Belt-Driven Starter Generator Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024

Description

Market Overview

In 2023, the size of the belt-driven starter-generator industry was USD 858.6 million and is estimated to attain USD 1,714.5 million by the end of the decade, advancing at a CAGR of 10.5% over the projection period. The public growing awareness of GHG emissions is growing the requirement for a broad variety of technologies that can aid in saving power and decreasing emissions.

The factors that currently are impacting the belt-driven starter-generator market include the rising demand for higher fuel efficiency and some other factors. The key factors that exert significant influence over this trend include; customer needs, technological advancements, environmental issues, and the law.

New and tighter standards and codes are being instituted on emissions from vehicles by the government and other regulatory agencies in a bid to increase environmental quality and address issues of sustainability. Vehicle manufacturers are consistently coming up with new models of their cars that use less fuel and emit fewer hazardous gases due to these regulations. Scholars have opined that starter - generators significantly contribute to enhancing the fuel economy of vehicles.

This market is being propelled by a rise in the uptake of MHEVs that need the perfect blend of sustainability, efficiency, and performance. The ever-growing need for efficiency and better fuel economy as well as the demand for low emissions in the transport sector remains one of the main driving forces for the growth of MHEVs.

Key Insights

In 2023, the 48 V category generated the largest revenue share, approximately 70%, because of its capability to fulfill power demands and maintain fuel economy in modern cars.

48 V systems give power to components like electric power steering, active suspension systems, and enhanced driver assistance systems without overloading the vehicle's electrical system.

Manufacturers use 48 V systems to power increasingly complex electrical systems in vehicles, satisfying customer demands.

The 48 V variant is compatible with mild hybrid vehicle architecture, which is gaining popularity.

The mild hybrid category dominated the market with a 75% share in 2023 and is expected to maintain its dominance.

Mild-hybrid systems combine internal combustion engines with an alternator, offering start-stop capabilities and regenerative braking.

Mild hybrids are popular for delivering enhanced fuel economy without complexity.

The liquid-cooled category held the largest revenue share, 55%, in 2023 due to superior cooling capabilities.

Liquid cooling systems capture and transfer heat away from starter-generators, enhancing reliability and durability by preventing overheating.

Liquid-cooled systems operate quietly and efficiently compared to other cooling methods.

Europe holds the largest market share and is expected to continue doing so, thanks to its well-developed automotive industry.

European organizations lead in developing and implementing these systems, giving them a global market advantage.

Strict fuel efficiency standards and emission regulations in Europe increase the system's popularity among OEMs and vehicle owners.

Manufacturers in Europe continuously enhance vehicle fuel efficiency and develop new ways to reduce GHG emissions.

The European region's commitment to innovation and regulatory compliance drives its dominant market position.

Product Code: 12977

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product type
- 1.4.2. Market size breakdown, by vehicle type
- 1.4.3. Market size breakdown, by cooling type
- 1.4.4. Market size breakdown, by sales channel
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Volume, by Product Type (2019-2030)
6.3. Market Revenue, by Product Type (2019-2030)
6.4. Market Volume, by Vehicle Type (2019-2030)
6.5. Market Revenue, by Vehicle Type (2019-2030)
6.6. Market Volume, by Cooling Type (2019-2030)
6.7. Market Revenue, by Cooling Type (2019-2030)
6.8. Market Volume, by Sales Channel (2019-2030)
6.9. Market Revenue, by Sales Channel (2019-2030)
6.10. Market Volume, by Region (2019-2030)
6.11. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Volume, by Product Type (2019-2030)
7.3. Market Revenue, by Product Type (2019-2030)
7.4. Market Volume, by Vehicle Type (2019-2030)
7.5. Market Revenue, by Vehicle Type (2019-2030)
7.6. Market Volume, by Cooling Type (2019-2030)
7.7. Market Revenue, by Cooling Type (2019-2030)
7.8. Market Volume, by Sales Channel (2019-2030)
7.9. Market Revenue, by Sales Channel (2019-2030)
7.10. Market Volume, by Country (2019-2030)
7.11. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Volume, by Product Type (2019-2030)
8.3. Market Revenue, by Product Type (2019-2030)
8.4. Market Volume, by Vehicle Type (2019-2030)
8.5. Market Revenue, by Vehicle Type (2019-2030)
8.6. Market Volume, by Cooling Type (2019-2030)
8.7. Market Revenue, by Cooling Type (2019-2030)
8.8. Market Volume, by Sales Channel (2019-2030)
8.9. Market Revenue, by Sales Channel (2019-2030)
8.10. Market Volume, by Country (2019-2030)
8.11. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Volume, by Product Type (2019-2030)
9.3. Market Revenue, by Product Type (2019-2030)
9.4. Market Volume, by Vehicle Type (2019-2030)
9.5. Market Revenue, by Vehicle Type (2019-2030)
9.6. Market Volume, by Cooling Type (2019-2030)
9.7. Market Revenue, by Cooling Type (2019-2030)
9.8. Market Volume, by Sales Channel (2019-2030)
9.9. Market Revenue, by Sales Channel (2019-2030)
9.10. Market Volume, by Country (2019-2030)
9.11. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Volume, by Product Type (2019-2030)
10.3. Market Revenue, by Product Type (2019-2030)
10.4. Market Volume, by Vehicle Type (2019-2030)
10.5. Market Revenue, by Vehicle Type (2019-2030)
10.6. Market Volume, by Cooling Type (2019-2030)
10.7. Market Revenue, by Cooling Type (2019-2030)
10.8. Market Volume, by Sales Channel (2019-2030)
10.9. Market Revenue, by Sales Channel (2019-2030)
10.10. Market Volume, by Country (2019-2030)
10.11. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Volume, by Product Type (2019-2030)
11.3. Market Revenue, by Product Type (2019-2030)
11.4. Market Volume, by Vehicle Type (2019-2030)
11.5. Market Revenue, by Vehicle Type (2019-2030)
11.6. Market Volume, by Cooling Type (2019-2030)
11.7. Market Revenue, by Cooling Type (2019-2030)
11.8. Market Volume, by Sales Channel (2019-2030)
11.9. Market Revenue, by Sales Channel (2019-2030)
11.10. Market Volume, by Country (2019-2030)
11.11. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Volume, by Product Type (2019-2030)
12.3. Market Revenue, by Product Type (2019-2030)
12.4. Market Volume, by Vehicle Type (2019-2030)
12.5. Market Revenue, by Vehicle Type (2019-2030)
12.6. Market Volume, by Cooling Type (2019-2030)
12.7. Market Revenue, by Cooling Type (2019-2030)
12.8. Market Volume, by Sales Channel (2019-2030)
12.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Volume, by Product Type (2019-2030)
13.3. Market Revenue, by Product Type (2019-2030)
13.4. Market Volume, by Vehicle Type (2019-2030)
13.5. Market Revenue, by Vehicle Type (2019-2030)
13.6. Market Volume, by Cooling Type (2019-2030)
13.7. Market Revenue, by Cooling Type (2019-2030)
13.8. Market Volume, by Sales Channel (2019-2030)
13.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Volume, by Product Type (2019-2030)
14.3. Market Revenue, by Product Type (2019-2030)
14.4. Market Volume, by Vehicle Type (2019-2030)
14.5. Market Revenue, by Vehicle Type (2019-2030)
14.6. Market Volume, by Cooling Type (2019-2030)
14.7. Market Revenue, by Cooling Type (2019-2030)
14.8. Market Volume, by Sales Channel (2019-2030)
14.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Volume, by Product Type (2019-2030)
15.3. Market Revenue, by Product Type (2019-2030)
15.4. Market Volume, by Vehicle Type (2019-2030)
15.5. Market Revenue, by Vehicle Type (2019-2030)
15.6. Market Volume, by Cooling Type (2019-2030)
15.7. Market Revenue, by Cooling Type (2019-2030)
15.8. Market Volume, by Sales Channel (2019-2030)
15.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Volume, by Product Type (2019-2030)
16.3. Market Revenue, by Product Type (2019-2030)
16.4. Market Volume, by Vehicle Type (2019-2030)
16.5. Market Revenue, by Vehicle Type (2019-2030)
16.6. Market Volume, by Cooling Type (2019-2030)
16.7. Market Revenue, by Cooling Type (2019-2030)
16.8. Market Volume, by Sales Channel (2019-2030)
16.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Volume, by Product Type (2019-2030)
17.3. Market Revenue, by Product Type (2019-2030)
17.4. Market Volume, by Vehicle Type (2019-2030)
17.5. Market Revenue, by Vehicle Type (2019-2030)
17.6. Market Volume, by Cooling Type (2019-2030)
17.7. Market Revenue, by Cooling Type (2019-2030)
17.8. Market Volume, by Sales Channel (2019-2030)
17.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Volume, by Product Type (2019-2030)
18.3. Market Revenue, by Product Type (2019-2030)
18.4. Market Volume, by Vehicle Type (2019-2030)
18.5. Market Revenue, by Vehicle Type (2019-2030)
18.6. Market Volume, by Cooling Type (2019-2030)
18.7. Market Revenue, by Cooling Type (2019-2030)
18.8. Market Volume, by Sales Channel (2019-2030)
18.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Volume, by Product Type (2019-2030)
19.3. Market Revenue, by Product Type (2019-2030)
19.4. Market Volume, by Vehicle Type (2019-2030)
19.5. Market Revenue, by Vehicle Type (2019-2030)
19.6. Market Volume, by Cooling Type (2019-2030)
19.7. Market Revenue, by Cooling Type (2019-2030)
19.8. Market Volume, by Sales Channel (2019-2030)
19.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Volume, by Product Type (2019-2030)
20.3. Market Revenue, by Product Type (2019-2030)
20.4. Market Volume, by Vehicle Type (2019-2030)
20.5. Market Revenue, by Vehicle Type (2019-2030)
20.6. Market Volume, by Cooling Type (2019-2030)
20.7. Market Revenue, by Cooling Type (2019-2030)
20.8. Market Volume, by Sales Channel (2019-2030)
20.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Volume, by Product Type (2019-2030)
21.3. Market Revenue, by Product Type (2019-2030)
21.4. Market Volume, by Vehicle Type (2019-2030)
21.5. Market Revenue, by Vehicle Type (2019-2030)
21.6. Market Volume, by Cooling Type (2019-2030)
21.7. Market Revenue, by Cooling Type (2019-2030)
21.8. Market Volume, by Sales Channel (2019-2030)
21.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Volume, by Product Type (2019-2030)
22.3. Market Revenue, by Product Type (2019-2030)
22.4. Market Volume, by Vehicle Type (2019-2030)
22.5. Market Revenue, by Vehicle Type (2019-2030)
22.6. Market Volume, by Cooling Type (2019-2030)
22.7. Market Revenue, by Cooling Type (2019-2030)
22.8. Market Volume, by Sales Channel (2019-2030)
22.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Volume, by Product Type (2019-2030)
23.3. Market Revenue, by Product Type (2019-2030)
23.4. Market Volume, by Vehicle Type (2019-2030)
23.5. Market Revenue, by Vehicle Type (2019-2030)
23.6. Market Volume, by Cooling Type (2019-2030)
23.7. Market Revenue, by Cooling Type (2019-2030)
23.8. Market Volume, by Sales Channel (2019-2030)
23.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Volume, by Product Type (2019-2030)
24.3. Market Revenue, by Product Type (2019-2030)
24.4. Market Volume, by Vehicle Type (2019-2030)
24.5. Market Revenue, by Vehicle Type (2019-2030)
24.6. Market Volume, by Cooling Type (2019-2030)
24.7. Market Revenue, by Cooling Type (2019-2030)
24.8. Market Volume, by Sales Channel (2019-2030)
24.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Volume, by Product Type (2019-2030)
25.3. Market Revenue, by Product Type (2019-2030)
25.4. Market Volume, by Vehicle Type (2019-2030)
25.5. Market Revenue, by Vehicle Type (2019-2030)
25.6. Market Volume, by Cooling Type (2019-2030)
25.7. Market Revenue, by Cooling Type (2019-2030)
25.8. Market Volume, by Sales Channel (2019-2030)
25.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Volume, by Product Type (2019-2030)
26.3. Market Revenue, by Product Type (2019-2030)
26.4. Market Volume, by Vehicle Type (2019-2030)
26.5. Market Revenue, by Vehicle Type (2019-2030)
26.6. Market Volume, by Cooling Type (2019-2030)
26.7. Market Revenue, by Cooling Type (2019-2030)
26.8. Market Volume, by Sales Channel (2019-2030)
26.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Volume, by Product Type (2019-2030)
27.3. Market Revenue, by Product Type (2019-2030)
27.4. Market Volume, by Vehicle Type (2019-2030)
27.5. Market Revenue, by Vehicle Type (2019-2030)
27.6. Market Volume, by Cooling Type (2019-2030)
27.7. Market Revenue, by Cooling Type (2019-2030)
27.8. Market Volume, by Sales Channel (2019-2030)
27.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Volume, by Product Type (2019-2030)
28.3. Market Revenue, by Product Type (2019-2030)
28.4. Market Volume, by Vehicle Type (2019-2030)
28.5. Market Revenue, by Vehicle Type (2019-2030)
28.6. Market Volume, by Cooling Type (2019-2030)
28.7. Market Revenue, by Cooling Type (2019-2030)
28.8. Market Volume, by Sales Channel (2019-2030)
28.9. Market Revenue, by Sales Channel (2019-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Robert Bosch GmbH
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. BorgWarner Inc
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. DENSO Corporation
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. VALEO SA
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Vitesco Technologies Group AG
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Dayco Incorporated
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Continental AG
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Sona BLW Precision Forgings Limited
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. SEG Automotive
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. Nexteer Automotive Corporation
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. Magna International Inc.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Belt-Driven Starter Generator Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)