"The European CO2 emissions target for 2020/2021 was defined in 2014 as Regulation (EU) No 333/2014 of 11 March 2014. The regulation foresees a phase-in of the 95 gCO2/km targets based on the NEDC test procedure during the years 2020 and 2021 allowing to discard the 5% most emitting vehicles"
According to the report, Frequently Changing Emission Norms and Safety Standards Across the World is one of the primary growth factors for the market. The Rising Number of Government Initiatives and Implementation of Stringent Regulations to Curb Environmental Pollution Levels
is also expected to contribute significantly to the Vehicle Emission Analyzers market growth. Overall, Commercial Vehicles (Light Commercial Vehicle, Heavy Commercial Vehicle)
applications of Vehicle Emission Analyzers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Location Type, such as Analytical (Lab Testing) Systems, is boosting the Vehicle Emission Analyzers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Vehicle Emission Analyzers market identified that the demand is rising in many different parts of the world as "Emerging economies such as India, China, South Korea and Others have Lucrative Opportunities in the Growth of Vehicle Emission Analyzer". Furthermore, some recent industry insights like "In March 2018, E Instruments, a manufacturer of emission monitoring equipment, has launched a new technology, sample conditioning unit (SCU), for low NOx and low SO2 measurements" is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Vehicle Emission Analyzers market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Vehicle Emission Analyzers market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Vehicle Emission Analyzers market size is calculated using market estimation process, the Vehicle Emission Analyzers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Vehicle Emission Analyzers market size has been validated using both top-down and bottom-up approaches.