The Automotive Test Equipment Global Market Report 2023, provides comprehensive information on the automotive test equipment market 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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As per The Business Research Company’s Automotive Test Equipment Global Market Report 2023, the global automotive test equipment market size grew from $13.41 billion in 2022 to $14.4 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. 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 automotive test equipment market size is expected to grow to $19.26 billion in 2027 at a CAGR of 7.5%.
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The automotive test equipment market is segmented:
By Product Type
Chassis Dynamometer
Engine Dynamometer
Vehicle Emission Test system
Wheel Alignment Tester
By End User
Original Equipment Manufacturer (OEM) assembly plant
Original Equipment Manufacturer (OEM) R&D
technical center
Authorized Service Center
By Vehicle Type
Passenger Car
Commercial Vehicles
Top Major Players:
Robert Bosch GmbH
Vector Informatik
ABB Ltd
Delphi Automotive PLC
Actia S.A
Asia-Pacific was the largest region in the automotive test equipment market in 2022.
The table of contents in TBRC’s automotive test equipment market report includes:
1. Executive Summary
2. Automotive Test Equipment Market Characteristics
3. Automotive Test Equipment Market Trends And Strategies
4. Automotive Test Equipment Market – Macro Economic Scenario
5. Automotive Test Equipment Market Size And Growth
………………………………………………………………………
26. Africa Automotive Test Equipment Market
27. Automotive Test Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Test Equipment Market
29. Automotive Test Equipment Market Future Outlook and Potential Analysis
30. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Automotive Test Equipment Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Automotive Test Equipment Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Automotive Test Equipment Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 46: Robert Bosch GmbH Financial Performance
Table 47: Vector Informatik Financial Performance
Table 48: ABB Ltd Financial Performance
Table 49: Delphi Automotive PLC Financial Performance
Table 50: Actia S.A. Financial Performance
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