Automotive Alternator Market Research Report - Global Forecast to 2030

Automotive Alternator Market Research Report Information by Type (Single Phase and Three Phase), by Technology (Belt-driven alternator), by Vehicle Type (Passenger and Commercial) and by Region - Forecast to 2030

ID: MRFR/AM/1441-HCR | 100 Pages | Author: Swapnil Palwe | March 2024         

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Automotive Alternator Market

Automotive Alternator Market is expected to show a growth at CAGR of about 6.02%, with USD 23,180 Million by 2030

Segmentation
By Type Single Phase Three Phase
By Technology Belt-driven Alternator
By Vehicle Type Passenger Commercial
Key Players
Companies Profiled   Valeo    Denso    Bosch    Remy    ISKRA    Mando    Mitsubishi    Hitachi Automotive    Magneti Marelli    Motorcar Parts of America    Hella KGaA Hueck & Co.    Lucas Electrical
Drivers
Market Driving Forces   Increasing usage of electrical power in the cars    The rise in electrical and electronics device in the vehicles    Increasing global demand for vehicles has a significant contribution
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Automotive Alternator Market Scenario


Automotive alternator Market is expected to show a growth USD 23,180 million at aCAGR of about 6.02% from 2022 to 2030. Automotive alternator is a generator which generates power to the electrical component of the vehicle. The increasing usage of electrical power in the cars and the rise in electrical and electronics device in the vehicles is expected to surge the market for automotive alternator. Moreover, increasing global demand for vehicles has a significant contribution in the growth of automotive alternator market. Asia-Pacific is estimated to have the largest market for automotive industry due to government initiated FDI for international automotive players, favorable economic conditions, and presence of major automotive manufacturing industries which in turn is expected to drive the demand in the automotive alternator industry.


Study Objectives



  • To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global Automotive alternator market 

  • To provide insights about factors affecting the market growth

  • To analyze the global market based on various factors such as supply chain analysis, and Porter’s five forces analysis

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries - North America, Europe, Asia-Pacific, and ROW.

  • To provide country level analysis of the market with respect to the current market size and future prospective

  • To provide country level analysis of the market for segment by type, vehicle type and region

  • To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global market


Key Players


The key players of Global Automotive alternator Market report include- Valeo, Denso, Bosch, Remy, ISKRA, Mando, Mitsubishi, Hitachi Automotive, Magneti Marelli, Motorcar Parts of America, Hella KGaA Hueck & Co., and Lucas Electrical


Market Segmentation


 Automotive alternator Market Share


 


Regional Analysis


Asia-Pacific is the major regions for the automotive alternator market. Asia-Pacific is expected to be fastest growing market for the automotive alternator. Emerging economies like China, India, and South Korea are expected to drive the market due to government initiative in FDIs for international automotive players, increasing individual’s disposable income & purchasing power is expected to drive the market for automotive alternator. It is followed by European region due to presence of biggest automotive players in the region.


The report covers brief analysis of country level market information –



  • North America

    • U.S.

    • Canada

    • Rest of North America



  • Europe

    • U.K.

    • Germany

    • France

    • Sweden

    • Italy

    • Rest of Europe



  • Asia-Pacific

    • China

    • India

    • Japan

    • Rest of Asia-Pacific



  • Rest of World

    • Brazil

    • Saudi Arabia

    • Others




Automotive alternator Market, by Region (USD Million)


Automotive alternator Market Outlook


Target Audience



  • Manufacturers of Automotive alternator

  • Traders, distributors, and automotive alternator suppliers

  • Government and research organization

  • Investment bankers and M&A Consultants


Geographic Analysis



  • Geographical analysis across 17 countries


Company Information



  • Profiling of 10 key market players

  • SWOT analysis, and strategy  information of top five players in the market

  • Competitive landscape including emerging trends adopted by major companies


The report for Global Automotive alternator Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 23,180 Million
  CAGR   6.02% CAGR (2022 to 2030)
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Technology and Vehicle Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Valeo, Denso, Bosch, Remy, ISKRA, Mando, Mitsubishi, Hitachi Automotive, Magneti Marelli, Motorcar Parts of America, Hella KGaA Hueck & Co., and Lucas Electrical
  Key Market Opportunities  Increasing usage of electrical power in the cars  The rise in electrical and electronics device in the vehicles
  Key Market Drivers   Increasing global demand for vehicles has a significant contribution




Frequently Asked Questions (FAQ) :

The automotive alternator market is projected to mark 6.02% CAGR.

The key players of the automotive alternator market are Valeo, Bosch, Denso, Remy, Mando, ISKRA, Hella KGaA Hueck & Co., Mitsubishi, Magneti Marelli, Hitachi Automotive, Motorcar Parts of America, and Lucas Electrical.

The type based segments of the automotive alternator market are three phase and single phase.

The segments of the automotive alternator market, by vehicle type, are commercial and passenger.

The region based segments of the automotive alternator market are North America, Europe, Asia-Pacific, and Rest of World.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players‚Äô financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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