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Automotive Hybrid Starter Generator Global Market 2024 Key Insights Industry Trends and Growth Projections
Automotive Hybrid Starter Generator
As per the report, the automotive hybrid starter generator market size has grown strongly in recent years. It will grow from $16.58 billion in 2023 to $17.5 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The automotive hybrid starter generator market size is expected to see strong growth in the next few years. It will grow to $21.84 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.
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What Is Driving The Growth Of The Global Automotive Hybrid Starter Generator Market?
Rising Automotive Industry Boosts Demand for Hybrid Starter Generators Market
Growing automotive industries are expected to propel the growth of the automotive hybrid starter generator market going forward. The automotive industry refers to the sector of the economy that involves the design, development, manufacturing, marketing, and sale of motor vehicles. The automotive industries are increasing due to changing consumer preferences, economic factors, regulatory and policy support, globalization and trade, and innovation in manufacturing. Hybrid starter generators are required for automotive because they enhance fuel efficiency, reduce emissions, and enable seamless start-stop and regenerative braking functions in hybrid vehicles.
What Is The Key Trend In The Global Automotive Hybrid Starter Generator Market?
Advancements In Automotive Hybrid Starter Generators
Major companies operating in the automotive hybrid starter generator market are focusing on technological advancements such as integrated belt-driven starter generators to enhance efficiency, reduce emissions, and improve overall vehicle performance. An integrated belt-driven starter generator (BSG) refers to a component in hybrid and mild hybrid vehicle systems that combines the functions of a starter motor and a generator into a single unit.
How Is The Global Automotive Hybrid Starter Generator Market Segmented?
The automotive hybrid starter generator market covered in this report is segmented -
1) By Type: 12-Volt, 48-Volt, Other Types
2) By Component: Electric Motor Or Generator, Power Electronic Controller, Battery
3) By Power Rating: Low Power (Up To 15 kW), Medium Power (15-30 kW), High Power (Above 30 kW)
4) By Application: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
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How Is The Competitive Landscape Of The Global Automotive Hybrid Starter Generator Market?
Major companies operating in the automotive hybrid starter generator market are Robert Bosch GmbH, Hitachi Automotive Systems Ltd., Denso Corporation, ZF Friedrichshafen AG, Continental AG, Hyundai Mobis Co. Ltd., Mitsubishi Electric Corporation, Aisin Seiki Co. Ltd., Valeo, Parker Hannifin Corporation, Nidec Corporation, Schaeffler AG, TRW Automotive, BorgWarner Inc., Hella GmbH & Co. KGaA, Rheinmetall Automotive AG, GKN Automotive Ltd., Mando Corporation, SEG Automotive, Dayco Ip Holdings LLC, Mahle GmbH, IAV Automotive Engineering, Maserati Inc., Delphi Technologies, Magneti Marelli
Contents Of The Global Automotive Hybrid Starter Generator Market
1. Executive Summary
2. Automotive Hybrid Starter Generator Market Report Structure
3. Automotive Hybrid Starter Generator Market Trends And Strategies
4. Automotive Hybrid Starter Generator Market - Macro Economic Scenario
5. Automotive Hybrid Starter Generator Market Size And Growth
…..
27. Automotive Hybrid Starter Generator Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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