PUBLISHER: IMARC | PRODUCT CODE: 1206529
PUBLISHER: IMARC | PRODUCT CODE: 1206529
Automotive Dyno Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global automotive dyno market size reached US$ 877.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,005.9 Million by 2028, exhibiting a growth rate (CAGR) of 2.1% during 2023-2028.
An automotive dyno or dynamometer is a type of test equipment used in the automotive industry for measuring and recording mechanical parameters such as force, power, speed and torque of a vehicle. There are primarily two types of dynamometers used in the automotive industry, namely, engine dyno and chassis dyno. The engine dyno performs the engine testing function and measures the power and torque directly from the engine, whereas chassis dyno measures the output of the same at drive wheels. They are also used for measuring rotational speed, accelerations of rollers, resistance generated by electromagnetic brakes, fuel consumption and emissions. Automotive dynamometers also find application in computing Air to Fuel Ratio (AFR) of a mixture, Exhaust Gas Temperature (EGT) and Manifold Absolute Pressure (MAP).
A thriving automotive industry and rapid industrialization are the key factors driving the market growth. This, coupled with the growing demand for automobile restoration and refurbishment, is contributing significantly to the sales of automotive dyno. Furthermore, industrialization in both the developed and emerging economies has elevated the demand for automobiles for daily commutation and transportation of goods and materials across various locations. Another factor positively influencing the market is the increased applicability of dynamometers in sectors such as aviation, aerospace and marine that require the equipment to ensure maximum efficiency of vessel engines. Furthermore, increasing technological innovations such as the development of engine torque pulsation simulation (ETPS) dynamometer and availability of automation procedures such as engine mounting test bed and crank angle position detection are also expected to catalyze the market growth.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive dyno market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type and application.
Breakup by Product Type:
- Chassis Dyno
- Engine Dyno
Breakup by Application:
- Automotive OEM
- Automotive Aftermarket
Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
Competitive Landscape:
- The report has also analysed the competitive landscape of the market with some of the key players being AVL List GmbH, HORIBA Group, Meidensha Corporation, Power Test, LLC, SAKOR Technologies, Taylor Dynamometer, Rototest, MTS Systems, NTS Technical Systems, SuperFlow Dynamometers & Flowbenches, Schenck Process Holding GmbH, SGS SA, Sierra Instruments, Inc., Mustang Advanced Engineering, KAHN & Company Inc., Hofmann Tesys, and Froude, Inc.
Key Questions Answered in This Report:
- 1. What was the size of the global automotive dyno market in 2022?
- 2. What is the expected growth rate of the global automotive dyno market during 2023-2028?
- 3. What are the key factors driving the global automotive dyno market?
- 4. What has been the impact of COVID-19 on the global automotive dyno market?
- 5. What is the breakup of the global automotive dyno market based on the product type?
- 6. What is the breakup of the global automotive dyno market based on the application?
- 7. What are the key regions in the global automotive dyno market?
- 8. Who are the key players/companies in the global automotive dyno market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Automotive Dyno Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Product Type
- 5.5 Market Breakup by Application
- 5.6 Market Breakup by Region
- 5.7 Market Forecast
6 Market Breakup by Product Type
- 6.1 Chassis Dyno
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Engine Dyno
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Application
- 7.1 Automotive OEM
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Automotive Aftermarket
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Region
- 8.1 Asia Pacific
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Europe
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 North America
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Middle East and Africa
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Latin America
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 AVL List GmbH
- 13.3.2 HORIBA Group
- 13.3.3 Meidensha Corporation
- 13.3.4 Power Test, LLC
- 13.3.5 SAKOR Technologies
- 13.3.6 Taylor Dynamometer
- 13.3.7 Rototest
- 13.3.8 MTS Systems
- 13.3.9 NTS Technical Systems
- 13.3.10 SuperFlow Dynamometers & Flowbenches
- 13.3.11 Schenck Process Holding GmbH
- 13.3.12 SGS SA
- 13.3.13 Sierra Instruments
- 13.3.14 Mustang Advanced Engineering
- 13.3.15 KAHN & Company Inc.
- 13.3.16 Hofmann Tesys
- 13.3.17 Froude, Inc.
List of Figures
- Figure 1: Global: Automotive Dyno Market: Major Drivers and Challenges
- Figure 2: Global: Automotive Dyno Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Automotive Dyno Market: Breakup by Product Type (in %), 2022
- Figure 4: Global: Automotive Dyno Market: Breakup by Application (in %), 2022
- Figure 5: Global: Automotive Dyno Market: Breakup by Region (in %), 2022
- Figure 6: Global: Automotive Dyno Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 7: Global: Automotive Dyno Industry: SWOT Analysis
- Figure 8: Global: Automotive Dyno Industry: Value Chain Analysis
- Figure 9: Global: Automotive Dyno Industry: Porter's Five Forces Analysis
- Figure 10: Global: Automotive Dyno (Chassis Dyno) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Automotive Dyno (Chassis Dyno) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Automotive Dyno (Engine Dyno) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Automotive Dyno (Engine Dyno) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Automotive Dyno (Automotive OEM) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Automotive Dyno (Automotive OEM) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Automotive Dyno (Automotive Aftermarket) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Automotive Dyno (Automotive Aftermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Asia Pacific: Automotive Dyno Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Asia Pacific: Automotive Dyno Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Europe: Automotive Dyno Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Europe: Automotive Dyno Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: North America: Automotive Dyno Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: North America: Automotive Dyno Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Middle East and Africa: Automotive Dyno Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Middle East and Africa: Automotive Dyno Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Latin America: Automotive Dyno Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Latin America: Automotive Dyno Market Forecast: Sales Value (in Million US$), 2023-2028
List of Tables
- Table 1: Global: Automotive Dyno Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Automotive Dyno Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Automotive Dyno Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Automotive Dyno Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Automotive Dyno Market Structure
- Table 6: Global: Automotive Dyno Market: Key Players
