The Asia Pacific Automotive Test Equipment Market is expected to witness market growth of 5.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Automotive Test Equipment Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $431.5 million by 2031. The Japan market is registering a CAGR of 4.8% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 6.1% during 2024-2031.
Compliance with stringent norms necessitates using advanced emission testing equipment to accurately measure and monitor pollutant levels in real-world driving conditions. Simultaneously, vehicle safety standards have become more rigorous, requiring automakers to conduct comprehensive safety tests to protect passengers and pedestrians.
These equipments such as crash test dummies, impact sensors, and high-speed cameras are indispensable in conducting these evaluations, ensuring vehicle manufacturers adhere to the latest safety standards. Beyond emissions and safety, the rapid adoption of electric vehicles (EVs) is reshaping the automotive landscape and contributing to the growth of the market.
Australia is also witnessing increased demand for these equipment, driven by state-level incentives and its national commitment to reducing carbon emissions. There were 21.74 million registered motorized road vehicles on 31 January 2024 - an increase of approximately 2.7 percent over January 2023. Moreover, in 2023, the Australian Government announced it would provide AUD 39.3 million (Australian dollars) to the National Roads and Motorists’ Association through the Driving the Nation Fund to build EV chargers along national highways. The necessity for efficient vehicle testing solutions to guarantee the safety and reliability of electric and hybrid vehicles is becoming more apparent as Australia expands its charging infrastructure and integrates renewable energy into the power grid. Hence, as the Asia Pacific region continues to scale up its electric mobility sector, the demand for automotive test equipment will surge, ensuring enhanced vehicle efficiency, energy conservation, and regulatory compliance.
The China market dominated the Asia Pacific Automotive Test Equipment Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $431.5 million by 2031. The Japan market is registering a CAGR of 4.8% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 6.1% during 2024-2031.
Compliance with stringent norms necessitates using advanced emission testing equipment to accurately measure and monitor pollutant levels in real-world driving conditions. Simultaneously, vehicle safety standards have become more rigorous, requiring automakers to conduct comprehensive safety tests to protect passengers and pedestrians.
These equipments such as crash test dummies, impact sensors, and high-speed cameras are indispensable in conducting these evaluations, ensuring vehicle manufacturers adhere to the latest safety standards. Beyond emissions and safety, the rapid adoption of electric vehicles (EVs) is reshaping the automotive landscape and contributing to the growth of the market.
Australia is also witnessing increased demand for these equipment, driven by state-level incentives and its national commitment to reducing carbon emissions. There were 21.74 million registered motorized road vehicles on 31 January 2024 - an increase of approximately 2.7 percent over January 2023. Moreover, in 2023, the Australian Government announced it would provide AUD 39.3 million (Australian dollars) to the National Roads and Motorists’ Association through the Driving the Nation Fund to build EV chargers along national highways. The necessity for efficient vehicle testing solutions to guarantee the safety and reliability of electric and hybrid vehicles is becoming more apparent as Australia expands its charging infrastructure and integrates renewable energy into the power grid. Hence, as the Asia Pacific region continues to scale up its electric mobility sector, the demand for automotive test equipment will surge, ensuring enhanced vehicle efficiency, energy conservation, and regulatory compliance.
List of Key Companies Profiled
- Robert Bosch GmbH
- Continental AG
- Siemens AG
- Honeywell International, Inc.
- ABB Ltd.
- DENSO CORPORATION
- Horiba Ltd.
- SGS S.A.
- Anthony Best Dynamics Limited
- Teradyne, Inc.
Market Report Segmentation
By Vehicle
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Application Tools
- Handheld Scan Tool
- PC/Laptop-Based Scan Tool
- Mobile Device-Based Scan Tool
By Product
- Chassis Dynamometer
- Engine Dynamometer
- Vehicle Emission Test System
- Wheel Alignment Tester
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Automotive Test Equipment Market by Vehicle
Chapter 6. Asia Pacific Automotive Test Equipment Market by Application Tools
Chapter 7. Asia Pacific Automotive Test Equipment Market by Product
Chapter 8. Asia Pacific Automotive Test Equipment Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Robert Bosch GmbH
- Continental AG
- Siemens AG
- Honeywell International, Inc.
- ABB Ltd.
- DENSO CORPORATION
- Horiba Ltd.
- SGS S.A.
- Anthony Best Dynamics Limited
- Teradyne, Inc.
Methodology
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