48V 벨트 구동 스타터 발전기 시장 : 차량 유형별, 기술별, 구성 요소별, 용도별, 최종 사용자별, 지역별 세계 동향 분석, 경쟁 구도 및 예측(2019-2031년)

Global 48V Belt-driven Starter Generator (BSG) Market to Cross USD 1.3 Billion by 2031

Global 48V Belt-driven Starter Generator (BSG) Market is flourishing because of the stricter emission regulations and a growing demand for mild hybrid electric vehicles (MHEVs).

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global 48V Belt-driven Starter Generator (BSG) Market size at USD 738.40 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Global 48V Belt-driven Starter Generator (BSG) Market size to expand at a CAGR of 10.70% reaching a value of USD 1,340.05 million by 2031. A spurring demand for hybrid cars and the expanding availability of these generators in aftermarkets are two of the main drivers of Global 48V Belt-driven Starter Generator (BSG) Market. Additionally, the stricter emission standards are encouraging automakers to use efficient technology like belt starter generators. Additionally, it is projected that during the forecast period, the development of efficient and compact BSG systems along with technological advancements will offer Global 48V Belt-driven Starter Generator (BSG) Market lucrative growth opportunities.

Opportunity - Increasing Focus on Fuel Efficiency and Cost-Effective Electrification Solution

The increasing cost of fuel is directly influencing the need for fuel efficiency in vehicles, which is emerging as a major growth factor for Global 48V Belt-driven Starter Generator (BSG) Market. Consumers are also increasingly becoming aware of the long-term benefits of BSG systems and are willing to pay prices for it. The 48V system allows for fuel savings and reduced emissions, improving overall vehicle efficiency without significantly increasing the vehicle's retail price. These systems leverage smaller batteries, making them more affordable for manufacturers to produce and consumers to purchase.

Impact of Escalating Geopolitical Tensions on Global 48V Belt-driven Starter Generator (BSG) Market

Intensifying geopolitical tensions may disrupt the growth of Global 48V Belt-driven Starter Generator (BSG) Market. The manufacturing of 48V BSG systems depends on an array of crucial parts, including power electronics and electric motors. Many of these parts are sourced from countries like China, Taiwan, and Russia that have uncertain geopolitical situations. Growing tensions, such trade wars or regional conflicts, cause supply chain disruptions and raw material shortages, which ultimately cause production delays and cost increases. Energy price increases can also result from these conflicts, especially in areas that produce energy, such as Russia-Ukraine war. Higher energy prices result in higher manufacturing costs since energy-intensive procedures are needed to produce BSG systems.

OEMs Hold Larger Share of Global 48V BSG Market

The OEMs segment accounts for a higher market share of Global 48V Belt-driven Starter Generator (BSG) Market, owing to the expanding production of hybrid vehicles. The demand for hybrid cars is being driven by customers' growing disposable income and growing environmental concern. In addition, increased fuel economy, growing fuel costs, and a dearth of public charging stations are driving the market for hybrid cars. It is driving the need for 48V belt-driven starter generators (BSG), and OEMs are increasing their manufacturing capacity to satisfy the growing demand. The high cost of original automotive parts and the regular maintenance required for hybrid cars, however, are expected to propel the growth of aftermarket segment over the forecast period.

Asia Pacific Leads Global 48V BSG Market

With a large output of hybrid vehicles, Asia Pacific leads Global 48V Belt-driven Starter Generator (BSG) Market. Globally, China leads the manufacture of hybrid vehicles, but Japan has the largest fleet of hybrid electric vehicles. North America is expanding at a significant rate, second only to Asia Pacific, owing to stricter rules regarding carbon emissions and technology improvements.

Competitive Landscape

The major industry players of Global 48V Belt-driven Starter Generator (BSG) Market include Bosch, Continental, Valeo, Denso, BorgWarner, ZF Friedrichshafen, Nidec, Mitsubishi Electric, Hitachi Automotive Systems, Kyocera Corporation, Schaeffler Group, and Vitesco Technologies. The presence of high number of companies intensify the market competition as they compete to gain a significant market share. These companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches to further enhance their market share.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and Global 48V Belt-driven Starter Generator (BSG) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global 48V Belt-driven Starter Generator (BSG) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

1. Research Framework

• 1.1. Research Objective
• 1.2. Product Overview
• 1.3. Market Segmentation

2. Executive Summary

3. Global 48V Belt-driven Starter Generator (BSG) Market Insights

• 3.1. Industry Value Chain Analysis
• 3.2. DROC Analysis
  • 3.2.1. Growth Drivers
    • 3.2.1.1. Stricter Emission Regulations
    • 3.2.1.2. Rising Fuel Costs
    • 3.2.1.3. Growing Demand for Mild Hybrid Electric Vehicles (MHEVs)
  • 3.2.2. Restraints
    • 3.2.2.1. High Initial Cost
    • 3.2.2.2. Complex Integration
  • 3.2.3. Opportunities
    • 3.2.3.1. Enhanced Vehicle Performance
    • 3.2.3.2. Increased Adoption of Advanced Driver Assistance Systems (ADAS)
  • 3.2.4. Challenges
    • 3.2.4.1. Limited Range and Power Output
    • 3.2.4.2. Infrastructure Challenges
• 3.3. Technological Advancements/Recent Developments
• 3.4. Regulatory Framework
• 3.5. Porter's Five Forces Analysis
  • 3.5.1. Bargaining Power of Suppliers
  • 3.5.2. Bargaining Power of Buyers
  • 3.5.3. Threat of New Entrants
  • 3.5.4. Threat of Substitutes
  • 3.5.5. Intensity of Rivalry

4. Global 48V Belt-driven Starter Generator (BSG) Market: Marketing Strategies

5. Global 48V Belt-driven Starter Generator (BSG) Market Overview

• 5.1. Market Size & Forecast, 2019-2031
  • 5.1.1. By Value (USD Million)
• 5.2. Market Share & Forecast
  • 5.2.1. By Vehicle Type
    • 5.2.1.1. Passenger Cars
    • 5.2.1.2. Light Commercial Vehicles (LCVs)
    • 5.2.1.3. Heavy Commercial Vehicles (HCVs)
  • 5.2.2. By Technology
    • 5.2.2.1. Motor-Generator Units
    • 5.2.2.2. Integrated Motor Assist (IMA)
    • 5.2.2.3. Stop-Start Systems
  • 5.2.3. By Component
    • 5.2.3.1. Electric Motor
    • 5.2.3.2. Power Electronics
    • 5.2.3.3. Energy Storage System
    • 5.2.3.4. Belt Drive System
  • 5.2.4. By Application
    • 5.2.4.1. Mild Hybrid Vehicles (MHEVs)
    • 5.2.4.2. Full Hybrid Vehicles
  • 5.2.5. By End User
    • 5.2.5.1. OEMs (Original Equipment Manufacturers)
    • 5.2.5.2. Aftermarket
  • 5.2.6. By Region
    • 5.2.6.1. North America
    • 5.2.6.2. Europe
    • 5.2.6.3. Asia Pacific (APAC)
    • 5.2.6.4. Latin America (LATAM)
    • 5.2.6.5. Middle East and Africa (MEA)

6. North America 48V Belt-driven Starter Generator (BSG) Market

• 6.1. Market Size & Forecast, 2019-2031
  • 6.1.1. By Value (USD Million)
• 6.2. Market Share & Forecast
  • 6.2.1. By Vehicle Type
  • 6.2.2. By Technology
  • 6.2.3. By Component
  • 6.2.4. By Application
  • 6.2.5. By End User
  • 6.2.6. By Country
    • 6.2.6.1. United States
    • 6.2.6.1.1. By Vehicle Type
    • 6.2.6.1.2. By Technology
    • 6.2.6.1.3. By Component
    • 6.2.6.1.4. By Application
    • 6.2.6.1.5. By End User
    • 6.2.6.2. Canada
    • 6.2.6.2.1. By Vehicle Type
    • 6.2.6.2.2. By Technology
    • 6.2.6.2.3. By Component
    • 6.2.6.2.4. By Application
    • 6.2.6.2.5. By End User

7. Europe 48V Belt-driven Starter Generator (BSG) Market

• 7.1. Market Size & Forecast, 2019-2031
  • 7.1.1. By Value (USD Million)
• 7.2. Market Share & Forecast
  • 7.2.1. By Vehicle Type
  • 7.2.2. By Technology
  • 7.2.3. By Component
  • 7.2.4. By Application
  • 7.2.5. By End User
  • 7.2.6. By Country
    • 7.2.6.1. Germany
    • 7.2.6.1.1. By Vehicle Type
    • 7.2.6.1.2. By Technology
    • 7.2.6.1.3. By Component
    • 7.2.6.1.4. By Application
    • 7.2.6.1.5. By End User
    • 7.2.6.2. United Kingdom
    • 7.2.6.2.1. By Vehicle Type
    • 7.2.6.2.2. By Technology
    • 7.2.6.2.3. By Component
    • 7.2.6.2.4. By Application
    • 7.2.6.2.5. By End User
    • 7.2.6.3. Italy
    • 7.2.6.3.1. By Vehicle Type
    • 7.2.6.3.2. By Technology
    • 7.2.6.3.3. By Component
    • 7.2.6.3.4. By Application
    • 7.2.6.3.5. By End User
    • 7.2.6.4. France
    • 7.2.6.4.1. By Vehicle Type
    • 7.2.6.4.2. By Technology
    • 7.2.6.4.3. By Component
    • 7.2.6.4.4. By Application
    • 7.2.6.4.5. By End User
    • 7.2.6.5. Spain
    • 7.2.6.5.1. By Vehicle Type
    • 7.2.6.5.2. By Technology
    • 7.2.6.5.3. By Component
    • 7.2.6.5.4. By Application
    • 7.2.6.5.5. By End User
    • 7.2.6.6. Belgium
    • 7.2.6.6.1. By Vehicle Type
    • 7.2.6.6.2. By Technology
    • 7.2.6.6.3. By Component
    • 7.2.6.6.4. By Application
    • 7.2.6.6.5. By End User
    • 7.2.6.7. Russia
    • 7.2.6.7.1. By Vehicle Type
    • 7.2.6.7.2. By Technology
    • 7.2.6.7.3. By Component
    • 7.2.6.7.4. By Application
    • 7.2.6.7.5. By End User
    • 7.2.6.8. The Netherlands
    • 7.2.6.8.1. By Vehicle Type
    • 7.2.6.8.2. By Technology
    • 7.2.6.8.3. By Component
    • 7.2.6.8.4. By Application
    • 7.2.6.8.5. By End User
    • 7.2.6.9. Rest of Europe
    • 7.2.6.9.1. By Vehicle Type
    • 7.2.6.9.2. By Technology
    • 7.2.6.9.3. By Component
    • 7.2.6.9.4. By Application
    • 7.2.6.9.5. By End User

8. Asia Pacific 48V Belt-driven Starter Generator (BSG) Market

• 8.1. Market Size & Forecast, 2019-2031
  • 8.1.1. By Value (USD Million)
• 8.2. Market Share & Forecast
  • 8.2.1. By Vehicle Type
  • 8.2.2. By Technology
  • 8.2.3. By Component
  • 8.2.4. By Application
  • 8.2.5. By End User
  • 8.2.6. By Country
    • 8.2.6.1. China
    • 8.2.6.1.1. By Vehicle Type
    • 8.2.6.1.2. By Technology
    • 8.2.6.1.3. By Component
    • 8.2.6.1.4. By Application
    • 8.2.6.1.5. By End User
    • 8.2.6.2. India
    • 8.2.6.2.1. By Vehicle Type
    • 8.2.6.2.2. By Technology
    • 8.2.6.2.3. By Component
    • 8.2.6.2.4. By Application
    • 8.2.6.2.5. By End User
    • 8.2.6.3. Japan
    • 8.2.6.3.1. By Vehicle Type
    • 8.2.6.3.2. By Technology
    • 8.2.6.3.3. By Component
    • 8.2.6.3.4. By Application
    • 8.2.6.3.5. By End User
    • 8.2.6.4. South Korea
    • 8.2.6.4.1. By Vehicle Type
    • 8.2.6.4.2. By Technology
    • 8.2.6.4.3. By Component
    • 8.2.6.4.4. By Application
    • 8.2.6.4.5. By End User
    • 8.2.6.5. Australia & New Zealand
    • 8.2.6.5.1. By Vehicle Type
    • 8.2.6.5.2. By Technology
    • 8.2.6.5.3. By Component
    • 8.2.6.5.4. By Application
    • 8.2.6.5.5. By End User
    • 8.2.6.6. Indonesia
    • 8.2.6.6.1. By Vehicle Type
    • 8.2.6.6.2. By Technology
    • 8.2.6.6.3. By Component
    • 8.2.6.6.4. By Application
    • 8.2.6.6.5. By End User
    • 8.2.6.7. Malaysia
    • 8.2.6.7.1. By Vehicle Type
    • 8.2.6.7.2. By Technology
    • 8.2.6.7.3. By Component
    • 8.2.6.7.4. By Application
    • 8.2.6.7.5. By End User
    • 8.2.6.8. Singapore
    • 8.2.6.8.1. By Vehicle Type
    • 8.2.6.8.2. By Technology
    • 8.2.6.8.3. By Component
    • 8.2.6.8.4. By Application
    • 8.2.6.8.5. By End User
    • 8.2.6.9. Vietnam
    • 8.2.6.9.1. By Vehicle Type
    • 8.2.6.9.2. By Technology
    • 8.2.6.9.3. By Component
    • 8.2.6.9.4. By Application
    • 8.2.6.9.5. By End User
    • 8.2.6.10. Rest of APAC
    • 8.2.6.10.1. By Vehicle Type
    • 8.2.6.10.2. By Technology
    • 8.2.6.10.3. By Component
    • 8.2.6.10.4. By Application
    • 8.2.6.10.5. By End User

9. Latin America 48V Belt-driven Starter Generator (BSG) Market

• 9.1. Market Size & Forecast, 2019-2031
  • 9.1.1. By Value (USD Million)
• 9.2. Market Share & Forecast
  • 9.2.1. By Vehicle Type
  • 9.2.2. By Technology
  • 9.2.3. By Component
  • 9.2.4. By Application
  • 9.2.5. By End User
  • 9.2.6. By Country
    • 9.2.6.1. Brazil
    • 9.2.6.1.1. By Vehicle Type
    • 9.2.6.1.2. By Technology
    • 9.2.6.1.3. By Component
    • 9.2.6.1.4. By Application
    • 9.2.6.1.5. By End User
    • 9.2.6.2. Mexico
    • 9.2.6.2.1. By Vehicle Type
    • 9.2.6.2.2. By Technology
    • 9.2.6.2.3. By Component
    • 9.2.6.2.4. By Application
    • 9.2.6.2.5. By End User
    • 9.2.6.3. Argentina
    • 9.2.6.3.1. By Vehicle Type
    • 9.2.6.3.2. By Technology
    • 9.2.6.3.3. By Component
    • 9.2.6.3.4. By Application
    • 9.2.6.3.5. By End User
    • 9.2.6.4. Peru
    • 9.2.6.4.1. By Vehicle Type
    • 9.2.6.4.2. By Technology
    • 9.2.6.4.3. By Component
    • 9.2.6.4.4. By Application
    • 9.2.6.4.5. By End User
    • 9.2.6.5. Rest of LATAM
    • 9.2.6.5.1. By Vehicle Type
    • 9.2.6.5.2. By Technology
    • 9.2.6.5.3. By Component
    • 9.2.6.5.4. By Application
    • 9.2.6.5.5. By End User

10. Middle East and Africa 48V Belt-driven Starter Generator (BSG) Market

• 10.1. Market Size & Forecast, 2019-2031
  • 10.1.1. By Value (USD Million)
• 10.2. Market Share & Forecast
  • 10.2.1. By Vehicle Type
  • 10.2.2. By Technology
  • 10.2.3. By Component
  • 10.2.4. By Application
  • 10.2.5. By End User
  • 10.2.6. By Country
    • 10.2.6.1. Saudi Arabia
    • 10.2.6.1.1. By Vehicle Type
    • 10.2.6.1.2. By Technology
    • 10.2.6.1.3. By Component
    • 10.2.6.1.4. By Application
    • 10.2.6.1.5. By End User
    • 10.2.6.2. UAE
    • 10.2.6.2.1. By Vehicle Type
    • 10.2.6.2.2. By Technology
    • 10.2.6.2.3. By Component
    • 10.2.6.2.4. By Application
    • 10.2.6.2.5. By End User
    • 10.2.6.3. Qatar
    • 10.2.6.3.1. By Vehicle Type
    • 10.2.6.3.2. By Technology
    • 10.2.6.3.3. By Component
    • 10.2.6.3.4. By Application
    • 10.2.6.3.5. By End User
    • 10.2.6.4. Kuwait
    • 10.2.6.4.1. By Vehicle Type
    • 10.2.6.4.2. By Technology
    • 10.2.6.4.3. By Component
    • 10.2.6.4.4. By Application
    • 10.2.6.4.5. By End User
    • 10.2.6.5. South Africa
    • 10.2.6.5.1. By Vehicle Type
    • 10.2.6.5.2. By Technology
    • 10.2.6.5.3. By Component
    • 10.2.6.5.4. By Application
    • 10.2.6.5.5. By End User
    • 10.2.6.6. Nigeria
    • 10.2.6.6.1. By Vehicle Type
    • 10.2.6.6.2. By Technology
    • 10.2.6.6.3. By Component
    • 10.2.6.6.4. By Application
    • 10.2.6.6.5. By End User
    • 10.2.6.7. Algeria
    • 10.2.6.7.1. By Vehicle Type
    • 10.2.6.7.2. By Technology
    • 10.2.6.7.3. By Component
    • 10.2.6.7.4. By Application
    • 10.2.6.7.5. By End User
    • 10.2.6.8. Rest of MEA
    • 10.2.6.8.1. By Vehicle Type
    • 10.2.6.8.2. By Technology
    • 10.2.6.8.3. By Component
    • 10.2.6.8.4. By Application
    • 10.2.6.8.5. By End User

11. Competitive Landscape

• 11.1. List of Key Players and Their Offerings
• 11.2. Global 48V Belt-driven Starter Generator (BSG) Company Market Share Analysis, 2024
• 11.3. Competitive Benchmarking, By Operating Parameters
• 11.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)

12. Impact of Escalating Geopolitical Tensions on Global 48V Belt-driven Starter Generator (BSG) Market

13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

• 13.1. Bosch
• 13.2. Continental
• 13.3. Valeo
• 13.4. Denso
• 13.5. BorgWarner
• 13.6. ZF Friedrichshafen
• 13.7. Nidec
• 13.8. Mitsubishi Electric
• 13.9. Hitachi Automotive Systems
• 13.10. Kyocera Corporation
• 13.11. Schaeffler Group
• 13.12. Vitesco Technologies
• 13.13. Other Prominent Players

14. Key Strategic Recommendations

15. Research Methodology

• 15.1. Qualitative Research
  • 15.1.1. Primary & Secondary Research
• 15.2. Quantitative Research
• 15.3. Market Breakdown & Data Triangulation
  • 15.3.1. Secondary Research
  • 15.3.2. Primary Research
• 15.4. Breakdown of Primary Research Respondents, By Region
• 15.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable