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An increasing number of government-enforced stringent laws and regulations regarding emission control for the automotive is driving the demand for automotive emission test equipment. They are the devices used to measure the particulate matter from vehicle emissions. Some of the devices used for emission tests include opacity meters, smoke meters, and others.
The growing necessity to control the emission of NOx and carbon products from automotive is driving the market growth. Additionally, government regulations for carbon emission control from on-road vehicles further accelerate market growth. Growing environmental concerns among the populace coupled with the surge in pollution levels worldwide are anticipated to boost the demand for emission test equipment. Moreover, new norms enforced by the regulatory bodies on OEMs to control emissions in their upcoming automotive models will drive market growth in years to come.
For instance, the European Union progressively introduced the second stage of the Euro 6 norm during September 2017 and January 2021. This progressive introduction of the Euro 6 regulation will ensure the newly approved cars are tested to meet the emission control standard in various on-road conditions. Hence, in order to continue automotive sales, demand for automotive emission test equipment is anticipated to grow rapidly among the manufacturers. However, the increasing penetration of electric vehicles worldwide is expected to hamper the market growth during the forecast period.
Key Market Driver -
Stringent emission control norms to drive the market growth during forecast period.
Key Market Restraint -
Increasing penetration of electric vehicles may restrain the market growth during the forecast period.
The automotive emission test equipment market is segmented by solution, by emission equipment, and by region.
By solution, the market is segmented into emission test equipment, emission test software, and emission test services
The emission test equipment segment held the largest market share in 2020 and is expected to continue leading the market over the forecast period. The segment growth is driven by the increasing demand for emission test equipment among automotive manufacturers to maintain vehicular emission according to local government standards. The emission test services segment is also expected to witness considerable CAGR over the forecast period. Increasing demand for automotive service centers worldwide is expected to fuel the segment growth.
By emission equipment, the market is segmented into opacity meters/smoke meters and other vehicle emission test equipment/components
The opacity meters/smoke meters segment is anticipated to witness the fastest CAGR over the forecast period. The opacity meter/smoke meter detects the amount of light blocked in the smoke emitted by a wide range of automobiles, including cars, trucks, ships, buses, motorcycles, and others. Additionally, almost all the opacity meters available in the market are accredited to the latest Euro 6 standards and MOT approved. Moreover, they can also operate in various weather conditions. For instance, smoke meters operate at temperatures up to as low as -15 degrees Celcius. All these features offered by smoke meters are expected to drive their adoption worldwide in upcoming years.
Major players operating in the global automotive emission test equipment market include Opus Inspection, Gemco Equipment Ltd, TÜV Nord Group, CAPELEC, HORIBA, Ltd., Applus+, SGS SA, AVL LIST GmbH, and TEXA S.p.A. among the others.
Based on geography, the Automotive Emission Test Equipment Market is segmented into North America, Europe, Asia Pacific, and the rest of the world.
The Asia Pacific is likely to witness the highest CAGR from 2021 to 2028. The increasing necessity for emission control in the Asia Pacific due to growing environmental concerns is driving the demand for automotive emission test equipment. Additionally, increasing automotive sales in the Asia Pacific is influencing the market growth. For instance, According to the International Organization of Motor Vehicle Manufacturers (OICA), China contributed the largest portion of global total vehicle sales than any other country in 2020; China sold nearly 25 million. Units. Expanding the automotive industry in China is anticipated to fuel the market growth in the Asia Pacific. Europe is also expected to witness an eye-catching growth rate during the forecast period. Stringent emission norms enforced by European Union are driving the market growth in the region. Moreover, the well-established automotive industry in European countries such as Germany, France, Italy, and the UK is further expected to support the European market growth in upcoming years.
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