DUBLIN--(BUSINESS WIRE)--The "Global Automotive Starter Motor Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
Global automotive starter motor market to grow at a CAGR of 2.91% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is lightweight compact packaging of starter motors. The fuel emission regulations in Europe and North America put enormous pressure on manufacturers to lower fuel consumption, improve the existing mileage of vehicles, and develop innovative and efficient new designs. The CAFE regulation has set the standard for new cars and truck to achieve fuel efficiency of 54.5 mpg by 2025. One of the effective ways of increasing fuel efficiency is by reducing the weight of the vehicles. Two-third of the energy generated by the engine is required to move the vehicle. So, there is an increasing adoption of advanced materials by OEMs to reduce the weight of vehicles.
According to the report, one of the major drivers for this market is the common vehicle development platform to achieve economies of scale. The common vehicle design platforms are increasingly being adopted by OEMs to develop multiple products targeting different vehicle segments and different customers. A singular platform is produced in high-volume as it is implemented through different vehicle segments.
Further, the report states that one of the major factors hindering the growth of this market is the growing demand for taxis and car-sharing services. The number of people opting for on-demand taxi operators is increasing due to lack of parking space for a self-drive car, and aggressive discount offers are given by on-demand taxi operators to attract more customers.
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation by Vehicle Type
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/b4fk85/global_automotive?w=4