Menu ×

AUTOMOTIVE & TRANSPORTATION

Automotive Start-Stop System Market Analysis by Component (Engine Control Unit, 12V DC Converter, Battery, Neutral Position Sensor, Wheel Speed Sensor, Crankshaft Sensor, and Alternator); by Vehicle Type (Motorcycles, Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles); by Fuel Type (Gasoline, Diesel, CNG, and Electric); and by Distribution Channel {Original Equipment Manufacturer (OEM), Aftermarket} – Global Supply & Demand Analysis & Opportunity Outlook 2023-2033

  • Text Size:

Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

Request Insights

Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

Read More

IN THE NEWS

  • announced the global launch of RoadPak semiconductors that are designed to operate faultlessly for more than four million start-stop cycles over the vehicle’s lifetime.

  • SEG Automotive Germany GmbH - disclosed its future plans in India while introducing the SC60 Start/Stop starter motor for modern gasoline and diesel engines.

Global Automotive Start-Stop System Market Size, Forecast, and Trend Highlights Over 2023 - 2033

Base Year

2022

Forecast Year

2023-2033

CAGR

~12%

Base Year Market Size (2022)

 ~ USD 22 Billion

Forecast Year Market Size (2033)

~ USD 61 Billion

 

The global automotive start-stop system market is estimated to garner a revenue of ~USD 61 billion by the end of 2033 by growing at a CAGR of ~12% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of ~USD 22 billion in the year 2022. The growth of the market can primarily be attributed to the rising serious environmental impact of engine idling along with growing concern about the rising incidences of air pollution worldwide. For instance, it was found that air pollution is responsible for more than 4 million deaths each year.

main image

                                         Get more information on this report:Download Sample PDF

The automotive start-stop system shuts down and restarts the internal combustion engine automatically to reduce the amount of time the engine spends idling, thereby reducing fuel consumption and emissions. It is useful for vehicles that spend significant amounts of time waiting at traffic lights or frequently come to a stop in traffic jams. With the rising number of vehicles as well as surging production, the demand for automotive start-stop systems is on the rise amongst automobile manufacturers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global automotive start-stop system market during the forecast period. For instance, global motor vehicle production grew by 3% in 2021.

Global Automotive Start-Stop System Market: Growth Drivers and Challenges

Growth Drivers

  • Growing Carbon Dioxide (CO2) Emissions – start-stop technology is becoming crucial for the transport sector with more stringent government fuel economy and emissions regulations. The rising CO2 emission is expected to boost the automotive start-stop system market in the forecasted period. For instance, it was found that the global carbon dioxide (CO2) emissions from transport summed up to ~8 billion tons in 2018.
  • Rising Urban Mobilityfor instance, in 2019 it was found that ~70% of Europe’s population lived in urban areas, which is estimated to be about 80% by 2050.
  • Increasing Demand for High-Efficiency Engines – and lightweight components enabled by advanced materials, as it is expected that one-quarter of the United States fleet could save over 5 billion gallons of fuel annually by 2030.
  • Increasing Sales of Motorcyclesfor instance, in India the sales of two-wheelers reached an all-time high in 2019, selling around 21 million units.

Challenges

  • Inefficiencies of the Start-Stop Technology
  • Huge Requirement of Capital for Research & Development
  • Lack of Awareness Amongst Automobile Users about the Benefits of Automotive Start-Stop System

The global automotive start-stop system market is segmented and analyzed for demand and supply by vehicle type into motorcycles, passenger cars, light commercial vehicles, and heavy commercial vehicles. Amongst these segments, the heavy commercial vehicles segment is anticipated to garner the largest revenue by the end of 2033, backed by the growing number of heavy vehicles such as trucks and trailers along with the surge in the cost of idle fuel waste worldwide. For instance, it is estimated that in the span of a year, a long-haul truck could idle for nearly 1,800 hours, using around 1,500 gallons of diesel, which as of June 2022, is over USD 5.5 per gallon in the United States.

Global Automotive Start-Stop System Market Regional Synopsis

Regionally, the global automotive start-stop system market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Europe is projected to hold the largest market share by the end of 2033, backed by the presence of a strong mobility network in the region, a growing number of vehicles, as well as rising awareness amongst the vehicle users for the net zero emissions by 2050 scenario. For instance, as per 2022 data, nearly 60% of all new passenger cars sold in the European Union emit under 130 grams of CO2 per kilometer.

market region

                           Get more information on this report:Download Sample PDF

The global automotive start-stop system market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global automotive start-stop system market includes the following segments:

          By Component

  • Engine Control Unit
  • 12V DC Converter
  • Battery
  • Neutral Position Sensor
  • Wheel Speed Sensor
  • Crankshaft Sensor
  • Alternator

         By Vehicle Type

  • Motorcycles
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

        By Fuel Type

  • Gasoline
  • Diesel
  • CNG
  • Electric

       By Distribution Channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket
 

Top Featured Companies Dominating the Global Automotive Start-Stop System Market

  • Hitachi Ltd.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • SEG Automotive Germany GmbH.
  • Robert Bosch GmbH
  • Yamaha Motor Co. Ltd.
  • Volvo Cars Corporation
  • Continental AG
  • Denso Corporation
  • Maxwell Technologies, Inc.
  • BorgWarner Inc.
  • Valeo
  • Perkins Engines Company Limited

FREQUENTLY ASKED QUESTIONS


Related Reports


Disclaimer | Privacy Policy | Terms & Conditions | LOB

Copyright © 2022 Research Nester. All Rights Reserved