Automotive Tensioner Market 2019-2023|Adoption of Timing Chains to Boost Growth | Technavio

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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:

Application

Passenger Cars Commercial Vehicles

Geographic segmentation

Americas APAC EMEA

To learn more about the global trends impacting the

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