The European market for starter motors and dual-purpose starter-generators, as well as generators and equipment for internal combustion engines, saw Romania lead production in 2023 with 1.8531 billion Euros. Meanwhile, Hungary, France, Germany, and Spain followed in ranking. The market displayed varied growth, with France experiencing the highest increase of 7.41%, while Germany saw a decline of -1.37%. Over five years, notable growth trajectories were seen in Romania and Hungary, while Portugal struggled with diminishing production levels. Continuous technological advancements and shifts towards sustainable energy will likely shape the future of this industry in Europe.
Future trends to watch:
- The shift towards electrification and hybrid technologies, which may influence the demand and production of these components.
- Possibilities of increased investments in research and development to enhance efficiency and reduce emissions.
- Regional production shifts driven by policy changes or economic incentives promoting sustainable automotive practices.
- The impact of global supply chain dynamics and potential trade agreements on production capabilities and competitive positioning in Europe.
Top countries in Sold Production of Starter Motors and Dual-Purpose Starter-Generators, Generators and Equipment for Internal Combustion Engines by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 1,853,100,000 | 2023 | +5.2% | +3.76% | View data |
| 2 | 2 Hungary | 474,690,000 | 2023 | +3.17% | +2.34% | View data |
| 3 | 3 France | 369,670,000 | 2023 | +11.29% | +7.41% | View data |
| 4 | 4 Germany | 209,360,000 | 2023 | +5.97% | -1.37% | View data |
| 5 | 5 Spain | 173,210,000 | 2023 | +12.34% | +3.83% | View data |
| 6 | 6 Portugal | 68,317,000 | 2023 | +17.98% | -3.06% | View data |
| 7 | 7 Italy | 39,802,000 | 2023 | -5.68% | +3.1% | View data |
| 8 | 8 Bulgaria | 7,260,500 | 2023 | +4.06% | +6.27% | View data |
| 9 | 9 Lithuania | 3,428,500 | 2023 | +5.34% | +4.18% | View data |
