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The Automotive Test Equipment Global Market Report 2021-31 by The Business Research Company describes and explains the global automotive test equipment market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The reports have been updated with the most recent Ukraine-Russia War impact on market growth for all 27+ industries. The reports also provide possible solutions and opportunities for surviving this crisis.

The Automotive Test Equipment Global Market Report 2022 covers automotive test equipment market drivers, automotive test equipment market trends, automotive test equipment market segments, automotive test equipment market growth rate, automotive test equipment market major players, and automotive test equipment market size.

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The automotive test equipment market report provides in-depth analysis of the impact of COVID-19 on the global automotive test equipment industry along with revised market numbers due to the effects of the coronavirus and the expected automotive test equipment market growth numbers for 2022-2031.

The global automotive test equipment market size is expected to grow from $2.51 billion in 2021 to $2.73 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The automotive test equipment market is expected to reach $3.37 billion in 2026 at a CAGR of 5.5%.

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Automotive Test Equipment Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the automotive test equipment market segments-
1) By Product Type: Chassis Dynamometer, Engine Dynamometer, Vehicle Emission Test System, Wheel Alignment Tester

2) By Vehicle Type: Passenger Car, Commercial Vehicles

3) By Application: Handheld Scan Tool, Mobile Device-Based Scan Tool, PC or Laptop-Based Scan Tool

4) By End-Use: Original Equipment Manufacturer (OEM) Assembly Plant, Original Equipment Manufacturer (OEM) R and D, Technical Center, Authorized Service Center

About The Business Research Company:
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.

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