Press release
Automotive Starting System Market Growth with Worldwide Industry Analysis to 2026
Automotive Starting System Market: Drivers and Restraints
The global automotive starting system market is primarily driven by the demand of vehicles with premium features such as automation in starting system. Moreover, the automotive market growth rate has shown significant elevation after the global recession of 2007 to 2009 in terms of production and demand, which in turn is driving the global market for automotive starting system. The need for technologically advanced automotive starting systems capable of increasing the fuel efficiency and reduced CO2 emissions in the vehicles are also having a positive impact on the global automotive starting systems market. However, the volatile costs related to the production of the automotive starting systems can pose as a restraint to the global automotive starting systems market.
Automotive Starting System Market: Segmentation:
On the basis of types, the automotive starting system market can be segmented as follows-
Electric
Pneumatic
Hydraulic
Non motor
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On the basis of starting system, the automotive starting system market can be segmented as follows-
Direct current starting system
Two point starter
Three point starter
Four point starter
Alternate current starting system
Direct online starter
Star delta starter
Auto transformer starter
Semi-automatic star delta starter
Automatic delta starter
On the basis of vehicle types, the Automotive Starting System market can be segmented as follows-
PC (Passenger Cars)
LCV (Light Commercial Vehicles)
HCV (Heavy Commercial Vehicles)
On the basis of distribution channel, the Automotive Starting System market can be segmented as follows-
OEM (Original Equipment Manufacturer)
Aftermarket
Automotive Starting System Market: Region Wise Outlook
The global automotive market is segmented into seven regions: North America, Latin America, Western Europe, and Eastern Europe, APEJ, Japan and Middle East and Africa. Among the aforementioned regions, the APEJ market dominates the global automotive starting system market. The countries as such China, India, and South Korea being the major hub for automobile market in the region is fostering the growth for automotive starting system market in the region. The Latin America and Western Europe market for automotive starting system is followed by the APEJ market in terms of market share. The developing regions and under developed regions like Middle East and Africa are also expected to show modest growth rates over the forecast period with growth of automotive aftermarket in the regions. Overall the automotive starting system is expected to register healthy growth over the forecast period.
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Automotive starting system market: Key players
Some of the key players identified in the global automotive starting system market includes:
Robert Bosch GmbH
Besoto starting system Pvt. Ltd.
Auto lek Pvt. Ltd.
Mitsubishi Electric
Wai Global
Lucas Electrical Limited
Koher Automotive Services
Ruian Runrun Auto Parts Co., Ltd.
Mitsuba Corp.
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