What is Global Vehicle Chassis Dyno Market?
The Global Vehicle Chassis Dyno Market is a comprehensive sector that focuses on the production, distribution, and application of vehicle chassis dynamometers. These are devices used to measure the power and torque output of an engine, typically in a controlled environment. The market is vast and global, encompassing a wide range of manufacturers, suppliers, and consumers from all corners of the world. In 2023, the market was valued at a substantial US$ 178 million, and it is projected to grow even further, reaching an estimated value of US$ 215 million by 2030. This represents a compound annual growth rate (CAGR) of 2.7% during the forecast period from 2024 to 2030.
Multi Roller, Single Roller in the Global Vehicle Chassis Dyno Market:
The Global Vehicle Chassis Dyno Market is divided into two main segments: Multi Roller and Single Roller. The Multi Roller segment is the dominant one, accounting for over 70% of the market. This type of dyno uses multiple rollers to simulate different road conditions and is preferred for its versatility and accuracy. On the other hand, the Single Roller segment, while smaller, still plays a crucial role in the market. Single Roller dynos are simpler and less expensive, making them a popular choice for smaller operations or less complex testing needs. Both segments are integral to the overall market and contribute to its growth and development.
Passenger Vehicle, Commercial Vehicle in the Global Vehicle Chassis Dyno Market:
The Global Vehicle Chassis Dyno Market finds its primary application in the automotive sector, specifically in Passenger Vehicles and Commercial Vehicles. Passenger Vehicles make up the majority of the market, accounting for over 80% of the total. This is due to the high demand for accurate and reliable power and torque measurements in passenger cars, which are the most common type of vehicle on the road. Commercial Vehicles, while a smaller segment, are also a significant part of the market. These vehicles, which include trucks, buses, and vans, require specialized testing and measurement equipment, and the Vehicle Chassis Dyno Market provides this.
Global Vehicle Chassis Dyno Market Outlook:
In summary, the Global Vehicle Chassis Dyno Market is a thriving and growing sector. In 2023, it was valued at US$ 178 million, and it is expected to reach US$ 215 million by 2030, with a CAGR of 2.7% during the forecast period from 2024 to 2030. The market is dominated by the Multi Roller segment, which accounts for over 70% of the total, and its primary application is in Passenger Vehicles, which make up over 80% of the market. The top two players in the market hold a combined share of about 30%, demonstrating the competitive nature of this industry.
| Report Metric | Details |
| Report Name | Vehicle Chassis Dyno Market |
| Accounted market size in 2023 | US$ 178 million |
| Forecasted market size in 2030 | US$ 215 million |
| CAGR | 2.7% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | HORIBA, MTS, Meidensha, AVL List, Mustang Dynamometer, Power Test, MAHA, Ono Sokki, Rototest, KRATZER, Sierra Instruments, SNT, Dynapack, SAJ Test |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
