Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Automotive Emission Test Equipment Market to reach USD 2072.93 million by 2027.

Global Automotive Emission Test Equipment Market Size study, by Solution (Emission Test Equipment, Emission Test Software and Emission Test Services), by Emission Equipment (Opacity Meters/Smoke Meters and Other Vehicle Emission Test Equipment/Components), and Regional Forecasts 2021-2027

Product Code: ALTAE-41381904
Publish Date: 2-09-2021
Page: 200

Global Automotive Emission Test Equipment Market is valued approximately at USD 573.57 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 4.40% over the forecast period 2021-2027. Automotive emission test equipment is used to test and check the viability of component as per the regulations and standards of the industry. Rising integration of electronic component in the vehicles, increasing government norms to curb the carbon emission and technological advancements in automotive emission test equipment are fueling growth in the market. For instance, in October 2020, Opus Inspection unveiled a new collision scanning solution, ScanSafe. ScanSafe is a comprehensive scanning solution that brings together OEM scanning, calibration, programming, aftermarket quick scanning, and live diagnostic support. Furthermore, research and development activities and rising sales of electric vehicles are expected to propel the demand for automotive emission test equipment. Such as, according to Statista, between 2020 to 2026, global electric vehicle market is expected to increase by four-fold to reach and estimated size of USD 725 billion by 2026. However, nonadherence to stringent vehicle emission testing norms by vehicle manufacturers may hamper the demand in coming years.

Europe is the leading region among Asia Pacific, North America, Europe, Latin America, and Rest of the World, owing to rising adoption of vehicle emission testing norms and strict regulations in the region. Asia Pacific is expected to grow at the fastest pace during forecast period, owing to growing urbanization and rising initiative for introducing and implementing vehicle emission norms.
Major market player included in this report are:

Opus Inspection.
Gemco Equipment Ltd
TÜV Nord Group
CAPELEC
HORIBA, Ltd.
Applus+
SGS SA
AVL LIST GmbH
TEXA S.p.A.
Honeywell International Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Solution:
Emission Test Equipment
Emission Test Software
Emission Test Services
By Emission Equipment:
Opacity Meters/Smoke Meters
Other Vehicle Emission Test Equipment/Components

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Automotive Emission Test Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Automotive Emission Test Equipment Market, by Region, 2019-2027 (USD Billion)
1.2.2. Automotive Emission Test Equipment Market, by Solution, 2019-2027 (USD Billion)
1.2.3. Automotive Emission Test Equipment Market, by Emission Equipment, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Emission Test Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Emission Test Equipment Market Dynamics
3.1. Automotive Emission Test Equipment Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Technological advancements
3.1.1.2. Government norms to curb the carbon emission
3.1.2. Market Restraint
3.1.2.1. Nonadherence to stringent vehicle emission testing norms
3.1.3. Market Opportunities
3.1.3.1. Rising demand for electric vehicles
3.1.3.2. Research and development activities
Chapter 4. Global Automotive Emission Test Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Emission Test Equipment Market, by Solution
5.1. Market Snapshot
5.2. Global Automotive Emission Test Equipment Market by Solution, Performance – Potential Analysis
5.3. Global Automotive Emission Test Equipment Market Estimates & Forecasts by Solution 2018-2027 (USD Billion)
5.4. Automotive Emission Test Equipment Market, Sub Segment Analysis
5.4.1. Emission Test Equipment
5.4.2. Emission Test Software
5.4.3. Emission Test Services
Chapter 6. Global Automotive Emission Test Equipment Market, by Emission Equipment
a. Market Snapshot
6.1. Global Automotive Emission Test Equipment Market by Emission Equipment, Performance – Potential Analysis
6.2. Global Automotive Emission Test Equipment Market Estimates & Forecasts by Emission Equipment 2018-2027 (USD Billion)
6.3. Automotive Emission Test Equipment Market, Sub Segment Analysis
6.3.1. Opacity Meters/Smoke Meters
6.3.2. Other Vehicle Emission Test Equipment/Components
Chapter 7. Global Automotive Emission Test Equipment Market, Regional Analysis
7.1. Automotive Emission Test Equipment Market, Regional Market Snapshot
7.2. North America Automotive Emission Test Equipment Market
7.2.1. U.S. Automotive Emission Test Equipment Market
7.2.1.1. Solution breakdown estimates & forecasts, 2018-2027
7.2.1.2. Emission Equipment breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Automotive Emission Test Equipment Market
7.3. Europe Automotive Emission Test Equipment Market Snapshot
7.3.1. U.K. Automotive Emission Test Equipment Market
7.3.2. Germany Automotive Emission Test Equipment Market
7.3.3. France Automotive Emission Test Equipment Market
7.3.4. Spain Automotive Emission Test Equipment Market
7.3.5. Italy Automotive Emission Test Equipment Market
7.3.6. Rest of Europe Automotive Emission Test Equipment Market
7.4. Asia-Pacific Automotive Emission Test Equipment Market Snapshot
7.4.1. China Automotive Emission Test Equipment Market
7.4.2. India Automotive Emission Test Equipment Market
7.4.3. Japan Automotive Emission Test Equipment Market
7.4.4. Australia Automotive Emission Test Equipment Market
7.4.5. South Korea Automotive Emission Test Equipment Market
7.4.6. Rest of Asia Pacific Automotive Emission Test Equipment Market
7.5. Latin America Automotive Emission Test Equipment Market Snapshot
7.5.1. Brazil Automotive Emission Test Equipment Market
7.5.2. Mexico Automotive Emission Test Equipment Market
7.6. Rest of The World Automotive Emission Test Equipment Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Opus Inspection
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Gemco Equipment Ltd
8.2.3. TÜV Nord Group
8.2.4. CAPELEC
8.2.5. HORIBA, Ltd.
8.2.6. Applus+
8.2.7. SGS SA
8.2.8. AVL LIST GmbH
8.2.9. TEXA S.p.A.
8.2.10. Honeywell International Inc.

Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now