Automotive Wind Tunnel Testing Equipment Market - Overview

Automotive wind tunnel testing equipment is an aerodynamic tool used to study the effect of air passing over the vehicle. It comprises a tubular passage in which the vehicle under testing is mounted. A powerful fan system is used to generate the flow of air, which is passed over the mounted vehicle. Aerodynamic properties of the vehicle are tested in the equipment. The automotive wind tunnel testing equipment is utilized to determine the performance of a car or car components against the air by measuring the lift, drag, and other movements such as yaw, pitch, and roll. Wind tunnels are primarily employed in the aerospace industry; however, rise in demand for safety features and advanced mechanisms to drive vehicles efficiently by maintaining the air around the body of the vehicle has led to the adoption of the wind tunnel testing equipment by the automotive industry in the last few years.

Automotive Wind Tunnel Testing Equipment Market - Drivers and Restraints

Pressure from the governing bodies on OEMs for wind tunnel testing is likely to boost the wind tunnel testing equipment market during forecast period. Proper design and exterior esthetic appearance of the vehicle body are trending features among vehicle buyers. High initial cost to set-up the wind tunnel equipment is likely to hamper the automotive wind tunnel testing equipment market during the forecast period.

Automotive Wind Tunnel Testing Equipment Market - Segmentation

The global automotive wind tunnel testing equipment market can be segmented based on solution, alignment, air speed, component, and region.

Based on solution, the automotive wind tunnel testing equipment market can be divided into product and services. The services segment is projected to account for a major share of the market share during the forecast period. This is primarily due to the integration of technology and software in the services provided. Price for the testing equipment is considerably high along with services.

Alignment is referred to the arrangement of the vehicle or its components inside the wind tunnel testing equipment. Based on alignment, the automotive wind tunnel testing equipment market can be divided into horizontal alignment and vertical alignment.

Air speed is termed as the speed with which air is passed over the vehicle or its components arranged in the testing equipment. In terms of air speed, the automotive wind tunnel testing equipment market can be divided into low-speed wind tunnel, high-speed wind tunnel, and others.

Components that are tested in the wind tunnel are categorized under this segment. Major components include the body of the vehicle.

Based on region, the automotive wind tunnel testing equipment market can be segmented into North America, Asia Pacific, Europe, Middle East & Africa, and Latin America. The U.S. is more prone to implement regulations enacted by governing bodies to ensure the safety of the vehicle and passenger. Hence, initial testing is required for each vehicle produced in the U.S. Regulatory bodies have mandated the norms on vehicle manufacturers that make wind tunnel testing necessary for all vehicles. This, in turn, is likely to propel the automotive wind tunnel testing equipment market in North America during the forecast period. Nordic and Baltic regions have relatively low production of the vehicles; however, every vehicle registered in these sub-regions have to undergo wind tunnel testing.

Automotive Wind Tunnel Testing Equipment Market - Key Players

Key players operating in the global automotive wind tunnel testing equipment market include HORIBA MIRA, A2 Wind Tunnel, Glenn L. Martin, Fondmetal Technologies, MAHLE GmbH, Toyota Motorsport, Windshear, Auto Research Center, RUAG, DNW, Aiolos, Mitsubishi Heavy Industries, and FKFS.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.