Hi Torque Starter Motors Market: Introduction
As a replacement for the traditional starter motor, a hi torque starter motor is a modern type of starter motor that is seeing rapid growth potential. The characteristics of high-torque starter motors are advantageous, including a high-speed motor, a small size, and a set of reduction gears. When compared to ordinary starter motors, a hi torque starter motor is lighter, smaller, and operates at a higher speed. Therefore, it is predicted that efforts by original equipment manufacturers to produce lightweight, fuel-efficient automobiles will increase demand for high torque starter motors.
The market for high torque starting motors is predicted to develop as a result of leading manufacturers increasingly incorporating modern technologies into their automobiles. Moreover, the global market for high torque starter motors has benefited greatly from the manufacture of automobiles. According to estimates, macroeconomic variables like increased disposable income, an improved standard of life, and rapid urbanisation would have an impact on the market for high torque starter motors. These factors will add up to a significant increase in the demand for passenger cars, which will benefit the market as a whole.
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Factors, such as increasing electrification of vehicles and stringent emission control regulations in various regions, such as Europe and North America are estimated to drive growth of the global hi torque starter motors market.
Key growth drivers for this market are growth in automotive demand, production and vehicle parc. The increasing focus of manufacturers to improve fuel efficiency of vehicles and increase the average miles travelled per year is estimated to fuel growth of the global hi torque starter motors market.
The global hi torque starter motor market is estimated to be hampered by the high adoption rate of hybrid vehicles, which do not require a separate starter motor.
- The global hi torque starter motors market segmented on the basis of vehicle type: passenger car, light commercial vehicle (LCV), and heavy commercial vehicle (HCV)
- The global hi torque starter motors market segmented on the basis of sales channel: original equipment manufacturers (OEM) and aftermarket
- The global hi torque starter motors market segmented on the basis of by power output type: 1.0 Kw to 3.0 Kw, 7.3 3.0 Kw to 5.0 Kw, 5.0 Kw & above
The Asia-Pacific hi torque starter motors market is estimated to remain dominant over the forecast period, owing to its major share in automotive production and vehicle parc. Countries, such as China, India, Japan and South Korea are estimated to be growth drivers in the Asia-Pacific market.
The Asia-Pacific region is estimated to witness high growth opportunities, owing to the presence of fast growing economies, such as India, and China, and the growing vehicle production in these regions. Japan hi torque starter motors market is estimated to register stable growth over the forecast period, owing to comparatively high advance technology development and adoption rate.
Additionally, factors such as relatively low vehicle production costs, GDP, growing personal disposable income and government initiatives towards FDI are estimated to support growth of the Asia-Pacific hi torque starter motors market.
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- Valeo Grouo
- Denso Corporation
- Robert Bosch GmbH
- Mitsuba Corp.
- Mitsubishi Electric Corporation
- HELLA KGaA Hueck & Co.
- Cummins Inc.
- Hitachi, Ltd.
- BorgWarner Inc.
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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