Market Overview:
The global automotive testing equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, stringent emission norms, and rising demand for advanced automotive testing equipment. Based on type, the global automotive testing equipment market is segmented into chassis dynamometer, engine dynamometer, vehicle emission test system, wheel alignment tester, and others. Chassis dynamometers are expected to hold a major share of the market in 2018 owing to their ability to test various parameters of a vehicle such as ride quality, braking performance etc. Engine dynamometers are also anticipated to witness high growth during the forecast period due their ability detect issues with an engine early on and prevent them from becoming bigger problems down the line. Based on application,the global automotive testing equipmentmarket is segmented intoautomotive manufacturers,,automotive component manufacturers,,and others,.
Product Definition:
Automotive Testing Equipment is a type of equipment that is used to test the various components and systems of a vehicle. This type of equipment can be used to test everything from the engine to the brakes. The importance of automotive testing equipment varies depending on the particular application, but in general it can be said that this type of equipment is essential for ensuring that vehicles operate safely and reliably.
Chassis Dynamometer:
Chassis dynamometer is a device used to measure the power output and torque of a vehicle. It is also known as wheel-dynamometer or chassis testing machine. The main function of this device is to test the performance capabilities of automotive components such as drive axles, transmission, engine, suspension and braking systems etc.
Engine Dynamometer:
An engine dynamometer is a device used to measure the power of an internal combustion engine. It is also known as the Power Train Research Council (PRC) Test Engine or commonly known as rolling road test lab. The rolling road test lab consists of a motorized chassis that has mounted on it, typically two heavy flywheel weights and an electric current-generating coil.
Application Insights:
Automotive manufacturers held the largest share of over 70.0% in 2017. The application of these devices is increasing owing to their use in various areas including emissions testing, engine performance, and vehicle stability & safety. Furthermore, the rising need for reliability and durability in vehicles is also driving this segment growth.
The demand from automotive component manufacturers is expected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in product development activities related with aftermarket services and products such as tires, lighting systems, power trains etcetera that are installed/installed on vehicles during manufacturing or assembly process at the time of delivery/delivery trucks or vans etcetera when compared with original equipment manufacturer (OEM).
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing production of vehicles in China and India. In 2017, according to OICA, Asia accounted for a share of more than 50% in terms of vehicle production. Moreover, rising disposable income coupled with stringent government regulations on vehicular emissions are anticipated to drive demand for testing equipment in APAC over the forecast period.
Europe was estimated as the second-largest regional segment by market capitalization and volume share in 2017 owing to high demand from Germany and Italy automotive manufacturers along with other European countries such as France, UK etc., which have a strong presence of automobile manufacturing companies globally renowned for their quality products & services across all major categories including premium cars & trucks; mid-segment cars; compact cars; passenger car segments etc.; buses & coaches; heavy commercial vehicles (HCV); medium commercial vehicles (MCV).
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising demand from the developing countries
- Growing automotive industry in Asia Pacific region
- Technological advancements in automotive testing equipment
- Stringent government regulations for vehicle safety and emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Testing Equipment Market Research Report
By Type
Chassis Dynamometer, Engine Dynamometer, Vehicle Emission Test System, Wheel Alignment Tester
By Application
Automotive Manufacturers, Automotive Component Manufacturers, Others
By Companies
HORIBA, Bosch, AVL, MTS, MAHA, Meidensha, ABB, ACTIA, Power Test, Mustang Dynamometer
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Testing Equipment Market Report Segments:
The global Automotive Testing Equipment market is segmented on the basis of:
Types
Chassis Dynamometer, Engine Dynamometer, Vehicle Emission Test System, Wheel Alignment Tester
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Manufacturers, Automotive Component Manufacturers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HORIBA
- Bosch
- AVL
- MTS
- MAHA
- Meidensha
- ABB
- ACTIA
- Power Test
- Mustang Dynamometer
Highlights of The Automotive Testing Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chassis Dynamometer
- Engine Dynamometer
- Vehicle Emission Test System
- Wheel Alignment Tester
- By Application:
- Automotive Manufacturers
- Automotive Component Manufacturers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Testing Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive testing equipment is a specialized type of instrument used to test the performance and reliability of automotive components. These instruments can include everything from load cells and accelerometers to thermal imaging cameras and engine dyno systems.
Some of the major companies in the automotive testing equipment market are HORIBA, Bosch, AVL, MTS, MAHA, Meidensha, ABB, ACTIA, Power Test, Mustang Dynamometer.
The automotive testing equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Testing Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Testing Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Testing Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Testing Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Testing Equipment Market Size & Forecast, 2020-2028
4.5.1 Automotive Testing Equipment Market Size and Y-o-Y Growth
4.5.2 Automotive Testing Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Chassis Dynamometer
5.2.2 Engine Dynamometer
5.2.3 Vehicle Emission Test System
5.2.4 Wheel Alignment Tester
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive Manufacturers
6.2.2 Automotive Component Manufacturers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Testing Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Testing Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Chassis Dynamometer
9.6.2 Engine Dynamometer
9.6.3 Vehicle Emission Test System
9.6.4 Wheel Alignment Tester
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive Manufacturers
9.10.2 Automotive Component Manufacturers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Chassis Dynamometer
10.6.2 Engine Dynamometer
10.6.3 Vehicle Emission Test System
10.6.4 Wheel Alignment Tester
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive Manufacturers
10.10.2 Automotive Component Manufacturers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Chassis Dynamometer
11.6.2 Engine Dynamometer
11.6.3 Vehicle Emission Test System
11.6.4 Wheel Alignment Tester
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive Manufacturers
11.10.2 Automotive Component Manufacturers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Chassis Dynamometer
12.6.2 Engine Dynamometer
12.6.3 Vehicle Emission Test System
12.6.4 Wheel Alignment Tester
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive Manufacturers
12.10.2 Automotive Component Manufacturers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Chassis Dynamometer
13.6.2 Engine Dynamometer
13.6.3 Vehicle Emission Test System
13.6.4 Wheel Alignment Tester
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive Manufacturers
13.10.2 Automotive Component Manufacturers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Testing Equipment Market: Competitive Dashboard
14.2 Global Automotive Testing Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HORIBA
14.3.2 Bosch
14.3.3 AVL
14.3.4 MTS
14.3.5 MAHA
14.3.6 Meidensha
14.3.7 ABB
14.3.8 ACTIA
14.3.9 Power Test
14.3.10 Mustang Dynamometer
