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What Is The Projected Market Size And Growth Rates For The Automotive Chassis Dynamometer Market?
In recent years, the automotive chassis dynamometer market size has grown steadily, escalating from $0.21 billion in 2024 to $0.21 billion in 2025 at a compound annual growth rate (CAGR) of 2.8%. This growth during the historical period can be attributed to factors such as increased urbanization and congestion in cities, rising consumer awareness, increased disposable income, and strong economic growth in emerging markets.
Moving forward, the automotive chassis dynamometer market size is predicted to continue its upward trajectory, expected to expand to $0.25 billion in 2029 at a CAGR of 3.9%. This anticipated growth during the forecast period can be credited to factors like rising population density, increasing use of automation and digitalization in rolling stock, sustainable energy integration, increased connectivity, IoT integration, among several others.
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Which Factors Are Driving The Growth Of The Automotive Chassis Dynamometer Market?
The increasing manufacture of automobiles is expected to act as a key driver of the automotive chassis dynamometer market. These devices, which measure torque and analyze various suspension problems, environmental performance, emission performance, and overall vehicle performance, are becoming increasingly essential as automobile production expands. For instance, car manufacturing in India surged to 30.82 lakh units in 2021 in comparison to 24.33 lakh units in 2020. Consequently, the increasing production of automobiles is expected to spur demand for this testing equipment and drive the market growth.
What Are The Main Segments In The Automotive Chassis Dynamometer Market?
The automotive chassis dynamometer market report covered includes the following segments:
1) By Product Type: Single Roller, Multi Roller
2) By Drive Type: All Wheel Drive Dyno, Two Wheel Drive Dyno
3) By Application: Light Commercial Vehicle, Heavy Commercial Vehicle, Passenger Vehicle, Racing Vehicle
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Which Are The Significant Players In The Automotive Chassis Dynamometer Market?
Prominent companies operating in the automotive chassis dynamometer market include Mustang Dynamometer, Ono Sokki Co. Ltd., Sierra Instruments Inc., Rototest Ab, Saj Test Plant Pvt Ltd., Kratzer Automation AG, Horiba Ltd., Meidensha Corporation, Taylor Dynamometer Inc., Power Test Inc., Dyno Dynamics, Dynapack Asia Group, Elektrodyne Industries Private Ltd., V-tech Dynamometers, Shin Nippon Tokki Co. Ltd., AVL List GmbH, SAKOR Technologies Inc., Dynojet Research Inc., MAHA Maschinenbau Haldenwang GmbH & Co. KG, Hofmann Prüftechnik GmbH, National Technical Systems Inc., Kinetic Systems Inc., SuperFlow Dynamometers & Flowbenches, AccuDyne Systems Inc., BOSCH Automotive Service Solutions Inc., Spoon Sports USA, Froude Hofmann Ltd., Racelogic Ltd., Chassis Dynamometer Services Inc., OPELMEX.
Which Trends Are Shaping The Automotive Chassis Dynamometer Market?
Mobile and portable chassis dynamometers represent a key trend gaining traction in the automotive chassis dynamometer market. These portable devices afford users the flexibility of conducting environmental testing under real-world conditions, providing an economical alternative to in-house, sophisticated testing facilities. For instance, Mustang Dynamometer, a US-based manufacturer and designer of high-quality testing equipment, unveiled the MD-SXS/UTV chassis dynamometer in May 2022.
Which Region Dominates The Automotive Chassis Dynamometer Market?
Asia-Pacific region held the largest market share in the automotive chassis dynamometer market in 2024. Other regions covered in the market report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
How Can The Automotive Chassis Dynamometer Market Research Report 2025 Benefit You?
The automotive chassis dynamometer is a device used for measuring and recording mechanical parameters such as force, power, speed, and torque of vehicles at the drive wheels. Chassis dynamometers, comprising a pair of rollers, a braking absorption system, and software to compute drive input and power output, are essential for various torque and power calculations. The Automotive Chassis Dynamometer Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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