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Key Trends Influencing the Growth of the Automotive Chassis Dynamometer Market in 2025: The Rise Of Portable Chassis Dynamometers In The Automotive Industry
Automotive Chassis Dynamometer Market
What Is the Expected CAGR for the Automotive Chassis Dynamometer Market Through 2025?
The market for automotive chassis dynamometers has shown consistent expansion in the past few years. The market value is projected to increase from $0.21 billion in 2024 to $0.21 billion in 2025, marking a compound annual growth rate (CAGR) of 2.8%. The notable growth during the historical period is driven by factors such as ongoing urbanization and city congestion, heightened consumer consciousness, an increase in disposable income, and the powerful economic rise in developing markets.
What's the Projected Size of the Global Automotive Chassis Dynamometer Market by 2029?
In the coming years, the market size of the automotive chassis dynamometer is anticipated to experience consistent growth, reaching $0.25 billion in 2029 with a compound annual growth rate (CAGR) of 3.9%. This growth during the forecast period can be attributed to a surge in population density, escalating automation and digitalization in rolling stock, integration with sustainable energy sources, heightened connectivity, and incorporation of Internet of Things (IoT). Key trends during this forecast period are likely to include all-wheel-drive (AWD) dynamometer testing, compatibility with vehicle dynamics control systems, testing of electric and hybrid powertrains, the advent of portable and modular dynamometer designs, and an intensified focus on emissions testing.
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Top Growth Drivers in the Automotive Chassis Dynamometer Industry: What's Accelerating the Market?
The automotive chassis dynamometer market is projected to be propelled by the escalating production of automobiles in the coming years. Automotive chassis dynamometers, which are used to measure torque in vehicles as well as diagnose suspension issues, environmental and emission performance, and complete vehicle performance, are expected to see a surge in demand due to the increasing production of automobiles. For example, the production of cars in India rose to 30.82 lakh units in 2021, as opposed to 24.33 lakh units in 2020. Consequently, it's anticipated that the growth of the automobile industry will be a primary driver for this market.
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What Trends Will Shape the Automotive Chassis Dynamometer Market Through 2029 and Beyond?
The increasing popularity of mobile and portable chassis dynamometers is a significant trend in the automotive chassis dynamometer market. Portable dynamometers are garnering attention for their ability to conduct environmental tests under real-world conditions, acting as a cost-effective alternative to complex, in-house testing systems. As an example, Mustang Dynamometer, a high-quality testing equipment designer and manufacturer based in the US, launched the MD-SXS/UTV chassis dynamometer in May 2022. This state-of-the-art dyno is ideally suited for the power motorsport market, offering services for side-by-sides, UTVs, motorcycles, quad-runners, and many more. Mustang's MD-SXS/UTV Dyno is a uniquely engineered high-speed combination dyno for motorcycles, UTVs, and side-by-sides.
What Are the Main Segments in the Automotive Chassis Dynamometer Market?
The automotive chassis dynamometer market covered in this report is segmented -
1) By Product Type: Single Roller, Multi Roller
2) By Drive Type: All Wheel Drive Dyno, Two Wheel Drive Dyno
3) By Application: Light Commercial Vehicle, Heavy Commercial Vehicle, Passenger Vehicle, Racing Vehicle
Subsegments:
1) By Single Roller: Direct Drive Single Roller, Indirect Drive Single Roller
2) By Multi Roller: Two Roller, Four Roller, Six Roller
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Which Top Companies are Driving Growth in the Automotive Chassis Dynamometer Market?
Major companies operating in the automotive chassis dynamometer market include Mustang Dynamometer, Ono Sokki Co. Ltd., Sierra Instruments Inc., Rototest Ab, Saj Test Plant Pvt Ltd., Kratzer Automation AG, Horiba Ltd., Meidensha Corporation, Taylor Dynamometer Inc., Power Test Inc., Dyno Dynamics, Dynapack Asia Group, Elektrodyne Industries Private Ltd., V-tech Dynamometers, Shin Nippon Tokki Co. Ltd., AVL List GmbH, SAKOR Technologies Inc., Dynojet Research Inc., MAHA Maschinenbau Haldenwang GmbH & Co. KG, Hofmann Prüftechnik GmbH, National Technical Systems Inc., Kinetic Systems Inc., SuperFlow Dynamometers & Flowbenches, AccuDyne Systems Inc., BOSCH Automotive Service Solutions Inc., Spoon Sports USA, Froude Hofmann Ltd., Racelogic Ltd., Chassis Dynamometer Services Inc., OPELMEX
Which Regions Will Dominate the Automotive Chassis Dynamometer Market Through 2029?
Asia-Pacific was the largest region in the automotive chassis dynamometer market in 2024. The regions covered in the automotive chassis dynamometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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