Global Automotive Dyno Market to Reach US$ 1,060.5 Million by 2032, Bolstered by the Significant Growth of Automotive Industry

April 25, 2022 | Automotive Industry

The latest report by IMARC Group, titled “Automotive Dyno Market Report by Product Type (Chassis Dyno, Engine Dyno), Application (Automotive OEM, Automotive Aftermarket), and Region 2024-2032,” finds that the global automotive dyno market reached a value of US$ 896.0 Million in 2023. An automotive dyno or a dynamometer is a testing device used to measure the torque and rotational speed of an engine, motor, or other rotating prime movers simultaneously. The dynamometer is responsible for instantaneous power or torque calculations required to operate a driven machine. It is used throughout the manufacturing cycle, making it necessary equipment for all vehicle assembly lines. The automotive dyno includes mechanical parameters such as force, power, speed, rotational speed (RPM), and torque of the vehicle. It is generally used in the automotive industry for recording emission, fuel consumption, rotational speed, acceleration of rollers, and resistance from electromagnetic brakes. It also finds applications in computing Exhaust Gas Temperature (EGT), Manifold Absolute Pressure (MAP), and Air to Fuel Ratio (AFR).

Global Automotive Dyno Market Trends: 

The market is primarily driven by the increasing demand for automobile restoration and refurbishment. Besides this, the significant growth of the automotive industry owing to rapid urbanization and industrialization is also fueling the market growth. This increases the automotive production rate and the need to undergo compliance tests to meet industry standards and ratings. Moreover, the automotive dynos are increasingly gaining traction across aerospace, aviation and marine industries to ensure maximum efficiency of vessel engines. Furthermore, technological innovations such as the introduction of engine torque pulsation simulation (ETPS) dynamometer and accessibility of automation processes, such as engine mounting test bed and crank angle position recognition, are creating a positive outlook for the market. Looking forward, the market is expected to reach a value of US$ 1,060.5 Million by 2032, exhibiting a CAGR of 1.8% during the forecast period (2024-2032).

Market Summary: 

  • Based on the product type, the market has been segmented into chassis and engine dyno.
  • On the basis of application, the market has been classified into automotive OEM and automotive aftermarket.
  • Region-wise, the market has been divided into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being AVL List GmbH, HORIBA Group, Meidensha Corporation, Power Test, LLC, SAKOR Technologies, Taylor Dynamometer, Rototest, MTS Systems, NTS Technical Systems, SuperFlow Dynamometers & Flowbenches, Schenck Process Holding GmbH, SGS SA, Sierra Instruments, Inc., Mustang Advanced Engineering, KAHN & Company Inc., Hofmann Tesys, and Froude, Inc.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Automotive Dyno Market to Reach US$ 1,060.5 Million by 2032, Bolstered by the Significant Growth of Automotive Industry
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