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One of the major reasons for high adoption of automotive wind tunnel is the robust growth in the passenger car production globally. The global passenger car production has grown at a CAGR of 3.8% in the last five years to reach 72.1 Mn units in 2016 according to the International Organization of Motor Vehicle Manufacturers. Supported by the large, growing vehicle consumers, this growth rate is expected to be double by 2025. The Wind tunnels offers a platform to test the aerodynamic performance of a car which helps to reduce fuel consumption and vehicle pollution. Taken together, the significant value contribution of Wind tunnels per vehicle and robust growth in vehicle production.
The car application is expected to witness a rapid growth and drive the growth of automotive wind tunnel market. The key players profiled in the report are A2 Wind Tunnel, AUDI AG, Auto Research Center, DNW< FKFS. HORIBA MIRA Ltd, MAHLE GmbH, Mercedes Benz, Mitsubishi Heavy Industries Ltd., and RUAG Holding AG.
The automotive wind tunnel offers two types of testing for the vehicles, which are model scale testing and full-scale testing. Asian countries such as India, China, Japan, and Korea are providing significant opportunities for the growth of the automotive wind tunnel market. Growing urbanization and increasing disposable income of the population is leading to increasing demand for vehicles in several regions. This is leading to high production of the vehicles. For providing a better product in the market, the automobile manufacturers are increasing demanding for automotive wind tunnels for the testing purpose and improving performance and efficiency of the vehicles.
Also, less air resistance help reduce emissions and increase fuel efficiency along with engines’ power output, generally by bringing down the engine size. Various emission standards set up by governments and various organizations, such as EURO 6 in European Union, Environment Protection Agency (EPA) in North America, and Bharat Stage Emission Standards in India, have led toward compliance to these standards by vehicle manufacturers in their respective regions. All these standards focus on lower the emission of carbon dioxide (CO2), nitrogen monoxide (NOx), particulate matter (PM), and nonmethane hydrocarbons (NMHC) among others. The aforementioned standards of emission have led to the invention of new technologies aiming to reduce the emission of these harmful gasses from vehicles’ combustion engine.
The only factor that can act as a restraint in the growth of the Automotive Wind Tunnel Market is the high capital requirement for offering high-end manufacturing capabilities. As the capital required for maintaining such production standards is high, only few players can fulfill the demands of OEMs, restraining the Automotive Wind Tunnel market growth.
The report segments the global Automotive Wind Tunnel market as follows:
Global Automotive Wind Tunnel Market - By Design Type Closed Circuit Open Circuit
Global Automotive Wind Tunnel Market - By Testing Type Model Scale Testing Full Scale Testing
Global Automotive Wind Tunnel Market - By Component Type Drive Motor Compressor Acoustic Muffler Air Dryer & Nozzle Others
Global Automotive Wind Tunnel Market - By Application Cars Trucks Motorcycles
Global Automotive Wind Tunnel Market - By Geography
North America U.S. Canada Mexico
Europe France Germany Italy Spain U.K Rest of Europe
Asia Pacific (APAC) Japan China India Australia Rest of APAC
Middle East & Africa (MEA) Saudi Arabia South Africa UAE Rest of MEA
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