Automotive Performance Tuning and Engine Remapping Services Gaining Traction as Demand for High-performing Engines Rises Future market Insights
- Surging necessity of fuel efficient engine and rising fuel and fleet cost drives automotive performance tuning and engine remapping service market growth.
DUBAI, U.A.E, May 11, 2021 /PRNewswire/ -- The global automotive performance tuning and engine remapping service market is predicted to grow at 6.3% CAGR throughout the period (2021-2031). A key factor enabling is high effectiveness of performance tuning and engine remapping in engine performance improvement, says ESOMAR-certified consulting firm Future Market Insights (FMI) in its study. Engine remapping increases power and torque by reprogramming vehicles electronic control unit. Automakers prefer performance tuning to cater the rising power demand thus driving the sales for automotive performance tuning and engine remapping service market.
According to the study, the vehicle owners are becoming more aware about the perks of engine remapping and are actively seeking high powered diesel engines. Such tendencies are driving the performance tuning and engine remapping service market demand.
"Soaring popularity of chip tuning among automotive enthusiasts and racers in developing nations is encouraging market players to collaborate with regulated remapping service dealers in developing countries. This partnership will elevate the market sale in long term," remarks the FMI analyst.
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- North America is forecast to show exception growth on the back of increasing tread of passenger vehicle customization.
- Thriving automotive industry in UK and Germany coupled with surging demand for high performance vehicles will drive the market sales.
- India automotive market is offering impressive growth opportunities with prospering luxury car customization sector.
- Proliferation of automotive manufacturing sector in China is propelling the automotive performance tuning and engine remapping service market growth to new heights.
- Consistent technological innovation and emergence of new market players will elevate the performance tuning and engine remapping service market growth.