A starter motor is an automotive part that is electric in nature and is very vital in the running of the engine. It enables the engine to start by helping it to gain the speed that is necessary for it to start. After the engine starts the starter motors work is done and therefore it turns off.
Market Analysis and Insights: Global Truck Starter Motor Market
Due to the COVID-19 pandemic, the global Truck Starter Motor market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Direct Control Truck Starter Motor accounting for % of the Truck Starter Motor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Light-duty Trucks segment is altered to an % CAGR throughout this forecast period.
China Truck Starter Motor market size is valued at US$ million in 2021, while the US and Europe Truck Starter Motor are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Truck Starter Motor landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Truck Starter Motor include Borg Warner, Denso, Mahle, Mitsubishi Electric, SEG Automotive, Delco Remy, Prestolite, Sawafuji Electric and Nikko Electric and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Truck Starter Motor capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Truck Starter Motor by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Truck Starter Motor Scope and Segment
Truck Starter Motor market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Truck Starter Motor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Direct Control Truck Starter Motor
Electromagnetic Control Truck Starter Motor
Segment by Application
Light-duty Trucks
Medium and Heavy-duty Trucks
By Company
Borg Warner
Denso
Mahle
Mitsubishi Electric
SEG Automotive
Delco Remy
Prestolite
Sawafuji Electric
Nikko Electric
Magneton
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global Truck Starter Motor Market
Due to the COVID-19 pandemic, the global Truck Starter Motor market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Direct Control Truck Starter Motor accounting for % of the Truck Starter Motor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Light-duty Trucks segment is altered to an % CAGR throughout this forecast period.
China Truck Starter Motor market size is valued at US$ million in 2021, while the US and Europe Truck Starter Motor are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Truck Starter Motor landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Truck Starter Motor include Borg Warner, Denso, Mahle, Mitsubishi Electric, SEG Automotive, Delco Remy, Prestolite, Sawafuji Electric and Nikko Electric and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Truck Starter Motor capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Truck Starter Motor by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Truck Starter Motor Scope and Segment
Truck Starter Motor market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Truck Starter Motor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Direct Control Truck Starter Motor
Electromagnetic Control Truck Starter Motor
Segment by Application
Light-duty Trucks
Medium and Heavy-duty Trucks
By Company
Borg Warner
Denso
Mahle
Mitsubishi Electric
SEG Automotive
Delco Remy
Prestolite
Sawafuji Electric
Nikko Electric
Magneton
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.