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Technavio Has Announced the Latest Market Research Report Titled - Automotive Powertrain Testing Services Market 2020-2024 | Use of GTE Technology to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--May 4, 2020--

Technavio has been monitoring the automotive powertrain testing services market and it is poised to grow by USD 3.23 billion during 2020-2024, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200504005288/en/

Technavio has announced the latest market research report titled Global Automotive Powertrain Testing Services Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. A&D Company Ltd., AKKA Technologies SE, ATS Automation Tooling Systems Inc., AVL List GmbH, FEV Group GmbH, HORIBA Ltd., Industrieanlagen-Betriebsgesellschaft mbH, Intertek Group Plc, Ricardo Plc, and thyssenkrupp AG are some of the major market participants. The use of GTE technology will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Use of GTE technology has been instrumental in driving the growth of the market.

Automotive Powertrain Testing Services Market 2020-2024: Segmentation

Automotive Powertrain Testing Services Market is segmented as below:

  • Type
    • ICE Powertrain
    • Hybrid and Electric Powertrain
  • Geographic Landscape
    • North America
    • APAC
    • Europe
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40556

Automotive Powertrain Testing Services Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive powertrain testing services market report covers the following areas:

  • Automotive Powertrain Testing Services Market Size
  • Automotive Powertrain Testing Services Market Trends
  • Automotive Powertrain Testing Services Market Industry Analysis

This study identifies rising consumer base and the upgradation of newer emission norms as one of the prime reasons driving the automotive powertrain testing services market growth during the next few years.

Automotive Powertrain Testing Services Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the automotive powertrain testing services market, including some of the vendors such as A&D Company Ltd., AKKA Technologies SE, ATS Automation Tooling Systems Inc., AVL List GmbH, FEV Group GmbH, HORIBA Ltd., Industrieanlagen-Betriebsgesellschaft mbH, Intertek Group Plc, Ricardo Plc, and thyssenkrupp AG. Backed with competitive intelligence and benchmarking, our research reports on the automotive powertrain testing services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Automotive Powertrain Testing Services Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist automotive powertrain testing services market growth during the next five years
  • Estimation of the automotive powertrain testing services market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive powertrain testing services market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive powertrain testing services market vendors

Table Of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • ICE powertrain - Market size and forecast 2019-2024
  • Hybrid and electric powertrain - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • A&D Company Ltd.
  • AKKA Technologies SE
  • ATS Automation Tooling Systems Inc.
  • AVL List GmbH
  • FEV Group GmbH
  • HORIBA Ltd.
  • Industrieanlagen-Betriebsgesellschaft mbH
  • Intertek Group Plc
  • Ricardo Plc
  • thyssenkrupp AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200504005288/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: OTHER AUTOMOTIVE AUTOMOTIVE MANUFACTURING MANUFACTURING AUTOMOTIVE

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 05/04/2020 04:30 AM/DISC: 05/04/2020 04:30 AM

http://www.businesswire.com/news/home/20200504005288/en

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