The Infinium Global Research analyzes the Automotive Dyno Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global automotive dyno market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of automotive dyno. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the automotive dyno market during the period.
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Growing Automotive Industry Across the World is Fueling Market Growth
Vehicle production numbers, including passenger cars and commercial vehicles, are growing across the globe. The factors such as accuracy of the measurement, high repetitiveness, and capital-intensive nature of testing facilities and dynamometer machines are driving factors for the automotive dyno market. The growing automotive industry across the world is fueling market growth. On the other side, chassis dynamometers may give rise to incorrect inertia loading of the vehicle owing to large intervals in inertia weight that restrains the market growth. Moreover, increasing automotive industry in the Asia Pacific region expected to provide growth opportunities to the market players.
Automotive Dyno Market: Segmentation
The global automotive dyno market is segmented based on type and application. On the basis of the type, the market is segmented into engine dyno, chassis dyno, and other types. The chassis dyno segment holds a large market share due to the accuracy of the measurement and high repetitiveness. The possibility of the easy upgrade and the modularity of solutions are also driving the growth of the chassis dynamometer market in the near future. Based on the application, the sub-markets include automotive OEM and automotive aftermarket. For customers, many OEM and aftermarket products are nearly equal. Aftermarket components differ in quality but have many high-quality products available, often at a lower price than OEM parts.
Asia-Pacific Holds the Largest Market Share of the Global Automotive Dyno Market
Among the regions, Asia-Pacific holds the largest market share of the global automotive dyno market followed by Europe and North America. The growing automotive market in countries, such as India, China, and Japan are driving the growth of the market in the Asia-Pacific region. Growing demand from countries such as Germany, Italy, and France driving the market growth in Europe.
Automotive Dyno Market: Competitive Analysis
Some of the industry participants of the global automotive dyno market are Horiba, Ltd., AVL, Meidensha Corporation, Rototest, MTS Systems Corporation, National Testing Service, SuperFlow Dynamometers & Flowbenches, Schenck AccuRate, Incorporated, SGS S.A., and Sierra Instrumentation & Controls among the others.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the automotive dyno.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.