Automotive Start-Stop Technology Market: Current Analysis and Forecast (2023-2030)

Automotive start-stop technology, also referred to as automatic start-stop or idle-stop, is an innovative system engineered to minimize fuel consumption and emissions. It achieves this by automatically turning off the engine when the vehicle comes to a halt, such as at traffic lights or during congested traffic. Once the driver releases the brake pedal or engages the clutch (in manual transmission vehicles), the engine smoothly restarts, enabling the vehicle to resume its motion.

The automotive start-stop technology market is growing at steady rate of 13.80% in the forecast period owing to demand for fuel efficiency and cost savings. In recent years, the automotive industry has witnessed a growing emphasis on fuel efficiency and environmental concerns. In response to the urgent need for reduced carbon emissions and improved fuel consumption, various technologies have been introduced to enhance the efficiency of vehicles. The growing emphasis on environmental sustainability and the necessity to adhere to strict emission standards are key factors driving the adoption of Automotive Start-Stop Technology. Governments worldwide have implemented stringent regulations to combat climate change and pollution, compelling automotive manufacturers to comply with these regulations. Consequently, innovative technologies such as Start-Stop have been developed and integrated into vehicles. Additionally, With global fuel prices experiencing consistent uptrends, reducing fuel consumption has become crucial. Start-stop technology ensures that the engine is automatically turned off when the vehicle comes to a complete stop, such as at traffic signals or during heavy traffic. This helps reduce unnecessary fuel consumption during idle periods, saving fuel and reducing costs.

In Europe, for instance, the European Union's (EU) emissions targets have served as a catalyst for automakers to invest in technologies that minimize CO2 emissions. Start-Stop systems have emerged as a popular choice due to their ability to reduce fuel consumption and emissions by 8-15%, depending on traffic conditions. The major automotive manufacturers like BMW, Volkswagen, and Volvo have successfully incorporated Start-Stop technology into their vehicles to meet EU regulations further created the demand for the technology.

Based on component, the market is divided into engine control unit, 12 V DC converter, battery, neutral position sensor, wheel speed sensor, crankshaft sensor, and alternator. The wheel speed sensor segment dominated the market in 2022 and is expected to show the same fashion in the forecast period. The major factors contributing for the growth due its importance in start-stop functionality. The wheel speed sensor provides essential information about the rotational speed and position of the wheels, allowing the engine control unit (ECU) to determine when to stop and start the engine. The wheel speed sensor is an integral part of the anti-lock braking system (ABS), helps prevent wheel lock.

Based on vehicle type, the market is bifurcated into passenger and commercial. The passenger vehicle segment holds a significant market share in 2022 and is expected to showcase the same trend in the forecast period. The major factors contributing to the growth due to the growing production of passenger vehicles followed by the consumer demand from all over the world. Consumer preferences are shifting towards tailored solutions for specific needs, leading to the emergence of specialized vehicles designed for purposes such as e-hailing services. Passenger cars designed for high utilization, robustness, additional mileage, and passenger comfort is already significant which further creates the demand for start-stop technology.

For a better understanding of the market adoption of the metal air-battery, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), Rest of World. The Asia Pacific automotive start-stop technology market dominated the market and is expected to behave in the same fashion in the forecast period. In recent years, the automobile market in the Asia Pacific region has witnessed impressive growth. This growth can be attributed to various factors, including the increasing population, rising demand for transportation, and advancements in technology. The Asia Pacific region serves as the largest manufacturing hub, with countries like China, Indonesia, Malaysia, and Japan playing a significant role. Additionally, renowned automobile manufacturers such as Honda, Suzuki, Hyundai, KIA, and Changan have introduced a wide range of models that have greatly contributed to the sales of electric vehicles in the area. These electric vehicles require automotive start-stop technology for their assembly and manufacturing. For instance, in 2023, as stated in the report published by Bloomberg Finance L.P in 2021, the number of EVs sold reached 3.2 million, which then doubled to 6.4 million units in 2022. Furthermore, rising fuel prices have also contributed to the increased demand for start-stop technology. By reducing idling time, vehicles equipped with this technology achieve better overall fuel economy, resulting in cost savings for the vehicle owners.

Some of the major players operating in the market include Continental AG, Robert Bosch GmbH (Robert Bosch Stiftung GmbH), Denso Corporation, SEG Automotive Germany GmbH, Delphi Technologies Plc, BorgWarner Inc., Hitachi Ltd., Valeo Systems, Maxwell Technologies, and General Motors Inc.