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NEW YORK , Feb. 14, 2023 /PRNewswire/ -- According to Technavio, the global automotive alternator market size is estimated to grow by USD 3.29 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 6.08% during the forecast period. Moreover, the growth momentum will accelerate. APAC will account for 56% of the market's growth during the forecast period. The report also includes historic market data from 2017 to 2021. In 2017, the automotive alternator market was valued at USD 8.08 billion . COVID-19 had the most negative impact on the global automotive industry in recent years, resulting in a steep fall in demand and a large-scale disruption of the supply chain. It has exerted intense pressure on an already-stressed global automotive market. Yet, there are high predictions that few countries are bringing manufacturing facilities and production back on track, indicating that the supply side is on a restoration line. For more insights on the market, request a sample report

Leading trends influencing the market 

Automotive alternator market - Five forces The global automotive alternator market is fragmented, and the five forces analysis covers– 

Automotive alternator market – Customer landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Automotive alternator market - Segmentation assessment

Segment overview Technavio has segmented the market based on type (IC engine vehicles and hybrid and electric vehicles) and application (passenger cars, LCVs, and M&HCVs). 

Geography overview Based on geography, the global automotive alternator market is segmented into APAC, Europe , North America , South America , and Middle East and Africa . The report provides actionable insights and estimates the contribution of all regions to the growth of the global automotive alternator market.

Automotive alternator market – Market dynamics Key factor driving market growth

Major challenges hindering market growth

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this automotive alternator market report?

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Accelerate at a CAGR of 6.08%

APAC, Europe, North America, South America, and Middle East and Africa

US, China, Japan, South Korea, and Germany

Leading vendors, market positioning of vendors, competitive strategies, and industry risks

ALANKO GmbH, AS PL Sp. z o.o., BBB Industries LLC, BluePrint Engines, BorgWarner Inc., Cummins Inc., DENSO Corp., Hitachi Ltd., Jumps Auto Industries Ltd., MAHLE GmbH, MAPCO Autotechnik GmbH, Minda Corp. Ltd., Mitsubishi Electric Corp., Motorcar Parts of America Inc., Ningbo Zhongwang Auto Fittings Co. Ltd., Prestolite Electric Inc., Robert Bosch GmbH, Stellantis NV, TVS Motor Co. Ltd., and Valeo SA

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/

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