Dublin, Aug. 11, 2021 (GLOBE NEWSWIRE) — The “Automotive Emission Test Equipment Market Size, Share & Trends Analysis Report by Solution (Software, Services, Equipment/Hardware), by Emission Equipment, by Region, and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering.
The global automotive emission test equipment market size is expected to reach USD 971.9 million by 2028. It is expected to expand at a CAGR of 5.09% from 2021 to 2028. The demand for automotive emission test systems is estimated to increase owing to stringent regulations associated with vehicle exhaust emissions and soaring need for regular periodic technical inspections (PTI) that are aimed at regulating gaseous emissions from exhaust vehicles. Rising concerns to limit adverse environmental effects caused by passenger and light-duty vehicles are also expected to drive the automotive emission test equipment market over the forecast period.
The emission test equipment segment held the largest share in the automotive emission test system market in 2018. It is likely to maintain…