Test Automation Systems for Powertrain Dynamometer Market: Current Analysis and Forecast (2023-2030)
$3999 – $6999
Emphasis on Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy-Duty Trucks, Buses & Coach, Motorcycles, Power Generation Sets, Motorsports, Powersports, And Agricultural Vehicles); Communication (Mobile, FlexRay, Web, Embedded Software, CAN Bus, and Others); Testing Type (durability tests, performance tests, vehicle simulations, and others); Propulsion (Internal Combustion Engine (Ic) and Electric) and Region/Country
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Table: | 38 |
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Report ID: | UMAU212693 |
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Report Description
Test Automation Systems for Powertrain Dynamometer Market Size & Forecast
The Test Automation Systems for Powertrain Dynamometer Market is expected to register a CAGR of approx. 5% over the period of 2023-2030.
Test Automation Systems for Powertrain Dynamometer Market Analysis
Test automation systems for powertrain dynamometers are integrated interfaces that can be used to execute, control, record, and analyze different tests on test rigs. These technologies provide safety, durability, long-life, and excellent performance, and they assist technicians, engineers, and scientists in conducting numerous experiments with greater accuracy and in less time. Thorough testing is now required due to the automobile industry’s ongoing technological advancements, which have led to the introduction of new vehicles and the ever-changing transportation regulations. Consequently, the amount of testing procedures, workload, and complexity are increasing, driving the global market for powertrain dynamometer test automation systems. The market for powertrain dynamometer test automation systems is expected to develop due to increased pollution levels and accident frequency, as well as the worldwide. Agencies like the U.S. NHTSA, India Ministry of Road Transport and Highways have set up new guidelines for vehicle safety. This has resulted in the rising demand for sophisticated powertrain variants by automotive companies. In addition, the test volumes that include extensive and complex test cycles have increased owing to the stringent global legislation. Thus, resulting in the adoption of automated test systems to perform repetitive and complex tests. Furthermore, Furthermore, automakers are constantly updating their vehicle models by incorporating cutting-edge technologies. The continuing development of new-generation automobiles with innovative powertrains adds to the testing demand and increases the test complexity. As a result, automotive firms, as well as regulatory agencies, research institutes, and service stations, are implementing test automation systems to keep up with the increase in the number and complexity of vehicle tests. However, the increasing cost and complexity to maintain extra components will add to the cost of test rigs and hamper the growth of the global test automation systems for the powertrain dynamometer market.
HORIBA, Ltd., Power Test, LLC, A&D Technology, SAKOR Technologies, Integral Powertrain Limited Inc., AVL, Unico, LLC, MAHLE Powertrain Limited, Taylor Dynamometer, Rototest AB are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Test Automation Systems for Powertrain Dynamometer Market Trends
“Amongst vehicle type, the passenger vehicle category accounted for the significant share in the market in 2022”
Based on vehicle type, the test automation systems for powertrain dynamometer market is segmented into passenger vehicles, light commercial vehicles, heavy-duty trucks, buses & coach, motorcycles, power generation sets, motorsports, Powersports, and agricultural vehicles. The passenger vehicle segment accounted a significant market share and it is expected to grow at a significant CAGR during the forecast period for the powertrain dynamometer market due to due to rising production, ongoing development of next-generation vehicles, and research and development efforts focused on passenger vehicles, the passenger vehicle segment seized a sizable portion of the market and is predicted to expand at a noteworthy CAGR over the course of the powertrain dynamometer market forecast period.
“Amongst communication, the CAN Bus category is expected to witness considerable CAGR during the forecast period”
Based on communication, the global test automation systems for the powertrain dynamometer market are divided into Mobile, FlexRay, Web, Embedded Software, CAN Bus, and Others. The CAN Bus segment expected to grow at a significant CAGR during the forecast period because of its low cost, resilience, speed, flexibility, and ability to build a frame structure comprising several protocol layers, the CAN Bus sector has captured a sizeable portion of the market and is predicted to grow at a substantial CAGR over the projection period.
“Amongst testing type, the performance testing category holds a significant market share during 2022”
Based on testing type, the test automation systems for the powertrain dynamometer market are divided into durability tests, performance tests, vehicle simulations, and others. The performance testing segment holds a significant market share during 2022 due to the stricter rules governing vehicles. For example, the Horiba FQ series (Fuel Flow Measurement Systems) uses a precise system that can perform both transient and stationary tests to measure the fuel flow of a vehicle. It is also possible to achieve high repeatability and conduct cycle measurements in real-world scenarios, such as WLTP.
“Amongst propulsion, the electric segment category is expected to witness significant market share during the forecast period”
Based on propulsion, the test automation system for the powertrain dynamometer market is bifurcated into internal combustion engine (IC) and electric. The electric is further divided into battery electric, hybrid electric, and plug-in hybrid electric. The electric segment is expected to witness significant market share during the forecast period as IC engines that push the boundaries of existing technology, including spark-assisted diesel/biofuel engines and those with unusual geometries, must be evaluated in comparison to conventional engines utilized in daily applications.
“Europe to witness significant growth during the forecast period”
Europe constitutes a major market for the test automation systems for test automation systems for powertrain dynamometer market with the increasing number of industrial automakers, strict vehicle safety and pollution standards, and research and development facilities located there, Europe is a significant market for test automation systems for powertrain dynamometers. Furthermore, the growth in the area will be fueled by the expansion of the motorsports business and motorsports-related events like circuit racing and rallycross. The teams’ increased testing of their cars as a result of these motorsports competitions has raised demand for test automation systems for powertrain dynamometers.
Test Automation Systems for Powertrain Dynamometer Market Report Coverage
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
Global Test Automation Systems for Powertrain Dynamometer market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
Frequently Asked Questions (FAQ)
Q1: What is the current market size and growth potential of the global test automation systems for powertrain dynamometer market?
Ans: The global test automation systems for powertrain dynamometer market was valued at USD 600 Million in 2022 and is expected to grow a CAGR of 5% during the forecast period (2023-2030).
Q2: What are the driving factors for the growth of the global test automation systems for powertrain dynamometer market?
Ans: Increase in the frequency of accidents are the key factors driving the growth of the market.
Q3: Which segment has the largest share of the global test automation systems for powertrain dynamometer market by vehicle type?
Ans: Passenger vehicles segment held the dominant share of the global test automation systems for powertrain dynamometer market by vehicle type.
Q4: What are the emerging technologies and trends in the global test automation systems for powertrain dynamometer market?
Ans: Continuous technical improvements in the automotive sector is one of the major trends in the market.
Q5: Which region will dominate the global test automation systems for powertrain dynamometer market?
Ans: Europe is expected to dominate the market during the forecast period.
Q6: Who are the key players operating in the global test automation systems for powertrain dynamometer market?
Ans: HORIBA, Ltd., Power Test, LLC, A&D Technology, SAKOR Technologies, Integral Powertrain Limited Inc., AVL, Unico, LLC, MAHLE Powertrain Limited, Taylor Dynamometer, Rototest AB
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Research Methodology
Research Methodology for the Global Test Automation Systems for Powertrain Dynamometer Market Analysis (2023-2030)
Analyzing the historical market, estimation of the current market, and forecasting the future market of the global test automation systems for powertrain dynamometer market were the three major steps undertaken to create and analyze the adoption of test automation systems for powertrain dynamometer in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global test automation systems for powertrain dynamometer market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the test automation systems for powertrain dynamometer market through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the test automation systems for powertrain dynamometer market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as the vehicle type, propulsion, communication and testing type. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the test automation systems for powertrain dynamometer market. Further, we conducted factor analysis using dependent and independent variables such as increase in the frequency of accidents and rising emission levels etc. globally. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the test automation systems for powertrain dynamometer market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global test automation systems for powertrain dynamometer market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the test automation systems for powertrain dynamometer market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global test automation systems for powertrain dynamometer market in terms of solutions offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the global test automation systems for powertrain dynamometer market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of vehicle type, propulsion, communication and testing type in the global test automation systems for powertrain dynamometer.
The main objective of the Global Test Automation Systems for Powertrain Dynamometer Market Study
The current & future market trends of the global test automation systems for powertrain dynamometer market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the test automation systems for powertrain dynamometer market in terms of Value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of vehicle type, propulsion, communication and testing type.
- Define and analysis of the regulatory framework for the test automation systems for powertrain dynamometer market industry.
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the test automation systems for powertrain dynamometer market for the major region.
- Major countries of regions studied in the report include Asia Pacific, Europe, North America, and Rest of the world.
- Company profiles of the test automation systems for powertrain dynamometer market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry
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