Automotive Starter Motor Market Report: Trends, Forecast and Competitive Analysis to 2030

Automotive Starter Motor Market Report: Trends, Forecast and Competitive Analysis to 2030

Automotive Starter Motor Trends and Forecast

The future of the global automotive starter motor market looks promising with opportunities in the diesel engine and gasoline engine markets. The global automotive starter motor market is expected to reach an estimated $38.7 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing automotive production and sales worldwide, developments in starter motor technology, such as the advancement of integrated starter generators (ISGs) to enhance the performance and efficiency of vehicles, as well as, growing popularity of electric cars, whose internal combustion engines need starter motors.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Automotive Starter Motor by Segment

The study includes a forecast for the global automotive starter motor by vehicle type, type, component, engine, and region.

Automotive Starter Motor Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:

• Passenger Car
• Commercial Vehicle

Automotive Starter Motor Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Electric
• Pneumatic
• Hydraulic

Automotive Starter Motor Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Armature
• Starter Drive Gear
• Shift Fork
• Return Spring
• Solenoid
• Brush

Automotive Starter Motor Market by Engine [Shipment Analysis by Value from 2018 to 2030]:

• Diesel Engine
• Gasoline Engine

Automotive Starter Motor Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Automotive Starter Motor Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive starter motor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive starter motor companies profiled in this report include-

• Valeo
• Denso
• Robert Bosch
• Ningbo zhongwang AUTO Fittings
• Hitachi Automotive Systems
• Mitsubishi Electric
• ASIMCO Technologies
• Hella
• BBB Industries
• Unipoint Electric

Automotive Starter Motor Market Insights

Lucintel forecasts that passenger car will remain the larger segment over the forecast period due to growth in the population globally, increase in automotive demand, and rising disposable income.

North America will remain the largest region over the forecast period due to automotive production expansion and continued investment in this industry.

Features of the Global Automotive Starter Motor Market

Market Size Estimates: Automotive starter motor market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Automotive starter motor market size by vehicle type, type, component, engine, and region in terms of value ($B).

Regional Analysis: Automotive starter motor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different vehicle type, type, component, engine, and regions for the automotive starter motor market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive starter motor market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the automotive starter motor market size?

Answer: The global automotive starter motor market is expected to reach an estimated $38.7 billion by 2030.

Q2. What is the growth forecast for automotive starter motor market?

Answer: The global automotive starter motor market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the automotive starter motor market?

Answer: The major drivers for this market are increasing automotive production and sales worldwide, developments in starter motor technology, such as the advancement of integrated starter generators (ISGs) to enhance the performance and efficiency of vehicles, as well as, growing popularity of electric cars, whose internal combustion engines need starter motors.

Q4. What are the major segments for automotive starter motor market?

Answer: The future of the global automotive starter motor market looks promising with opportunities in the diesel engine and gasoline engine markets.

Q5. Who are the key automotive starter motor market companies?

Answer: Some of the key automotive starter motor companies are as follows:

• Valeo
• Denso
• Robert Bosch
• Ningbo zhongwang AUTO Fittings
• Hitachi Automotive Systems
• Mitsubishi Electric
• ASIMCO Technologies
• Hella
• BBB Industries
• Unipoint Electric

Q6. Which automotive starter motor market segment will be the largest in future?

Answer: Lucintel forecasts that passenger car will remain the larger segment over the forecast period due to growth in the population globally, increase in automotive demand, and rising disposable income.

Q7. In automotive starter motor market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to automotive production expansion and continued investment in this industry.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the automotive starter motor market by vehicle type (passenger car and commercial vehicle), type (electric, pneumatic, and hydraulic), component (armature, starter drive gear, shift fork, return spring, solenoid, and brush), engine (diesel engine and gasoline engine), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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