自動車試験装置市場規模、セグメント分析、2030年までの世界予測

Automotive Test Equipment Market - Global Forecast to 2032

自動車試験装置市場 - 機器(動力計、車両排出ガス試験、ホイールアライメント、バッテリー試験システム)、推進力(ICE、EV)、車両タイプ(PC、CV)、最終市場、用途、先進技術、地域別 - 2032年までの世界予測
Automotive Test Equipment Market by Equipment (Dynamometer, Vehicle Emission Test, Wheel Alignment, Battery Test System), Propulsion (ICE, EV), Vehicle Type (PC, CV), End Market, Application, Advanced Technology, and Region - Global Forecast to 2032

商品番号 : SMB-86503

出版社MarketsandMarkets
出版年月2025年9月
ページ数331
図表数306
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本市場調査は、自動車試験装置市場を製品タイプ(エンジンダイナモメーター、シャシーダイナモメーター、車両排出ガス試験システム、ホイールアライメントテスター、燃料噴射ポンプテスター、トランスミッションダイナモメーター)、アプリケーション(モバイル/タブレットベース機器、PC/ラップトップベース機器)、装置タイプ(インバーター試験、電気推進試験、eアクスル試験、バッテリー試験装置、オンボードチャージャーATS、モーター試験装置、EVドライブトレイン試験)、エンドマーケット(OEM組立工場、R&D/テクニカルセンター、認定サービスセンター)、車両タイプ(商用車、乗用車)、EVタイプ(バッテリー電気自動車、プラグインハイブリッド電気自動車、ハイブリッド電気自動車)、先進技術、地域(北米、欧州、アジア太平洋、その他の地域)別に分析しています。また、自動車試験装置市場における主要企業の競合状況と企業プロファイルも網羅しています。

本調査では、市場の主要プレーヤーの詳細な競合分析を提供し、企業プロフィール、製品および事業内容に関する重要な洞察、最近の動向、主要な市場戦略などを網羅しています。本レポートは、市場リーダー企業と新規参入企業にとって、自動車試験装置市場全体とそのサブセグメントの収益予測に役立ちます。また、ステークホルダーが競争環境を理解し、事業のポジショニングを改善し、効果的な市場開拓戦略を策定するための追加的な洞察を得るのに役立ちます。さらに、本レポートは主要な市場促進要因、制約要因、課題、機会に関する情報も提供しており、ステークホルダーが市場の動向を把握するのに役立ちます。

自動車試験装置市場は、2025年の36億6,000万米ドルから2032年には47億9,000万米ドルに達し、年平均成長率(CAGR)3.9%で成長すると予測されています。

車載エレクトロニクスの高まるとともにソフトウェアの複雑性によって、統合HiLおよびSiL試験ソリューションへの需要が堅調に推移するとともに、世界的な排ガス規制の厳格化によって、高度な燃料噴射および排ガス試験システムの採用が加速しています。堀場製作所、AVL、ナショナルインスツルメンツ、シーメンスAG、ATS Koreaなど、大手試験装置プロバイダーは、新興市場向けにコスト効率の高いポータブルソリューションを提供し、ECU、バッテリー、ADAS試験を網羅する包括的なプラットフォームを構築し、次世代自動車技術を検証するための産学連携を強化することで、こうしたトレンドに対応しています。ナショナルインスツルメンツは2024年7月、EVパワートレインの検証を迅速化するために、LabVIEWベースの試験ソフトウェアに高度なPCベースのシミュレーション機能を追加高度なテストシステムの高コストと急速な陳腐化は、特に多様化・進化する規制枠組みに対応するために頻繁にアップグレードしなければならない小規模サプライヤーにとって障壁となっています。しかし、こうしたトレンドは、自動診断、予測分析、そしてグローバルな調和をサポートするモジュール式、AI駆動型、クラウド対応のテスト機器にとって新たな機会を生み出し、OEMおよびサプライヤー全体でより迅速かつ費用対効果の高い検証を可能にします。

The automotive test equipment market is projected to reach USD 4.79 billion by 2032 from USD 3.66 billion in 2025 at a CAGR of 3.9%. Rising vehicle electronics and software complexity have driven strong demand for integrated HiL and SiL testing solutions, while stricter global emission norms have accelerated the adoption of advanced fuel injection and emission testing systems. Leading test equipment providers, including Horiba Ltd., AVL, National Instruments, Siemens AG, and ATS Korea, are addressing these trends by delivering cost-efficient, portable solutions for emerging markets, building comprehensive platforms spanning ECU, battery, and ADAS testing, and strengthening industry-academia collaborations to validate next-generation automotive technologies. National Instruments, in July 2024, enhanced its LabVIEW-based testing software with advanced PC-based simulation for faster EV powertrain validation, and Keysight, in March 2025, integrated AI-driven analytics into its PathWave platform to improve ADAS and EV system fault detection. The high cost and rapid obsolescence of advanced test systems pose barriers, particularly for smaller suppliers having to upgrade often to align with diverse and evolving regulatory frameworks. However, these same trends create opportunities for modular, AI-driven, and cloud-enabled test equipment that supports automated diagnostics, predictive analytics, and global harmonization, which enables a faster and more cost-effective validation across OEMs and suppliers.

自動車試験装置市場規模、セグメント分析、2030年までの世界予測
automotive-test-equipment-market-new

“Transmission dynamometer is the fastest-growing test equipment type during the forecast period.”

With the rise of multi-speed EV gearboxes, hybrid e-axles, and advanced dual-clutch transmissions (DCTs), the demand for precise efficiency, durability, and NVH (noise, vibration, harshness) testing is increasing sharply. Unlike engine or chassis dynamometers, transmission dynamometers enable validation under higher torque densities and varying load profiles, including the ability to simulate regenerative braking loads central to EV operation. Moreover, next-generation transmissions integrate motors, power electronics, and cooling systems, creating complex electro-mechanical interactions that only transmission dynamometers can accurately replicate. At the same time, tightening fuel economy and CO₂ regulations are compelling OEMs to target transmission losses below 1%, which in turn requires more advanced and frequent efficiency testing. For instance, in September 2024, AVL introduced a highly integrated multi-speed e-axle for heavy-duty trucks—delivering 400 kW continuous and 540 kW peak power with shifting capability that avoids torque loss—demonstrating the type of system that transmission dynamometers must now validate under real operating conditions. Together, these factors position transmission dynamometers as a critical enabler of innovation in EV and hybrid powertrains, making them the most dynamic growth segment within the automotive test equipment market.

“Battery test equipment is expected to be the largest segment of the market during the forecast period.”

The battery test equipment segment is projected to showcase significant growth of all EV test equipment during the forecast period. These systems are designed to evaluate battery cells, modules, and packs across wide operating ranges, typically spanning 5V to 1,000V and currents up to 1,200A, with high precision levels of ±0.02% for voltage and ±0.05% for current. Advanced configurations support bi-directional power flow up to 300 kW per channel, are scalable to multi-megawatt levels, and offer multi-channel capacity that often exceeds 256 channels for simultaneous testing, thereby enhancing R&D throughput. Integration with thermal chambers enables simulation of extreme environmental conditions (–40°C to +80°C), while built-in safety systems guard against overvoltage, short circuits, and thermal runaway. Battery testing equipment is witnessing strong global growth, primarily driven by rapid EV adoption, stricter safety and performance regulations, and rising demand for longer-range and durable batteries. Regulatory compliance is a key driver, as equipment ensures adherence to standards like UNECE R100 and ISO 12405, certifying safety, lifecycle durability, and performance under real-world driving conditions. These systems are critical across the value chain from R&D labs supporting chemistry innovation and drive cycle simulations, to production lines enabling end-of-line validation, and service centers performing diagnostics. Leading providers in this space include Intertek and AVL, who deliver advanced solutions for both OEMs and suppliers. Stringent global regulations and extended warranty obligations are compelling OEMs and suppliers to invest in advanced lifecycle, durability, and abuse testing systems to ensure long-term battery reliability. The advent of next-generation chemistries, including solid-state batteries, is further accelerating demand for specialized testing equipment such as impedance spectroscopy analyzers and dendrite detection systems, which are critical for validating safety and scalability. In parallel, growing emphasis on end-of-life and second-life applications is driving adoption of automated grading and rapid diagnostic tools, enabling efficient battery repurposing and recycling. Leading providers of battery testing equipment and services include Intertek, AVL, TÜV Rheinland, Keysight, Dewesoft, HORIBA, SGS, National Instruments, Softing, Dürr Group, and Arbin Instruments. These companies offer comprehensive testing solutions such as cell/module/pack-level testing, charge/discharge cycles, and battery lifecycle simulations.

“The Rest of the World is expected to be the second fastest-growing market during the forecast period.”

The Rest of the World is the second fastest-growing region during the forecast period. Among the Rest of the World countries, Brazil has established itself as the leading mobility hub, advancing faster than its peers through a dual push of OEM assembly plant expansion and testing facility growth. BYD accelerated localization with three factories in Bahia, including EV, battery, and bus chassis plants, alongside a new Flex 1.5L plug-in engine facility at the Camacari complex in March 2025. GWM began hybrid SUV production in Iracemápolis, while Stellantis introduced Bio-Hybrid technology in Pernambuco, integrating ethanol with electrification for cost-effective solutions. OEMs are investing in testing the hybrid and alternative fuel vehicles in the country. For instance, Volkswagen and Toyota strengthened hybrid flex-fuel programs, and Hyundai advanced ethanol-hybrid R&D at Piracicaba, positioning Brazil as a global testbed for renewable energy vehicles. In commercial transport, Scania rolled out ethanol-hybrid trucks aligned with Brazil’s low-carbon policies. Additionally, in June 2025, Marelli inaugurated an INMETRO-accredited EV lab in Hortolândia, enhancing local validation and homologation capacity. This convergence of industrial scale-up and advanced testing positioned Brazil as the fastest-growing market outside the global triad, anchoring its leadership in the evolving mobility landscape.

自動車試験装置市場規模、セグメント分析、2030年までの世界予測 - 地域
automotive-test-equipment-market-new-region

In Russia, the government and industry players are intensifying efforts to build a domestic automotive ecosystem, with a strong emphasis on testing and R&D. In February 2025, the Ministry of Industry and Trade, the Government of Tatarstan, and RUSNANO Group signed a trilateral agreement to establish an automotive component development center at the Idea Technopark in Kazan, focused on body and chassis components, power electronics, and traction batteries for passenger cars and trucks. The initiative also includes a modern testing laboratory and a training hub for engineering and technical specialists, reinforcing Russia’s push for technological self-reliance. Complementing this, Atom announced in December 2024 that its upcoming EV will undergo 48 crash tests, along with aerodynamic, torsional rigidity, climatic, and corrosion durability evaluations, ahead of serial production in 2025. Together, these developments underscore Russia’s accelerated push to strengthen its domestic testing infrastructure, enhance EV readiness, and reduce reliance on imports.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

  • By Company Type: OEMs – 30%, Tier I & Tier II – 50%, and Others – 20%,
  • By Designation: CXOs – 35%, Managers – 25%, and Executives – 40%
  • By Region: North America – 30%, Europe – 20%, Asia Pacific – 50%, and Rest of the World – 15%

The automotive test equipment market is dominated by established players such as AVL (Austria), Horiba, Ltd.(Japan), Robert Bosch GmbH (Germany), Phinia Inc.(US), and Illinois Tool Works Inc. (US). These companies actively manufacture and develop new and advanced connectors. They have set up R&D facilities and offer best-in-class products to their customers.

自動車試験装置市場規模、セグメント分析、2030年までの世界予測 - 対象となる企業
automotive-test-equipment-market-new-ecosystem

Research Coverage:

The market study covers the automotive test equipment market by product type (engine dynamometer, chassis dynamometer, vehicle emission test system, wheel alignment tester, Fuel injection pump tester, transmission dynamometer), application (mobile/tablet-based equipment, PC/Laptop-based equipment), equipment type (inverter test, electric propulsion test, e-axle test, battery test equipment, on-board charger ATS, motor test equipment, EV drivetrain test), end market (OEM assembly plant, R&D/Technical center, authorized service center), vehicle type (commercial vehicle, passenger car), EV type (battery electric vehicle, plug-in hybrid electric vehicle, and hybrid electric vehicle), advanced technology, and region (North America, Europe, Asia Pacific, and Rest of the World). It also covers the competitive landscape and company profiles of the major players in the automotive test equipment market.

Key Benefits of Purchasing this Report

The study offers a detailed competitive analysis of the key players in the market, including their company profiles, important insights into product and business offerings, recent developments, and main market strategies. The report will assist market leaders and new entrants with estimates of revenue figures for the overall automotive test equipment market and its subsegments. It helps stakeholders understand the competitive landscape and gain additional insights to better position their businesses and develop effective go-to-market strategies. Additionally, the report provides information on key market drivers, restraints, challenges, and opportunities, helping stakeholders keep track of market dynamics.

The report provides insights into the following points:

  • Analysis of key drivers (Increasing demand for specialized test systems for hybrid and EV platforms, stringent regulatory standards for automotive testing, shift toward advanced automotive testing technologies), restraints (capital-intensive infrastructure for test equipment manufacturers, in-house capability preference for automotive testing), opportunities (Test-as-a-Service and cloud-integrated virtual labs, convergence toward X-in-the-Loop (XiL) technology, localized, compact test benches for Tier-2 and mid-sized suppliers), and challenges (heterogeneous validation needs across OEMs, high complexity in ADAS and ECU co-validation, lack of standardization in battery testing protocols) influencing the growth of the automotive test equipment market
  • Product Development/Innovation: Detailed insights into upcoming technologies, R&D activities, and product launches in the automotive test equipment market
  • Market Development: Comprehensive information about lucrative markets (the report analyzes the automotive test equipment across various regions)
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the automotive test equipment market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like AVL (Austria), Horiba, Ltd. (Japan), Robert Bosch GmbH (Germany), Phinia Inc. (US), and Illinois Tool Works Inc. (US) in the automotive test equipment market

Table of Contents

1               INTRODUCTION              27

1.1           STUDY OBJECTIVES       27

1.2           MARKET DEFINITION   28

1.3           STUDY SCOPE   31

1.3.1        MARKET SEGMENTATION AND REGIONAL SCOPE                 31

1.3.2        INCLUSIONS AND EXCLUSIONS 32

1.4           YEARS CONSIDERED      33

1.5           CURRENCY CONSIDERED            33

1.6           STAKEHOLDERS               34

1.7           SUMMARY OF CHANGES               34

2               EXECUTIVE SUMMARY  35

3               PREMIUM INSIGHTS       39

3.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE TEST EQUIPMENT MARKET          39

3.2           AUTOMOTIVE TEST EQUIPMENT MARKET, BY EQUIPMENT      40

3.3           AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION     41

3.4           AUTOMOTIVE TEST EQUIPMENT MARKET, BY VEHICLE TYPE     41

3.5           AUTOMOTIVE TEST EQUIPMENT MARKET, BY END MARKET               42

3.6           AUTOMOTIVE TEST EQUIPMENT MARKET, BY APPLICATION   42

3.7           AUTOMOTIVE TEST EQUIPMENT MARKET, BY REGION                 43

4               MARKET OVERVIEW       44

4.1           INTRODUCTION              44

4.2           MARKET DYNAMICS       44

4.2.1        DRIVERS               45

4.2.1.1    Increasing demand for specialized test systems for hybrid

and EV platforms 45

4.2.1.2    Stringent regulatory standards for automotive testing   46

4.2.1.3    Shift toward advanced automotive testing technologies 48

4.2.2        RESTRAINTS      48

4.2.2.1    Capital-intensive infrastructure for test equipment manufacturers       48

4.2.2.2    In-house capability preference for automotive testing   49

4.2.3        OPPORTUNITIES              49

4.2.3.1    Popularity of test-as-a-service and cloud-integrated virtual labs                 49

4.2.3.2    Convergence toward X-in-the-Loop (XiL) technology  50

4.2.3.3    Localized, compact test benches for tier-2 and mid-sized suppliers 50

4.2.4        CHALLENGES    51

4.2.4.1    Heterogeneous validation needs across OEMs                51

4.2.4.2    High complexity in ADAS and ECU co-validation          51

4.2.4.3    Lack of standardization in battery testing protocols       52

5               INDUSTRY TRENDS         54

5.1           SUPPLY CHAIN ANALYSIS             54

5.2           ECOSYSTEM ANALYSIS  55

5.2.1        RAW MATERIAL/COMPONENT SUPPLIERS           56

5.2.2        TEST EQUIPMENT MANUFACTURERS    56

5.2.3        TESTING SOFTWARE & SIMULATION TOOL PROVIDERS                 56

5.2.4        THIRD-PARTY TESTING SERVICE PROVIDERS    56

5.2.5        END USERS         57

5.3           PRICING ANALYSIS          58

5.3.1        BY VEHICLE TYPE            58

5.3.2        BY EQUIPMENT & REGION          58

5.4           TRADE ANALYSIS             59

5.4.1        EXPORT SCENARIO (HS CODE 90318000)                59

5.4.2        IMPORT SCENARIO (HS CODE 90318000)                61

5.5           TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS            62

5.6           CASE STUDY ANALYSIS 63

5.6.1        NOVELIC DEVELOPED HIGHLY PROGRAMMABLE AND CONFIGURABLE HIGH-SPEED DATA LOGGER PLATFORM TO ENABLE LOW-LATENCY DATA STREAMING         63

5.6.2        BRIGGS & STRATTON UTILIZED SIEMENS’ FLEXIBLE AND INTUITIVE SIMCENTER TESTLAB SOFTWARE TO INTEGRATE SOFTWARE AND HARDWARE TESTING INTO SEAMLESS WORKFLOW 63

5.6.3        MAN TRUCK & BUS DEPLOYED VECTOR INDIGO TO OPTIMIZE DIAGNOSTIC VALIDATION AND TESTING PROCESSES         64

5.7           KEY CONFERENCES & EVENTS, 2025–2026              65

5.8           INVESTMENT & FUNDING SCENARIO     65

6               STRATEGIC DISRUPTION THROUGH TECHNOLOGY, PATENTS, DIGITAL,

AND AI ADOPTIONS       68

6.1           TECHNOLOGY ANALYSIS             68

6.1.1        KEY TECHNOLOGIES     68

6.1.1.1    E-motor test benches           68

6.1.1.2    Battery test systems              68

6.1.2        COMPLEMENTARY TECHNOLOGIES       69

6.1.2.1    Simulation and modeling software     69

6.1.2.2    Data acquisition and analytics (DAQ & analytics)          69

6.1.3        ADJACENT TECHNOLOGIES       70

6.1.3.1    Cybersecurity testing tools 70

6.1.3.2    Autonomous driving test ecosystem  70

6.2           PATENT ANALYSIS          71

6.3           IMPACT OF AI/GEN AI ON AUTOMOTIVE TEST EQUIPMENT MARKET    73

6.4           AUTOMOTIVE TESTING STRATEGIES ADOPTED BY OEMS    74

6.4.1        IN-HOUSE VS. OUTSOURCED TESTING 75

6.4.2        TESTING INFRASTRUCTURE DIGITIZATION       75

6.4.3        END-OF-LINE (EOL) AUTOMATION        75

6.4.4        MODULAR AND SCALABLE TEST PLATFORMS   76

6.4.5        SOFTWARE-DEFINED VEHICLE (SDV) AND CYBERSECURITY TESTING           76

6.4.6        GLOBAL R&D-MANUFACTURING NETWORK INTEGRATION  76

6.4.7        STANDARDIZATION AND REGULATORY READINESS                 76

6.4.8        PARTNERSHIP WITH TEST EQUIPMENT SUPPLIERS                 76

6.4.9        SUSTAINABILITY AND ENERGY-EFFICIENT TESTING                 76

6.4.10      ARTIFICIAL INTELLIGENCE (AI) AND PREDICTIVE TESTING MODELS           77

6.5           STARTUP AND SME INNOVATIONS IN AUTOMOTIVE TESTING              77

6.6           REGIONAL INVESTMENT HOTSPOTS: LOCALIZED TESTING CAPABILITIES

& COST ADVANTAGES  78

6.7           CAPEX OPTIMIZATION FOR OEMS AND TIER-1 SUPPLIERS (

IN-HOUSE VS. OUTSOURCED)   79

6.8           COMPETITIVE COMPARISON MATRIX: OEM STRATEGIES IN AUTOMOTIVE TESTING               81

7               SUSTAINABILITY AND REGULATORY LANDSCAPE                 83

7.1           REGULATORY LANDSCAPE         83

7.1.1        REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  83

7.1.2        KEY REGULATIONS, BY REGION                87

7.2           IMPACT OF GLOBAL EMISSION AND SAFETY REGULATIONS ON AUTOMOTIVE TEST EQUIPMENT     92

7.2.1        EU7, US EPA, CHINA 6: INFLUENCE ON CHASSIS DYNOS, EMISSION TESTERS, AND HOMOLOGATION EQUIPMENT                 92

7.2.2        ISO 26262, UNECE R155/R156 COMPLIANCE VIA TEST EQUIPMENT      93

7.3           REQUIREMENTS FOR REGULATORY TESTING    93

8               CUSTOMER LANDSCAPE & BUYER BEHAVIOR    95

8.1           KEY STAKEHOLDERS AND BUYING CRITERIA     95

8.1.1        KEY STAKEHOLDERS IN BUYING PROCESS           95

8.1.2        BUYING CRITERIA           96

9               AUTOMOTIVE TEST EQUIPMENT MARKET, BY EQUIPMENT      98

9.1           INTRODUCTION              99

9.2           ENGINE DYNAMOMETER             102

9.2.1        RISING DEMAND FOR HIGH-PERFORMANCE ENGINES, FUEL-EFFICIENCY REGULATIONS, AND TECHNOLOGICAL ADVANCEMENTS IN HYBRID POWERTRAINS TO DRIVE MARKET                 102

9.3           CHASSIS DYNAMOMETER            103

9.3.1        EXPANSION OF AUTOMOTIVE INDUSTRY IN DEVELOPING ECONOMIES TO DRIVE MARKET  103

9.4           VEHICLE EMISSION TEST SYSTEM            104

9.4.1        STRINGENT REGULATIONS, AIR QUALITY FOCUS, AND HYBRID VEHICLE ADOPTION TO DRIVE MARKET             104

9.5           WHEEL ALIGNMENT TESTER     106

9.5.1        INCREASING ADOPTION OF AUTOMATED VEHICLES AND PRECISION DRIVETRAIN TESTING TO DRIVE MARKET                 106

9.6           TRANSMISSION DYNAMOMETER              107

9.6.1        HIGH VEHICLE PARC, OEM SERVICE EXPANSION, AND POWERTRAIN SHIFT TO DRIVE MARKET               107

9.7           FUEL INJECTION PUMP TESTER                108

9.7.1        ALTERNATIVE FUELS AND DIAGNOSTIC INFRASTRUCTURE IN ICE-DOMINANT REGIONS TO DRIVE MARKET               108

9.8           BATTERY TEST EQUIPMENT      110

9.8.1        ADVANCED TECHNOLOGIES AND HIGH-VOLTAGE VALIDATION TO DRIVE MARKET              110

9.9           E-MOTOR TEST EQUIPMENT     111

9.9.1        EV ADOPTION AND HIGH-VOLTAGE MOTOR ARCHITECTURES TO DRIVE MARKET     111

9.10         E-AXLE TESTING              112

9.10.1      GROWING DEMAND FOR LIFECYCLE TESTING OF E-AXLES IN FLEET AND SHARED MOBILITY EVS TO DRIVE MARKET               112

9.11         EV DRIVETRAIN TESTING            113

9.11.1      NEXT-GEN VALIDATION IN EV DRIVETRAINS TO DRIVE MARKET               113

9.12         HARDWARE-IN-THE-LOOP TESTING      114

9.12.1      FOCUS ON REAL-TIME INTERACTION BETWEEN PHYSICAL ECUS AND SIMULATED VEHICLE ENVIRONMENTS TO DRIVE MARKET 114

9.13         VEHICLE CHARGING & HIGH-VOLTAGE TEST SYSTEMS                 116

9.13.1      HIGH-VOLTAGE BATTERY PACKS AND V2G CAPABILITIES IN EVS TO DRIVE MARKET              116

9.14         OTHERS                117

9.15         KEY PRIMARY INSIGHTS                118

10            AUTOMOTIVE TEST EQUIPMENT MARKET, BY APPLICATION   119

10.1         INTRODUCTION              120

10.2         MOBILE/TABLET-BASED EQUIPMENT   121

10.2.1      INCREASING DEMAND FOR CONNECTED VEHICLES AND EV ADOPTION IN MOBILE/TABLET-BASED TESTING TO DRIVE MARKET 121

10.3         PC/LAPTOP-BASED EQUIPMENT              123

10.3.1      HIGH COMPUTATIONAL POWER AND MULTI-SYSTEM INTEGRATION TO DRIVE MARKET          123

10.4         KEY PRIMARY INSIGHTS                124

11            AUTOMOTIVE TEST EQUIPMENT MARKET, BY VEHICLE TYPE     125

11.1         INTRODUCTION              126

11.1.1      COMPARISON OF TEST EQUIPMENT SPECIFICATIONS IN PASSENGER CAR AND COMMERCIAL VEHICLE             126

11.2         PASSENGER CAR               128

11.2.1      ADVANCEMENTS IN ADAS AND AUTONOMOUS DRIVING TECHNOLOGIES TO DRIVE MARKET   128

11.3         COMMERCIAL VEHICLE                129

11.3.1      INCREASING DEMAND FOR HEAVY-DUTY CHASSIS AND ENGINE DYNAMOMETERS TO DRIVE MARKET   129

11.3.2      LIGHT COMMERCIAL VEHICLE 130

11.3.3      HEAVY COMMERCIAL VEHICLE 130

11.4         KEY PRIMARY INSIGHTS                131

12            AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION     132

12.1         INTRODUCTION              133

12.2         ICE         134

12.2.1      ADVANCEMENTS IN ENGINE TECHNOLOGIES AND STRICT EMISSION REGULATIONS TO DRIVE MARKET    134

12.3         EV           135

12.3.1      INCREASING DEMAND FOR ADVANCED BATTERY TESTING TO DRIVE MARKET      135

12.4         KEY PRIMARY INSIGHTS                136

13            AUTOMOTIVE TEST EQUIPMENT MARKET, BY END MARKET               137

13.1         INTRODUCTION              138

13.2         AUTHORIZED SERVICE CENTER                139

13.2.1      RISING DEMAND FOR WHEEL ALIGNMENT TESTERS TO DRIVE MARKET 139

13.3         OEM ASSEMBLY PLANT 140

13.3.1      END-OF-LINE TESTING AND OPTIMIZATION OF FACILITIES BY OEMS TO DRIVE MARKET              140

13.4         R&D/TECHNICAL CENTER           142

13.4.1      DEMAND FOR ADVANCED ADAS AND AUTONOMOUS SYSTEM TESTING TECHNOLOGIES TO DRIVE MARKET 142

13.5         KEY PRIMARY INSIGHTS                143

14            AUTOMOTIVE TEST EQUIPMENT MARKET, BY ADVANCED TECHNOLOGY         144

14.1         INTRODUCTION              144

14.2         ADAS TESTING 144

14.3         ECU TESTING    145

14.4         DATA LOGGER 146

14.5         SIMULATION TESTING 146

14.5.1      CRASH IMPACT SIMULATION    147

14.5.2      AUTONOMOUS DRIVING SIMULATOR   147

14.6         SENSOR TESTING             147

14.7         PERCEPTION SYSTEM TESTING                 148

14.8         EDGE COMPUTING         148

14.9         V2X TESTING     149

15            AUTOMOTIVE TEST EQUIPMENT MARKET, BY REGION                 150

15.1         INTRODUCTION              151

15.2         ASIA PACIFIC     152

15.2.1      ASIA PACIFIC: AUTOMOTIVE TEST EQUIPMENT MARKET DRIVERS            152

15.2.2      ASIA PACIFIC: MACROECONOMIC OUTLOOK     155

15.2.3      CHINA  157

15.2.3.1  Adoption of expansion strategy by OEMs to drive market                 157

15.2.4      INDIA    159

15.2.4.1  Rapid expansion of authorized service centers to foster growth                 159

15.2.5      JAPAN   160

15.2.5.1  Assembly plant growth and rise in R&D investments to drive market    160

15.2.6      SOUTH KOREA  161

15.2.6.1  Heavy investments in advanced battery test equipment to boost market    161

15.2.7      REST OF ASIA PACIFIC   162

15.3         EUROPE               163

15.3.1      EUROPE: AUTOMOTIVE TEST EQUIPMENT MARKET DRIVERS               164

15.3.2      EUROPE: MACROECONOMIC OUTLOOK               166

15.3.3      FRANCE                169

15.3.3.1  EV adoption, regulatory compliance, and strategic R&D investments to drive market                169

15.3.4      GERMANY           170

15.3.4.1  Investment and collaborative R&D in autonomous driving and ADAS technologies to spur demand 170

15.3.5      ITALY    172

15.3.5.1  Hybridization and export-oriented production to drive market                 172

15.3.6      SPAIN    173

15.3.6.1  Emphasis on developing robust testing and quality assurance infrastructure to boost market            173

15.3.7      UK          175

15.3.7.1  Demand for electrification and R&D-driven EV testing to drive market    175

15.3.8      REST OF EUROPE             176

15.4         NORTH AMERICA             177

15.4.1      NORTH AMERICA: AUTOMOTIVE TEST EQUIPMENT MARKET DRIVERS            177

15.4.2      NORTH AMERICA: MACROECONOMIC OUTLOOK                 179

15.4.3      CANADA               182

15.4.3.1  Rise in investments for connected and autonomous vehicle development to drive market              182

15.4.4      MEXICO                184

15.4.4.1  Expansion of EV manufacturing to drive market             184

15.4.5      US           185

15.4.5.1  Focus on innovation, technology, and development of high-performance, fuel-efficient vehicles to drive market       185

15.5         REST OF THE WORLD    186

15.5.1      REST OF THE WORLD: MACROECONOMIC OUTLOOK                 187

15.5.2      BRAZIL 190

15.5.2.1  Heavy investments by OEMs to drive market 190

15.5.3      RUSSIA 191

15.5.3.1  Focus on developing local manufacturing centers to drive market                 191

15.5.4      OTHERS                192

16            COMPETITIVE LANDSCAPE         194

16.1         INTRODUCTION              194

16.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025                 194

16.3         MARKET SHARE ANALYSIS, 2024                 197

16.4         REVENUE ANALYSIS, 2020–2024  199

16.5         COMPANY VALUATION AND FINANCIAL METRICS                 200

16.6         BRAND/PRODUCT COMPARISON             201

16.7         PRODUCTION CAPABILITIES OF AUTOMOTIVE TEST EQUIPMENT MANUFACTURERS                202

16.7.1      PHINIA INC.        202

16.7.1.1  PHINIA Inc.: Upcoming centers        202

16.7.2      SOFTING AG      202

16.7.2.1  Softing AG: Upcoming centers          203

16.7.3      ROBERT BOSCH GMBH 203

16.7.3.1  Robert Bosch GmbH: Upcoming centers         203

16.7.4      HORIBA, LTD.    203

16.7.4.1  HORIBA, Ltd.: Upcoming centers    204

16.7.5      AVL        204

16.7.5.1  AVL: Upcoming centers      205

16.7.6      SIEMENS AG       205

16.7.6.1  Siemens AG: Upcoming centers        205

16.7.7      SCHAEFFLER AG               206

16.7.7.1  Schaeffler AG: Upcoming centers     206

16.8         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 207

16.8.1      STARS   207

16.8.2      EMERGING LEADERS     207

16.8.3      PERVASIVE PLAYERS      207

16.8.4      PARTICIPANTS 207

16.8.5      COMPANY FOOTPRINT 209

16.8.5.1  Company footprint               209

16.8.5.2  Region footprint   210

16.8.5.3  Equipment footprint             211

16.8.5.4  Vehicle type footprint          212

16.9         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        213

16.9.1      PROGRESSIVE COMPANIES         213

16.9.2      RESPONSIVE COMPANIES            213

16.9.3      DYNAMIC COMPANIES  213

16.9.4      STARTING BLOCKS         213

16.9.5      COMPETITIVE BENCHMARKING               215

16.9.5.1  List of startups/SMEs          215

16.9.5.2  Competitive benchmarking of startups/SMEs 216

16.10       COMPETITIVE SCENARIO             217

16.10.1   PRODUCT LAUNCHES/DEVELOPMENTS               217

16.10.2   DEALS  219

16.10.3   EXPANSION        222

16.10.4   OTHER DEVELOPMENTS              223

17            COMPANY PROFILES      224

17.1         KEY PLAYERS     224

17.1.1      PHINIA INC.        224

17.1.1.1  Business overview 224

17.1.1.2  Products offered   225

17.1.1.3  Recent developments           227

17.1.1.3.1                Product launches/developments        227

17.1.1.3.2                Deals      227

17.1.1.3.3                Other developments             228

17.1.1.4  MnM view              228

17.1.1.4.1                Key strengths        228

17.1.1.4.2                Strategic choices   228

17.1.1.4.3                Weaknesses and competitive threats 228

17.1.2      ROBERT BOSCH GMBH 229

17.1.2.1  Business overview 229

17.1.2.2  Products offered   230

17.1.2.3  Recent developments           231

17.1.2.3.1                Product launches/developments        231

17.1.2.4  MnM view              232

17.1.2.4.1                Key strengths        232

17.1.2.4.2                Strategic choices   232

17.1.2.4.3                Weaknesses and competitive threats 232

17.1.3      HORIBA GROUP                233

17.1.3.1  Business overview 233

17.1.3.2  Products offered   234

17.1.3.3  Recent developments           237

17.1.3.3.1                Product launches/developments        237

17.1.3.3.2                Deals      238

17.1.3.3.3                Expansion              239

17.1.3.4  MnM view              240

17.1.3.4.1                Key strengths        240

17.1.3.4.2                Strategic choices   240

17.1.3.4.3                Weaknesses and competitive threats 240

17.1.4      AVL        241

17.1.4.1  Business overview 241

17.1.4.2  Products offered   241

17.1.4.3  Recent developments           244

17.1.4.3.1                Product launches/developments        244

17.1.4.3.2                Deals      245

17.1.4.3.3                Expansion              246

17.1.4.4  MnM view              247

17.1.4.4.1                Key strengths        247

17.1.4.4.2                Strategic choices   247

17.1.4.4.3                Weaknesses and competitive threats 247

17.1.5      ILLINOIS TOOL WORKS INC.       248

17.1.5.1  Business overview 248

17.1.5.2  Products offered   249

17.1.5.3  Recent developments           250

17.1.5.3.1                Deals      250

17.1.5.3.2                Other developments             250

17.1.5.4  MnM view              250

17.1.5.4.1                Key strengths        250

17.1.5.4.2                Strategic choices   251

17.1.5.4.3                Weaknesses and competitive threats 251

17.1.6      SIEMENS              252

17.1.6.1  Business overview 252

17.1.6.2  Products offered   253

17.1.6.3  Recent developments           254

17.1.6.3.1                Product launches/developments        254

17.1.6.3.2                Deals      254

17.1.7      DÜRR GROUP    255

17.1.7.1  Business overview 255

17.1.7.2  Products offered   256

17.1.7.3  Recent developments           258

17.1.7.3.1                Deals      258

17.1.7.3.2                Expansion              258

17.1.7.3.3                Other developments             259

17.1.8      CONTINENTAL AG          260

17.1.8.1  Business overview 260

17.1.8.2  Products offered   261

17.1.8.3  Recent developments           262

17.1.8.3.1                Product launches/developments        262

17.1.8.3.2                Deals      263

17.1.8.3.3                Expansion              263

17.1.8.3.4                Other developments             264

17.1.9      VECTOR INFORMATIK GMBH     265

17.1.9.1  Business overview 265

17.1.9.2  Products offered   265

17.1.9.3  Recent developments           266

17.1.9.3.1                Product launches/developments        266

17.1.9.3.2                Deals      267

17.1.10   SOFTING AG      269

17.1.10.1                 Business overview 269

17.1.10.2                 Products offered   270

17.1.10.3                 Recent developments           272

17.1.10.3.1             Other developments             272

17.1.11   MUSTANG ADVANCED ENGINEERING   273

17.1.11.1                 Business overview 273

17.1.11.2                 Products offered   273

17.1.11.3                 Recent developments           275

17.1.11.3.1             Product launches/developments        275

17.1.11.3.2             Deals      276

17.1.11.3.3             Expansion              277

17.1.11.3.4             Other developments             277

17.1.12   SCHAEFFLER AG               279

17.1.12.1                 Business overview 279

17.1.12.2                 Products offered   280

17.1.12.3                 Recent developments           282

17.1.12.3.1             Other developments             282

17.1.13   MAHA MASCHINENBAU HALDENWANG GMBH & CO. KG                 283

17.1.13.1                 Business overview 283

17.1.13.2                 Products offered   283

17.1.13.3                 Recent developments           286

17.1.13.3.1             Deals      286

17.1.13.3.2             Other developments             287

17.1.14   MULLER AUTOMOTIVE 288

17.1.14.1                 Business overview 288

17.1.14.2                 Products offered   288

17.2         OTHER PLAYERS              292

17.2.1      INTERTEK GROUP PLC  292

17.2.2      TÜV SÜD              293

17.2.3      ROHDE & SCHWARZ       294

17.2.4      SINFONIA TECHNOLOGY CO., LTD.         295

17.2.5      AMPRO TESTING MACHINES      296

17.2.6      AMETEK CTS      297

17.2.7      AUTEL INTELLIGENT TECHNOLOGY CORP., LTD.                 298

17.2.8      NSM INDUSTRIAL SOLUTIONS PVT LTD                299

17.2.9      DSA DATEN- UND SYSTEMTECHNIK GMBH         300

17.2.10   IPETRONIK GMBH & CO.KG        301

17.2.11   HUFF TECHNOLOGIES  302

17.2.12   DYNO ONE INC.                303

17.2.13   DRIVE SYSTEM DESIGN 304

17.2.14   ANTHONY BEST DYNAMICS LIMITED    305

17.2.15   SAJ TEST PLANT PVT. LTD.          306

17.2.16   MAXEYE TECHNOLOGIES             307

17.2.17   NATIONAL INSTRUMENTS CORP.             308

18            RECOMMENDATIONS BY MARKETSANDMARKETS                 309

18.1         ASIA PACIFIC TO BE LEADING GROWTH HUB FOR AUTOMOTIVE TEST EQUIPMENT            309

18.2         OEMS TO FOCUS ON IMPROVING SAFETY AND EFFICIENCY WITH MODULAR

BATTERY TESTING         309

18.3         TEST EQUIPMENT MANUFACTURERS TO FOCUS ON SERVICE NETWORK MODERNIZATION  310

18.4         STRATEGIC INVESTMENTS FOR DEVELOPING EV AND AUTONOMOUS VEHICLE TESTING CAPABILITIES            310

18.5         CONCLUSION    311

19            APPENDIX           312

19.1         RESEARCH METHODOLOGY       312

19.1.1      RESEARCH DATA              312

19.1.2      SECONDARY DATA          313

19.1.2.1  List of secondary sources    314

19.1.2.2  Key data from secondary sources       315

19.1.3      PRIMARY DATA 315

19.1.3.1  List of primary participants 316

19.1.3.2  Primary interviewees from demand and supply sides     317

19.1.3.3  Breakdown of primary interviews      317

19.2         MARKET SIZE ESTIMATION         318

19.2.1      BOTTOM-UP APPROACH              318

19.2.2      TOP-DOWN APPROACH                319

19.3         DATA TRIANGULATION                320

19.4         FACTOR ANALYSIS          321

19.5         RISK & IMPACT ASSESSMENT     322

19.6         RESEARCH LIMITATIONS             323

19.7         DISCUSSION GUIDE        324

19.8         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                327

19.9         CUSTOMIZATION OPTIONS        329

19.10       RELATED REPORTS         329

19.11       AUTHOR DETAILS           330

LIST OF TABLES

TABLE 1                MARKET DEFINITION, BY EQUIPMENT 28

TABLE 2                MARKET DEFINITION, BY APPLICATION                 29

TABLE 3                MARKET DEFINITION, BY PROPULSION                 29

TABLE 4                MARKET DEFINITION, BY VEHICLE TYPE                 30

TABLE 5                MARKET DEFINITION, BY END MARKET                 30

TABLE 6                CURRENCY EXCHANGE RATES, BY COUNTRY, 2019–2024              33

TABLE 7                EV TEST EQUIPMENT OFFERED BY AUTOMOTIVE TEST MANUFACTURERS 45

TABLE 8                TEST EQUIPMENT REQUIRED BY REGULATORY STANDARDS      47

TABLE 9                MARKET DYNAMICS: IMPACT ANALYSIS                 53

TABLE 10              ROLE OF COMPANIES IN MARKET ECOSYSTEM                 57

TABLE 11              AVERAGE SELLING PRICE OF AUTOMOTIVE TEST EQUIPMENT,

BY VEHICLE TYPE, 2024 58

TABLE 12              AVERAGE SELLING PRICE OF AUTOMOTIVE TEST EQUIPMENT, BY REGION, 2024       59

TABLE 13              AUTOMOTIVE TEST EQUIPMENT EXPORTS, BY COUNTRY,

2020–2024 (USD MILLION)            60

TABLE 14              AUTOMOTIVE TEST EQUIPMENT IMPORTS, BY COUNTRY,

2020–2024 (USD MILLION)            62

TABLE 15              KEY CONFERENCES & EVENTS, 2025–2026                 65

TABLE 16              FUNDING DATA, BY USE CASE, 2021–2025                 66

TABLE 17              PATENT ANALYSIS          72

TABLE 18              COMPARISON OF TESTING STRATEGIES BY OEMS    74

TABLE 19              STARTUP AND SME INNOVATIONS IN AUTOMOTIVE TESTING                77

TABLE 20              REGIONAL INVESTMENT HOTSPOTS: LOCALIZED TESTING CAPABILITIES

& COST ADVANTAGES  78

TABLE 21              CAPEX OPTIMIZATION FOR OEMS AND TIER-1 SUPPLIERS:

IN-HOUSE VS. OUTSOURCED     80

TABLE 22              COMPETITIVE COMPARISON MATRIX: OEM STRATEGIES IN AUTOMOTIVE TESTING               81

TABLE 23              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  83

TABLE 24              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  84

TABLE 25              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  86

TABLE 26              REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY PERFORMANCE     87

TABLE 27              REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY DURABILITY            88

TABLE 28              REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY SAFETY      88

TABLE 29              VEHICLE TESTING REGULATIONS           89

TABLE 30              ENGINE TESTING REGULATIONS             90

TABLE 31              REQUIREMENTS FOR REGULATORY TESTING, BY REGION         94

TABLE 32              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS (%)            95

TABLE 33              KEY BUYING CRITERIA, BY APPLICATION                 96

TABLE 34              AUTOMOTIVE TEST EQUIPMENT MARKET, BY EQUIPMENT,

2021–2024 (USD MILLION)            101

TABLE 35              AUTOMOTIVE TEST EQUIPMENT MARKET, BY EQUIPMENT,

2025–2032 (USD MILLION)            101

TABLE 36              ENGINE DYNAMOMETER MARKET, BY REGION, 2021–2024 (USD MILLION)            102

TABLE 37              ENGINE DYNAMOMETER MARKET, BY REGION, 2025–2032 (USD MILLION)            103

TABLE 38              CHASSIS DYNAMOMETER MARKET, BY REGION, 2021–2024 (USD MILLION)            104

TABLE 39              CHASSIS DYNAMOMETER MARKET, BY REGION, 2025–2032 (USD MILLION)            104

TABLE 40              VEHICLE EMISSION TEST SYSTEM MARKET, BY REGION,

2021–2024 (USD MILLION)            105

TABLE 41              VEHICLE EMISSION TEST SYSTEM MARKET, BY REGION,

2025–2032 (USD MILLION)            105

TABLE 42              WHEEL ALIGNMENT TESTER MARKET, BY REGION, 2021–2024 (USD MILLION)          106

TABLE 43              WHEEL ALIGNMENT TESTER MARKET, BY REGION, 2025–2032 (USD MILLION)          106

TABLE 44              TRANSMISSION DYNAMOMETER MARKET, BY REGION, 2021–2024 (USD MILLION)          107

TABLE 45              TRANSMISSION DYNAMOMETER MARKET, BY REGION, 2025–2032 (USD MILLION)          108

TABLE 46              FUEL INJECTOR PUMP TESTER MARKET, BY REGION, 2021–2024 (USD MILLION)          109

TABLE 47              FUEL INJECTOR PUMP TESTER MARKET, BY REGION, 2025–2032 (USD MILLION)          109

TABLE 48              BATTERY TEST EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)          110

TABLE 49              BATTERY TEST EQUIPMENT MARKET, BY REGION, 2025–2032 (USD MILLION)          110

TABLE 50              E-MOTOR TEST EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)          111

TABLE 51              E-MOTOR TEST EQUIPMENT MARKET, BY REGION, 2025–2032 (USD MILLION)          112

TABLE 52              E-AXLE TESTING EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)          112

TABLE 53              E-AXLE TESTING EQUIPMENT MARKET, BY REGION, 2025–2032 (USD MILLION)          113

TABLE 54              EV DRIVETRAIN TEST EQUIPMENT MARKET, BY REGION,

2021–2024 (USD MILLION)            114

TABLE 55              EV DRIVETRAIN TEST EQUIPMENT MARKET, BY REGION,

2025–2032 (USD MILLION)            114

TABLE 56              HARDWARE-IN-THE-LOOP TEST EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   115

TABLE 57              HARDWARE-IN-THE-LOOP TEST EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   115

TABLE 58              VEHICLE CHARGING & HIGH-VOLTAGE TEST EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   116

TABLE 59              VEHICLE CHARGING & HIGH-VOLTAGE TEST EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   116

TABLE 60              OTHER AUTOMOTIVE TEST EQUIPMENT MARKET, BY REGION,

2021–2024 (USD MILLION)            117

TABLE 61              OTHER AUTOMOTIVE TEST EQUIPMENT MARKET, BY REGION,

2025–2032 (USD MILLION)            117

TABLE 62              AUTOMOTIVE TEST EQUIPMENT MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            120

TABLE 63              AUTOMOTIVE TEST EQUIPMENT MARKET, BY APPLICATION,

2025–2032 (USD MILLION)            121

TABLE 64              MOBILE/TABLET-BASED EQUIPMENT, BY REGION, 2021–2024 (USD MILLION)          122

TABLE 65              MOBILE/TABLET-BASED EQUIPMENT, BY REGION, 2025–2032 (USD MILLION)          122

TABLE 66              PC/LAPTOP-BASED EQUIPMENT, BY REGION, 2021–2024 (USD MILLION)            123

TABLE 67              PC/LAPTOP-BASED EQUIPMENT, BY REGION, 2025–2032 (USD MILLION)            124

TABLE 68              TEST EQUIPMENT SPECIFICATIONS: PASSENGER CAR VS. COMMERCIAL VEHICLE      126

TABLE 69              AUTOMOTIVE TEST EQUIPMENT MARKET, BY VEHICLE TYPE,

2021–2024 (USD MILLION)            127

TABLE 70              AUTOMOTIVE TEST EQUIPMENT MARKET, BY VEHICLE TYPE,

2025–2032 (USD MILLION)            127

TABLE 71              PASSENGER CAR TEST EQUIPMENT MARKET, BY REGION,

2021–2024 (USD MILLION)            128

TABLE 72              PASSENGER CAR TEST EQUIPMENT MARKET, BY REGION,

2025–2032 (USD MILLION)            129

TABLE 73              COMMERCIAL VEHICLE TEST EQUIPMENT MARKET, BY REGION,

2021–2024 (USD MILLION)            130

TABLE 74              COMMERCIAL VEHICLE TEST EQUIPMENT MARKET, BY REGION,

2025–2032 (USD MILLION)            130

TABLE 75              AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            133

TABLE 76              AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            134

TABLE 77              ICE TEST EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)            135

TABLE 78              ICE TEST EQUIPMENT MARKET, BY REGION, 2025–2032 (USD MILLION)            135

TABLE 79              EV TEST EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)            136

TABLE 80              EV TEST EQUIPMENT MARKET, BY REGION, 2025–2032 (USD MILLION)            136

TABLE 81              AUTOMOTIVE TEST EQUIPMENT MARKET, BY END MARKET,

2021–2024 (USD MILLION)            139

TABLE 82              AUTOMOTIVE TEST EQUIPMENT MARKET, BY END MARKET,

2025–2032 (USD MILLION)            139

TABLE 83              AUTHORIZED SERVICE CENTER: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   140

TABLE 84              AUTHORIZED SERVICE CENTER: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   140

TABLE 85              OEM ASSEMBLY PLANT: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   141

TABLE 86              OEM ASSEMBLY PLANT: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   141

TABLE 87              R&D/TECHNICAL CENTER: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY REGION, 2021–2024 (USD MILLION)   142

TABLE 88              R&D/TECHNICAL CENTER: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY REGION, 2025–2032 (USD MILLION)   143

TABLE 89              AUTOMOTIVE TEST EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)          152

TABLE 90              AUTOMOTIVE TEST EQUIPMENT MARKET, BY REGION, 2025–2032 (USD MILLION)          152

TABLE 91              ASIA PACIFIC: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY COUNTRY/REGION, 2021–2024 (USD MILLION)            153

TABLE 92              ASIA PACIFIC: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY COUNTRY/REGION, 2025–2032 (USD MILLION)            154

TABLE 93              ASIA PACIFIC: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2021–2024 (USD MILLION)        154

TABLE 94              ASIA PACIFIC: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2025–2032 (USD MILLION)        154

TABLE 95              CHINA: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            158

TABLE 96              CHINA: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            158

TABLE 97              INDIA: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            159

TABLE 98              INDIA: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            159

TABLE 99              JAPAN: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            160

TABLE 100            JAPAN: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            160

TABLE 101            SOUTH KOREA: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2021–2024 (USD MILLION)        161

TABLE 102            SOUTH KOREA: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2025–2032 (USD MILLION)        162

TABLE 103            REST OF ASIA PACIFIC: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2021–2024 (USD MILLION)        163

TABLE 104            REST OF ASIA PACIFIC: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2025–2032 (USD MILLION)        163

TABLE 105            EUROPE: AUTOMOTIVE TEST EQUIPMENT MARKET, BY COUNTRY/REGION,

2021–2024 (USD MILLION)            164

TABLE 106            EUROPE: AUTOMOTIVE TEST EQUIPMENT MARKET, BY COUNTRY/REGION,

2025–2032 (USD MILLION)            165

TABLE 107            EUROPE: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            165

TABLE 108            EUROPE: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            165

TABLE 109            FRANCE: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            170

TABLE 110            FRANCE: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            170

TABLE 111            GERMANY: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2021–2024 (USD MILLION)        171

TABLE 112            GERMANY: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2025–2032 (USD MILLION)        171

TABLE 113            ITALY: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            173

TABLE 114            ITALY: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            173

TABLE 115            SPAIN: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            174

TABLE 116            SPAIN: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            174

TABLE 117            UK: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            175

TABLE 118            UK: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            175

TABLE 119            REST OF EUROPE: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2021–2024 (USD MILLION)        176

TABLE 120            REST OF EUROPE: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2025–2032 (USD MILLION)        176

TABLE 121            NORTH AMERICA: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               178

TABLE 122            NORTH AMERICA: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY COUNTRY, 2025–2032 (USD MILLION)               178

TABLE 123            NORTH AMERICA: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2021–2024 (USD MILLION)        179

TABLE 124            NORTH AMERICA: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY PROPULSION, 2025–2032 (USD MILLION)        179

TABLE 125            CANADA: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            183

TABLE 126            CANADA: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            183

TABLE 127            MEXICO: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            184

TABLE 128            MEXICO: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            184

TABLE 129            US: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            185

TABLE 130            US: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            185

TABLE 131            REST OF THE WORLD: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY COUNTRY, 2021–2024 (USD MILLION)               186

TABLE 132            REST OF THE WORLD: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY COUNTRY, 2025–2032 (USD MILLION)               187

TABLE 133            BRAZIL: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            190

TABLE 134            BRAZIL: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            191

TABLE 135            RUSSIA: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            192

TABLE 136            RUSSIA: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            192

TABLE 137            OTHERS: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2021–2024 (USD MILLION)            193

TABLE 138            OTHERS: AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025–2032 (USD MILLION)            193

TABLE 139            KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025        195

TABLE 140            AUTOMOTIVE TEST EQUIPMENT (MANUFACTURERS) MARKET:

DEGREE OF COMPETITION, 2024               197

TABLE 141            PHINIA INC.: END MARKETS (OEM ASSEMBLY PLANT,

R&D/TECHNICAL CENTER, AUTHORIZED SERVICE CENTER)                 202

TABLE 142            SOFTING AG: END MARKETS (OEM ASSEMBLY PLANT,

R&D/TECHNICAL CENTER, AUTHORIZED SERVICE CENTER)                 202

TABLE 143            ROBERT BOSCH GMBH: END MARKETS (OEM ASSEMBLY PLANT,

R&D/TECHNICAL CENTER, AUTHORIZED SERVICE CENTER)                 203

TABLE 144            HORIBA, LTD.: END MARKETS (OEM ASSEMBLY PLANT,

R&D/TECHNICAL CENTER, AUTHORIZED SERVICE CENTER)                 204

TABLE 145            AVL: END MARKETS (OEM ASSEMBLY PLANT, R&D/TECHNICAL CENTER, AUTHORIZED SERVICE CENTER)                 204

TABLE 146            SIEMENS AG: END MARKETS (OEM ASSEMBLY PLANT,

R&D/TECHNICAL CENTER, AUTHORIZED SERVICE CENTER)                 205

TABLE 147            SCHAEFFLER AG: END MARKETS (OEM ASSEMBLY PLANT,

R&D/TECHNICAL CENTER, AUTHORIZED SERVICE CENTER)                 206

TABLE 148            AUTOMOTIVE TEST EQUIPMENT MARKET: REGION FOOTPRINT     210

TABLE 149            AUTOMOTIVE TEST EQUIPMENT MARKET: EQUIPMENT FOOTPRINT             211

TABLE 150            AUTOMOTIVE TEST EQUIPMENT MARKET: VEHICLE TYPE FOOTPRINT        212

TABLE 151            AUTOMOTIVE TEST EQUIPMENT MARKET: KEY STARTUPS/SMES              215

TABLE 152            AUTOMOTIVE TEST EQUIPMENT MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              216

TABLE 153            AUTOMOTIVE TEST EQUIPMENT MARKET: PRODUCT LAUNCHES/

DEVELOPMENTS JANUARY 2021–JULY 2025           217

TABLE 154            AUTOMOTIVE TEST EQUIPMENT MARKET: DEALS, JANUARY 2021–JULY 2025               219

TABLE 155            AUTOMOTIVE TEST EQUIPMENT MARKET: EXPANSION, JANUARY 2021–JULY 2025    222

TABLE 156            AUTOMOTIVE TEST EQUIPMENT MARKET: OTHER DEVELOPMENTS,

JANUARY 2021–JULY 2025               223

TABLE 157            PHINIA INC.: COMPANY OVERVIEW        224

TABLE 158            PHINIA INC.: PRODUCTS OFFERED         225

TABLE 159            PHINIA INC.: PRODUCT LAUNCHES/DEVELOPMENTS    227

TABLE 160            PHINIA INC.: DEALS        227

TABLE 161            PHINIA INC.: OTHER DEVELOPMENTS  228

TABLE 162            ROBERT BOSCH GMBH: COMPANY OVERVIEW                 229

TABLE 163            ROBERT BOSCH GMBH: PRODUCTS OFFERED                 230

TABLE 164            ROBERT BOSCH GMBH: PRODUCT LAUNCHES/DEVELOPMENTS    231

TABLE 165            HORIBA GROUP: COMPANY OVERVIEW 233

TABLE 166            HORIBA GROUP: PRODUCTS OFFERED 234

TABLE 167            HORIBA GROUP: PRODUCT LAUNCHES/DEVELOPMENTS    237

TABLE 168            HORIBA GROUP: DEALS                238

TABLE 169            HORIBA GROUP: EXPANSION     239

TABLE 170            AVL: COMPANY OVERVIEW         241

TABLE 171            AVL: PRODUCTS OFFERED          241

TABLE 172            AVL: PRODUCT LAUNCHES/DEVELOPMENTS                 244

TABLE 173            AVL: DEALS        245

TABLE 174            AVL: EXPANSION              246

TABLE 175            ILLINOIS TOOL WORKS INC.: COMPANY OVERVIEW          248

TABLE 176            ILLINOIS TOOL WORKS INC.: PRODUCTS OFFERED             249

TABLE 177            ILLINOIS TOOL WORKS INC.: DEALS       250

TABLE 178            ILLINOIS TOOL WORKS INC.: OTHER DEVELOPMENTS              250

TABLE 179            SIEMENS: COMPANY OVERVIEW               252

TABLE 180            SIEMENS: PRODUCTS OFFERED                253

TABLE 181            SIEMENS: PRODUCT LAUNCHES/DEVELOPMENTS    254

TABLE 182            SIEMENS: DEALS               254

TABLE 183            DÜRR GROUP: COMPANY OVERVIEW     255

TABLE 184            DÜRR GROUP: PRODUCTS OFFERED      256

TABLE 185            DÜRR GROUP: DEALS    258

TABLE 186            DÜRR GROUP: EXPANSION         258

TABLE 187            DÜRR GROUP: OTHER DEVELOPMENTS                 259

TABLE 188            CONTINENTAL AG: COMPANY OVERVIEW                 260

TABLE 189            CONTINENTAL AG: PRODUCTS OFFERED                 261

TABLE 190            CONTINENTAL AG: PRODUCT LAUNCHES/DEVELOPMENTS    262

TABLE 191            CONTINENTAL AG: DEALS          263

TABLE 192            CONTINENTAL AG: EXPANSION                263

TABLE 193            CONTINENTAL AG: OTHER DEVELOPMENTS                 264

TABLE 194            VECTOR INFORMATIK GMBH: COMPANY OVERVIEW          265

TABLE 195            VECTOR INFORMATIK GMBH: PRODUCTS OFFERED             265

TABLE 196            VECTOR INFORMATIK GMBH: PRODUCT LAUNCHES/DEVELOPMENTS    266

TABLE 197            VECTOR INFORMATIK GMBH: DEALS     267

TABLE 198            SOFTING AG: COMPANY OVERVIEW       269

TABLE 199            SOFTING AG: PRODUCTS OFFERED        270

TABLE 200            SOFTING AG: OTHER DEVELOPMENTS 272

TABLE 201            MUSTANG ADVANCED ENGINEERING: COMPANY OVERVIEW   273

TABLE 202            MUSTANG ADVANCED ENGINEERING: PRODUCTS OFFERED    273

TABLE 203            MUSTANG ADVANCED ENGINEERING: PRODUCT LAUNCHES/DEVELOPMENTS               275

TABLE 204            MUSTANG ADVANCED ENGINEERING: DEALS                 276

TABLE 205            MUSTANG ADVANCED ENGINEERING: EXPANSION        277

TABLE 206            MUSTANG ADVANCED ENGINEERING: OTHER DEVELOPMENTS              277

TABLE 207            SCHAEFFLER AG: COMPANY OVERVIEW                 279

TABLE 208            SCHAEFFLER AG: PRODUCTS OFFERED 280

TABLE 209            SCHAEFFLER AG: OTHER DEVELOPMENTS                 282

TABLE 210            MAHA MASCHINENBAU HALDENWANG GMBH & CO. KG: COMPANY OVERVIEW               283

TABLE 211            MAHA MASCHINENBAU HALDENWANG GMBH & CO. KG: PRODUCTS OFFERED                283

TABLE 212            MAHA MASCHINENBAU HALDENWANG GMBH & CO. KG: DEALS              286

TABLE 213            MAHA MASCHINENBAU HALDENWANG GMBH & CO. KG: OTHER DEVELOPMENTS         287

TABLE 214            MULLER AUTOMOTIVE: COMPANY OVERVIEW                 288

TABLE 215            MULLER AUTOMOTIVE: PRODUCTS OFFERED                 288

TABLE 216            INTERTEK GROUP PLC: COMPANY OVERVIEW                 292

TABLE 217            TÜV SÜD: COMPANY OVERVIEW               293

TABLE 218            ROHDE & SCHWARZ: COMPANY OVERVIEW                 294

TABLE 219            SINFONIA TECHNOLOGY CO., LTD.: COMPANY OVERVIEW          295

TABLE 220            AMPRO TESTING MACHINES: COMPANY OVERVIEW          296

TABLE 221            AMETEK CTS: COMPANY OVERVIEW      297

TABLE 222            AUTEL INTELLIGENT TECHNOLOGY CORP., LTD.: COMPANY OVERVIEW       298

TABLE 223            NSM INDUSTRIAL SOLUTIONS PVT LTD: COMPANY OVERVIEW   299

TABLE 224            DSA DATEN- UND SYSTEMTECHNIK GMBH: COMPANY OVERVIEW   300

TABLE 225            IPETRONIK GMBH & CO.KG: COMPANY OVERVIEW          301

TABLE 226            HUFF TECHNOLOGIES: COMPANY OVERVIEW                 302

TABLE 227            DYNO ONE INC.: COMPANY OVERVIEW 303

TABLE 228            DRIVE SYSTEM DESIGN: COMPANY OVERVIEW                 304

TABLE 229            ANTHONY BEST DYNAMICS LIMITED: COMPANY OVERVIEW   305

TABLE 230            SAJ TEST PLANT PVT. LTD.: COMPANY OVERVIEW          306

TABLE 231            MAXEYE TECHNOLOGIES: COMPANY OVERVIEW          307

TABLE 232            NATIONAL INSTRUMENTS CORP.: COMPANY OVERVIEW          308

TABLE 233            RISK & IMPACT ASSESSMENT     322

LIST OF FIGURES

FIGURE 1              AUTOMOTIVE TEST EQUIPMENT MARKET OVERVIEW          35

FIGURE 2              AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025 VS. 2032 (USD MILLION)      36

FIGURE 3              AUTOMOTIVE TEST EQUIPMENT MARKET, BY REGION,

2025 VS. 2032 (USD MILLION)      36

FIGURE 4              AUTOMOTIVE TEST EQUIPMENT MARKET, BY EQUIPMENT, 2

025 VS. 2032 (USD MILLION)        37

FIGURE 5              KEY PLAYERS IN AUTOMOTIVE TEST EQUIPMENT MARKET    38

FIGURE 6              RISING INTEGRATION OF ADVANCED TESTING TECHNOLOGIES INTO

EVS TO DRIVE MARKET 39

FIGURE 7              WHEEL ALIGNMENT TESTER SEGMENT TO LEAD MARKET DURING

FORECAST PERIOD         40

FIGURE 8              ICE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD         41

FIGURE 9              PASSENGER CAR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       41

FIGURE 10            R&D/TECHNICAL CENTER SEGMENT TO ACHIEVE HIGHEST GROWTH

DURING FORECAST PERIOD       42

FIGURE 11            PC/LAPTOP-BASED EQUIPMENT SEGMENT TO LEAD MARKET DURING

FORECAST PERIOD         42

FIGURE 12            ASIA PACIFIC TO BE LARGEST MARKET FOR AUTOMOTIVE TEST EQUIPMENT DURING FORECAST PERIOD                 43

FIGURE 13            AUTOMOTIVE TEST EQUIPMENT: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          44

FIGURE 14            SUPPLY CHAIN ANALYSIS             54

FIGURE 15            ECOSYSTEM ANALYSIS  55

FIGURE 16            AUTOMOTIVE TEST EQUIPMENT EXPORTS, BY COUNTRY,

2020–2024 (USD MILLION)            60

FIGURE 17            AUTOMOTIVE TEST EQUIPMENT IMPORTS, BY COUNTRY,

2020–2024 (USD MILLION)            61

FIGURE 18            TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS   62

FIGURE 19            INVESTMENT SCENARIO, 2021–2025         66

FIGURE 20            PATENT APPLICANTS, 2015–2024               71

FIGURE 21            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS    95

FIGURE 22            KEY BUYING CRITERIA, BY APPLICATION                 96

FIGURE 23            AUTOMOTIVE TEST EQUIPMENT MARKET, BY EQUIPMENT,

2025 VS. 2032 (USD MILLION)      100

FIGURE 24            AUTOMOTIVE TEST EQUIPMENT MARKET, BY APPLICATION,

2025 VS. 2032 (USD MILLION)      120

FIGURE 25            AUTOMOTIVE TEST EQUIPMENT MARKET, BY VEHICLE TYPE,

2025 VS. 2032 (USD MILLION)      127

FIGURE 26            AUTOMOTIVE TEST EQUIPMENT MARKET, BY PROPULSION,

2025 VS. 2032 (USD MILLION)      133

FIGURE 27            AUTOMOTIVE TEST EQUIPMENT MARKET, BY END MARKET,

2025 VS. 2032 (USD MILLION)      138

FIGURE 28            AUTOMOTIVE TEST EQUIPMENT MARKET, BY REGION,

2025 VS. 2032 (USD MILLION)      151

FIGURE 29            ASIA PACIFIC: AUTOMOTIVE TEST EQUIPMENT MARKET SNAPSHOT       153

FIGURE 30            ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026      155

FIGURE 31            ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2024–2026              156

FIGURE 32            ASIA PACIFIC: INFLATION RATE AVERAGE CONSUMER PRICES,

BY COUNTRY, 2024–2026                156

FIGURE 33            ASIA PACIFIC: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2024 (USD TRILLION)     157

FIGURE 34            EUROPE: AUTOMOTIVE TEST EQUIPMENT MARKET, 2025 VS. 2032 (USD MILLION)  164

FIGURE 35            EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026      167

FIGURE 36            EUROPE: GDP PER CAPITA, BY COUNTRY, 2024–2026        167

FIGURE 37            EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES,

BY COUNTRY, 2024–2026                168

FIGURE 38            EUROPE: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2024 (USD TRILLION)     168

FIGURE 39            NORTH AMERICA: AUTOMOTIVE TEST EQUIPMENT MARKET SNAPSHOT            178

FIGURE 40            NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026                180

FIGURE 41            NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2024–2026      181

FIGURE 42            NORTH AMERICA: INFLATION RATE AVERAGE CONSUMER PRICES,

BY COUNTRY, 2023–2026                181

FIGURE 43            NORTH AMERICA MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2024 (USD TRILLION)     182

FIGURE 44            REST OF THE WORLD: AUTOMOTIVE TEST EQUIPMENT MARKET,

BY COUNTRY, 2025 VS. 2032 (USD MILLION)        186

FIGURE 45            REST OF THE WORLD: REAL GDP GROWTH RATE, 2025–2026                 188

FIGURE 46            REST OF THE WORLD: GDP PER CAPITA, 2024–2026        188

FIGURE 47            REST OF THE WORLD: INFLATION RATE AVERAGE CONSUMER PRICES, 2024–2026               189

FIGURE 48            REST OF THE WORLD: MANUFACTURING INDUSTRY’S CONTRIBUTION

TO GDP (USD TRILLION)              189

FIGURE 49            AUTOMOTIVE TEST EQUIPMENT (MANUFACTURERS) MARKET:

DEGREE OF COMPETITION, 2024               198

FIGURE 50            REVENUE ANALYSIS OF KEY PLAYERS, 2020−2024 (USD BILLION)           199

FIGURE 51            COMPANY VALUATION OF KEY PLAYERS, 2024                 200

FIGURE 52            FINANCIAL METRICS OF KEY PLAYERS, 2024                 200

FIGURE 53            BRAND/PRODUCT COMPARISON             201

FIGURE 54            AUTOMOTIVE TEST EQUIPMENT MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       208

FIGURE 55            AUTOMOTIVE TEST EQUIPMENT MARKET: COMPANY FOOTPRINT 209

FIGURE 56            AUTOMOTIVE TEST EQUIPMENT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024                 214

FIGURE 57            PHINIA INC.: COMPANY SNAPSHOT        225

FIGURE 58            ROBERT BOSCH GMBH: COMPANY SNAPSHOT                 230

FIGURE 59            HORIBA GROUP: COMPANY SNAPSHOT                 234

FIGURE 60            ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT          248

FIGURE 61            SIEMENS: COMPANY SNAPSHOT               253

FIGURE 62            DÜRR GROUP: COMPANY SNAPSHOT    256

FIGURE 63            CONTINENTAL AG: COMPANY SNAPSHOT                 260

FIGURE 64            SOFTING AG: COMPANY SNAPSHOT       270

FIGURE 65            SCHAEFFLER AG: COMPANY SNAPSHOT                 280

FIGURE 66            RESEARCH DESIGN         312

FIGURE 67            RESEARCH DESIGN MODEL         313

FIGURE 68            INSIGHTS FROM INDUSTRY EXPERTS     316

FIGURE 69            BREAKDOWN OF PRIMARY INTERVIEWS                 317

FIGURE 70            MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              318

FIGURE 71            MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                319

FIGURE 72            DATA TRIANGULATION                320

FIGURE 73            FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES    321