DUBLIN--(BUSINESS WIRE)--The "Global Automotive Powertrain Testing Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The automotive powertrain testing market will register a CAGR of close to 4% by 2023.
In developing countries, the local implementations of emissions standards are derived from the three major legislative standards of EPA, EURO and Japanese standards. These emission control regulations force automotive manufacturers to improve the efficiency of the engine using different methods.
Stringent emission control norms will be the major drivers for the market. European OEMs are in a race to meet emission targets by increasing the efficiency of their powertrains.
Light-duty vehicles account for higher emissions. Therefore, Real Driving Emissions (RDE) and Worldwide Harmonised Light Vehicle Test Procedure (VVLTP) are introduced to measure CO2 emissions. The Environmental Protection Agency (EPA) has set up emission standards for engines that include all vehicle segments in the automotive industry.
Governments across the globe enforcing regulations to upgrade to newer emission norms
Many countries are beginning to adhere to stricter emissions standards. Existing pollution levels and resultants effects like global warming have set the pace for the formulation and implementation of strict emissions regulations worldwide.
High cost of powertrain testing facilities and machines
Powertrain testing machines and the infrastructure of these testing facilities are both cost intensive. This is a huge challenge for the providers of these testing services which restrains the growth of the market. The capital-intensive nature of these test facilities and systems for powertrain testing is expected to be one of the major challenges for the market during the forecast period.
Competitive Landscape
The market appears to be highly fragmented with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- AVL List GmbH
- FEV Europe GmbH
- HORIBA Ltd.
- Intertek Group PLC
- Ricardo
- thyssenkrupp AG
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
- Value chain analysis
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- ICE powertrain - Market size and forecast 2018-2023
- Hybrid and electric powertrain - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
- Increasing demand for electric and hybrid vehicles
- Advancements in high-performance computing to decrease need for physical powertrain testing
- Development of Engine Torque Pulsation Simulation dynamometer
- Cold, hot, and no-load engine tests for analyzing complete engine performance
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- AVL List GmbH
- FEV Europe GmbH
- HORIBA Ltd.
- Intertek Group PLC
- Ricardo
- thyssenkrupp AG
For more information about this report visit https://www.researchandmarkets.com/research/cx67xf/worldwide?w=4
