Start Stop Technology Market Expected to Reach $3.5 Billion by 2032—Allied Market Research

According to a new report published by Allied Market Research, titled, “Start Stop Technology Market," The start stop technology market size was valued at $1.8 billion in 2022, and is estimated to reach $3.5 billion by 2032, growing at a CAGR of 7.7% from 2023 to 2032.

Start-stop technology, also known as idle-stop or micro-hybrid technology, is a key development in the automobile industry that aims to improve fuel efficiency while minimizing environmental effect. During short pauses, such as traffic lights or momentary halts, this unique mechanism automatically shuts off and restarts the engine, reducing fuel consumption and pollutants. The idea is based on the fact that typical internal combustion engines frequently idle unnecessarily, wasting fuel and emitting pollutants into the atmosphere. The primary idea behind start-stop technology is the automated stopping of the engine when the vehicle comes to a halt, followed by a quick restart when the driver releases the brake pedal or presses the accelerator.

One of the key benefits driving start-stop technology adoption is its significant influence on fuel efficiency. Automotive start-stop systems reduce wasteful fuel usage during idle times by temporarily shutting off the engine when the vehicle is stopped, such as at traffic signals or in heavy traffic. This seemingly simple operation results in significant fuel savings over time. According to studies, start-stop technology can improve fuel efficiency by 3% to 10%, depending on driving circumstances and vehicle type. This not only saves the car owner money, but it also coincides with worldwide initiatives to reduce dependency on fossil fuels and lessen the environmental effect of combustion engines. Furthermore, developments in battery technology have significantly improved the effectiveness of start-stop systems. High-performance batteries with greater endurance and rapid-charging capabilities guarantee that the additional load on the battery is efficiently managed during repeated starts and pauses. This has reduced worries about the possible load on the vehicle's electrical system, hence improving the overall dependability of start-stop technology.

The engine's continual stopping and restarting might result in a less-than-smooth driving experience. The time between releasing the brake pedal and the engine restarting might cause perceptible lag, which can be uncomfortable for certain drivers. This delay, known as ‘turbo lag,’ in the context of turbocharged engines, can be especially noticeable in start-stop systems, impacting both acceleration and overall responsiveness. This disadvantage may balance the fuel economy savings for those who value a smooth and quick driving experience. The performance of start-stop systems can also be affected by the weather. In exceptionally hot or cold conditions, the engine may need to operate continually to keep various components at appropriate temperatures. This can render the start-stop capability ineffective and reduce potential fuel savings. In cold weather, the system may need to restart the engine more frequently to power vital components and maintain a comfortable interior temperature, reducing fuel economy.

Start-stop technology creates an array of new business prospects. Reduced gasoline use results in immediate cost reductions for both individuals and companies. Vehicle fleets ranging from delivery trucks to bus lines stand to achieve significant operational efficiency, resulting in decreased operating costs and, as a result, increased profitability. Furthermore, the reduced reliance on traditional fuel sources is consistent with the rising trend towards renewable energy, which might serve as an aid for the development and use of alternative fuels in the transportation industry. Furthermore, the emergence of start-stop technology has stimulated R&D in related fields as well, resulting in a surge in innovation. Automotive start-stop systems employ complex algorithms and sensors to handle the engine's shutdown and restart in real time, pushing the boundaries of automation and intelligent systems. Automotive energy efficiency, especially in the Start-Stop technology, plays a crucial role in improving fuel efficiency and reducing environmental impact. Some vehicles combine Start-Stop technology with hybrid systems to further enhance automotive energy efficiency. Hybrid systems can assist in capturing and storing energy during braking or deceleration, which can then be used to power electrical components or assist in acceleration.

The start stop technology market segmentation on the basis of type, application, and region. By type, it is classified into belt-driven alternator starter (BAS) integrated starter generator (ISG), direct starter, and integrated starter generator. By application, it is segmented into passenger car and commercial car. By region, the market is analyzed across North America, Europe, Asia-Pacific, and Latin America.

The key players profiled in the start stop technology market analysis report include Valeo, Robert Bosch GmbH, Continental AG, DENSO CORPORATION, Mitsubishi Electric Corporation, BorgWarner Inc., AISIN SEIKI Co., Ltd., Delphi Automotive LLP, Johnson Controls, and Hitachi Automotive Systems, Ltd.

The report offers a comprehensive analysis of the global start stop technology market demand by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market. The report also highlights the present scenario and upcoming trends & developments that are contributing toward the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.

Impact of COVID-19 on the Global Start Stop Technology Industry

• The automobile sector had a substantial slowdown in the early months of the pandemic, as lockdowns, supply chain delays, and economic uncertainty led to a dramatic fall in customer demand for new vehicles. As manufacturers faced cost restrictions and prioritized fundamental functionality over innovative features, this provided a difficulty for the integration and uptake of start-stop technology.

• The slowdown in production and sales hindered the adoption of start-stop systems, resulting in a temporary setback for a technology that is capable of achieving strict emission standards.

• Furthermore, the pandemic highlighted the importance of supply chain resilience. The interruptions induced by the global health crisis encouraged a reevaluation of automotive supply chain strategies.

Key Findings of the Study

• Based on type, the belt-driven alternator starter (BAS) sub-segment emerged as the global leader in 2022 and the integrated starter generator (ISG) sub-segment is anticipated to be the fastest growing during the forecast period.
• Based on application, the passenger car sub-segment emerged as the global leader in 2022 and the commercial car sub-segment is predicted to show the fastest growth in the upcoming years.
• Based on region, Europe registered the highest start stop technology market share in 2022 and is projected to maintain its position during the start stop technology market growth projections period.