Automotive Crash Test Market Analysis, Challenges, Growth and Forecast By 2033
The global market for automotive crash tests is poised to expand from USD 126.0 million in 2022 to USD 165.32 million by 2033, registering a steady Compound Annual Growth Rate (CAGR) of 2.50% from 2023 to 2033. Crash testing plays a crucial role in minimizing structural deformation within vehicles, aiming to create automobiles that offer the highest level of protection in diverse collision scenarios.
The primary objective of vehicle crash tests is to assess the extent of deformation within a vehicle’s passenger compartment during various collision scenarios. The market’s growth is fueled by advancing technologies, increasing consumer demand for high-rated vehicles, and the rising prevalence of government initiatives and regulations worldwide.
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Crash tests contribute significantly to enhancing safety and security features in the automotive sector, providing consumers with greater peace of mind. Furthermore, the global increase in car production is a key driver propelling the growth of the automotive crash test market. These tests provide a rapid assessment of a vehicle’s build quality and assign ratings based on their structural integrity. Crash tests hold significant importance for both automotive companies and consumers, ensuring adherence to stringent safety standards concerning crashworthiness and crash compatibility, thereby enhancing overall vehicle safety.
Global Dynamics of the Automotive Crash Test Market
Drivers: Surge in Car Manufacturing Boosts Market Growth
Automobiles represent a transformative technology worldwide, offering freedom and mobility to people across the globe. The rapid expansion of the automotive industry has led to increased car production on a global scale. The growing emphasis on people’s safety and security has significantly propelled the market’s growth within this sector over the forecast period. The global automotive industry holds a pivotal position in the economies of major countries worldwide, contributing substantially to economic growth by generating a multitude of employment opportunities.
Forecasts predict continued growth in the automotive sector from 2021 to 2030, with an estimated 123.83 million units by the decade’s end, marking a substantial increase from the 85.32 million units recorded in 2020. In terms of market size, the automotive manufacturing industry now stands as the largest among all global manufacturing sectors. This burgeoning expansion of the automotive industry has, in turn, driven the growth of the automotive crash test market on a global scale throughout the forecast period.
Restraints: High Initial Investment Requirements Pose Challenges
The significant initial cost associated with establishing car testing facilities presents a hurdle to market growth. Setting up car testing facilities entails substantial upfront expenses, including the development of testing tracks and obstacles. Notably, crash test dummies, which simulate human bodies in collision scenarios and provide insights into vehicle safety improvements, are substantial investments. Basic models start at $100,000, while state-of-the-art crash test dummies can cost close to $1,000,000.
Consequently, high real estate and land costs can impede market expansion during the projected period. Moreover, preparing testing grounds with various obstacles, including pebbles and other real-world road conditions, involves significant ongoing expenses for service providers. However, market end-users typically seek cost-effective solutions, impacting the profitability of market service providers and hindering market growth throughout the global forecast period.
Scope of the Global Automotive Crash Test Market
This study classifies the automotive crash test market based on type and application area at both regional and global levels.
By Type Overview (Sales in USD Billion, 2019–2033):
- Frontal Crash Tests
- Side Barrier Crash Tests
- Side Pole Crash Tests
By Application Overview (Sales in USD Billion, 2019–2033):
- Passenger Vehicle
- Commercial Vehicle
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By Regional Overview (Sales in USD Billion, 2019–2033):
- North America
- United States (US)
- Canada
- Mexico
- Europe
- Germany
- Italy
- France
- United Kingdom (UK)
- Spain
- Poland
- Russia
- The Netherlands
- Norway
- Czech Republic
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Thailand
- Singapore
- Australia & New Zealand
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- The Middle East & Africa
- Saudi Arabia
- United Arab Emirates (UAE)
- South Africa
- Northern Africa
- Rest of MEA
Prominent Market Participants in the Global Automotive Crash Test Market
The automotive crash test market is characterized by intense competition, with key industry players employing various strategies such as product launches, partnerships, acquisitions, agreements, and expansion initiatives to bolster their market positions. Many businesses within this sector are primarily focused on expanding their global presence and nurturing enduring collaborations.
Leading key players in the global automotive crash test market include:
- Intertek Group plc
- The Automotive Research Association of India
- HORIBA MIRA Ltd
- Messring GmbH
- Applus+ (Karco)
- Calspan
- UTAC (Millbrook)
- Euro NCAP
- Aries S.A.
- Exponent, Inc.
- Autoliv
- IMMI
- IAV
- TRC Inc.
- TÜV SÜD
- APV-T
- TASS International
- Seattle Safety, LLC.
- PMG Technologies
- DEKRA
- Aostechnologies
22. International Centre for Automotive Technology
