The global automotive start-stop system market size was USD 31.61 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.4% during the forecast period. Changing consumer preference for sustainable living and using eco-friendly modes of transportation, rising occurrence of road accidents, and increasing air pollution are key factors driving market revenue growth. The start-stop technology assists in turning off the engine when vehicle is idling, such as when halted at a stop sign or in slow-moving traffic, decreasing pollution by stopping the engine from wasting fuel needlessly. The start-stop system of vehicle automatically shuts down and restarts the Internal Combustion (IC) engine to reduce the length of time engine is left idling. Utilizing the start-stop mechanism can cut Carbon Dioxide (CO2) emissions by 4$-8% while also reducing fuel usage and emissions. In addition, increasing health consciousness and rising concerns about lowering air pollution and emissions and improving air quality are other key factors driving market revenue growth. Need for such systems is increasing due to widespread use of start-stop systems in cars, which increase fuel efficiency and cost effectiveness, and lower the amount of fuel used.
The report studies the impact of the COVID-19 pandemic on the Automotive Start-Stop System market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Hitachi, Ltd., SEG Automotive Germany GmbH, Robert Bosch GmbH, Yamaha Motor Co., Ltd., AB Volvo, Continental AG, Denso Corporation, Maxwell Technologies, BorgWarner Inc., and Phinia Inc
Research Report on the Automotive Start-Stop System Market Addresses the Following Key Questions:
- Who are the dominant players of the Automotive Start-Stop System market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Automotive Start-Stop System market?
- What are the key growth drivers and restraining factors of the Automotive Start-Stop System market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Automotive Start-Stop System market and its key segments?
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Emergen Research has segmented the global Automotive Start-Stop System market on the basis of type, type of care, and region
Segments Covered in this report are:
Component Type Outlook (Revenue, USD Billion; 2019-2032)
- Engine Control Unit
- 12V Direct Current (DC) Converter
- Battery
- Neutral Position Sensor
- Wheel Speed Sensor
- Crankshaft Sensor
- Alternator
Vehicle Type Outlook (Revenue, USD Billion; 2019-2032)
- Passenger Cars
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
Fuel Type Outlook (Revenue, USD Billion; 2019-2032)
- Gasoline
- Diesel
- CNG
- Electric
In conclusion, the Automotive Start-Stop System Market report is an exhaustive database that will help readers formulate lucrative strategies. The Automotive Start-Stop System Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Automotive Start-Stop System market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Automotive Start-Stop System with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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