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NEW YORK, April 22, 2021 /PRNewswire/
Technavio estimates the global automotive alternator slip ring market to grow by USD 87.54 million, progressing at a CAGR of almost 5% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Automotive Alternator Slip Ring Market by Application and Geography - Forecast and Analysis 2021-2025
The market is driven by the increasing demand for ICE-based vehicles owing to the low price of crude oil. In addition, the growing popularity of smart alternators will positively influence the growth of the automotive alternator slip ring market.
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