Global Automotive Alternator and Starter Motor Market Growth 2025-2031

The global Automotive Alternator and Starter Motor market size is predicted to grow from US$ 35160 million in 2025 to US$ 44310 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.

An automotive alternator is used in advanced automobiles to charge the battery and supply power to the vehicle"s electrical system when the engine runs. The most popular misunderstanding is that the battery powers every electrical device in the car, including the windscreen wipers, headlights, and radio. Most of the electricity in a car is actually generated by an alternator.

The battery"s principal functions are to start the engine and further provide power when it isn"t running. On the other hand, a starter motor turns the engine through the ignition and permits the rest of the process. Starter motors are ultimately used to protect the motor from overload and short circuit faults and to reduce the starting current while maintaining the motor"s starting speed.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Alternator and Starter Motor Industry Forecast” looks at past sales and reviews total world Automotive Alternator and Starter Motor sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Alternator and Starter Motor sales for 2025 through 2031. With Automotive Alternator and Starter Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Alternator and Starter Motor industry.

This Insight Report provides a comprehensive analysis of the global Automotive Alternator and Starter Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Alternator and Starter Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Alternator and Starter Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Alternator and Starter Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Alternator and Starter Motor.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Alternator and Starter Motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Alternator

Starter Motor

Segmentation by Application:

Passenger vehicle

Commercial Vehicle

Off-road Vehicle

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

ASIMCO Technologies

Citigroup

Cummins Inc

BBB Industries

Broad-Ocean Technologies

BorgWarner

Denso CORPORATION

Hella GmbH & Co. KGaA

Hitachi Astemo, Ltd.

Mitsuba Corp.

Mitsubishi Electric

Ningbo zhongwang AUTO Fittings

Prestolite Electric Incorporated.

Robert Bosch GmbH

Unipoint

Valeo

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Alternator and Starter Motor market?

What factors are driving Automotive Alternator and Starter Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Alternator and Starter Motor market opportunities vary by end market size?

How does Automotive Alternator and Starter Motor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.