Automotive Starter Motor Alternator Market to Uptake of Passenger Vehicles

​The research study analyzes the automotive starter motor alternator market on global basis and provides estimates in terms of revenue (USD million) from 2015 to 2024. It describes the market dynamics affecting the industry and analyzes their impact through the forecast period. Moreover, it highlights the significant opportunities for market growth in the next eight years.

A starter motor in an automobile is one of the most vital component. It is an electric motor, which ignites the engine to start. It comprise of direct current electric motor and a starter solenoid. The starter motor is powered by the battery of the car and to turn over the engine, it requires very high electric current, which comes from the battery. On the other hand, automotive alternators are components in automobiles, which charges the battery and powers the electrical systems when the engine is running.

Global Automotive Starter Motor Alternator Market: Drivers and Trends

The global automotive starter motor alternator market is fragmented with few medium and large companies. Entry into this market is not restricted as there is no monopoly of business and the market has huge scope and opportunity. However, setting up of manufacturing units for automotive starter motors and alternators require huge capital and resource, which is not feasible for most of the small and medium sized companies. Increasing private equity investments and merger and acquisitions of companies in the automotive sector has been of great influence to the automotive starter motor alternator market.

In addition, application of automotive starter motors and alternators in new segment of vehicles such as hybrid and electric vehicles is also set to drive the market for automotive starter motor and alternator across the world. Significant growth in the automotive sector coupled with economic reforms in major developing countries has been able to bolster the growth of this market.

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Asia Pacific, Middle East and Africa, and Latin America are key markets for the future and are expected to provide huge opportunities to the global automotive starter motor and alternator manufacturers because of the growth in the automotive sector and increasing demand for passenger vehicles in the regions. Moreover, in the past five years, there has been an increasing production of vehicles globally because of the rising demand and usage of passenger vehicles. This in turn is driving the demand and growth of starter motors and alternators used in the production of automobiles.

The market is segmented on the basis of geography into Europe, North America, Asia Pacific, Middle East and Africa (MEA), and Latin America. These segments have been estimated in terms of revenue (USD million). In addition, the report has been segmented based on starter motor types, which includes, electric, pneumatic, hydraulic and others. Moreover, the report is also segmented by alternator type that includes claw pole alternator and cylindrical alternator.

For better understanding of the automotive starter motor alternator market, the study comprises market attractiveness analysis, where the starter motor types are benchmarked based on their market scope, growth rate and market attractiveness.

Key Players Mentioned in this Report are:

The report also provides company market share analysis of the various industry participants. Acquisition is the main strategy being widely followed by leading market players. In case of an acquisition, the acquirer takes advantage of existing synergies. As a result, both companies are expected to emerge more profitable and stronger than before. Key players in the global automotive starter motor alternator market have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report.

Automotive Turbochargers Market Demand for Lighter Cars Pushes Sales

​Automotive Turbochargers Market are forced induction techniques that induces forced compressed into the vehicles combustion engine for added power. Turbochargers are generally prominent among diesel engines as this type of engine lack proper air required for combustion, thus depends upon a turbochargers to cope up with its drawbacks. Moreover a turbocharger even aids in reducing emission and provide better fuel efficiency. Rising emission norms and fuel efficiency standards is giving rise to the use of a turbochargers to comply with the norms.

Automotive turbochargers find its application in a number of vehicle segments such as heavy commercial vehicle (HCV), light commercial vehicles (LCV), passenger cars, sports cars and off-highway vehicles. Passenger cars holds the leading market share among the segments. Based on the technology type the automotive turbochargers market is segmented into twin turbo, variable geometry technology and wastegate technology. Variable geometry technology (VGT) turbochargers held the prime market share in 2015, with the increasing popularity of turbochargers with low turbo lag is basically going to drive the variable geometry technology turbochargers during the forecast period from 2016 – 2024. Additionally the, global automotive turbochargers is divided into fuel type which includes gasoline and diesel. In terms of end users, the global automotive turbochargers market is bifurcated into original equipment manufacturers (OEMs) and aftermarket.

Turbochargers were first introduced for diesel engine to deliver higher power output, less emissions and increase fuel efficiency as diesel engines were generally used in commercial vehicle. After gaining importance in diesel engines’, turbochargers are also being favored to increase engine efficiency for gasoline engines. Automotive turbochargers market has huge scope and opportunity in the emerging markets of Asia Pacific and Latin America in countries such as India, China, Japan and Brazil among others. Rising penetration of turbocharged gasoline engine in Asia Pacific and turbocharged diesel cars in Latin America region is going to drive the automotive turbochargers.

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The major drivers driving the global automotive turbochargers market includes rise in adoption of engine downsizing, and increasing emission and fuel efficiency standards is going to drive the market throughout the forecast period. Engine downsizing improves the vehicle’s fuel efficiency just because they can achieve higher power output with a smaller engine cylinder that utilizes less fuel intake at the time of combustion. Thus the above mentioned reason of downsizing a vehicle’s engine is going to drive the market for automotive turbochargers during the forecast period from 2016 – 2024.

The competitive profiling of the key players in the global automotive turbochargers market across four broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments as in the field of automotive turbochargers. The value chain analysis of the market has been provided in the report, in order to offer a deep insight of global automotive turbochargers market.

Global Automotive Turbochargers : Research Methodology

A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Market dynamics are the factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2016 to 2024, along with offering an inclusive study of the automotive turbochargers. Moreover additional comparison of naturally aspirated engine versus a turbocharged engine and different emission and fuel efficiency norms set up by organizations from all around the World is going to give a better understanding about the penetration of global automotive turbochargers in vehicles.

Automotive Drive Shafts Market Demand for Vehicles across the Globe

​The global automotive drive shafts market has several players in the market, making the landscape fragmented. Some of the leading players in the market are Dana Holding Corporation, NTN Corporation, Hyundai Wia, and Yamada Manufacturing Co., Ltd. The companies are focused on development of new products with enhanced quality. To deal with competition, several players will emphasize on mergers and acquisitions to expand their geographical reach and penetrate into many other foreign markets.

According to the research report by Transparency Market Research, the global automotive drive shafts market was valued at US$5.3 bn in 2015 and is likely to be worth US$8.9 bn by the end of 2024. During the forecast years of 2016 and 2024, the global market is expected to progress at a CAGR of 6.1%.

On the basis of vehicles, the market is divided into passenger cars, heavy commercial vehicles, and light commercial vehicles. Of these, the heavy commercial vehicles are expected to show steady growth rate in the coming years due to their demand in the transportation industry. The research report states, that the heavy commercial vehicles segment will rise at a CAGR of 6.2% between 2016 and 2024. The increasing demand for automotive shafts in production and serving of heavy-duty trucks is estimated to provide an impetus to the segment in the coming years.

Geographically, the market is segmented into Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America. Asia Pacific is estimated to remain the leading regional market in the coming years as the demand for automobiles and their production picks up pace. The report estimates, that Asia Pacific automotive drive shafts market will rise at a CAGR of 6.5% between 2016 and 2024.

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The global automotive drive shafts market has been growing due to the unstoppable production of vehicles in emerging economies of Taiwan, India, China, and Singapore amongst others. As economies limp back to normalcy after the depression of 2008, the production and sales of automobiles and their parts have steadily risen to generate soaring revenues. In the coming years, the increasing investments in automobile manufacturing, especially in countries such as China, is likely to boost the automotive drive shafts market.

The demand for automotive drive shafts has also been increasing as they are the most critical parts of a vehicle. As they are known to working under continuous pressure and stress, they undergo severe damage, which demands their replacement or repair. Thus both of these factors are expected to propel the sale of automotive drive shafts in developing and developed countries.

Emerging Trend of Electric Vehicles to Impede Market Growth

Despite the steady market drivers, the global automotive drive shafts market is facing a tough challenge. The emerging trend of electric cars against the backdrop of rising pollution concerns is expected to restrain the growth of the market. Electric cars operate on batteries, which can be charged. Thus, they completely eliminate the need for automotive drive shafts. Analysts state, “if this trend is to grow rapid as countries work on reducing carbon footprint it could negatively impact the global market”.

Automotive Transmission Market is witnessing a Remarkable Uptake

​This market research study analyzes the automotive transmission market on a global level and provides estimates in terms of revenue (USD million) from 2015 to 2021. It gives a comprehensive overview of the automotive transmission from all the important strategic perspectives. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities in the coming years. Geographically, the automotive transmission market has been segmented into North America, Europe, Asia Pacific and Rest of the world (RoW). The current market size and forecast till 2021 is provided in the report.

An automotive transmission system (also referred to as the gearbox) provide a controlled application of the power which is generated from the engine of the vehicle. The transmission system uses gear trains and gears to provide torque and speed conversions from a rotating power source to another device. Transmission systems used in vehicles are hydraulic transmissions. This type of transmission uses a kind of fluid coupling instead of friction clutch, and changes gears by locking and unlocking a system of planetary gears. Broadly, the automotive transmission system can be segmented into two types: manual and automatic transmission. By fuel type, automotive transmission market can be segmented into gasoline, diesel, and others. The automotive transmission system by vehicle type has been segmented into passenger cars, LCV’s, ICV’s, HCV’s, off road vehicles, construction equipment vehicles, defense vehicles and farm tractors.

Latest automotive transmission system enhances the driving experience in terms of improved acceleration, gear shifting and improves fuel efficiency over conventional manual transmission systems. Growing demand for lower carbon emissions is driving the automotive transmission system market. Low penetration of advanced transmission system in regional markets like India, Brazil, and Mexico is restraining the automotive transmission system market. End users in India and Pakistan still prefer manual transmission over automatic transmissions. Moreover, variants with automatic transmission are costlier than manual transmissions and this is restraining the automotive transmission market. Growing demand for advanced transmission systems in the entry level vehicle segment is expected to drive the market.

This 97 page report gives readers a comprehensive overview of the Automotive Transmission Market. Browse through 14 data tables and 37 figures to unlock the hidden opportunities in this market:

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By vehicle type, passenger cars segment accounted for the largest market share in the global automotive transmission market. Light commercial vehicles and heavy commercial vehicle followed passenger cars in this segment. Innovation of latest transmission technology in passenger cars from simpler four speed automatic transmissions to 8-speed and 9-speed transmission is enhancing the driving experience, comfort and fuel efficiency of the vehicle.

Asia Pacific led the global automotive transmission market. Macro factors like low cost labor, favorable government policies towards the automotive industry are factors driving the automotive transmission in the region. Asia Pacific is both the largest producer and the biggest transmission market in terms of value due to presence of countries like China, India, South Korea and Japan. Most of the automotive OEMs have their established manufacturing facilities in China due to low cost of labor and to cater to the high demand from automotive sector in this region. Asia Pacific is followed by Europe in the global automotive transmission . Automotive transmission in Europe is dominated by manual transmission. Increase in demand for comfort, fuel efficiency and stringent emission norms are expected to drive the automotive transmission.

This report provides strategic analysis of automotive transmission and the growth forecast for the period from 2015 to 2021. The report covers competitive analysis of various market segments based on transmission type, fuel type and by vehicle type. In depth cross segmentation based on the transmission type, fuel type and by vehicle type across different geographic segments is also provided in this report.

The market share of various key industry players in the automotive transmission market along with their company overview, market presence (by segment and geography), financial overview, business strategies and recent developments are also included in the report.

Automotive Catalytic Converter Market Pollution Control Programs to Present Sustainable Growth

​The mounting pressure of global warming and the harmful effects of environmental pollution on human life have accelerated the demand for automotive catalytic converters. The various types of converters used for reducing emissions from exhaust systems are two-way oxidation catalytic converter, diesel oxidation catalyst, and three-way oxidation-reduction catalytic converter. The flourishing automotive industry across the globe is also driving the automotive catalytic converter market as manufacturers are compelled to develop vehicles that adhere to renewed pollution and emissions control norms set by respective governments, reports Transparency Market Research.

According to the research report, the global automotive catalytic converter market was valued at US$105.59 bn in 2014 and is expected to reach US$172.80 bn by 2021, as the market expands at a CAGR of 7.3% between 2015 and 2021. The shifting focus on product innovation by integrating latest technologies to improve performance and minimize emissions will also fuel the rise of this automotive catalytic converters in the coming years. The exponentially rising sales of automobiles in developing regions of Asia Pacific, the Middle East and Africa, and Latin America are also going to have a direct impact on the sales of these converters during the forecast period.

Europe to Lead Global Market with Strong Presence of Manufacturers

Europe will be the leading regional segment in the global automotive catalytic converter market between 2015 and 2021. Stringent norms such as Euro V and Euro VI being enforced across Europe have become the driving forces for this regional segment to adopt advanced automotive catalytic converters. The strong presence of leading automotive catalytic converter manufacturers in the U.K. and Germany will also facilitate the growth of the Europe catalytic converter market in the near future.

The rising vehicle production and strengthening of the economy after the slump will also generate a sizeable demand for converters across Europe. In light of these market drivers, the Europe automotive catalytic converter market is expected to be valued at US$52.72 bn by 2021 as the market is poised to rise at a CAGR of 7.0% from 2015 and 2021.

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This market research study analyzes the automotive catalytic converter market on global basis and provides estimates in terms of revenue (USD billion) from 2015 to 2021. It identifies the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it highlights the significant opportunities for market growth in the next six years.

With the advancements in technology, there has been a considerable growth in the automotive catalytic converter market globally. Stringent emission norms such as Euro V and Euro VI have put a restriction to the use of exhaust systems that are harmful to the environment. This has made automobile manufacturers improvise on their exhaust systems and bring in application of advanced technology and innovation to their products in order to reduce automobile emission in the environment. Innovative catalytic converters such as two-way and three-way catalytic converters are extensively being used and largely demanded by automobile manufacturers because of their greater performance and reduced emission quality. Four-way catalytic converters are still in the testing phase and are expected to be much more efficient and environment friendly as compared to the other existing automotive catalytic converters.

The growth in the global automotive catalytic converter market is directly related to the growth of the global automobiles market. Therefore, with the increasing sales of automobiles globally, the demand for automotive catalytic converter is set to grow. In regions such as Asia Pacific, Middle East and Africa (MEA), and Latin America; an immense rise in the usage of passenger vehicles is expected over the forecast period, which is set to bolster the growth of the automotive catalytic converter market.

Increasing stringent emission norms across the globe is the major reason driving the growth of the global automotive catalytic converters market. Catalytic converters emit hazardous particles that are harmful to the environment. Due to the rising pollution and global warming effects, the governments of various countries have laid down strict guidelines relating to automobile emission. Therefore, the stringent emission guidelines have forced the automotive component manufacturers to manufacture environment friendly catalytic converters for domestic and international markets. Two-way oxidation catalytic converter, three-way oxidation-reduction catalytic converter and diesel oxidation catalyst are heavily in demand due to their reduced emission property.

Automotive Rear Cross Traffic Alert System Market Trends and Forecast By 2025

​Automotive Rear Cross Traffic Alert System Market are primarily used to identify other vehicles in the surrounding of the vehicle. When the system senses the existence of other vehicles in its surroundings, an indicator bulb situated on the side view mirror starts to blink. Moreover, while on the reverse gear, the rear cross traffic alert system delivers a text alert as well as a warning chime as soon as it senses the presence of other vehicles in its vicinity. It also point out the presence or absence of other vehicles prior to changing lanes or overtaking thus confirming the freeness of the lane. When the turn signal is activated before changing lanes, the alert system leads to a vibration in the steering wheel in order to warn the driver about his intentions. In some cases, the rear cross traffic alert system helps in thwarting a crash. On the basis of warning strategies and costs, these systems have a number of different sensor components such as camera, radar, and an ultrasonic sensor.

The global automotive rear cross traffic alert system market is poised to show a steady growth curve during the forecast period. The Euro New Car Assessment Program (NCAP) has intensified its norms relating to driver assistance safety systems. This is likely to be one of the major driving factors that will boost the growth of the global automotive rear cross traffic alert system market in the coming years. Moreover, increasing regulatory norms from various bodies including The European Union (EU) and the United Nations Economic Commission for Europe (UNECE) have made safety requirements mandatory. This has made the original equipment manufacturers (OEMs) to incorporate driver assistance systems into their produced vehicles. As obeying regulations and adhering to better safety quotient help the manufacturers to have a competitive edge, there is likely to be an increasing adoption of rear cross traffic alert system during the course of the forecast period.

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There have been massive developments in the fields of automotive sensors and microcontrollers resulting into further miniaturization of lenses and sensors that is likely to lengthen the scope of application of cameras detecting and monitoring surrounding and in-car conditions. For example, there are sensors detecting various parameters including drivers’ eye and locus of the drivers’ head. In adverse situations, they trigger ADAS advanced driver assistance systems in order to take necessary actions. The adoption of infrared imaging sensors instead CMOS image sensors in these systems is likely to boost the overall automotive rear cross traffic alert system market during the forecast period.

The global automotive rear cross traffic alert system market is segmented on the basis of end user and geography. By end user, the market is segmented into OEMs and aftermarket. The OEM segment is likely to occupy a lion’s share in the global automotive rear cross traffic alert system market. Increasing implementation of rear cross traffic alert system by the OEMs is likely to encourage the growth of this segment in the global market.

In terms of geography, the global automotive rear cross traffic alert system market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to dominate the global market during the forecast period. The implementation of rear cross traffic alert system is has been made mandatory in this region in order to curb collisions and road accidents. This has led to the dominance of this region in the global automotive rear cross traffic alert system.

The leading manufacturers in the global automotive rear cross traffic alert system market are Bosch, Autoliv, Delphi, Continental, Valeo, and Infineon Technologies.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

Automotive Catalytic Converter Market Europe to Lead Global Market with Strong Presence of Manufacturers

​The mounting pressure of global warming and the harmful effects of environmental pollution on human life have accelerated the demand for automotive catalytic converters. The various types of converters used for reducing emissions from exhaust systems are two-way oxidation catalytic converter, diesel oxidation catalyst, and three-way oxidation-reduction catalytic converter. The flourishing automotive industry across the globe is also driving the automotive catalytic converter market as manufacturers are compelled to develop vehicles that adhere to renewed pollution and emissions control norms set by respective governments, reports Transparency Market Research.

According to the research report, the global automotive catalytic converter market was valued at US$105.59 bn in 2014 and is expected to reach US$172.80 bn by 2021, as the market expands at a CAGR of 7.3% between 2015 and 2021. The shifting focus on product innovation by integrating latest technologies to improve performance and minimize emissions will also fuel the rise of this automotive catalytic converters in the coming years. The exponentially rising sales of automobiles in developing regions of Asia Pacific, the Middle East and Africa, and Latin America are also going to have a direct impact on the sales of these converters during the forecast period.

Europe to Lead Global Market with Strong Presence of Manufacturers

Europe will be the leading regional segment in the global automotive catalytic converter market between 2015 and 2021. Stringent norms such as Euro V and Euro VI being enforced across Europe have become the driving forces for this regional segment to adopt advanced automotive catalytic converters. The strong presence of leading automotive catalytic converter manufacturers in the U.K. and Germany will also facilitate the growth of the Europe catalytic converter market in the near future.

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The rising vehicle production and strengthening of the economy after the slump will also generate a sizeable demand for converters across Europe. In light of these market drivers, the Europe automotive catalytic converter market is expected to be valued at US$52.72 bn by 2021 as the market is poised to rise at a CAGR of 7.0% from 2015 and 2021.

Three-way Oxidation-reduction Catalytic Converters Retain Lead during Forecast Period

The three-way oxidation-reduction catalytic converters are among the most widely used converters in gasoline engines as they have the ability to perform oxidation of hydrocarbons to carbon dioxide and water, oxidation of carbon monoxide to carbon dioxide, and conversion of nitrogen oxide to nitrogen and oxygen. Three-way oxidation-reduction catalytic converters have gained importance due to emission guidelines across the globe that mandate using these converters automobiles running on gasoline.

Owing to these reasons, the three-way oxidation-reduction catalytic converters segment is anticipated to reach US$67.78 bn by 2021 as compared to US$40.99 bn in 2014, as the segment expands at a CAGR of 7.5% between 2015 and 2021. On the other hand, diesel oxidation catalysts will also be an emerging segment as such converters will likely cater to the exclusive demands of diesel engines.