LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive transmission dynamometer market in North America and it is poised to grow by USD 1.81 million during 2020-2024, progressing at a CAGR of about 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AVL List GmbH, FEV Group GmbH, HORIBA Ltd., Meidensha Corp., Millbrook Proving Ground Ltd., Mustang Dynamometer, Phoenix Dynamometer LLC, Power Test Inc., SAKOR Technologies Inc., and Taylor Dynamometer are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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High investments in R&D and testing has been instrumental in driving the growth of the market. However, high costs associated with establishing testing facilities and purchasing dynamometers might hamper the market growth.
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Automotive Transmission Dynamometer Market in North America 2020-2024: Segmentation
Automotive Transmission Dynamometer Market in North America is segmented as below:
-
End-user
- Testing Centers And Body Shops
- Tier-1 Suppliers
- OEMs
-
Geography
- US
- Mexico
- Canada
Automotive Transmission Dynamometer Market in North America 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive transmission dynamometer market report covers the following areas:
- Automotive Transmission Dynamometer Market in North America Size
- Automotive Transmission Dynamometer Market in North America Trends
- Automotive Transmission Dynamometer Market in North America Industry Analysis
This study identifies the development of engine torque pulse simulation (ETPS) dynamometer as one of the prime reasons driving the Automotive Transmission Dynamometer Market growth in North America during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automotive Transmission Dynamometer Market in North America 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automotive transmission dynamometer market growth in North America during the next five years
- Estimation of the automotive transmission dynamometer market size in North America and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive transmission dynamometer market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive transmission dynamometer market vendors in North America
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Testing centers and body shops - Market size and forecast 2019-2024
- Tier-1 suppliers - Market size and forecast 2019-2024
- OEMs - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- US - Market size and forecast 2019-2024
- Mexico - Market size and forecast 2019-2024
- Canada - Market size and forecast 2019-2024
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AVL List GmbH
- FEV Group GmbH
- HORIBA Ltd.
- Meidensha Corp.
- Millbrook Proving Ground Ltd.
- Mustang Dynamometer
- Phoenix Dynamometer LLC
- Power Test Inc.
- SAKOR Technologies Inc.
- Taylor Dynamometer
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
