Automotive Testing Market 2024 Highlights on Future Development, Top Trends and Leading Players Analysis to 2031
Automotive testing encompasses subjecting complete vehicles, components, and systems to a series of laboratory, virtual, and real-world tests to ensure safety, reliability, and compliance with safety regulations.
In terms of vertical, the passenger car segment is projected to dominate the automotive testing market during the forecast period. This growth is attributed to the increasing purchasing power of customers and the growing demand for passenger vehicles in India. With the sales volume of passenger vehicles significantly surpassing that of commercial vehicles, the passenger car segment leads the market segmentation.
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Market Dynamics :
The escalating integration of electronic components in vehicles is noteworthy.
India grapples with a significant road safety challenge, ranking highest globally in road accident fatalities. According to recent data from the Ministry of Road Transport and Highways (MoRTH), over 4.5 lakh road accidents occurred in 2019, resulting in more than 1.5 lakh fatalities.
While various factors contribute to these accidents, attention has been drawn to the substandard quality of vehicles sold in India. Independent assessments by the Global NCAP (New Car Assessment Program) revealed that popular models sold in India received below-average ratings in crash tests due to insufficient safety features and inferior build quality.
In response, the Government of India introduced new vehicle safety regulations mandating the incorporation of safety features such as ABS and ESP in all new vehicles sold in the country since April 2019. Additionally, supplementary regulations require vehicles to undergo regular crash testing in line with UN standards. Dual airbags became mandatory from 1st April 2021, with a minimum of six airbags required starting from 1st October 2022. Further legislation to enhance vehicle safety is currently under consideration.
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Market Segmentation :
By Product Type : Engine Dynamometer, Wheel Alignment Tester, Chassis Dynamometer, Vehicle Emission Tester.
By Application : Passenger Vehicle, Commercial Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle.
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Competitive Landscape
SGS SA, Intertek Group Plc, Robert Bosch Gmbh, Anritsu, Siemens AG, D&V Electronics, TÜV RHEINLAND, Dekra, UL Solutions, Rohde & Schwarz GmbH & Co KG, Element and AVL List GmbH.
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India Automotive Testing Market : https://www.datamintelligence.com/research-report/india-automotive-testing-market
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