The Automotive Chassis Dynamometer Global Market Report 2023 by The Business Research Company, provides automotive chassis dynamometer market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Automotive Chassis Dynamometer Global Market Report 2023, the market size is expected to grow from$0.2 billion in 2022 to $0.21 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive chassis dynamometer market is expected to grow to $0.25 billion in 2027 at a CAGR of 4.5%.
The increasing manufacturing of automobiles is expected to drive the automotive chassis dynamometer market in the forecast period. Automotive chassis dynamometers are used in vehicles to measure torque and are also used to analyze various suspension problems, environmental performance, emission performance, and overall vehicle performance. The increasing automobiles manufacturing is expected to generate high demand for these test equipment.
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The automotive chassis dynamometer market is segmented:
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
Mobile and portable chassis dynamometers are a key trend gaining popularity in the automotive chassis dynamometer market. Portable dynamometers allow users to perform environmental testing under real-world conditions and serve as an economical alternative to their sophisticated, in-house, testing facilities. For instance, in 2018, a US-based dyno testing solutions company, Dyne Systems, launched a new portable, AC chassis dynamometer, designed for testing over-the-highway trucks. The mobile system offers both power-absorbing and motoring integrated into the trailer. The portable chassis dyno allows users to start testing in less than 60 minutes and also offers the ability to set up and test at an altitude of 10,000 ft.
The automotive chassis dynamometer market report table of contents includes:
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Top Major Players
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