Dynamometer Market for Automotive by Application (Engine Dynamometer and Chassis Dynamometer) and Region (Asia Pacific, Europe, North America and Rest of the World) - Global Forecast to 2025
The advanced manufacturing practices in automobile production in recent decades have resulted in an exponential rise in the operating life of vehicles. The rise in demand for restoration of vehicles in emerging markets such as India and Brazil are boosting the growth of testing equipment like dynamometer.
Automotive dynamometer is a mechanical equipment used to measure several automotive parameters such as torque, force, rotational speed, and power. Vehicle manufacturers, automotive testing service providers, and automotive parts suppliers extensively use dynamometers for the testing of vehicles. Dynamometer is directly coupled to the engine to record the physical outputs of the engine. The determination of physical parameters is essential to evaluate the performance of the vehicles and for restoration purpose.
The report highlights the global automotive dynamometer market, in terms of volume and value. The market volume is expressed in terms of thousand units, whereas the market value is expressed in terms of USD million for the forecast period 2017–2025.
The automotive dynamometer market is segmented by application into engine dynamometer and chassis dynamometer. The market is further is segmented by geography (Asia Pacific, Europe, North America, and RoW), focusing on key countries in each region.
The report features major players in the automotive dynamometer market and provides insights about their business strategies. The report also includes the roadmap of their growth in the next eight years. It also features drivers, restraints, opportunities, and challenges of the global automotive dynamometer market.
Future of Automotive Dynamometer
The growing trend of preservation and restoration of vehicles has been the major factor responsible for the rapid evolution of automotive dynamometers. Also, the progressive trend of motorsports across the globe, which requires advanced transmission dynamometers is anticipated to fuel the growth of automotive dynamometer market. The rise in the sales of electric vehicles is also likely to propel the growth of automotive dynamometers.
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Growth opportunities and latent adjacency in Dynamometer Market