Automotive Starter Motor Market Overview:

Market Research Future Published a Research Report on Global Automotive Starter Motor Market Research Report. Automotive Starter Motor Market is predicted to grow at approximately 4.55% CAGR by 2023. There are various components involved in manufacture of starter motor such as armature, starter drive gear, shift fork, return spring, solenoid, brush, and others. The electric starter motor are mainly used in gasoline vehicles while pneumatic starter motor or hydraulic starter motor are used in diesel engine vehicles. Different starters are used for different vehicles mainly gasoline and diesel vehicles. The gasoline engine is expected to boost the starter motor market in future.

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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 advance starter motor includes various automatic start and stop options in the vehicles. This growing development in the start and stop technology allows the driver to stop the vehicle automatically. This will result in the growth of the market.

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 expected to be the second largest market due to the mature economy as far as investment in concerned. There has been huge investment in the automotive industry by several giants. The increased investment will result in growing production of vehicles. Europe is expected to be third largest market due to flourishing automotive industry. The automotive in Europe is majorly benefited from cure research and development projects undertaken by various automotive manufacturers. The cutthroat competition among the competitors in starter motor market has resulted in manufacturers prioritizing quality within automobiles components. The increased demand for premium and luxury vehicle have contributed towards the growth of the automotive starter motor market. The automotive manufacturers are installing different types of the starter motor in the entry-level vehicles to acquire more share. This will help the market growth during the forecast period. In Europe, Germany is expected to dominate the market during the forecast period. Germany is expected to acquire the highest share of the automotive starter motor market.

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.)

The report for Global Automotive Starter Motor Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table Of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Continued…

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