In the last several years, the global automotive testing equipment market enjoyed a fast develop speed, with an average production growth rate about 5.88%. In 2017, the global automotive testing equipment market is 794 million USD and the actual sales may be 36.5 K units.
In the next several years, the development of global automotive testing equipment production may still fast without special circumstances. The global automotive testing equipment production is expected to be 68.3 K units in 2025, at value of 1.30 billion USD.
In the consumption market, Europe and North America are also the largest markets, due to developed automotive industries and mature automotive market. With fast growing of automotive production and more and more manufacturers building plants in China, China is becoming a more and more important market.
Segmented by the product type, Chassis Dynamometer represent more than half market in 2017. followed Chassis Dynamometer, Engine Dynamometer market account for nearly 25% in 2017.