Automotive Emission Analyzer Industry overview by rising trends, growth opportunities and business outlook 2019 to 2027


Posted November 20, 2020 by rohit890

Automotive Emission Analyzer Industry overview by rising trends, growth opportunities and business outlook 2019 to 2027
 
Market Overview

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. 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.

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Market Dynamics

Growing demand for advancements in automobiles, along with rising concern and awareness regarding emissions caused by vehicles is projected to drive revenue growth of the global automotive emission analyzer market. The automobile industry is expected to face challenges due to stringent regulatory norms related to safety and emissions. Government rules and regulations aimed at limiting or reducing toxic emissions from vehicles are major factors that are expected to drive growth of the global automotive emission analyzer market. For instance, the European Union has implemented the Euro 6/VI standard norms to control vehicular emissions. Moreover, technological advancements in emission analyzers to measure particulate matter emitted by vehicles on roads, are playing a vital role in the market growth. In order to reduce gas emissions from automobiles, there has been an increasing demand for automotive emission analyzers to identify gas emissions such as carbon monoxide (CO) and nitrogen oxide (NOx) for both diesel and gasoline-fueled vehicles. For instance, in 2015, in order to avoid regulations, Volkswagen rigged emission testing of around 11 million cars in the U.S with the help of a software that lowered emission levels during laboratory testing of diesel vehicles. Following this, environmental protection agencies strictly investigated existing emission analysis techniques, which has created an opportunity for market players to invest in emission analyzers. This, in turn, has resulted in an increased demand for emission analyzers.

However, shifting preference towards electric vehicles that generate half the emissions of an average comparable gasoline car, as well as the huge manufacturing cost may hamper demand for automotive emission analyzers.

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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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Issued By coherent market insights
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Categories Advertising , Blogging , Industry
Last Updated November 20, 2020