Because of the strict emission standards in place all over the world and the growing concern for vehicle safety, the market for vehicle chassis dynos is anticipated to expand at a significant rate during the forecast period. With each passing year, the emission standards tighten, forcing manufacturers to outfit their vehicles with better emission control technologies. The need for vehicle chassis dynos, which are used to test the emission levels of vehicles, is subsequently being fueled by this. Additionally, customers are more likely to choose cars with better safety features now that they are more aware of the importance of vehicle safety. The market for vehicle chassis dynos is expanding as a result of this.

The rising demand for passenger and commercial cars is projected to lead to growth in the vehicle chassis dyno industry. Another important element fueling the expansion of this industry is the strict emission regulations that are in place all over the world. The demand for car chassis dynos is also being fueled by growing awareness of vehicle safety. A further important element accelerating the growth of this market is the government's investment in the creation of smart cities across numerous nations.

A mechanical tool known as a vehicle chassis dyno is used to gauge an engine's power output by replicating on-road driving conditions. It is made up of two sizable rollers that are attached to a computer and inserted underneath the wheels of the vehicle. The rollers' speed and load are controlled by this computer, simulating various driving scenarios. Through sensors that are connected to the dyno, the engine's power output is determined. Automotive engineers and manufacturers often employ vehicle chassis dynos to test and improve engine performance. They can also be used by mechanics and tuners to identify issues with engines and enhance fuel efficiency.

At a CAGR of 5.02% throughout the projected period, the Vehicle Chassis Dyno market is anticipated to increase from USD 3.15 billion in 2021 to USD 5.76 billion by 2031. Due to the increased consumption of both passenger and commercial vehicles, strict global emissions tests, and growing public consciousness of vehicle safety, this industry is expected to develop.

The high price of these systems is partially limiting market expansion. Additionally, the cost and time required for automotive chassis dynos' maintenance and calibration restrain market expansion. Nonetheless, possibilities for the expansion of the vehicle chassis dyno market in the upcoming years are anticipated to arise from the rising demand for passenger cars and commercial vehicles around the world.

COVID-19 Impact and Market Status

With a decline in vehicle production and sales, COVID-19 has affected the automobile sector internationally. The lockdown in several nations has caused a labour and raw material shortage, which has made it harder to make cars. However, the market is anticipated to rebound in the upcoming years as car production and sales are anticipated to rise and lockup regulations are anticipated to gradually loosen.

Segment Analysis

The Multi Roller Type emerged as the Most Booming Segment

The market has been divided into Multi Roller and Single Roller segments based on Types. During the projection period, the Multi Roller category is anticipated to expand at a higher CAGR. The reason for this rise is that multi-roller dynos provide findings that are more precise than those from single-roller dynos and also offer other functions including the study of transmission efficiency, engine braking, and tire-to-road traction.

The Most Prominent Application Segment is the Passenger Vehicle

The market has been divided into two categories based on application: passenger vehicles and commercial vehicles. During the projection timeframe, a stronger rate of growth is anticipated for the passenger vehicle segment. This development is due to elements like strict pollution regulations and growing public concern about accident prevention.

The Aftermarket Sales Channel to emerged as the Most Lucrative Segment

The market has been divided into Aftermarket and OEM segments based on Sales Channels. During the projection period, the aftermarket category is anticipated to increase at a faster CAGR. This expansion can be ascribed to elements like the increasing demand for aftermarket service providers and the requirement for routine maintenance of car chassis dynos. The increased popularity of DIY auto repair among vehicle owners is also anticipated to be advantageous for the aftermarket sector.

The North American Region to render Ample Financing Opportunities

The market is bifurcated into South America, North America, Asia Pacific, Europe, the Middle East, and Africa. Based on the region. During the projected period, the market in North America is anticipated to develop at the highest CAGR. Strict emission regulations and the rising demand for passenger and commercial vehicles in this region are two factors that contribute to this growth.

A few of the major companies competing in the global vehicle chassis dyno market are SuperFlow Technologies Group, Inc., Land and Sea DynoTech, Inc., Dynapack International Ltd., MAHA Maschinenbau Haldenwang GmbH & Co. KG, AW dynamometers, Horiba Automotive Test Systems, Inc., and Lyle Works Inc. To gain a competitive advantage in the market, these players are utilising a variety of strategies, including product launches, company expansions, mergers and acquisitions, partnerships, and joint ventures.

Recent Developments in the Vehicle Chassis Dyno Market

•     The new Xcelerate product line, for instance, was unveiled by Maha Maschinenbau GmbH & Co. KG in May 2021. It has many characteristics, including high-precision measurement and analysis, real-time data capture, and user-friendly software. This new product line was created especially for teams competing in professional motorsports and offers them trustworthy information to help them decide quickly and wisely.
•    The new PEL 102 Power Quality Logger from AEMC Instruments will be on sale in March 2021 with a cutting-edge feature set that includes a sizable colour touchscreen display, an integrated web server, and built-in WiFi connectivity. In single- or three-phase systems, this product is specifically made for monitoring important power quality characteristics.

Vehicle Chassis Dyno Market Scope

Key Segments of the Global Vehicle Chassis Dyno Market

Type Overview, 2021-2031 (USD Billion)

• Multi Roller
• Single Roller

Application Overview, 2021-2031 (USD Billion)

• Passenger Vehicle
• Commercial Vehicle

Sales Channel Overview, 2021-2031 (USD Billion)

• Aftermarket
• OEM

Regional Overview, 2021-2031 (USD Billion)

North America

• U.S
• Canada

Europe

• Germany
• France
• UK
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Rest of Asia Pacific

South America

• Mexico
• Brazil
• Rest of South America

Middle East and South Africa

• UAE
• South Africa