LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive tensioner market and it is poised to grow by USD 1.34 bn during 2019-2023, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request the latest free sample report of 2020-2024
The market is concentrated, and the degree of concentration will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Adoption of timing chains has been instrumental in driving the growth of the market.
Automotive Tensioner Market 2019-2023: Segmentation
Automotive Tensioner Market is segmented as below:
Passenger Cars Commercial Vehicles
Americas APAC EMEA
To learn more about the global trends impacting the