Automotive starter Motor Market

Increase in worldwide auto manufacturing is driving the market growth

The market CAGR for automotive starter motor is anticipated to grow in the future due to the increase in worldwide auto manufacturing. All mobile machinery, including cars, trucks, buses, vans, motorcycles, and golf carts, is referred to as automotive. In order to power the vehicle's electrical system and charge the battery, an automotive starter motor convert electrical energy into mechanical energy, which drives machines and engines. For instance, the global vehicle output in April 2022 was 79.1 million, up 1.3% from the previous year, according to the European Automobile Manufacturers Association, an organisation with its headquarters in Europe.

As a result, the market for automotive starter motors is being driven by an increase in worldwide vehicle production.

Furthermore, the automotive starter motor market is experiencing growth as a result of technological advances. To keep up with competition, major manufacturers of vehicle starting motors and alternators are adopting cutting-edge technologies. For instance, in March 2020, Autoelectro, a remanufacturer of starters, motors, and alternators with headquarters in the UK, unveiled three new lines of starter motors with stop-start technology. Contemporary stop-start starter motors function in concert with the vehicle's engine management system.

The automobile uses stop-start technology to go into standby mode when it is at a stoplight or in a queue of traffic so it can start up rapidly when the pedal is pressed. In addition to improving fuel economy, the stop-start system also reduces emissions to assist automakers in adhering to strict regulatory rules.

Additionally, growing economies like India's give several opportunities for market participants to expand their businesses. India and other developing and developed nations are anticipated to spend more on cars due to new technology, manufacturing investment in R&D, and the creation of innovative automotive parts. Over the course of the forecast, this is expected to have a positive impact on the worldwide automotive starter motor market. However, India has emerged as the highly preferred location for the automobile sector.

Government organisations in a number of nations seek to maintain environmental sustainability through advancing the automotive sector through the use of electric and hybrid automobiles. Nevertheless, despite several initiatives, there is still a sizable market for internal combustion engine-powered cars, especially for commercial cars like those used in mining and transportation infrastructure. This points to profitable growth potential for automotive starter motors in developing economies. Thus, driving the automotive starter motor market revenue.

The Global Automotive Starter Motor Market Industry is projected to experience robust growth in the coming years. With a valuation of 0.1 USD Billion anticipated in 2024, the market is expected to expand at a CAGR of 3.88% from 2025 to 2035. This growth is driven by various factors, including technological advancements, increasing vehicle production, and the rising demand for electric vehicles. As the industry evolves, manufacturers are likely to innovate and adapt to changing consumer preferences and regulatory requirements, ensuring a dynamic and competitive market landscape.

The Global Automotive Starter Motor Market Industry is closely linked to the rising production of vehicles worldwide. As automotive manufacturers ramp up production to meet consumer demand, the need for reliable starter motors becomes paramount. In 2024, the industry is expected to be valued at 0.1 USD Billion, driven by the increasing number of vehicles on the road. This trend is anticipated to continue, with projections indicating a market growth rate of 3.88% CAGR from 2025 to 2035. The expansion of electric and hybrid vehicles also contributes to this growth, as these vehicles require specialized starter motors to support their unique operational needs.

The Global Automotive Starter Motor Market Industry is experiencing a surge in technological advancements, particularly with the integration of advanced materials and electronic components. Innovations such as brushless starter motors and improved battery technologies enhance efficiency and reliability. For instance, the adoption of lightweight materials reduces the overall weight of starter motors, contributing to better fuel efficiency in vehicles. As manufacturers strive to meet stringent emission regulations, these advancements are likely to drive market growth. The industry is projected to reach a valuation of 0.1 USD Billion in 2024, reflecting the increasing demand for high-performance starter motors.

The Global Automotive Starter Motor Market Industry is influenced by stringent emission regulations imposed by governments globally. These regulations compel automotive manufacturers to adopt cleaner technologies, which in turn drives the demand for advanced starter motors. As vehicles are required to meet lower emission standards, the need for efficient starter motors that can support these technologies becomes critical. The industry is projected to grow at a CAGR of 3.88% from 2025 to 2035, reflecting the ongoing efforts to reduce the carbon footprint of the automotive sector. This regulatory landscape encourages innovation and investment in starter motor technologies that align with environmental objectives.

The Global Automotive Starter Motor Market Industry is significantly impacted by the growing consumer focus on fuel efficiency. As fuel prices fluctuate and environmental awareness rises, consumers are increasingly seeking vehicles that offer better fuel economy. This trend drives automotive manufacturers to invest in technologies that enhance the performance of starter motors. The industry is expected to reach a valuation of 0.1 USD Billion in 2024, as manufacturers prioritize the development of lightweight and efficient starter motors. This focus on fuel efficiency not only meets consumer demands but also aligns with regulatory requirements, further propelling market growth.

The Global Automotive Starter Motor Market Industry is witnessing a notable shift towards electric vehicles (EVs), which is reshaping the demand for starter motors. As governments worldwide implement policies to promote EV adoption, the market is likely to experience significant growth. By 2035, the industry is projected to reach a valuation of 0.15 USD Billion, driven by the increasing consumer preference for sustainable transportation solutions. Starter motors designed for electric vehicles are evolving, incorporating advanced technologies that enhance performance and efficiency. This transition not only supports environmental goals but also presents opportunities for manufacturers to innovate and capture new market segments.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American automotive starter motor market area will dominate this market because of the expansion in automotive production and ongoing investment in this industry. The need for automotive starter motors is anticipated to rise with increasing car manufacturing around the world. Additionally, there is a pressing need for these vehicle components in the aforementioned locations due to the increasing demand for passenger cars brought on by improving living standards and a refinement of disposable incomes.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2 Automotive Starter Motor Market Share By Region 2022 (Usd Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe automotive starter motor market accounts for the second-largest market share. The market expansion in the region is being driven by elements including rising vehicle production and sales, rising population, rising disposable income, and rising desire for vehicle electrification. Additionally, major automakers are expanding their production facilities in Europe, which is creating new opportunities for both domestic and international vendors. Further, the German automotive starter motor market held the largest market share, and the UK automotive starter motor market was the fastest growing market in the European region

The Asia-Pacific Automotive starter motor Market is expected to grow at the fastest CAGR from 2023 to 2032 because the region's automobile industry is expanding. The market is influenced by a number of variables, including rising consumer demand for practical modes of transportation, an expanding population, and an increase in disposable income. Fast industrial development and rising economies in nations like China and India are thought to be the main factors driving this market's expansion in the Asia Pacific region.

Moreover, China’s automotive starter motor market held the largest market share, and the Indian automotive starter motor market was the fastest growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the automotive starter motor market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, automotive starter motor industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Automotive Starter Motor industry to benefit clients and increase the market sector. In recent years, the automotive starter motor industry has offered some of the most significant advantages to market.

Major players in the automotive starter motor market attempting to increase market demand by investing in research and development operations include Valeo SA (France), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Ningbo zhongwang AUTO Fittings Co.Ltd. (China), Hitachi Automotive Systems Ltd. (Japan), Mitsubishi Electric (Japan), ASIMCO Technologies Ltd. (China), Hella KGaA Hueck & Co. (Germany), BBB Industries (U.S.), Unipoint Electric MFG Co.Ltd. (Taiwan), Remy International Inc. (U.S.), Lucas Electrical Limited (U.K.), Mitsuba Corporation (Japan), BorgWarner Inc. (U.S.) and Cummins Inc. (U.S.).

Global, family-owned HELLA GmbH & Co KGaA designs and produces lighting and electronic solutions for the automotive industry. The business also creates products for speciality vehicles. Additionally, it offers diagnostics, services, and vehicle components. It offers cutting-edge electronic and lighting products to municipalities, energy providers, and construction machines manufacturers. For auto-mobile manufacturers, it produces headlamps, rear combination lamps, automobile body, and interior illumination items.

Automotive manufacturer and distributor MITSUBA Corporation produces and sells electronic parts for vehicles. The company sells a variety of products, including front and rear wiper systems, windscreen washer systems, power windows, power seat, roof, sliding door and door lock actuators, as well as lighting systems, power relay, horns, fuel tank lid openers and driving motor products. Additionally, it provides a range of services, including information processing, software development, system integration, transportation, warehousing, and business outsourcing.