Global Automotive Emission Test Equipment Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Automotive Emission Test Equipment Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Solution (Emission Test Equipment, Emission Test Software, and Emission Test Services), Emission Equipment (Opacity Meters/Smoke Meters, and Other Vehicle Emission Test Equipment/Components), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Automotive Emission Test Equipment Market was valued at USD 764.2 million in 2023 and is expected to reach USD 1,137.7 million by 2031 while growing at a CAGR of 5.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global automotive emission test equipment market growth. Automotive Emission Test Equipment comprises tools and devices dedicated to measuring and evaluating vehicle emissions, encompassing pollutants and gases emitted from exhaust systems during combustion. Its main purpose is to verify vehicle compliance with environmental regulations and emission standards established by regulatory authorities.
Increasing environmental concerns, growing public awareness, and continuous technological advancements drive the automotive emission test equipment market. Innovations like portable emission measurement systems (PEMS), real-driving emissions (RDE) testing, and remote sensing devices fuel market growth. Nevertheless, high initial investment costs and rapid technological changes may impede market expansion.
Furthermore, the global automotive emission test equipment industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Solution Analysis
The Global Automotive Emission Test Equipment Market is segmented among Emission Test Equipment, Emission Test Software, and Emission Test Services, based on Solution. In 2023, Emission Test Equipment accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Emission Equipment Analysis
The Global Automotive Emission Test Equipment Market is segmented among Opacity Meters/Smoke Meters, and Other Vehicle Emission Test Equipment/Components, based on Emission Equipment. In 2023, Other Vehicle Emission Test Equipment/Components accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Automotive Emission Test Equipment Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Opus Inspection, GEMCO Equipment Ltd., TÜV Nord Group, CAPELEC, HORIBA, Ltd., Applus+, SGS SA, AVL List GmbH, and TEXA S.p.A.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Automotive Emission Test Equipment Market Dynamics
Drivers
Restraints
Opportunity
4. Global Automotive Emission Test Equipment Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Automotive Emission Test Equipment Market Segmentation, By Solution
Global Automotive Emission Test Equipment Market Share Analysis, By Solution
Global Automotive Emission Test Equipment Market Growth Analysis, By Solution
Global Automotive Emission Test Equipment Market Trends, By Solution
o Emission Test Equipment
o Emission Test Software
o Emission Test Services
6. Global Automotive Emission Test Equipment Market Segmentation, By Emission Equipment
Global Automotive Emission Test Equipment Market Share Analysis, By Emission Equipment
Global Automotive Emission Test Equipment Market Growth Analysis, By Emission Equipment
Global Automotive Emission Test Equipment Market Trends, By Emission Equipment
o Opacity Meters/Smoke Meters
o Other Vehicle Emission Test Equipment/Components
7. Global Automotive Emission Test Equipment Market Segmentation, By Region
Global Automotive Emission Test Equipment Market Share Analysis, By Region
Global Automotive Emission Test Equipment Market Growth Analysis, By Region
Global Automotive Emission Test Equipment Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Opus Inspection*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
GEMCO Equipment Ltd.
TÜV Nord Group
CAPELEC
HORIBA, Ltd.
Applus+
SGS SA
AVL List GmbH
TEXA S.p.A.
*Similar analysis will be provided for each company listed above.