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Automotive Starter Motor Market Size
- Report ID: GMI12509
- Published Date: Dec 2024
- Report Format: PDF
Automotive Starter Motor Market Size
The global automotive starter motor market was valued at USD 24.3 billion in 2024 and is projected to grow at a CAGR of 8.9% between 2025 and 2034.
The increasing demand for vehicles, including passenger cars, commercial vehicles, and two-wheelers, directly drives the demand for automotive starter motors. Growth in urbanization and disposable income has led to higher vehicle sales, especially in emerging economies. As the global automotive market expands, manufacturers of starter motors experience heightened demand for their products to meet the needs of new vehicle production. India's commercial vehicle industry is evolving, transitioning from conventional diesel-powered trucks to green solutions like LNG, electric, and hydrogen vehicles.
| Report Attribute | Details |
|---|---|
| Base Year: | 2024 |
| Automotive Starter Motor Market Size in 2024: | USD 24.3 billion |
| Forecast Period: | 2025 – 2034 |
| Forecast Period 2025 – 2034 CAGR: | 8.9% |
| 2025 – 2034 Value Projection: | USD 56.3 billion |
| Historical Data for: | 2021 – 2024 |
| No. of Pages: | 240 |
| Tables, Charts & Figures: | 200 |
| Segments covered: | Starter Motor, Vehicle, Power Rating, Sales Channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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With road transport handling 70% of India's freight, the sector is embracing sustainable practices, aided by government policies like BS-VI standards and CAFE regulations. Advanced technologies, including AI-driven connected trucks, telematics, and predictive analytics, are transforming the industry, optimizing fuel efficiency, safety, and logistics. These advancements align with global decarbonization goals, reshaping India's commercial vehicle landscape sustainably.
Innovations in starter motor designs, such as gear reduction and lightweight systems, are fueling market growth. Modern starter motors are more efficient, compact, and energy-saving, aligning with automotive trends toward improved fuel efficiency and reduced emissions. These technological advancements make vehicles more reliable and enhance performance, increasing the adoption of advanced starter motors.
The transition to electric and hybrid vehicles presents new opportunities for the automotive starter motor industry. While electric vehicles (EVs) have different starting mechanisms, the hybrid vehicle segment still requires advanced starter motors for engine ignition. The global shift toward sustainable transportation and supportive government policies have significantly boosted demand in this segment.
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Automotive Starter Motor Market Scope
