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(I-AutoNewsWire.com, May 16, 2018 ) Automotive Wind Tunnel market is expected to grow US$ 1,557.5 million by 2025 from US$ 544.8 million in 2017.
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.
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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 overall Automotive Wind Tunnel market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the global automotive wind tunnel market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, Middle East and Africa, and South America. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Automotive Wind Tunnel market.
Table of Contents
1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 Introduction 12
2.1 Scope of the Study 12
2.2 The Insight Partners Research Report Guidance 12
3 Key Takeaways 14
4 Market Landscape 17
4.1 Market Segmentation 17
4.1.1 Global Automotive Wind Tunnel Market – By Design Type 18
4.1.2 Global Automotive Wind Tunnel Market – By Testing Type 18
4.1.3 Global Automotive Wind Tunnel Market – By Component 19
4.1.4 Global Automotive Wind Tunnel Market – By Application 19
4.1.5 Global Automotive Wind Tunnel Market – By Geography 19
5 Global Automotive Wind tunnel Market – Key Industry Dynamics 21
5.1 Key Market Drivers 21
5.1.1 Robust growth in passenger car production globally is fueling the revenue growth 21
5.1.2 Increasing adoption of methods to reduce vehicle pollution and fuel consumption level 22
5.2 Key Market Restraints/Challenges 23
5.2.1 High capital requirement for offering high-end manufacturing capabilities 23
5.3 Key Market Opporunities 24
5.3.1 Asian Countries primarily China, Japan, Korea, and India represent significant revenue growth opportunity for global suppliers 24
6 Automotive Wind Tunnel Market – Global 25
6.1 Global Automotive Wind Tunnel Market Overview 25
6.2 Global Automotive Wind Tunnel Market Forecast and Analysis 25
7 Global Automotive Wind Tunnel Market Analysis – By Design Type 27
7.1 Overview 27
7.2 Open Circuit Wind Tunnels 28
7.2.1 Overview 28
7.2.2 Global Open Circuit Market Revenue and Forecasts to 2025 (US$ Mn) 28
7.3 Closed Circuit Wind Tunnel 30
7.3.1 Overview 30
7.3.2 Global Closed Circuit Market Revenue and Forecasts to 2025 (US$ Mn) 30
8 Global Automotive Wind Tunnel Market Analysis – By Testing Type 32
8.1 Overview 32
8.2 Model Scale Testing 33
8.2.1 Overview 33
8.2.2 Global Model Scale Testing Market Revenue and Forecasts to 2025 (US$ Mn) 33
8.3 Full Scale Testing 35
8.3.1 Overview 35
8.3.2 Global Full Scale Testing Market Revenue and Forecasts to 2025 (US$ Mn) 35
9 Global Automotive Wind Tunnel Market Analysis – By Application 36
9.1 Overview 36
9.2 Cars 37
9.2.1 Overview 37
9.2.2 Global Cars Market Revenue and Forecasts to 2025 (US$ Mn) 37
9.3 Trucks 39
9.3.1 Overview 39
9.3.2 Global Trucks Market Revenue and Forecasts to 2025 (US$ Mn) 39
9.4 Motorclcyes 41
9.4.1 Overview 41
9.4.2 Global Motorcycle Market Revenue and Forecasts to 2025 (US$ Mn) 41
10 Global Automotive Wind Tunnel Market – Geographical Analysis 42
10.1 Overview 42
10.2 North America Automotive Wind tunnel Market Revenue and Forecasts to 2025 43
10.2.1 Overview 43
10.2.2 North America Automotive Wind Tunnel Market Revenue and Forecasts to 2025 (US$ Mn) 43
10.2.3 North America Automotive Wind Tunnel Market Breakdown by Key Countries 45
10.2.3.1 U.S. Automotive Wind Tunnel Market Revenue and Forecasts to 2025 (US$ Mn) 46
10.2.3.2 Canada Automotive Wind Tunnel Market Revenue and Forecasts to 2025 (US$ Mn) 47
10.2.3.3 Mexico Automotive Wind Tunnel Market Revenue and Forecasts to 2025 (US$ Mn) 48
10.2.4 North America Automotive Wind Tunnel Market Breakdown by Design Type 48
10.2.5 North America Automotive Wind Tunnel Market Breakdown by Testing Type 49
10.2.6 North America Automotive Wind Tunnel Market Breakdown by Component Type 50
10.2.7 North America Automotive Wind Tunnel Market Breakdown by Application 51
10.3 Europe Automotive Wind tunnel Market Revenue and Forecasts to 2025 53
10.3.1 Overview 53
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The Insight Partners
Sameer Joshi
+91 9666111581
sam@theinsightpartners.com
Source: EmailWire.Com 
Source: EmailWire.com
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