The report also includes cross sectional analysis on the regional and country level i.e. regional market size by vehicle type.
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According to a new market report issued by Credence Research Inc. “Automotive Test Equipment Market–Growth, Share, Opportunities, Competitive Analysis and Forecast 2016–2022, “the global market for automotive test equipment is supposed to grow by 6.25% CAGR between 2016 and 2023 to US$ 675 million by 2023.
The market for automotive test equipment is expected to grow significantly with increasing motor vehicle production.
It is also expected that the witness of strict emission and vehicle repair and maintenance regulations will support the growth of the automotive test equipment market, especially in developed regions. In emerging economies, the vehicle fleet is increasing, the facilities for automotive production are expanding and the number of independent vehicle service stations and workshops is increasing.
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The market study on automotive test equipment also provides market estimates and forecast of different types of automotive test equipment market size in the global, regional and country level markets in terms of both revenue (US$ Bn) and volume (number of units sold). Automotive test equipment market is segmented on the basis of product type, technology and region. The report also includes cross sectional analysis on the regional and country level i.e. regional market size by vehicle type. This study includes market historical market size (2013 & 2014), market estimate (2015) and forecast for the period 2016 – 2022 in terms of volume and revenue.
The report profiles key players in the global automotive test equipment industry. Company profiles include extensive information about financial overview, business strategies, product portfolio, major competitors, recent developments and regional positioning of these manufacturers. The report also provides comprehensive analysis about global market competition, regional market players and suppliers and positioning of key market players in the global market along with their market winning strategies.
The market for automotive testing equipment is classified into motor dynamometer, chassis dynamometer, vehicle emission test system and wheel alignment tester. The chassis dynamometer accounted for the biggest share of revenue in 2015. This segment is supposed to remain dominant by increasing installation in vehicle manufacturing facilities and testing facilities. The segment of emission test equipment is supposed to grow rapidly with the introduction of strict vehicle emission control regulations throughout the world.
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The report also classifies automotive test equipment into a handheld scan tool, a mobile scan tool based on devices and a PC / laptop scan tool. The handheld scan tool segment accounted for the largest market share in the market for test equipment in the automotive industry. The mobile device-based scan tool is gaining popularity in developed regions and is supposed to grow rapidly as vehicle manufacturers introduce advanced vehicles with user-friendly diagnostics and solutions for analysis.
The Asia Pacific is the world’s largest and fastest-growing regional market for test equipment in 2015. The increasing expansion of automotive manufacturers in India and China, in particular, is expected to stimulate this market growth over the forecast period. Significant growth is also expected in North America and Europe due to increased vehicle fleet and strict vehicle emission regulations. Russia, Japan, Brazil, South Africa, South-East Asia, the GCC countries and Australia are some of the other major automotive test equipment markets that are projected to show significant growth with increasing demand for vehicles in these markets.
The global automotive test equipment industry comprises a large number of recognized multinational players. Some recognized players in the global automotive industry include Siemens AG, Robert Bosch GmbH, Honeywell Industrial Inc., Delphi Automotive PLC, ABB Ltd, Softing AG, SGS S.A, Horiba Ltd., AVL List GmbH and Actia S.A.
By Product Type
Engine Dynamometer,
Chassis Dynamometer,
Vehicle Emission Test System
Wheel Alignment Tester
By Technology
Handheld Scan Tool
Mobile Device-based Scan Tool
PC/Laptop Based Tools
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ToC:
Chapter 4 Automotive Test Equipment Market by Product Type
4.1 Market Analysis
4.2 Global Engine Dynamometer Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
4.3 Global Chassis Dynamometer Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
4.4 Global Vehicle Emission Test System Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
4.5 Global Wheel Alignment Tester Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
Chapter 5 Automotive Test Equipment Market by Technology
5.1 Market Analysis
5.2 Global Handheld Scan Tool Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
5.3 Global Mobile Device-based Scan Tool Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
5.4 Global PC/laptop-based scan tool Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
Chapter 6 North America Automotive Test Equipment Market Analysis
6.1 North America Automotive Test Equipment Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
6.1.1 North America Automotive Test Equipment Market Analysis, By Product Type, 2013 – 2022 (US$ Bn and Thousand Units)
6.1.2 North America Automotive Test Equipment Market Analysis, By Technology, 2013 – 2022 (US$ Bn and Thousand Units)
6.2 U.S. Automotive Test Equipment Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
6.2.1 U.S. Automotive Test Equipment Market Analysis, By Product Type, 2013 – 2022 (US$ Bn and Thousand Units)
6.2.2 U.S. Automotive Test Equipment Market Analysis, By Technology, 2013 – 2022 (US$ Bn and Thousand Units)
6.3 Canada Automotive Test Equipment Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
6.3.1 Canada Automotive Test Equipment Market Analysis, By Product Type, 2013 – 2022 (US$ Bn and Thousand Units)
6.3.2 Canada Automotive Test Equipment Market Analysis, By Technology, 2013 – 2022 (US$ Bn and Thousand Units)
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List of figure:
FIG. 1 Global Automotive Test Equipment: Market Segmentation
FIG. 2 Global Automotive Test Equipment Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Automotive Test Equipment Market, By Product Type, 2014 (US$ Bn)
FIG. 5 Global Automotive Test Equipment Market, By Technology, 2014 (US$ Bn)
FIG. 6 Global Automotive Test Equipment Market, By Geography, 2014 (US$ Bn)
FIG. 7 Global Automotive Test Equipment Market Revenue, 2013 – 2022, (US$ Bn and Thousand Units)
FIG. 8 See-Saw Analysis : Global Automotive Test Equipment Market
FIG. 9 Value Chain Analysis: Global Automotive Test Equipment Industry
FIG. 10 Market Positioning of Key Automotive Test Equipment Manufacturers, 2014
FIG. 11 Global Automotive Test Equipment Market Revenue Contribution, By Product Type, 2014 & 2022 (US$ Bn)
FIG. 12 Global Engine Dynamometer Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 13 Global Chassis Dynamometer Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 14 Global Vehicle Emission Test System Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 15 Global Wheel Alignment Tester Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 16 Global Automotive Test Equipment Market Revenue Contribution, By Technology, 2014 & 2022 (US$ Bn)
FIG. 17 Global Handheld Scan Tool Market Revenue and Volume, 2013 – 2022, (US$ Bn) (Thousand Units)
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