Automotive Starter Motor and Alternator Market to Hit US$38.56 Billion By 2024 - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024


ResearchMoz added Latest Research Report titled " Automotive Starter Motor and Alternator Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 " to it's Large Report database.

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.

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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.

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.

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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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