The Chassis Dynamometers Market is expected to develop moderately over the course of the forecast period due to factors such as the growing need for vehicle performance testing, the need to comply with regulations, and improvements in automotive testing technology.
The market is expected to expand at a compound annual growth rate (CAGR) of 3.1%, from USD 211.6 million in 2025 to USD 287.2 million by 2035. Globally stricter pollution laws and the growing popularity of electric and hybrid cars are predicted to drive market demand.
The growth of the chassis dynamometers industry is positively influenced by the surge in the manufacturing of automotive. Chassis dynamometers are deployed in vehicles to gauge torque and also to analyze different suspension issues, emission performance, environmental performance, and overall vehicle performance.
The surging automotive manufacturing is projected to create a high demand for this equipment. Take, for example, the statistics of cars manufactured in India. In 2021, it showed manufacturing of 30.82 lakh units, in comparison to 24.33 lakh units manufactured in 2020. Therefore, the rising production of automotive is anticipated to propel market growth.
Be Informed: Request Your Sample and Stay Ahead with Our Cutting-Edge Report!
The prominent trend of rise in the manufacturing of automotives is projected to propel the automotive chassis dynamometer industry. Moreover, portable versions of this equipment permit users to execute environmental testing in real-world conditions. Further, the equipment also acts as an affordable alternative to their complex, in-house testing units.
The OEMs are generating precise and technologically upgraded chassis dynamometers, due to which the market has been gaining momentum over the last few years. Further, favorable government policies aimed at encouraging fuel-saving automotive infrastructure are also expected to stimulate market growth.
Heightened focus on quality control during the production of vehicles is leading to increased deployment of chassis dynamometers, thus invigorating the transportation sector.
Top Highlights from the FMI’s Analysis of the Chassis Dynamometers Market:
Developments in the Market
Top Key Players
Key Segmentations
By Type:
By End User:
By Region: