Press release
Mexico Automotive Testing Market Report Analysis, Research Studies | Intertek Group Plc, Robert Bosch Gmbh, Anritsu, Siemens AG, D&V Electronics
The Mexico automotive testing market is expected to reach at a CAGR of 3.7% during the forecast period (2024-2031).DataM Intelligence has released a new research report on "Mexico automotive testingSize 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.
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Automotive testing verifies that vehicle models meet local, state, and national regulations for market approval. This process requires manufacturers to prove that their products have been rigorously assessed. Testing encompasses a wide range of vehicle features, including individual component analysis, emissions testing, buzz, squeak, and rattle evaluations, accident simulations, and detailed automotive electronics assessments. Additionally, performance and endurance tests are conducted to ensure the vehicle operates flawlessly under real-world conditions.
The Automotive testing 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 unveiled a new collaboration aimed at accelerating and automating electromagnetic compatibility (EMC) testing under real-world driving conditions. This partnership introduces an advanced approach for automating the analysis of EMC data for electric drivetrains, streamlining and expediting 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, limited R&D facilities for automotive testing could pose a significant challenge.
Introduction of New Laws on Vehicle Safety
Recent years have seen Mexico implement several new regulations to ensure 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 advanced, filter-based standards similar to those 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
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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/automotive-testing-market
Automotive Testing Inspection Certification Market: https://datamintelligence.com/research-report/automotive-testing-inspection-certification-market
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Contact Person: Sai Kiran
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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.
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