Automotive Starting System Market

Automotive Starting System Market: Global Industry Analysis and Opportunity Assessment 2016-2026

Market Overview

Automation is the need of the hour as the automotive industry growth is subsequently high, the need for advanced technologies and provision of smart features are playing as a vital role in the growth of automotive industry. Automotive starting system are considered as the heart of the vehicle. Automotive starting system is a combination of mechanical and electrical components that works together to start the vehicle engine.  In an automotive starting system, the electrical energy from the battery power converts into mechanical energy resulted into cranking the engine. The starting system consists of housing, field coils, an armature, a commutator and brushes, end frames and a solenoid operated shift mechanism. Automotive starter enables the safe and hassle free start or ignition of the vehicle engine. Over the last decade various companies are indulged in the continuous research and developments to make the automotive starter systems more superior and user friendly over the manual starting system in order to enhance the functionality and durability of automotive starting systems and tap the demand for technologically advanced automotive starting systems market, which is fostering the growth for global automotive starting system market. The aftermarket for the automotive starting system is also contributing to the growth of global automotive starting systems market. Overall, the global automotive starting systems market is anticipated to register a healthy CAGR over the forecast period. 

Automotive Starting System Market: Drivers and Restraints

The global automotive starting system market is primarily driven by the demand of vehicles with premium features such as automation in starting system. Moreover, the automotive market growth rate has shown significant elevation after the global recession of 2007 to 2009 in terms of production and demand, which in turn is driving the global market for automotive starting system. The need for technologically advanced automotive starting systems capable of increasing the fuel efficiency and reduced CO2 emissions in the vehicles are also having a positive impact on the global automotive starting systems market. However, the volatile costs related to the production of the automotive starting systems can pose as a restraint to the global automotive starting systems market. 

Automotive Starting System Market: Region Wise Outlook

The global automotive market is segmented into seven regions: North America, Latin America, Western Europe, and Eastern Europe, APEJ, Japan and Middle East and Africa. Among the aforementioned regions, the APEJ market dominates the global automotive starting system market. The countries as such China, India, and South Korea being the major hub for automobile market in the region is fostering the growth for automotive starting system market in the region. The Latin America and Western Europe market for automotive starting system is followed by the APEJ market in terms of market share. The developing regions and under developed regions like Middle East and Africa are also expected to show modest growth rates over the forecast period with growth of automotive aftermarket in the regions. Overall the automotive starting system is expected to register healthy growth over the forecast period.

Automotive starting system market: Key players

Some of the key players identified in the global automotive starting system market includes:

  • Robert Bosch GmbH
  • Besoto starting system Pvt. Ltd.
  • Auto lek Pvt. Ltd.
  • Mitsubishi Electric
  • Wai Global
  • Lucas Electrical Limited
  • Koher Automotive Services
  • Ruian Runrun Auto Parts Co., Ltd.
  • Mitsuba Corp.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Automotive Starting System Market: Segmentation:

On the basis of types, the automotive starting system market can be segmented as follows-

  • Electric
  • Pneumatic
  • Hydraulic
  • Non motor

On the basis of starting system, the automotive starting system market can be segmented as follows-

  • Direct current starting system
  • Two point starter
  • Three point starter
  • Four point starter
  • Alternate current starting system
  • Direct online starter
  • Star delta starter
  • Auto transformer starter
  • Semi-automatic star delta starter
  • Automatic delta starter

On the basis of vehicle types, the Automotive Starting System market can be segmented as follows-

  • PC (Passenger Cars)
  • LCV (Light Commercial Vehicles)
  • HCV (Heavy Commercial Vehicles)

On the basis of distribution channel, the Automotive Starting System market can be segmented as follows-

  • OEM (Original Equipment Manufacturer)
  • Aftermarket

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Automotive Starting System Market