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Global Automotive Start-Stop System Market Size, Growth, Industry Trends | Emergen Research
The start-stop system can decrease fuel consumption and emissions while reducing Carbon Dioxide (CO2) emissions by 4%-8%. In addition, rising health consciousness and concerns about reducing air pollution and emissions and improving air quality is another key factor driving revenue growth of the market. The widespread adoption of start-stop technologies in cars helps to improve fuel efficiency, are more cost-effective, and reduce fuel consumption. Moreover, creation of an advanced vehicle start-stop system that is more reliable, effective, and user-friendly is also expected to drive market revenue growth during the forecast period.
However, this system does not require idling the main engine, which could add to its wear and load on the Diesel Particulate Filter (DPF) exhaust system. Also, since certain conditions could make the interior uncomfortable, the system cannot be turned on when Alternate Current (AC) is set too high or the engine is cold. Such factors are limiting demand for automotive start-stop system, which could restrain market revenue growth.
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Key Market Insights:
Component Demand and Safety Needs: The wheel speed sensor segment is expected to hold the largest market share. These sensors are essential for maintaining road safety and reducing accidents linked to high speeds. Studies have shown that each 10 km/h increase in vehicle speed can raise the accident risk by 33%. Data from the World Health Organization (WHO) notes that approximately 1.3 million people lose their lives in road crashes annually, underscoring the importance of safety-enhancing vehicle components like wheel speed sensors.
Passenger Car Growth: The passenger cars segment is projected to show consistent revenue growth. This is attributed to regulatory measures aimed at reducing fuel consumption and emissions. For example, the New European Driving Cycle (NEDC) has reported that adopting start-stop technology can reduce fuel emissions by up to 15% in urban driving conditions. Additionally, rising disposable incomes and lifestyle changes in developing countries are fueling this growth.
Aftermarket Trends: The aftermarket segment is expected to secure a significant market share due to increased demand for automotive start-stop engines, which are utilized across various vehicle types. Companies in the industry are focused on providing a range of new, refurbished, and used vehicle parts, supported by warranties, to meet consumer needs efficiently and economically.
Regional Highlights:
North America: This region accounted for the largest share of the market in 2022, supported by high sales of electric vehicles (EVs). The U.S., for instance, recorded sales of approximately 918,500 plug-in light vehicles in 2022. The demand for start-stop systems is on the rise as EV sales increase, and stringent government regulations in countries like Canada promote emissions reductions and sustainable vehicle technology.
Challenges to Growth: Despite its benefits, the start-stop system has limitations. Frequent use can increase wear on the main engine and the diesel particulate filter (DPF) exhaust system. Additionally, the system may not operate effectively under certain conditions, such as when the air conditioning is set too high or the engine is cold, potentially hindering widespread adoption.
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Some major players included in the global automotive start-stop system market report are:
Hitachi, Ltd.
SEG Automotive Germany GmbH
Robert Bosch GmbH
Yamaha Motor Co., Ltd.
AB Volvo
Continental AG
Denso Corporation
Maxwell Technologies
BorgWarner Inc.
Phinia Inc
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Segmentation Analysis:
Emergen Research has segmented the global automotive start-stop system market on the basis of component type, vehicle type, fuel type, distribution channel, and region:
Component Type Outlook (Revenue, USD Billion; 2019-2032)
Engine Control Unit
12V Direct Current (DC) Converter
Battery
Neutral Position Sensor
Wheel Speed Sensor
Crankshaft Sensor
Alternator
Vehicle Type Outlook (Revenue, USD Billion; 2019-2032)
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Fuel Type Outlook (Revenue, USD Billion; 2019-2032)
Gasoline
Diesel
Compressed Natural Gas (CNG)
Electric
Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)
Original Equipment Manufacturer (OEM)
Aftermarket
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
View Additional Related Reports:
Automotive Start-Stop System Market Size- https://www.emergenresearch.com/industry-report/automotive-start-stop-system-market/market-size
Automotive Start-Stop System Market Share- https://www.emergenresearch.com/industry-report/automotive-start-stop-system-market/market-share
Automotive Start-Stop System Market Trends- https://www.emergenresearch.com/industry-report/automotive-start-stop-system-market/market-trends
Automotive Start-Stop System Regional Market Demand- https://www.emergenresearch.com/industry-report/automotive-start-stop-system-market/regional-market-demand
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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