The Automotive Test Equipment Market by Product (Engine, Chassis & Transmission Dynamometer, Vehicle Emission, Wheel Alignment & Fuel Injection Pump Tester), End Market, Vehicle, Application, Advanced Technology, and Region – Global Forecast to 2025 “ Report was added ResearchAndMarkets.com Offer.

The global automotive test equipment market is projected to reach USD 3,703 million by 2025, with an annual growth rate of 4.1%. The main players are Robert Bosch (Germany), Delphi Technologies (UK), Siemens (Germany), Horiba Ltd (Japan), Honeywell International Inc (USA), etc.

Strict government regulations on fuel efficiency and CO2 emissions, as well as increased sales of passenger cars and commercial vehicles, have fueled the global market for automotive test equipment.

Increasing advances in test equipment technology will fuel the market for automotive test equipment. However, maintaining a balance between high accuracy, performance, quality, and cost is a hurdle to the growth of the automotive test equipment market.

Improved PC / laptop device performance in terms of computing power and memory is expected to drive the PC / laptop-based device market.

PC / laptop-based test devices are primarily a hardware and software package that covers all necessary cables, hardware and software. These PC-based systems have an extremely extensive range of functions, e.g. B. the ability to draw and log sensor data, calculate fuel efficiency, estimate power and torque.

Main highlights of this segment:

  • Large, easy to read display; Able to display full color graphics, fuel maps and digital displays.

  • Unlimited processing power: For calculating and graphically displaying real-time parameters during operation without delay.

  • Gigabyte storage space: value of the data logger function.

  • A wide range of diagnostic software that can be easily updated

The market for R&D / technical centers for OEMs is expected to grow the fastest over the forecast period.

The story goes on

Heavy investments by vehicle manufacturers in research and development for automotive technologies contribute to the growth of the test equipment market. In order to offer high quality products and features in the vehicles, the automakers produce various automobile components that are subjected to test processes to meet the standards according to the regulations. This factor makes vehicle manufacturers’ research and development centers an important test center for evaluating multiple vehicle mechanisms and advanced technologies. Therefore, the R&D / technical center for OEMs market is expected to grow the fastest of the automotive test equipment market by end market type.

North America is expected to have the second largest market in the forecast period.

The Asia-Pacific region is valued as the largest automotive market, followed by North America and Europe. Leading vehicle manufacturers such as Ford Motors, General Motors and Tesla are based in North America. The North American auto industry has seen rapid development due to favorable government policies in manufacturing. It is estimated that the United States will account for the largest share of the North American market for automotive test equipment during the forecast period. The US automotive industry has a strong tendency towards innovation, technology and the development of powerful and economical vehicles. Factors such as stringent emissions standards and the increasing demand for vehicle dynamics are likely to drive the automotive test equipment market in North America.

Research reporting

The market study covers the market for automotive test equipment in various segments. The aim is to estimate the market size and future growth potential of this market in various segments, e.g. B. by product type, vehicle type, application type, end market type and region. The study also includes an in-depth competitive analysis of key market players along with their company profiles, key observations on product and business offerings, recent developments, and key market strategies.

Market dynamics

  • driver

    • Increase in electric vehicle production and autonomous vehicle testing

    • Increasing electronic architecture in modern vehicles

    • Rise in strict emission standards to avoid environmental impact

    • Technological advances in automotive test equipment

  • restrictions

    • High cost of equipment with advanced technology

    • Lack of trained labor for advanced test equipment

    • Lack of R&D facilities for automotive testing equipment

  • opportunities

    • Analysis of vehicle data in real time and simulation tests

    • Increased demand for high-performance vehicles

    • Growing demand for onboard diagnostic tools

  • Challenges

Mentioned companies

  • FIG

  • Actia Group

  • Ampro testing machines

  • altar

  • AVL

  • Continental AG

  • Delphi Technologies

  • Denso

  • DSA data and system technology

  • EM test

  • fluke

  • Honeywell International Inc.

  • Horiba, Ltd.

  • Intertek

  • Ipetronics

  • Maha Maschinenbau Haldenwang

  • Moog

  • MTS

  • NSM solutions

  • PTM Electronics

  • Racelogic

  • Robert Bosch GMBH

  • Rohde black

  • SGS SA

  • Siemens

  • Sierra Instruments

  • symphony

  • Softing AG

  • TÜV SUD

  • Vector Informatik GmbH

For more information on this report, see https://www.researchandmarkets.com/r/s0i2w6

View source version on businesswire.com: https://www.businesswire.com/news/home/20210125005310/de/

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