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Mexico Automotive Testing Industry To Witness Massive Growth (2024-2031) | Intertek Group Plc, Robert Bosch Gmbh, Anritsu, Siemens AG

09-18-2024 02:13 PM CET | Tourism, Cars, Traffic

Press release from: DataM Intelligence 4 Market Research LLP

Mexico Automotive Testing Market || 2024-2031

Mexico Automotive Testing Market || 2024-2031

The Mexico Automotive Testing Market is projected to achieve a compound annual growth rate (CAGR) of 3.7% during the forecast period from 2024 to 2031.

DataM Intelligence has released a new research report on "Mexico Automotive Testing Market Size 2024." This report offers in-depth insights into key factors such as regional growth, segmentation, CAGR, and the revenue status of leading players in the industry. Its aim is to present a detailed overview of the current market size in terms of value and volume, as well as potential opportunities and development trends.

Get a Free Sample Research PDF - https://www.datamintelligence.com/download-sample/mexico-automotive-testing-market

Automotive testing ensures that vehicle models comply with local, state, and national regulations before they can be marketed. Manufacturers must demonstrate that their products have undergone comprehensive evaluation. Testing encompasses a wide range of vehicle features, including individual component analysis, emissions testing, and assessments for noise, vibration, and harshness (buzz, squeak, and rattle). It also involves accident simulations and detailed automotive electronics testing. Additionally, performance and endurance tests are conducted to verify that the vehicle operates reliably under real-world conditions.

The Mexico Automotive Testing Market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

Key Development:

On November 24, 2022, AVL and Rohde & Schwarz announced a partnership to accelerate and automate EMC testing under real-world driving conditions. The collaboration introduces an innovative approach for automating the analysis of electromagnetic compatibility (EMC) data for electric drivetrains, aiming to streamline and expedite the development process.

Market Dynamics:

The introduction of new vehicle safety regulations is anticipated to drive growth in the automotive testing market during the forecast period. However, a lack of R&D facilities for automotive testing could pose a significant market constraint.
Introduction of New Vehicle Safety Regulations

In recent years, Mexico has enacted several new laws to enforce minimum vehicle safety and emission standards. For example, on February 19, 2018, the Mexican government introduced NOM-044-SEMARNAT-2017, which sets final emissions requirements for engines in heavy-duty trucks, buses, and other large vehicles. According to this regulation, all new heavy-duty vehicles sold in Mexico from January 1, 2021, must meet the same stringent, filter-based emission standards that are already required in North America and the European Union.

Market Segment Analysis

By Type: Autonomous and Connected Vehicles, Automotive Fluids, Electrical Components and Electronics, Electro Mobility / Electric Vehicles, Materials and Components - Composites, Plastics and Metals, Engine and Gears, Environmental Testing, System Testing, Crash Test

By Product Type: Engine Dynamo Meter, Wheel Alignment Tester, Chassis Dynamo Meter, Vehicle Emission Tester, Transmission Dynamometer, Fuel Injection Pump Tester, Advanced Battery Analyzer, Durability Tester, Endurance Tester, Flammability Tester, Gas Analyzer, Impact Or Crush Testers, Torsional Fatigue Tester, Vibration Tester

By Vertical: Passenger Vehicle, Commercial Vehicle

Get Customization in the report as per your requirements - https://www.datamintelligence.com/customize/mexico-automotive-testing-market

Major Key players

• SGS SA
• Intertek Group Plc
• Robert Bosch Gmbh
• Anritsu
• Siemens AG
• D&V Electronics
• TÜV RHEINLAND
• Dekra
• UL Solutions
• Rohde & Schwarz GmbH & Co KG

*Note:

Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Related Reports:

Automotive Testing Market: https://datamintelligence.com/research-report/india-automotive-testing-market

India Automotive Testing Market: https://datamintelligence.com/research-report/india-automotive-testing-market

Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

DataM Intelligence is a Market Research and Consulting 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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