Automotive Starter Motors, Alternators and Ignitions Market Trends and Analysis by Technology, Companies and Forecast to 2028

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Published: October 31, 2023 Report Code: GDAUS751023-ST

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Automotive Starter Motors, Alternators, and Ignitions Market Overview

The starter motors, alternators, and ignitions market size is estimated at 710.9 million units in 2023. Emerging market growth and rising government regulations on vehicle emissions are driving the market growth. Furthermore, the rise in emerging technologies and overall technological advancements are also expected to promote market growth. However, the starter motors alternators, and ignition market is forecast to register a negative CAGR of more than 2% during the projected period, primarily owing to the prolonged impact of the COVID-19 pandemic.

Automotive Starter Motors, Alternators, and Ignitions Market Outlook 2023-2028 (Million Units)

Automotive Starter Motors, Alternators, and Ignitions Market Outlook 2023-2028 (Million Units)

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The automotive starter motors, alternators, and ignitions market research report offers a comprehensive analysis of the trends & drivers, technological developments, PESTER outlook, sector forecast, and competitive landscape. The report brings together multiple data sources to provide a detailed overview of the global starter motors, alternators, and ignitions sector during the projected period.

Market Size (2023) 710.9 million units
CAGR (2023-2028) > (2) %
Key Segments ·        Gasoline Spark Plugs and Ignition Coils

·        SA – Alternators

·        SA – Starter Motors

·        SA – Others
Key Regions ·        Asia-Pacific

·        Europe

·        North America

·        South America

·        MEA
Key Companies ·        SEG Automotive (Bosch)

·        Valeo

·        Denso

·        BorgWarner (inc Remy)

·        Diamond Electric

·        Mitsubishi

·        Others
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Automotive Starter Motors, Alternators, and Ignitions Market Segmentation by Sectors

In 2023, gasoline spark plugs and ignition coils together garnered the largest share of the market, followed by SA – alternators, and SA – starter motors.

The key sectors in the starter motors, alternators, and ignitions market are –

  • Gasoline Spark Plugs and Ignition Coils
  • Sa – Alternators
  • Sa – Starter Motors
  • Others

Automotive Starter Motors, Alternators, and Ignitions Market Analysis by Sectors, 2023 (%)

Automotive Starter Motors, Alternators, and Ignitions Market Analysis by Sectors, 2023 (%)

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Automotive Starter Motors, Alternators, and Ignitions Market Segmentation by Region

In 2023, Asia-Pacific leads the automotive starter motors, alternators, and ignitions market, followed by Europe, and North America.

The key regions in the starter motors, alternators, and ignitions market are –

  • Asia-Pacific
  • Europe
  • North America
  • South America
  • MEA

While the automotive industry for electric vehicles is likely to rise in the next years, the Asia-Pacific spark plugs market may experience a decline in demand. The spark plug provides an electric spark to burn petrol in the car as the engine begins and runs at the appropriate speed. In addition, the glow plug generates heat to burn diesel in the diesel car to start the engine in cold weather. Spark plugs are built into the cylinders of gasoline engines, whereas glow plugs are built into the cylinder heads of diesel engines.

Automotive Starter Motors, Alternators, and Ignitions Market Analysis by Region, 2023 (%)

Automotive Starter Motors, Alternators, and Ignitions Market Analysis by Region, 2023 (%)

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Automotive Starter Motors, Alternators, and Ignitions Market – Competitive Landscape

The leading companies in the starter motors, alternators, and ignitions market are SEG Automotive (Bosch), Valeo, Denso, Diamond Electric, Mitsubishi, and BorgWarner among others. Denso leads the sector, followed by Valeo, and SEG Automotive. Mitsubishi and Diamond Electric lead the Asia-Pacific automotive starter motors, alternators, and ignition market.

Automotive Starter Motors, Alternators, and Ignitions Market Analysis by Companies

Automotive Starter Motors, Alternators, and Ignitions Market Analysis by Companie

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Key Segments Covered in this Report.

Automotive Starter Motors, Alternators, and Ignitions Sector Outlook (Volume, Million Units, 2018-2028)

  • Gasoline Spark Plugs and Ignition Coils
  • Sa – Alternators
  • Sa – Starter Motors
  • Others

Automotive Starter Motors, Alternators, and Ignitions Regional Outlook (Volume, Million Units, 2018-2028)

  • Asia-Pacific
  • Europe
  • North America
  • South America
  • MEA

Automotive Starter Motors, Alternators, And Ignitions Market – Latest Developments

  • In February 2023, Bosch México started its manufacturing operations at Queretaro, one year after the investment announcement. The project signifies a deal of 146 million dollars.
  • In January 2023, BorgWarner plans to grow operations in Bangalore with the inaugural of an electric propulsion engineering center as a part of its plan to reach carbon neutrality by 2035.

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Scope

Provides an overview of the automotive industry scenario regarding the future outlook regarding global trends, drivers, technologies and developments. The analysis also covers regional overview across five regions – Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe – highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.

Reasons to Buy

  • This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector in the region.

  • The report provides a detailed analysis of the regions and competitive landscape that can help companies gain insight into the region-specific nuances.

  • The analysts have also placed a significant emphasis on the key trends that drive customer choice and the future opportunities that can be explored in the region, which can help companies in revenue expansion.

  • To gain competitive intelligence about leading component suppliers in the sector in the region with information about their market share and growth rates.

Denso
Valeo
SEG Automotive
Mitsubishi
Mitsuba

Table of Contents

  • 1. Executive Summary

  • 2. Main Trends and Drivers

  • 2.1 Trends

  • 2.2 Drivers

  • 3 Technologies and Innovations

  • 4 PESTER Analysis

  • 5 Sector Forecast

  • 5.1 Sector Forecast – Global starter motors, alternators, and ignitions Volumes

  • 5.2 Gasoline Spark Plugs & Ignition Coils – Global Volumes

  • 5.3 Glow Plugs & SA – Alternators – Global Volumes

  • 5.4 LPG/CNG Spark Plugs & SA – Starter motors – Global Volumes

  • 5.5 Integrated starter alternators – Global Volumes

  • 5.6 Asia-Pacific Market Growth Analysis

  • 5.7 European Market Growth Analysis

  • 5.8 North American Market Growth Analysis

  • 5.9 South America Market Growth Analysis

  • 5.10 MEA Market Growth Analysis

  • 6 Latest Developments

  • 7 Key Companies

  • 7.1 Top companies by Market Share – Alternators

  • 7.2 Top companies by Market Share – Starter Motors

  • 7.3 Top companies by Market Share – Ignition

  • 8 Patent Analysis

  • 9 Appendix

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