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$ 70.74 Million Growth Expected in Automotive Dyno Market|APAC to Notice Maximum Growth|Technavio


NEW YORK, May 24, 2021 /PRNewswire/ The automotive dyno market is set to grow by USD 70.74 million, progressing at a CAGR of almost 2% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AVL List GmbH, Dutch Dynamometers and Engineering Solutions BV, Dynamometer Services Group Ltd., Dynomerk Controls, Froude Inc., HORIBA Ltd., Kahn & Company Inc., Land and Sea Inc., Meidensha Corp., and Mustang Dynamometer are some of the major market participants. Factors such as the higher investments in R&D and testing due to cost pressure faced by OEMs, APAC driving market revenue, and the governments across the globe enforcing regulations to upgrade to newer emission norms will offer immense growth opportunities. To leverage the current opportunities, ma ....

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