Global Automotive Alternator Market - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4515758
  • Report
  • Region: Global
  • 92 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Control Power Technology
  • Denso Corporation
  • Hella KGaA Hueck & Co.
  • Hitachi Automotive
  • Lucas Electrical
  • Mitsubishi Corporation
  • MORE
The market is poised to register a GAGR of around 5.8% during the forecast period. The rise in vehicle production in the Asia-Pacific region and the recovering automotive manufacturing industry in US are anticipated to drive the automotive alternator market over the forecast period.

A vehicle has some electrical and electronic components powered by the coordinated arrangement of the battery and alternator. There are two types of alternators that are normally available in the market i.e., three-phase and single-phase. The type of alternators that are used in the car depends on the make of the vehicle. Luxury cars have high-output alternators as they have electrical systems that demand high amount of electricity, such as luxurious audio and video systems.

Rise in Vehicle Sales and Production

The automotive alternator market is driven by the increasing global demand for passenger cars and commercial vehicles. Asia is estimated to have the highest market share in alternator market in 2017 and is expected to continue at the same pace till the end of 2023 and much beyond. Countries, such as India, China, and South Korea have emerged as the major automotive manufacturing hubs, sourcing components to western automakers. Asia is an opportunistic region for commercial vehicle manufacturers. The automobile industry in India is developing and is expected to be the fastest growing market in the production of automotive by 2020. With the South Asian market providing the low cost of labor, its set to become the major automobile hub in the near future. The European automobile industry has invested about USD 46.3 billion in research and development activities. With the modernization of car-related appliances, there has been a rise in attaching electronic devices in vehicles and increasing requirement of power in cars, which has led to an increase in the demand for alternators.

In 2015, Mitsubishi Electric invested approximately 4 billion yen (33 million USD) in its subsidiary Mitsubishi Electric Automotive America, Inc. (MEAA) to expand and construct new facilities for the increased production of high-efficiency alternators. Mitsubishi Electric Automotive America, Inc (MEAA) began producing high-efficiency alternators at its plant in Mason, Ohio.

Major Players: ROBERT BOSCH GMBH, HELLA KGAA HUECK & CO., DENSO CORPORATION amongst others.

Reasons to Purchase this Report
  • Provides latest insights into the Automotive Alternator Market
  • Gives a detailed analysis of key competitors in the Automotive Alternator Market
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Detailed analysis on the region that is expected to witness the highest growth
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate Sheet in excel
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Control Power Technology
  • Denso Corporation
  • Hella KGaA Hueck & Co.
  • Hitachi Automotive
  • Lucas Electrical
  • Mitsubishi Corporation
  • MORE
1. Introduction
1.1 Study Deliverables
1.2 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology

3. Executive Summary

4. Market Overview and Technological Trends
4.1 Current Market Scenario
4.2 Technology Trends
4.3 Porter's Five Forces Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of the Consumers
4.3.3 Threat of New Entrant
4.3.4 Threat of Substitutes
4.3.5 Competitive Rivalry

5. Market Dynamics
5.1 Drivers
5.1.1 Increasing Vehicle Production and Sales
5.1.2 Technically updated product in the updating market
5.2 Restraints
5.3 Opportunities
5.3.1 Increase Demand in Electric and Hybrid vehicle

6. Global Automotive Alternator Market Segmentation, by Vehicle Type
6.1 Passenger cars
6.2 Commercial vehicles

7. Global Automotive Alternator Market Segmentation, by Type
7.1 ICE Vehicles
7.2 Hybrid and Electric Vehicles

8. Global Automotive Alternator Market Segmentation, by Geography
8.1. North America
8.1.1 The United States
8.1.2 Canada
8.1.3 Mexico
8.1.4 Rest of North America
8.2 Asia-Pacific
8.2.1 China
8.2.2 Japan
8.2.3 India
8.2.4 Australia
8.2.5 Rest of Asia-Pacific
8.3. Europe
8.3.1 Germany
8.3.2 United Kingdom
8.3.3 France
8.3.4 Italy
8.3.5 Rest of Europe
8.4 South America
8.4.1 Brazil
8.4.2 Argentina
8.4.3 Rest of South America
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 UAE
8.5.3 Iran
8.5.4 South Africa
8.5.5 Rest of Middle East & Africa

9. Competitive Landscape
9.1 Introduction
9.2 Market Share Analysis

10. Company Profile
10.1 Control Power Technology
10.2 Denso Corporation
10.3 Hella KGaA Hueck & Co.
10.4 Hitachi Automotive
10.5 Lucas Electrical
10.6 Mitsubishi Corporation
10.7 Remy International
10.8 Robert Bosch GmbH
10.9 Valeo S.A.

11. Future Outlook of the Market
12. Disclaimer
Note: Product cover images may vary from those shown
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  • Control Power Technology
  • Denso Corporation
  • Hella KGaA Hueck & Co.
  • Hitachi Automotive
  • Lucas Electrical
  • Mitsubishi Corporation
  • Remy International
  • Robert Bosch GmbH
  • Valeo S.A.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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