Strict Laws Boost Automotive Emission Test Equipment Market

Triton Market Research presents the ‘Global Automotive Emission Test Equipment Market’ report sectioned by Solution (Emission Test Software, Emission Test Equipment/Component/Hardware, Emission Test Service), Vehicle Type (Heavy Duty Trucks & Buses, Passenger Cars, Light-Duty Trucks, Other Vehicles), Application (Inspection & Maintenance, Periodic Testing Inspections, Centralized Inspection, Other Applications), and Regional  Outlook (Middle East and Africa, Asia-Pacific, Europe, Latin America, North America).

The report further discusses the Market Summary, Market Outlook, Impact Analysis, Market Maturity Analysis, Regulatory Framework, Porter’s Five Forces Analysis, Key Market Strategies, Drivers, Challenges, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology & Scope, Global Market Size, Forecasts & Analysis (2023-2030).

According to the report by Triton Market Research, the automotive emission test equipment market is expected to witness a 5.18% compound annual growth rate throughout the forecast period from 2023 to 2030.

Strict government legislation to reduce vehicular emissions has been implemented effectively in various nations, particularly in North America and Europe. In the United States, the National Highway Traffic Safety Administration (NHTSA) launched a comprehensive program encompassing new regulations to decrease Greenhouse Gas (GHG) emissions and enhance fuel economy. Concurrently, the Environmental Protection Agency (EPA) has developed GHG emissions guidelines under the Clean Air Act to mitigate the release of greenhouse gases. To enforce these measures, the usage of opacity meters has been mandated. These devices accurately detect and measure the amount of smoke emitted by diesel engines, offering a cost-effective means of quantifying particulate matter in emissions. Hence, these factors significantly drive the automotive emission test equipment market.

However, several prominent automotive companies, including Volkswagen, Audi, Porsche, BMW, Mercedes-Benz’s parent company Daimler, and Ford, are non-compliant with emission norms established by regulatory authorities. Violations of emission standards by these major industry players have raised concerns about their commitment to regulatory compliance and responsible environmental practices. This significantly hampers the market’s expansion.

The Asia-Pacific region is projected to experience the fastest growth in the automotive emission test equipment market. The automotive production sector is expanding in the region, with countries like China, South Korea, Japan, and India leading. However, this progress is accompanied by a grave health issue: air pollution. Countries such as China and India face severe air pollution problems, causing the premature deaths of numerous citizens. Consequently, there is a significant demand for innovative and technologically advanced automotive Original Equipment Manufacturers (OEMs) and opacity meters in the Asia-Pacific automotive emission test equipment market. The region’s prominence and exponential growth in the automotive industry, coupled with the pressing need to address air pollution, drive the studied market.

The notable companies in the automotive emission test equipment market are Robert Bosch GmbH, Wager Company, SGS SA, AVL List GmbH, Sierra Instruments Inc, Tüv Nord Group, Horiba Ltd, ABB Ltd, Gemco Equipment Ltd, Capalec, Applus+, Continental AG, Hella Gutmann Solutions GmbH, Ecom America Ltd, Opus Group AB, TEXA SpA, TÜV SÜD, CPS Products Inc, Beryl Technologies LLC, and Premier Diagnostics.

The forecast period anticipates a continued threat of new entrants in automotive emission test equipment. This is due to the presence of multiple solution providers offering equipment, diagnostic scanning tools, and related services. Increasing concerns about greenhouse gas emissions and the enforcement of strict regulations for emission monitoring fuel the market’s attractiveness. New entrants are actively forming partnerships with suppliers and distributors to gain market access and establish their customer base.