Press release
Automotive Testing Market Analysis Distribution Channel End-Users Growth Factors Competitive Landscape Forecast To 2031 | SGS SA, Intertek Group Plc, Robert Bosch Gmbh,
DataM Intelligence has released a new research report on the Automotive Testing market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.The Automotive Testing Market is anticipated to reach at a CAGR of 4.2% during the forecast period.
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The automotive testing market encompasses a range of services and solutions designed to evaluate the performance, safety, and compliance of vehicles and their components. This market includes various testing types, such as vehicle dynamics testing, emissions testing, crash testing, durability testing, and regulatory compliance assessments. Automotive testing is crucial for ensuring that vehicles meet industry standards and regulations before they reach consumers.
List of the Key Players in the Automotive Testing Market:
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.
Key Developments:
On February 4, 2019, SGS SA expanded its automotive testing services by launching airbag testing at its laboratory in Gurgaon, India. This facility is accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) for compliance with ISO/IEC 17025, ensuring high-quality testing standards.
On May 27, 2021, Automotive Test Systems inaugurated a new testing facility for electric vehicles in Bangalore, India. This state-of-the-art facility is designed to conduct various tests on key components of electric vehicles, including e-axles, electric motors, and EV batteries, supporting the growing demand for electric vehicle technology.
On September 14, 2020, DEKRA, a leading multinational automobile testing company based in Germany, acquired Movon Corporation, a South Korean testing laboratory. This acquisition aims to expand DEKRA's vehicle testing network, leveraging Movon Corporation's expertise in electromagnetic compatibility (EMC) and radiofrequency (RF) testing laboratories to enhance its service offerings.
Research Process:
Both primary and secondary data sources have been used in the global Automotive Testing Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Automotive Testing Market:
By Product Type: Engine Dynamometer, Wheel Alignment Tester, Chassis Dynamometer, Vehicle Emission Tester.
By Application: Passenger Vehicle, Commercial Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle.
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**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**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Automotive Testing market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Automotive Testing Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Automotive Testing market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Automotive Testing Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/automotive-testing-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the Automotive Testing market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the Automotive Testing market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Automotive Testing market?
☛ What are the major opportunities that the companies can get to attain success in the world?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
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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