Automotive Chassis Dynamometer Market Projected to Reach $0.25 Billion by 2029 with AWHO and IoT Integration Trends
21 Jan, 2025
What has been the Tracking Progress of the Automotive Chassis Dynamometer Market Size?
The Automotive Chassis Dynamometer Market has shown a steady growth trajectory over the past years.
• The market size grew from $0.21 billion in 2024 to $0.21 billion in 2025, registering a CAGR of 2.8%.
This progression is attributed to heightened urbanization and congestion in cities, increasing consumer awareness, rising disposable income, and robust economic growth in emerging markets.
What is the Expected Growth and Key Influencers of the Automotive Chassis Dynamometer Market?
The automotive chassis dynamometer market is forecasted to maintain a consistent growth rate in the coming years.
• The market is projected to reach $0.25 billion in 2029, with a CAGR of 3.9%.
The significant drivers of this growth include rising population density, utilization of automation and digitalization in rolling stock, sustainable energy integration, and increased connectivity and IoT integration. Market trends include all-wheel drive (AWD) dynamometer testing, integration with vehicle dynamics control systems, portable and modular dynamometer designs, and increased emphasis on emissions testing.
What are the Key Factors Driving the Growth of the Automotive Chassis Dynamometer Market?
The escalating manufacturing of automobiles is expected to drive the automotive chassis dynamometer market. Automotive chassis dynamometers are utilized to measure torque and analyze several vehicle performance indicators, such as suspension issues, environmental performance, emission performance. The rise in automobile manufacturing, for instance, car manufacturing in India reaching 30.82 lakh units in 2021, up from 24.33 lakh units in 2020, is anticipated to generate high demand for this test equipment.
How is the Automotive Chassis Dynamometer Market Segmented?
The automotive chassis dynamometer market covered in this report is segmented as follows -
1) By Product Type: Single Roller, Multi Roller
2) By Drive Type: All Wheel Drive Dyno, Two Wheel Drive Dyno
3) By Application: Light Commercial Vehicle, Heavy Commercial Vehicle, Passenger Vehicle, Racing Vehicle
What trends are playing a key role in the Automotive Chassis Dynamometer Market?
The surge in mobile and portable chassis dynamometers is a key trend in the automotive chassis dynamometer market. Portable dynamometers present users the alternative to conduct environmental testing under real-world conditions. For example, in May 2022, Mustang Dynamometer launched the MD-SXS/UTV chassis dynamometer, catering specifically to the power motorsport market.
Who are the Key Players in the Automotive Chassis Dynamometer Market?
Key players in the automotive chassis dynamometer market include:
• Mustang Dynamometer
• Ono Sokki Co. Ltd.
• Sierra Instruments Inc.
• Rototest Ab
• Saj Test Plant Pvt Ltd.
• Kratzer Automation AG
• Horiba Ltd.
• Meidensha Corporation
What is the Dominant Region in the Automotive Chassis Dynamometer Market?
Asia-Pacific was the largest region in the automotive chassis dynamometer market in 2024. The regions covered in the automotive chassis dynamometer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.