Automotive Starter Motor and Alternator Market Size, Share, Growth, Trends and Forecast 2016 - 2024
Global
Automotive Starter Motor and Alternator Market: Overview
The
research study analyzes the automotive starter motor and alternator
market on global basis and provides estimates in terms of revenue
(USD million) from 2015 to 2024. It describes the market dynamics
affecting the industry and analyzes their impact through the forecast
period. Moreover, it highlights the significant opportunities for
market growth in the next eight years.
A
starter motor in an automobile is one of the most vital component. It
is an electric motor, which ignites the engine to start. It comprise
of direct current electric motor and a starter solenoid. The starter
motor is powered by the battery of the car and to turn over the
engine, it requires very high electric current, which comes from the
battery. On the other hand, automotive alternators are components in
automobiles, which charges the battery and powers the electrical
systems when the engine is running.
Global
Automotive Starter Motor and Alternator Market: Drivers and Trends
The
global automotive starter motor and alternator market is fragmented
with few medium and large companies. Entry into this market is not
restricted as there is no monopoly of business and the market has
huge scope and opportunity. However, setting up of manufacturing
units for automotive starter motors and alternators require huge
capital and resource, which is not feasible for most of the small and
medium sized companies. Increasing private equity investments and
merger and acquisitions of companies in the automotive sector has
been of great influence to the automotive starter motor and
alternator market.
In
addition, application of automotive starter motors and alternators in
new segment of vehicles such as hybrid and electric vehicles is also
set to drive the market for automotive starter motor and alternator
across the world. Significant growth in the automotive sector coupled
with economic reforms in major developing countries has been able to
bolster the growth of this market.
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Global
Automotive Starter Motor and Alternator Market: Regional Outlook
Asia
Pacific, Middle East and Africa, and Latin America are key markets
for the future and are expected to provide huge opportunities to the
global automotive starter motor and alternator manufacturers because
of the growth in the automotive sector and increasing demand for
passenger vehicles in the regions. Moreover, in the past five years,
there has been an increasing production of vehicles globally because
of the rising demand and usage of passenger vehicles. This in turn is
driving the demand and growth of starter motors and alternators used
in the production of automobiles.
The
market is segmented on the basis of geography into Europe, North
America, Asia Pacific, Middle East and Africa (MEA), and Latin
America. These segments have been estimated in terms of revenue (USD
million). In addition, the report has been segmented based on starter
motor types, which includes, electric, pneumatic, hydraulic and
others. Moreover, the report is also segmented by alternator type
that includes claw pole alternator and cylindrical alternator.
For
better understanding of the automotive starter motor and alternator
market, the study comprises market attractiveness analysis, where the
starter motor types are benchmarked based on their market scope,
growth rate and market attractiveness.
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Key
Players Mentioned in this Report are:
The
report also provides company market share analysis of the various
industry participants. Acquisition is the main strategy being widely
followed by leading market players. In case of an acquisition, the
acquirer takes advantage of existing synergies. As a result, both
companies are expected to emerge more profitable and stronger than
before. Key players in the global automotive starter motor and
alternator market have been profiled and their company overview,
financial overview, business strategies and recent developments have
been covered in the report. Major market participants profiled in
this report include: Valeo Group, Denso Corporation, The Bosch Group,
Mitsuba Corporation, Mitsubishi Electric Corporation, Lucas
Electricals, Ltd., Controlled Power Technologies Ltd., Hella
KGaAHueck& Co., ASIMCO Technologies Ltd., Hitachi Automotive
Systems, Ltd. and Cummins, Inc.
The
automotive starter motor and alternator market has been segmented as:
Global
Automotive Starter Motor and Alternator Market: By Starter Motor Type
Electric
Pneumatic
Hydraulic
Others
Global
Automotive Starter Motor and Alternator Market: By Alternator Type
Claw
Pole Alternator
Cylindrical
Alternator
Global
Automotive Starter Motor and Alternator Market: By Geography
North
America
US
Canada
Mexico
Europe
UK
Italy
France
Germany
Rest
of Europe
Asia
Pacific
China
India
Japan
Rest
of Asia Pacific
Middle
East and Africa (MEA)
Iran
South
Africa
Rest
of MEA
Latin
America
Brazil
Argentina
Rest
of Latin America
The
report provides a cross-sectional analysis of by starter motor type
and of by alternator type segment with respect to the above mentioned
regions.
Table
of Content
Chapter
1 Preface
1.1
Report Scope
1.2
Market Segmentation
1.3
Research Objectives
1.4
Key Questions Answered
Chapter
2 Assumptions and Research Methodology
2.1
Report Assumptions
2.2
Acronyms Used
2.3
Research Methodology
Chapter
3 Executive Summary
3.1
Global Automotive Starter Motor and Alternator Market Snapshot
3.2
Market Opportunity Map
Chapter
4 Market Dynamics
4.1
Overview
4.2
Key Trend Analysis
4.3
Drivers and Restraints Snapshot Analysis
4.3.1
Drivers
4.3.2
Restraints
4.3.3
Opportunity Analysis
4.4
Company Market Share Analysis
4.5
Competitive Strategies Adopted by Major Players
4.6
Market Attractiveness Analysis
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