Market Overview

The global automotive dyno market is expected to grow at a CAGR of 3.5% from 2021 to 2028. Automotive dyno, also known as a dynamometer, is a device used to measure torque, power, and rotational speed of an engine. Dyno testing is crucial for assessing the performance of an engine, diagnosing problems, and optimizing the vehicle’s overall performance. As the automotive industry continues to evolve and adopt new technologies, the demand for advanced dyno testing equipment is increasing.

Meaning

Automotive dyno testing involves running an engine on a dynamometer to measure its performance. The dyno simulates various road conditions and tests the engine under different load conditions. Dyno testing is used to evaluate the engine’s horsepower, torque, and overall performance. It is also used to diagnose engine problems and optimize the engine’s performance by tuning it for maximum power output.

Executive Summary

The global automotive dyno market is expected to grow steadily over the next few years, driven by the increasing demand for advanced dyno testing equipment. The market is highly competitive, with several established players dominating the market. The key players in the market are investing heavily in R&D to develop new and advanced dyno testing equipment that can meet the evolving needs of the automotive industry.

Important Note: The companies listed in the image above are for reference only. The final study will cover 18–20 key players in this market, and the list can be adjusted based on our client’s requirements.

Key Market Insights

• The global automotive dyno market is expected to grow at a CAGR of 3.5% from 2021 to 2028.
• The market is highly competitive, with several established players dominating the market.
• The key players in the market are investing heavily in R&D to develop new and advanced dyno testing equipment that can meet the evolving needs of the automotive industry.
• Dyno testing is crucial for assessing the performance of an engine, diagnosing problems, and optimizing the vehicle’s overall performance.
• The demand for advanced dyno testing equipment is increasing as the automotive industry continues to evolve and adopt new technologies.

Market Drivers

1. Growing demand for advanced engine testing equipment: The demand for advanced dyno testing equipment is increasing as the automotive industry continues to adopt new technologies. Automakers are looking for ways to optimize engine performance and reduce emissions, and dyno testing is crucial for achieving these goals.
2. Increasing demand for high-performance vehicles: The demand for high-performance vehicles is increasing, and automakers are focusing on developing engines that can deliver maximum power output. Dyno testing is crucial for evaluating the performance of these engines and optimizing them for maximum power output.
3. Rising awareness about the benefits of dyno testing: The benefits of dyno testing are becoming more widely recognized, and automakers are increasingly adopting dyno testing as a standard practice for evaluating engine performance.

Market Restraints

1. High cost of dyno testing equipment: Dyno testing equipment can be expensive, which can be a significant barrier to entry for small and medium-sized businesses.
2. Lack of skilled professionals: Dyno testing requires skilled professionals who can operate and interpret the results of the testing equipment. The shortage of skilled professionals can be a significant challenge for the market.

Market Opportunities

1. Growing demand for electric vehicles: The increasing demand for electric vehicles presents a significant opportunity for the dyno testing market. Electric vehicles require specialized dyno testing equipment to evaluate their performance, and the demand for this equipment is expected to grow as the market for electric vehicles continues to expand.
2. Increasing adoption of automation in the automotive industry: The increasing adoption of automation in the automotive industry is creating new opportunities for the dyno testing market. Automated dyno testing equipment can help automakers optimize engine performance more efficiently and cost-effectively.

Market Dynamics

The global automotive dyno market is highly competitive, with several established players dominating the market. The key players in the market are investing heavily in R&D to develop new and advanced dyno testing equipment that can meet the evolving needs of the automotive industry. The market is also characterized by the presence of several smaller players who offer niche products and services. The market is expected to continue to grow steadily over the next few years, driven by the increasing demand for advanced dyno testing equipment.

Regional Analysis

The global automotive dyno market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region is expected to dominate the market over the next few years, driven by the increasing demand for advanced engine testing equipment in countries such as China, Japan, and India. The North American and European markets are also expected to grow steadily, driven by the increasing demand for high-performance vehicles and the growing adoption of automation in the automotive industry.

Competitive Landscape

Leading Companies in the Global Automotive Dyno Market:

1. HORIBA, Ltd.
2. AVL List GmbH
3. MAHA Maschinenbau Haldenwang GmbH & Co. KG
4. SuperFlow Corporation
5. Meidensha Corporation
6. Power Test, Inc.
7. SAKOR Technologies, Inc.
8. Power Test Dynamometers
9. Taylor Dynamometer, Inc.
10. Dynomite Dynamometer Ltd.

Please note: This is a preliminary list; the final study will feature 18–20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.

Segmentation

The global automotive dyno market is segmented by type, application, and region. By type, the market is segmented into engine dyno, chassis dyno, and others. By application, the market is segmented into automotive OEMs, automotive aftermarket, and others.

Category-wise Insights

By type, the engine dyno segment is expected to dominate the market over the next few years, driven by the increasing demand for advanced engine testing equipment. By application, the automotive OEMs segment is expected to dominate the market, driven by the increasing demand for advanced dyno testing equipment in the manufacturing process.

Key Benefits for Industry Participants and Stakeholders

Industry participants and stakeholders in the global automotive dyno market can benefit from the growing demand for advanced dyno testing equipment. The increasing adoption of automation in the automotive industry and the growing demand for high-performance vehicles present significant opportunities for the market. The key players in the market are investing heavily in R&D to develop new and advanced dyno testing equipment that can meet the evolving needs of the automotive industry. This presents an opportunity for smaller players to offer niche products and services and compete in the market.

SWOT Analysis

Strengths:

• Growing demand for advanced engine testing equipment
• Increasing demand for high-performance vehicles
• Rising awareness about the benefits of dyno testing

Weaknesses:

• High cost of dyno testing equipment
• Lack of skilled professionals

Opportunities:

• Growing demand for electric vehicles
• Increasing adoption of automation in the automotive industry

Threats:

• Intense competition in the market
• Economic slowdowns and market uncertainties

Market Key Trends

1. Growing adoption of automation in the automotive industry
2. Increasing demand for electric vehicles
3. Rising demand for high-performance vehicles
4. Growing awareness about the benefits of dyno testing

Covid-19 Impact

The Covid-19 pandemic has had a significant impact on the global automotive dyno market. The pandemic has disrupted supply chains, caused economic slowdowns, and affected consumer behavior. However, the market is expected to recover steadily over the next few years as the global economy recovers and the automotive industry adapts to the new normal.

Key Industry Developments

In recent years, the key players in the global automotive dyno market have made significant investments in R&D to develop new and advanced dyno testing equipment. For example, in 2019, HORIBA Ltd. launched a new engine testing system called MEXA-ONE. The system is designed to measure the emissions of internal combustion engines accurately and efficiently. Similarly, in 2020, AVL List GmbH launched a new chassis dyno called the AVL DynoULTRA. The dyno is designed to provide accurate and reliable results while minimizing test time and reducing emissions.

Analyst Suggestions

Analysts suggest that the key players in the global automotive dyno market should continue to invest in R&D to develop new and advanced dyno testing equipment that can meet the evolving needs of the automotive industry. They also suggest that smaller players in the market should focus on offering niche products and services to compete in the market. Additionally, they suggest that the industry should work to address the shortage of skilled professionals in the dyno testing industry.

Future Outlook

The global automotive dyno market is expected to grow steadily over the next few years, driven by the increasing demand for advanced dyno testing equipment. The market is highly competitive, with several established players dominating the market. However, the market also presents opportunities for smaller players to offer niche products and services. The increasing adoption of automation in the automotive industry and the growing demand for electric vehicles present significant opportunities for the market.

Conclusion

The global automotive dyno market is an important segment of the automotive industry. Dyno testing is crucial for assessing the performance of an engine, diagnosing problems, and optimizing the vehicle’s overall performance. The market is highly competitive, with several established players dominating the market. The key players in the market are investing heavily in R&D to develop new and advanced dyno testing equipment that can meet the evolving needs of the automotive industry. The market is expected to grow steadily over the next few years, driven by the increasing demand for advanced dyno testing equipment. The increasing adoption of automation in the automotive industry and the growing demand for electric vehicles present significant opportunities for the market.