elianagrace26

Eliana Grace

18.08.2022

The market for alternator motor in terms of value is estimated to grow at a rate of 5.22% from 2017 to 2022, while that of alternator is estimated to grow at a CAGR of 5.38%. Asia-Oceania is estimated to be the largest market for starter motor & alternator. The region houses some of the most populous nations such as China and India, which together constitute two-thirds of the world population. The huge population base associated with economic labor, low production costs, and lenient regulations, provide huge opportunities for automakers.

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