Starter Solenoid Market Emerging Trends, Technological Advancements, and Business Strategies 2024-2030

The global Starter Solenoid market was valued at US$ 821.5 million in 2023 and is projected to reach US$ 1251.5 million by 2030, at a CAGR of 6.8% during the forecast period.

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The global Starter Solenoid market was valued at US$ 821.5 million in 2023 and is projected to reach US$ 1251.5 million by 2030, at a CAGR of 6.8% during the forecast period.

Market Size in 2023 US$ 821.5 Million Forecast Market Size By 2030 US$ 1251.5 Million
Growth Rate CAGR of 6.8% Number of Pages 200+ Pages

A starter solenoid is an electromechanical device that plays a crucial role in starting a vehicle’s engine. It acts as a switch, transmitting electrical current from the battery to the starter motor when the ignition key is turned or the start button is pressed. The starter solenoid is typically located on or near the starter motor, which is usually mounted on the engine’s bell housing.

  • Global Vehicle Production: According to the International Organization of Motor Vehicle Manufacturers (OICA), approximately 91.8 million vehicles (including cars, commercial vehicles, and heavy trucks) were produced globally in 2021.

This research report provides a comprehensive analysis of the Starter Solenoid market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Starter Solenoid market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Starter Solenoid, challenges faced by the industry, and potential opportunities for market players.

The global Starter Solenoid market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Starter Solenoid market presents opportunities for various stakeholders, including Manufacturing Industry, Power Industry. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Starter Solenoid market. Additionally, the growing consumer demand present avenues for market expansion.

Key Features:
The research report on the Starter Solenoid market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.

  • Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Starter Solenoid market.
  • Market Overview: The report provides a comprehensive overview of the Starter Solenoid market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., 24V, 12V), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
  • Market Dynamics: The report analyses the market dynamics driving the growth and development of the Starter Solenoid market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Starter Solenoid market’s trajectory.
  • Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Starter Solenoid market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
  • Market Segmentation and Forecast: The report segment the Starter Solenoid market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
  • Technological Trends: The report should highlight the key technological trends shaping the Starter Solenoid market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
  • Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Starter Solenoid market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
  • Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Starter Solenoid, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
  • Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Starter Solenoid market.
  • Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.

Market Segmentation
Starter Solenoid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

By Type:

  • Push Type Starter Solenoids
  • Pull Type Starter Solenoids

By Vehicle Type:

  • Passenger Vehicles
  • Commercial Vehicles
  • Off-road Vehicles
  • Others
Market segment by Voltage:
  • 24V
  • 12V

By Starter Type:

  • Electric Starters
  • Recoil Starters
Market segment by Application
  • Manufacturing Industry
  • Power Industry
  • Construction
  • Other (e.g. Mining,Metallurgy)
Global Starter Solenoid Market Segment Percentages, By Region and Country, 2023 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Major players covered
  • Omron
  • IDEM Inc
  • Siemens
  • Schneider Electric
  • Schmersal
  • ABB
  • KSS
  • Johnson Electric
  • Euchner
  • Telemecanique
  • Allen Bradley
  • Banner
  • Pilz
  • Bernstein Safety
  • Mecalectro

Key Drivers:

  • Growing demand for automobiles: The increasing demand for automobiles, particularly in emerging economies, is driving the demand for starter solenoids.
  • Technological advancements: Advances in solenoid technology are improving the efficiency and reliability of starter solenoids, which is driving their adoption in various industries.
  • Replacement of manual starters: The trend towards replacing manual starters with automatic starters is driving the demand for starter solenoids.
  • Growing demand for electric vehicles: The increasing demand for electric vehicles is driving the demand for starter solenoids that can handle the high torque requirements of electric motors.
  • Increasing focus on fuel efficiency: The increasing focus on fuel efficiency and emission reduction is driving the adoption of starter solenoids that can reduce engine idling and improve overall fuel efficiency.

Restrains:

  • High competition: The market for starter solenoids is highly competitive, with many established players and new entrants, which can lead to price pressures and reduced profit margins.
  • Limited adoption in developing countries: The limited adoption of advanced automotive technologies in developing countries can limit the demand for starter solenoids in these regions.
  • Technical challenges: Starter solenoids can be affected by factors such as temperature, vibration, and moisture, which can impact their reliability and durability.
  • Increasing popularity of alternative technologies: The increasing popularity of alternative technologies, such as brushless DC motors and permanent magnet motors, can limit the adoption of starter solenoids.
  • Stringent emission regulations: The increasing stringency of emission regulations can drive the adoption of alternative technologies that offer better fuel efficiency and emission reduction, which can limit the demand for starter solenoids.

1 Introduction to Research & Analysis Reports
1.1 Starter Solenoid Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Starter Solenoid Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Starter Solenoid Overall Market Size
2.1 Global Starter Solenoid Market Size: 2023 VS 2030
2.2 Global Starter Solenoid Revenue, Prospects & Forecasts: 2019-2030
2.3 Global Starter Solenoid Sales: 2019-2030
3 Company Landscape
3.1 Top Starter Solenoid Players in Global Market
3.2 Top Global Starter Solenoid Companies Ranked by Revenue
3.3 Global Starter Solenoid Revenue by Companies
3.4 Global Starter Solenoid Sales by Companies
3.5 Global Starter Solenoid Price by Manufacturer (2019-2024)
3.6 Top 3 and Top 5 Starter Solenoid Companies in Global Market, by Revenue in 2023
3.7 Global Manufacturers Starter Solenoid Product Type
3.8 Tier 1, Tier 2 and Tier 3 Starter Solenoid Players in Global Market
3.8.1 List of Global Tier 1 Starter Solenoid Companies
3.8.2 List of Global Tier 2 and Tier 3 Starter Solenoid Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type – Global Starter Solenoid Market Size Markets, 2023 & 2030
4.1.2 24V
4.1.3 12V
4.2 By Type – Global Starter Solenoid Revenue & Forecasts
4.2.1 By Type – Global Starter Solenoid Revenue, 2019-2024
4.2.2 By Type – Global Starter Solenoid Revenue, 2025-2030
4.2.3 By Type – Global Starter Solenoid Revenue Market Share, 2019-2030
4.3 By Type – Global Starter Solenoid Sales & Forecasts
4.3.1 By Type – Global Starter Solenoid Sales, 2019-2024
4.3.2 By Type – Global Starter Solenoid Sales, 2025-2030
4.3.3 By Type – Global Starter Solenoid Sales Market Share, 2019-2030
4.4 By Type – Global Starter Solenoid Price (Manufacturers Selling Prices), 2019-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application – Global Starter Solenoid Market Size, 2023 & 2030
5.1.2 Manufacturing Industry
5.1.3 Power Industry
5.1.4 Construction
5.1.5 Other (e.g. Mining,Metallurgy)
5.2 By Application – Global Starter Solenoid Revenue & Forecasts
5.2.1 By Application – Global Starter Solenoid Revenue, 2019-2024
5.2.2 By Application – Global Starter Solenoid Revenue, 2025-2030
5.2.3 By Application – Global Starter Solenoid Revenue Market Share, 2019-2030
5.3 By Application – Global Starter Solenoid Sales & Forecasts
5.3.1 By Application – Global Starter Solenoid Sales, 2019-2024
5.3.2 By Application – Global Starter Solenoid Sales, 2025-2030
5.3.3 By Application – Global Starter Solenoid Sales Market Share, 2019-2030
5.4 By Application – Global Starter Solenoid Price (Manufacturers Selling Prices), 2019-2030
6 Sights by Region
6.1 By Region – Global Starter Solenoid Market Size, 2023 & 2030
6.2 By Region – Global Starter Solenoid Revenue & Forecasts
6.2.1 By Region – Global Starter Solenoid Revenue, 2019-2024
6.2.2 By Region – Global Starter Solenoid Revenue, 2025-2030
6.2.3 By Region – Global Starter Solenoid Revenue Market Share, 2019-2030
6.3 By Region – Global Starter Solenoid Sales & Forecasts
6.3.1 By Region – Global Starter Solenoid Sales, 2019-2024
6.3.2 By Region – Global Starter Solenoid Sales, 2025-2030
6.3.3 By Region – Global Starter Solenoid Sales Market Share, 2019-2030
6.4 North America
6.4.1 By Country – North America Starter Solenoid Revenue, 2019-2030
6.4.2 By Country – North America Starter Solenoid Sales, 2019-2030
6.4.3 US Starter Solenoid Market Size, 2019-2030
6.4.4 Canada Starter Solenoid Market Size, 2019-2030
6.4.5 Mexico Starter Solenoid Market Size, 2019-2030
6.5 Europe
6.5.1 By Country – Europe Starter Solenoid Revenue, 2019-2030
6.5.2 By Country – Europe Starter Solenoid Sales, 2019-2030
6.5.3 Germany Starter Solenoid Market Size, 2019-2030
6.5.4 France Starter Solenoid Market Size, 2019-2030
6.5.5 U.K. Starter Solenoid Market Size, 2019-2030
6.5.6 Italy Starter Solenoid Market Size, 2019-2030
6.5.7 Russia Starter Solenoid Market Size, 2019-2030
6.5.8 Nordic Countries Starter Solenoid Market Size, 2019-2030
6.5.9 Benelux Starter Solenoid Market Size, 2019-2030
6.6 Asia
6.6.1 By Region – Asia Starter Solenoid Revenue, 2019-2030
6.6.2 By Region – Asia Starter Solenoid Sales, 2019-2030
6.6.3 China Starter Solenoid Market Size, 2019-2030
6.6.4 Japan Starter Solenoid Market Size, 2019-2030
6.6.5 South Korea Starter Solenoid Market Size, 2019-2030
6.6.6 Southeast Asia Starter Solenoid Market Size, 2019-2030
6.6.7 India Starter Solenoid Market Size, 2019-2030
6.7 South America
6.7.1 By Country – South America Starter Solenoid Revenue, 2019-2030
6.7.2 By Country – South America Starter Solenoid Sales, 2019-2030
6.7.3 Brazil Starter Solenoid Market Size, 2019-2030
6.7.4 Argentina Starter Solenoid Market Size, 2019-2030
6.8 Middle East & Africa
6.8.1 By Country – Middle East & Africa Starter Solenoid Revenue, 2019-2030
6.8.2 By Country – Middle East & Africa Starter Solenoid Sales, 2019-2030
6.8.3 Turkey Starter Solenoid Market Size, 2019-2030
6.8.4 Israel Starter Solenoid Market Size, 2019-2030
6.8.5 Saudi Arabia Starter Solenoid Market Size, 2019-2030
6.8.6 UAE Starter Solenoid Market Size, 2019-2030
7 Manufacturers & Brands Profiles
7.1 Omron
7.1.1 Omron Company Summary
7.1.2 Omron Business Overview
7.1.3 Omron Starter Solenoid Major Product Offerings
7.1.4 Omron Starter Solenoid Sales and Revenue in Global (2019-2024)
7.1.5 Omron Key News & Latest Developments
7.2 IDEM Inc
7.2.1 IDEM Inc Company Summary
7.2.2 IDEM Inc Business Overview
7.2.3 IDEM Inc Starter Solenoid Major Product Offerings
7.2.4 IDEM Inc Starter Solenoid Sales and Revenue in Global (2019-2024)
7.2.5 IDEM Inc Key News & Latest Developments
7.3 Siemens
7.3.1 Siemens Company Summary
7.3.2 Siemens Business Overview
7.3.3 Siemens Starter Solenoid Major Product Offerings
7.3.4 Siemens Starter Solenoid Sales and Revenue in Global (2019-2024)
7.3.5 Siemens Key News & Latest Developments
7.4 Schneider Electric
7.4.1 Schneider Electric Company Summary
7.4.2 Schneider Electric Business Overview
7.4.3 Schneider Electric Starter Solenoid Major Product Offerings
7.4.4 Schneider Electric Starter Solenoid Sales and Revenue in Global (2019-2024)
7.4.5 Schneider Electric Key News & Latest Developments
7.5 Schmersal
7.5.1 Schmersal Company Summary
7.5.2 Schmersal Business Overview
7.5.3 Schmersal Starter Solenoid Major Product Offerings
7.5.4 Schmersal Starter Solenoid Sales and Revenue in Global (2019-2024)
7.5.5 Schmersal Key News & Latest Developments
7.6 ABB
7.6.1 ABB Company Summary
7.6.2 ABB Business Overview
7.6.3 ABB Starter Solenoid Major Product Offerings
7.6.4 ABB Starter Solenoid Sales and Revenue in Global (2019-2024)
7.6.5 ABB Key News & Latest Developments
7.7 KSS
7.7.1 KSS Company Summary
7.7.2 KSS Business Overview
7.7.3 KSS Starter Solenoid Major Product Offerings
7.7.4 KSS Starter Solenoid Sales and Revenue in Global (2019-2024)
7.7.5 KSS Key News & Latest Developments
7.8 Johnson Electric
7.8.1 Johnson Electric Company Summary
7.8.2 Johnson Electric Business Overview
7.8.3 Johnson Electric Starter Solenoid Major Product Offerings
7.8.4 Johnson Electric Starter Solenoid Sales and Revenue in Global (2019-2024)
7.8.5 Johnson Electric Key News & Latest Developments
7.9 Euchner
7.9.1 Euchner Company Summary
7.9.2 Euchner Business Overview
7.9.3 Euchner Starter Solenoid Major Product Offerings
7.9.4 Euchner Starter Solenoid Sales and Revenue in Global (2019-2024)
7.9.5 Euchner Key News & Latest Developments
7.10 Telemecanique
7.10.1 Telemecanique Company Summary
7.10.2 Telemecanique Business Overview
7.10.3 Telemecanique Starter Solenoid Major Product Offerings
7.10.4 Telemecanique Starter Solenoid Sales and Revenue in Global (2019-2024)
7.10.5 Telemecanique Key News & Latest Developments
7.11 Allen Bradley
7.11.1 Allen Bradley Company Summary
7.11.2 Allen Bradley Business Overview
7.11.3 Allen Bradley Starter Solenoid Major Product Offerings
7.11.4 Allen Bradley Starter Solenoid Sales and Revenue in Global (2019-2024)
7.11.5 Allen Bradley Key News & Latest Developments
7.12 Banner
7.12.1 Banner Company Summary
7.12.2 Banner Business Overview
7.12.3 Banner Starter Solenoid Major Product Offerings
7.12.4 Banner Starter Solenoid Sales and Revenue in Global (2019-2024)
7.12.5 Banner Key News & Latest Developments
7.13 Pilz
7.13.1 Pilz Company Summary
7.13.2 Pilz Business Overview
7.13.3 Pilz Starter Solenoid Major Product Offerings
7.13.4 Pilz Starter Solenoid Sales and Revenue in Global (2019-2024)
7.13.5 Pilz Key News & Latest Developments
7.14 Bernstein Safety
7.14.1 Bernstein Safety Company Summary
7.14.2 Bernstein Safety Business Overview
7.14.3 Bernstein Safety Starter Solenoid Major Product Offerings
7.14.4 Bernstein Safety Starter Solenoid Sales and Revenue in Global (2019-2024)
7.14.5 Bernstein Safety Key News & Latest Developments
7.15 Mecalectro
7.15.1 Mecalectro Company Summary
7.15.2 Mecalectro Business Overview
7.15.3 Mecalectro Starter Solenoid Major Product Offerings
7.15.4 Mecalectro Starter Solenoid Sales and Revenue in Global (2019-2024)
7.15.5 Mecalectro Key News & Latest Developments
8 Global Starter Solenoid Production Capacity, Analysis
8.1 Global Starter Solenoid Production Capacity, 2019-2030
8.2 Starter Solenoid Production Capacity of Key Manufacturers in Global Market
8.3 Global Starter Solenoid Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Starter Solenoid Supply Chain Analysis
10.1 Starter Solenoid Industry Value Chain
10.2 Starter Solenoid Upstream Market
10.3 Starter Solenoid Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Starter Solenoid Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer