1 July 2020: Automotive emission test equipment is used for measurement and testing of the vehicle exhaust systems and helps reduce the levels of emissions produced by vehicles. It also helps in ensuring the overall functionality, performance, efficiency, and safety of vehicle adoption of automotive emission test equipment. Large amount of particulates and gases are emitted by vehicles necessitating monitoring, control, and regulation, thereby fueling usage of vehicle emission testing system and driving the growth of the automotive emission test equipment market globally.
The massive demand for the emission test equipment is due to growing necessity to control nitrogen oxide and carbon emission. Moreover, government of various developing and developed countries are keen on implementing rules and regulations in order to decrease carbon emission from vehicles, which is propelling the growth of the market.
Reduction of Greenhouse Gases Driving Growth of the Segment
Based on solution, the market has been further segmented into emission test equipment, software, and services. The emission test equipment segment accounted for the major share of the market in 2018 and is expected to hold its position in the market due to high demand for the equipment worldwide.
Owing to increasing emphasis on reduction of greenhouse gases by light duty vehicles and passenger vehicles, the services segment is anticipated to witness growth over the forecast period, especially in developing countries such as India and China. Through periodic technical inspection, these services help in ensuring that vehicle exhaust systems are operating within standard norms and limitations. Increasing adoption of service business especially in developing nations is also contributing to the growth of the segment.
The automotive emission test equipment market has been sub-segmented into opacity meters/smoke meters and other vehicle emission test equipment/components. The other vehicle segment, which includes emission analyzers and exhaust gas analyzers accounted for the largest share in terms of revenue in 2018. It is expected to hold the largest share of the market over the next few years. The growth of the segment can be attributed to rising demand for automotive emission test systems by a large number of automobile manufacturers across the world. Supplementing the growth of the other segment is advancements in vehicle emission diagnostic systems such as onboard diagnostic tools.
Market Insights
Factors responsible for growth of the market include stringent compliance with guidelines, mandates, and regulations pertaining to the release of harmful compounds and soaring need for permissible emission limits for road vehicles. Pollution caused by vehicle exhaust and rising concerns and awareness regarding passenger cars and light-duty vehicles are resulting in increased need for enforcement of stringent rules and regulations by governments of various countries.
Some of the major companies in the automotive emission test equipment market are TEXA S.p.A.; Opus Inspection; TÜV Nord Group; Gemco Equipment Ltd; CAPELEC; Applus+; AVL LIST GmbH; HORIBA, Ltd.; and SGS SA.
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