The global Automotive Tensioner Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.

This Automotive Tensioner market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.

Data Bridge Market Research analyses that the automotive tensioner market was valued at USD 1.59 billion in 2021 and is expected to reach USD 2.18 billion by 2029, registering a CAGR of 4.05% during the forecast period of 2022 to 2029.

Top Companies in the Global Automotive Tensioner Market:
Continental AG (Germany), ABA Automotive (U.S.), ALT America Inc. (U.S.), Litens Automotive Group (Canada), GMB Corporation (Japan), Dayco IP Holdings, LLC (U.S.), NTN Corporation (Japan), Gates Corporation (U.S.), Muhr und Bender KG (Germany), KMC Automobile Transmission (Taiwan), Pricol Limited (India), Zhejiang Renchi Auto Parts Co., Ltd. (China),  Taizhou GEDLBT Machinery Manufacturing Co. Ltd. (China), Gambo Industry Co. Ltd. (China), Guangzhou Kafu Engeering Machinery Parts Co. Ltd. (China), Capitol Stampings Corp. (U.S.), among others.

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Market Segmentation:

The automotive tensioner market is segmented on the basis of type, vehicle type, drive type, system, type of tensioner and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Timing Chain Automotive Tensioner
  • Timing Belt Automotive Tensioner
  • Auxiliaries Drive Belt Automotive Tensioner

Vehicle Type

  • Passenger Car (PC)
  • 2-Wheeler
  • Commercial Vehicle

Drive Type

  • Chain Drive
  • Belt Drive
  • Auxiliary Drive

System

  • Dual Arm Tensioner System
  • Conventional Belt Tensioner System
  • Automatic Belt Tensioner System

 Type of Tensioner

  • Hydraulically Operated System
  • Damping Structure

Sales Channel

  • OEM
  • Aftermarket

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

– North America (United States, Mexico & Canada)

– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Asia-Pacific dominates the automotive tensioner market in terms of market share and revenue growth. This is due to the rise in vehicle generation production in developing countries such as India and China.

Europe is expected to fastest growing region during the forecast period of 2022-2029 due to the enactment of stringent rules about vehicle emission norms and considerable presence of automotive industries in this region

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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Market Dynamics

Drivers

  • Development of automotive sector

Growing production of vehicles both in emerging and developed economies is one of the major factors recognised to the growth of the automotive tensioner market globally. For instance, according to the International Organization of Motor Vehicle production, the total number of vehicles produced in 2016 was 95 million units, which augmented to 97 million units in 2017, globally. Therefore, growing number of vehicles on road is leading the demand for automotive tensioner which are anticipated to increase the market growth rate during the forecast period of 2022-2029.

  • Growing demand for light weight vehicle

Increase in demand for light weight vehicles in order to upsurge fuel-efficiency of the vehicle, is expected to increase the automotive tensioner market across the globe. Also, Rise in manufacture and sale of passenger vehicles is likely to significantly boost the demand for automotive tensioner across the globe, which is anticipated to drive the growth of the automotive tensioner market across the globe.

  • Increasing demand for eco-friendly devices

The rolling inclination of consumers towards the eco-friendly vehicles on the back of the rising awareness regarding environmental pollution which is expected to drive the growth of the market during above mentioned period. These components are fuel-efficient which reduce fuel consumption and emissions. The increasing demand for performance and improvement in fuel economy are expected to drive the growth rate of the automotive tensioner market.

Furthermore, the growing vehicle demand, increasing adoption of timing chains to rise use of hydraulic tensioners and oil pressure, escalating urban population, rise in demand for light weight vehicles ,increase in concern regarding global warming and other environmental issues  are some other factors which is flourishing the growth of the automotive tensioner market in the forecast period of 2022 to 2029. .

Opportunities

  • Growing awareness regarding environmental issues

Rise in concern regarding global warming and other environmental issues to reduce fuel consumption are expected to increase the demand for more compact and lighter automotive tensioners. Many countries have endorsed rules and regulations to decrease emissions and fuel consumption. So, numerous vehicle manufacturers have been manufacturing low fuel consumption technologies to help create ways to save energy and reduce CO2 emissions. This will create immense opportunities for the growth of the global automotive tensioner market.

Furthermore, the rise in vehicle production and sales along with large usage of belt-in-oil engine timing belts are expected to provide lucrative opportunities for the growth of the automotive tensioner market in upcoming years.

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