Global Automotive Starter And Alternator Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Starter Type;

Electric, Hydraulic and Pneumatic.

By Vehicles;

Light Commercial Vehicles, Heavy Commercial Vehicles and Passenger Cars.

By Alternators;

Claw pole alternator and Cylindrical alternator.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn568978198 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive Starter And Alternator Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Starter And Alternator Market was valued at USD 29,744.25 million. The size of this market is expected to increase to USD 39,141.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global automotive starter and alternator market is a critical component of the automotive industry, serving essential functions in vehicle operation. Starters and alternators are indispensable for starting internal combustion engines and generating electricity to power various electrical systems in vehicles. The market for these components is driven by the increasing production of automobiles worldwide, coupled with technological advancements aimed at improving efficiency and reliability.

In recent years, there has been a notable shift towards the adoption of advanced starter and alternator technologies that offer better performance, durability, and energy efficiency. Manufacturers are focusing on developing lightweight materials and compact designs to meet stringent regulatory standards for fuel efficiency and emissions. Additionally, the growing demand for hybrid and electric vehicles has spurred innovation in alternator technology to support the unique power requirements of these vehicles.

Geographically, Asia Pacific has emerged as a dominant region in the automotive starter and alternator market, driven by the rapid expansion of the automotive industry in countries like China and India. These nations not only serve as major manufacturing hubs but also exhibit robust growth in automobile sales. North America and Europe continue to be significant markets due to the presence of leading automotive manufacturers and technological advancements in the region.

The automotive starter and alternator market is poised for further growth with the increasing integration of advanced electronics and electrical systems in vehicles. The emphasis on reducing carbon footprints and enhancing vehicle efficiency will continue to drive innovation in starter and alternator technologies. Moreover, the shift towards electric vehicles and the development of next-generation automotive platforms are expected to create new opportunities and challenges for market players in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Starter Type
    2. Market Snapshot, By Vehicles
    3. Market Snapshot, By Alternators
    4. Market Snapshot, By Region
  4. Global Automotive Starter And Alternator Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Vehicle electrification
        2. Growing automotive production
        3. Increasing demand for fuel efficiency
        4. Technological advancements in starters
      2. Restraints
        1. High initial installation costs
        2. Environmental regulations on emissions
        3. Competition from electric vehicles
        4. Complexity in automotive electrical systems
      3. Opportunities
        1. Development of hybrid vehicles
        2. Expansion in emerging markets
        3. Integration of smart starters
        4. Innovations in lightweight alternators
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Starter And Alternator Market, By Starter Type, 2021 - 2031 (USD Million)
      1. Electric
      2. Hydraulic
      3. Pneumatic
    2. Global Automotive Starter And Alternator Market, By Vehicles, 2021 - 2031 (USD Million)
      1. light commercial vehicles
      2. heavy commercial vehicles
      3. passenger cars
    3. Global Automotive Starter And Alternator Market, By Alternators, 2021 - 2031 (USD Million)
      1. Claw pole alternator
      2. Cylindrical alternator
    4. Global Automotive Starter And Alternator Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bosch
      2. Denso Corporation
      3. Valeo
      4. Mitsubishi Electric Corporation
      5. Hitachi Automotive Systems
      6. Lucas Electrical
      7. Hella KGaA Hueck & Co
      8. Remy International
      9. Mitsuba Corporation
      10. ASIMCO Technologies
  7. Analyst Views
  8. Future Outlook of the Market