The global demand for Automotive Start-Stop System Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX K Units in 2021 and foreseen to touch XX K Units by 2028 with a CAGR of XX% during 2022-2028.
Start-Stop System is a control unit used in modern vehicles to stop or restart the engine automatically in situations involving engine idling. This system is incorporated in recent times to reduce fuel consumption and control emissions. The functioning of this system is handled by sensors, electronic assistant, and a software application accommodated inside the vehicle. A start-stop system is reliant on the battery fitted in a car and can be disabled if not needed. To withstand the stress associated, this system is designed with high-quality reinforcement and long life. This system provides both economic and ecological benefits.
Market Dynamics
Enhanced fuel efficiency and ecological friendliness will be the main drivers for the growth of the start-stop system market. Strict regulations laid down by the government in controlling emissions and regarding fuel efficiency standards will boost market growth. Introduction of this system in lightweight vehicles like motorcycles will greatly benefit the market. The automotive industry has nearly come to a standstill because of the COVID-19 pandemic but the demand will slowly pick up due to rapid urbanisation of the global economy. The high costs involved in accommodating this system to the already existing electric circuit inside a car will be the main factor hampering the growth of this market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of automotive start-stop system.
Market Segmentation
The entire automotive start-stop system market has been sub-categorized into technologies. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Technologies
- Belt-Driven Alternator Starter (BAS)
- Enhanced Starter
- Direct Starter
- Integrated Starter Generator (ISG)
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for automotive start-stop system market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Automotive Start-Stop System Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive start-stop system market include Controlled Power Technologies Ltd., Delphi Automotive Plc, Denso Corporation, Borgwarner Inc., Robert Bosch GmbH, Johnson Controls International Plc, Mitsubishi Electric Corporation, Valeo SA. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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