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Global Start-Stop Technology Market - Industry Insights by Product (Enhanced Starter, Belt-Driven Alternator Starter, Direct Starter, Integrated Starter Generator)

Start-Stop Technology Market

Start-Stop Technology Market

The study suggests that the global start-stop technology market is likely to grow from $2,100.2 million in 2015 to $7,058.0 million by 2022. Stringent emission control norms, increasing need for fuel efficient vehicles and increasing adoption of hybrid vehicles are that factors that are expected to drive the demand for start-stop technology over the forecast period.

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As per the findings of research, the enhanced starter was the largest contributor to the global start-stop technology market in 2015, in terms of volume and value; however, the integrated starter generator is expected to witness the highest growth, during the forecast period in terms of volume and value.

Geographically, Europe has been the largest market for start-stop technology, where the U.K. has been the largest contributor to the regional market. China is the major market in the Asia-Pacific region, while the U.S. remains the highest revenue generator in the North American Market. In the Rest of the World, Brazil was the largest market in the Latin American and the Middle-East and African countries.

The factors driving the growth of the market include increasing need for fuel efficient vehicles and stringent emission control norms globally. In North America, Environmental Protection Agency (EPA) introduced emission standards for cars and light trucks.

Additionally, the Organization of the Petroleum Exporting Countries (OPEC) imposed new regulations on its members and restricted the production and export of crude oil. Such initiative has a negative impact on the crude supply to the developing countries including India, Brazil and China which mainly rely on crude imports. These imports could be reduced by increasing fuel efficiency in vehicles through the use of start-stop technology, which leads to its increased demand.

Explore Research Report At: https://www.psmarketresearch.com/market-analysis/start-stop-technology-market

The key trend observed in the global start-stop technology market is the adoption of clean energy across the globe. Start-stop technology provides the advantage of reduced emissions over other technologies.+

The research states that the global start-stop technology market had a consolidated structure in 2015, where the top six competitors accounted for a major share of the market. Some of the key players in the global market include Robert Bosch GmbH, Continental AG, Denso Corporation, Delphi Automotive PLC, Johnson Controls, Inc, Hitachi, Ltd., Mitsubishi Electric Corporation, Valeo SA, and BorgWarner Inc.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
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