COVID-19 Impact Analysis

The current COVID-19 pandemic has a negative impact on the test bench market share, with manufacturing activities being temporarily halted across major manufacturing hubs, resulting in a significant production slowdown. People are becoming significantly more isolated as a result of increased restrictions on public meetings and travel. Due to supply chain delays and stock market instability, players in the test bench industry are also feeling the effects of the COVID-19 epidemic. It has directly impacted production and demand of test bench causing supply chain and market disruption. As manufacturing plants are shut down, the use of test bench is halted, negatively impacting the test bench market size. 

Top Impacting Factors

Verification of the device-under-test in manufacturing plants, oil and gas companies, and power plants is expected to drive market growth during the test bench market forecast period. The increasing production of electronic devices and automobiles can be attributed to the test bench market growth in these countries. Furthermore, Germany is a major producer of test benches. Companies are focusing on new product innovation as well as customizing products based on customer demand. The use of test benches in the electronics industry allows manufacturers to test and analyze circuit boards and other electronic elements prior to assembly. The assembly line testing of semiconductors, electronic circuit boards, electrical devices, instruments, and machines is performed on the test benches. A PC-based test bench with fully automated instruments is also planned for sensor testing. Furthermore, electronic devices are manually tested using measurement and manipulation tools such as multimeters, wire cutters, oscilloscopes, and soldering irons.

Market Trends

New Product Launches to Flourish the Market

In November 2020, MAHLE, a German automotive parts manufacturer has set up an electric drive test bench in Stuttgart, Germany. This technology will be used to create and test e-axles and e-drive units for a variety of electric and hybrid vehicles. The first test on a unit was successfully completed on behalf of a customer. MAHLE invested approximately EUR 3 million in the new facility. The e-test bench is yet another step forward in MAHLE's technological transformation. In the future, the new e-test bench in Fellbach will be used for functional development work, simulation of highly dynamic, transient modes of operation, efficiency measurements and torque vectoring, and simulation of wheel slip scenarios on behalf of international customers. Operating map application and data population, testing of high and low-voltage systems, and thermal influence investigation are also included in the scope of services. MAHLE components can also be tested in the context of an entire system.

Surge in Usage in Automotive Sector

Test benches are highly used in manufacturing processes. When manufacturing and assembly test benches, also known as production test benches when combined are used, only the key features and functions are tested. Product testing is done on an as-needed basis. The goal is to have quick testing routines. It helps in verifying the correctness or soundness of a design or model. To ensure high quality, the manufacturing process must be tested and controlled. Test benches offer modular production test systems outfitted with standard hardware and software that are adaptable enough to meet the needs of customers. They are fully integrated into production lines, ensuring higher product quality controlled by the most advanced test solutions.

Key Segments Covered

Key Benefits of the Report

• This study presents the analytical depiction of the test bench market opportunity along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the test bench market share.
• The test bench market is quantitatively analyzed from 2020 to 2030 to highlight test bench market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed test bench market analysis based on competitive intensity and how the competition will take shape in coming years

Questions Answered in Test Bench Market Report

• What are the leading market players active in the test bench market?
• What are the current test bench market trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future would help in taking further strategic steps?
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• What is test bench?
• What does test bench allow organizations to achieve?
• Which technologies combine to make test bench a critical organizational asset?
• What are the key benefits of the test bench market report?
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