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Global Automotive Starter Motor And Alternator Market Size 2023 Business Insights, Production Analysis, Competitive Landscape And Forecast To 2032 | Robert Bosch GmbH, Hitachi Automotive Systems Ltd., Denso Corporation, Valeo SA, Mitsuba Corp., HELLA GmbH
Automotive Starter Motor And Alternator Market
Automotive Starter Motor And Alternator Market Size, Growth Rate, And Forecast:
The global automotive starter motor and alternator market size is expected to grow from $29.71 billion in 2022 to $31.24 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive starter motor and alternator market size is expected to reach $37.59 billion in 2027 at a CAGR of 4.7%.
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Automotive Starter Motor And Alternator Market Drivers:
The rise in global automotive production is expected to propel the growth of the automotive starter motor and alternator market going forward. Automotive refers to all forms of mobile machinery, including automobiles, trucks, buses, vans, motorbikes, and golf carts. An automotive starter motor and alternator are used in an automobile to charge the battery and supply power to the vehicle's electrical system, by transforming the electricity into mechanical energy, on which engines and machines run.
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Automotive Starter Motor And Alternator Market Segments-
By Product Type: Electric Starter Motors, Gear Reduction Starter Motors
By Power Output: 1.0 KW-3.0 KW, 3.0 KW-5.0 KW, 5.0 KW And Above
By Technology: Belt Driven Starter Motor And Alternator, Enhanced Starter, Integrated Starter Generator (ISG), Direct Start
By Vehicle Type: Internal Combustion Engine (ICE), Hybrids, Other Vehicle Types
By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Starter Motor And Alternator Market.
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Automotive Starter Motor And Alternator Market Key Players:
Major competitors in the automotive starter motor and alternator Market include Robert Bosch GmbH, Hitachi Automotive Systems Ltd., Denso Corporation, Valeo SA, Mitsuba Corp., HELLA GmbH & Co. KGaA, Lucas Electrical.
The Business Research Company's "Global Automotive Starter Motor And Alternator Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Automotive Starter Motor And Alternator Market Include:
1. Executive Summary
2. Automotive Starter Motor And Alternator Market Characteristics
3. Automotive Starter Motor And Alternator Market Trends And Strategies
4. Automotive Starter Motor And Alternator Market - Macro Economic Scenario
5. Automotive Starter Motor And Alternator Market Size And Growth
……
26. Africa Automotive Starter Motor And Alternator Market
27. Automotive Starter Motor And Alternator Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Starter Motor And Alternator Market
29. Automotive Starter Motor And Alternator Market Future Outlook and Potential Analysis
30. Appendix
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