DUBLIN–(BUSINESS WIRE)–The “Automotive Test Equipment Market by Product (Engine, Chassis, and Transmission Dynamometer, Vehicle Emission, Wheel Alignment, & Fuel Injection Pump Tester), End Market, Vehicle, Application, Advance Technology, and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
Strict government regulations regarding fuel efficiency and carbon emissions and an increase in sales of passenger cars and commercial vehicles have driven the automotive test equipment market globally.
Increased advancements in the test equipment technology will boost the automotive test equipment market. However, maintaining a balance between high accuracy, performance, quality, and cost act as a hurdle for the growth of the automotive test equipment market.
Improved performance of the PC/laptop equipment, in terms of processing power and storage, is expected to drive the PC/laptop-based equipment market.
PC/Laptop based testing equipment is primarily a hardware and software bundle, covering all the necessary cables, hardware, and software. These PC-based systems are boasted with an extremely rich feature-set, such as the capability to plot and log sensor data, calculate fuel efficiency, estimate horsepower, and torque.
Main highlights of this segment
- Large, easy-to-read display; capable of displaying graphs, fuel maps, and digital gauges in full color.
- Unlimited processing power: For calculating and graphing real-time parameters on-the-fly, without any lag.
- Gigabytes of storage: Worth of data recording capability.
- A wide selection of diagnostic software that can be easily updated
OEM R&D/technical center market is projected to grow fastest during the forecast period.
Heavy investments by vehicle manufacturers in research and development for the automobile technologies are contributing to the growth of the test equipment market. To offer high-quality products and features in the vehicles, the automakers make various automotive components that undergo testing processes to comply with the standards as per the regulations. This factor makes the R&D centers of vehicle manufacturers a major testing hub for the assessment of several automotive mechanisms and advanced technologies. Hence, the OEM R&D/technical center market of the automotive test equipment market, by the end market type, is projected to grow the fastest.
North America is expected to record the second largest market during the forecast period.
Asia Pacific is estimated to be the largest automotive market, followed by North America and Europe. North America is home to leading vehicle manufacturers such as Ford Motors, General Motors, and Tesla. The North American automotive industry has witnessed rapid development because of favorable policies adopted by the governments in the manufacturing sector. The US is estimated to account for the largest share of the North American automotive test equipment market during the forecast period. The US automotive industry is highly inclined toward innovation, technology, and the development of high-performance and fuel-efficient vehicles. Factors such as stringent emission norms and rising demand for vehicle dynamics are expected to propel the automotive test equipment market in North America.
The market study covers the automotive test equipment market across different segments. It aims at estimating the market size and future growth potential of this market across different segments such as by product type, vehicle type, application type, end market type, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall automotive test equipment market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.5 Package Size
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.4 Market Size Estimation
2.5 Market Breakdown and Data Triangulation
3 Executive Summary
3.1 Pre-COVID-19 and Post-COVID Impact on the Automotive Test Equipment Market
3.2 COVID-19 Impact on the Automotive Test Equipment Market
4 Premium Insights
4.1 Attractive Opportunities in the Automotive Test Equipment Market
4.2 Automotive Test Equipment Market in Asia-Pacific, by Product and by Country
4.3 Automotive Test Equipment Market, by Country
4.4 Automotive Test Equipment Market, by Vehicle Type
4.5 Automotive Test Equipment Market, by Application Type
4.6 Automotive Test Equipment Market, by End Market Type
5 Market Overview
5.2 Market Dynamics
5.3 Regulatory Overview
6 COVID – 19 Impact
6.1 Introduction to COVID-19
6.2 COVID-19 Health Assessment
6.3 COVID-19 Economic Assessment
6.4 COVID-19 Economic Impact-Scenario Assessment
7 Industry Trends
7.2 Technological Overview
7.3 Value Chain Analysis
7.4 Porter’s Five Forces Analysis
8 Automotive Test Equipment Market, by Product Type
8.2 Research Methodology
8.3 Engine Dynamometer
8.4 Chassis Dynamometer
8.5 Vehicle Emission Test System
8.6 Wheel Alignment Tester
8.7 Transmission Dynamometer
8.8 Fuel Injection Pump Tester
9 Automotive Test Equipment Market, by Application
9.2 Research Methodology
9.3 Mobile/Tablet Based Equipment
9.4 Pc/Laptop Based Equipment
9.5 Key Primary Insights
10 Automotive Test Equipment Market, by End Market
10.2 Research Methodology
10.3 Authorized Service Centers
10.4 Oem Assembly Plant
10.5 Oem R&D/Technical Center
10.6 Key Primary Insights
11 Automotive Test Equipment Market, by Vehicle Type
11.2 Research Methodology
11.3 Passenger Car
11.4 Commercial Vehicle
11.4.1 Light Commercial Vehicle
11.4.2 Heavy Commercial Vehicle
11.5 Key Primary Insights
12 Automotive Test Equipment Market, by Advance Technology
12.2 Adas Testing
12.3 Ecu Testing
12.4 Data Logger
12.5 Simulation Testing
12.6 Ev Testing
13 Automotive Test Equipment Market, by Region
13.4 North America
14 Competitive Landscape
14.1 Market Evaluation Framework
14.3 Market Ranking Analysis
14.4 Market Evaluation Framework Revenue Analysis of Top 5 Player
14.5 Competitive Leadership Mapping
14.6 Winners Vs. Losers
14.7 Competitive Scenario
15 Company Profiles
15.1 Key Players
15.1.1 Robert Bosch GmbH
15.1.3 Delphi Technologies
15.1.4 Continental AG
15.1.5 Vector Informatik GmbH
15.1.6 Honeywell International Inc
15.1.8 Softing AG
15.1.9 Horiba, Ltd.
15.1.10 Sgs Sa
15.1.11 Actia Group
15.2 Other Regional Key Players
126.96.36.199 Ampro Testing Machines
188.8.131.52 Nsm Solutions
184.108.40.206 Dsa Daten- Und Systemtechnik
220.127.116.11 Maha Maschinenbau Haldenwang
18.104.22.168 Tuv Sud
22.214.171.124 Em Test
15.2.3 North America
126.96.36.199 Sierra Instruments
188.8.131.52 Ptm Electronics
16 Adjacent & Related Markets
16.1 Automotive Diagnostic Scan Tools Market
16.2 Garage Equipment Market
16.3 Automotive Data Logger Market
For more information about this report visit https://www.researchandmarkets.com/r/267xpm