According to a new market research report published by Market Research Future “Automotive Starter Motor Market Analysis From 2019 to 2023 by Type (electric, pneumatic, and hydraulic), Component (armature, starter drive gear, shift fork, return spring, solenoid, brush, and others), Engine Type (diesel engine and gasoline engine), Vehicle Type ( passenger car and commercial vehicle), and Region”, the global Automotive Starter Motor market accounted to hit the notable market value in 2023 and expected to witness CAGR of 4.55% across the forecast period through 2019 to 2023. Report provides comprehensive information on Global Automotive Starter Motor Market key players, share, Sales, revenue, industry size in terms of volume.
Key Companies Covered –
The global automotive starter motor market comprises a host of key players. This includes names like Hitachi Automotive Systems, Ltd. (Japan), Valeo SA (France), ASIMCO Technologies Ltd. (China), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Unipoint Electric MFG Co., Ltd. (Taiwan), Ningbo zhongwang AUTO Fittings Co.,Ltd. (China), Lucas Electrical Limited (U.K.), Mitsuba Corporation (Japan), Mitsubishi Electric (Japan), Hella KGaA Hueck & Co. (Germany), Remy International, Inc. (U.S.), BBB Industries (U.S.), BorgWarner Inc. (U.S.), and Cummins Inc. (U.S.)
Free Sample Copy of “Automotive Starter Motor Market Research Report – Global Forecast to 2023” available at: https://www.marketresearchfuture.com/sample_request/5626
Automotive Starter Motor Industry Insight:
Automotive starter motor is used to rotate the internal combustion engine to initiate the ignition of the engine. The current automotive industry uses starter motor in diesel and gasoline engines. The increase in the investment on research and development have led to growing innovation in the starter motor. 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.
The report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
The global automotive starter motor market was analyzed by Market Research Future (MRFR) and it was projected that a decent CAGR will be attained by the market over the forecast period of 2019 to 2023. The valuation of the automotive starter motor market was further stated to surpass its previous valuation.
Automotive Starter Motor Market Segment Analysis:
The scope of the study segments the global automotive starter motors market by its type, component, engine type, and vehicle type, and region
By Type:
Electric
Pneumatic
Hydraulic
By Component:
Armature
Starter drive gear
Shift fork
Return spring
Solenoid
Brush
Others
By Engine Type:
Diesel Engine
Gasoline Engine
By Vehicle Type:
Passenger Car
Commercial Vehicle
Regional Outlook:
The global automotive starter motor market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).
In Asia Pacific region, there is an increase in the sales of new vehicles in countries such as India and China. In addition to this, the rising population and the increasing per capita income have also created significant scope for growth of automotive industry. In Asia Pacific, China is one of the largest markets that is expected to grow during the forecast period. Due to the technology advancement in the automotive industry, there has been mass production of the vehicle. The mass production of vehicles will result in growing installation of starter motor.
North America is believed to be the second-largest region in the global automotive starter motor market. This is because of the increasing production level of commercial vehicles in this region, especially in countries like the US and Canada. As commercial vehicles require the usage of hydraulic and pneumatic starter motors, it is anticipated to accelerate the demand for the global automotive starter motor market in the North American region.
List of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 MACRO INDICATORS INFLUENCING THE GLOBAL AUTOMOTIVE STARTER MOTOR MARKET FOR TOP FIVE COUNTRIES
TABLE 4 IMPORT ANALYSIS OF AUTOMOTIVE STARTER MOTORS, 2013-2017 (UNITS)
TABLE 5 EXPORT ANALYSIS OF AUTOMOTIVE STARTER MOTORS, 2013-2017 (UNITS)
TABLE 6 PROPORTION OF MANUFACTURING COST STRUCTURE
TABLE 7 LABOR COST ANALYSIS
Continued…
List of Figures:
FIGURE 1 GLOBAL AUTOMOTIVE STARTER MOTOR MARKET: MARKET STRUCTURE 17
FIGURE 2 RESEARCH PROCESS OF MRFR 20
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACHES 23
FIGURE 4 DROC ANALYSIS OF GLOBAL AUTOMOTIVE STARTER MOTOR MARKET 25
FIGURE 5 INTERNATIONAL TOURIST ARRIVALS, 2016 VS 2017 (MILLION) 26
FIGURE 6 DRIVERS IMPACT ANALYSIS: GLOBAL AUTOMOTIVE STARTER MOTOR MARKET 27
FIGURE 7 RESTRAINTS IMPACT ANALYSIS: GLOBAL AUTOMOTIVE STARTER MOTOR MARKET 28
FIGURE 8 SUPPLY CHAIN: GLOBAL AUTOMOTIVE STARTER MOTOR MARKET 31
FIGURE 9 PORTER’S FIVE FORCES MODEL: GLOBAL AUTOMOTIVE STARTER MOTOR MARKET 32
FIGURE 10 MARKETING CHANNEL OF AUTOMOTIVE STARTER MOTOR 40
Continued…
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