NEW YORK, May 24, 2021 /PRNewswire/ -- The automotive dyno market is set to grow by USD 70.74 million, progressing at a CAGR of almost 2% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AVL List GmbH, Dutch Dynamometers and Engineering Solutions BV, Dynamometer Services Group Ltd., Dynomerk Controls, Froude Inc., HORIBA Ltd., Kahn & Company Inc., Land and Sea Inc., Meidensha Corp., and Mustang Dynamometer are some of the major market participants. Factors such as the higher investments in R&D and testing due to cost pressure faced by OEMs, APAC driving market revenue, and the governments across the globe enforcing regulations to upgrade to newer emission norms will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Automotive Dyno Market 2021-2025: Segmentation
Automotive Dyno Market is segmented as below:
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Automotive Dyno Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the automotive dyno market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include AVL List GmbH, Dutch Dynamometers, and Engineering Solutions BV, Dynamometer Services Group Ltd., Dynomerk Controls, Froude Inc., HORIBA Ltd., Kahn & Company Inc., Land and Sea Inc., Meidensha Corp., and Mustang Dynamometer.
The report also covers the following areas:
Higher investments in R&D and testing due to cost pressure faced by OEMs are likely to emerge as one of the primary drivers of the market. However, the capital-intensive nature of testing facilities and dynamometer machines may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research reports on the automotive dyno market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Automotive Dyno Market 2021-2025: Key Highlights
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Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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