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The rise of electronic construction in vehicles, technological novelties in the automotive test equipment, the concept of real-time data and simulation testing, monetizing vehicle data, and using onboard diagnostic tools are the trends that will drive the market growth.
JERSEY CITY, N.J., Feb. 9, 2021 /PRNewswire/ Verified Market Research recently published a report, Automotive Test Equipment Market by Vehicle Type (Passenger Car, Commercial Vehicles), by Product Type (Chassis dynamometer, Engine dynamometer, Vehicle emission test system, and wheel alignment tester), by End Use (Original Equipment Manufacturer (OEM) Assembly Plant, Original Equipment Manufacturer (OEM) R and D, Technical Center, Authorized service center), by Application (Mobile device-based equipment and PC or Laptop-Based Equipment), and by Geography. According to Verified Market Research, the Global Automotive Test Equipment Market was valued at USD 2.09 Billion in 2018