Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Automotive Crash Test Device Market Size is Expected to Grow from USD 4.20 Billion in 2023 to USD 8.52 Billion by 2033, Growing at a CAGR of 7.33% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Automotive Crash Test Device Market Size, Share, and COVID-19 Impact Analysis, By Type (Frontal Impact Test Devices, Side Impact Test Devices, Rollover Test Devices, Others), By Application (Passenger Vehicles, Commercial Vehicles), By End-User (Automotive Manufacturers, Research Institutions, Regulatory Bodies, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, And Africa), Analysis And Forecast 2023 - 2033
The worldwide automotive crash test device market is ascribed to the marketplace involved in the production and distribution of technical equipment, which are becoming vital accessories for ensuring the security concerns about occupants and fleet owners as well. The market encompasses crash test device services, equipment, dummy models, software for simulations, and regulations set by safety organizations, which perform a vital role in vehicle design by ensuring road safety and reducing fatalities in real-world accidents. The market for crash test device is propelling due to the increasing need for advanced security concerns in the automotive industry and the rising execution of safety legislation. Further, the rising acceptance of electric, hybrid, and autonomous vehicles is supported by government incentives that exceed the market growth. However, market acquisition faces several obstacles, like high upfront costs for fabricating, a lack of expert personnel, and economy down turns.
The side impact test devices segment held a significant share of the global automotive crash test device market in 2023 and is anticipated to grow at a rapid pace over the forecast period.
On the basis of the type, the global automotive crash test device market is differentiated into frontal impact test devices, side impact test devices, rollover test devices, and others. Among these, the side impact test devices segment held a significant share of the global automotive crash test device market in 2023 and is anticipated to grow at a rapid pace over the forecast period. This is because of rising incidents of side impact accidents, which makes them liable for primary automotive priority. Further, rising acceptance of EV and autonomous vehicles due to rising disposable income propels the segment revenue for the market.
The passenger vehicles segment held the greatest share of the global automotive crash test device market in 2023 and is anticipated to grow at a remarkable CAGR over the forecast period.
On the basis of application, the global automotive crash test device market is categorized into passenger vehicles and commercial vehicles. Among these, the passenger vehicles segment held the greatest share of the global automotive crash test device market in 2023 and is anticipated to grow at a remarkable CAGR over the forecast period. This is because the need for crash test device equipment continues to be influenced by the growing trend toward electric and autonomous passenger cars. Moreover, the necessity of ensuring passenger safety makes it popular for market appeal.
The automotive manufacturers' segment held the largest share of the global automotive crash test device market in 2023 and is anticipated to grow at a significant CAGR over the forecast period.
On the basis of the end-user, the global automotive crash test device market is segmented into automotive manufacturers, research institutions, regulatory bodies, and others. Among these, the automotive manufacturers' segment held the largest share of the global automotive crash test device market in 2023 and is anticipated to grow at a significant CAGR over the forecast period. This is due to the need for guaranteed adherence to safety regulations and performance specifications. Moreover, the development of technology in the automotive sector accelerates the segment growth.
Asia Pacific is projected to hold the largest share of the global automotive crash test device market over the forecast period.
Asia Pacific is expected to hold the greatest share of the global automotive crash test device market over the forecast period. The regional market is growing due to countries like China, Japan, and India, which have robust automotive industries. Moreover, the regional market is increasing due to the increasing need for advanced security technologies in the automotive industry and the rising execution of safety laws. Furthermore, the growing need for autonomous and electric vehicles would fuel the region's need for specialist crash testing apparatus.
North America is projected to grow at the fastest CAGR growth of the global automotive crash test device market over the forecast period. The market's expansion throughout the region is further accelerated due to the presence of key market players along with supportive government initiatives. Moreover, with strict government rules about automotive security and the growing need for sophisticated safety technologies, the region is anticipated to hold a sizeable portion of the global market. Furthermore, the need for specialist crash-testing equipment is expected to increase due to the growing regional need for electric and driverless vehicles.
Comapny Profiling
Major vendors in the global automotive crash test device market are Humanetics Innovative Solutions, Inc., MGA Research Corporation, Calspan Corporation, TÜV SÜD AG, HORIBA MIRA Ltd., Messring Systembau MSG GmbH, Kistler Group, Instron (A Division of Illinois Tool Works Inc.), DTS (Diversified Technical Systems, Inc.), Cellbond, Autoliv Inc., Continental AG, Robert Bosch GmbH, ZF Friedrichshafen AG, Siemens AG, DEKRA SE, AOS Technologies AG, IMV Corporation, Crash Test DeviceService GmbH, and Millbrook Proving Ground Ltd, and others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global automotive crash test device market based on the below-mentioned segments:
Global Automotive Crash Test Device Market, By Type
Global Automotive Crash Test Device Market, By Application
Global Automotive Crash Test Device Market, By End-User
Global Automotive Crash Test Device Market, By Regional
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