The global automotive chassis dynamometer market size is expected to grow from $0.18 billion in 2021 to $0.19 billion in 2022 at a compound annual growth rate (CAGR) of 2.76%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive chassis dynamometers market size is expected to reach $0.22 billion in 2026 at a CAGR of 2.76%.
What is the Global Automotive Chassis Dynamometer Market?
The automotive chassis dynamometer market consists of sales of automotive chassis dynamometers by entities (organizations, sole traders, and partnerships) that are used in the automotive industry 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, braking absorption system and software to calculate drive input and power output, such as torque and power at the wheels.
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What drives the Global Automotive Chassis Dynamometer Market?
The increasing manufacturing of automobiles is expected to drive the automotive chassis dynamometer market in the forecast period. Automotive chassis dynamometers are used in vehicles to measure torque and is also used to analyze various suspension problems, environmental performance, emission performance and overall vehicle performance. The increasing automobiles manufacturing is expected to generate high demand for these test equipment. For instance, manufacturing of cars in India grew to 30.82 lakh units in 2021, compared to 24.33 lakh units in 2020. Hence, the increasing production of automobiles is expected to drive the market.
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Global Automotive Chassis Dynamometer Market Segments
The global automotive chassis dynamometer market is segmented:
By Product Type: Single Roller, Multi Roller
By Drive Type: All Wheel Drive Dyno, Two Wheel Drive Dyno
By Application: Light Commercial Vehicle, Heavy Commercial Vehicle, Passenger Vehicle, Racing Vehicle
By Geography: The regions covered in the automotive chassis dynamometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest share in the global automotive chassis dynamometer market.
Automotive Chassis Dynamometer Global Market Report 2022provides market size and growth forecasts for the global automotive chassis dynamometer market, global automotive chassis dynamometer market share, automotive chassis dynamometer market segments and geographies, automotive chassis dynamometer market competitive landscape including leading competitors’ revenues, profiles and market shares. The automotive chassis dynamometer market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Automotive Chassis Dynamometer Industry Playersinclude 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, Power Test, Inc, Dynapack, Elektrodyne, V-tech Dynamometers and Shin Nippon Tokki Co.,Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
