Market Overview

Automotive Torsion Test Bench Market - Drivers and Forecasts by Technavio

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Technavio
analysts forecast the global
automotive torsion test bench market
to grow at a CAGR of
more than 2% during the forecast period, according to their latest
report.

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Technavio has published a new report on the global automotive torsion test bench market from 2017-20 ...

Technavio has published a new report on the global automotive torsion test bench market from 2017-2021. (Graphic: Business Wire)

The research study covers the present scenario and growth prospects of
the global automotive torsion test bench market for
2017-2021. The market is segmented based on geography, including
EMEA, APAC, and the Americas.

Global automotive torsion test bench market has been growing with the
growth of automotive production. The demand for automotive has been
increasing across the world, which has forced the manufacturers to
increase the number of manufacturing units. The manufacturing units are
expected to increase at the rate of 2%-3% during the forecast period.
This increase in manufacturing facilities would eventually increase the
automotive components manufacturers, and these would be driving the
automotive torsion test bench market.

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only:
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Technavio automotive
research analysts highlight the following three factors that are
contributing to the growth of the global automotive torsion test bench
market:

  • Technological advancement in automotive parts
  • Increasing commercial vehicle sales
  • Growing manufacturing plants and expanding existing units in emerging
    countries

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Technological advancement in automotive parts

Technological advancements in automotive components increase the need
for testing. This, in turn, increases the demand for torsion test
benches, thereby driving the global automotive
torsion test bench market
during the forecast period. These
technologically advanced parts will require high-grade testing at
various levels of the automotive value chain.

Amey Vikram a lead automotive
services
research analyst at Technavio, says, "The next stage of
the value chain are the automotive parts manufacturers where major
changes in materials and technology have occurred. For instance,
steering system manufacturers have shifted from manual steering to
hydraulic power steering to electro-hydraulic power steering, and now
they are into electric power steering. These technological shifts
increase the demand for testing machines, as these changes may require
different testing conditions for torsion testing.

Increasing commercial vehicle sales

The sales of commercial vehicles are expected to grow during the
forecast period, which will be a driver for the global automotive
torsion test bench market. Commercial vehicles are expected to have
higher load carrying capacity. This can be achieved by equipping them
with high-powered engines producing more torque.

"Commercial vehicle segment comprises of light commercial vehicles,
heavy commercial vehicles, and buses and coaches. As commercial vehicles
are used for load carrying purposes, they require longer trials.
Therefore, commercial vehicles will require more axles when compared
with passenger vehicles, which increases the need for torsion testing,"
adds
Amey.

Growing manufacturing plants and expanding existing units in emerging
countries

In the automotive industry, torsion test benches are used by
manufacturing plants to test sample components and automotive parts.
These torsion test benches are also used by their R&D teams during
development testing. With the increase in automotive manufacturing units
and R&D centers, there will be an increase in demand for torsion test
benches.

A lot of this construction and expansion is taking place in emerging
countries in APAC. This increase in new manufacturing plants and
expansion of existing plants will drive the sales of global automotive
torsion test bench during the forecast period.

Top vendors:

  • DYNA-MESS
  • IABG
  • Illinois Tool Works
  • TestResources
  • Zwick Roell

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