The global chassis dynamometers market is anticipated to be valued at US$ 196.4 Million in 2022, forecast to grow at a CAGR of 2.5% to be valued at US$ 250.9 Million from 2022 to 2032. The growth of the market is attributed to an increase in automation. During the historical period ranging from 2016-2021, the market experienced an upswing at a CAGR of 2%.
Single row rollers and double row rollers are the two categories into which chassis dynamometers are most frequently divided. To diagnose suspension problems, determine torque and horsepower output, adjust the engine, and evaluate vehicle performance, chassis dynamometers are crucial. Chassis dynamometers are frequently chosen in developing countries due to these benefits.
High precision and flexibility are expected to be key factors in the market expansion for chassis dynamometers. A test tool called a chassis dynamometer has a platform with two rollers, a braking system, and software to calculate power output. Both driving input and output, such as torque and power at the wheels, can be provided by it.
The global demand for chassis dynamometers is projected to increase at a CAGR of 2.5% during the forecast period between 2022 and 2032, reaching a total of US$ 250.9 million in 2032, according to a report from Future Market Insights (FMI). From 2016 to 2021, sales witnessed significant growth, registering a CAGR of 2.0%.
The primary factors that are anticipated to restrain the growth of the chassis dynamometer market throughout the analysis period are the risk of incorrect inertia and frequent friction losses. Due to wide variations in inertia weight, some chassis dynamometers may result in incorrect inertia loading of the vehicle. This is anticipated to be a significant factor impeding the market for chassis dynamometers from expanding.
In terms of regional platforms, the chassis dynamometer market is dominated by North America. In 2022, the area is predicted to have a 14% market share.
North America is expected to account for a sizable proportion of the worldwide chassis dynamometer market. The market in the region is expected to increase rapidly in the coming years as consumers become more aware of the advantages of chassis dynamometers over alternative dynamometers.
- SAKOR Technologies, Inc.
- Phoenix Dynamometer Technologies, LLC
- SAJ Tractel Link Engineering Company Milestones
- Triotech Engineering
- Dynomerk Controls
- Ono Sokki India
- Dynaspede Integrated Systems
- Apicom Automation