Press release
Automotive Starter Motors Market Evolving Technology, Trends and Demand 2021- ACDelco, Autolite, BorgWarner, Continental's solution, Denso Corporation
Automotive Starter Motors Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)
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Automotive Starter Motors Market size was valued at USD 91.70 Million in 2020 and is projected to reach USD 112.82 Million by 2028, growing at a CAGR of 2.65% from 2021 to 2028.
Markets Segmentation:
Top leading Companies Profiled in Automotive Starter Motors Market Report are ACDelco, Autolite, BorgWarner, Continental's solution, Denso Corporation, Hella KGaA Hueck & Co., Hitachi, Ltd., Lucas Electrical, Mitsubishi Electric Corporation, Motorcar Parts of America Inc, NGK, Prestolite Electric, Remy International, Robert Bosch, Toyota, Valeo SA
News and Update
Tata Motors launches new brand Xpres to cater to the fleet segment- Tata Motors on Wednesday announced the launch of a new brand called the Xpres to cater to the fleet segment. The segment aims to address demand from corporates and state governments. The brand will have multiple engine options, including petrol-compressed natural gas and electric and specific models. All vehicles for the fleet segment will sport the Xpres badge, differentiating them from cars meant for the personal segment.
Market Overview
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.
Rising demand for vehicles in recent years is expected to drive the automotive starter motor market during the forecast period. The mergers and acquisitions of several key manufacturers of automotive starter motors are anticipated to further fuel the automotive starter motor market in the near future.
Increasing efforts being taken by vehicle manufacturers to develop advanced technologies such as integrated starter generator in order to abide by the rules and regulations concerning improvements in fuel efficiency by reducing fuel emissions are likely to hamper the automotive starter motor market during the forecast period. The integrated starter generator helps the vehicle to start and stop automatically. In the automatic start-stop function, the system switches off the combustion engine at zero load, that is when the vehicle is idling at a traffic light and automatically restarts when the gas pedal is pressed in less than one hundredth of a millisecond. This is anticipated to restrain the automotive starter motor market during the forecast period.
Market Segmented By Types
Direct Control
Electromagnetic Control
Market Segmented By Applications
Passenger Cars
Commercial Vehicles
Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
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Key Takeaways from Automotive Starter Motors Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the Automotive Starter Motors market – key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance – Automotive Starter Motors market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Automotive Starter Motors
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In conclusion, the Automotive Starter Motors market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Automotive Starter Motors Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.
Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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