According to study, “Global Powertrain Testing Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” some of the key companies currently operating in global powertrain testing market areAKKA Technologies, FEV, Ricardo, Horiba, ThyssenKrupp, Applus+ IDIADA, Atesteo, MAE, Intertek, IBAG, IAV, A&D, FAKT, IFP, CRITT M2A, KST, CSA Group.
The powertrain is musculature system that contains the main components which produce power & deliver it to the road surface, air or water. This includes engine, drive shafts, transmission, differentials, and final drive (drive wheels, caterpillar tractors & propeller). In addition, the electric motor, battery, and control algorithm are some of the elements used as a powertrain the hybrid powertrains. The powertrain testing broadly includes components which are used for transforming the stored (chemical, nuclear, solar, kinetic &potential, etc) energy into kinetic energy for the propulsion reasons. It also includes the utilization of powertrain testing multiple power sources & non–wheel-based vehicles. The full powertrain cell offers full Powertrain solution used in grouping with a robot driver & real-world simulation tools. The powertrain testing is performed to study powertrain endurance, powertrain verification, powertrain performance, noise, vibrations, and harshness (NVH), drivability assessment and emission development. The power train testing includes component cells test sub-systems, hardware-in-the-loop and simulation of other components which are absent from the test are normally focused on the expansion of hardware systems includes engine/prime-mover/transmission control systems.
Based on product type, global powertrain testing market is segmented into engine test, turbocharger test, gearbox test and powertrain final test. Based on vehicle type, market is divided into passenger cars, heavy commercial vehicles, and light commercial vehicles. Based on drive type, market is segmented into Rear Wheel Drive (RWD) powertrain, Front Wheel Drive (FWD) powertrain, and All Wheel Drive (AWD) powertrain. Based on application, market is segmented into automotive manufacturers, components manufacturers and others.
The global powertrain testing market is primarily driven by increase in research & development (R&D) activities followed by the factors associated with the powertrain testing including increase in consumer base, increase in technological advancement, cold & hot engine tests conducted to examine complete engine performance, and the government’s implementation for upgrading new emission norms. Apart from the major benefits, the factors hindering the market include high set up cost of testing services, followed cost of powertrain testing machines. The global powertrain testing market is driven by the advancements of high-performance computing devicesto reduce need for physical powertrain testing, increasing demand for electric and hybrid vehicles and development of engine torque pulsation simulation dynamometer.
Globally, various companies operating in the powertrain testing industry impacted by the giant multinational companies in the market, concentration of global market is relatively high. The global powertrain testing market is anticipated to grow at a CAGR of approximately 4.8% over the next five years, will reach US $3820 million in 2024, from US $2,880 million in 2019. Over the forecast period it is expected that the market to grow owing to rise above the consumer base & governments’ enforcements for the improvement to form the newer emission norms over the forecast period.
For more information on the research report, refer to below link:
Global Powertrain Testing Market 2019
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