Global Motorcycle AC Generator Market 2017-2021
About Motorcycle AC Generator
A motorcycle AC generator is used to charge the motorcycle's battery by providing a constant voltage at all engine speeds. A battery needs to be charged as it performs an essential task of starting the motorcycle and acts as a buffer. In most of the motorcycles, an AC generator is installed within a unit known as 'regulator-rectifier' within the main frame. An AC generator is mostly used to charge the battery as it turns out to be more efficient, reliable, and durable as compared with a DC generator. Most motorcycles are equipped with a multi-phase AC generator, which has the capability to charge the battery even if the engine is idle. The copper wire winding on the static part of the generator, which is located within the magnetic field, enables the AC generator to produce electrical power. In most cases, the generator comes equipped with a flywheel, which runs on a crankshaft with a couple of magnets attached to it.
Technavio’s analysts forecast the global motorcycle AC generator market to grow at a CAGR of 5.63% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global motorcycle AC generator market for 2017-2021. To calculate the market size, the report considers the include/exclude new installations/shipments/sales/volume/value and retrofit/replacement/spares/aftermarket/services market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Motorcycle AC Generator Market 2017-2021
Technavio recognizes the following companies as the key players in the global motorcycle AC generator market: Alton France, DENSO, MAHLE, and MITSUBA
Other Prominent Vendors in the market are: Robert Bosch, Delphi Automotive, and Continental.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of smart charging generators or alternators for automotive applications. The motorcycle charging system forms an essential component of a motorcycle. With the advent of technology, the AC generator used in modern motorcycles is becoming more advanced than ever. The integration of advanced safety and comfort systems in modern motorcycles require batteries that should be more powerful and energy efficient. Until now, an average AC generator with power capacity ranging from 500watts to 1KW was more than sufficient for motorcycles up to 250cc.”
According to the report, one of the major drivers for this market is Growing volume sales of motorcycles: APAC economies driving adoption rate of AC generators. The global motorcycle industry has evolved over the years with improving economic conditions and developing infrastructure, both in terms of motorcycle design and the availability of on-board technology. The growth of the automotive industry is one of the primary parameters defining the GDP of a nation, as it ranks second in the list of essentials for a consumer. Therefore, the growing volume sales of motorcycles is playing a crucial role in the country's economic development.
Further, the report states that one of the major factors hindering the growth of this market is Increasing cost pressures due to diminishing profit margins. The global OEMs are subject to heavy cost pressures everyday due to the dynamism in the regulatory environment and demanding consumer base. Environment and safety standards are pressurizing OEMs to find means to comply with regulations, while not transmitting additional costs to the consumer. Incorporating systems for controlling emissions and improving fuel efficiency are bound to increase the cost of an automobile. In addition, the OEMs need innovations in drivetrain technologies to suit lower emission standards. Dynamism in standards is further expected to affect the cost of R&D and production processes of advanced safety, comfort, and convenience systems.
Alton France, DENSO, MAHLE, MITSUBA, Robert Bosch, Delphi Automotive, and Continental.
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