PUBLISHER: Grand View Research | PRODUCT CODE: 1941966
PUBLISHER: Grand View Research | PRODUCT CODE: 1941966
The global automotive test equipment market size was estimated at USD 2.92 billion in 2025, and is projected to reach USD 4.46 billion by 2033, growing at a CAGR of 5.5% from 2026 to 2033. Rising vehicle electrification, increasing software content, and tighter quality expectations across OEMs and suppliers are driving market growth.
Higher model proliferation and shorter development cycles have necessitated broader validation coverage, resulting in increased volumes of functional, durability, and end-of-line testing across the powertrain, chassis, body electronics, and ADAS domains.
The global automotive industry is witnessing a historic transformation as electric and hybrid vehicles rapidly gain traction across major markets. Governments worldwide are setting ambitious carbon neutrality targets and phasing out internal combustion engine (ICE) vehicles, prompting automakers to accelerate electrification strategies. For instance, the European Union plans to ban new petrol and diesel car sales by 2035, while countries like China and the U.S. are offering subsidies and tax credits for EV purchases.
This large-scale transition is not only reshaping vehicle architectures but also revolutionizing the entire supply chain from powertrain components to testing and validation systems. Unlike traditional vehicles, electric and hybrid vehicles require precise testing of high-voltage systems, energy efficiency, and battery management. As a result, automakers and suppliers are investing heavily in new categories of automotive test equipment designed to ensure safety, performance, and regulatory compliance. The shift toward electrification thus serves as a fundamental growth catalyst for the automotive test equipment ecosystem.
Global Automotive Test Equipment Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global automotive test equipment market report based on product, vehicle, application tools, and region: