The market for automotive test equipment is expected to grow at a CAGR of around 3.5% from 2020 to 2027 and expected to reach the market value of around US$ 2,990.4 Mn by 2027.
Automotive test equipment is used to execute quality control tests particularly to ensure effective vehicle performance. This equipment are utilized to test the impact on handbrake tension, the interaction between fuel and lubricant, and engine oil consumption to maintain vehicle performance with efficiency.
Market Dynamics
The increasing electric vehicle production and autonomous vehicle testing across the globe are primarily driving the market growth. The increasing electronic architecture in modern vehicles and technological advancements in the automotive test equipment sector is supporting growth. The rising stringent emissions norms to prevent environmental impact by vehicle emissions are additionally propelling the market value. Furthermore, increased demand for high-performance vehicles and analysis of real-time vehicle data and simulation testing is projected to create potential demand over the period. The growing demand for onboard diagnostic tools and monetization of vehicle data is further expected to provide potential opportunities over the forecast period
On the other side, the high cost of advanced technology equipment and lack of trained & skilled workforce for advanced test equipment are the factors likely to hinder the market value.
Passenger Vehicle accounted for the major revenue share in the global market
By vehicle type, the passenger vehicle segment is leading the automotive test equipment market in 2019. The segment is also projected to maintain its demand over the forecast timeframe from 2020 to 2027. The segment is gaining growth on account of the increasing demand worldwide. The increasing need for advanced passenger vehicle features along with efficient working is accelerating the segmental market value.
PC/Laptop-Based Scan Tool segment has registered dominance in the Global Automotive Test Equipment Market
On the basis of application, the PC/laptop-based scan tool segment is dominating the global market with maximum revenue share (%). The segment is also projected to maintain its dominance over the forecast timeframe from 2020 to 2027. The features associated with the PC/laptop-based scan tool such as the capability to plot and log sensor data, calculate fuel efficiency and estimate horsepower and torque are supporting its growth in the global market.
The Asia Pacific is leading the Global Automotive Test Equipment Market with maximum share
In 2019, the Asia Pacific region accounted for the maximum revenue share (%) of the automotive test equipment market. The region is further anticipated to maintain its dominance throughout the estimated period from 2020 to 2027. The high demand and production of passenger vehicles in the region are supporting the market value. The major economies of the region including Japan, China, and India are major contributors to the regional market value. The changing lifestyle and increasing disposable income of people along with their emerging economies are boosting the demand. Moreover, the region is also projected to exhibit the fastest growth over the estimated period.
The prominent players profiled in the report include ABB, Bosch, Continental, Delphi Technologies, Honeywell, Horiba, SGS, Siemens, and Softing. The major players were involved in strategic developments for increasing the profit share in regional as well as global market. The major investments were announced for the technological advancements associated with the changing vehicle infrastructure and consumer demand.
Market Segmentation
Market By Product
Chassis Dynamometer
Engine Dynamometer
Wheel Alignment Tester
Vehicle Emission Test System
Market By Vehicle Type
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Market By Application
Handheld Scan Tool
Mobile Device-Based Scan Tool
PC/Laptop-Based Scan Tool
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Automotive Test Equipment
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Automotive Test Equipment Market By Product
1.2.2.1. Global Automotive Test Equipment Market Revenue and Growth Rate Comparison By Product(2020-2027)
1.2.2.2. Global Automotive Test Equipment Market Revenue Share By Product in 2019
1.2.2.3. Chassis Dynamometer
1.2.2.4. Engine Dynamometer
1.2.2.5. Wheel Alignment Tester
1.2.2.6. Vehicle Emission Test System
1.2.3. Automotive Test Equipment Market By Vehicle Type
1.2.3.1. Global Automotive Test Equipment Market Revenue and Growth Rate Comparison By Vehicle Type (2020-2027)
1.2.3.2. Global Automotive Test Equipment Market Revenue Share By Vehicle Type in 2019
1.2.3.2.1. Passenger Vehicle
1.2.3.2.2. Light Commercial Vehicle
1.2.3.2.1. Heavy Commercial Vehicle
1.2.4. Automotive Test Equipment Market By Application
1.2.4.1. Global Automotive Test Equipment Market Revenue and Growth Rate Comparison By Application(2020-2027)
1.2.4.2. Global Automotive Test Equipment Market Revenue Share By Application in 2019
1.2.4.2.1. Handheld Scan Tool
1.2.4.2.2. Mobile Device-Based Scan Tool
1.2.4.2.3. PC/Laptop-Based Scan Tool
1.2.5. Automotive Test Equipment Market By Geography
1.2.5.1. Global Automotive Test Equipment Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Automotive Test Equipment Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Automotive Test Equipment Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Automotive Test Equipment Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Automotive Test Equipment Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Automotive Test Equipment Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Automotive Test Equipment ANALYSIS
3.1. Capacity and Commercial Production Date of Global Automotive Test Equipment Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Automotive Test Equipment Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Automotive Test Equipment Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Automotive Test Equipment Major Manufacturers in 2019
CHAPTER 4. Automotive Test Equipment MARKET By Product
4.1. Global Automotive Test Equipment Revenue By Product
4.2. Chassis Dynamometer
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Engine Dynamometer
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Wheel Alignment Tester
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Vehicle Emission Test System
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Automotive Test Equipment MARKET By Vehicle Type
5.1. Global Automotive Test Equipment Revenue By Vehicle Type
5.2. Passenger Vehicle
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Light Commercial Vehicle
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Heavy Commercial Vehicle
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Automotive Test Equipment MARKET By Application
6.1. Global Automotive Test Equipment Revenue By Application
6.2. Handheld Scan Tool
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Mobile Device-Based Scan Tool
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. PC/Laptop-Based Scan Tool
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Automotive Test Equipment MARKET BY COUNTRY
7.1. North America Automotive Test Equipment Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Automotive Test Equipment Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Automotive Test Equipment Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Automotive Test Equipment Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Automotive Test Equipment Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Automotive Test Equipment MARKET BY COUNTRY
9.1. Asia-Pacific Automotive Test Equipment Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Automotive Test Equipment Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Automotive Test Equipment MARKET BY COUNTRY
10.1. Latin America Automotive Test Equipment Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Automotive Test Equipment Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Automotive Test Equipment MARKET BY COUNTRY
11.1. Middle East & Africa Automotive Test Equipment Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Automotive Test Equipment Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Product, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. ABB
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Bosch
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Continental
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Delphi Technologies
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Honeywell
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Horiba
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. StrategiesTorpedo Inc.
12.7. SGS
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Siemens
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Softing
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolioa
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
