Published On : 18 Jul 2017
QYResearchReports has added a report, titled “Global Automotive Dyno Market Professional Survey Report 2017,” to its expansive database of market research reports. The increasing demand for automobile restoration is boosting the growth of the global automotive dyno market. This is especially true for Asia Pacific markets, which is growing at a rapid pace. Indian markets have high mechanical and technical skill sets and this will make considerable contribution to the vehicle restoration market. Moreover, technical institutes in India are broadening the scope of automobile restoration, on account of the high demand. This has culminated in the establishment of new professional centers across India in cities such as New Delhi, Chennai, Bangalore, and Mumbai.
The increasing need for modernization of dynamometers will remain one of the key factors propelling the growth of the global automotive dyno market. With enforcement of new laws limiting noise for cars, heavy duty vehicles, and vans, the demand for automotive dyno will continue to escalate. The European Union is foreseeing to impose new noise limits for vehicles by 2024 and this will aid the growth of the market.
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The global automotive dyno market can be segmented on the basis of type into engine dyno and chassis dyno. Of these, the chassis dyno segment emerged as the leading segment in the market on account of the convenience it offers of running the entire vehicle on the dyno without the need to remove any components from the chassis. In addition to this, chassis dyno can measure the driveline and engine performance, which in turn will inspire opportunities of growth during the forecast period, states the leading author of this report.
On the basis of geography, the global automotive dynamometers market can be segmented into Asia Pacific, Europe, North America, and the Rest of the World. Of these, the Asia Pacific market for automotive dyno will continue to lead throughout the forecast period, fueled by rapid economic growth in developing nations such as China and India, which in turn is boosting the automobile market, thereby driving the demand for automotive dynamometers.
Players in the global automotive dynamometers market are constantly striving for innovation. Innovation is being sought after both in the manufacturing process and in terms of product features. The market is dynamic in nature and this is inspiring testing requirements as well as the development of high performance equipment, furthering the growth prospects of the automotive dyno market. The report profiles key players operating in this market for the purpose of study. They are: HORIBA, Mustang Advanced Engineering, AVL, KAHN, Rototest, Froude Hofmann Meidensha, MTS, SuperFlow, NTS, Schenck, Sierra Instruments, and SGS.
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