Global Powertrain Testing Market Growth (Status and Outlook) 2023-2029

Global Powertrain Testing Market Growth (Status and Outlook) 2023-2029

Powertrain Testing is undergoing radical change, driven by the challenges that global society faces today. The need for reduced dependence on fossil fuels and improved carbon footprints is driving advances in the technologies used in all vehicles. This in turn has a direct impact on approaches to testing of powertrain components and systems.
There are three major areas of powertrain test: Hardware-in-the-loop and Component cells test sub-systems of the Powertrain and normally include simulation of other components that are absent from the test. These are generally focused on the development of hardware systems such as engine/prime-mover/transmission control systems.
Full-Powertrain cells provide a test of the full Powertrain solution, often in combination with a Robot Driver and real-world simulation tools.
In-Vehicle tests allow the full powertrain to be tested in the vehicle, normally with a Robot Driver and again will often use real-world simulation technologies.
LPI (LP Information)' newest research report, the “Powertrain Testing Industry Forecast” looks at past sales and reviews total world Powertrain Testing sales in 2022, providing a comprehensive analysis by region and market sector of projected Powertrain Testing sales for 2023 through 2029. With Powertrain Testing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Powertrain Testing industry.
This Insight Report provides a comprehensive analysis of the global Powertrain Testing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Powertrain Testing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Powertrain Testing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Powertrain Testing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Powertrain Testing.
The global Powertrain Testing market size is projected to grow from US$ 2792.9 million in 2022 to US$ 3897.4 million in 2029; it is expected to grow at a CAGR of 4.9% from 2023 to 2029.
The major players in global Powertrain Testing market include AVL, FEV, IAV, etc. The top 3 players occupy about 40% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 65% of the global market. Engine Test and Gearbox Test are main types, with a share about 45%. Components Manufacturers is the main application, which holds a share about 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Powertrain Testing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Engine Test
Gearbox Test
Turbocharger Test
Powertrain Final Test
HEV/EV Test
Segmentation by application
Components Manufacturers
Automotive Manufacturers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AVL
FEV
IAV
AKKA Technologies
ThyssenKrupp
CAERI
APL Group
Horiba
Applus+IDIADA
Element
Intertek
TÜV SÜD Group
KST
Ricardo
Atesteo
Linamar
ISP Salzbergen GmbH
Millbrook
W-Ibeda High Tech

Please note: The report will take approximately 2 business days to prepare and deliver.