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Start-Stop Technology Market Growing at Rapid Speed for the Next Few Years

08-24-2018 09:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Start-Stop Technology Market Growing at Rapid Speed for the Next

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.

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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.

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 Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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