Automotive Performance Tuning and Engine Remapping Services Market

2021 Analysis and Review: Automotive Performance Tuning and Engine Remapping Services Market by Fuel Type – Petrol and Diesel for 2021 – 2031

About the Report

Automotive performance tuning and engine remapping service market is rapidly gaining from the growing awareness of vehicle owners about the importance of automotive performance tuning and engine remapping services. 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. During the forecast period, starting from 2021 to 2031, the market is expected to expand due to the increasing penetration of tuning and engine remapping services in passenger vehicles.

In its new study, ESOMAR-certified market research and consulting firm, Future Market Insights (FMI), offers insights about key factors fueling the demand for automotive performance tuning and engine remapping services. The report tracks the global sales of automotive performance tuning and engine remapping services in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the automotive industry in general, and automotive performance tuning and engine remapping services in particular.

How the Historical and Future Outlook for Automotive Performance Tuning & Engine Remapping Services Match Up?

Automotive performance tuning and engine remapping is done for performance improvements in automobiles. These services have gained popularity in recent years, especially among car enthusiasts and auto makers. Engine remapping technology effectively remaps the software in the vehicle's ECU, resulting in increased power and torque. Without installing or modifying any hardware, performance tuning and engine remapping in vehicles can offer a variety of other engine characteristics.

The rising demand for high-power engines, especially in diesel variants will bode well for the market. Vehicle owners also have become more mindful about the advantages and disadvantages of remapping as a result of this. The market for vehicle performance tuning and engine remapping services has seen an increase in demand as a result of this. Many new vehicle models have had success with remapping facilities to solve problems with exhaust gas recirculation (EGR) systems.

Chip tuning's discovery has piqued the interest of automotive enthusiasts and racers alike. Regulated remapping service dealers in a number of developing countries around the world have benefited as a result of this. They want to achieve the ideal power-to-fuel-efficiency ratio. This is accomplished by gaining access to onboard diagnostics ports and, in most cases, overwriting the current settings. This is often referred to as OBD tuning by which remapping is gaining more market growth.

According to the report, automotive performance tuning and engine remapping sales have grown at 6.0% CAGR between 2016 and 2021. Due to the increasing demand from industries such as the construction industry, mining sector, transportation sector, agriculture, and supply chain, the heavy commercial vehicle fleet is rapidly expanding.

Over the forecast period, rising fleet and fuel costs are expected to fuel the demand for vehicle performance tuning and engine remapping services. To get more power, torque, drivability, and BHP, commercial vehicle fleet operators and owners are increasingly turning to performance tuning and engine remapping services.

The COVID-19 pandemic has severely impacted the economy at numerous stages and the effect is seen on the automotive industry as well. Various operations have suffered as a result of the current COVID-19 situation, but the demand will increase as economies pulls through after the pandemic's containment era. The growth is also estimated to be affected by the pandemic crisis and is expected to witness a substantial drop in demand in 2020. With a number users affected in various regions there is lack of supply and shortage which is projected to result in a drop but future market insights expects global automotive performance tuning and engine remapping market to grow at 6.3% CAGR through 2031.

Demand from High-performance Vehicles Positively Affecting Growth

The demand for tuning and engine remapping in automobile sector is creating different opportunities for engine tuning and remapping parts manufacturers and service providers. These vehicles done with performance tuning and engine remapping are increasing as vehicle owners become more aware of the value for remapping and tuning services which helps in improving engine efficiency. Many car owners seek the performance tuning and engine remapping to improve their vehicles performance, which includes increasing engine speed, fuel efficiency, Torque, superior handling and responsiveness.

How is Demand for Fuel-efficiency in Vehicles Affecting Growth?

Despite the high initial investment required for automotive performance, tuning, and engine remapping services, they are expected to gain popularity in response to the increasing need for improving engine performance and remapping which will help them to reduce operating costs and fuel consumption in order to improve operational margins. The emergence of a number of existing players, as well as rapid technological advances across regions, will continue to drive significant growth in automotive performance tuning and engine remapping services.

Country-wise Insights

What is Driving Growth in the U.S.?

The presence of some of the leading players, as well as rapid technological advances in the automotive technology, will continue to drive significant growth in automotive performance tuning and engine remapping services. They've gained traction as a result of the involvement of a number of well-established players in these regional markets. The rapidly rising popularity of passenger vehicle remapping services has boosted these regions revenue capacity.

What will Drive UK & Germany Market?

Being the largest shareholder in Europe, both the U.K. and Germany exhibit increasing demand for passenger and light commercial vehicles. In recent years, manufacturers are continuously developing new base of the customers in UK. Within Germany, the demand is expected to increase as the German automotive sector continues to develop. Drivers in the country are looking for high-performance as the number of vehicles on the road grows.

How Big is the Opportunity in India?

Performance tuning and engine remapping for automobiles are highly personalized and expensive services. As a result, compact and luxury cars are projected to be the market's fastest-growing segments. The growing vehicle production in South Asian countries such as India, Australia among others is expected to drive the demand for automotive performance tuning and engine remapping services.

Will China Remain a Key Market?

Due to increased automotive activities in China, the country’s automotive industry is projected to be among the leading markets for sales of performance tuning and engine remapping services. The automotive industry in China has expanded in tandem with the increase in the number of manufacturers due to the growing number of vehicles in the region. China's automotive supplier landscape is highly fragmented. In order to obtain a competitive advantage, the majority of foreign automakers and component manufacturers have heavily invested in China.

Category-wise Insights

Which is the Top-Selling Type of Automotive Performance Tuning & Engine Remapping Services?

Performance tuning and engine remapping services has being gaining remarkable momentum in the passenger and commercial vehicle markets, beyond their conventional application in auto racing. According to the forecast, passenger vehicles and light commercial vehicles (LCVs) account for approximately 70% of demand for performance tuning and engine remapping services.

Automotive performance tuning and engine remapping is most widely done by which fuel type vehicles?

Diesel fuel vehicles have a significant market share in terms of automotive efficiency tuning and engine remapping. Boosting the fuel/air ratio, as in diesel vehicles, lets the vehicles achieve good performance as well as good quality and more power output from the engines. Since most fleets run on diesel fuel, the ability to load carrying capacity of the fleets is increased by performance tuning and engine remapping, which benefits fleet owners as fuel prices rise.

Which tuning method is effective and highly used?

OBD Tuning method is effective and mostly preferred by vehicle owners it has also benefited all the authorized engine remapping dealers worldwide as this method aims in attaining perfect balance of power and fuel economy. This is accomplished by gaining access to onboard diagnostics ports and, in most cases, overwriting the current settings in the vehicles without any major disassembly of parts in the vehicles.

Competitive Landscape

The automotive performance tuning and engine remapping services market is moderately competitive, exhibiting the presence of a large number of players, offering cost-competitive services. Small-scale players operating at a country level dominate the automotive performance tuning and engine remapping services market. As a result, the industry has a small number of internationally active participants. To meet the needs of an ever-growing vehicle fleets, many service providers have begun to expand their supply chain and distributor network in order to gain a foothold in the automotive performance tuning and engine remapping services market.

Some of the leading companies operating in the market are:

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report.

Scope of the Report

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

USD Million for value and Units for Volume

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa

Key Countries Covered

US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Oceania, Turkey, Northern Africa, South Africa

Key Segments Covered

Vehicle Type, Fuel Type, Tuning Stages, Tuning Method, Application, Regions

Key Companies Profiled

  • Tuning works Inc.
  • VIEZU Technologies LTD
  • ABT Sports line GmbH
  • Roo Systems
  • Turbo Dynamics Ltd
  • EcuTek Technologies Ltd.
  • Quantum Tuning Ltd.
  • Shift Performance
  • Emaps Performance
  • CODE 6 Tuning
  • LAYTON REMAPS & PERFORMANCE
  • Wolf Moto
  • Revolution Automotive
  • SLT Remapping & Diagnostics LTD

Report Coverage

Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Key Questions Answered in the Report

  • Which is the most lucrative market for automotive performance tuning and engine remapping services?

    Europe and North America have proven to be very profitable markets. They've gained traction as a result of the involvement of a number of well-established players in these regional markets. The rapidly rising popularity of passenger vehicle remapping services has boosted these regions revenue capacity.

  • Which is the preferred Tuning method in automotive performance tuning and engine remapping services market?

    OBD Port tuning method is most preferred method as it aims in attaining perfect balance of power and fuel economy.

  • Which vehicle type tuning and engine remapping mostly preferred?

    Passenger vehicles and Light commercial vehicles have the highest share in automotive performance tuning and engine remapping.

  • Which are some of the leading automotive performance tuning and engine remapping companies?

    Some of the leading companies are Tuning works Inc., VIEZU Technologies LTD, ABT Sports line GmbH, Roo Systems, Turbo Dynamics Ltd, EcuTek Technologies Ltd, Quantum Tuning Ltd, Shift Performance, Emaps Performance.

Enquiry before Buying

  • Is this research conducted by Future Market Insights?

    Yes, the research has been conducted by expert analysts of Future Market Insights through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to research analyst

  • What research methodology is followed by Future Market Insights?

    Future Market Insights follows a methodology that encompasses demand side assessment of the market, and triangulates the same through supply side analysis. This methodology is based on use of standard market structure, methods and definitions. Request detailed methodology

  • Who are the respondents for primary research?

    Future Market Insights speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.

  • What are the sources of secondary research?

    Future Market Insights conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

  • Is a sample of this report available for evaluation?

    Yes, you can request a sample and it will be sent to you through an email.

  • How can I buy this report?

    Future Market Insights provides a secure online payment system to buy report seamlessly. You can buy the report securely and safely.

Automotive performance tuning and engine remapping services Market

By Vehicle Type

  • Passenger cars
  • Light commercial Vehicles
  • Heavy Commercial Vehicles

By Fuel Type

By Tuning stage

  • Stage 1
  • Stage 2
  • Stage 3

By Tuning Method

  • OBD Ports
  • Bench Tuning

By Application

  • Racing
  • Fuel Economizing
  • Performance tuning

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

Need specific information?

In the news

How Businesses Can Utilize Market Research to Create Reactive, Recession-proof Strategies for Survival

by - Sudip Saha, Managing Director and Co-Founder of Future Market Insights

Talk Show:

The Rise of Intelligent Packaging

Personalized, Connected and Sustainable

November 18, 2021 11:00-11:45 AM PST (USA & Canada)
This is a LIVE session
Future Market Insights MarketNgage Spring

Our Clients

View Our Reports from Automotive

View Reports

Recommendations

Automotive Performance Tuning and Engine Remapping Services Market