Market Overview:
The global new energy vehicle powertrain test equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric and hybrid vehicles across the globe. Additionally, stringent government regulations mandating fuel efficiency and emissions testing are also contributing to the growth of this market. The global new energy vehicle powertrain test equipment market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into motor test, transmission test, end-of-line (EOL)test, and other types of tests. The motor test segment is expected to hold a major share in terms of revenue in 2018 owing to its growing demand for electric vehicles across different regions worldwide. However, with advancements in technology and increasing focus on fuel efficiency & emissions testing requirements by regulatory agencies such as EPA & CARB in North America & Europe respectively; EOL Test will witness highest CAGR during forecast period from 2018-2030 .On account on application , automotive manufacturer accounted for largest share followed by automotive parts manufacturer globally .Regionally , Asia Pacific was estimated dominate new energy vehicle powertrain Test Equipment Market with highest revenue contribution followed by North America In 2017 .
Product Definition:
New Energy Vehicle Powertrain Test Equipment is used to test the powertrain of a new energy vehicle. This equipment is important because it allows automakers to ensure that their new energy vehicles meet all safety and performance requirements.
Motor Test:
The motor test is used to measure the torque or turning force that a motor can generate. It is also known as the brake-test, power-test or current measurement test. The primary function of this equipment is to ensure that electric motors are capable of generating adequate torque for smoothly driving any vehicle’s internal combustion engine and drive train.
This testing technique has been adopted by most of the major automobile manufacturers across the globe.
Transmission Test:
Transmission test is used to measure the torque or turning force that can be delivered by an engine or motor. It is also known as a torque measurement and commonly performed on the crankshaft of reciprocating engines. The test equipment consists of a drive train, which includes input shafts, universal joints, transmission gears and final drives among others.
Application Insights:
The automotive manufacturer segment accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The growing need for developing electric vehicles, coupled with a rise in demand for fuel-efficient vehicles, has led to an increased focus on new energy vehicle powertrain test equipment by major automakers.
Automotive parts manufacturers also benefit from this growth owing to their extensive product portfolio that includes various engine components such as transmission systems and motor mounts. These companies are engaged in providing aftermarket services and warranty claims related to these EV motors/transmission systems; hence they have a direct interest in ensuring proper functioning of these products post-sales or aftermarket support is provided by them. This trend can be observed across all regions of the world where electric vehicle manufacturing is taking place at scale including China, U.S., Japan, Germany etcetera.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government initiatives and investments in R&D for new energy vehicles, along with rising demand from developing countries such as China and India. For instance, in 2017, China launched a national New Energy Vehicle (NEV) program called “1391†which was aimed at establishing a domestic industry for new energy vehicles by 2020. In addition, various state governments provided subsidies on electric cars that were purchased between 2011 and 2015. Such government initiatives are anticipated to boost product adoption across Asia Pacific region over the next eight years.
Europe accounted for more than 25% of the global revenue share in 2017 owing to stringent emission norms set by European Union (EU). Moreover, Germany has emerged as one of the major manufacturing hubs for electric motors which have aided regional growth significantly over past few years.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising awareness about the benefits of new energy vehicles
- Government initiatives and subsidies for new energy vehicle adoption
- Technological advancements in powertrain test equipment
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
New Energy Vehicle Powertrain Test Equipment Market Research Report
By Type
Motor Test, Transmission Test, End of Line Test, Other
By Application
Automotive Manufacturer, Automotive Parts Manufacturer, Other
By Companies
AVL List, Liance Electromechanical, CTL, Horiba, ThyssenKrupp, W-Ibeda, Xiang Yi Power Testing, LangDi Measurement, Chengbang Haoran Measurement
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global New Energy Vehicle Powertrain Test Equipment Market Report Segments:
The global New Energy Vehicle Powertrain Test Equipment market is segmented on the basis of:
Types
Motor Test, Transmission Test, End of Line Test, Other
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 Manufacturer, Automotive Parts Manufacturer, Other
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:
- AVL List
- Liance Electromechanical
- CTL
- Horiba
- ThyssenKrupp
- W-Ibeda
- Xiang Yi Power Testing
- LangDi Measurement
- Chengbang Haoran Measurement
Highlights of The New Energy Vehicle Powertrain Test 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:
- Motor Test
- Transmission Test
- End of Line Test
- Other
- By Application:
- Automotive Manufacturer
- Automotive Parts Manufacturer
- Other
- 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 New Energy Vehicle Powertrain Test 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?
New Energy Vehicle Powertrain Test Equipment (NEVPTE) is a type of equipment used to measure the performance of electric vehicles. NEVPTE can include everything from battery chargers and data acquisition systems to full-scale test beds.
Some of the major players in the new energy vehicle powertrain test equipment market are AVL List, Liance Electromechanical, CTL, Horiba, ThyssenKrupp, W-Ibeda, Xiang Yi Power Testing, LangDi Measurement, Chengbang Haoran Measurement.
The new energy vehicle powertrain test equipment market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 New Energy Vehicle Powertrain Test 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 New Energy Vehicle Powertrain Test Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 New Energy Vehicle Powertrain Test 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 New Energy Vehicle Powertrain Test 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 New Energy Vehicle Powertrain Test Equipment Market Size & Forecast, 2020-2028
4.5.1 New Energy Vehicle Powertrain Test Equipment Market Size and Y-o-Y Growth
4.5.2 New Energy Vehicle Powertrain Test 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 Motor Test
5.2.2 Transmission Test
5.2.3 End of Line Test
5.2.4 Other
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 Manufacturer
6.2.2 Automotive Parts Manufacturer
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global New Energy Vehicle Powertrain Test 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 New Energy Vehicle Powertrain Test 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 Motor Test
9.6.2 Transmission Test
9.6.3 End of Line Test
9.6.4 Other
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 Manufacturer
9.10.2 Automotive Parts Manufacturer
9.10.3 Other
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 Motor Test
10.6.2 Transmission Test
10.6.3 End of Line Test
10.6.4 Other
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 Manufacturer
10.10.2 Automotive Parts Manufacturer
10.10.3 Other
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 Motor Test
11.6.2 Transmission Test
11.6.3 End of Line Test
11.6.4 Other
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 Manufacturer
11.10.2 Automotive Parts Manufacturer
11.10.3 Other
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 Motor Test
12.6.2 Transmission Test
12.6.3 End of Line Test
12.6.4 Other
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 Manufacturer
12.10.2 Automotive Parts Manufacturer
12.10.3 Other
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 Motor Test
13.6.2 Transmission Test
13.6.3 End of Line Test
13.6.4 Other
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 Manufacturer
13.10.2 Automotive Parts Manufacturer
13.10.3 Other
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 New Energy Vehicle Powertrain Test Equipment Market: Competitive Dashboard
14.2 Global New Energy Vehicle Powertrain Test Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AVL List
14.3.2 Liance Electromechanical
14.3.3 CTL
14.3.4 Horiba
14.3.5 ThyssenKrupp
14.3.6 W-Ibeda
14.3.7 Xiang Yi Power Testing
14.3.8 LangDi Measurement
14.3.9 Chengbang Haoran Measurement
