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Global Automotive Test Equipment Market Report 2019-2025 Featuring ABB, Bosch, Horiba, Honeywell, Delphi, and Siemens

SOURCE Research and Markets

DUBLIN, Feb. 11, 2019 /PRNewswire/ --

The "Automotive Test Equipment Market by Vehicle Type, Product Type, Application, End Market & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

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The global automotive test equipment market is estimated to grow from USD 2.2 billion in 2018 at a CAGR of 3.95% to reach USD 2.9 billion by 2025.

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.

Increasing adoption of mobiles in the automotive industry is expected to drive the mobile/tablet based equipment market.

Mobile/tablet based equipment market is the fastest and largest growing segment of the automotive test equipment market. Mobile technology in the testing process is trending in the automotive industry and is likely to shape the testing world of automakers. The mobile industry has seen exponential growth in the adoption of smart phones from the last few years. Increasing investments have been made by many companies for mobile/ tablet application development. This can create a huge opportunity for the growth of mobile/tablet based test equipment.

OEM R&D/technical center market for is projected to grow fastest during the forecast period.

Heavy investments by vehicle manufacturers in research and development for the automobile technologies is 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 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, OEM R&D/technical center market of the automotive test equipment market, by 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 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 automotive test equipment market comprises of major manufacturers such as ABB (Switzerland), Bosch (Germany), Horiba (Japan), Honeywell (US), Delphi (UK), and Siemens (Germany).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Increasing Electric Vehicle Production and Autonomous Vehicle Testing Increasing Electronic Architecture in Modern Vehicles Rise in Stringent Emissions Norms to Prevent Environmental Impact Technological Advancements in Automotive Test Equipment
5.2.2 Restraints High Cost of Advanced Technology Equipment Lack of Trained Workforce for Advanced Test Equipment Lack of R&D Facilities for Automotive Test Equipment
5.2.3 Opportunities Analyzing Real-Time Vehicle Data and Simulation Testing Increased Demand for High-Performance Vehicles Monetizing Vehicle Data Growing Demand for Onboard Diagnostic Tools
5.2.4 Challenges Maintaining A Balance Between High Cost & Performance of Test Equipment

6 Industry Trends
6.1 Value Chain Analysis
6.2 Key Trend Analysis
6.3 Porter's Five Forces Analysis
6.4 Regulatory Overview
6.4.1 Vehicle Testing Regulation
6.4.2 Engine Testing Regulation
6.4.3 Regulations for Greenhouse Gas Emissions From Passenger Cars and Trucks
6.4.4 Regulations for Smog, Soot, and Other Air Pollution From Passenger Cars & Trucks
6.4.5 Regulations for Greenhouse Gas Emissions From Commercial Trucks & Buses
6.4.6 Regulations for Smog, Soot, and Other Air Pollution From Commercial Trucks & Buses
6.5 Innovation Overview
6.5.1 ECU Testing
6.5.2 Simulation Testing
6.5.3 ADAS Testing
6.5.4 Battery Testing

7 Automotive Test Equipment Market, By Product Type
7.1 Introduction
7.2 Research Methodology
7.3 Engine Dynamometer
7.3.1 North America is Estimated to Be Second Largest Market
7.4 Chassis Dynamometer
7.4.1 Increasing Regulations Pertaining to Vehicle Testing Will Propel Chassis Dynamometer Market
7.5 Vehicle Emission Test System
7.5.1 North America is Projected to Be Fastest Growing Market
7.6 Wheel Alignment Tester
7.6.1 RoW is Projected to Have Highest Growth Rate
7.7 Key Industry Insights

8 Automotive Test Equipment Market, By Application
8.1 Introduction
8.2 Research Methodology
8.3 Mobile/Tablet Based Equipment
8.3.1 North America is Estimated to Lead the Market in 2018
8.4 PC/Laptop Based Equipment
8.4.1 RoW is the Fastest Growing Market for PC/Laptop Based Application
8.5 Key Industry Insights

9 Automotive Test Equipment Market, By End Market
9.1 Introduction
9.2 Research Methodology
9.3 Authorized Service Centers
9.3.1 Growing Vehicle PARC in Asia Pacific Will Drive Automotive Test Equipment Market of Authorized Service Center
9.4 OEM Assembly Plant
9.4.1 Growing Production in China and India Will Boost OEM Assembly Plants Automotive Test Equipment Market
9.5 OEM R&D/Technical Center
9.5.1 Growing Emphasis on Technological Development of Test Equipment Will Propel Automotive Test Equipment Market for OEM R&D/Technical Center
9.6 Key Industry Insights

10 Automotive Test Equipment Market, By Vehicle Type
10.1 Introduction
10.2 Research Methodology
10.3 Passenger Car
10.3.1 Increasing Passenger Car Production in Countries in Asia Pacific Region Will Drive the Market
10.4 Commercial Vehicle
10.4.1 Light Commercial Vehicle
10.4.2 Heavy Commercial Vehicle
10.5 Key Industry Insights

11 Automotive Test Equipment Market, By Advance Technology
11.1 Introduction
11.2 ADAS Testing
11.3 ECU Testing
11.4 Data Logger
11.5 Simulation Testing
11.5.1 Crash Impact Simulation
11.5.2 Autonomous Driving Simulator
11.6 EV Testing

12 Automotive Test Equipment Market, By Region

13 Competitive Landscape

14 Company Profiles
14.1 Key Players
14.1.1 Bosch
14.1.2 Siemens
14.1.3 Delphi Technologies
14.1.4 Continental
14.1.5 Vector Informatik
14.1.6 Honeywell
14.1.7 ABB
14.1.8 Softing
14.1.9 Horiba
14.1.10 SGS
14.1.11 ACTIA
14.2 Other Regional Key Players
14.2.1 Asia Pacific Autel Ampro Testing Machines NSM Solutions Sinfonia Denso
14.2.2 Europe DSA Daten- und Systemtechnik Ipetronik Racelogic MAHA Maschinenbau Haldenwang Rohde-Schwarz TUV SUD EM Test AVL
14.2.3 North America Fluke Moog Sierra Instruments PTM Electronics MTS Intertek

For more information about this report visit https://www.researchandmarkets.com/research/jpdgl4/global_automotive?w=5

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