Automotive Test Equipment Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research is pleased to present a comprehensive report on the global Automotive Test Equipment Market. This report provides an in-depth analysis of key market dynamics, including drivers, trends, opportunities, and challenges, offering valuable insights into the market's structure. The research publication includes exclusive data and statistics that outline the expected growth trajectory of the automotive test equipment market from 2023 to 2030.

Key Insights

Automotive Test Equipment Market Size (2023E): USD 3.4 Billion

Projected Market Value (2030F): USD 4.6 Billion

Global Market Growth Rate (CAGR 2023 to 2030): 4.3%

Historical Market Growth Rate (CAGR 2018 to 2022): 3.8%

Automotive Test Equipment Market - Report Scope

Automotive test equipment plays a crucial role in ensuring the safety, reliability, and performance of vehicles. These testing tools and systems are used in various stages of vehicle manufacturing, maintenance, and repair to diagnose and rectify issues, comply with regulatory standards, and enhance overall vehicle quality.

Market Growth Drivers for Automotive Test Equipment:

1. Technological Advancements: Rapid advancements in automotive technology, such as electric and autonomous vehicles, have necessitated the development of sophisticated test equipment to validate and certify these innovations. The increasing complexity of vehicle systems and components drives the demand for advanced testing solutions.

2. Stringent Regulatory Standards: Governments and regulatory bodies worldwide continue to impose stringent safety and emissions standards on the automotive industry. Compliance with these standards requires comprehensive testing, boosting the market for automotive test equipment.

3. Growing Vehicle Production: The global automotive industry is experiencing steady growth in vehicle production, especially in emerging markets. Increased manufacturing volume drives the need for efficient and high-throughput testing equipment to maintain quality control.

Market Restraints

1. High Initial Investment: The acquisition and implementation of automotive test equipment can involve substantial initial costs, which may deter smaller automotive manufacturers and service providers from investing in these tools.

2. Technical Expertise: Operating advanced test equipment often requires specialized technical expertise. A shortage of skilled personnel can be a hindrance to the effective use of these tools.

Market Opportunities

1. Electric and Hybrid Vehicles: The rising adoption of electric and hybrid vehicles presents a significant growth opportunity for the automotive test equipment market. Testing solutions for battery performance, charging infrastructure, and electric vehicle components are in high demand.

2. Data-Driven Testing: With the increasing integration of data analytics and IoT (Internet of Things) in the automotive sector, there is a growing need for test equipment that can analyze and interpret the vast amount of data generated by modern vehicles.

3. Aftermarket Services: The aftermarket segment offers opportunities for testing equipment providers, as maintenance and repair shops require advanced diagnostic tools to address vehicle issues efficiently.

Key Questions Answered in the Report

1. Which regions are expected to have significant market share in the future?

2. What are the main factors that will drive the demand for automotive test equipment in the coming years?

3. How will ongoing technological trends impact the global automotive test equipment market?

4. Who are the key players in the market, and what strategies are they employing to enhance their market position?

Competitive Intelligence and Business Strategy

Market leaders in automotive test equipment employ strategic initiatives to maintain and grow their market share. Companies like Bosch Automotive Service Solutions Inc., ABB Ltd., Honeywell International Inc., and Siemens AG leverage their technological expertise, global reach, and industry partnerships.

One key strategy is continuous innovation. These companies invest heavily in research and development to create cutting-edge testing solutions that meet the evolving demands of the automotive industry. For example, Bosch focuses on developing advanced testing equipment and diagnostic tools, attracting customers seeking state-of-the-art solutions and ensuring customer loyalty.

Furthermore, these market leaders expand their market share through strategic partnerships with key players in the automotive industry. Siemens collaborates with prominent automotive manufacturers to offer tailored testing solutions aligned with technological advancements. These partnerships enhance product portfolios and strengthen relationships with critical stakeholders, establishing these companies as reliable partners in the competitive industry.

Key Companies Profiled

Bosch Automotive Service Solutions Inc.

Honeywell International Inc.
ABB Ltd.
Siemens AG
Horiba, Ltd.
Delphi Technologies
Softing AG
Actia Group
AVL List GmbH
SGS Group

Automotive Test Equipment Market Research Segmentation

The automotive test equipment market can be categorized by types of testing equipment, including Chassis Dynamometer, Engine Dynamometer, Wheel Alignment Tester, Vehicle Emission Test System, and other miscellaneous tools. It is also segmented by application, encompassing Handheld Scan Tool, Mobile Device-Based Scan Tool, and PC/Laptop-Based Scan Tool. Additionally, the market is divided by vehicle type, which includes Passenger Car, LCV (Light Commercial Vehicle), and HCV (Heavy Commercial Vehicle). Regionally, the market spans North America, Europe, East Asia, South Asia & Oceania, Latin America, and the Middle East & Africa.

By Types of Testing Equipment:
Chassis Dynamometer
Engine Dynamometer
Wheel Alignment Tester
Vehicle Emission Test System
Misc
By Application:
Handheld Scan Tool

Mobile Device-Based Scan Tool

PC/Laptop-Based Scan Tool
By Vehicle Type:
Passenger Car
LCV
HCV
By Region:
North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33566

1. Executive Summary

1.1. Global Automotive Test Equipment Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Type of Testing Equipment Lifecycle Analysis
2.4. Automotive Test Equipment Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Vehicle Types
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Automotive Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Automotive Test Equipment Market Outlook: Type of Testing Equipment
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Type of Testing Equipment, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type of Testing Equipment, 2023 - 2030
  - 3.3.3.1. Chassis Dynamometer
  - 3.3.3.2. Engine Dynamometer
  - 3.3.3.3. Wheel Alignment Tester
  - 3.3.3.4. Vehicle Emission Test System
  - 3.3.3.5. Misc
3.4. Market Attractiveness Analysis: Type of Testing Equipment
3.5. Global Automotive Test Equipment Market Outlook: Application
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
  - 3.5.3.1. Handheld Scan Tool
  - 3.5.3.2. Mobile Device-Based Scan Tool
  - 3.5.3.3. PC/Laptop-Based Scan Tool
3.6. Market Attractiveness Analysis: Application
3.7. Global Automotive Test Equipment Market Outlook: Vehicle Type
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Vehicle Type, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
  - 3.7.3.1. Passenger Car
  - 3.7.3.2. LCV
  - 3.7.3.3. HCV
3.8. Market Attractiveness Analysis: Vehicle Type

4. Global Automotive Test Equipment Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Automotive Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Type of Testing Equipment
- 5.3.3. By Application
- 5.3.4. By Vehicle Type
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type of Testing Equipment, 2023 - 2030
- 5.5.1. Chassis Dynamometer
- 5.5.2. Engine Dynamometer
- 5.5.3. Wheel Alignment Tester
- 5.5.4. Vehicle Emission Test System
- 5.5.5. Misc
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 5.6.1. Handheld Scan Tool
- 5.6.2. Mobile Device-Based Scan Tool
- 5.6.3. PC/Laptop-Based Scan Tool
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 5.7.1. Passenger Car
- 5.7.2. LCV
- 5.7.3. HCV
5.8. Market Attractiveness Analysis

6. Europe Automotive Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Type of Testing Equipment
- 6.3.3. By Application
- 6.3.4. By Vehicle Type
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. T rkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type of Testing Equipment, 2023 - 2030
- 6.5.1. Chassis Dynamometer
- 6.5.2. Engine Dynamometer
- 6.5.3. Wheel Alignment Tester
- 6.5.4. Vehicle Emission Test System
- 6.5.5. Misc
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 6.6.1. Handheld Scan Tool
- 6.6.2. Mobile Device-Based Scan Tool
- 6.6.3. PC/Laptop-Based Scan Tool
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 6.7.1. Passenger Car
- 6.7.2. LCV
- 6.7.3. HCV
6.8. Market Attractiveness Analysis

7. East Asia Automotive Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Type of Testing Equipment
- 7.3.3. By Application
- 7.3.4. By Vehicle Type
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type of Testing Equipment, 2023 - 2030
- 7.5.1. Chassis Dynamometer
- 7.5.2. Engine Dynamometer
- 7.5.3. Wheel Alignment Tester
- 7.5.4. Vehicle Emission Test System
- 7.5.5. Misc
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 7.6.1. Handheld Scan Tool
- 7.6.2. Mobile Device-Based Scan Tool
- 7.6.3. PC/Laptop-Based Scan Tool
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 7.7.1. Passenger Car
- 7.7.2. LCV
- 7.7.3. HCV
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Automotive Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Type of Testing Equipment
- 8.3.3. By Application
- 8.3.4. By Vehicle Type
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type of Testing Equipment, 2023 - 2030
- 8.5.1. Chassis Dynamometer
- 8.5.2. Engine Dynamometer
- 8.5.3. Wheel Alignment Tester
- 8.5.4. Vehicle Emission Test System
- 8.5.5. Misc
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 8.6.1. Handheld Scan Tool
- 8.6.2. Mobile Device-Based Scan Tool
- 8.6.3. PC/Laptop-Based Scan Tool
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 8.7.1. Passenger Car
- 8.7.2. LCV
- 8.7.3. HCV
8.8. Market Attractiveness Analysis

9. Latin America Automotive Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Type of Testing Equipment
- 9.3.3. By Application
- 9.3.4. By Vehicle Type
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type of Testing Equipment, 2023 - 2030
- 9.5.1. Chassis Dynamometer
- 9.5.2. Engine Dynamometer
- 9.5.3. Wheel Alignment Tester
- 9.5.4. Vehicle Emission Test System
- 9.5.5. Misc
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 9.6.1. Handheld Scan Tool
- 9.6.2. Mobile Device-Based Scan Tool
- 9.6.3. PC/Laptop-Based Scan Tool
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 9.7.1. Passenger Car
- 9.7.2. LCV
- 9.7.3. HCV
9.8. Market Attractiveness Analysis

10. Middle East & Africa Automotive Test Equipment Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Type of Testing Equipment
- 10.3.3. By Application
- 10.3.4. By Vehicle Type
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type of Testing Equipment, 2023 - 2030
- 10.5.1. Chassis Dynamometer
- 10.5.2. Engine Dynamometer
- 10.5.3. Wheel Alignment Tester
- 10.5.4. Vehicle Emission Test System
- 10.5.5. Misc
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 10.6.1. Handheld Scan Tool
- 10.6.2. Mobile Device-Based Scan Tool
- 10.6.3. PC/Laptop-Based Scan Tool
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Vehicle Type, 2023 - 2030
- 10.7.1. Passenger Car
- 10.7.2. LCV
- 10.7.3. HCV
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Bosch Automotive Service Solutions Inc.
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Honeywell International Inc.
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. ABB Ltd.
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Siemens AG
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Horiba, Ltd.
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Delphi Technologies
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Softing AG
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Actia Group
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. AVL List GmbH
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. SGS Group
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations