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Automotive Alternator Market

The Alternator market is driven by the increasing global demand for passenger cars and commercial vehicles. Asia is estimated to have highest market share in Alternator market by 2016 and is expected to continue with same pace till the end of 2020. Countries such as India, China and South Korea have emerged as the major automotive manufacture hubs, sourcing components to western automakers.
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The global CNG and LPG vehicles market is expected to grow at a CAGR of 8.74%. Global Warming has become a major issue around the world now, as the public has begun to realize its ramifications. This has led to a sentiment against the use of gasoline and diesel.

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Smart meters represent a transformative technology for the utility industry and its customers. These technologically advanced meters enable greater insight into the usage of energy and, in the case of smart electric meters, provide enhanced control of the electrical grid.

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The global automotive Lane Warning Systems market is projected to grow at a CAGR of 34% and is anticipated to touch the billion-dollar mark by 2021.

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The Alternator market is driven by the increasing global demand for passenger cars and commercial vehicles. Asia is estimated to have highest market share in Alternator market by 2016 and is expected to continue with same pace till the end of 2020. Countries such as India, China and South Korea have emerged as the major automotive manufacture hubs, sourcing components to western automakers.

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mordorintelligence.com