Press release
Automotive Tensioner Market Size, Share, Growth Statistics By Top Key Players
Automotive Tensioner Market is anticipated to reach US$ 2.17 Bn by 2029 from US$ 1.59 Bn in 2021 at a CAGR of 4% during a forecast period.Automotive tensioner is a device that applies force to create tension on the chain or belt which is used in the automotive drive. This device always maintains the timing chain or belts' proper tension and transfers the crankshaft rotation to the camshaft and accessory drive belts. It is extensively used in automotive engines to decrease noise from the timing belt and enhance engine durability.
An automotive belt tensioner is a device that helps to maintain the tension in automotive power steering belts. It does so by using a flexible diaphragm or spring which presses against the pulley. The pressure applied by the diaphragm/spring on the pulley depends upon how much force is being transmitted from crankshaft to pinion and thus onto the belt.
A rise in the desire for lightweight automobiles to maximise fuel efficiency is anticipated to be positive for the automotive tensioner industry. The need for automotive tensioners is anticipated to significantly increase due to increased production and sales of passenger automobiles around the world, which is anticipated to drive the global market. The demand for lighter and more compact automotive tensioners is projected to be driven by rising environmental awareness, the development of fuel-saving technology, and other environmental issues. Laws aimed at lowering fuel use and emissions have been passed in a number of nations. As a result, several automakers are creating technologies with low fuel consumption to help lower CO2 emissions and provide energy-saving techniques.
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The automotive tensioner market is anticipated to grow globally as demand for lightweight automobiles rises in an effort to boost fuel efficiency of the vehicle. Also, the increased production and sales of passenger vehicles are predicted to significantly increase demand for automotive tensioners globally, which is anticipated to fuel the expansion of the automotive tensioner market globally.
Market Segmentations:
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2022 to 2030. by Application segment also provides consumption during the forecast period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Global Automotive Tensioner Market: By Types
Automotive Belt Tensioner
Automotive Chain Tensioner
Global Automotive Tensioner Market: By Applications
Passenger Cars
Commercial Vehicles
Global Automotive Tensioner Market: Top Key Players
Continental
Dayco IP Holdings
Gates Corporation
Litens Automotive Group
NTN
Mubea
Tsubakimoto
KMC Automotive
Pricol Ltd
Aba Automotive
Global Automotive Tensioner Market: Regions
North America
Europe
China
Japan
South Korea
India
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The competitive landscape analysis of Automotive Tensioner Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.
Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Automotive Tensioner Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.
Reasons to Purchase the Automotive Tensioner Market Report:
1. The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
2. Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
3. Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
4. The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
5. Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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