Global Automotive Starter Electromagnetic Switch Market Growth 2024-2030
The electromagnetic switch of the car starter, usually referred to as the starter electromagnetic switch or starter relay, is an important component of the car engine starting system. Its main function is to control the flow of current from the vehicle battery to the engine starter to start the engine.
The global Automotive Starter Electromagnetic Switch market size is projected to grow from US$ 5362 million in 2024 to US$ 7271 million in 2030; it is expected to grow at a CAGR of 5.2% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Starter Electromagnetic Switch Industry Forecast” looks at past sales and reviews total world Automotive Starter Electromagnetic Switch sales in 2023, providing a comprehensive analysis by region and market sector of projected Automotive Starter Electromagnetic Switch sales for 2024 through 2030. With Automotive Starter Electromagnetic Switch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Starter Electromagnetic Switch industry.
This Insight Report provides a comprehensive analysis of the global Automotive Starter Electromagnetic Switch 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 Starter Electromagnetic Switch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Starter Electromagnetic Switch market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Starter Electromagnetic Switch 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 Starter Electromagnetic Switch.
United States market for Automotive Starter Electromagnetic Switch is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Automotive Starter Electromagnetic Switch is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Automotive Starter Electromagnetic Switch is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Automotive Starter Electromagnetic Switch players cover Schneider, Siemens, Relpol, Panasonic, Omron, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Starter Electromagnetic Switch market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
12V
24V
Segmentation by Application:
Passenger Car
Commercial 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 analysing the company's coverage, product portfolio, its market penetration.
Schneider
Siemens
Relpol
Panasonic
Omron
TE Connectivity
Eaton Corporation
Hitachi
ABB
General Electric
Bosch
Zhejiang Huanfang Automobile Electric Appliance
HIMEL
ONPOW
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Starter Electromagnetic Switch market?
What factors are driving Automotive Starter Electromagnetic Switch market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Starter Electromagnetic Switch market opportunities vary by end market size?
How does Automotive Starter Electromagnetic Switch break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.