The automotive alternators are used in modern automobiles for the purpose of charging the battery and powering the electrical system while its engine is running. Alternator constitutes one of the three major components of an automotive charging system, the other two being battery and voltage regulator. It is used to power up electrical components of the vehicle such as instrument panel, interior and exterior lights. Besides, it is very useful in emergency vehicles, such as police van and ambulances, which require high power.
MARKET DYNAMICS
The automotive alternators market is anticipated to grow in the forecast period owing to driving factors such as increasing demands for passenger cars and commercial vehicles in the developing regions coupled with the rising per capita income. Moreover, the growing adoption of electric vehicles to reduce carbon footprint is further expected to drive the growth of the automotive alternators market. Nonetheless, growing demands for luxury cars and hybrid vehicles offer lucrative opportunities for the key players operating in the automotive alternators market during the forecast period.
MARKET SCOPE
The "Global Automotive Alternators Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive alternators market with detailed market segmentation by alternator type, vehicle type and geography. The global automotive alternators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive alternators market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive alternators market is segmented on the basis of alternator type and vehicle type. Based on alternator type, the market is segmented as salient pole and cylindrical rotor. On the basis of the vehicle type, the market is segmented as passenger cars, light commercial vehicles and medium & heavy commercial vehicles.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive alternators market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive alternators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive alternators market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the automotive alternators market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive alternators market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive alternators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive alternators market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the automotive alternators market in these regions.
MARKET PLAYERSThe reports cover key developments in the automotive alternators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from automotive alternators market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive alternators in the global market. Below mentioned is the list of few companies engaged in the automotive alternators market.
The report also includes the profiles of key automotive alternators companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Denso Corporation
- HELLA GmbH & Co. KGaA
- Hitachi Automotive Systems, Ltd.
- Lucas Industries Ltd
- Mitsubishi Electric Corporation
- Motorcar Parts of America Inc. (MPA)
- Prestolite Electric Inc.
- Remy International, Inc.
- Robert Bosch GmbH
- Valeo
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Alternators Market - By Alternator Type
1.3.2 Automotive Alternators Market - By Vehicle Type
1.3.3 Automotive Alternators Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE ALTERNATORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMOTIVE ALTERNATORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. AUTOMOTIVE ALTERNATORS MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE ALTERNATORS - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE ALTERNATORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMOTIVE ALTERNATORS MARKET - REVENUE AND FORECASTS TO 2028 - ALTERNATOR TYPE
7.1. OVERVIEW
7.2. ALTERNATOR TYPE MARKET FORECASTS AND ANALYSIS
7.3. SALIENT POLE
7.3.1. Overview
7.3.2. Salient Pole Market Forecast and Analysis
7.4. CYLINDRICAL ROTOR
7.4.1. Overview
7.4.2. Cylindrical Rotor Market Forecast and Analysis
8. AUTOMOTIVE ALTERNATORS MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CARS
8.3.1. Overview
8.3.2. Passenger Cars Market Forecast and Analysis
8.4. LIGHT COMMERCIAL VEHICLES
8.4.1. Overview
8.4.2. Light Commercial Vehicles Market Forecast and Analysis
8.5. MEDIUM AND HEAVY COMMERCIAL VEHICLES
8.5.1. Overview
8.5.2. Medium and Heavy Commercial Vehicles Market Forecast and Analysis
9. AUTOMOTIVE ALTERNATORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Automotive Alternators Market Overview
9.1.2 North America Automotive Alternators Market Forecasts and Analysis
9.1.3 North America Automotive Alternators Market Forecasts and Analysis - By Alternator Type
9.1.4 North America Automotive Alternators Market Forecasts and Analysis - By Vehicle Type
9.1.5 North America Automotive Alternators Market Forecasts and Analysis - By Countries
9.1.5.1 United States Automotive Alternators Market
9.1.5.1.1 United States Automotive Alternators Market by Alternator Type
9.1.5.1.2 United States Automotive Alternators Market by Vehicle Type
9.1.5.2 Canada Automotive Alternators Market
9.1.5.2.1 Canada Automotive Alternators Market by Alternator Type
9.1.5.2.2 Canada Automotive Alternators Market by Vehicle Type
9.1.5.3 Mexico Automotive Alternators Market
9.1.5.3.1 Mexico Automotive Alternators Market by Alternator Type
9.1.5.3.2 Mexico Automotive Alternators Market by Vehicle Type
9.2. EUROPE
9.2.1 Europe Automotive Alternators Market Overview
9.2.2 Europe Automotive Alternators Market Forecasts and Analysis
9.2.3 Europe Automotive Alternators Market Forecasts and Analysis - By Alternator Type
9.2.4 Europe Automotive Alternators Market Forecasts and Analysis - By Vehicle Type
9.2.5 Europe Automotive Alternators Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Automotive Alternators Market
9.2.5.1.1 Germany Automotive Alternators Market by Alternator Type
9.2.5.1.2 Germany Automotive Alternators Market by Vehicle Type
9.2.5.2 France Automotive Alternators Market
9.2.5.2.1 France Automotive Alternators Market by Alternator Type
9.2.5.2.2 France Automotive Alternators Market by Vehicle Type
9.2.5.3 Italy Automotive Alternators Market
9.2.5.3.1 Italy Automotive Alternators Market by Alternator Type
9.2.5.3.2 Italy Automotive Alternators Market by Vehicle Type
9.2.5.4 United Kingdom Automotive Alternators Market
9.2.5.4.1 United Kingdom Automotive Alternators Market by Alternator Type
9.2.5.4.2 United Kingdom Automotive Alternators Market by Vehicle Type
9.2.5.5 Russia Automotive Alternators Market
9.2.5.5.1 Russia Automotive Alternators Market by Alternator Type
9.2.5.5.2 Russia Automotive Alternators Market by Vehicle Type
9.2.5.6 Rest of Europe Automotive Alternators Market
9.2.5.6.1 Rest of Europe Automotive Alternators Market by Alternator Type
9.2.5.6.2 Rest of Europe Automotive Alternators Market by Vehicle Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Automotive Alternators Market Overview
9.3.2 Asia-Pacific Automotive Alternators Market Forecasts and Analysis
9.3.3 Asia-Pacific Automotive Alternators Market Forecasts and Analysis - By Alternator Type
9.3.4 Asia-Pacific Automotive Alternators Market Forecasts and Analysis - By Vehicle Type
9.3.5 Asia-Pacific Automotive Alternators Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Automotive Alternators Market
9.3.5.1.1 Australia Automotive Alternators Market by Alternator Type
9.3.5.1.2 Australia Automotive Alternators Market by Vehicle Type
9.3.5.2 China Automotive Alternators Market
9.3.5.2.1 China Automotive Alternators Market by Alternator Type
9.3.5.2.2 China Automotive Alternators Market by Vehicle Type
9.3.5.3 India Automotive Alternators Market
9.3.5.3.1 India Automotive Alternators Market by Alternator Type
9.3.5.3.2 India Automotive Alternators Market by Vehicle Type
9.3.5.4 Japan Automotive Alternators Market
9.3.5.4.1 Japan Automotive Alternators Market by Alternator Type
9.3.5.4.2 Japan Automotive Alternators Market by Vehicle Type
9.3.5.5 South Korea Automotive Alternators Market
9.3.5.5.1 South Korea Automotive Alternators Market by Alternator Type
9.3.5.5.2 South Korea Automotive Alternators Market by Vehicle Type
9.3.5.6 Rest of Asia-Pacific Automotive Alternators Market
9.3.5.6.1 Rest of Asia-Pacific Automotive Alternators Market by Alternator Type
9.3.5.6.2 Rest of Asia-Pacific Automotive Alternators Market by Vehicle Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Automotive Alternators Market Overview
9.4.2 Middle East and Africa Automotive Alternators Market Forecasts and Analysis
9.4.3 Middle East and Africa Automotive Alternators Market Forecasts and Analysis - By Alternator Type
9.4.4 Middle East and Africa Automotive Alternators Market Forecasts and Analysis - By Vehicle Type
9.4.5 Middle East and Africa Automotive Alternators Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Automotive Alternators Market
9.4.5.1.1 South Africa Automotive Alternators Market by Alternator Type
9.4.5.1.2 South Africa Automotive Alternators Market by Vehicle Type
9.4.5.2 Saudi Arabia Automotive Alternators Market
9.4.5.2.1 Saudi Arabia Automotive Alternators Market by Alternator Type
9.4.5.2.2 Saudi Arabia Automotive Alternators Market by Vehicle Type
9.4.5.3 U.A.E Automotive Alternators Market
9.4.5.3.1 U.A.E Automotive Alternators Market by Alternator Type
9.4.5.3.2 U.A.E Automotive Alternators Market by Vehicle Type
9.4.5.4 Rest of Middle East and Africa Automotive Alternators Market
9.4.5.4.1 Rest of Middle East and Africa Automotive Alternators Market by Alternator Type
9.4.5.4.2 Rest of Middle East and Africa Automotive Alternators Market by Vehicle Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Automotive Alternators Market Overview
9.5.2 South and Central America Automotive Alternators Market Forecasts and Analysis
9.5.3 South and Central America Automotive Alternators Market Forecasts and Analysis - By Alternator Type
9.5.4 South and Central America Automotive Alternators Market Forecasts and Analysis - By Vehicle Type
9.5.5 South and Central America Automotive Alternators Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Automotive Alternators Market
9.5.5.1.1 Brazil Automotive Alternators Market by Alternator Type
9.5.5.1.2 Brazil Automotive Alternators Market by Vehicle Type
9.5.5.2 Argentina Automotive Alternators Market
9.5.5.2.1 Argentina Automotive Alternators Market by Alternator Type
9.5.5.2.2 Argentina Automotive Alternators Market by Vehicle Type
9.5.5.3 Rest of South and Central America Automotive Alternators Market
9.5.5.3.1 Rest of South and Central America Automotive Alternators Market by Alternator Type
9.5.5.3.2 Rest of South and Central America Automotive Alternators Market by Vehicle Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AUTOMOTIVE ALTERNATORS MARKET, KEY COMPANY PROFILES
11.1. DENSO CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HELLA GMBH AND CO. KGAA
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HITACHI AUTOMOTIVE SYSTEMS, LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LUCAS INDUSTRIES LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MITSUBISHI ELECTRIC CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MOTORCAR PARTS OF AMERICA INC. (MPA)
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PRESTOLITE ELECTRIC INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. REMY INTERNATIONAL, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ROBERT BOSCH GMBH
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VALEO
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Denso Corporation
2.HELLA GmbH and Co. KGaA
3.Hitachi Automotive Systems, Ltd.
4.Lucas Industries Ltd
5.Mitsubishi Electric Corporation
6.Motorcar Parts of America Inc. (MPA)
7.Prestolite Electric Inc.
8.Remy International, Inc.
9.Robert Bosch GmbH
10.Valeo
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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