2018-2023 Global Automotive Chassis Dynamometers Consumption Market Report – ResearchByMarkets

September 19, 2018/Press Release/ResearchByMarkets/— This research report covers the present scenario (with the base year being 2017) and the growth prospects of Global Automotive Chassis Dynamometers Market for 2018-2023.

Automotive chassis dynamometer, sometimes called a rolling road is a device used for vehicle testing and development. It uses a roller assembly to simulate a road in a controlled environment, usually inside a building.

The classification of Automotive Chassis Dynamometer includes Multi Roller type and Single Roller. Multi Roller type represent 77.8% market share in 2017 and enjoying a faster growth rate as the fast development of 4WD and all WD Vehicle.

Europe is the largest consumption place as the require of automotive development and modifying, with a consumption market share nearly 33.6% in 2017. Following Europe, North America is the second largest consumption place with the consumption market share of 27.84%.

Market competition is not intense. HORIBA, Meidensha, AVL List, MTS, Rototest, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

Over the next five years, this research report projects that Automotive Chassis Dynamometers will register a 2.9% CAGR in terms of revenue, reach US$ 150 million by 2023, from US$ 120 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Chassis Dynamometers market by product type, application, key manufacturers and key regions.

To calculate the market size, this research report considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Single Roller Type
Multi Roller Type
Segmentation by application:
Passenger Vehicle
Commercial Vehicle

This report also splits the market by region:
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
AVL List
Mustang Dynamometer
Shin Nippon Tokki
Sierra Instruments
Dyno Dynamics
Hofmann TeSys

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automotive Chassis Dynamometers consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automotive Chassis Dynamometers market by identifying its various subsegments.
Focuses on the key global Automotive Chassis Dynamometers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Chassis Dynamometers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Chassis Dynamometers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Ritesh Tiwari is the Founder of Research By Markets. He has more than 7 years experience in the Market Research industry and a total experience spanning 18+ years. His core experience is in Sales and International Recruitments. Ritesh is a big foodie and a huge football fan, supporting Manchester United (EPL) and FC Barcelona (La Liga). He hardly misses watching any matches when these teams are playing. Get in touch with Ritesh via: enquiry@researchbymarkets.com *Industry Press Release is a part of Research By Markets.