IMARC Group, a leading market research company, has recently releases report titled “Automotive Start-Stop System: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global automotive start-stop system market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the automotive start-stop system market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 67.64 Billion |
| Market Forecast in 2028 | US$ 98.36 Billion |
| Growth rate (2023 to 2028) | CAGR of 6.12% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is Automotive Start-Stop System?
The Automotive Start-Stop System, also known as the start-stop technology or idle-stop system, is a feature implemented in many modern vehicles to improve fuel efficiency and reduce emissions. It is designed to automatically shut off the engine when the vehicle comes to a stop, such as at traffic lights or during heavy traffic, and restart it quickly and seamlessly when the driver releases the brake pedal or engages the clutch (in manual transmission vehicles) or accelerates.
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Automotive Start-Stop System Market Trends:
The adoption of start-stop systems has been steadily increasing due to stringent government regulations aimed at reducing greenhouse gas emissions and improving fuel economy. Many countries, including the United States and various European nations, have implemented emission standards that incentivize the use of start-stop technology. With increasing concerns about fuel consumption and environmental pollution, there is a growing demand for more fuel-efficient vehicles. Start-stop systems help improve fuel efficiency by reducing idling time, especially in urban driving conditions. As a result, automakers are increasingly incorporating start-stop systems in their vehicles to meet stringent fuel economy standards and cater to eco-conscious consumers. Furthermore, Governments worldwide are implementing stricter emission standards to reduce greenhouse gas emissions and combat climate change. Start-stop systems contribute to lowering carbon dioxide emissions by shutting down the engine when the vehicle is stationary. Automakers are, therefore, under pressure to adopt start-stop technology to comply with these regulations, which is expected to drive the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- Continental AG
- Denso Corporation
- Hitachi Astemo Ltd. (Hitachi Ltd.)
- Maxwell Technologies Inc. (UCAP Power Inc.)
- Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
- Schaeffler Technologies AG & Co. KG
- Valeo
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component:
- Engine Control Unit
- 12V DC Converter
- Battery
- Neutral Position Sensor
- Wheel Speed Sensor
- Crankshaft Sensor
- Alternator
Breakup by Fuel Type:
- Gasoline
- Diesel
- CNG
- Electric
Breakup by Vehicle Type:
- Motorcycles
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Breakup by Distribution Channel:
- Original Equipment Manufacturer (OEM)
- Aftermarket
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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