Automotive Dyno Market Research Report and Forecast 2019-2024

Automotive Dyno Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global automotive dyno market was worth US$ 891 Million in 2018. An automotive dyno or dynamometer is a type of test equipment used in the automotive industry for measuring and recording mechanical parameters such as force, power, speed and torque of a vehicle. There are primarily two types of dynamometers used in the automotive industry, namely, engine dyno and chassis dyno. The engine dyno performs the engine testing function and measures the power and torque directly from the engine, whereas chassis dyno measures the output of the same at drive wheels. They are also used for measuring rotational speed, accelerations of rollers, resistance generated by electromagnetic brakes, fuel consumption and emissions. Automotive dynamometers also find application in computing Air to Fuel Ratio (AFR) of a mixture, Exhaust Gas Temperature (EGT) and Manifold Absolute Pressure (MAP).

A thriving automotive industry and rapid industrialization are the key factors driving the market growth. This, coupled with the growing demand for automobile restoration and refurbishment, is contributing significantly to the sales of automotive dyno. Furthermore, industrialization in both the developed and emerging economies has elevated the demand for automobiles for daily commutation and transportation of goods and materials across various locations. Another factor positively influencing the market is the increased applicability of dynamometers in sectors such as aviation, aerospace and marine that require the equipment to ensure maximum efficiency of vessel engines. Furthermore, increasing technological innovations such as the development of engine torque pulsation simulation (ETPS) dynamometer and availability of automation procedures such as engine mounting test bed and crank angle position detection are also expected to catalyze the market growth. Looking forward, IMARC Group expects the market to reach a value of US$ 1,039 Million by 2024, registering a CAGR of 2.6% during 2019-2024.

Report Coverage:

Historical, Current and Future Market Trends
Market Breakup by Product Type:
- Chassis Dyno
- Engine Dyno
- Others
Market Breakup by Application:
- Automotive OEM
- Automotive Aftermarket
Market Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being AVL, HORIBA, Meidensha, Power Test, SAKOR Technologies, Taylor Dynamometer, Meidensha, Rototest, MTS, NTS, SuperFlow, Schenck, SGS, Sierra Instruments, Mustang Advanced Engineering, KAHN, Froude Hofmann, etc.

Key Questions Answered in This Report:

How has the global automotive dyno market performed so far and how will it perform in the coming years?
What are the key regional markets in the global automotive dyno industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the global automotive dyno industry?
What are the key driving factors and challenges in the global automotive dyno industry?
What is the structure of the global automotive dyno industry and who are the key players?
What is the degree of competition in the global automotive dyno industry?
What are the profit margins in the global automotive dyno industry?