Automotive Test Equipment Market – Overview
Automotive testing is majorly gaining traction in the areas of rheology, fire, mechanics, media resistance and surface performance. The automotive test equipment industry is one among the most challenging industries. New designs of automotive, shorter vehicle time to market and increasing regulations by the government majorly for emission control is creating new challenges for the automotive industry. For overcoming such challenges, it is becoming necessary for the automotive manufacturers to introduce automotive test equipment, thereby driving the growth of the market.
Automobiles are being increasingly equipped with modern infotainment and safety electronic, which is generating more needs for the adoption of automotive test equipment. The percentages of electronic devices in automotive is increasing at a very fast pace. The mechanical components are being replaced by the electronic components. This generates a corresponding increase in the demand for suitable technologies to ensure that the automotive components are being tested before being placed in the automobiles.
Freese Enterprises Inc. is a specialist in the automotive testing equipments and is very useful for applications such as Air Bag Controller, Automotive Paint and Coatings, Lighting Systems, Bumper Stiffness, Electric Motors, Electronic Throttle, Multi-Function Switches and Instrument Panel Cluster Gauges among others.
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Automotive Test Equipment Market – Competitive Analysis
The Market is witnessing increased competition and is expected to further intensify during the forecast period. The players in the market incorporate acquisition, collaboration, partnership and expansion in order to gain competitive advantage in this market and to maintain their market position.
Technological advancements in the manufacturing of the automotive test equipment and the increasing research and development expenditure by the key players is expected to increase the level of competition in the Automotive Test Equipment Market.
Robert Bosch GmbH (Germany), Honeywell International Inc. (U.S.), Siemens AG (Germany), ABB Ltd. (Switzerland), Delphi Automotive PLC (U.K.), Actia S.A. (France), Advantest Corp (Japan), Horiba Ltd. (Japan), Softing AG(Germany), ACTIA Group (France), EM TEST (Switzerland), Freese Enterprises Inc. (U.S.), Moog Inc. (U.S.), Sierra Instruments (U.S.) and Teradyne Inc. (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Automotive Test Equipment Market.
Industry/ Innovation/ Related News:
September 2017- Advantest Corp sold V93000 Platform with Universal Analog Pin Module to TDK-Micronas for Testing Full Range of Automotive Sensors. By acquiring this flexible system, the company gained a fully integrated solution for final testing of sensors and controllers for automotive and industrial applications.
May 2013- Moog Inc. showcased Electric and Hydraulic Simulation Tables at the Automotive Testing Expo Europe 2013. Moog’s also provided a wide range of automotive testing equipment and systems which included Electric Simulation Tables, Tire Coupled Simulation Systems, Electric and Hydraulic Actuators, Servo Valves, Test Controllers and Test Software for multi-axis test systems.
December 2008 – EM TEST launched the automotive test equipment along with the new iso control software for automotive testing. The software offers a wide range of benefits to the users such as structured user interface which allows easy setting up of tests, pulse windows which tells the user where the selected test stands and integrates external measuring devices for DUT monitoring and automated pulse verification.
May 2005- Horiba Ltd. completed the acquisition of SCHENCK-Development Test Systems. This was accomplished to help the plan of the management to double the sales of their engine measurement business. This acquisition helped the company in rapid extension of their emission measurement and powertrain research and development business activities as a total system supplier to the automotive industry.
Automotive Test Equipment Market – Segmentation
The Automotive Test Equipment Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product Type – Wheel Alignment Tester, Engine Dynamometer, Chassis Dynamometer, Vehicle Emission Test System
Segmentation by Vehicle Type – Light Commercial Vehicle, Heavy Commercial Vehicle, Passenger Cars
Segmentation by application – Mobile Device based Scan Tool, Handheld Scan Tool, PC/ Laptop based Scan Tool and others
Segmentation by Regions: North America, Europe, APAC and Rest of the World.
Automotive Test Equipment Market – Regional Analysis
The Asia-Pacific region is expected to dominate the global automotive test equipment market owing to the presence of the developing countries such as India and China, where the automotive industry is growing at a faster pace. The market in the Asia Pacific region is also growing owing to factors such as increasing number of vehicle manufacturing facilities due to low cost of production, increasing production capacity and growing demand for light and heavy vehicles.
The North America region is a matured market for automotive test equipment. The original equipment manufacturers in the region are focusing on efforts for improvement of the production quality for delivering quality product. The demand for automotive test equipment in the North America region is also being driven by the strict emission norms regarding CO2 and NOx emissions. Also, many original equipment manufacturers are setting up engine and assembly plants in Mexico and Canada, which is increasing the demand for automotive test equipment.
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