Automotive Alternator and Starter Motor Market Size Report, 2023-2032
The global automotive alternator and starter motor market size was exhibited at USD 31.85 billion in 2022 and is projected to hit around USD 49.79 billion by 2032, growing at a CAGR of 4.57% during the forecast period 2023 to 2032.
Key Pointers:
Automotive Alternator and Starter Motor Market Report Scope
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Report Coverage |
Details |
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Market Size in 2023 |
USD 33.31 Billion |
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Market Size by 2032 |
USD 49.79 Billion |
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Growth Rate From 2023 to 2032 |
CAGR of 4.57% |
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Base Year |
2022 |
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Forecast Period |
2023 to 2032 |
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Segments Covered |
Product, Vehicle Type, Sales Channel |
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Market Analysis (Terms Used) |
Value (US$ Million/Billion) or (Volume/Units) |
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Regional Scope |
North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
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Key Companies Profiled |
Robert Bosch GmbH, Cummins Inc, BBB Industries, Hitachi Astemo, Ltd., Mitsuba Corp., HELLA GmbH & Co. KGaA, DENSO CORPORATION, Valeo, Prestolite Electric Incorporated., Broad-Ocean Technologies and Others. |
An automotive starter is an automotive part used to turn on internal combustion engine and it is accountable for engine operation under its own power. Automotive starter can be electric, hydraulic, and pneumatic. Alternators refer to an automotive part, which is used to charge battery and power electrical system. Alternator provides power to operate vehicle's ignition, electronics, and lights, and to charge battery. It is one of the most important components in the car charging system that powers engine. Car charging system consists of three main mechanisms, a voltage regulator, an alternator, and a battery. Alternator works with battery to produce power for electrical parts of a vehicle, such as instrument panel and exterior & interior lights. Alternators generate AC power with the help of an electromagnetism mechanism, which is produced through rotor and stator relationship. Reduction in size of engines has encouraged manufacturers to develop starter motors and alternators that are in line with future trends. Different technologies such as improved starters, integrated starter generators, and direct start have been introduced. These technologies find application in micro-hybrid and hybrid vehicles. Promotion of greener vehicles fuel demand for automotive starters and alternators.
Continuous increase in investments in research and development by major market players, coupled with acquisitions and mergers, is expected to enable the global automotive starter and alternator market to flourish in the future. In addition, owing to environmental issues such as increased air pollution, increasing adoption of electric vehicles is expected to further increase demand for the automotive starter and alternator market
The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and made social distancing mandatory to contain spread of the virus. Nationwide blockades forced auto manufacturing facilities to partially or completely shut down their operations, which directly affected the automotive starter and alternator market. Due to these blockades and restrictions, decline in global car sales in 2020 has severely affected sales of global car starter and alternators. Automotive starter and alternator need to be replaced after a certain period of their life cycle and travel restrictions affect the need to replace automotive switches, which has impacted the aftermarket of automotive starter and alternators.
Some of the prominent players in the Automotive Alternator and Starter Motor Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Automotive Alternator and Starter Motor market.
By Product
By Vehicle Type
By Sales Channel
By Region
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Automotive Alternator and Starter Motor Market
5.1. COVID-19 Landscape: Automotive Alternator and Starter Motor Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Automotive Alternator and Starter Motor Market, By Product
8.1. Automotive Alternator and Starter Motor Market Revenue and Volume, by Product, 2023-2032
8.1.1 Alternator
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Starter Motor
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Automotive Alternator and Starter Motor Market, By Vehicle Type
9.1. Automotive Alternator and Starter Motor Market Revenue and Volume, by Vehicle Type, 2023-2032
9.1.1. Passenger vehicle
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Commercial Vehicle
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Off-road Vehicle
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Automotive Alternator and Starter Motor Market, By Sales Channel
10.1. Automotive Alternator and Starter Motor Market Revenue and Volume, by Sales Channel, 2023-2032
10.1.1. OEM
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Aftermarket
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Automotive Alternator and Starter Motor Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Vehicle Type (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by Sales Channel (2020-2032)
Chapter 12. Company Profiles
12.1. Robert Bosch GmbH
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Cummins Inc
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. BBB Industries
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Hitachi Astemo, Ltd.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Mitsuba Corp.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. HELLA GmbH & Co. KGaA
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. DENSO CORPORATION
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Valeo
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Prestolite Electric Incorporated.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Broad-Ocean Technologies
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers