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Global Automotive Chassis Dynamometer Market Share, Trends, Growth, Forecast: By Product Type: Single Roller, Multi Roller; By Vehicle Type: Passenger Vehicle, Commercial Vehicles; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Automotive Chassis Dynamometer Market Outlook
The global automotive chassis dynamometer market size attained a value of more than USD 910.07 million in 2022. The market is further expected to grow at a CAGR of 2.30% between 2023 and 2028, reaching a value of USD 1043.11 million by 2028.
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Key Trends in the Market
An automotive chassis dynamometer is a mechanical testing device that measures the torque and horsepower of a vehicle by recreating its load during acceleration. Components of automotive chassis dynamometers include software, braking absorption systems, and rollers. Automotive chassis dynamometers also provide information about factors such as rotating mass and parasitic loss, which can improve vehicle understanding among manufacturers.
- The global automotive chassis dynamometer market is driven by the increasing sales of passenger cars, motorcycles, vans, and trucks, bolstered by the rising per capita GDP across emerging economies and growing population of vehicle buyers.
- Growing investments by the major market players towards innovating cars for passengers by enhancing fuel efficiency and safety standards are boosting the market dynamics. Policies of various governments are also aimed towards encouraging fuel-efficient automotive infrastructure.
- With increasing production of vehicles, there is a greater focus on quality control due to which more manufacturers are utilising automotive chassis dynamometer. The market is also expected to be influenced by the thriving transportation sector which in turn is propelling the sale of commercial vehicles.
Market Analysis
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Based on product type, the market can be segmented into single roller and multi roller. On the basis of vehicle type, the market can be classified into passenger vehicles and commercial vehicles. The regional markets for automotive chassis dynamometers can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global automotive chassis dynamometer market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Mustang Dynamometer
- ONO SOKKI CO. LTD.
- Sierra Instruments Inc.
- Apicom Groupe
- Meidensha Corporation
- Others
Market Share by Vehicle Type
The passenger vehicle segment, based on vehicle type, accounts for a significant share in the automotive chassis dynamometer market. The increasing sale of passenger cars, trucks, and motorcycles, driven by the rising disposable income and robust urban growth across the developing nations, is propelling the segment’s growth. Growing research and development activities by major automotive manufacturers aimed towards producing fuel efficient and superior performance vehicles are further bolstering the demand for automotive chassis dynamometers. In addition, stringent safety standards on passenger vehicles placed by various governments are expected to lead to the development of high-quality automotive chassis dynamometers in the forecast period.
Market Share by Region
On the basis of region, Asia Pacific holds a decent share in the automotive chassis dynamometer market. Strong presence of major automotive manufacturers, across developing economies such as China and India, is leading the market in this region. In addition, the increasing sale of passenger and commercial vehicles, supported to by rising per capita GDP and growing population of car buyers, is being witnessed in the region. Moreover, the burgeoning transportation sector, improvements in road infrastructure, rising number of public vehicle users, and increasing domestic trading activities are expected to propel the sale of commercial vehicles in the region in the forecast period.
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Competitive Landscape
Mustang Dynamometer is a car repair and maintenance company based in Ohio, United States. The company was established in the year 1975 and currently manufactures high-performance dynamometers, offering superior and accurate testing equipment. The company provides expertise in chassis, engine, end of line testing, and promotional goods, among others.
ONO SOKKI CO. LTD. is a leading manufacturer of measuring instruments and is known to manufacture myriad products using digital technologies. With headquarters in Yokohama, Japan, the company focuses on utilising digital technology for measurement operations. It caters to the needs of the automotive sector with a variety of products and solutions such as engine RPM and speed measurement, and engine performance testing, among others.
Sierra Instruments Inc. was founded in the year 1971 and is currently headquartered in California, United States. It is a prominent measuring instruments manufacturer which designs and innovates superior-quality thermal mass flow controllers and vortex flow meters, among others. Some of the other products included in the company’s portfolio are flow switches and gas meters.
Other market players include Apicom Groupe, and Meidensha Corporation, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
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| Breakup by Vehicle Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Chassis Dynamometer Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Chassis Dynamometer Historical Market (2018-2022)
8.3 Global Automotive Chassis Dynamometer Market Forecast (2023-2028)
8.4 Global Automotive Chassis Dynamometer Market by Product Type
8.4.1 Single Roller
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Multi Roller
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Automotive Chassis Dynamometer Market by Vehicle Type
8.5.1 Passenger Vehicle
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Commercial Vehicles
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Automotive Chassis Dynamometer Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Automotive Chassis Dynamometer Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2023-2028)
10 Europe Automotive Chassis Dynamometer Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Automotive Chassis Dynamometer Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Automotive Chassis Dynamometer Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Automotive Chassis Dynamometer Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 EMR’s Key Indicators for Demand
14.4 EMR’s Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Mustang Dynamometer
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 ONO SOKKI CO. LTD.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Sierra Instruments Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Apicom Groupe
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Meidensha Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Automotive Chassis Dynamometer Market: Key Industry Highlights, 2018 and 2028
2. Global Automotive Chassis Dynamometer Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Automotive Chassis Dynamometer Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Automotive Chassis Dynamometer Historical Market: Breakup by Vehicle Type (USD Million), 2018-2022
5. Global Automotive Chassis Dynamometer Market Forecast: Breakup by Vehicle Type (USD Million), 2023-2028
6. Global Automotive Chassis Dynamometer Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Automotive Chassis Dynamometer Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Automotive Chassis Dynamometer Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Automotive Chassis Dynamometer Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Automotive Chassis Dynamometer Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Automotive Chassis Dynamometer Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Automotive Chassis Dynamometer Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Automotive Chassis Dynamometer Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Automotive Chassis Dynamometer Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Automotive Chassis Dynamometer Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Automotive Chassis Dynamometer Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Automotive Chassis Dynamometer Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Automotive Chassis Dynamometer Market Structure
Key Questions Answered in the Report
The market for automotive chassis dynamometers reached a value of more than USD 910.07 million in 2022.
The automotive chassis dynamometer market is estimated to grow at a CAGR of 2.30% in the forecast period of between 2023 and 2028.
By 2028, the global market for automotive chassis dynamometers is projected to reacha value of USD 1043.11 million.
The rising demand for passenger and commercial cars, vans, motorcycles, and trucks, thriving transportation sector, improvements in road infrastructure, and rising standards of living, are the major drivers of the market.
The key trends in the market include the technical innovations and developments by the major market players aimed towards improving the quality of vehicles, and manufacturers enhancing quality control processes for vehicle production.
Single roller and multi roller are the product types included in the market.
The significant vehicle types included in the market report are passenger vehicles and commercial vehicles.
An automotive chassis dynamometer measures the horsepower and torque of a vehicle.
The components of an automotive chassis dynamometer include rollers, braking absorption systems, and software.
Mustang Dynamometer, ONO SOKKI CO. LTD., Sierra Instruments Inc., Apicom Groupe, and Meidensha Corporation, among others, are the key market players, according to the report.
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