estimated at US$475.5 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$452.3 Million by the year 2030 trailing a CAGR of 6.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.0% and 2.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Global Truck Starter Motors Market - Key Trends and Drivers Summarized

Truck starter motors are integral components of the automotive starting system, designed specifically for the robust requirements of commercial, heavy-duty, and light trucks. These motors are built to ensure reliability and durability, capable of withstanding the harsh environments and demanding usage patterns characteristic of truck operations. Starter motors for trucks are generally more robust than those used in smaller vehicles, incorporating heavy-duty materials and engineering designs that account for the larger engine sizes and higher power requirements. Modern truck starter motors have evolved from traditional direct current (DC) electric motor designs to include options like gear-reduction starters, which are more efficient and have a longer lifespan. These advancements help in reducing the wear on batteries and the electrical system, making them particularly suited for trucks that require frequent starts and stops in their operation, such as those used in delivery and construction industries.

The design and manufacture of truck starter motors have been significantly influenced by technological advancements and changing industry standards, which emphasize not only performance but also environmental considerations. The introduction of features such as start-stop technology, which allows the engine to temporarily shut off when idling to reduce fuel consumption and emissions, is becoming more common in the trucking industry. This technology requires starter motors that can handle a higher number of start cycles over the vehicle`s lifetime without compromising operational integrity. Additionally, as the truck industry gradually moves towards electrification, manufacturers of starter motors are adapting to this shift by developing products that are compatible with hybrid and fully electric trucks. These starter systems not only need to be powerful but also extremely reliable, as the cost of downtime for commercial vehicles can be significant.

The growth in the truck starter motor market is driven by several factors, including regulatory changes, technological advancements, and shifts in market demand. Stricter emissions regulations globally are pushing truck manufacturers to innovate towards more energy-efficient and environmentally friendly technologies. This regulatory environment is promoting the adoption of start-stop and other green technologies that require robust starter motors designed for frequent use. Technological factors also play a crucial role, with ongoing improvements in materials science and engineering allowing for lighter, more efficient, and more durable starter motors. Furthermore, the increasing demand for commercial vehicles due to the expansion of the logistics and e-commerce sectors is directly influencing the demand for high-quality and reliable truck starter motors. These trends highlight a market that is becoming increasingly dynamic and driven by both innovation and the essential need for efficiency and sustainability in the transportation sector.

Select Competitors (Total 56 Featured) -

• Cummins, Inc.
• Delco Remy (as part of PHINIA, Inc.)
• Denso Corporation
• Hitachi Astemo Aftermarket
• J&N (A Brand of Whites Moto)
• Lucas Indian Service Ltd.
• Lucas-TVS Limited
• Magneton a.s.
• MAHLE GmbH
• Mitsubishi Electric Europe B.V. - Independent Aftermarket
• Nikko Electric Industry Co.Ltd.
• Prestolite Electric, Inc.
• Sawafuji Electric Co., Ltd.
• SEG Automotive India Pvt Ltd
• Varroc Group
• WAI Global;

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