Starter Motor Market for 2 Wheeler Introduction
The starter motor cranks an internal combustion engine of any vehicle, including 2-wheelers. 2-wheeler starters are 12 V motors and are available for both dry and wet clutch operations. Starter motors are designed to be resistant to corrosion due to water and oil.
Starter Motor Market for 2 Wheeler - Competitive Landscape
In 2017, DENSO CORPORATION invested US$ 1 Bn to expand its manufacturing center in Maryville, Tennessee, U.S. The Maryville center is DENSO’s largest facility in the U.S. and specializes in the manufacture of starters, instrument cluster, alternators, and safety products. The investment is aimed to boost the production capacity of the plant.
Established in 1923, Valeo is a leading manufacturer of automotive components. The company has 183 production units spread across 33 countries worldwide. Valeo operates through the following business segments: Thermal system, visibility system, powertrain system, comfort and driving assistance, and heavy commercial vehicle. The company is a key player operating in global starter motor market for 2 wheelers.
Established in 1949, DENSO CORPORATION, with headquarters in Kariya, Japan, is a leading supplier of vehicle components and technology. The company operates through the following business segments powertrain, thermal, mobility, electrification and electronic systems. DENSO CORPORATION has global presence and has 211 facilities located in 35 countries around the world.
Established in 1946, Mitsuba Corp. is headquartered in Gunma, Japan. The company is a key global player in the manufacturing of starter motors. It also provides a wide range of starters for scooters and motorcycles. The company offers electrical components for two wheelers and four wheelers. The company has production, development, and sales facilities located across Asia Pacific, Europe, North America, and Latin America.
Starter Motor Market for 2 Wheeler Dynamics
High demand of 2 wheelers in Asia Pacific boosts the starter motor market for 2 wheeler
2 wheelers have been the preferred choice of transport in developing countries such as India, China, Indonesia, Vietnam, and Thailand. Urbanization and expansion of economies in Asia Pacific have boosted the commuting demands of people from rural areas to urban areas for work. The 2-wheeler has a lesser operating cost as compared to that of a 4-wheeler. 2-wheelers such as scooters are versatile and employed to carry groceries, and other luggage. Asia Pacific leads the global demand for 2-wheelers, and in turn the 2 wheeler market for starter motor.
Emerging trends such as 2 wheeler rental to propel demand for starter motor
Motorcycles are being utilized for ride-hailing services in Asia Pacific and Middle East & Africa. 2-wheelers used for food-delivery & ride-hailing services run more number of miles and under the same maintenance schedule contribute to higher demand in the aftermarket.
Starter Motor Market for 2 Wheeler Segmentation
Based on application, the starter motor for 2 wheeler market can be segmented into
Based on the motor type, the starter motor for 2 wheeler market can be classified into
Based on the sales channel, the starter motor for 2 wheeler market can be bifurcated into
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