Zion Market Research Global Automotive Test Equipment Market, 2016 – 20 | Page 4

Automotive Test Equipment Market
Global Automotive Test Equipment Market: Regional Analysis
Increasing demand in the Asia Pacific region for automotive test equipment is
anticipated to boost the global automotive test equipment market in future. The Middle
East & Africa also show significant growth in the global market. Countries such as
Canada and the U.S are showing considerable growth in the global market. Asia Pacific
is significantly growing and grabbing higher market share in the global market.
Automotive test equipment’s accelerating demand from countries such as China and
India, this is anticipated to fuel the global market for automotive test equipment in
future. Moreover, Asia Pacific has become low-cost production destination, as many
original equipment manufacturers have shifted their manufacturing base to this region.
Asia Pacific is emerging as the major niche market for automotive test equipment
owing to increasing manufacturing plants. This is anticipated to propel the global
automotive test equipment market growth.
Global Automotive Test Equipment Market: Competitive Players
Key players influencing the global automotive test equipment market are Siemens AG,
Robert Bosch GmbH, Action S.A., Honeywell Industrial Inc., Delphi Automotive PLC,
ABB Ltd., and others.
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