Automotive Starter Motor market research and analysis focus on rising market drifts to assist businesses find market opportunities and develop effective ways to optimise their market positions. Report contains complete coverage, intensive analysis, and actionable market insights to spot opportunities in existing and potential markets. Report can be used by both established as well as new entrants to live competitive positions in dynamic market situations. Industry experts project Automotive Starter Motor market to grow at a CAGR of 4.13% during the period 2017-2021.
A car engine is turned on at a high speed to suck in air and fuel into the combustion chamber for compression. The starter motor comprises a pinion on its shaft, which is fixed to the larger sun gear ring on the flywheel. The starter motor provides rotatory motion and cranks, and provides ignition to the engine.
Firstly, the Automotive Starter Motor market research report provides a basic overview of the industry including definitions, market status and industry chain structure. The Automotive Starter Motor market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. What’s more, the Automotive Starter Motor industry development trends and growth patterns are analyzed.
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Automotive Starter Motor market potential is analysed for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Automotive Starter Motor industry. To determine the Automotive Starter Motor market size the report considers the sales of starter motors in passenger cars, light commercial vehicles (LCVs), and medium and heavy commercial vehicles (M&HCVs). Further the Automotive Starter Motor market report focuses on global major leading industry players with information. Report contains vendor landscape in addition to a SWOT analysis of the key vendors operating in Automotive Starter Motor market space like BorgWarner, Product portfolio, DENSO, Continental, Valeo and many more.
Automotive Starter Motor Market Drivers, Challenges and Trends: –
Automotive Starter Motor Market Driver: – one of the major drivers for this market is growing preference for M&HCVs for transporting freight. There is a growing preference for road transportation in emerging countries such as China and India. The subsequent increase in the use of heavy, medium, and light-duty vehicles is likely to experience less share of rail being used for freight transport. In China, traffic jams are caused due to large heavy-duty trucks transporting goods from inner Mongolia to Beijing. One of the main reasons that road transport is opted for transporting cargo is the limited number of rail freight services within the country. The lack of sufficient freight services is causing companies to choose roadways as a reliable mode of transportation of their products.
Automotive Starter Motor Market Challenge: – one of the major factors hindering the growth of this market is growing number of on-demand taxi operators. In China, there are about 203 million people with car licenses, who do not own cars. This segment depends on public transportation or car rentals. However, the number of people opting for on-demand taxi operators are increasing due to government restrictions regarding owning a private car, lack of parking space for a self-drive rental car, and aggressive discount offers given by on-demand taxi operators to capture more customers.
Automotive Starter Motor Market trend: – The latest trend gaining momentum in the market is growing penetration of start-stop systems in emerging economies. There is an increasing penetration of start-stop systems in emerging economies such as China and India. In India, start-stop systems are used in Maruti Ciaz and Mahindra Scorpio. Maruti Ciaz launched its new SHVS hybrid version in 2015, and it was a compelling buy due to the reduced excise duty levied on Ciaz under the National Electric Mobility Mission Plan (NEMMP) and Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) schemes of the Indian government
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Market segmentation by vehicle type:- in passenger cars, in LCVs, in M&HCVs ; Geographic Segmentation: – Americas, APAC, EMEA
In the next part of Automotive Starter Motor market research report, development policies and plans are discussed. This report also states growing domain, production and revenue by regions. The Automotive Starter Motor Market forecast to 2021 Considering Market Size, Sales, Revenue, Growth rate, Price and Trends for Regions, Types and Applications is also provided.