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Automotive Testing Market Size, Share, Industry Trends and Report 2023-2030

10-11-2023 03:28 PM CET | Logistics & Transport

Press release from: DataM Intelligence 4Market Research

DataM Intelligence

DataM Intelligence

Market Overview
Automotive testing involves subjecting whole cars, components, and systems to a variety of laboratory, virtual, and real-world tests to assure safety, dependability, and compliance with safety regulations.
The passenger car segment is expected to be the largest market for automotive testing over the projected period. Rising consumer buying power and demand for passenger automobiles in India are driving sector expansion. Passenger cars outnumber commercial vehicles in terms of sales volume and hence, top the segment.

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Market Growth Analysis
As per DataM Intelligence's latest report, the "Global Automotive Testing Market" is estimated to reach a CAGR of 4.2% from 2023 to 2030.

Market Key Drivers
The Increasing Usage of Electronic Components in Vehicle
Road accidents are a big problem in India. India has the highest number of road deaths globally. According to the most recent statistics from the Ministry of Traffic Transport and Highways (MoRTH), over 4.5 lakh traffic accidents occurred in 2019, killing over 1.5 lakh people.

Although there are multiple reasons for the accidents, the low quality of automobiles marketed in India has received special attention. An independent car safety charity, Global NCAP (New Car Assessment Program), performed crash testing on popular models offered in India and rated them below average owing to a lack of safety features and poor build quality.

In April 2019, the Government of India announced new car safety legislation that would make the use of safety technologies such as ABS and ESP obligatory in all new vehicles sold in the nation. Additional rules require frequent crash testing of automobiles in accordance with UN standards. The government enforced the usage of twin airbags from April 1, 2021, and a minimum of six airbags beginning October 1, 2022. Many more similar legislation are being considered.

Automotive Testing Market: Segmentation Analysis
The automotive testing market is segmented by type into autonomous and connected vehicles, automotive fluids, electrical components and electronics, electro mobility, materials and components, engine and gears, environmental testing, system testing, and others; by product into engine dynamometer, wheel alignment tester, chassis dynamometer, vehicle emission tester, and others; and by vertical into passenger vehicle, and commercial vehicle.

Environmental testing in automobile testing is predicted to have a large global market share. Environmental testing simulates the varied environmental environments and mechanical loads that items face during their lifespan. Environmental testing will uncover problems in a product's design or performance that may develop in use, particularly at high temperatures.

For testing components to major items, environmental test chambers of different sizes are available to simulate temperatures ranging from -70°C to 180°C and relative humidity ranging from 10% to 98.5%. Environmental test chambers are largely used in the automotive and other sectors to assess component and product durability in extreme environmental conditions.
Environmental testing also helps to demonstrate your products' conformity with global rules, which makes it simpler to reach global markets. Environmental testing boosts customer confidence in your products.

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Key Developments of Automotive Testing Market
SGS SA increased and improved its vehicle testing capabilities on February 4, 2019, by starting airbag testing at its Gurgaon, India facility. The National Accreditation Board for Testing and Calibration Laboratories (NABL) has approved the facility for ISO/IEC 17025 compliance.

On May 27, 2021, Automotive Test Systems inaugurated a new testing facility for electric vehicles in Bangalore, India. The new laboratory would perform numerous tests on e-axles, electric motors, and EV batteries, all of which are critical components of electric vehicles.

DEKRA, a worldwide car testing firm located in Germany, acquired Movon Corporation, a South Korean testing facility, on September 14, 2020. The firm wants to use Movon Corporation's electromagnetic compatibility (EMC) and radiofrequency (RF) testing facilities to extend its vehicle testing network.

Regional Insights
By region, the global automotive testing market is segmented into North America, South America, Europe, Asia Pacific, Middle East, and Africa.
Asia Pacific is Expected to Hold a Dominant Position Due to Technological Advancements

The vehicle industry is centred in Asia-Pacific. A rise in consumer buying power is driving the region's demand for cars.
The large population of nations such as India, which accounts for a sizable share of the world's population, plays a significant role in the region's growth. According to projections, India will account for 3.47% of the global automotive testing business and 8.55% of the Asia-Pacific market.

Furthermore, owing to the low cost of manufacturing and the availability of inexpensive labour, various OEMs have either created production facilities or collaborated with local car makers. Asia-Pacific is expected to become the fastest-growing area for automobile testing due to continued developments in safety systems and technological advancements.

Competitive Landscape
The major companies contributing to the automotive testing market growth include SGS SA, Intertek Group Plc, Robert Bosch Gmbh, Anritsu, Siemens AG, D&V Electronics, TÜV RHEINLAND, Dekra, UL Solutions, Rohde & Schwarz GmbH & Co KG, Element and AVL List GmbH.

About DataM Intelligence
DataM Intelligence 4Market Research is a Market Research firm that provides end-to-end business solutions to organizations from Research to Consulting. We at DataM Intelligence leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of Syndicate Reports & and; Customized Reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries, catering to the key business research needs that influence the growth trajectory of our vast clientele.

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