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City of Industry, CA -- (SBWIRE) -- 06/29/2018 -- This report studies the global Automotive Test Equipment market status and forecast, categorizes the global Automotive Test Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)
Automotive test equipment is required by automakers to ensure the safety of the passenger and compliance of the vehicle to governmental regulations before it is launched in the market. This equipment helps vehicles adhere to norms and undergo mandatory quality checks.
In terms of product type, the vehicle emission test system segment is projected to grow at the highest CAGR from 2018 to 2023, followed by the engine dynamometer segment.
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The Asia-Pacific region is estimated to dominate the automotive test equipment market, in terms of value, in 2018, with China being a key contributor to the growth of the market in the region.
The global Automotive Test Equipment market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR during 2018-2025.
The major manufacturers covered in this report
ABB
Delphi Automotive
HORIBA
Robert Bosch
ACTIA Group
ADVANTEST
EM TEST
Freese Enterprises
Honeywell International
Moog
Presto Testing Instruments
Sierra Instruments
SPACE S.R.L
Tecnicas Reunidas de Automocion
Tesscorn
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
United States
EU
China
Japan
South Korea
India
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.