Automotive Starter Motor Market Benchmarking, Consumer Insights & Growth Strategies

Automotive Starter Motor Market Playbook, Dynamics & Competitive Forces

The automotive starter motor market is anticipated to grow from USD 105.7 million in 2025 to USD 148.9 million by 2034, with a compound annual growth rate (CAGR) of 3.9% during the forecast period from 2025 to 2034.

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Introduction

The automotive starter motor market is an integral branch of the automotive industry. This industry deals in manufacturing and distribution of starter motor for automotives. There are various types of motors developed in this industry comprising of electric motors, pneumatic motors and hydraulic motors. These motors consist of several components such as armature, starter drive gear, shift fork, return spring, solenoid, brush and some others. It is designed for diesel engines and petrol engines. The growing sales of passenger cars in different parts of the world has boosted the industrial expansion. This market is expected to rise significantly with the growth of the automotive components industry in different parts of the world.

• According to the Malaysian Automotive Association, around 641773 passenger cars were sold in 2022 that increased to 719160 in 2023.

Highlights of the Automotive Starter Motor Market

• North America held the dominant share of the automotive starter market due to the increasing sales of passenger cars in this region.
• Asia Pacific is expected to grow with the fastest CAGR due to the rising demand for commercial vehicles in this region.
• The electric motors segment dominated the market due to its cost-effectiveness, efficiency, eco-friendliness and some others.
• The passenger car segment led the market due to the growing trend of SUVs across the world.

Automotive Starter Motor: Stats and Figures

• According to the OICA, around 359689 commercial vehicles were sold in Germany during 2023.
• According to the International Energy Agency, around 6.7 million electric vehicles were sold in Europe in 2023.
• According to the India Brand Equity Foundation, the automotive components industry generated a revenue of US$ 74.1 billion in 2024.
• According to the Statistics Canada, around 253,453 passenger vehicles were sold in Canada during 2023.

Industry Leader Announcement

In January 2024, Ferdinando Sorrentino, the CEO of SEG Automotive announced that,” Asia will shape the future of mobility. For the first time in over 50 years, we will see a complete reversal in the automotive landscape where a trend is led by this region.”

Geographical Insights

North America held the highest share of the automotive starter motor market. The growth of this market is attributed to the growing sales of luxury vehicles along with presence of several automotive brands in this region. Additionally, the rising investment by market players for developing advanced starter motors has boosted the market growth.

In North America, the U.S. is the highest contributor of this industry. In U.S., the market is generally driven by the technological advancements in automotive sector. Moreover, the increasing emphasis of automotive component brands for developing starter motors coupled with the upsurge in demand for passenger cars in this region.

Competitive Landscape

The automotive starter motor market is a highly fragmented industry with the presence of several dominating players. Some of the crucial players in this industry consists of Valeo SA (France), Denso Corporation (Japan), Robert Bosch GmbH (Germany), BBB Industries (U.S.), Ningbo zhongwang AUTO Fittings Co.Ltd. (China), Hitachi Automotive Systems Ltd. (Japan), Mitsubishi Electric (Japan), ASIMCO Technologies Ltd. (China), Hella KGaA Hueck & Co. (Germany) and some others. These companies are constantly engaged in developing starter motors for automotives and adopting various strategies to maintain their dominant position in this industry.

• According to the annual report of Hella, the electronics segment generated a revenue of 1620126 thousand euros in 2022 that increased to 2838972 thousand euros in 2023.

Automotive Starter Motor Market Segmentation

By Component

• Armature
• Starter Drive Gear
• Shift Fork
• Return Spring
• Solenoid
• Brush

By Engine Type

• Diesel Engine
• Gasoline Engine

By Type

• Electric
• Pneumatic
• Hydraulic

By Vehicle Type

• Passenger Car
• Commercial Vehicle

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa