LAMEA 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 Latin America, Middle East and Africa Automotive Emission Test Equipment Market would witness market growth of 7.3% CAGR during the forecast period (2021-2027).
The development of multiple types of transportation, as well as the transportation sector's consequent reliance on fuels such as alternative fuels and liquid-mineral fuels, is predicted to increase greenhouse gas and harmful particulate matter concentrations in the environment. The increasing quantities of gases and particulates generated by vehicles needs control, monitoring, and regulation, are increasing the importance of using vehicle emission testing systems, which is propelling the automotive emission test equipment market.
Growing usage of opacity meters in inspection and maintenance programmes is expected to augment the growth of the market. Portable emission measurement systems (PEMS), which are utilised to measure any form of particle material generated on highways from various vehicle exhaust systems are playing an important role in the expansion of the market.
With the increase in these initiatives across various nations of the region, manufacturers of automotive and other authorities are increasingly adopting efficient automotive emission test equipment to reduce the overall emissions of the vehicle as well as bring down the emission level of the environment. Thus, the demand and growth of automotive emission test equipment market would witness a surge in the coming years.
The Brazil market dominated the LAMEA Automotive Emission Test Equipment Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $15.9 million by 2027. The Argentina market would exhibit a CAGR of 7.8% during (2021 - 2027). Additionally, The UAE market is experiencing a CAGR of 7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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