In the automobile sector, to ensure the highest standards and to meet the product quality, durability, reliability, and safety of automobile, powertrain dynamometer plays an important role. As manufacturers and engineers of vehicles focus on providing vehicles with improved fuel economy and increased engine power, they need to test the power output and fuel efficiency of vehicle powertrain dynamometers. Dynamometer is a device used for measuring force, the moment of force (torque), and power. Power, force, and torque are very important terms related to the performance of a vehicle. For instance, if the vehicle consumes less power, it gives high mileage and consumes less fuel. Hence, measuring of force, torque, and power of an automotive powertrain is very important for manufacturers to provide best quality vehicle. Furthermore, dynamometers are used to simulate road loading on full powertrain and measure the vehicle’s ability to move or hold the RPM (revolutions per minute), according to the braking force applied. Hence, increasing production of automobiles is driving growth of the global automotive powertrain dynamometers market.
Original equipment manufacturers are expanding research and development efforts in order to produce cost-effective solutions employing cost-effective components. However, the prices of raw materials required to build powertrain dynamometers are fluctuating, and automakers are dealing with unpredictable pricing of integrated circuits, circuit boards, and other components.
Global Automotive Powertrain Dynamometers Market - Impact of Coronavirus (Covid-19) Pandemic
Asia Pacific is expected to hold dominant position in the global automotive powertrain dynamometers market during the forecast period.
Asia Pacific held dominant position in the global automotive powertrain dynamometers market in 2021, accounting for 40.0% share, in terms of value, followed by North America and Europe
|Base Year:||2021||Market Size in 2021:||US$ 275.4 Mn|
|Historical Data for:||2017 to 2020||Forecast Period:||2022 to 2030|
|Forecast Period 2022 to 2030 CAGR:||4.5%||2030 Value Projection:||US$ 384.5 Mn|
Horiba, Ltd., Ricardo, AVL List GmbH, Rototest, FEV Group, Intertek Group PLC, AIP GmbH & Co. KG, Burke E. Porter Machinery Company (BEPCO), and Sakor Technologies, Inc.
|Restraints & Challenges:||
Figure 1: Global Automotive Powertrain Dynamometers Market Share (%), By Region, 2021
Among regions, Asia Pacific held dominant position in the global automotive powertrain dynamometers Market in 2021, and is expected to retain its dominance throughout the forecast period. The factor attributed to growth of the automotive powertrain dynamometers market in expanding manufacturing activities in automobile sector is a major driver for market growth in the region. For instance, in 2018, Asia Pacific was pegged at over 37 million units of automobiles production or 42% of the global automobile production market.
Players in the region are focusing on inorganic growth strategies, in order to enhance their market share. This could aid in growth of the market in the region. For instance, Horiba, Ltd., a leading manufacturer of precision instruments, partnered with Keihen Group, Japanese company specialized in manufacturing various automatic valves, in order to develop next generation electric vehicle powertrain testing systems.
North America is one of the leading markets for ground engaging tools and it is expected to grow significantly in the coming years. Increasing focus of original equipment manufacturers (OEMs) to low maintenance cost is leading to higher investment in research and development (R&D) and testing of vehicle engines to control emission and noise of exhaust gases. These are expected to aid on growth of the market in the region.
Figure 2: Global Automotive Powertrain Dynamometers Market Value (US$ Mn) Analysis and Forecast and Y-o-Y Growth (%), 2017 - 2030
The Global Automotive Powertrain Dynamometers Market was valued at US$ 275.4 Mn in 2021 and is expected to reach US$ 384.5 Mn by 2030 at a CAGR of 4.5% between 2021 and 2030.
Major players operating in the global automotive powertrain dynamometers market include Horiba, Ltd., Ricardo, Hitachi Construction Machinery, Rototest, Sandvik AB, Intertek Group PLC, AIP GmbH & Co. KG, Burke E. Porter Machinery Company (BEPCO), and Sakor Technologies, Inc.
Powertrain dynamometers utilize in the automobile industry for engine testing, generator and alternator testing, battery charge/discharge testing, electric motor testing, transmission testing, and entire vehicle drivetrain testing.
Automotive powertrain dynamometers are increasingly used in e-vehicles, battery vehicles, hybrid, and electric powertrain vehicles due to increasing awareness about environment, pollution, and fuel consumption. The automotive powertrain dynamometers are used to measure realistic road driving simulation by tracing predetermined driving cycles or road profiles, evaluating energy efficiency, fuel consumption measurement, CO2 emissions determination, range detection, and exhaust gas measurement. For instance, AIP GmbH & Co. KG is an industrial automation company that provides powertrain dynamometers, useful in powertrain or engine test rig for analysis of the entire vehicle, the complete vehicle drivetrain or the components.
The increasing adoption of computer networking, internet, and a workforce having expertise in IT skills, is expected to drive growth of the advanced automotive powertrain dynamometer market in the future. Several manufacturers are engaged in offering advanced systems with the help of secure networking and internet, in order to develop a remote access system. Furthermore, companies are also working on providing testing systems that incorporate all test requirements to test a powertrain.
For instance, in 2017, AVL List GmbH (provider of complete and future-oriented solutions for emission testing such as modern laboratories suited for optimization of existing technologies and development of new propulsion concepts, in regard to electrification), offered the AVL ROADSIM all-wheel drive chassis to SKODA. a Czech automobile manufacturer.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.