MarketResearchReports.Biz has recently announced the Latest industry research report on: “Global Automotive Test Equipment (Automotive Testing Equipments) Market Insights, Forecast to 2025”
This industry study presents the global Automotive Test Equipment (Automotive Testing Equipments) market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Test Equipment (Automotive Testing Equipments) production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Test Equipment (Automotive Testing Equipments) in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders HORIBA, Bosch, etc.
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.
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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.
Global Automotive Test Equipment (Automotive Testing Equipments) market size will reach 1190 million US$ by 2025, from 790 million US$ in 2017, at a CAGR of 5.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Automotive Test Equipment (Automotive Testing Equipments).
The following manufacturers are covered in this report:
Automotive Test Equipment (Automotive Testing Equipments) Breakdown Data by Type
Vehicle Emission Test System
Wheel Alignment Tester
Automotive Test Equipment (Automotive Testing Equipments) Breakdown Data by Application
Automotive Test Equipment (Automotive Testing Equipments) Production by Region
Automotive Test Equipment (Automotive Testing Equipments) Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Test Equipment (Automotive Testing Equipments) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Automotive Test Equipment (Automotive Testing Equipments) manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Test Equipment (Automotive Testing Equipments) :
History Year: 2013 – 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 – 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Test Equipment (Automotive Testing Equipments) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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