Market research reports, consulting: Global Market Insights Inc.

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Automotive Start-Stop System Market Trends

Report ID: GMI11021 Published Date: August 2024Report Format: PDF
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Automotive Start-Stop System Market Trends

Technological advancements in components and control systems have enhanced the performance and reliability of start-stop technology. Improved starter motors, advanced batteries such as absorbent glass mat (AGM) and lithium-ion, and refined control algorithms contribute to more seamless and efficient engine restarts. These advancements reduce the wear and tear on critical components, addressing previous concerns about durability and system performance. OEMs often establish strategic partnerships with manufacturers to ensure the integration of high-quality sensors into their vehicles.

For instance, in March 2024, General Motors announced a partnership with Bosch to develop and supply advanced sensors for its next generation of vehicles. This partnership aims to leverage Bosch’s expertise in sensor technology to enhance GM’s vehicle performance & reliability. This partnership helps OEMs to streamline their supply chains, improve vehicle performance, and meet regulatory standards. Additionally, integration with other vehicle technologies, such as hybrid powertrains and advanced driver assistance systems (ADAS), further enhances the effectiveness of start-stop systems. As these technologies evolve, they become more cost-effective and appealing to both manufacturers and consumers.

Author: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :

How much is the automotive start-stop system industry worth? +

The market size of automotive start-stop system reached USD 37.8 billion in 2023 and is set to grow at over 11% CAGR between 2024 and 2032, led by increasing fuel efficiency and growing vehicle production.

Why is the demand for passenger automotive start-stop systems rising?+

The passenger segment held over 70% share in 2023, driven by the increasing emphasis on fuel efficiency and environmental sustainability.

Why is the automotive start-stop system industry growing in Asia Pacific?+

Asia Pacific market accounted for 30% share in 2023, propelled by rapid urbanization and increasing traffic congestion.

Who are the major automotive start-stop system market players?+

Borgwarner Inc, Continental AG, Denso Corporation, Hitachi Ltd, Johnson Controls Inc., Mitsubishi Electric Corporation, and Robert Bosch among others.

Automotive Start-Stop System Market Scope

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