Steering Robot Market Analysis North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Size and Forecast 2023-2027

Published: Sep 2023 Pages: 157 SKU: IRTNTR73267

Steering Robot Market 2023-2027

The steering robot market size is estimated to grow at a CAGR of 8.25% between 2022 and 2027. The market size is forecast to increase by USD 65.94 million. The growth of the market depends on several factors such as growth in automotive R&D and engineering, emphasis on vehicular safety regulations and advantages offered by steering robots for vehicle dynamics testing. Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.

This report extensively covers market segmentation by Application (testing and automation driving), Vehicle Type (cars, buses, and trucks), and Geography (Europe, APAC, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. 

What will be the Size of the Steering Robot Market During the Forecast Period?

Steering Robot Market Forecast 2023-2027

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Steering Robot Market Dynamic

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Driver- Advantages offered by steering robots for vehicle dynamics testing

The use of steering robots for vehicle dynamics testing has increased over the years. Tests such as rollover tests and misuse testing have been the focus, due to the advantages offered by steering robots compared to other testing equipment and methods.

In addition, steering robots provide several benefits such as reducing the risk for human drivers, especially for physically demanding and tedious tasks, improving the accuracy of vehicle manoeuvres, enhancing data coherence, ensuring precision in the positioning of multiple vehicles, and making it easy to check for timely deployment of airbags by driving vehicles over ramps and sand-banks. These advantages will contribute to the growth of the global steering robot market during the forecast period.

Trends- Integration of test equipment with steering robots

Automotive manufacturers and OEMs will invest in steering robots and other automotive test equipment to enhance their design process. One reason for this is the compulsory installation of electronic stability control (ESC) systems in cars, which has led to an increase in investment in advanced testing equipment by manufacturers. VBOX, a major vendor in the automotive test equipment industry, offers equipment that is suitable for conducting sine with dwell tests without any ride height sensors or accelerometers.

Moreover, these can be integrated with steering robots to comply with standards such as FMVSS126 and ECE R13H. Therefore, the integration of steering robots with such features will drive the growth of the global steering robot market during the forecast period.

Challenge- Lack of awareness and acceptance of steering robots

Although steering robots offer significant advantages over human drivers, potential end-users are not yet widely aware of them. To overcome this, vendors need to adopt comprehensive marketing campaigns and conduct cost-benefit analyses for end-users to help them assess the feasibility of implementing steering robots. However, the market still faces challenges in accepting robotics due to a lack of trust and incapability in using technology. In several cases, people have rejected robots in favour of human touch.

However, vendors are putting more effort into increasing end-user awareness, enhancing marketing strategies, and improving training for care personnel. They are also focusing on improving the dexterity of robots and their software capabilities. Despite these efforts, the lack of awareness and acceptance of steering robots may remain a major challenge in the global market during the forecast period.

Steering Robot Market Segmentation by Application, Vehicle Type and Region 

Product Segment Analysis:

The market share growth by the testing segment will be significant during the forecast period. Due to the ability of steering robots to perform actions repeatedly for the same inputs, the testing segment of the global steering robot market will gain traction. Companies in the market are leveraging the expertise of their professionals in providing vehicle dynamics testing. Globally, expanded research and development spending on automotive testing has led to a rise in the number of testing facilities and open testing grounds. 

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The testing segment was the largest and was valued at USD 62.55 billion in 2017. The significant emphasis of companies will be on enhancing the service offering to ensure that client-specific driving manoeuvres for testing a wide range of driving dynamics variables are established to grow in the market. Therefore, the rising demand for efficient and accurate testing of automotive components, such as steering systems, to assure safety and compliance with regulations, the increasing adoption of automated testing solutions in the automotive industry, advancements in steering robot technology, and the need for faster and cost-effective testing processes will drive the growth of the testing segment of the global steering robot market during the forecast period.

Product Segment Analysis:

Based on vehicle type, the market has been segmented into cars, buses and trucks. The cars segment will account for the largest share of this segment. Manufacturers in the automotive industry have been emphasizing engineering vehicles that ensure the driver's protection against car crashes. For instance, cars are equipped with a range of airbags, curtains, structural enhancements, advanced safety belts, and other safety enhancements. Players in the global automotive industry are increasingly likely to invest in steering robots so that the new car models designed and manufactured by them have an acceptable level of dynamic stability with the increase in market competition. They are expected to increase their investment in steering robots and similar technologies as manufacturers are increasing their production of high-quality cars, which reduces safety-critical issues in the product development stage, thereby producing high-quality cars. These factors will fuel the demand for steering robots and, in turn, will drive the growth of the global steering robot market through the cars segment during the forecast period.

Regional Analysis

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APAC is estimated to contribute 37% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. Another region offering significant growth opportunities to vendors is Europe. Due to the maturing and stagnating electronics demand in the region, the steering robot market in Europe is expected to grow at a slower rate compared with the market in other regions. However, the automotive industry in the region has been recovering with economic activity stabilizing and consumer confidence improving. At the same time, matured markets in the EU, such as Germany and the UK, are expected to grow at a slow pace due to the rising competition among vendors and the high product penetration in the market.

In addition, hybrid vehicles dominate the automotive industry in the region due to higher adoption in countries such as France and the UK. The hybrid EV market in the region is anticipated to shift toward all-electric vehicles. The heightened adoption of hybrid vehicles in this region is attributed to favourable government policies, thereby boosting sales. Therefore, the growing emphasis of the EU on the adoption of Hybrid EVs may drive the growth of the steering robot market in Europe during the forecast period.

COVID Recovery Analysis:

In 2020, the outbreak of the COVID-19 pandemic forced governments of various countries in the region, such as the UK, Germany, and France, to impose lockdowns to contain the spread of the disease. However, the initiation of mass vaccination drives led to the lifting of lockdowns and the resumption of industrial operations in the region. Consequently, the expansion in automotive sales revived the growth of the regional market in 2021. Moreover, the rising emphasis on automotive safety regulations and compliance, the rising adoption of ADAS in vehicles, the presence of significant automobile manufacturers, and the rising investments in autonomous driving technologies will subsequently contribute to the growth of the regional steering robot market during the forecast period. 

Who are the Major Steering Robot Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

4a Technology GmbH - The company offers steering robots such as 4activeDR driving robot which is an advanced computer controlled system for dynamic ADAS and NCAP tests with vehicles on proving grounds or test tracks.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

4a Technology GmbH, AB Dynamics plc, Artificial Intelligence Structures SA, Applied Measurement Australia Pty. Ltd., Hexagon AB, HI-TEC SRL, Humanetics Innovative Solutions Inc., Oxford Technical Solutions Ltd., Racelogic, Renishaw Plc, RMS Dynamic Test Systems, Techtarget Equipamentos Cientificos Ltda., VEHICO GmbH, Datron Technology Ltd, and Stahle GmbH.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The steering robot market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Testing
    • Automation driving
  • Vehicle Type Outlook (USD Million, 2017 - 2027)
    • Cars
    • Buses
    • Trucks
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Steering Robot Market Scope

Report Coverage

Details

Page number

157

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.25%

Market growth 2023-2027

USD 65.94 million

Market structure

Concentrated

YoY growth 2022-2023(%)

7.97

Regional analysis

Europe, APAC, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 37%

Key countries

US, China, Japan, Germany, and Italy

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

4a technology GmbH, AB Dynamics plc, Airtificial Intelligence Structures SA, Applied Measurement Australia Pty. Ltd., Hexagon AB, HI TEC SRL, Humanetics Innovative Solutions Inc., Oxford Technical Solutions Ltd., Racelogic, Renishaw Plc, RMS Dynamic Test Systems, Techtarget Equipamentos Cientificos Ltda., VEHICO GmbH, Datron Technology Ltd, and Stahle GmbH

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, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Steering Robot Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the steering robot market between 2023 and 2027
  • Precise estimation of the steering robot market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across Europe, APAC, North America, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of steering robot market companies

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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 Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global steering robot market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global steering robot market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Vehicle Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Vehicle Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Testing - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Testing - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Testing - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Testing - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Testing - Year-over-year growth 2022-2027 (%)
    • 6.4 Automation driving - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Automation driving - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Automation driving - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Automation driving - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Automation driving - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ million)
      • Exhibit 43: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Vehicle Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Vehicle Type - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Vehicle Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Vehicle Type
      • Exhibit 46: Chart on Comparison by Vehicle Type
      • Exhibit 47: Data Table on Comparison by Vehicle Type
    • 7.3 Cars - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Cars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Cars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Cars - Year-over-year growth 2022-2027 (%)
    • 7.4 Buses and trucks - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Buses and trucks - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Buses and trucks - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Buses and trucks - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Buses and trucks - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Vehicle Type
      • Exhibit 56: Market opportunity by Vehicle Type ($ million)
      • Exhibit 57: Data Table on Market opportunity by Vehicle Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Italy - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Italy - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Italy - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 4a technology GmbH
              • Exhibit 111: 4a technology GmbH - Overview
              • Exhibit 112: 4a technology GmbH - Product / Service
              • Exhibit 113: 4a technology GmbH - Key offerings
            • 12.4 AB Dynamics plc
              • Exhibit 114: AB Dynamics plc - Overview
              • Exhibit 115: AB Dynamics plc - Product / Service
              • Exhibit 116: AB Dynamics plc - Key offerings
            • 12.5 Airtificial Intelligence Structures SA
              • Exhibit 117: Airtificial Intelligence Structures SA - Overview
              • Exhibit 118: Airtificial Intelligence Structures SA - Product / Service
              • Exhibit 119: Airtificial Intelligence Structures SA - Key offerings
            • 12.6 Applied Measurement Australia Pty. Ltd.
              • Exhibit 120: Applied Measurement Australia Pty. Ltd. - Overview
              • Exhibit 121: Applied Measurement Australia Pty. Ltd. - Product / Service
              • Exhibit 122: Applied Measurement Australia Pty. Ltd. - Key offerings
            • 12.7 Datron Technology Ltd
              • Exhibit 123: Datron Technology Ltd - Overview
              • Exhibit 124: Datron Technology Ltd - Product / Service
              • Exhibit 125: Datron Technology Ltd - Key offerings
            • 12.8 Hexagon AB
              • Exhibit 126: Hexagon AB - Overview
              • Exhibit 127: Hexagon AB - Business segments
              • Exhibit 128: Hexagon AB - Key news
              • Exhibit 129: Hexagon AB - Key offerings
              • Exhibit 130: Hexagon AB - Segment focus
            • 12.9 HI TEC SRL
              • Exhibit 131: HI TEC SRL - Overview
              • Exhibit 132: HI TEC SRL - Product / Service
              • Exhibit 133: HI TEC SRL - Key offerings
            • 12.10 Humanetics Innovative Solutions Inc.
              • Exhibit 134: Humanetics Innovative Solutions Inc. - Overview
              • Exhibit 135: Humanetics Innovative Solutions Inc. - Product / Service
              • Exhibit 136: Humanetics Innovative Solutions Inc. - Key offerings
            • 12.11 Oxford Technical Solutions Ltd.
              • Exhibit 137: Oxford Technical Solutions Ltd. - Overview
              • Exhibit 138: Oxford Technical Solutions Ltd. - Product / Service
              • Exhibit 139: Oxford Technical Solutions Ltd. - Key offerings
            • 12.12 Racelogic
              • Exhibit 140: Racelogic - Overview
              • Exhibit 141: Racelogic - Product / Service
              • Exhibit 142: Racelogic - Key offerings
            • 12.13 Renishaw Plc
              • Exhibit 143: Renishaw Plc - Overview
              • Exhibit 144: Renishaw Plc - Business segments
              • Exhibit 145: Renishaw Plc - Key offerings
              • Exhibit 146: Renishaw Plc - Segment focus
            • 12.14 RMS Dynamic Test Systems
              • Exhibit 147: RMS Dynamic Test Systems - Overview
              • Exhibit 148: RMS Dynamic Test Systems - Product / Service
              • Exhibit 149: RMS Dynamic Test Systems - Key offerings
            • 12.15 Stahle GmbH
              • Exhibit 150: Stahle GmbH - Overview
              • Exhibit 151: Stahle GmbH - Product / Service
              • Exhibit 152: Stahle GmbH - Key offerings
            • 12.16 Techtarget Equipamentos Cientificos Ltda.
              • Exhibit 153: Techtarget Equipamentos Cientificos Ltda. - Overview
              • Exhibit 154: Techtarget Equipamentos Cientificos Ltda. - Product / Service
              • Exhibit 155: Techtarget Equipamentos Cientificos Ltda. - Key offerings
            • 12.17 VEHICO GmbH
              • Exhibit 156: VEHICO GmbH - Overview
              • Exhibit 157: VEHICO GmbH - Product / Service
              • Exhibit 158: VEHICO GmbH - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 159: Inclusions checklist
                • Exhibit 160: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 161: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 162: Research methodology
                • Exhibit 163: Validation techniques employed for market sizing
                • Exhibit 164: Information sources
              • 13.5 List of abbreviations
                • Exhibit 165: 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.

              INFORMATION 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

              DATA 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

              REPORT 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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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • 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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