Automotive Starter Motor Market 2019 Global Size, Growth, Share, Competitive Analysis, Key Players, Opportunities, Revenue, And Regional Outlook To 2023

Automotive Starter Motor Market 2019 Global Size, Share, Trends, And Growth Forecast To 2023, is depth analysis report on Global Automotive Starter Motor Market, added by MarketResearchFuture. Report provides information on current turnover, share, and forecast market for Automotive Starter Motor Industry.

Global Automotive Starter Motor Market analyzed 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 regional forecast 2019 to 2023.

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Automotive Starter Motor Market Global Overview:

Automotive Starter Motor Market is predicted to grow at approximately 4.55% CAGR by 2023. Automotive Starter Motor is device that can turn over an internal combustion engine until the process of combustion takes over. Most automotive starter motors are electric, but some applications use pneumatic or hydraulic power. 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. There have been various developments in starter motor by the automotive manufacturers.

The key players in automotive starter motor market are:

 Valeo SA (France), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Ningbo zhongwang AUTO Fittings Co.,Ltd. (China), Hitachi Automotive Systems, Ltd. (Japan), Mitsubishi Electric (Japan), ASIMCO Technologies Ltd. (China), Hella KGaA Hueck & Co. (Germany), BBB Industries (U.S.), Unipoint Electric MFG Co., Ltd. (Taiwan), Remy International, Inc. (U.S.), Lucas Electrical Limited (U.K.), Mitsuba Corporation (Japan), BorgWarner Inc. (U.S.), and Cummins Inc. (U.S.)

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. There are various types of starter motor used in gasoline and diesel vehicles such as electric, pneumatic, or hydraulic. Electric starter motor is used in gasoline vehicles it produces linear or rotary force for the engine to start. Pneumatic or hydraulic starter motor are used in diesel operated vehicles because it converts the compressed air energy to mechanical work. The latest advancement in technology have resulted in starter motor installed with a permanent magnet or a series of the parallel wound with direct current.

Regional Analysis:

By region, the Automotive starter motor market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the automotive starter motor market due to an increase in demand for passenger and commercial vehicles. The growth of passenger and commercial vehicles will result in high demand for the installation of different types of starter motors in the vehicles.

The OEMs in emerging countries are investing heavily in development of components that meet the government standard. The increased investment by the manufacturers will result in growing production of the starter motor. North America is expected to be the second largest market due to an increase in production of commercial vehicles. Commercial vehicles require the use of pneumatic and hydraulic starter motor. This will increase the demand for starter motor in North America.

Automotive Starter Motor Market Segmentation:

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

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