Press release
Market Development : Automotive Wind Tunnel Testing Equipment Market Globally Grow at a CAGR of 16.64% by Revenue During the Period 2017-2021
Wind tunnel testing equipment is used for determining the performance of a vehicle or its components against air by finding the drag, lift, and other moments like pitch, yaw, and roll. The market considered in the report is the automotive wind tunnel testing equipment, which includes all the passenger cars and commercial vehicles for which aerodynamics testing is conducted. It also includes the wind tunnel facilities owned by the F1 teams.
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Technavios analysts forecast the global automotive wind tunnel testing equipment market to decline at a CAGR of (16.64%) during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive wind tunnel testing equipment market for 2017-2021. To calculate the market size, the report considers the revenue from new facility construction and service provided to the OEMs.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Wind Tunnel Testing Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
HORIBA MIRA
Mitsubishi Heavy Industries
MAHLE GmbH
FKFS
Other prominent vendors
Glenn L. Martin
Windshear
Auto Research Center
RUAG
DNW
Aiolos
A2 Wind Tunnel
Fondmetal Technologies
Lexus
LTG
Toyota Motorsport
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Market driver
Cost pressure faced by OEMs
For a full, detailed list, view our report
Market challenge
High cost of setting up wind tunnel test facility
For a full, detailed list, view our report
Market trend
Mobile aero-acoustic wind tunnel
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Browse Report @ http://www.researchmoz.us/global-automotive-wind-tunnel-testing-equipment-market-2017-2021-report.html
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