The global dynamometer market is expected to grow at a high CAG. A dynamometer is an electromechanical instrument used for measuring force, a moment of force (torque), or power. Dynamometer products and services are widely applied in several industries to measure and calculate the power of components such as turbines, compressors, pumps, generators, motors, engines, power trains. They also help in measuring the real-time performance of such heavy machinery in the form of engine dynamometers. Dynamometers are used to deliver simulated road loading of either the engine or full powertrain in standard emissions testing cycles. Besides simple power and torque measurements, dynamometers are also used as part of testing equipment for various engine development activities.
Top Driver: Demand foe Eco-friendly Power Source and Rising Demand in Medical Sector
The demand for clean and environmentally friendly power sources such as wind necessitates massive generators and turbines to produce power at a vast level requires integrated dynamometers to calculate the torque and power output, thereby driving the market. Additionally, the use of force plates and multi-component dynamometers for axial pressure calculations in cutting tool business has witnessed growth due to recent developments in technology. Moreover, rising demand in medical sectors for treating wounded bones and muscles using dynamometers to calculate patients’ muscle grip and strength has driven the global dynamometer market.
Automotive Industry to Make Crucial Contribution to Growth of Global Dynamometer Market
On the basis of end use the market is segmented into Automotive Industry, Healthcare Industry, Manufacturing Industry, Energy and Power Industry. Automotive industry is expected to witness high growth in the market owing to the wide use of dynamometers in automotive. On the basis of product type Chassis Dynamometers, Engine Dynamometers, Medical Dynamometers. The engine dynamometers to surge the market towards growth in the forecast period.
Rising Demand For Restoration Of Vehicles to Benefit Europe Market
Europe is anticipated gain the maximum market share in the dynamometer products & services market followed by North America and Asia Pacific. Asia Pacific is among the highest growing market owing to the presence of major developing nations such as India and China. The increase in the renovation of the vehicles in the European market is anticipated to help the industry gain significant shares in the forecast period.
Players to Focus on Dynamometer Market
The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Dyno One, Inc., Aw Dynamometer, Inc., Dynapro, Dynamometer Ltd, Dynocom Industries Inc., Dyno Dynamics Taylor Dynamometer, Inc., Froude, Inc., HITEC Sensor Developments, Inc., Magtrol, Inc., and Mustang Dynamometer among others could be at the forefront of the competition in the global market.
Power Test Inc.: In April 2020, Power Test Inc., a dynamometer and test system manufacturer located in Sussex, Wisconsin, had acquired the assets of DynoMite Dynamometer, a 44-year-old business located in Manchester, New Hampshire. This acquisition comes on the heels of Power Test acquiring, moving and integrating another longtime competitor, SuperFlow Technologies, formerly of Des Moines, Iowa.
TKO Miller: In June 2020, TKO Miller announced that Power Test Inc., an industry leader in the design, manufacture, and sale of dynamometers had acquired Taylor Dynamometer, Inc., a designer and manufacturer of market-leading engine, chassis, and towing dynamometers, as well as hydraulic test centers and controls.
Scope of the Report
By Product Type
- Chassis Dynamometers
- Engine Dynamometers
- Medical Dynamometers
- Automotive Industry
- Healthcare Industry
- Manufacturing Industry
- Energy and Power Industry
- North America
- Asia Pacific
Key Reasons to Purchase this Report
- It provides a technological development map over time to understand the growth rate of the industry.
- The report offers a dynamic method to various factors that drive or restrain the growth of the market.
- It renders definite analysis for changing competitive dynamics.
- It builds a seven-year estimate based on how the market is predicted to grow.
Table of Content
Chapter 1 Overview And Scope
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted
Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary
Chapter 4 Covid-19 Impact Analysis
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Dynamometer Market Forces
5.1 What’s Driving the Market
5.2 Porter’s Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition
Chapter 6 Global Dynamometer Market -Industry Snapshots
6.1.1 Global Dynamometer Market Value, 2019 – 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Dynamometer Market Analysis, by Product Type
7.2 Key Findings for Dynamometer Market- By Product Type
7.2.1 Dynamometer Market- Chassis Dynamometers
7.2.2 Dynamometer Market- Engine Dynamometers
7.2.3 Dynamometer Market- Medical Dynamometers
Chapter 8 Global Dynamometer Market Analysis, by End Use
8.2 Key Findings for Dynamometer Market- By End Use
8.2.1 Dynamometer Market- Automotive Industry
8.2.2 Dynamometer Market- Healthcare Industry
8.2.3 Dynamometer Market- Manufacturing Industry
8.2.4 Dynamometer Market- Energy and Power Industry
Chapter 9 Dynamometer Market Analysis by Region
9.1 Key Findings for Dynamometer Market- By region
9.2.1 Global Dynamometer Market Analysis, By Product Type, 2019 – 2028
9.2.2 Global Dynamometer Market Analysis, By End Use, 2019 – 2028
9.3 Dynamometer Market – North America
9.3.5 North America Market, By Product Type
9.3.6 North America Market, By End Use
9.4 Dynamometer Market – Europe
9.4.3 United Kingdom
9.4.6 Rest Of Europe
9.4.7 Europe Market, By Product Type
9.4.8 Europe Market, By End Use
9.5 Dynamometer Market – Asia Pacific
9.5.5 Rest of APAC
9.5.6 Asia Pacific Market, By Product Type
9.5.7 Asia Pacific Market, By End Use
9.6 Dynamometer Market – SAMEA
9.6.2 Middle East & Africa (MEA)
9.6.3 South America
9.6.4 Rest Of World
9.6.5 South America, Middle East and Africa Market, By Product Type
9.6.6 South America, Middle East and Africa Market, By End Use
Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
10.1.3 Recent Developments
Chapter 11 Company Profiles- Snapshot
11.1 Dyno One, Inc.
11.1.1 Business Fundamentals
11.1.2 Financial Snapshots
11.1.3 Product Portfolio
11.1.4 Recent Developments
11.2 Aw Dynamometer, Inc.
11.4 Dynamometer Ltd
11.5 Dynocom Industries Inc.
11.6 Dyno Dynamics Taylor Dynamometer, Inc.
11.7 Froude, Inc.
11.8 HITEC Sensor Developments, Inc.
11.9 Magtrol, Inc.
11.10 Mustang Dynamometer
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
Chapter 12 Appendix
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