AUTOMOTIVE POWERTRAIN DYNAMOMETERS MARKET ANALYSIS
Statistics:
Asia Pacific held dominant position in the global automotive powertrain dynamometers market in 2021, accounting for 40.0% share, in terms of value, followed by North America and Europe
Figure 1: Global Automotive Powertrain Dynamometers Market Share (%), By Region, 2021
Among regions, Asia Pacific held dominant position in the global automotive powertrain dynamometers Market in 2021, and is expected to retain its dominance throughout the forecast period. The factor attributed to growth of the automotive powertrain dynamometers market in expanding manufacturing activities in automobile sector is a major driver for market growth in the region. For instance, in 2018, Asia Pacific was pegged at over 37 million units of automobiles production or 42% of the global automobile production market.
Figure 2: Global Automotive Powertrain Dynamometers Market Value (US$ Mn) Analysis and Forecast and Y-o-Y Growth (%), 2017 - 2030
The Global Automotive Powertrain Dynamometers Market was valued at US$ 275.4 Mn in 2021 and is expected to reach US$ 384.5 Mn by 2030 at a CAGR of 4.5% between 2021 and 2030.
Automotive Powertrain Dynamometers Market Report Snapshots
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