Press release
Automotive Dyno Market Growth on Top Key Players HORIBA, AVL, Meidensha, Rototest, MTS, NTS, SuperFlow, Schenck, SGS, Sierra Instruments, Mustang Advanced Engineering, KAHN
In the last several years, the global automotive dynamometer market experienced a flat develop, with an average production growth rate about 3.05%. In 2016, the global automotive dynamometer market is 207 million USD.
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According to this study, over the next five years the Automotive Dyno market will register a 1.6% CAGR in terms of revenue, the global market size will reach US$ 230 million by 2024, from US$ 210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Dyno business, shared in Chapter 3.
The key manufacturers covered in this report: Breakdown data in in Chapter 3.
HORIBA
AVL
Meidensha
Rototest
MTS
NTS
SuperFlow
Schenck
SGS
Sierra Instruments
Mustang Advanced Engineering
KAHN
Froude Hofmann
In terms of global production market of automotive dynamometer, Europe is the largest supplier, following by USA, due to the advanced manufacturing technology. China is the emerging market, though its market share is still little now. The growth rate of China automotive dynamometer market is faster than other regions.
In the consumption end, Europe and USA are also the largest markets, due to developed automotive industries and mature automotive market. With fast growing of automotive production and more and more manufacturers building plants in China, China is becoming a more and more important market.
Segmentation by product type
Engine Dynamometer
Chassis Dynamometer
Others
Segmentation by application
Automotive OEM
Automotive Aftermarket
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Research objectives
To study and analyze the global Automotive Dyno consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Dyno market by identifying its various subsegments.
Focuses on the key global Automotive Dyno manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Dyno with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Dyno submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Complete report titled Global Automotive Dyno Market Growth 2019-2024 of 163 pages and published in February, 2019 is now available at https://www.marketstudyreport.com/reports/global-automotive-dyno-market-growth-2019-2024
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