Global Automotive Test Equipment Market By Product Type (Chasis Dynamometer, Engine Dynamometer, Wheel Alignment Tester, Vehicle Emission Test System), End Market (OEM R&D/Technical Center, OEM Assembly Paint, Authorized Service Centers), Vehicle Type (Commercial Vehicle, Passenger Car), Application (Mobile/Tablet Based Equipment, PC/Laptop Based Equipment), Advance Technology (ECU Testing, Data Logger, Simulation Testing, ADAS Testing, EV Testing), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The automotive test equipment market is expected to witness market growth at a rate of 9.86% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive test equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Automotive test equipment is utilized to execute quality analysis on automotive and test the conduct of the vehicles. Automotive test equipment assures the production of high-performance vehicles that ensures all safety demands of the automotive and the end users of the automotive. The test equipment is advantageous in measuring the oil expenditure of the engine, fuel mixture, oil aeration, and others.
Various strict emission measurements and administration assigned around the globe have constrained OEMs to analyse their vehicles accurately to assure that they ensure these measurements. The analysing of hybrid cars demands advanced research, as these cars need distinctive types of test equipment, the lack of research and development facilities for automotive testing would result in less advanced and inventive products are the factors expected to hinder the quality of testing the vehicle. Growing production volumes of passengers as well as commercial vehicles, the rising demand for high completion vehicles that has been witnessed in the current years is estimated to further escalate the growth of the automotive test equipment market in the coming years. The blooming automotive sector precisely compliments the growing need in the growth of the automotive test equipment market. The growing of strict measurements and administration regarding increase of fuel accuracy by cutting back in vehicular discharges are being laid down by administrations of several countries around the globe these are anticipated to escalate the growth of the automotive test equipment market in the coming years. As security is a prime and dominant issue of the automotive consumers and producers, it majorly propels the growth of the automotive test equipment market.
Customers contribute to adopt implementation-based wireless equipment, such as smartphones. Testing devices advancers have advanced several implementations to work with OBD-II systems which could be as an opportunity for the growth of the automotive test equipment market.
The difficulty allowed by the automotive industry is between technological invention and cost contraction. Henceforth, is to spring up with such automotive test equipment that are accurate and cost cutting at the same time is the challenge posed in the market.
This automotive test equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive test equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Test Equipment Market Scope and Market Size
The automotive test equipment market is segmented on the basis of product type, end market, vehicle type, application and advance technology. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on product type, the automotive test equipment market is segmented into chasis dynamometer, engine dynamometer, wheel alignment tester, vehicle emission test system.
- Based on end market, the automotive test equipment market is segmented into (OEM research and development or technical center, OEM assembly paint, authorized service centers.
- Based on vehicle type, the automotive test equipment market is segmented into commercial vehicle, passenger car.
- Based on application, the automotive test equipment market is segmented into mobile or tablet based equipment, PC or laptop based equipment.
- Based on advance technology, the automotive test equipment market is segmented into ECU testing, data logger, simulation testing, ADAS testing, EV testing.
Automotive Test Equipment Market Country Level Analysis
The automotive test equipment market is analysed and market size, volume information is provided by country, product type, end market, vehicle type, application and advance technology as referenced above.
The countries covered in the automotive test equipment market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the automotive test equipment market because of the swift combination of developed properties in vehicles and the growing need for automotive from advancing nations for instance India and China. Europe is expected to show large amount of growth due to the increase in disposable income of end-users and the present huge consumer base has driven to the rise in the need for vehicles in the region, which in turn concludes in the rise in the manufacturing actions by local automotive key players.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Test Equipment Market Share Analysis
Automotive test equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive test equipment market.
The major players covered in the automotive test equipment market report are Continental AG; Softing AG; ACTIA Group; ABB; Delphi Technologies; Vector Informatik GmbH; Siemens; SGS SA; Robert Bosch GmbH; Horiba; Honeywell International Inc.; TÜV SÜD; PTM Electronics; DENSO CORPORATION; DSA Daten- und Systemtechnik GmbH; Millbrook Proving Ground; Sierra Instruments, Inc.; Intelligent Technology Corp.,Ltd.; MAHA Maschinenbau Haldenwang GmbH & Co. KG; CME; MTS Systems Corporation; SINFONIA TECHNOLOGY CO., LTD.; Racelogic and MOOG INC. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.