Global Automotive Alternator Market to Grow at a CAGR of 3.70% During 2017-2021 - Valeo, DENSO, HELLA
The auto industry is increasingly being driven by changing consumer needs to accommodate convergence of connectivity and electrification. Automakers are striving to develop smart and energy efficient cars. As a result, recent vehicles are enabled with electronic features, requiring to upgrade the alternator system for efficient allocation of power. Automotive alternators are used to charge the automotive battery, which is supplying power to the electrical and electronic components of a vehicle. The electronic components include internal lighting, dashboard controls, anti-lock...
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