Global Automotive Powertrain Testing Services Market 2021-2025

Global Automotive Powertrain Testing Services Market 2021-2025

The publisher has been monitoring the automotive powertrain testing services market and it is poised to grow by $2.69 bn during 2021-2025 progressing at a CAGR of 8% during the forecast period. The report on automotive powertrain testing services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing vehicle population, higher investments in R&D and testing due to cost pressure faced by OEMs and rise in demanding consumer base and government's enforcement to upgrade to newer emission norms. In addition, increasing vehicle population is anticipated to boost the growth of the market as well.

The automotive powertrain testing services market analysis includes type segment and geographical landscapes.

The automotive powertrain testing services market is segmented as below:

By Type

• ICE powertrain
• Hybrid and electric powertrain

By Geographical Landscapes

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the development of computer and IT-enabled powertrain testing systems as one of the prime reasons driving the automotive powertrain testing services market growth during the next few years. Also, development of engine torque pulse simulation dynamometer, and cold, hot, and no-load engine tests for analyzing complete engine performance will lead to sizable demand in the market.

Thereport on automotive powertrain testing services market covers the following areas:

• Automotive powertrain testing services market sizing
• Automotive powertrain testing services market forecast
• Automotive powertrain testing services market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive powertrain testing services market vendors that include A&D Company Ltd., AKKA Technologies SE, ATS Automation Tooling Systems Inc., AVL List GmbH, FEV Group GmbH, HORIBA Ltd., Industrieanlagen-Betriebsgesellschaft mbH, Intertek Group Plc, Ricardo Plc, and thyssenkrupp AG. Also, the automotive powertrain testing services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.