Automotive Start-Stop System Market to Rise at 12.4% CAGR till 2026; Stringent Government Policies towards Greenhouse Emissions Will Lead to a Wider Product Adoption

The global automotive start stop systems market size is projected to reach USD 50.88 billion by the end of 2026. The increasing demand for fuel-efficient systems will aid the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Automotive Start-Stop System Market Size, Share, and Global Trend By Component Type (Engine Control Unit, 12V DC Converter, Battery, Neutral Position Sensor, Wheel Speed Sensor, Crankshaft Sensor, and Alternator). By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), and Geography Forecast till 2026,” the market was worth USD 20.09 billion in 2018 and will exhibit a CAGR of 12.4% during the forecast period, 2019-2026.

An automotive start stop system is used for detecting whether the automobile is in stationary condition with the use of sensors. It can automatically warn the users if the car engine needs to be turned on and off during traffic and other stop points. The primary purpose of using this system is to reduce the total fuel consumption. The increasing global warming effects and climate change resulting from the carbon emissions due to growing automobile use encouraged users to adopt the start-stop systems. The increasing investments taken to integrate start-stop systems in automobiles will have a direct impact on the growth of the market in the coming years. Technological advances and the use of faster and real-time sensors have played a major role in the growth of the market in recent years.

Denso’s Merger with Aisin Seiki Will Have a Massive Global Impact

Due to the increasing demand for improved interior and functions of automobile, there has been a subsequent rise in the demand for start and stop systems. The use of advanced sensors and technologies has allowed improved product performances. Due to the massive potential held by these products, companies are looking to form collaborations with a bid to establishing a stronghold in the market. In December 2018, Denso Corporation announced that it has formed a collaboration to form a new company. These companies have formed ‘Blue Nexus’ a company that will develop and sell driving modules for EVs. This merger will help the company generate substantial automotive start stop system market revenue in the coming years.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/automotive-start-stop-system-market-102615

Stringent Norms Imposed by Governments of Leading Countries

The report encompasses several factors that have contributed to the growth of the market in recent years. Due to the constantly rising population across the world, governments of leading countries have imposed strict norms to minimize the total carbon emission. Automotive start-stop system vendors have identified this as the perfect opportunity to advertise and distribute their products and encourage users to adopt fuel-saving systems. This factor will have a huge impact on the adoption of the products across the world. Moreover, several automobile manufacturers are integrating these systems in the vehicles at the time of manufacturing itself. All these factors will contribute to the growth of the market in the forthcoming years. 

BorgWarner Inc Dominates the Competitive Scenario

Among all the companies that are currently operating in the market, it has been observed that BorgWarner is currently the leading company. The attractive range of start-stop systems possessed by the company has helped generate massive revenues ion recent years. Moreover, the massive global consumer base has helped the company grow rapidly in recent years.

List of other companies that are currently operating in the automotive start-stop systems market include:

• Continental AG


• Denso Corporation


• Delphi Technologies PLC


• Robert Bosch GmbH


• BorgWarner Inc.


• Hitachi Ltd.

Further Report Findings:

• The report analyzes the ongoing automotive start-stop systems market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. The market in Europe is projected to hold the largest market share, owing to the increasing number of hybrid vehicles.


• The market in Asia Pacific will witness a considerable CAGR driven by the emphasis on reduction in greenhouse emissions. As of 2018, the market was worth USD 6.827 billion.

The global market is segmented on the basis of: