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

By Starter Motor Type;

Electric, Pneumatic, Hydraulic, and Others.

By Alternator Type;

Claw Pole Alternator, and Cylindrical Alternator.

By Sales Channel;

OEM, and Aftermarket.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn578329299 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Automotive Starter Motor and Alternator Market was valued at USD 34,051.83 million. The size of this market is expected to increase to USD 46,651.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The global automotive starter motor and alternator market is a crucial sector within the automotive industry, playing a fundamental role in the operation of vehicles worldwide. Starter motors and alternators are essential components responsible for starting the engine and generating electricity to power various vehicle systems, respectively. As the automotive industry evolves with advancements in technology and environmental considerations, the market for starter motors and alternators continues to undergo significant transformations.

There has been a notable shift towards more efficient and eco-friendly solutions in the automotive sector. This trend has influenced the development of starter motors and alternators, prompting manufacturers to innovate and introduce products that are not only more energy-efficient but also aligned with stringent emission regulations. The demand for electric vehicles (EVs) and hybrid vehicles has further propelled research and development in this market segment, as these vehicles require sophisticated electrical systems to operate effectively.

The global automotive starter motor and alternator market is witnessing increasing integration of advanced technologies such as start-stop systems and regenerative braking. These technologies enhance fuel efficiency by automatically shutting down the engine when the vehicle is stationary and recovering kinetic energy during braking, respectively. Such innovations are driving the demand for more robust and reliable starter motors and alternators capable of supporting these functionalities.

From a geographical perspective, regions like Asia-Pacific and Europe are significant contributors to the automotive starter motor and alternator market due to their large automotive manufacturing bases and increasing adoption of electric and hybrid vehicles. North America also plays a crucial role, driven by technological advancements and stringent emission standards. These regional dynamics underscore the global nature of the automotive starter motor and alternator market, where manufacturers must navigate diverse regulatory environments and consumer preferences.

  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 Motor Type
    2. Market Snapshot, By Alternator Type
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Global Automotive Starter Motor and Alternator Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Vehicle electrification
        2. Demand for fuel efficiency
        3. Increasing automotive production rates
        4. Growth in hybrid and electric vehicles
      2. Restraints
        1. High initial costs
        2. Market saturation in developed regions
        3. Complexity in component integration
        4. Environmental regulations and compliance
      3. Opportunities
        1. Advancements in starter motor technology
        2. Emerging markets expansion
        3. Shift towards electric vehicles (EVs)
        4. Development of lightweight materials
    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 Motor and Alternator Market, By Starter Motor Type, 2021 - 2031 (USD Million)
      1. Electric
      2. Pneumatic
      3. Hydraulic
      4. Others
    2. Global Automotive Starter Motor and Alternator Market, By Alternator Type, 2021 - 2031 (USD Million)
      1. Claw Pole Alternator
      2. Cylindrical Alternator
    3. Global Automotive Starter Motor and Alternator Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    4. Global Automotive Starter Motor 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. Mitsuba Corporation
      8. Hella KGaA Hueck & Co
      9. Prestolite Electric
      10. Remy International
  7. Analyst Views
  8. Future Outlook of the Market