Europe Automotive Emission Test Equipment Market 2023-2030
MARKET OUTLOOK
Triton Market Research’s report denotes that Europe automotive emission test equipment market will display a compound annual growth rate of 5.27% in revenue during 2023-2030. Germany, Italy, the United Kingdom, Spain, France, and the Rest of Europe are considered in the region.
The French market is estimated to witness steady growth owing to stringent regulations pertaining to emissions. Moreover, it is a highly regulated market dominated by a few players, including Bureau Veritas. These players offer various services, including vehicle emission testing, certification, environmental impact assessments, and air quality monitoring. These benefits have influenced automakers to adopt automotive emission test equipment to comply with emission laws. Therefore, government measures to fuel the expansion of the studied market across France.
On the other hand, the demand for emission testing systems is likely to soar in the coming years across Italy. The rising focus on environmental protections and stringent emission norms will fuel this growth. The market is also expected to be driven by the emergence of new technologies in vehicles, elevating the demand for advanced testing equipment. Further, the growing government focus on offering testing services by establishing centers will support the automotive emission test equipment market’s development.
COMPETITIVE OUTLOOK
ABB Ltd, Gemco Equipment Ltd, TÜV SÜD, Wager Company, CPS Products Inc, Hella Gutmann Solutions GmbH, and Premier Diagnostics are prominent firms in the automotive emission test equipment market.
1. Europe Automotive Emission Test Equipment Market - Summary
2. Market Outlook
2.1. Impact Analysis On The Automotive Emission Test Equipment Market
2.1.1. Covid-19 Impact
2.1.2. Ukraine-russia War Impact
2.2. Porter’s Five Forces Analysis
2.2.1. Threat Of New Entrants
2.2.2. Threat Of Substitute S
2.2.3. Bargaining Power Of Buyers
2.2.4. Bargaining Power Of Suppliers
2.2.5. Threat Of Competitive Rivalry
2.3. Market Maturity Analysis
2.4. Regulatory Framework
2.5. Key Market Strategies
2.5.1. Collaborations
2.5.2. Product Launches
2.5.3. Mergers & Acquisitions
2.5.4. Business Divestitures & Expansions
2.6. Market Drivers
2.6.1. Strict Government Legislations To Decrease Vehicular Emissions
2.6.2. Directive For Usage Of Opacity Meters And Periodic Technical Inspection (Pti) Programs
2.7. Market Challenges
2.7.1. Lack Of Compliance With Emission Norms
2.7.2. Reduced Demand Due To Electric Vehicle Adoption
2.8. Market Opportunities
2.8.1. Implementation Of Advanced Technologies In Automotive
2.8.2. Rising Remote Emission Testing
2.9. Analyst Perspective
3. Europe Automotive Emission Test Equipment Market – By Solution
3.1. Emission Test Equipment/Component/Hardware
3.2. Emission Test Software
3.3. Emission Test Service
4. Europe Automotive Emission Test Equipment Market – By Application
4.1. Periodic Testing Inspections
4.2. Inspection & Maintenance
4.3. Centralized Inspection
4.4. Other Applications
5. Europe Automotive Emission Test Equipment Market – By Vehicle Type
5.1. Passenger Cars
5.2. Heavy Duty Trucks & Buses
5.3. Light-duty Trucks
5.4. Other Vehicles
6. Europe Automotive Emission Test Equipment Market – By Country Outlook
6.1. Country Analysis
6.1.1. United Kingdom
6.1.1.1. United Kingdom Automotive Emission Test Equipment Market Forecast & Prospects
6.1.2. Germany
6.1.2.1. Germany Automotive Emission Test Equipment Market Forecast & Prospects
6.1.3. France
6.1.3.1. France Automotive Emission Test Equipment Market Forecast & Prospects
6.1.4. Italy
6.1.4.1. Italy Automotive Emission Test Equipment Market Forecast & Prospects
6.1.5. Spain
6.1.5.1. Spain Automotive Emission Test Equipment Market Forecast & Prospects