Commercial Vehicles Automotive Test Equipment Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The reports have been updated with the most recent Ukraine-Russia War impact on market growth for all 27+ industries. The reports also provide possible solutions and opportunities for surviving this crisis.
TBRC’s market report includes a chapter on the COVID-19 impact on the automotive test equipment industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected automotive test equipment market growth numbers from 2022-2031.
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The global automotive test equipment market size is expected to grow from $2.51 billion in 2021 to $2.73 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The automotive test equipment market is expected to reach $3.37 billion in 2026 at a CAGR of 5.5%.
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The Automotive Test Equipment Global Market Report 2022-31 by The Business Research Company evaluates automotive test equipment market size, growth rate, drivers, automotive test equipment industry trends, and major companies.
The automotive test equipment market segments in the report are:
1) By Product Type: Chassis Dynamometer, Engine Dynamometer, Vehicle Emission Test System, Wheel Alignment Tester
2) By Vehicle Type: Passenger Car, Commercial Vehicles
3) By Application: Handheld Scan Tool, Mobile Device-Based Scan Tool, PC or Laptop-Based Scan Tool
4) By End-Use: Original Equipment Manufacturer (OEM) Assembly Plant, Original Equipment Manufacturer (OEM) R and D, Technical Center, Authorized Service Center
The table of contents in TBRC’s automotive test equipment market report includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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