Automotive Start-Stop System Market Size: Key Player and Analysis Report, In-Depth Study, Future Growth, Share, New Investments
The global automotive start-stop system market size was USD 31.61 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.4% during the forecast period. Changing consumer preference for sustainable living and using eco-friendly modes of transportation, rising occurrence of road accidents, and increasing air pollution are key factors driving market revenue growth. The start-stop technology assists in turning off the engine when vehicle is idling, such as when halted at a stop sign or in slow-moving traffic, decreasing pollution by stopping the engine from wasting fuel needlessly. The start-stop system of vehicle automatically shuts down and restarts the Internal Combustion (IC) engine to reduce the length of time engine is left idling. Utilizing the start-stop mechanism can cut Carbon Dioxide (CO2) emissions by 4$-8% while also reducing fuel usage and emissions. In addition, increasing health consciousness and rising concerns about lowering air pollution and emissions and improving air quality are other key factors driving market revenue growth. Need for such systems is increasing due to widespread use of start-stop systems in cars, which increase fuel efficiency and cost effectiveness, and lower the amount of fuel used.
The global Automotive Start-Stop System Market report published by Emergen Research assesses the Automotive Start-Stop System market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Automotive Start-Stop System market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Automotive Start-Stop System market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Hitachi, Ltd., SEG Automotive Germany GmbH, Robert Bosch GmbH, Yamaha Motor Co., Ltd., AB Volvo, Continental AG, Denso Corporation, Maxwell Technologies, BorgWarner Inc., and Phinia Inc
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Emergen Research has segmented the global Automotive Start-Stop System market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Component Type Outlook (Revenue, USD Billion; 2019-2032) Engine Control Unit 12V Direct Current (DC) Converter Battery Neutral Position Sensor Wheel Speed Sensor Crankshaft Sensor Alternator Vehicle Type Outlook (Revenue, USD Billion; 2019-2032) Passenger Cars Light Commercial Vehicles (LCVs) Heavy Commercial Vehicles (HCVs) Fuel Type Outlook (Revenue, USD Billion; 2019-2032) Gasoline Diesel CNG Electric The various regions analyzed in the report include:
North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) Key Objectives of the Report:
Analysis and estimation of the Automotive Start-Stop System Market size and share for the projected period of 2022-2030 Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Automotive Start-Stop System Market Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/2366
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