Chassis Dynamometers Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032
From 2022 to 2032, the global market for chassis dynamometers is projected to grow at a CAGR of 2.5 percent, from US$ 196.4 million in 2022 to US$ 250.9 million in 2032. Increased automation is blamed for the market’s expansion. The market saw an increase at a CAGR of 2% over the historical period from 2016 to 2021.
The chassis dynamometers market is expected to gain traction
over the forecast period owing to high accuracy and modularity. Chassis
dynamometer is a part of test equipment involving a platform with a pair of rollers,
braking absorption system and software to calculate power output. It is
proficient of providing drive input and measuring output, such as torque and
power at the wheels.
Chassis dynamometers are highly preferred in the developing
countries owing to its benefits. Chassis dynamometers are generally available
in two types, i.e., single row of rollers and double row of rollers. Chassis
dynamometers are very useful for analyzing suspension problems, determining
output in torque and horsepower, tuning the engine and testing vehicle
performance.
Beyond this, dynamometers can also be used for a variety of
engine development activities such as calibration of engine management
controller. Chassis dynamometers are used by various end users such as
passenger and commercial vehicles to perform tests involving emission
performance, environmental performance and horsepower performance.
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Global Chassis Dynamometers Market: Dynamics
Drivers:
Accuracy of the measurement and high repetitiveness are
expected to be major factors driving the growth of chassis dynamometer market
over the forecast period. Moreover, possibility of the easy upgrade and the
modularity of solutions are also expected to fuel the growth of the chassis
dynamometer market in the near future.
Advantages of chassis dynamometers such as no limitation on
the complexity of test cycle, fuel economy and exhaust emission, which can be
measured simultaneously and measurement can be made over a wide temperature
range, will further drive the growth of the chassis dynamometers market.
Furthermore, high labor cost and increase in automation are
also expected to give traction to the growth of chassis dynamometers market
over the forecast period.
Restraint:
Some chassis dynamometers may give rise to incorrect inertia
loading of the vehicle owing to large intervals in inertia weight. This is
expected to be a major factor hampering the growth of the chassis dynamometers
market over the forecast period. Moreover, total load simulated on the chassis
dynamometers may not duplicate the rolling resistance of vehicle.
This is further expected to hinder the growth of chassis
dynamometers market in the near future. Furthermore, frictional and mechanical
losses in various drivetrain components also act as restraining factors in the
growth of chassis dynamometers market.
Global Chassis Dynamometers Market: Region-Wise Outlook
The growing automotive market in countries, such as India,
China and Japan, makes Asia Pacific one of the fast growing markets for chassis
dynamometer. The Asia Pacific chassis dynamometer market likely to witness high
growth owing to high demand over the forecast period.
Countries such as Germany, Italy and France have witnessed
economic growth for the chassis dynamometer market owing to preference of
electric dynamometer over the other types of dynamometers. Over the forecast
period, North America is expected to witness growth of the chassis dynamometer
market due to growing consumer awareness regarding benefits of chassis
dynamometers over other dynamometers.
Latin America and the Middle East also support the growth of
the automotive chassis dynamometers market due to expected growth in the
automobile industry over the forecast period.
Global Chassis Dynamometers Market: Participants
Examples of some of the market participants identified
across the value chain of the global chassis dynamometers market include:
- MTS
Systems Corporation
- MEIDENSHA
CORPORATION
- HORIBA,
Ltd.
- Rototest
- Schenck
RoTec GmbH
- Mustang
Advanced Engineering
- Dyno
Dynamics
- Maha
Maschinenbau Haldenwang GmbH
- V-tech
Dynamometers
- Dynocom
Industries, Inc.
- Elektrodyne
- Mustang
Dynamometer
- SuperFlow
Dynamometers & Flowbenches
The research report presents a comprehensive assessment of
the market and contains thoughtful insights, facts, historical data, and
statistically supported and industry-validated market data. It also contains
projections using a suitable set of assumptions and methodologies. The research
report provides analysis and information according to market segments such as
geographies, application, and industry.
The report covers exhaust analysis on
- Market
Segments
- Market
Dynamics
- Market
Size
- Supply
& Demand
- Current
Trends/Issues/Challenges
- Competition
& Companies involved
- Technology
- Value
Chain
Regional analysis includes
- North
America (U.S., Canada)
- Latin
America (Mexico. Brazil)
- Western
Europe (Germany, Italy, France, U.K, Spain)
- Eastern
Europe (Poland, Russia)
- Asia
Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle
East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain. The report
provides in-depth analysis of parent market trends, macro-economic indicators
and governing factors along with market attractiveness as per segments. The
report also maps the qualitative impact of various market factors on market
segments and geographies.
Global Chassis Dynamometers Market: Segmentation
The global chassis dynamometers market can be segmented by
type and end use/application.
By type, the chassis dynamometers market can be segmented
into:
- Single
Row of Rollers
- Double
Row of Rollers
By type, the chassis dynamometers market can be segmented
into:
- Light
Commercial Vehicle
- Heavy
Commercial Vehicle
- Passenger
Vehicle
- Racing
Vehicle
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