Product Code: IRTNTR30618
About this market:
Improvement in performance of low-displacement two-wheelers to drive growth in the market. Two-wheeler manufacturers are developing and launching new and powerful models of scooters and motorcycles to penetrate and utilize the higher purchasing power of the population in the emerging markets in APAC. They will be performing certain changes in the internal components like starter motors to improve performance. Technavio's analysts have predicted that the two-wheeler starter motor market will register a CAGR of almost 8% by 2023.
Market Overview:
Increasing popularity of two-wheeler events and activities
The increasing popularity of motorcycles events and two-wheeler touring activities is expected to drive the sales and production of two-wheelers in mature two-wheeler markets like Europe. Exhibitions are used as an effective way by two-wheeler manufacturers to showcase new vehicle models or certain technological innovations, which may incite future purchases.
Growth of the motorcycle and scooter rental market
The increasing launch of rental services for motorcycles and scooters poses a significant challenge to the sales of two-wheelers as potential buyers do not need to invest significant funding in purchasing a two-wheeler, but they can rather spend a fraction of the cost to hire a scooter or a motorcycle for fulfilling their need for commute. Two-wheelers are mainly used for commuting over short distances, which can be fulfilled by renting a vehicle.
For the detailed list of factors that will drive and challenge the growth of the two-wheeler starter motor market during the 2019-2023, view our report.
Competitive Landscape:
The market appears to be fragmented and with the presence of several companies including Varroc Group and Zhejiang Haiwei Electric Appliances the competitive environment is quite intense. Factors such as the increasing popularity of two-wheeler events and activities and the improvement in performance of low-displacement two-wheelers, will provide considerable growth opportunities to two-wheeler starter motor manufactures. BRISE Starter Motors & Alternators, Lucas TVS, Mitsuba, Varroc Group, and Zhejiang Haiwei Electric Appliances are some of the major companies covered in this report.
TABLE OF CONTENTS
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1. Preface
- 2.2. Preface
- 2.3. Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Motorcycles - Market size and forecast 2018-2023
- Scooters - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Market trends
PART 10: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 11: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- BRISE Starter Motors & Alternators
- Lucas TVS
- Mitsuba
- Varroc Group
- Zhejiang Haiwei Electric Appliances
PART 12: APPENDIX
- Research methodology
- List of abbreviations
PART 13: EXPLORE TECHNAVIO
List of Exhibits
- Exhibit 01: Global automotive components market
- Exhibit 02: Segments of global automotive components market
- Exhibit 03: Market characteristics
- Exhibit 04: Market segments
- Exhibit 05: Market definition - Inclusions and exclusions checklist
- Exhibit 06: Market size 2018
- Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
- Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
- Exhibit 09: Five forces analysis 2018
- Exhibit 10: Five forces analysis 2023
- Exhibit 11: Bargaining power of buyers
- Exhibit 12: Bargaining power of suppliers
- Exhibit 13: Threat of new entrants
- Exhibit 14: Threat of substitutes
- Exhibit 15: Threat of rivalry
- Exhibit 16: Market condition - Five forces 2018
- Exhibit 17: Application - Market share 2018-2023 (%)
- Exhibit 18: Comparison by application
- Exhibit 19: Motorcycles - Market size and forecast 2018-2023 ($ millions)
- Exhibit 20: Motorcycles - Year-over-year growth 2019-2023 (%)
- Exhibit 21: Scooters - Market size and forecast 2018-2023 ($ millions)
- Exhibit 22: Scooters - Year-over-year growth 2019-2023 (%)
- Exhibit 23: Market opportunity by application
- Exhibit 24: Customer landscape
- Exhibit 25: Market share by geography 2018-2023 (%)
- Exhibit 26: Geographic comparison
- Exhibit 27: APAC - Market size and forecast 2018-2023 ($ millions)
- Exhibit 28: APAC - Year-over-year growth 2019-2023 (%)
- Exhibit 29: Americas - Market size and forecast 2018-2023 ($ millions)
- Exhibit 30: Americas - Year-over-year growth 2019-2023 (%)
- Exhibit 31: EMEA - Market size and forecast 2018-2023 ($ millions)
- Exhibit 32: EMEA - Year-over-year growth 2019-2023 (%)
- Exhibit 33: Key leading countries
- Exhibit 34: Market opportunity
- Exhibit 35: Impact of drivers and challenges
- Exhibit 36: Vendor landscape
- Exhibit 37: Landscape disruption
- Exhibit 38: Vendors covered
- Exhibit 39: Vendor classification
- Exhibit 40: Market positioning of vendors
- Exhibit 41: BRISE Starter Motors & Alternators - Vendor overview
- Exhibit 42: BRISE Starter Motors & Alternators - Product segments
- Exhibit 43: BRISE Starter Motors & Alternators - Key offerings
- Exhibit 44: Lucas TVS - Vendor overview
- Exhibit 45: Lucas TVS - Product segments
- Exhibit 46: Lucas TVS - Organizational developments
- Exhibit 47: Lucas TVS - Key offerings
- Exhibit 48: Mitsuba - Vendor overview
- Exhibit 49: Mitsuba - Business segments
- Exhibit 50: Mitsuba - Organizational developments
- Exhibit 51: Mitsuba - Geographic focus
- Exhibit 52: Mitsuba - Segment focus
- Exhibit 53: Mitsuba - Key offerings
- Exhibit 54: Varroc Group - Vendor overview
- Exhibit 55: Varroc Group - Product segments
- Exhibit 56: Varroc Group - Organizational developments
- Exhibit 57: Varroc Group - Key offerings
- Exhibit 58: Zhejiang Haiwei Electric Appliances - Vendor overview
- Exhibit 59: Zhejiang Haiwei Electric Appliances - Product segments
- Exhibit 60: Zhejiang Haiwei Electric Appliances - Key offerings
- Exhibit 61: Validation techniques employed for market sizing
