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Global Automotive Chassis Dynamometers Market to Expand at a Lethargic CAGR of 2.77% during the 2017-2025 Timeline – QY Research

Author: QYResearch  |   Published Date: 2018-12-20   |   Views: 129


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The publication offers a thorough evaluation of the global automotive chassis dynamometers market on the basis of competition, market dynamics, market segmentation, and other vital aspects.


The global automotive chassis dynamometers market could grow at a sluggish CAGR of 2.77% between 2017 and 2025. By the end of 2025, the market is prophesied to reach a US$ 155.21 Mn, improving its valuation from a US$ 127.48 Mn attained in 2017. The actual production of automotive chassis dynamometers is somewhere around 5,730 units.


Global Automotive Chassis Dynamometers Market: Drivers and Restraints

Important factors such as high modularity and accuracy and easy upgrades are envisaged to increase the demand for automotive chassis dynamometers. Significant application in the testing of vehicle performance, engine tuning, determination of horsepower and torque output, and analysis of suspension problems could set the tone for valuable growth of the global automotive chassis dynamometers market. Increase in automation is expected to propel the demand for automotive chassis dynamometers. Moreover, no limitation on exhaust emission, fuel economy, and complexity of test cycle and other advantages could improve the preference for automotive chassis dynamometers.


However, there are some drawbacks of automotive chassis dynamometers which could hamper their demand. For instance, owing to large intervals in inertia weight, there could be incorrect inertia loading of the vehicle if chassis dynamometers are used. In addition, mechanical and frictional issues in drivetrain components are predicted to arrest the growth of the global automotive chassis dynamometers market. Furthermore, the total load simulated on chassis dynamometers may fail to duplicate the vehicle’s rolling resistance.


Global Automotive Chassis Dynamometers Market: Application and Product

By application, the global automotive chassis dynamometers market is categorized into commercial and passenger vehicles.


By product, the global automotive chassis dynamometers market is segmented into multi and single roller types. Among these, multi roller type shows faster growth in the market due to the quick development of all-WD and 4WD vehicles. In 2017, it represented a market share of 77.80%.


Global Automotive Chassis Dynamometers Market: Forecast by Region

In its regional and country-level analysis, the report has shed light on key geographies, viz. North America, Europe, Asia Pacific, India, China, Japan, Central and South America, and the MEA.


In 2017, Europe secured a 33.60% share of the global automotive chassis dynamometers market in terms of consumption. Owing the rise in automotive development, the region has become the largest consumption market for automotive chassis dynamometers.


North America takes the second position in the global automotive chassis dynamometers market in relation to consumption. It earned a consumption share of 27.84% in 2017.


Global Automotive Chassis Dynamometers Market: Key Players

The level of competition in the global automotive chassis dynamometers market is not intense. Market leaders are observed to cater to high-end customers and possess key patents and technologies.


Some of the leading players of the global automotive chassis dynamometers market are Rototest, MTS, AVL List, Meidensha, and HORIBA.


Full Report Overview@ https://www.qyresearch.com/index/detail/209455/global-automotive-chassis-dynamometers-market

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