The United States leads global exports of starter motors, accounting for 16.09% of the market, followed by Mexico (13.13%) and Japan (12.03%). Notable market share increases in 2023 include China (3.58% growth) and the Czech Republic (10.37%). Conversely, countries like Japan and Germany experienced slight declines in their export shares. Emerging markets like Azerbaijan and Ecuador saw significant growth, with over 100% increases, highlighting shifts within smaller regions.
Future trends to watch include the impact of technological advancements in vehicle electrification and automation, which could shift demand patterns for starter motors, potentially benefiting countries with advanced production capabilities and innovation in green technologies.
Top countries in Export of Starter Motors Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 16.09 | 2023 | +3.14% | +3.43% | View data |
| 2 | 2 Mexico | 13.13 | 2023 | +3.07% | +3.12% | View data |
| 3 | 3 Japan | 12.03 | 2023 | +0.56% | -1.36% | View data |
| 4 | 4 China | 11.58 | 2023 | +3.05% | +3.58% | View data |
| 5 | 5 Germany | 8.47 | 2023 | +1.89% | +1.65% | View data |
| 6 | 6 Hungary | 6.39 | 2023 | +0.91% | +0.54% | View data |
| 7 | 7 United Kingdom | 4.7 | 2023 | +4.41% | +2.81% | View data |
| 8 | 8 Poland | 3.67 | 2023 | +2.05% | +0.82% | View data |
| 9 | 9 Czech Republic | 3.67 | 2023 | +5.19% | +10.37% | View data |
| 10 | 10 France | 3.33 | 2023 | +0.32% | -0.33% | View data |
