Please Wait.....
Report
Automotive Alternator Market Report by Powertrain Type (IC Engine Vehicles, Hybrid and Electric Vehicles), Vehicle Type (Passenger Cars, Commercial Vehicles), and Region 2024-2032
Market Report I 2024-04-08 I 135 Pages I IMARC Group
The global automotive alternator market size reached US$ 25.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 41.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.26% during 2024-2032.
Automotive alternators refer to the three-phase generators with a built-in rectifier circuit that is employed in modern automobiles to charge the battery and power electrical systems while their engine is operating. They consist of a rotor, the stator, output diodes, and the diode trio as standard parts. Additionally, automotive alternators include charging systems, batteries, voltage regulators, and alternators as major components. Automotive alternators aid in powering various vehicle electrical machinery, including instrument panels and interior and exterior lights. Along with this, they assist in generating alternating current (AC) power by electromagnetism and converting mechanical into electrical energy. As a result, automotive alternators are widely incorporated into commercial, light, and commercial vehicles. Currently, they are mainly available in salient pole and cylindrical rotor types.
Automotive Alternator Market Trends:
The considerable expansion in the automotive industry and the ongoing production and sales of various hybrid and electric vehicles (HEVs/EVs) are primarily driving the market growth. Automotive alternators are widely incorporated in the electrical systems of such automobiles to activate multiple electronic components of vehicles. Furthermore, the implementation of several green initiatives by governments has prompted manufacturers to use hybrid powertrain systems to mitigate carbon emissions from vehicles, which is supplementing the product demand. Additionally, the extensive utilization of automotive alternators in several off-road and emergency vehicles to carry large amounts of snowplow by producing excessive drag on the electrical systems is impelling the market growth. Moreover, the shifting inclination toward the high output automotive alternators over conventional product variants, owing to long-lasting battery life and better electricity supply, is contributing to the market growth. Other factors, such as inflating consumer disposable incomes, the growing need for lightweight cars, and strategic collaborations amongst original equipment manufacturers (OEMs) to enhance product efficacy, are supporting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive alternator market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on powertrain type and vehicle type.
Breakup by Powertrain Type:
IC Engine Vehicles
Hybrid and Electric Vehicles
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BorgWarner Inc., DENSO Corporation, Hella KGaA Hueck & Co. (Faurecia SE), Hitachi Ltd., Hyundai Mobis (Hyundai Motor Group), Jinzhou Halla Electrical Equipment Co. Ltd, MAHLE GmbH (Mahle Stiftung GmbH), Mecc Alte SpA (Co.mecc.fin.srl), Mitsubishi Electric Corporation, Motorcar Parts of America Inc., Prestolite Electric Incorporated (Prestolite Electric Holding Inc.), Robert Bosch GmbH (Robert Bosch Stiftung GmbH) and Valeo.
Key Questions Answered in This Report
1. What was the size of the global automotive alternator market in 2023?
2. What is the expected growth rate of the global automotive alternator market during 2024-2032?
3. What are the key factors driving the global automotive alternator market?
4. What has been the impact of COVID-19 on the global automotive alternator market?
5. What is the breakup of the global automotive alternator market based on the powertrain type?
6. What is the breakup of the global automotive alternator market based on the vehicle type?
7. What are the key regions in the global automotive alternator market?
8. Who are the key players/companies in the global automotive alternator market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Alternator Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Powertrain Type
6.1 IC Engine Vehicles
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Hybrid and Electric Vehicles
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Vehicle Type
7.1 Passenger Cars
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Commercial Vehicles
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 BorgWarner Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 DENSO Corporation
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 Hella KGaA Hueck & Co. (Faurecia SE)
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.4 Hitachi Ltd.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Hyundai Mobis (Hyundai Motor Group)
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.6 Jinzhou Halla Electrical Equipment Co. Ltd
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 MAHLE GmbH (Mahle Stiftung GmbH)
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 SWOT Analysis
13.3.8 Mecc Alte SpA (Co.mecc.fin.srl)
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Mitsubishi Electric Corporation
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 Motorcar Parts of America Inc.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.11 Prestolite Electric Incorporated (Prestolite Electric Holding Inc.)
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 SWOT Analysis
13.3.13 Valeo
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13.3 Financials
13.3.13.4 SWOT Analysis
Figure 1: Global: Automotive Alternator Market: Major Drivers and Challenges
Figure 2: Global: Automotive Alternator Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Automotive Alternator Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Automotive Alternator Market: Breakup by Powertrain Type (in %), 2023
Figure 5: Global: Automotive Alternator Market: Breakup by Vehicle Type (in %), 2023
Figure 6: Global: Automotive Alternator Market: Breakup by Region (in %), 2023
Figure 7: Global: Automotive Alternator (IC Engine Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Global: Automotive Alternator (IC Engine Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Global: Automotive Alternator (Hybrid and Electric Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Automotive Alternator (Hybrid and Electric Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Automotive Alternator (Passenger Cars) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Automotive Alternator (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Automotive Alternator (Commercial Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Automotive Alternator (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: North America: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: North America: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: United States: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: United States: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Canada: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Canada: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Asia-Pacific: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Asia-Pacific: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: China: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: China: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Japan: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Japan: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: India: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: India: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: South Korea: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: South Korea: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Australia: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Australia: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Indonesia: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Indonesia: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Others: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Others: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Europe: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Europe: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Germany: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Germany: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: France: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: France: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: United Kingdom: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: United Kingdom: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Italy: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Italy: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Spain: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Spain: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Russia: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Russia: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Others: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Others: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Latin America: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Latin America: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Brazil: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Brazil: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Mexico: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Mexico: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Middle East and Africa: Automotive Alternator Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Middle East and Africa: Automotive Alternator Market: Breakup by Country (in %), 2023
Figure 63: Middle East and Africa: Automotive Alternator Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Global: Automotive Alternator Industry: SWOT Analysis
Figure 65: Global: Automotive Alternator Industry: Value Chain Analysis
Figure 66: Global: Automotive Alternator Industry: Porter's Five Forces Analysis
Table 1: Global: Automotive Alternator Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Automotive Alternator Market Forecast: Breakup by Powertrain Type (in Million US$), 2024-2032
Table 3: Global: Automotive Alternator Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
Table 4: Global: Automotive Alternator Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Automotive Alternator Market: Competitive Structure
Table 6: Global: Automotive Alternator Market: Key Players
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security