Why is Start–Stop Technology Market Blossoming in China?
Due to the soaring number of strict vehicular emission laws in several countries, the demand for start–stop technology and systems is predicted to skyrocket over the next few years. The Environmental Protection Agency (EPA) in North America has introduced strict emission norms for light trucks and cars in 2016. As per the EPA, the emissions from a passenger car are not permitted to exceed 225.0 grams per mile (g/mi).
The other major factor boosting the adoption of start–stop systems is the rising need for fuel-efficient vehicles across the globe. The maximum permissible combined fuel economy for trucks and cars in North America was recorded to be 35.5 miles per gallon (mpg) in 2016, and this number is targeted to rise to 54.5 mpg by 2025. Similarly, owing to the government regulations in Europe, the average level of emissions from new cars decreased by 160 grams per kilometer (g/km) from 2006 to 2012.
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Fuelled by the above-mentioned factors, the global start–stop technology market is predicted to progress at a rapid rate over the next few years. The start–stop technology basically allows for the automatic shutting down and restarting of the internal combustion engine (ICE) of the vehicle, in order to reduce the time period that the engine spends idling. In addition to this, this technology also helps in cutting down the emissions from vehicles and their fuel consumption. The different devices used for the purpose are belt-driven alternator starters (BAS), enhanced starters, integrated starter generators (ISG), and direct starters.
This study covers
- Historical and the present size of the Start–Stop Technology Market
- Future potential of the market through its forecast for the period 2016-2022
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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