Global Automotive Powertrain Testing Market 2017-2021
About Automotive Powertrain Testing
An automotive powertrain includes all the major components that generate power and transmits it to the road or the surface. The components included in the powertrain are the engine, transmission, drive shafts, differentials, and the driving wheels. In hybrid vehicles, the battery, electric motor, and the control algorithm also constitute a part of the powertrain. Continuous pressure to innovate and increasingly short development cycles are some of the big challenges in the development of modern automotive powertrains.
Technavio’s analysts forecast the global automotive powertrain testing market to grow at a CAGR of 3.60% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive powertrain testing market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Powertrain Testing Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive powertrain testing market: AVL, HORIBA MIRA, Ricardo, thyssenkrupp system Engineering, Internek Group, and FEV.
Other Prominent Vendors in the market are: A&D Company, AKKA Technologies, Applus+ IDIADA, ATESTEO, ATS Automation Tooling Systems, Cosworth, IABG, IAV, Mustang Advanced Engineering (MAE), and REDVIKING.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is automatic transmission vehicles to drive the market for transmission testing. Automatic transmission vehicles, especially passenger cars, are gaining popularity in the global market. Majority of customers opt for automatic transmission systems in premium and luxury vehicle segments. Such systems are also gaining ground in smaller car segments.”
According to the report, one driver in the market is cold and hot engine tests are done to analyze complete engine performance. Complete powertrain final tests for engines, axles, and transmission are being developed to ascertain the performance of the powertrain. Hot and cold engine tests are conducted to analyze the performance of engine under various circumstances. In a cold engine test, the engine is delivered on an assembly pallet from the conveyance system to a fully automatic test machine.
Further, the report states that one challenge in the market is high set up cost of testing facilities and high price of powertrain testing machines. Powertrain testing machines and setup are considered capital-intensive products. The average price of a powertrain testing machine is around $500,000 to $1,000,000. Additionally, setting up a testing facility is costlier. The capital intensity of the test equipment makes it unaffordable for small body shops. These factors will likely challenge the growth of the market, as body shops remain a main source of alterations to engine components and for engine upgrades.
AVL, HORIBA MIRA, Ricardo, thyssenkrupp system Engineering, Internek Group, FEV, A&D Company, AKKA Technologies, Applus+ IDIADA, ATESTEO, ATS Automation Tooling Systems, Cosworth, IABG, IAV, Mustang Advanced Engineering (MAE), and REDVIKING.
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