Press release
Automotive Powertrain Testing Market Business Development Analysis to 2024 - A&D Company, Limited, AKKA Technologies SE, ATESTEO GmbH, ATS Automation Tooling Systems, Inc., AVL Powertrain Engineering, Inc
The global automotive powertrain testing market is expected to grow from USD 9.26 billion 2017 to USD 18.06 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 10.01%.The factors attributing to the growth of the market are high investments in the r&d activities and testing, regulation enforcement and safety standards, and automatic transmission vehicles to drive the market for transmission testing. However, some factors such as and capital-intensive nature of testing facilities and equipment for powertrain testing may hinder the market growth.
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The key players profiled in the global automotive powertrain testing market are A&D Company, Limited, AKKA Technologies SE, ATESTEO GmbH, ATS Automation Tooling Systems, Inc., AVL Powertrain Engineering, Inc., Applus+ IDIADA SA, Cosworth Ltd., FEV Europe GmbH, HORIBA MIRA Ltd., IAV Automotive Engineering Inc., Intertek Group PLC., Mustang Advanced Engineering, Redviking Group, LLC., Ricardo, Inc., and ThyssenKrupp System Engineering GmbH.
The global automotive powertrain testing market is expected to showcase the opportunities such as and emergence of computer and it-enabled future powertrain testing systems. In the near future, the market may face the possible challenges in the growth due to and necessity of innovation and short development cycles. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global automotive powertrain testing market market.
“High investments in the R&D activities and testingis one of the factors largely attributing to the growth of automotive powertrain testing market globally”
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On the basis of type, the global automotive powertrain testing market is studied across Corrosion Testing, Dynamics Testing, Fatigue Testing, Hydraulics Testing, Mechanical Testing, and Metallurgical Testing.
On the basis of geography, the global automotive powertrain testing market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“A&D Company, Limited: The potential growing player for the global automotive powertrain testing market”
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global automotive powertrain testing market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global automotive powertrain testing market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global automotive powertrain testing market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global automotive powertrain testing market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global automotive powertrain testing market.
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