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Read here the latest updates on the Automotive Emission Analyzer Market Analysis by CMI team
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AUTOMOTIVE EMISSION ANALYZER MARKET ANALYSIS • Automotive Emission Analyzer Market Report, by Type (Stationary and Portable), by Technology (Non-dispersive Infrared (NDIR), Fourier Transform Infrared (FTIR), Chemiluminescence Analyzer (CLA), Constant Volume Sampler (CVS), Condensation Particle Counter, Flame Ionization Detector, and Others), by Application (Compliance Testing, Emission-based Maintenance and Control, General Testing and Tuning), by End user (Automobile and Component Manufacturer, Automobile Service Factory, and Government Agency), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis 2019 - 2027
The emission analyzer is an instrument used to measure carbon monoxide and other hazardous gases which is being caused by the incorrect combustion. The exhaust gases includes oxygen which indicates that the combustion of the mixture is imperfect, resulting in contaminant gases. Carbon monoxide sensors are used to assess the CO amount during vehicle safety test. The automobile industry is expected to face challenges due to stringent regulatory norms related to safety and emissions.
Market Drivers • Government rules and regulations, which aim to limit hazardous releases from vehicles are major factors that are expected to drive revenue growth of the global market. For instance, the U.S. Environmental Protection Agency (EPA) have enforced automotive companies to adopt emission monitoring systems to track levels of gas emissions from vehicles. • Moreover, increasing need to control carbon emission is leading to high demand for automotive emission analyzers. Automotive emission analyzer is used for testing of vehicle exhaust systems and helps in reducing emissions produced by vehicles. In the light of a growing threat of climatic change, the automotive industry across the globe is taking safety measures to carefully monitor CO2 emissions. Furthermore, growing number of countries have laws to ensure the safety of their workers and the surrounding areas from harmful emissions. This is expected to fuel growth of the global automotive emission analyzer market. Key players in the global automotive emission analyzer market such as ECOM America, Ltd. manufactures stationery emission analyzers, which include features such as 6 gas sensors for simultaneous detection of multiple gases, as well as for measuring combustible gases, air, and sensors’ temperature.
Market Restraints • The price of raw materials of components that are used in manufacturing of emission analyzer is changing and automakers are facing volatility in cost of integrated circuits, circuit boards, and other components. The production of emission analyzer is significantly affected by the strict procurement laws on raw materials used in manufacturing automotive emission analyzer. Therefore, the volatility in raw material price and high cost of automotive emission analyzer are factors that are expected to hamper growth of global automotive emission analyzer market.
Figure 1. Global Automotive Emission Analyzer Market Share (%), by Region, 2019 North America Automotive Emission Analyzer Market is projected to reach US$ 313.5 Mn with a CAGR of 5.2% over the forecast period, owing to high sales of vehicles in the region.
Market Opportunities: • Considering the large number of automotive sales, emission control is one of the biggest challenges in the U.S due to the increase in the air pollution in the country. For instance, according to Bureau of Transportation Statics of America, in 2018, 118,200 units of vehicles were sold in the month of May in the U.S. Due to this factor, North America automotive emission analyzer market is expected to witness significant growth. • Moreover, Europe automotive emission analyzer market is also significantly growing, owing to growth of the motor vehicles market in Europe, which is expected to increase demand for automotive emission analyzers. According to European Automobiles Manufacturers Association, the EU passenger car fleet increased by 5.7% during 2013-18. Moreover, the number of vehicles on the road increased from 243 to 257million during this period.
Figure 2. Global Automotive Emission Analyzer Market Share (%), By End-use, 2019
Segment Information • By End-use, automobile and component manufacturers segment accounted for 50.9% share in 2019. Automobile and component manufacturers adopt automotive emission analyzers to ensure quality and safety of automobile products and components so as to reassure that a manufacturer has followed international emission standards and regulations, which ensures the environmental protection, public health, and safety. • Among application, compliance testing segment is the fastest growing segment in the global market and is expected to exhibit a CAGR of around 5.7% during the forecast period. Compliance testing in automotive industry is done through inspection process. In compliance testing, emission analyzer detects the level of air pollutants for gasoline-fueled vehicles. Increasing demand for safety features has led to research and development by OEMs and automotive suppliers for testing of electronics components for compliance with government regulations. For instance, in May 2018, Horiba introduced “SERVICE-ONE” offering for the portable OBS-ONE emission analyzers which is used to calculate the concentration of carbon emission and rate of exhaust flow.
Competitive Section • Some of the key players operating in the global automotive emission analyzer market include Horiba, Ltd., AVL, Fuji Electric Co. Ltd., ECOM America, Ltd., Enerac Inc., E Instruments International, LLC, Foshan Nanhua Instrument Co., Ltd., EMS Emission System, Inc., Robert Bosch Gmbh, and others.
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