Global Automotive Emission Analyzer Market Trends, Applications, Analysis, Growth, and Forecast to 2028
“Global Automotive Emission Analyzer Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global automotive emission analyzer market report has been segmented on the basis of solution, engine type, and region.
Global Automotive Emission Analyzer Market: Overview
Automotive emission analyzer is also known as automotive exhaust gas analyzer or exhaust carbon emission analyzer, is an instrument which measures emitting carbon monoxide (CO), hydrocarbon (HC), and nitrogen oxide (NO), among other gases from the engine. The analyzer also consists of a temperature sensor, which provides temperature information and rpm to the user to start its operation.
Global Automotive Emission Analyzer Market: Dynamics
Growing demand for advancements in automobiles along with raising concerns and awareness regarding emissions caused by vehicle is projected to drive revenue growth of target market. In addition, advancements in emission analyzer to measure particulate content on roads emitted from various vehicles, are also playing a vital role in the development of the target market. Furthermore, increasing R&D activities related to vehicle emission diagnostic systems and portable emission measurement systems (PEMS), rising safety concern, and focus to reduce releases of greenhouse gases are some factors expected to boost demand for the emission analyzers, which is expected to fuel growth of the global market. In May 2018, Japan-based Horiba Ltd developed a smart emission measurement system (SEMS) to collect and analyze emission data. Moreover, governments rules and regulations with an aim to limit or reduce hazardous releases from vehicles in developing as well as developed countries are major factors anticipated to drive revenue growth of the global market. For instance, the European Union has stated stringent norms for vehicles such as the implementation of China 6, Euro 6/VI standard, and Bharat Stage 6 emission norms to control vehicular emissions. However, shifting preference towards electric vehicles and huge investment in specialized equipment may hamper demand for automotive emission analyzer.
Global Automotive Emission Analyzer Market: Segment Analysis
Among the solution segments, the emission test equipment segments are anticipated to account for higher revenue shares in the global market.
Among the engine type segments, the opacity meters/smoke meters segment is estimated to account significant revenue share in the global market and is expected to maintain its dominance over the forecast period.
Global Automotive Emission Analyzer Market: Region Analysis
Geographically, the market in the Asia Pacific is projected to account for a significant share in terms of revenue in the global market. This is attributed to increasing demand for automobiles, rapid urbanization, and introduction and implementation of numerous initiatives. In addition, high investments in R&D activities along with a rising focus on safety and comfort in countries in the region. Moreover, Economic growth in developing countries such as India, China, and South Korea is one of the major factors driving the demand for automotive emission analyzers.
The market in North America and Europe is estimated to show leading revenue share, owing to wide adoption of vehicle emission devices and equipment, along with stringent rules, norms and regulations. Moreover, the presence of a large number of market players, OEMs, software developers, and service providers, giving a new way for growth of the target market.
Global Automotive Emission Analyzer Market Segmentation:
Segmentation by Solution:
- Emission Test Equipment
- Emission Test Software
- Emission Test Services
Segmentation by Engine Type:
- Opacity Meters/Smoke Meters
- Other Vehicle Emission Test Equipment
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Opus Inspection, Inc.
- Gemco Equipment Ltd
- TÜV Nord Group
- HORIBA, Ltd.
- Applus Services
- SGS SA
- AVL LIST GmbH
- TEXA S.p.A.
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