Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Automotive Test Equipment Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Automotive Test Equipment Market?
The market size of the Automotive Test Equipment Global Market Report 2025 has been growing steadily in the recent years. The market was valued at $14.87 billion in 2024 and is expected to grow to $15.49 billion in 2025, showcasing a compound annual growth rate (CAGR) of 4.2%.
What Is the Forecasted CAGR for the Automotive Test Equipment Market by 2029?
The Automotive Test Equipment Global Market Report 2025 forecasts that by 2029, the market size will have grown to $20.1 billion, expanding at a compound annual growth rate (CAGR) of 6.7%.
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What Are the Market Drivers in the Automotive Test Equipment Industry?
The key drivers in the automotive test equipment market are:
• Rising development and adoption of electric and autonomous vehicles
• Emphasis and advancements in environmental testing for electric vehicles
• Increasing need and technicalities in software and firmware testing, cybersecurity testing
• Shift towards shared mobility and the consequent need for end-of-line testing.
What Is the Segment-Wise Breakdown of the Automotive Test Equipment Market?
The automotive test equipment market covered in this report is segmented –
1) By Product Type: Chassis Dynamometer, Engine Dynamometer, Vehicle Emission Test system, Wheel Alignment Tester
2) By Vehicle Type: Passenger Car, Commercial Vehicles
3) By End User: Original Equipment Manufacturer (OEM) assembly plant, Original Equipment Manufacturer (OEM) R&D, technical center, Authorized Service Center
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Which Emerging Trends Are Driving Growth in the Automotive Test Equipment Sector?
The key trends in the automotive test equipment market are:
• Advanced driver-assistance systems (ADAS) and connectivity are emerging trends in the market.
• The trend of Industry 4.0 and smart manufacturing is shaping the future of the automotive test equipment market.
• Electromagnetic compatibility (EMC) testing is rising as a significant trend in the market.
• The integration of artificial intelligence (AI) and simulation-oriented virtual testing is becoming a key upcoming trend.
Which Companies Are Dominating the Automotive Test Equipment Market in Terms of Revenue?
Major players in the automotive test equipment market are:
• Robert Bosch GmbH
• Vector Informatik GmbH
• Asea Brown Boveri Ltd.
• Siemens AG
• Actia SA
• Continental AG
• Horiba Ltd.
• Softing AG
• Teradyne Inc.
• MTS Systems Corporation
• Denso Corporation
• Technischer Überwachungsverein SÜD
• PTM Electronics Inc.
• MAHA Maschinenbau Haldenwang GmbH & Co. KG
• DSA Daten- und Systemtechnik GmbH
• Millbrook Proving Ground Ltd.
• Sierra Instruments Inc.
• Snap-on Incorporated
• AVL List GmbH
• Delphi Technologies
• SGS SA
• Honeywell International Inc.
• SAKOR Technologies Inc.
• National Instruments Corporation
• Cosworth Ltd.
• Danaher Corporation
• MK Test Systems Ltd.
• Sun Electric Corporation
• Cincinnati Test Systems Inc.
• Dewesoft d. o. o
What Are the Regions Driving Demand in the Automotive Test Equipment Market?
Asia-Pacific was the largest region in the automotive test equipment market in 2024 and is expected to be the fastest-growing region in the forecast period
