IMARC Group, a leading market research company, has recently releases report titled “Automotive Start-Stop System: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global automotive start-stop system market share, trends, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the automotive start-stop system market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 67.64 Billion |
| Market Forecast in 2028 | US$ 98.36 Billion |
| Growth rate (2023 to 2028) | CAGR of 6.12% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is Automotive Start-Stop System?
Automotive start-stop system refers to a technological feature that turns off the engine automatically when the vehicle is stationary and then restarts it when needed. It consists of various components, such as batteries, sensors, control modules, starter motors, transmission systems, etc. Automotive start-stop system variants help to enhance the efficiency of modern cars, reduce fuel consumption by turning off the engine when the vehicle is idling, lower emissions of harmful pollutants, including carbon dioxide and nitrogen oxides, and improve overall efficiency. Consequently, they are extensively integrated into motorcycles, light commercial vehicles, passenger cars, and heavy commercial vehicles across the globe.
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Automotive Start-Stop System Market Trends:
The increasing air pollution levels and the growing concerns about reducing vehicular emissions for improving air quality are primarily driving the automotive start-stop system market. Moreover, the introduction of advanced products that offer improved reliability, efficiency, and user-friendliness is further catalyzing the market. Besides this, the escalating awareness about excess fuel consumption and global warming is also driving the widespread utilization of these systems. Additionally, the market is positively influenced by the launch of modern start-stop systems incorporated with superior control algorithms that monitor several vehicle parameters such as engine temperature, battery voltage, and driver inputs for facilitating engine operation. Furthermore, the elevating research and development (R&D) activities across countries, the inflating consumer spending power, the robust growth in the automotive industry, the shifting preferences toward fuel-efficient vehicles, and the implementation of stringent initiatives by government bodies aimed at controlling greenhouse gas emissions (GHG) are expected to propel the automotive start-stop system market in the coming years.
Who are the key players operating in the industry?
The report covers the major market players including:
- Continental AG
- Denso Corporation
- Hitachi Astemo Ltd. (Hitachi Ltd.)
- Maxwell Technologies Inc. (UCAP Power Inc.)
- Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
- Schaeffler Technologies AG & Co. KG
- Valeo
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component:
- Engine Control Unit
- 12V DC Converter
- Battery
- Neutral Position Sensor
- Wheel Speed Sensor
- Crankshaft Sensor
- Alternator
Breakup by Fuel Type:
- Gasoline
- Diesel
- CNG
- Electric
Breakup by Vehicle Type:
- Motorcycles
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Breakup by Distribution Channel:
- Original Equipment Manufacturer (OEM)
- Aftermarket
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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