Industrial, Manufacturing & Heavy Industry Market News

alternator market expected to touch US$ 3,126.7 mn by 2020 according to new research report

Industrial Market Research

Automotive starter motor and alternator market has witnessed considerable growth in emerging nations such as China, India, and Mexico, following an increasing in vehicle electrification and increasing vehicle production.

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The key players in the Alternator Market includeRobert Bosch GmbH (Germany), Denso Corporation (U.S.), Valeo S.A. (France), Hitachi Automotive (Japan), Lucas Electrical (U.K.), Mitsubishi Corporation (Japan), Hella KGaA Hueck & Co., (Germany), Motor Corporation of America (U.S.), Control Power Technology (U.K), and Mitsuba Corporation (Japan).

Asia-Oceania is estimated to grow at a highest CAGR of 6.36%. China is the major market for starter motor and alternator in Asia-Oceania region.

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Factors such as growing sales of cars, which is in turn driven by rise in disposable income of the consumers, improving economy, and increasing industrialization have fueled the demand for vehicles. Rising development of advance technologies and their adoption on large scale has fueled the growth of the market in the country.

The market for alternators in China is estimated to grow at a CAGR of 7.90% and is expected to reach USD 3,126.7 million by 2020, while the market for starter motor is projected to grow to USD 3,049.1 million by 2020, at a CAGR of 7.74%.

 Complete Report of Alternator Market by Product (Starter Motor & Alternator), Technology (BAS, Enhanced Starter, Direct Start, ISG), Power Output (1.0-3.0KW,3.0-5.0KW,>5.0KW), Type (Electric, Gear Reduction), Vehicle Type (ICE, Micro-Hybrid, Hybrid), & by Region - Forecast to 2020  

Target Audience:

  • Raw material suppliers for automotive starter motor and alternator systems
  • Manufacturers of automotive starter motor and alternator systems
  • Dealers and distributors of automotive starter motor and alternator systems
  • Industry associations

This report classifies and defines the global automotive starter motor and alternator market size, in terms of volume and value. Market size, in terms of volume, has been provided in thousand units from 2013 to 2020, while the market size by value is provided in terms of USD million.

This report also segments the automotive starter motor and alternator market into major region (North America, Asia-Oceania, Europe, and RoW). Key players in the automotive starter motor and alternator market have also been identified and profiled.

The report also provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the global automotive starter motor and alternator market. Apart from analyzing the quantitative aspects of these markets, the report also covers qualitative aspects, such as value chain analysis, and Porter’s five force analysis for the global automotive starter motor and alternator market.

Report at

Key Drivers for automotive starter motor and alternator market include increasing involvement of electrical and electronics component in vehicle, which demands more power and increasing vehicle production, is another factor directly driving the demand for starter motor and alternator. However, increasing demand for electrical vehicles has been posing a serious restraint on the growth of this market.

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