The Automotive Transmission Dynamometer Market in North America is being driven by Cost pressures faced by automotive OEMs leading to higher investments in research and development and testing
The Automotive Transmission Dynamometer Market in North America is expected to grow at a CAGR of 4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 622 million. Government regulations mandating stricter emission standards, such as CAFE regulations in the US and Euro 7 emission norms in Europe, will compel automakers to invest heavily in research and development of new powertrain and diesel engine technologies. These advancements will necessitate extensive testing using automotive transmission dynamometers to ensure compliance with the new norms. The resulting upgrades to vehicle engines to meet these standards may lead to increased demand for automotive transmission dynamometer testing services in North America and beyond.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
190 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
Market growth 2025-2029 |
USD 622 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
3.6 |
Key countries |
US, Mexico, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Automotive Transmission Dynamometer Market in North America focuses on testing and validating various transmission systems, including automatic and manual, CVT, electric vehicles, and hybrids. Key performance indicators include engine testing for power loss, torque ripple, shift smoothness, and vibration testing for acoustic noise, thermal stress, and material strength. Real-time control, powertrain efficiency, and gear ratio are also assessed. Testing standards ensure data logging, actuator testing, hydraulic system, cooling system, and hardware/software validation for system reliability.
The North American automotive transmission dynamometer market is a significant segment of the larger automotive parts and equipment industry. This market caters to the demand for torque measurement, transmission testing, powertrain efficiency, and drivetrain dynamics solutions for various vehicle types, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, and off-road vehicles. The global automotive components and equipment market, which encompasses companies producing parts and accessories for automobiles, is projected to grow due to several key factors. One such factor is the increasing integration of electronic components in automobiles, such as electronic control units (ECUs) and other electrical components, driven by the rising sales of EVs, motorcycles, and PCs. This trend is expected to boost the demand for advanced transmission dynamometer systems in North America.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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