Industry Background:
Vehicle emission analyzer is an electronic device that measures gas emissions of both diesel and gasoline-fueled vehicles. The emission analyzer device equipped with input devices, sensors, LCD display, and a microcontroller. Asia-Pacific region is the largest market for vehicle exhaust analysis, with India, China, Japan, and South Korea growing as major automotive manufacturer hubs. In addition, rising production volume of vehicles, increasing public preferences towards highly stable & comfortable vehicles, stringent regulations regarding CO2 and NOX emissions are further propelling the market growth across the globe
This growth is primarily driven by The Rising Number of Government Initiatives and Implementation of Stringent Regulations to Curb Environmental Pollution Levels and Increased Disposable Income Amidst the Population in Europe and America.
Globally, a noticeable market trend is evident Frequently Changing Emission Norms and Safety Standards Across the World. Major Vendors, such as HORIBA (Japan), Nova Gas (United States), AVL (Austria), BOSCH (Germany), Sensors Inc. (United States), Motorscan (Italy), Fuji Eletric (Japan), Kane International Limited. (United Kingdom), MRU Instrument (United States), ECOM America Ltd. (United States), EMS Emission System (United States) and Mingquan (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
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
Regulatory Insights:
"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"
Market Drivers
- The Rising Number of Government Initiatives and Implementation of Stringent Regulations to Curb Environmental Pollution Levels
- Increased Disposable Income Amidst the Population in Europe and America
Market Trend
- Frequently Changing Emission Norms and Safety Standards Across the World
Restraints
- Lack of Awareness in Underdeveloped Countries
- Surging Investment in Specialized Equipment
Opportunities
Emerging economies such as India, China, South Korea and Others have Lucrative Opportunities in the Growth of Vehicle Emission Analyzer
Challenges
The Rising Popularity of Electric Vehicle
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Vehicle Emission Analyzers Study Sheds Light on
The Vehicle Emission Analyzers Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Vehicle Emission Analyzers industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Vehicle Emission Analyzers industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.