Electric Vehicle Testing, Inspection, and Certification Market Key Players, Revenue and Industry Analysis Report by 2028

Increasing number of EVs and increasingly stringent regulatory standards in the automotive industry are some of the key factors driving market revenue growth

A Global Electric Vehicle Testing, Inspection, and Certification Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Electric Vehicle Testing, Inspection, and Certification industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Electric Vehicle Testing, Inspection, and Certification market, this study covers qualitative and quantitative aspects of the Electric Vehicle Testing, Inspection, and Certification market. In addition to historical data from 2017 to 2018, the research study provides an accurate forecast until 2028 for the Electric Vehicle Testing, Inspection, and Certification market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies. Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Electric Vehicle Testing, Inspection, and Certification industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Electric Vehicle Testing, Inspection, and Certification industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Electric Vehicle Testing, Inspection, and Certification industry.

The global Electric Vehicle (EV) Testing, Inspection, and Certification (TIC) market size is expected to reach USD 1,938.4 Million in 2028 and register a revenue CAGR of 14.2% over the forecast period, according to the latest report by Emergen Research. Increasing demand for EVs in countries across the globe and need for improvement of manufacturing standards are other factors driving need for EV testing, inspection, and certification.

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The latest study provides an insightful analysis of the broad competitive landscape of the global Electric Vehicle Testing, Inspection, and Certification market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Electric Vehicle Testing, Inspection, and Certification market and pinpoint the fundamental growth trends.  

Key Companies Profiled in the Report are

DEKRA SE, TÜV SÜD, SGS Group, Applus Services S.A., Bureau Veritas S.A., Intertek Group PLC, Eurofins Scientific, British Standards Institution, TUV Rehinland Group, Norges Elektriske Materiellkontroll

Regional Segmentation:

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

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

On the basis of type, the market is segmented into

  • Application Outlook (Revenue, USD Million, 2018–2028)

    • Safety and Security
    • Connectors
    • Communication
    • Electric Vehicle (EV) Charging
  • Service Types Outlook (Revenue, USD Million, 2018–2028)

    • Testing
      1. Testing Parameters
        1. Mechanical
        2. Temperature
        3. Electrical
      2. Conditions in Testing
    • Inspection
    • Certification
  • Sourcing Outlook (Revenue, USD Million, 2018–2028)

    • In-House
    • Outsourcing

Report Highlights:

  • Besides offering a vivid depiction of the global Electric Vehicle Testing, Inspection, and Certification business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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Vaishnavi Rokade

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