The global Automotive Test Equipment (Automotive Testing Equipments) market was valued at 79.14 Million USD in 2021 and will grow with a CAGR of 5.07% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Automotive Testing Equipment is very important in the development and production of vehicles. To make sure cars live up to the consumers` standards, automotive manufacturers test their cars in certain environment. The idea behind car testing is that it allows manufacturers to work out all the kinks and potential problems of a model before it goes into full production. In this report, Automotive Testing Equipment mainly refers to four kinds, chassis dynamometer, engine dynamometer, vehicle emission test system and wheel alignment tester. In the last several years, the global automotive testing equipment market enjoyed a fast develop speed, with an average production growth rate about 5.88%. In 2017, the global automotive testing equipment market is 794 million USD and the actual sales may be 36.5 K units. In the consumption market, Europe and North America are also the largest markets, due to developed automotive industries and mature automotive market. With fast growing of automotive production and more and more manufacturers building plants in China, China is becoming a more and more important market. Segmented by the product type, Chassis Dynamometer represent more than half market in 2017. followed Chassis Dynamometer, Engine Dynamometer market account for nearly 25% in 2017.

By Market Verdors:

HORIBA

Bosch

Siemens

AVL List

ABB

Meidensha

ACTIA

MTS

By Types:

Chassis Dynamometer

Engine Dynamometer

Vehicle Emission Test System

Wheel Alignment Tester

By Applications:

OEM

Aftermarket

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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