Global Automotive Test Systems Market Evolving Rapidly


Reading time ( words)

The global automotive test systems market is evolving rapidly backed by stringent emission regulations and increasing safety requirements. This dynamic market is growing through a major transformation as integration between the mechatronics test system providers and electronics test system providers pave way to address the OEMs needs.

Recent analysis from Frost & Sullivan, Global Integrated Automotive Test Solutions and its Future, finds that the overall market is expected to record a compound annual growth rate (CAGR) of 6.7 percent till 2021. The mechatronics segment is likely to register a CAGR of 4.9 percent and the electronics segment a CAGR of 8.8 percent till 2021.

The mechatronics test systems segment, which includes chassis and engine dynamometers, vehicle emission testers, and wheel alignment testers, will provide significant growth opportunities over the next five years.  The electronics test systems which comprises of ECU functional test systems and telematics & connectivity test systems is set to experience excellent growth driven by the increasing electrification of cars.

“Ensuring the effective functioning of all automotive components and systems can be achieved only by integrating several test systems,” said Frost & Sullivan  Measurement and Instrumentation Research Analyst Apoorva Ravikrishnan. “Bringing multiple technologies to one platform will also equip test systems providers with the technological capabilities to meet diverse OEM demands.”

With several automotive OEMs pointing out the unreliability of test systems due to the lack of standardization, the research and development (R&D) of a compatible, standardized test procedure is crucial. Test providers must also strike a balance between flexibility, scalability and cost-efficiency.

“By 2020, most mechatronics test providers will move into the electronics test systems market in a bid to overcome the challenges associated with integration and standardization,” anticipated Ravikrishnan. “FEV GmbH, one of the top market participants in the mechatronics test systems segment, has already entered the electronics testing domain by taking DGE Inc. under its wing.”

In the long term, investing in extensive R&D for test solutions pertaining to automated systems in vehicles and autonomous cars will help integrated automotive test solution providers keep pace with advancements and cash in on the global market’s enormous potential.

Global Integrated Automotive Test Solutions and its Future is part of the Electronic Devices Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Internet of Things (IoT) Testing and Monitoring Equipment Market, Global Test, Measurement, and Instrumentation Market, Global Condition Monitoring Equipment Market, and Global Network and Application Security Testing Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Share

Print


Suggested Items

Worldwide Semiconductor Equipment Billings at $13.3 Billion in 2Q19; Down 20%

09/12/2019 | SEMI
Worldwide semiconductor manufacturing equipment billings reached $13.3 billion in the second quarter of 2019, down 20% from the same quarter of 2018 and 3% from than the previous quarter.

Uncertainties in the Market Rise while a Bounce in NAND Flash Prices Remains Unlikely in 3Q

06/20/2019 | TrendForce
According to the latest investigations by DRAMeXchange, a division of TrendForce, demand for smartphones and servers go below expected levels in 2019 as the US-China trade dispute heats up.

Telecom (Compute and Storage) Infrastructure Market to Reach $16.35B in 2022

09/03/2018 | IDC
A new forecast from IDC sizes the market for compute and storage infrastructure for Telecoms at nearly $10.81 billion in 2017. However, as Telecoms aggressively build out their infrastructure, IDC projects this market to see a healthy five-year compound annual growth rate (CAGR) of 6.2% with purchases totaling $16.35 billion in 2022.



Copyright © 2021 I-Connect007. All rights reserved.