Global Automotive Test Equipment Market Size & Outlook
Global automotive test equipment market, 2018-2030 (US$M)
Related Markets
Global automotive test equipment market highlights
- The global automotive test equipment market generated a revenue of USD 2,782.8 million in 2024 and is expected to reach USD 3,753.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.2% by 2030.
- In terms of segment, chassis dynamometer accounted for a revenue of USD 1,102.0 million in 2024.
- Wheel Alignment Tester is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 2,782.8 million |
| Market revenue in 2030 | USD 3,753.1 million |
| Growth rate | 5.2% (CAGR from 2025 to 2030) |
| Largest segment | Chassis dynamometer |
| Fastest growing segment | Wheel Alignment Tester |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chassis Dynamometer, Engine Dynamometer, Wheel Alignment Tester, Vehicle Emission Test System |
Other key industry trends
- In terms of revenue, the North America accounted for 20.7% of the global automotive test equipment market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 729.5 million by 2030.
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Automotive Test Equipment Market Scope
Automotive Test Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BorgWarner Inc | View profile | 39900 | 3850 Hamlin Road, Auburn Hills, MI, United States, 48326 | https://www.borgwarner.com |
| SGS | View profile | 10001+ | Geneva, Geneve, Switzerland, Europe | http://www.sgs.com/ |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.bosch.com |
| Continental AG | View profile | 200888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | https://www.continental.com |
| Horiba Ltd | View profile | 8665 | 2, Miyanohigashi-cho, Kisshoin, Minami-ku, Kyoto, Japan, 601-8510 | http://www.horiba.co.jp |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
Global automotive test equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive test equipment market will help companies and investors design strategic landscapes.
Chassis dynamometer was the largest segment with a revenue share of 39.6% in 2024. Horizon Databook has segmented the Global automotive test equipment market based on chassis dynamometer, engine dynamometer, wheel alignment tester, vehicle emission test system covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Automotive Test Equipment Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Passenger Vehicle
- Global Automotive Test Equipment Application Tools Outlook (Revenue, USD Million, 2018-2030)
- PC/Laptop-Based Scan Tool
- Handheld Scan Tool
- Mobile Device-Based Scan Tool
- Global Automotive Test Equipment Product Outlook (Revenue, USD Million, 2018-2030)
- Chassis Dynamometer
- Engine Dynamometer
- Wheel Alignment Tester
- Vehicle Emission Test System
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Target buyers of Global automotive test equipment market databook
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Our clientele includes a mix of automotive test equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive test equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive test equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global automotive test equipment market size, by regions, 2018-2030 (US$M)
Top 10 countries: Automotive test equipment market size, 2020 (US$M)
Global automotive test equipment market share, by vehicle type, 2024 & 2030 (%, US$M)
Automotive test equipment market: Opportunity assessment by country
Global automotive test equipment market, by region, 2024 (US$M)
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