Automotive Emission Test Equipment Market Size, Sector / Industry Report & Analysis 2025 (Includes Business Impact of COVID-19)

  • TBI121425
  • August 01, 2019
  • Global
  • 132 pages
  • HCCResearch
                                          

Abstract, Snapshot, Market Analysis & Market Definition: Global Automotive Emission Test Equipment Market

The global Automotive Emission Test Equipment market size is projected to reach US$ 918.11 million by 2026, from US$ 681.21 million in 2020, at a CAGR of 5.1% during 2021-2026. Soaring need for permissible emission limits for road vehicles, regulations pertaining to release of harmful compounds, stringent compliance with mandates & guidelines is projected to stoke the growth of the market. Rising awareness and concerns regarding pollution caused by vehicle exhaust, especially from passenger cars and light-duty vehicles, are resulting in increased need for enforcement of stringent rules and regulations by governments of various countries. Governments across the world have drafted regulations with objectives of limiting hazardous releases from vehicles. For instance, the European Union has specified stringent norms for vehicles such as the Euro 6/VI standard to control vehicular emissions. In addition, there are strict rules, regulations, and standards for periodic technical inspections and maintenance to monitor automotive emanations across countries such as the U.S., Canada, Germany, U.K., France, Italy, Spain, China, and Japan. Opacity meter is a cost-effective device used to measure particulate matter in automotive exhaust systems. Surging demand for periodic technical inspections (PTI) to regulate release of harmful gases is one of the key factors propelling the market worldwide. Furthermore, increasing incorporation of opacity meters in inspection and maintenance programs is poised to boost the growth of the market. Technological advancements in these systems such as portable emission measurement systems (PEMS), which are used to measure any type of particulate content on roads emitted from various vehicle exhaust systems, are also playing a pivotal role in the development of the market. Development of several modes of transportation and subsequent dependency of the transportation sector on fuels such as alternative fuels and liquid-mineral fuels is expected to intensify concentration of greenhouse gases and hazardous particulate matter in the environment. Staggering volumes of gases and particulates emitted by vehicles necessitates control, monitoring, and regulation, thereby impelling the use of vehicle emission testing system, which drives the growth of the vehicle emission test system market globally.

Market Segmentation, Outlook & Viewpoint: Global Automotive Emission Test Equipment Market

Solution Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  • Emission Test Equipment
  • Emission Test Software
  • Emission Test Services

Emission Equipment Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  • Opacity Meters/Smoke Meters
  • Other Vehicle Emission Test Equipment

Key Players, Recent Developments & Regional Insights: Global Automotive Emission Test Equipment Market

Based on solution, the market has been further segmented into emission test equipment, software, and services. The emission test equipment segment dominated the overall market in 2018. It is estimated to retain its position through 2025 on account of surging demand for testing equipment worldwide. The services segment is anticipated to register the highest CAGR during the forecast period owing to increasing emphasis placed on reducing releases of greenhouse gases by passenger and light-duty vehicles, especially in developing countries such as China and India. These services help in ensuring that vehicle exhaust systems are operating within standard norms and limitations through periodic technical inspection. Rising adoption of service business, particularly across developing nations, is also contributing to the growth of the segment.

Emission Insights

The market has been sub-segmented into opacity meters/smoke meters and other vehicle emission test equipment/components. The other vehicle segment, which includes exhaust gas analyzers and emission analyzers, dominated the market in terms of revenue in 2018. It is anticipated to maintain its dominance through 2025. The growth of the segment can be attributed to rising demand for automotive emission test systems by a large number of automobile manufacturers across the world. Advancements in vehicle emission diagnostic systems such as onboard diagnostic tools are also supplementing the growth of the other segment. The smoke meters segment is projected to experience a CAGR of 3.35% during the forecast period. The demand for smoke meters is rising in vehicle emission test system market as they are used to detect and measure smoke emitted from diesel engines. Opacity meters find significant use in periodic technical inspection (PTI) and inspection & maintenance (I&M) programs.

Regional Insights

From a geographical front, the market has been divided into Asia Pacific, North America, Europe, and Rest of the World. Europe accounted for the leading revenue share in the automotive emission test system market in 2018. Countries in the region such as the U.K., Germany, and the Netherlands are at the forefront to adopt vehicle emission testing norms and stringent rules and regulations, as prescribed by the European Union. Asia Pacific is poised to post the highest CAGR during the forecast period. Increasing urbanization in this region is encouraging introduction and implementation of numerous initiatives, taken by regional countries aimed at regulating and monitoring vehicle exhausts. Besides, the region is transforming into the largest automobile manufacturing hub owing to low production costs of automobiles. North America is likely to witness notable growth during the forecast period. Within the region, the U.S. is a major adopter and contributor to market growth on account of domicile of a large number of market players such as OEMs, software developers, and service providers.

Automotive Emission Test System Market Share Insights

Some of the major industry participants include Opus Inspection, Gemco Equipment Ltd, TUV Nord Group, CAPELEC, HORIBA, Ltd., Applus+, SGS SA, AVL LIST GmbH, and TEXA S.p.A.. In May 2018, Horiba Ltd. designed a smart emission measurement system (SEMS). This system is intended to provide analysis and collection of exhaust data from various sources, which include non-road mobile machinery or vessels and light- and heavy-duty vehicles. Likewise, Snap-on Incorporated introduced a new emission analyzer. The DGA5000 product was designed for modern workshop and is available as a diesel analyzer or standalone gas analyzer and as a combined unit. The analyzer allows measuring oil temperature and vehicle RPM.

Key Insights Covered: Global Automotive Emission Test Equipment Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Automotive Emission Test Equipment industry. 2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Automotive Emission Test Equipment industry. 3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Automotive Emission Test Equipment industry. 4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Automotive Emission Test Equipment industry. 5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Automotive Emission Test Equipment industry.

Research Methodology: Global Automotive Emission Test Equipment Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other

Table of Contents 
Chapter 1 Methodology and Scope
  1.1 Research Methodology
  1.2 Research Scope and Assumptions
  1.3 List to Data SourcesChapter 2 Executive Summary
  2.1 Automotive Emission Test System Market-Industry Snapshot & Key Buying Criteria, 2014 - 2025
  2.2 Market Summary
  2.3 Automotive Emission Test System Market, 2014 - 2025Chapter 3 Market Variables, Trends, and Scope
  3.1 Market Segmentation
  3.2 Automotive Emission Test System Market Size & Growth Prospects
  3.3 Automotive Emission Test System-Market Dynamics
      3.3.1 Market Driver Analysis
          3.3.1.1 Develop
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