Global Automotive Chassis Dynamometer Market Report 2024, Forecast To 2033
14 Feb, 2024
The automotive chassis dynamometer market has witnessed steady growth, rising from $0.2 billion in 2023 to $0.21 billion in 2024, with a CAGR of 3.4%. Factors contributing to this growth include increased urbanization, congestion in cities, rising consumer awareness, growing disposable income, and strong economic growth in emerging markets. The forecast period is expected to see steady growth, reaching $0.24 billion in 2028, with a CAGR of 3.4%. Drivers for this growth include rising population density, increasing use of automation and digitalization in rolling stock, sustainable energy integration, increased connectivity, and IoT integration. Notable trends in the future involve all-wheel drive (AWD) dynamometer testing, integration with vehicle dynamics control systems, electric and hybrid powertrain testing, portable and modular dynamometer designs, and increased emphasis on emissions testing.
Global Automotive Chassis Dynamometer Market Key Driver
The escalating manufacturing of automobiles is anticipated to drive the automotive chassis dynamometer market. Chassis dynamometers, crucial for vehicle testing, measure torque and analyze various performance aspects. India experienced a growth in car manufacturing, reaching 30.82 lakh units in 2021, marking a notable increase from 24.33 lakh units in 2020. The surge in automobile production is expected to generate increased demand for chassis dynamometers, driving market growth.
Get A Free Sample Of The Global Automotive Chassis Dynamometer Market ReportGlobal Automotive Chassis Dynamometer Market Segments
The automotive chassis dynamometer market covered in this report is segmented –
1) By Product Type: Single Roller, Multi Roller
2) By Drive Type: All Wheel Drive Dyno, Two Wheel Drive Dyno
3) By Application: Light Commercial Vehicle, Heavy Commercial Vehicle, Passenger Vehicle, Racing Vehicle
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacificwas the largest region in the automotive chassis dynamometer market in 2023. The regions covered in the automotive chassis dynamometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Automotive Chassis Dynamometer Industry Players
Mustang Dynamometer; Ono Sokki Co. Ltd.; Sierra Instruments Inc.; Rototest Ab; Saj Test Plant Pvt Ltd.; Kratzer Automation AG; Horiba Ltd.; Meidensha Corporation; Taylor Dynamometer Inc.; Power Test Inc.; Dyno Dynamics; Dynapack Asia Group; Elektrodyne Industries Private Ltd.; V-tech Dynamometers; Shin Nippon Tokki Co. Ltd.; AVL List GmbH; SAKOR Technologies Inc.; Dynojet Research Inc.; MAHA Maschinenbau Haldenwang GmbH & Co. KG; Hofmann Prüftechnik GmbH; National Technical Systems Inc.; Kinetic Systems Inc.; SuperFlow Dynamometers & Flowbenches; AccuDyne Systems Inc.; BOSCH Automotive Service Solutions Inc.; Spoon Sports USA; Froude Hofmann Ltd.; Racelogic Ltd.; Chassis Dynamometer Services Inc.; OPELMEX
Get The Full Global Automotive Chassis Dynamometer Market ReportAutomotive Chassis Dynamometer Market Overview
The automotive chassis dynamometer is a device used for measuring and recording mechanical parameters such as force, power, speed, and torque of vehicles at drive wheels. Chassis dynamometers are test equipment consisting of a pair of rollers, a braking absorption system, and software to calculate drive input and power output, such as torque and power at the wheels.
Automotive Chassis Dynamometer Global Market Report 2023 provides data on the global automotive chassis dynamometer market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The automotive chassis dynamometer market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.