The global automotive start-stop system market size was USD 31.61 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.4% during the forecast period. Changing consumer preference for sustainable living and using eco-friendly modes of transportation, rising occurrence of road accidents, and increasing air pollution are key factors driving market revenue growth. The start-stop technology assists in turning off the engine when vehicle is idling, such as when halted at a stop sign or in slow-moving traffic, decreasing pollution by stopping the engine from wasting fuel needlessly. The start-stop system of vehicle automatically shuts down and restarts the Internal Combustion (IC) engine to reduce the length of time engine is left idling. Utilizing the start-stop mechanism can cut Carbon Dioxide (CO2) emissions by 4$-8% while also reducing fuel usage and emissions. In addition, increasing health consciousness and rising concerns about lowering air pollution and emissions and improving air quality are other key factors driving market revenue growth. Need for such systems is increasing due to widespread use of start-stop systems in cars, which increase fuel efficiency and cost effectiveness, and lower the amount of fuel used.
The research methodologies used for evaluating the Automotive Start-Stop System market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility. The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.
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Competitive Terrain:
The global Automotive Start-Stop System industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Hitachi, Ltd., SEG Automotive Germany GmbH, Robert Bosch GmbH, Yamaha Motor Co., Ltd., AB Volvo, Continental AG, Denso Corporation, Maxwell Technologies, BorgWarner Inc., and Phinia Inc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Automotive Start-Stop System market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Automotive Start-Stop System market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Automotive Start-Stop System market.
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Market Segmentations of the Automotive Start-Stop System Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Automotive Start-Stop System market on the basis of product, application, and region:
Segments Covered in this report are:
Component Type Outlook (Revenue, USD Billion; 2019-2032)
- Engine Control Unit
- 12V Direct Current (DC) Converter
- Battery
- Neutral Position Sensor
- Wheel Speed Sensor
- Crankshaft Sensor
- Alternator
Vehicle Type Outlook (Revenue, USD Billion; 2019-2032)
- Passenger Cars
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
Fuel Type Outlook (Revenue, USD Billion; 2019-2032)
- Gasoline
- Diesel
- CNG
- Electric
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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