Automotive Starter Motor Market Information Report by Type (electric, pneumatic, and hydraulic), Component (armature, starter drive gear, shift fork, return spring, solenoid, brush, and others), Engine Type (diesel engine and gasoline engine), Vehicle Type ( passenger car and commercial vehicle), and Region | Forecast 2030

Automotive Starter Motor Market Scenario:

The global automotive starter motor market is estimated to witness a 4.5% CAGR during the forecast period.

The factors that are responsible for the growth of automotive starter motor market are rise in the demand for passenger and commercial vehicles, development of advanced technology, stringent government regulations for emission, and among others. The rise in the demand for passenger and commercial vehicle mainly in emerging countries will increase the installation of starter motor in the vehicles. The electric starter motor is in high demand due to stringent government regulation for emission. There have been various developments in starter motor by the automotive manufacturers.  The advance starter motor includes various automatic start and stop options in the vehicles. This growing development in the start and stop technology allows the driver to stop the vehicle automatically. This will result in the growth of the market.

Automotive starter is used to initiate the operation of the vehicle by rotating an internal combustion engine. There are different types of starters, which include electric, pneumatic, and hydraulic. The internal combustion engine is a kind of feedback system, which rely mainly on inertia to initiate next cycle of rotation. The traditional starter motor were mainly human powered, in which the initial movement of the crankshaft was driven by human operated crank. The electric starter motor is the most commonly used in gasoline engines and small diesel engines. The latest technology advancement in automotive industry and have resulted in starter motor with permanent magnet or a series of parallel wound direct current electric motor. Bosch had developed a new 24-volt starter motor portfolio: the HEF109-L for heavy-duty vehicles. This will increase the capability of starter motor and result in increased demand for the market in future. There are various components involved in manufacture of starter motor such as armature, starter drive gear, shift fork, return spring, solenoid, brush, and others. The electric starter motor are mainly used in gasoline vehicles while pneumatic starter motor or hydraulic starter motor are used in diesel engine vehicles. Different starters are used for different vehicles mainly gasoline and diesel vehicles. The gasoline engine is expected to boost the starter motor market in future.

The Automotive starter motor market is segmented based on type, component, engine type, and vehicle type. By type, the market is segmented based on electric, pneumatic, and hydraulic. Electric starter motor segment is expected to dominate the market during the forecast period due to increase in demand for gasoline operated vehicles. There has been growing sales of passenger and commercial vehicle operated by gasoline in emerging countries. This will increase the demand for installation of electric starter motor. By component, the market is segmented into armature, starter drive gear, shift fork, return spring, solenoid, brush, and others. Solenoid segment is expected to dominate the market during the forecast period because it allows large electric current pass through the starter motor. By engine type, the market is segmented based on gasoline and diesel. The gasoline segment is expected to dominate the market during the forecast period due to increase in the production of gasoline-powered passenger and commercial vehicles.

Key Players

The key players in automotive starter motor market are Valeo SA (France), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Ningbo zhongwang AUTO Fittings Co.,Ltd. (China), Hitachi Automotive Systems, Ltd. (Japan), Mitsubishi Electric (Japan), ASIMCO Technologies Ltd. (China), Hella KGaA Hueck & Co. (Germany), BBB Industries (U.S.), Unipoint Electric MFG Co., Ltd. (Taiwan), Remy International, Inc. (U.S.), Lucas Electrical Limited (U.K.), Mitsuba Corporation (Japan), BorgWarner Inc. (U.S.), and Cummins Inc. (U.S.)

Automotive starter motor Market, By Segmentation

By region, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the automotive starter motor market due to an increase in demand for passenger and commercial vehicles. The growth of passenger and commercial vehicles will result in high demand for the installation of different types of starter motors in the vehicles. The OEMs in emerging countries are investing heavily in development of components that meet the government standard. The increased investment by the manufacturers will result in growing production of the starter motor. North America is expected to be the second largest market due to an increase in production of commercial vehicles. Commercial vehicles require the use of pneumatic and hydraulic starter motor. This will increase the demand for starter motor in North America.

The report for Global Automotive Starter Motor Market of Market Research Future comprises 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.