Press release
Powertrain Market to Witness Robust Expansion by 2023
Powertrain Testing is undergoing radical change, driven by the challenges that global society faces today. The need for reduced dependence on fossil fuels and improved carbon footprints is driving advances in the technologies used in all vehicles. This in turn has a direct impact on approaches to testing of powertrain components and systems.
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Global Powertrain Market: Forecast by Type / Application / Region
There are three major areas of powertrain test: Hardware-in-the-loop and Component cells test sub-systems of the Powertrain and normally include simulation of other components that are absent from the test. These are generally focused on the development of hardware systems such as engine/prime-mover/transmission control systems.
Full-Powertrain cells provide a test of the full Powertrain solution, often in combination with a Robot Driver and real-world simulation tools.
In-Vehicle tests allow the full powertrain to be tested in the vehicle, normally with a Robot Driver and again will often use real-world simulation technologies.
Over the next five years, LPI(LP Information) projects that Powertrain will register a 0.8% CAGR in terms of revenue, reach US$ 2530 million by 2023, from US$ 2440 million in 2017.
Global Powertrain Market: Key Players
AKKA Technologies
Ricardo
FEV
ThyssenKrupp
Horiba
Applus+ IDIADA
Intertek
IAV
MAE
A&D
IBAG
Atesteo
FAKT
CSA Group
KST
CRITT M2A
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Related Information:
United States Powertrain Market Research Report 2018
Europe Powertrain Market Research Report 2018
North America Powertrain Market Research Report 2018
Asia-Pacific Powertrain Market Research Report 2018
China Powertrain Market Research Report 2018
EMEA Powertrain Market Research Report 2018
Global Powertrain Market Research Report 2018
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