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Motorcycle Start-stop System Market Report Overview
The global Motorcycle Start-stop System market size was USD 3020.4 million in 2022, as per research the market is expected to generate the USD 7219.71 million by 2031, growing at a CAGR of 10.2% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the Motorcycle Start-stop System market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
An automobile technology known as a motorbike start-stop system automatically shuts off and restarts the engine. The engine turns off when the car comes to a halt; it restarts when the accelerator pedal is depressed. This technology's goal is to decrease engine idle time in order to increase fuel efficiency. A motorcycle start-stop system is an anti-idling technology that stops the internal combustion engine as soon as the vehicle comes to a stop in a traffic congestion and resumes the engine once the vehicle is underway. It is based on the clever combination of engine, brake, and battery management. This device is highly useful in cutting down on excessive gasoline use and motorbike idling, which helps to increase the lifespan and fuel economy of the vehicle. It has been demonstrated that a motorbike start-stop technology reduces exhaust emissions.
The popularity of motorbikes as a source of transportation and a form of pleasure is one of the reasons driving the growth of the motorcycle start-stop system market. Moreover, big economies like China and India have seen increases in disposable income levels, which are encouraging individuals to purchase luxury motorcycles in addition to cars. Demand for goods and services will increase throughout the predicted period due to rising concern over environmental pollution brought on by an increase in the number of vehicles on the road (2019–2030).
COVID-19 Impact: COVID 19 Outbreak's Causing Disruptions In Manufacturing Limiting Market Growth
Due to the original COVID 19 outbreak's disruption of the whole ecosystem, the manufacture and sales of new cars have stopped in all countries. OEMs' operations were hampered by the need to delay manufacturing until lockdowns were removed. As a result, automakers had to change the amount of output. Moreover, component production was halted, and tiny Tier II and Tier III manufacturers experienced cash flow problems. Because it requires so much cash to operate, the automobile sector frequently needs finance. As a result, the halt of manufacturing during the early stages of the pandemic and decreased demand had an extraordinary effect on the production of vehicles and their components.
Latest Trends
"Start-Stop Technology More Automobiles Leading Market Expansion"
Standard fuel efficiency in conventional or hybrid electric cars is aided by engine start-stop. The need for start-stop systems has increased as a result of the rise in hybrid car manufacturing, government incentives to encourage the purchase of hybrid vehicles, and the growing usage of hybrid vehicles. Ultracapacitors are currently being adopted by OEMs for engine start-stop. For instance, the voltage stabilisation system (VSS) was included as a standard feature in the 2016 Cadillac ATS, CTS sedans, and ATS coupes by Continental Automotive Systems' Maxwell Technologies (excluding the ATS-V, CTS-V, and CT6 models). General Motors introduced the Continental ultracapacitor-based VSS in car models with a start-stop feature in 2015, making it the first North American automotive OEM to do so.
Motorcycle Start-stop System Market Segmentation
- By Type Analysis
According to type, the market can be segmented into Direct Starter, Enhanced Starter, Others, Motorcycle Start-stop System. Direct Starter is anticipated to be the leading segment.
- By Application Analysis
Based on application, the market can be divided into Sports Motorcycle, Cruiser Motorcycle, Scooter, Others. Sports Motorcycle will be the dominating segment.
Driving Factors
"Increased Use Of Hybrid Cars Fuel The Market Growth"
The ICE, which runs on fuels including petrol, diesel, ethanol, and compressed natural gas, is the main source of vehicle propulsion (CNG). The demand for hybrid cars is driven by the need for emissions reduction, improved air quality, and energy security. The powertrain, the power supply system, and the vehicle control systems are all impacted by the hybridization of automobiles. The configuration needed for VVT & start-stop systems is present in hybrid automobiles. A starter, alternator, battery, and electronic control unit are part of the system (ECU). Moreover, among the most promising vehicle types for reduced emissions are hybrid and CNG automobiles. Growth in these markets would guarantee steady demand for fuel-efficient parts and systems like VVT and start-stop systems. Because to the rising demand for hybrid and other alternative fuel ICE cars, the VVT & start-stop system market will therefore continue to rise steadily despite the rapid expansion of electric vehicles. Thus, it is anticipated that the rising demand for hybrid cars would increase output of VVT and start-stop systems.
Restraining Factors
"High Expense Of Upkeep Hindering Market Growth"
The biggest issue for users of motorbike start-stop systems is high maintenance costs. These systems are part of the vital parts of an engine that need sufficient lubrication and appropriate upkeep. The starting motor and engine ignition are two more major consumers of battery power in the start-stop system. This causes the battery to discharge several hundred times each day, increasing the requirement for system and battery maintenance. Also, until variables like contaminated gasoline or those connected to erratic maintenance of the vehicle come into play, motorcycle start-stop systems have a very high shelf life and are less likely to need repair. This has an impact on the aftermarket for these systems and only allows Manufacturers to sell them.
Motorcycle Start-stop System Market Regional Insights
"Asia Pacific Anticipated to be Largest Market Over The Projection Period "
Due to rising vehicle production in Japan, China, and India, Asia Pacific is the region with the greatest market for VVT & start-stop system systems. Due to the growing production of automobiles with VVT systems, the area has the biggest global share of VVT systems. India's demand for VVT systems for diesel engines is on the rise as a result of the country's rising preference for diesel-powered automobiles. The demand for luxury sector passenger automobiles has also increased as socioeconomic conditions in Asian nations like India, Thailand, and Indonesia have improved. This has caused the market for VVT & start-stop systems in these nations to grow more quickly. Due to a number of advantages, including easy access to skilled labour, modern equipment, lax environmental and safety regulations, increased FDI for the automotive industry in nations like India, South Korea, and China, as well as the rising demand for vehicles, many automotive manufacturers are concentrating on the Asia Pacific region.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Hero Motocorp (India)
- Honda (Japan)
- SKF (Sweden)
- Yamaha Motor (Japan)
- Bosch (India)
- Shindengen (Japan)
- TE Connectivity (Switzerland)
- Shindengen Electric Manufacturing (Japan)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 3020.4 Million in 2022 |
Market Size Value By |
US$ 7219.71 Million by 2031 |
Growth Rate |
CAGR of 10.2% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What are the key factors driving the Motorcycle Start-stop System market?
The growing need for mobile-friendly websites is also anticipated to fuel the growth of the are the key players in the Motorcycle Start-stop System industry.
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What is the leading region in the Motorcycle Start-stop System market?
North America is the leading region in the Motorcycle Start-stop System market.
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What are the key players in the Motorcycle Start-stop System market?
Hero Motocorp, Honda, SKF, Yamaha Motor, Bosch, Shindengen, TE Connectivity, Shindengen Electric Manufacturing are the key players in the Motorcycle Start-stop System market.