Vehicle Starter Motor Market Size, Share, Trends, Growth Outlook

Vehicle Starter Motor Market is estimated to increase at a growth rate of 4.9% CAGR over the forecast period from 2024 to 2030.

The global Vehicle Starter Motor Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Product (Conventional, Permanent Magnet), By End-User (Passenger Vehicle, Commercial Vehicle), By Sales Channel (OEM, Aftermarket), By Engine (Diesel, Gasoline), By Type (Electric, Pneumatic, Hydraulic).

An Introduction to Global Vehicle Starter Motor Market, 2024

In 2024, the Vehicle Starter Motor Market continues to witness significant growth, driven by the increasing demand for efficient, reliable, and compact starting solutions in automotive applications, coupled with advancements in starter motor technologies. Starter motors play a critical role in initiating the engine's operation by converting electrical energy into mechanical energy to crank the engine. The market is experiencing a transition towards the adoption of lightweight, high-torque starter motor designs, including gear reduction starters, permanent magnet starters, and integrated starter-generators, to improve fuel efficiency, reduce emissions, and enhance cold-start performance. Moreover, the integration of starter motors with start-stop systems, mild hybrid systems, and electrified powertrains is further augmenting the demand for advanced starter motor solutions, driving innovation and competitiveness in the market.

Vehicle Starter Motor Competitive Landscape

The global Vehicle Starter Motor market is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Vehicle Starter Motor Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Vehicle Starter Motor Market Industry include- Bosch Ltd, Denso Corp, Hella KGaA Hueck and Co., Hitachi Ltd, Lucas Electrical Ltd, Mando Corp, Mitsuba Corp, Mitsubishi Electric Corp, Remy International, Valeo SA.

Vehicle Starter Motor Market Trend: Electrification of Vehicles Driving Demand for Start-Stop Systems

The Vehicle Starter Motor Market is experiencing a prominent trend driven by the increasing electrification of vehicles, leading to the widespread adoption of start-stop systems. As automotive manufacturers strive to meet stringent emission regulations and improve fuel efficiency, they are incorporating start-stop systems into vehicles to automatically shut off the engine when idling and restart it when needed. This trend necessitates efficient and reliable starter motors capable of handling frequent start-stop cycles, thereby fueling the demand for advanced starter motor technologies in the market.

Vehicle Starter Motor Market Driver: Growing Automotive Production and Sales Worldwide

A significant driver propelling the Vehicle Starter Motor Market is the continuous growth in automotive production and sales worldwide. As the global population grows, along with urbanization and rising disposable incomes, there is a consistent increase in the demand for passenger and commercial vehicles. This surge in automotive production, particularly in emerging markets, directly correlates with the demand for starter motors, as every vehicle requires a reliable starting mechanism. Moreover, the replacement market for starter motors is also bolstered by the aging vehicle fleet, further driving market growth.

Vehicle Starter Motor Market Opportunity: Shift Towards Integrated Starter-Generator Systems

An emerging opportunity in the Vehicle Starter Motor Market lies in the shift towards integrated starter-generator systems. With the automotive industry transitioning towards electrification and hybridization, there is a growing demand for innovative starter solutions that can perform additional functions beyond starting the engine. Integrated starter-generator systems combine the functions of a starter motor and a generator, enabling features such as regenerative braking, idle-stop-start, and mild hybridization. This presents an opportunity for market players to develop and supply advanced starter-generator systems, catering to the evolving needs of automakers and tapping into the growing market for electrified powertrains.

Vehicle Starter Motor Market Segmentation

By Product
Conventional
Permanent Magnet
By End-User
Passenger Vehicle
Commercial Vehicle
By Sales Channel
OEM
Aftermarket
By Engine
Diesel
Gasoline
By Type
Electric
Pneumatic
HydraulicGeographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa

Vehicle Starter Motor Companies

Bosch Ltd
Denso Corp
Hella KGaA Hueck and Co.
Hitachi Ltd
Lucas Electrical Ltd
Mando Corp
Mitsuba Corp
Mitsubishi Electric Corp
Remy International
Valeo SA
*- List not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Vehicle Starter Motor Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Vehicle Starter Motor Market Size Outlook, $ Million, 2021 to 2030
3.2 Vehicle Starter Motor Market Outlook by Type, $ Million, 2021 to 2030
3.3 Vehicle Starter Motor Market Outlook by Product, $ Million, 2021 to 2030
3.4 Vehicle Starter Motor Market Outlook by Application, $ Million, 2021 to 2030
3.5 Vehicle Starter Motor Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Vehicle Starter Motor Industry
4.2 Key Market Trends in Vehicle Starter Motor Industry
4.3 Potential Opportunities in Vehicle Starter Motor Industry
4.4 Key Challenges in Vehicle Starter Motor Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Vehicle Starter Motor Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Vehicle Starter Motor Market Outlook by Segments
7.1 Vehicle Starter Motor Market Outlook by Segments, $ Million, 2021- 2030
By Product
Conventional
Permanent Magnet
By End-User
Passenger Vehicle
Commercial Vehicle
By Sales Channel
OEM
Aftermarket
By Engine
Diesel
Gasoline
By Type
Electric
Pneumatic
Hydraulic

8 North America Vehicle Starter Motor Market Analysis and Outlook To 2030
8.1 Introduction to North America Vehicle Starter Motor Markets in 2024
8.2 North America Vehicle Starter Motor Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Vehicle Starter Motor Market size Outlook by Segments, 2021-2030
By Product
Conventional
Permanent Magnet
By End-User
Passenger Vehicle
Commercial Vehicle
By Sales Channel
OEM
Aftermarket
By Engine
Diesel
Gasoline
By Type
Electric
Pneumatic
Hydraulic

9 Europe Vehicle Starter Motor Market Analysis and Outlook To 2030
9.1 Introduction to Europe Vehicle Starter Motor Markets in 2024
9.2 Europe Vehicle Starter Motor Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Vehicle Starter Motor Market Size Outlook by Segments, 2021-2030
By Product
Conventional
Permanent Magnet
By End-User
Passenger Vehicle
Commercial Vehicle
By Sales Channel
OEM
Aftermarket
By Engine
Diesel
Gasoline
By Type
Electric
Pneumatic
Hydraulic

10 Asia Pacific Vehicle Starter Motor Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Vehicle Starter Motor Markets in 2024
10.2 Asia Pacific Vehicle Starter Motor Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Vehicle Starter Motor Market size Outlook by Segments, 2021-2030
By Product
Conventional
Permanent Magnet
By End-User
Passenger Vehicle
Commercial Vehicle
By Sales Channel
OEM
Aftermarket
By Engine
Diesel
Gasoline
By Type
Electric
Pneumatic
Hydraulic

11 South America Vehicle Starter Motor Market Analysis and Outlook To 2030
11.1 Introduction to South America Vehicle Starter Motor Markets in 2024
11.2 South America Vehicle Starter Motor Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Vehicle Starter Motor Market size Outlook by Segments, 2021-2030
By Product
Conventional
Permanent Magnet
By End-User
Passenger Vehicle
Commercial Vehicle
By Sales Channel
OEM
Aftermarket
By Engine
Diesel
Gasoline
By Type
Electric
Pneumatic
Hydraulic

12 Middle East and Africa Vehicle Starter Motor Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Vehicle Starter Motor Markets in 2024
12.2 Middle East and Africa Vehicle Starter Motor Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Vehicle Starter Motor Market size Outlook by Segments, 2021-2030
By Product
Conventional
Permanent Magnet
By End-User
Passenger Vehicle
Commercial Vehicle
By Sales Channel
OEM
Aftermarket
By Engine
Diesel
Gasoline
By Type
Electric
Pneumatic
Hydraulic

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
Bosch Ltd
Denso Corp
Hella KGaA Hueck and Co.
Hitachi Ltd
Lucas Electrical Ltd
Mando Corp
Mitsuba Corp
Mitsubishi Electric Corp
Remy International
Valeo SA

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Product
Conventional
Permanent Magnet
By End-User
Passenger Vehicle
Commercial Vehicle
By Sales Channel
OEM
Aftermarket
By Engine
Diesel
Gasoline
By Type
Electric
Pneumatic
Hydraulic