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Automotive Emission Test Equipment Market was valued at USD 680 million in 2023 and is anticipated to register a CAGR of 4.5% between 2024 and 2032. The remarkable expansion of the global automotive industry and the rising production of vehicles contribute to the demand for emission test equipment. According to recent SIAM estimates, from April 2022 to March 2023, the automobile industry in India manufactured a combined total of 259,318,667 vehicles, encompassing Passenger Vehicles, Commercial Vehicles, Three-wheelers, Two-wheelers, and Quadricycles. This marks an increase from the 230,400,066 units produced in the corresponding period from April 2021 to March 2022.
As the number of vehicles on the road increases, there is a greater need for effective testing to ensure that vehicles comply with emission standards. Both manufacturers and regulatory authorities invest in advanced testing technologies to keep up with the growing automotive market, which will favor the adoption of automotive emission test equipment. Stringent emission regulations will play a key role in defining the automotive emission test equipment industry outlook. Governmental bodies worldwide continue to impose strict emission standards on automotive manufacturers to curb air pollution and address environmental concerns. For instance, the Euro 6 standard in the European Union sets strict limits on the emission of pollutants such as nitrogen oxides (NOx), particulate matter (PM), carbon monoxide (CO), and hydrocarbons from vehicles. It applies to both gasoline and diesel vehicles.
Report Attribute | Details |
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Base Year: | 2023 |
Automotive Emission Test Equipment Market Size in 2023: | USD 680 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 4.5% |
2032 Value Projection: | USD 1.02 Billion |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 271 |
Segments covered: | Solution, Vehicle type, and Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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The testing procedures for emissions have become more complex due to increasingly stringent regulations and the need for accurate measurements. The complexity arises from the diversity of vehicles, engines, and fuels in use. Adapting testing equipment to handle this diversity and ensuring that it meets the requirements of various regulatory standards can be challenging. Moreover, the complexity of testing procedures may lead to longer testing times, impacting overall efficiency in manufacturing and regulatory compliance.