Asia Pacific Automotive Emission Test Equipment Market Size, Share & Industry Trends Analysis Report By Solution, By Emission Test Equipment Type, By Country, Historical Data and Growth Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Automotive Emission Test Equipment Market would witness market growth of 4.8% CAGR during the forecast period (2021-2027).
Portable emission measuring systems (PEMS), which are used to measure any type of particulate material generated on highways from various vehicle exhaust systems, are also contributing to the market's expansion. A portable emissions measurement system (PEMS) is a vehicle emissions testing instrument that is small and light enough to be carried inside or moved with a motor vehicle that is being driven during the testing, rather than on the stationary rollers of a dynamometer.
Microprocessor-based device of high quality combines optical precision with a sturdy design for extended and trouble-free operation. The equipment can be used to determine the opacity of diesel smoke created by a diesel vehicle. A revolutionary product that utilises cutting-edge world technology, the Vibration & Sound type RPM Sensor; makes it easy to carry out testing of diesel automobiles.
The rising disposable income of the consumers across this region is enabling them to spend money on automobiles and hence, contribute demand for automotive emission test equipment in the region. According to figures released by the OICA in 2018, Asia Pacific countries such as China, Japan, and India account for more than 30% of worldwide vehicle sales. Furthermore, growing urbanization and rising consumer spending power in the region are propelling the adoption of automobile emission control devices in Asia Pacific.
The China market dominated the Asia Pacific Automotive Emission Test Equipment Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $74.7 million by 2027. The Japan market is anticipated to grow a CAGR of 4.2% during (2021 - 2027). Additionally, The India market would experience a CAGR of 5.4% during (2021 - 2027).
Based on Solution, the market is segmented into Emission Test Equipment, Emission Test Software and Emission Test Services. Based on Emission Test Equipment Type, the market is segmented into Opacity Meters/Smoke Meters and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Softing AG, Continental AG, Robert Bosch GmbH, Siemens AG, Honeywell International, Inc., ABB Group, BorgWarner, Inc., SGS S.A., Horiba Ltd., and Vector Informatik GmbH.
Scope of the Study
Market Segments Covered in the Report:
- Emission Test Equipment
- Emission Test Software and
- Emission Test Services
By Emission Test Equipment Type
- Opacity Meters/Smoke Meters
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Softing AG
- Continental AG
- Robert Bosch GmbH
- Siemens AG
- Honeywell International, Inc.
- ABB Group
- BorgWarner, Inc.
- SGS S.A.
- Horiba Ltd.
- Vector Informatik GmbH
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