Global Automotive Dyno Market was value US$ 2.1Mn in 2019 and is expected to reach US$ 3.1Mn by 2027 at a CAGR of 4.9 %.
Global Automotive Dyno Market was value US$ 2.1Mn in 2019 and is expectedto reach US$ 3.1Mn by 2027 at a CAGR of 4.9 %.
The objective of the report is to present a comprehensive assessment ofthe market and contains thoughtful insights, facts, historical data,industry-validated market data and projections with a suitable set ofassumptions and methodology. The report also helps in understanding globalautomotive dyno market dynamics, structure by identifying and analyzing themarket segments and project the global market size. Further, the report also focuseson the competitive analysis of key players by product, price, financialposition, product portfolio, growth strategies, and regional presence. Thereport also provides PEST analysis, PORTER’s analysis, SWOT analysis to addressquestions of shareholders to prioritizing the efforts and investment in thenear future to the emerging segment in the global automotive dyno market.
The report study has analyzed revenue impact of covid-19 pandemic on thesales revenue of market leaders, market followers and disrupters in the reportand same is reflected in our analysis.
Driving factors of the global automotive dyno market are increasingvehicle population across geographies, capital-intensive nature of testingfacilities and dynamometer machines and increasing growth rates in APAC. Theglobal automotive dyno market is self-motivated in nature and needs constantinventions in manufactured goods and production procedures. The drive in thebusiness likewise supports to motivate on testing necessities and is likely tohelp the progress of the high-performance apparatus. This is producing enormousmarket openings for the companies in automotive dyno market.
The chassis dyno segment held the largest market share in 2017,accounting for nearly 80% of the market. Chassis dyno type segment is expectedto dominate the global market during the forecast period. Chassis dyno measuresdrivetrain output for instance torque and power at the drive wheels. The use ofthis testing equipment is essential through the production cycle of anautomobile, making it a needed component of all vehicle assembly lines. Thistesting equipment is also used in vehicle engine manufacturing factories anddynamometer laboratories or the automotive testing service facilities to assessvehicle and engine performance.
Region-wise, the Asia Pacific region is dominating the global automotivedyno market. The high growth rates witnessed in the Asia Pacific signal a hugeopportunity for automotive players. India and China will continue to remain keytarget markets for them throughout the forecast period given high consumptionof vehicles in the two countries. Europe is the largest supplier, following bythe USA, owing to the advanced manufacturing technology. China is the emergingmarket, though its market share is still slight now. The growth rate of Chinaautomotive dyno market is faster than other regions. In the consumption end,the USA and Europe are also the largest markets, due to developed automotiveindustries and established an automotive market. With fast growing ofautomotive production and progressively manufacturers building plants in China,China is becoming an ever more important market.
The scope of the Global Automotive Dyno Market
Global Automotive Dyno Market, by Type
• Engine Dynamometer
• Chassis Dynamometer
• Others
Global Automotive Dyno Market, by Application
• Automotive OEM
• Automotive Aftermarket
Global Automotive Dyno Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in Global Automotive Dyno Market
• Dynamometer World
• HORIBA
• Application Engineering
• Robert Bosch
• SGS
• Delphi
• Mustang Dynamometer
• Rototest International
• Froude Hofman
• KAHN
• Mustang Advanced Engineering [MAE]
• NTS
• Schenck RoTec
• Sierra
• D2T.
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