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Automotive Emission Test Equipment Market Share

Report ID: GMI7719
Published Date: Dec 2023
Report Format: PDF

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Automotive Emission Test Equipment Market Share

SGS SA, TUV Nord Group and HORIBA Ltd. hold a dominant position in the automotive emission test equipment industry. Companies are focusing on continuous product innovation, enhancing their automotive emission test equipment solutions with advanced features, improved user interfaces, and compatibility with emerging technologies to stay competitive. SGS SA strategically focuses on expanding its global footprint to serve a wider clientele. This includes establishing testing and certification facilities in key automotive markets to cater to the growing demand for emission testing services.

TUV Nord Group focuses on continuous product innovation, developing advanced emission test equipment that aligns with the latest industry requirements. HORIBA collaborates with automotive manufacturers, regulatory authorities, and environmental agencies. This collaborative approach ensures that the company remains aligned with industry needs and regulatory developments.

Automotive Emission Test Equipment Market Companies

Major players operating in the automotive emission test equipment industry are:

Applus+
AVL List GmbH
CAPELEC
ETAS
GEMCO Equipment Ltd.
HORIBA, Ltd.
Opus Inspection, Inc.
SGS SA
TEXA S.p.A.
TUV Nord Group

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for automotive emission test equipment reached USD 0.68 billion in revenue in 2023 and is poised to expand at 4.5% CAGR from 2024 to 2032 driven by the rapid expansion of the global automotive sector and the rising production of vehicles.

The automotive emission test equipment solution segment accounted for around 47% of revenue share in 2023 and is likely to witness high demand attributed to environmental regulations, public health concerns, and technological advancements.

Europe held 32% revenue share of the automotive emission test equipment market in 2023 and is set to exhibit robust growth through 2032 owing to the ongoing implementation of the rigorous emission regulations coupled with the rising focus on reducing air pollution and promoting sustainable practices.

Some of the top automotive emission test equipment companies are Applus+, AVL List GmbH, CAPELEC, ETAS, GEMCO Equipment Ltd., HORIBA, Ltd., TEXA S.p.A., Opus Inspection, Inc., SGS SA, and TUV Nord Group.