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Automotive Transmission Dynamometer Market in North America by End-User and Geography - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 123
  • SKU: IRTNTR44421
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The automotive transmission dynamometer market share is expected to increase by USD 479.27 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 3.32%.

This automotive transmission dynamometer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers automotive transmission dynamometer market segmentations by end-user (automotive testing centers and body shops, automotive tier-1 suppliers, and automotive OEMs) and geography (North America). The automotive transmission dynamometer market report also offers information on several market vendors, including A and D Technology, AVL List GmbH, Burke Porter Group, Dyno One Inc., FEV Group GmbH, Force Control Industries Inc., Froude Inc., HORIBA Ltd., LINK ENGINEERING Co., Meidensha Corp., Millbrook Proving Ground Ltd., Mustang Advanced Engineering, Phoenix Dynamometer LLC, Power Test LLC, SAKOR Technologies Inc., and Unico LLC among others.

What will the Automotive Transmission Dynamometer Market Size be During the Forecast Period?

Automotive Transmission Dynamometer Market Size

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Automotive Transmission Dynamometer Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The cost pressure faced by oems leading to higher investments in r and d and testing is notably driving the automotive transmission dynamometer market growth, although factors such as high costs associated with establishing testing facilities and purchasing dynamometers may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automotive transmission dynamometer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automotive Transmission Dynamometer Market Driver

Cost pressure faced by OEMs leading to higher investments in R&D and testing is one of the major drivers for the automotive transmission dynamometer market growth in North America. Automotive OEMs are subject to heavy cost pressures due to the dynamism of the regulatory environment and a demanding consumer base. The imposition of environmental and safety standards is leading OEMs to develop and implement measures to comply with the regulations while not transmitting the incurred additional costs to consumers. Compliance with emission regulations is bound to increase the cost of vehicles. The demand for competitively priced automobiles with advanced features will also add to the existing cost pressures faced by OEMs. Therefore, OEMs will direct funds toward the R&D of processes and technologies that aim at reducing production costs.  In addition, the need for faster time-to-market may complement the growth of the global automotive testing equipment market, as testing equipment is used in all phases, ranging from the pre-production phase to the post-production phase.

Key Automotive Transmission Dynamometer Market Trend

The development of engine torque pulse stimulation (ETPS) dynamometer is one of the major trends in the automotive transmission dynamometer market growth in North America. Component suppliers must constantly improve the existing transmissions and develop new powertrain technologies to help automotive OEMs achieve client satisfaction in terms of durability; driving characteristics; and noise, vibrations, and harshness (NVH). HORIBA developed a new technology that calculates the torsional pulse on the output shaft of the dynamometer system using sophisticated mathematical models using a low inertia dynamometer and an adaptive closed-loop real-time controller. The controller assures that the calculated torque profile is achieved as an input to the test specimen. The engine torque pulse stimulation (ETPS) dynamometer can be used for testing transmission under NVH analysis. This technology provides significant time and cost savings for automotive development engineers. The other advantage of the system is its ability to perform the engine and driveline tests parallelly. The need for complex real-time hardware in the loop is eliminated, and the flexible test environment provided by the system shortens the vehicle development cycle through accurate and efficient testing.

Key Automotive Transmission Dynamometer Market Challenge

The lack of appropriate skill sets for dyno testing is one of the challenges to the automotive transmission dynamometer market growth in North America. Extracting correct information from a dynamometer is essential even if the most appropriate dynamometer is being used for testing the vehicle, engine, or transmission performance. Lack of knowledge about the information to be extracted can yield undesired outcomes or errors in results. Thus, inaccuracy in measurement can result from the lack of dynamometer-specific skill sets. A transmission dynamometer operator needs to have a deep understanding of dynamometer testing procedures, drive cycles, and functioning. Though testing is repeatable, the operator must know about controlling variables that can affect the accuracy of the test results to obtain accurate and comparable results. Appropriate data extraction is important, along with controlling certain variables. Therefore, the lack of appropriate skill sets can cause potential inaccuracies in measurement. The market is facing shortages of such skill sets even as advances in test cycles and dynamometer equipment continue to cater to the evolving needs of vehicle testing.

This automotive transmission dynamometer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the automotive transmission dynamometer market in North America as a part of the global automotive components and accessories market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automotive transmission dynamometer market in North America during the forecast period.

Who are the Major Automotive Transmission Dynamometer Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • A and D Technology
  • AVL List GmbH
  • Burke Porter Group
  • Dyno One Inc.
  • FEV Group GmbH
  • Force Control Industries Inc.
  • Froude Inc.
  • HORIBA Ltd.
  • LINK ENGINEERING Co.
  • Meidensha Corp.
  • Millbrook Proving Ground Ltd.
  • Mustang Advanced Engineering
  • Phoenix Dynamometer LLC
  • Power Test LLC
  • SAKOR Technologies Inc.
  • Unico LLC

This statistical study of the automotive transmission dynamometer market in North America encompasses successful business strategies deployed by the key vendors. The automotive transmission dynamometer market in North America is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The automotive transmission dynamometer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Automotive Transmission Dynamometer Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the automotive transmission dynamometer market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Automotive Transmission Dynamometer Market?

Automotive Transmission Dynamometer Market Share by Geography

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100% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for automotive transmission dynamometer market in North America.

The adoption of innovative supply chain strategies and the use of automotive transmission dynamometers in military vehicles and heavy equipment testing will facilitate the automotive transmission dynamometer market in North America's growth in the US over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 across the world, with its high impact in the US, is expected to slow down the growth of the market in focus in the US during the forecast period. In the first quarter of 2021, the automotive industry in the US recovered from the economic downturn it experienced in 2020. However, the sales of new vehicles in the US are not expected to rebound to pre-COVID-19 levels until 2023. Several automobile vendors are adopting various strategies to overcome the challenges posed by the COVID-19 crisis. For example, vehicles are being sold through virtual selling channels, and some players such as FEV Europe, AVL List, Meidensha Corp., and SAKOR Technologies Inc. are already adopting organic strategies to increase consumer demand. For instance, in May 2020, FEV Europe GmbH began operating at the world's largest development and test center located between Halle, Dessau, and Leipzig-Germany for high-voltage battery systems for passenger and commercial vehicles. The benefits of adopting an online selling strategy will positively impact the sales of new vehicles. Hence, the adoption of innovative supply chain strategies and the use of automotive transmission dynamometers in military vehicles and heavy equipment testing systems will drive the growth of the market in the US during the forecast period.

What are the Revenue-generating End-user Segments in the Automotive Transmission Dynamometer Market?

Automotive Transmission Dynamometer Market Share

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The automotive transmission dynamometer market share growth by the automotive testing centers and body shops segment will be significant during the forecast period. The increasing automotive sales will lead to subsequent growth in the adoption of transmission dynamometers in testing centers and body shops.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive transmission dynamometer market size and actionable market insights on post COVID-19 impact on each segment.

 

Automotive Transmission Dynamometer Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.32%

Market growth 2022-2026

$ 479.27 million

Market structure

Fragmented

YoY growth (%)

3.12

Regional analysis

North America

Performing market contribution

North America at 100%

Key consumer countries

US, Mexico, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

A and D Technology, AVL List GmbH, Burke Porter Group, Dyno One Inc., FEV Group GmbH, Force Control Industries Inc., Froude Inc., HORIBA Ltd., LINK ENGINEERING Co., Meidensha Corp., Millbrook Proving Ground Ltd., Mustang Advanced Engineering, Phoenix Dynamometer LLC, Power Test LLC, SAKOR Technologies Inc., and Unico LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics and Market condition analysis for forecast period.

Customization purview

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What are the Key Data Covered in this Automotive Transmission Dynamometer Market In Regional Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive automotive transmission dynamometer market growth during the next five years
  • Precise estimation of the automotive transmission dynamometer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive transmission dynamometer industry across North America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive transmission dynamometer market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Regional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on North America: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Regional - Market size and forecast 2021-2026 ($ million)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Automotive testing centers and body shops - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Automotive testing centers and body shops - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Automotive testing centers and body shops - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Automotive testing centers and body shops - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Automotive testing centers and body shops - Year-over-year growth 2021-2026 (%)
    • 5.4 Automotive tier-1 suppliers - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Automotive tier-1 suppliers - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Automotive tier-1 suppliers - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Automotive tier-1 suppliers - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Automotive tier-1 suppliers - Year-over-year growth 2021-2026 (%)
    • 5.5 Automotive OEMs - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Automotive OEMs - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Automotive OEMs - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Automotive OEMs - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Automotive OEMs - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by End-user
      • Exhibit 40: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography - 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography - 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 US - Market size and forecast 2021-2026
      • Exhibit 46: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.4 Mexico - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Mexico - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Mexico - Year-over-year growth 2021-2026 (%)
    • 7.5 Canada - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.6 Market opportunity by geography
      • Exhibit 58: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 59: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 60: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 61: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 62: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 63: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 64: Matrix on vendor position and classification
            • 10.3 A and D Technology
              • Exhibit 65: A and D Technology - Overview
              • Exhibit 66: A and D Technology - Product / Service
              • Exhibit 67: A and D Technology - Key offerings
            • 10.4 Dyno One Inc.
              • Exhibit 68: Dyno One Inc. - Overview
              • Exhibit 69: Dyno One Inc. - Product / Service
              • Exhibit 70: Dyno One Inc. - Key offerings
            • 10.5 FEV Group GmbH
              • Exhibit 71: FEV Group GmbH - Overview
              • Exhibit 72: FEV Group GmbH - Product / Service
              • Exhibit 73: FEV Group GmbH - Key offerings
            • 10.6 HORIBA Ltd.
              • Exhibit 74: HORIBA Ltd. - Overview
              • Exhibit 75: HORIBA Ltd. - Business segments
              • Exhibit 76: HORIBA Ltd. - Key news
              • Exhibit 77: HORIBA Ltd. - Key offerings
              • Exhibit 78: HORIBA Ltd. - Segment focus
            • 10.7 LINK ENGINEERING Co.
              • Exhibit 79: LINK ENGINEERING Co. - Overview
              • Exhibit 80: LINK ENGINEERING Co. - Product / Service
              • Exhibit 81: LINK ENGINEERING Co. - Key offerings
            • 10.8 Meidensha Corp.
              • Exhibit 82: Meidensha Corp. - Overview
              • Exhibit 83: Meidensha Corp. - Business segments
              • Exhibit 84: Meidensha Corp. - Key news
              • Exhibit 85: Meidensha Corp. - Key offerings
              • Exhibit 86: Meidensha Corp. - Segment focus
            • 10.9 Phoenix Dynamometer LLC
              • Exhibit 87: Phoenix Dynamometer LLC - Overview
              • Exhibit 88: Phoenix Dynamometer LLC - Product / Service
              • Exhibit 89: Phoenix Dynamometer LLC - Key offerings
            • 10.10 Power Test LLC
              • Exhibit 90: Power Test LLC - Overview
              • Exhibit 91: Power Test LLC - Product / Service
              • Exhibit 92: Power Test LLC - Key offerings
            • 10.11 SAKOR Technologies Inc.
              • Exhibit 93: SAKOR Technologies Inc. - Overview
              • Exhibit 94: SAKOR Technologies Inc. - Product / Service
              • Exhibit 95: SAKOR Technologies Inc. - Key offerings
            • 10.12 Unico LLC
              • Exhibit 96: Unico LLC - Overview
              • Exhibit 97: Unico LLC - Product / Service
              • Exhibit 98: Unico LLC - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 99: Inclusions checklist
                • Exhibit 100: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 101: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 102: Research methodology
                • Exhibit 103: Validation techniques employed for market sizing
                • Exhibit 104: Information sources
              • 11.5 List of abbreviations
                • Exhibit 105: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Automotive Transmission Dynamometer market growth will increase by $479.27 million during 2022-2026.
              The automotive transmission dynamometer market is expected to grow at a CAGR of 3.32% during 2022-2026.
              Technavio has segmented the automotive transmission dynamometer market by end-user (Automotive testing centers and body shops, Automotive tier-1 suppliers, and Automotive OEMs) and geographic (North America, Mexico, Canada, US, Mexico, and Canada).
              A and D Technology, AVL List GmbH, Burke Porter Group, Dyno One Inc., FEV Group GmbH, Force Control Industries Inc., Froude Inc., HORIBA Ltd., LINK ENGINEERING Co., Meidensha Corp., Millbrook Proving Ground Ltd., Mustang Advanced Engineering, Phoenix Dynamometer LLC, Power Test LLC, SAKOR Technologies Inc., Unico LLC are a few of the key vendors in the automotive transmission dynamometer market.
              North America will register the highest growth rate of 100% among the other regions. Therefore, the automotive transmission dynamometer market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the automotive transmission dynamometer market growth are:
              • Cost pressure faced by OEMs leading to higher investments in R and D and testing
              • Enforcement of newer emission norms by governments
              The automotive transmission dynamometer market vendors should focus on grabbing business opportunities from the automotive testing centers and body shops segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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