The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increased worldwide automobile production is likely to stimulate innovation in automotive starting motor and alternator manufacture, propelling the market throughout the forecast period.

The global automotive starter motor and alternator market is expected to grow from $29.71 billion in 2022 to $31.24 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The global automotive starter motor and alternator market size is expected to reach $37.59 billion in 2027 at a CAGR of 4.7%.

Get A Free Sample On The Global Automotive Starter Motor And Alternator Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9624&type=smp

Global Automotive Starter Motor And Alternator Market Segments Include:

• By Product Type: Electric Starter Motors, Gear Reduction Starter Motors
• By Power Output:0 KW-3.0 KW, 3.0 KW-5.0 KW, 5.0 KW And Above
• By Technology: Belt Driven Starter Motor And Alternator, Enhanced Starter, Integrated Starter Generator (ISG), Direct Start
• By Vehicle Type: Internal Combustion Engine (ICE), Hybrids, Other Vehicle Types
• By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global automotive starter motor and alternator market in 2021.

Major Market Players in the automotive starter motor and alternator market include Robert Bosch GmbH, Hitachi Automotive Systems Ltd., Denso Corporation, Valeo SA, Mitsuba Corp., HELLA GmbH & Co. KGaA, Lucas Electrical, Mitsuba Corporation.

Technological developments are a prevalent trend in the automotive starting motor and alternator market. To maintain their market position, major businesses in automobile starting motors and alternators are introducing revolutionary technologies. For example, Autoelectro, a UK-based remanufacturer of starters, motors, and alternators, announced three new lines of starter motors with stop-start technology in March 2020. Stop-start starter motors in modern vehicles work in tandem with the vehicle’s engine control system. The automobile enters standby mode while stopped at a light or in a queue of traffic, allowing it to resume rapidly once the pedal is depressed. In addition to improving fuel efficiency, the stop-start technology reduces pollution, allowing car manufacturers to comply with severe government rules.

The Automotive Starter Motor And Alternator Global Market Report 2023  provides a automotive starter motor and alternator market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automotive starter motor and alternator market forecast analyzes automotive starter motor and alternator market size, automotive starter motor and alternator market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An automotive starter motor is an electrical device that uses a significant amount of current to switch on internal combustion engines. An alternator provides an alternate current that is used to charge a battery, which in turn charges the vehicles’ electric systems.

Explore Similar Reports From The Business Research Company:

Motor Vehicles Global Market Report 2023

Motorcycle And Bicycle Global Market Report 2023

Automotive Repair And Maintenance Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: