According to the latest report from the IMARC group, entitled “Automotive Dyno Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026”, the Global automotive dyno market reached a worth US $ 833.6 million in 2020. Looking ahead, IMARC Group expects the global automotive dyno market to show moderate growth in the period 2021-2026.
A dynamometer, also known as a dyno, is a load device that measures the power output of an engine. This includes mechanical parameters, such as force, power, speed, rotational speed (RPM) and torque of the vehicle. A dynamometer is assembled using several components, such as a shaft with bearings, a speed sensor, a resistance surface, a strain gauge, and a resistance mechanism in a freely rotating housing. It is mainly used in the automotive industry to record emissions, fuel consumption, rotational speed, roller acceleration, and resistance generated by electromagnetic brakes. Apart from this, it also finds application in the calculation of Exhaust Gas Temperature (EGT), Manifold Absolute Pressure (MAP) and Air / Fuel Ratio (AFR).
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Global Automotive Dynamometers Market Trends:
Due to rapid urbanization, industrialization and the rise of the automotive industry, the overall sales of automobiles around the world for daily commuting and freight transportation are increasing. This, along with the growing demand for automotive restoration and refurbishment, is driving the growth of the automotive dyno market.
Another major growth driver is the increasing applicability of dynamometers in various industries, such as aerospace, aviation and marine, which require equipment to ensure maximum efficiency of ship engines. In addition, technological innovations, including the development of an Engine Torque Pulsation Simulation (ETPS) dynamometer, and the availability of automation procedures, such as the engine mount test bench and the detection of crankshaft angle position, are expected to further propel the market growth.
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Global Automotive Dyno Market Analysis and Segmentation 2021-2026:
Some of the major key players operating in the industry include:
Market breakdown by type of product:
Market breakdown by application:
Market breakdown by region:
Highlights of the report:
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