Global Heavy-Duty Starters Market Size By Type (AC Type Heavy-Duty Starters, DC Type Heavy-Duty Starters), By Application (Passenger Vehicle, Commercial Vehicle), By Geographic Scope And Forecast
Report ID: 9528|No. of Pages: 202
Global Heavy-Duty Starters Market Size By Type (AC Type Heavy-Duty Starters, DC Type Heavy-Duty Starters), By Application (Passenger Vehicle, Commercial Vehicle), By Geographic Scope And Forecast
Heavy-Duty Starters Market Size And Forecast
Heavy-Duty Starters Market size was valued at USD 110.64 billion in 2024 and is projected to reach USD 163.56 billion by 2031, growing at a CAGR of 9.3% during the forecast period 2024-2031.
The rising use of Heavy-Duty Starters in Passenger vehicles, Commercial vehicles, and other industries is fueling the growth of the Heavy-Duty Starters Market across the globe. Additionally, it covers complete off-way vehicles and locomotives and provides reliability, durability, and electrically soft start for vehicles which are some of the key features driving this market. The Global Heavy-Duty Starters Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Heavy-Duty Starters Market Definition
A Heavy-Duty starter is basically a starter that is used to rotate an internal combustion engine which consists of a powerful electric motor that engages with the flywheel so as to generate the engine’s operation under its own power. Heavy-duty starters are specifically designed for heavy-duty and off-road vehicles in all conditions and environments. These starters are engineered to perfection. Heavy-Duty starter helps to protect the starter from any kind of system problems such as over-cranking, low battery capacity, voltage spikes, high-starting circuit resistance, or operator misuse. The heavy-duty starter in the market has a compact, lightweight design that makes installation easier and reduces overall weight. In addition, the starter features a high torque rating for increased starting power and cold start ability.
In Heavy-duty starters improved design is based on start/stop technology where starter motor service life involves a greatly increased number of starting operations. These starter motors have a heavy-duty optimized design that allows them to withstand more frequent starting cycles in the most adverse conditions. It has features like reinforced high-stressed bearing points, an improved heavy-duty planetary gear unit, a durable commutator for longer service life, oversized permanent magnets, optimized brushes, and brush holder, heavy-duty pinion gear with maximized tooth count, improved drive end with needle bearings instead of copper bushings, and so on.
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Global Heavy-Duty Starters Market Overview
The rising use of Heavy-Duty Starters in Passenger vehicles, Commercial vehicles, and other industries is fueling the growth of the Heavy-Duty Starters Market across the globe. Heavy-duty starters offer premium quality and innovative solutions for the latest vehicle designs. In the aftermarket, dealers, warehouse distributors, and fleets around the world depend on starters to deliver superior cranking power and durability. Heavy Duty Starter is easier to install and operates better in extreme conditions.
The starter has a completely enclosed structure for water and dustproof, enhanced safety features such as a fusible connecting wire to avoid critical failure mode, and a smaller and lighter design with a high internal gear reduction ratio. Thus, there is an emerging demand for this market. Additionally, it covers complete off-way vehicles and locomotives and provides reliability, durability, and electrically soft start for vehicles which are some of the key features driving this market. Furthermore, increased passenger and commercial vehicle production offer a lucrative growth opportunity for the Global Heavy-Duty Starters Market.
Global Heavy-Duty Starters Market: Segmentation Analysis
The Global Heavy-Duty Starters Market is Segmented on the basis of Type, Application, And Geography.
Heavy-Duty Starters Market, By Type
- AC Type Heavy-Duty Starters
- DC Type Heavy-Duty Starters
Based on Type, The market is segmented into AC Type Heavy-Duty Starters and DC Type Heavy-Duty Starters. With the biggest market share, the AC Type Heavy-Duty Starters segment is expected to grow substantially and dominate the global market over the forecast period.
Heavy-Duty Starters Market, By Application
- Passenger Vehicle
- Commercial Vehicle
Based on Application, The market is segmented into Passenger Vehicle and Commercial Vehicle. In the global market, the Passenger Vehicle segment has the highest market share and is expected to increase at a rapid rate over the forecast period.
Heavy-Duty Starters Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Regional Analysis, The Global Heavy-Duty Starters Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The regions of North America and Europe currently hold the highest market share and are expected to continue to grow and dominate the Global Heavy-Duty Starters Market throughout the forecast period.
Key Players
The “Global Heavy-Duty Starters Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Delco Remy, Remy, NIKKO, Bosch, Siemens, and B&C Truck Electrical.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In February 2020: BorgWarner announced that its Delco Remy 38MT+ and 39MT heavy-duty gear reduction starters now feature a combined Smart IMS (integrated magnetic switch) and integrated over crank protection (IOCP) and that the combination will soon be available as a factory option on new truck orders from a major commercial vehicle manufacturer.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Delco Remy, Remy, NIKKO, Bosch, Siemens, B&C Truck Electrical. |
| SEGMENTS COVERED |
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| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL HEAVY-DUTY STARTERS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL HEAVY-DUTY STARTERS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL HEAVY-DUTY STARTERS MARKET, BY TYPE
5.1 Overview
5.2 AC Type Heavy-Duty Starters
5.3 DC Type Heavy-Duty Starters
6 GLOBAL HEAVY-DUTY STARTERS MARKET, BY APPLICATION
6.1 Overview
6.2 Passenger Vehicle
6.3 Commercial Vehicle
7 GLOBAL HEAVY-DUTY STARTERS MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East and Africa
8 GLOBAL HEAVY-DUTY STARTERS MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Delco Remy
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Remy
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 NIKKO
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Bosch
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Siemens
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 B&C Truck Electrical
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
10 KEY DEVELOPMENTS
10.1 Product Launches/Developments
10.2 Mergers and Acquisitions
10.3 Business Expansions
10.4 Partnerships and Collaborations
11 Appendix
11.1 Related Research
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
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- Raw material scenario and supply v/s price trends
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
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- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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