Global Automotive Alternator and Starter Motor Market Growth 2023-2029

Global Automotive Alternator and Starter Motor Market Growth 2023-2029

The global Automotive Alternator and Starter Motor market size is projected to grow from US$ 31350 million in 2022 to US$ 41070 million in 2029; it is expected to grow at a CAGR of 3.9% from 2023 to 2029.

United States market for Automotive Alternator and Starter Motor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Automotive Alternator and Starter Motor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Automotive Alternator and Starter Motor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Automotive Alternator and Starter Motor players cover ASIMCO Technologies, Citigroup, Cummins Inc, BBB Industries, Broad-Ocean Technologies, BorgWarner, Denso CORPORATION, Hella GmbH & Co. KGaA and Hitachi Astemo, Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

An automotive alternator is used in advanced automobiles to charge the battery and supply power to the vehicle's electrical system when the engine runs. The most popular misunderstanding is that the battery powers every electrical device in the car, including the windscreen wipers, headlights, and radio. Most of the electricity in a car is actually generated by an alternator.

The battery's principal functions are to start the engine and further provide power when it isn't running. On the other hand, a starter motor turns the engine through the ignition and permits the rest of the process. Starter motors are ultimately used to protect the motor from overload and short circuit faults and to reduce the starting current while maintaining the motor's starting speed.

LPI (LP Information)' newest research report, the “Automotive Alternator and Starter Motor Industry Forecast” looks at past sales and reviews total world Automotive Alternator and Starter Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Alternator and Starter Motor sales for 2023 through 2029. With Automotive Alternator and Starter Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Alternator and Starter Motor industry.

This Insight Report provides a comprehensive analysis of the global Automotive Alternator and Starter Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Alternator and Starter Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Alternator and Starter Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Alternator and Starter Motor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Alternator and Starter Motor.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Alternator and Starter Motor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Alternator
Starter Motor

Segmentation by application
Passenger vehicle
Commercial Vehicle
Off-road Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ASIMCO Technologies
Citigroup
Cummins Inc
BBB Industries
Broad-Ocean Technologies
BorgWarner
Denso CORPORATION
Hella GmbH & Co. KGaA
Hitachi Astemo, Ltd.
Mitsuba Corp.
Mitsubishi Electric
Ningbo zhongwang AUTO Fittings
Prestolite Electric Incorporated.
Robert Bosch GmbH
Unipoint
Valeo

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Alternator and Starter Motor market?

What factors are driving Automotive Alternator and Starter Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Alternator and Starter Motor market opportunities vary by end market size?

How does Automotive Alternator and Starter Motor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.