Automotive Belt Tensioner Pulleys Market Insights Video
According to Cognitive Market Research, the global Automotive Belt Tensioner Pulleys market size is USD 9458.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 3783.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2834.46 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2175.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 472.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 189.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Automatic Belt Tensioner held the highest Automotive Belt Tensioner Pulleys market revenue share in 2024.
