Global Engine Starter Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 3.6 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
The Global engine starter market has witnessed significant growth in recent years due to the increasing demand for vehicles and machinery across various industries. As the automotive sector continues to expand, engine starters play a crucial role in enhancing vehicle performance and reliability. The market size has been bolstered by innovations in starter technologies, such as the development of brushless starters and enhanced materials that improve energy efficiency and durability. Additionally, the rising adoption of electric vehicles (EVs) is influencing the demand for more advanced, efficient, and environmentally-friendly starters, further driving market expansion. The growing preference for fuel-efficient and high-performance vehicles is expected to continue fueling this market's growth in the coming years, with an increased emphasis on the integration of intelligent and automated systems in automotive and industrial applications.
Market trends indicate a shift toward smart engine starters with advanced features like remote starting, automatic stop-start systems, and better power management systems. These innovations are expected to revolutionize vehicle design and consumer preferences, contributing to the adoption of next-generation starters. Furthermore, the Global shift toward sustainable energy solutions, such as electric and hybrid vehicles, presents new growth opportunities for manufacturers of engine starters. The increased demand for fuel-efficient systems and reduced emissions are leading to innovations in starter motor designs, making them lighter, more compact, and more efficient. As emerging markets invest heavily in infrastructure development and vehicle production, the engine starter market is poised for substantial expansion, with an increasing focus on low-maintenance, high-performance systems that meet the growing demands of consumers worldwide.
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Remy International
Inc
ABB
Prestolite Electric Incorporation
Ford
Bosch
SIEMENS
Denso Corporation
Rockwell Automation
Nikko
Valeo
Magenton
WEG
Johnson Electric
Taylor Dynamometer
Air Starter Component
BBB Industries
Inc.
Franklin Electric
Mahle
Schneider Electric
WEB
Allied Power and Control
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Gloabl Engine Starter Market
Electrical Starters
Manual Starters
Pneumatic Starters
Hydraulic Starters
Automotive
Aerospace
Marine
Industrial Equipment
Conventional Technology
Smart Engine Start Systems
Start-Stop Systems
Advanced Battery Management Systems
Automotive Industry
Aerospace and Defense
Heavy Machinery
Consumer Electronics
Battery-Powered
Diesel Generators
Petrol Engines
Renewable Sources
US (Global, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Gloabl Engine Starter Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Gloabl Engine Starter Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl Engine Starter Market, By Type
6. Gloabl Engine Starter Market, By Application
7. Gloabl Engine Starter Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Gloabl Engine Starter Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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