Start-stop Technology Market to Grow at a Brisk Rate in the Foreseeable Future
The study suggests that the global start-stop technologymarket is likely to grow from $2,100.2 million in 2015 to $7,058.0 million by 2022.
Stringent emission control norms, increasing need for fuel efficient vehicles
and increasing adoption of hybrid vehicles are that factors that are expected
to drive the demand for start-stop technology over the forecast period.
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Start-stop Technology Market |
As per the findings of research, the enhanced starter was
the largest contributor to the global start-stop technology market in 2015, in
terms of volume and value; however, the integrated starter generator is
expected to witness the highest growth, during the forecast period in terms of
volume and value.
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https://www.psmarketresearch.com/market-analysis/start-stop-technology-market
Geographically, Europe has been the largest market for
start-stop technology, where the U.K. has been the largest contributor to the
regional market. China is the major market in the Asia-Pacific region, while
the U.S. remains the highest revenue generator in the North American Market. In
the Rest of the World, Brazil was the largest market in the Latin American and
the Middle-East and African countries.
Some of the key players in the global market include Robert
Bosch GmbH, Continental AG, Denso Corporation, Delphi Automotive PLC, Johnson
Controls, Inc, Hitachi, Ltd., Mitsubishi Electric Corporation, Valeo SA, and
BorgWarner Inc.
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