Automotive Performance Tuning and Engine Remapping Services Market by Product Type (Audio, Interior, Engine, Suspension, Body, Tires, and Detuning), Vehicle Type (Motorcycles, Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle), Type (Racing, Fuel Economizing, and Performance Tuning), Tuning Method (OBD Port and Bench Tuning), Fuel Type (Petrol and Diesel), Tuning Stage (Stage 1, Stage 2, and Stage 3), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2030
The automotive performance tuning and engine remapping service market is improving rapidly from the growing awareness of vehicle owners about the importance of the same. These facilities were previously only available to auto racers. However, in recent years, automotive tuning services have become increasingly popular in both the passenger and commercial vehicle markets. Moreover, automotive performance tuning and engine remapping are done for performance improvements in automobiles. These services essentially remap the software in the Electronic Control Unit (ECU) of vehicles, boosting the power and torque. Furthermore, performance tuning and engine remapping in vehicles can serve several other characteristics of the engine without adding any hardware or changing any hardware. In addition, many new vehicle models have had success with remapping facilities to solve problems with exhaust gas recirculation (EGR) systems. For instance, boosting the fuel/air ratio will help vehicles reach the peak of their performance. According to an estimate, emappers have claimed to have increased horsepower by as much as 30-40bhp and torque up to 80nm.
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COVID-19 Impact Analysis –
COVID-19 has caused a major disruption in the automotive industry and motorsports the key users of automotive performance tuning and engine remapping services. As the government has declared lockdowns over the past few months the demand for automotive performance tuning and engine remapping services has also been affected. Moreover, COVID-19 has also affected the economy of major countries lowering the income of the people thus affecting the sales of automobiles. Furthermore, all racing events across the world have been halted, due to lockdown. Automotive performance tuning and engine remapping services is an evolving sector that is hampered due to the COVID-19 pandemic because of which all the production and supply of remapping & tuning machinery across the affected countries has been disrupted. Also, due to the pandemic, there was the unavailability of labor since people had to maintain social distancing and avoid traveling due to the restrictions.
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Key Benefits of the Report
This study presents the analytical depiction of the automotive performance tuning and engine remapping services market 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 challenges of the automotive performance tuning and engine remapping services market.
The current market is quantitatively analyzed from 2020 to 2030 to highlight the automotive performance tuning and engine remapping services market growth scenario.
The report provides detailed automotive performance tuning and engine remapping services market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the report
Which are the leading market players active in the automotive performance tuning and engine remapping services market?
What would be the detailed impact of COVID-19 on the market?
What current trends would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the automotive performance tuning and engine remapping services market?
What are the projections for the future that would help in taking further strategic steps?
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