Electric Vehicle Testing Equipment Market Synopsis
Electric Vehicle Testing Equipment Market Size Was Valued at USD 51.6 Million in 2023 and is Projected to Reach USD 237.7 Million by 2032, Growing at a CAGR of 18.5% From 2024-2032.
EV testing comes beyond mere vehicle type and component certification. It is made up of charging stations, infrastructure, and the processes that make it possible for EVs to communicate with charging stations and back-office systems; this is known as interoperability or conformance testing. The EV test equipment industry is volatile due to the pandemic. Governments of different areas with temporary or total closing of industries have negatively impacted production and sales in the whole. Furthermore, flights were cancelled, there were travel restrictions and quarantine rules were in place which had a significant impact on global logistics as well as the supply chain activities.
- Alterations of paramount proportions took place in the automotive and electronic sectors recently. Powertrain systems that are highly advanced, intense power conversion systems, and more power are essential to meet the expanding market need that requires sophisticated automotive applications and safety features including infotainment, electronic ignition, navigation and infotainment systems. Moreover, this pioneering innovation has also been the key factor for the development of modern electric vehicle testing facilities that include programmable power sources and electronic loads with higher output power and faster response times.
- However, in the long term, the market is expected to grow on account of the conformance testing of all electrical components, including plugs, cables, connectors, wiring and switches, which is a key step in the testing of electric vehicles. When velocity increases, engineers are to overcome additional testing difficulties. 800/1000VDC is substituting the normal voltage and power levels of 300/400VDC, with the presence of transients up to 1200V. The higher voltages enable rapid charging, greater transmission capacity, and less vehicle weight. The combo of high-performance batteries, drivetrains, power converters, inverters, and faster recharge are propelling these components.
- Customers want for expantable power capacities, integrated protection features, larger operating window, integrated measurements, and fast transient reaction times for the existing products, modular testing solution. As a result, the advent of modern testing methods developed to support the growth of the EV testing equipment industry is witnessed during the forecast period. They do so by decreasing expenses and energy consumption, organizing development and testing processes, and limiting time constraints. Mortorintelligence. com/industry-reports/electric-vehicle-test-equipment-market is the source.
Electric Vehicle Testing Equipment Market Trend Analysis
Rising Demand for Electric Vehicles (EVs)
- The main driving force behind the growth of the Electric Vehicle Testing Equipment Market is the growing demand for electric vehicles due to various factors. On the other hand, with the increasing popularity of the EVs (Electric Vehicles) on a global stage, there is a growing need for comprehensive analysis and testing of the varied components and systems that are used in these automobiles.
- Electric vehicles are such complex mechanical systems, which can be split into parts like charging systems, batteries, electric drivetrains, and power electronics that are all subject to strict testing protocols for their compliance with regulations, performance and safety standards. The electric vehicle testing equipment is an indispensable function at every stage of the vehicle development cycle, such as research and development, production, and aftermarket services where the effectiveness, dependability, and durability of all constituents are examined.
- Moreover, the large investments by automakers and suppliers for the next-generation electric vehicle makes the innovation and ongoing refinement in electric vehicle technology more and more focus. Thus, it advocates for advanced diagnostic tools that are precise in determining inefficiencies, doing performance evaluations, and replicating real-world scenarios.
- Additionally, the niche for EV-specific testing solutions that cater to EV trucks, buses, and commercial fleets is rising based on the progression of EV technology and the introduction of new vehicle models. Therefore, the increasing demand for electric vehicles propels the growth of the electric vehicle testing equipment market by encouraging innovation and providing opportunities for the creation of advanced testing solutions that help in the expansion of the EV ecosystem.
Development of Standardized Testing Procedures
- The possible benefits of standardizing testing procedures for the Electric Vehicle Testing Equipment Market include the shortening of testing processes, amendments to interoperability, and the development of cooperation within the industry.
- The standardization of testing procedures implies a uniform basis and a system of rules that assesses the conformity, safety, and performance of EVs and their components. Manufacturers, regulators, and stakeholders can provide testing results consistency and reliabilityacross different organizations and locations by developing common testing methodologies, standards, and protocols accepted worldwide.
- Furthermore, there is a high expectation that the implementation of standardized testing protocols will increase the productivity and economic viability of electric vehicle development and certification. Through the adherence to established standards, manufacturers may eliminate redundancies in the performance of tests, reduce the rate of errors or inconsistencies, and, what is more, accelerate the time needed to produce new generation electric vehicles and technologies.
- Furthermore, this advanced approach boosts the validity of the assessment results, a very crucial matter that gives confidence to investors, regulatory bodies and consumers.
- Also, we can use the establishment of a testing systems standard to create a growth outlook for the electric vehicle testing equipment market. The most recent trend is the increasing use of standards for testing that creates demand for advanced testing equipment to suit both standardized protocols and regulations.
- Such readiness compels a financial outlay on testing solutions development for specific purposes, including battery assessment, heat control, vehicle dynamics, as well as safety testings. Consequently, the market growth and the innovation in Electric Vehicle Testing Equipment are boosted, as the process of standardization of testing procedures is improved thus increasing the efficiency and reliability of testing process.
Electric Vehicle Testing Equipment Market Segment Analysis:
Electric Vehicle Testing Equipment Market is Segmented on the basis of Vehicle type, Equipment Type, and Application.
By Vehicle type, Battery electric vehicles (BEVs) segment is expected to dominate the market during the forecast period
- The battery electric vehicles (BEVs) segment of the electric vehicle testing equipment market has the biggest share by vehicle type. Such supremacy can be attributed to a lot of key components. Firstly, EVs are a new type of automobile with no internal combustion.
- Therefore, BEVs are distinguished by more sophisticated electric propulsion systems and large-capacity power packs than PHEVs and HEVs. The complexity of this question demands a detailed investigation on battery function, charging mechanisms, power electronics, and vehicle efficiency, and therefore program development for testing facilities that are aimed at the particular requirements of BEVs.
- The further development of BEVs has led to increased investment in research and development, manufacturing, and regulatory compliance. There is an increasing need for testing solutions that are more complex to guarantee the safety, performance and reliability of BEV as the technology advances. This includes battery tests, heat control, acceptable driving range, and complying with compliance requirements that include safety certifications and emission standards. Thus, the EV testing equipment market is concentrated on BEVs since their technological complexities, market presence and the need for specialized testing solutions allowing their implementation and improvement are some of the factors which contribute to this trend.
- Though it is undeniably true that with the growing market share of PHEVs and HEVs, there is a corresponding increase in demand for test devices customized to meet their specific requirements,
- As far as the case of PHEVs is concerned, it involves the analysis of both internal combustion and electric systems in addition to their mutual interaction while HEVs require the evaluation of hybrid propulsion and regenerative braking mechanisms. Therefore, while BEVs currently lead the Electric Vehicle Testing Equipment Market, this will change with growth and diversification of the electric vehicle market as a whole.
By Application, Passenger Cars segment held the largest share in 2023
- As in the area of electric vehicles' testing equipment, the dominating application segment is passenger cars. It is a multifaceted monopoly that has a wide array of influencing variables. Actually, majority market share is occupied by electric passenger cars, because many carmakers globally are focused on the further development and creation of electric passenger cars.
- So, it can be said that there is a pressing demand for a wide range of testing platforms that can be designed to assess the performance, reliability, and compliance with regulations of electronic passenger cars. These are tools to analyze the battery systems, the electric drivetrains, the charging infrastructure, and the control electronics.
- Additionally, the fact that there is a steady increase in the number of consumer and government agencies that are preferring electric passenger vehicles, and consequently a need for this kind of testing instruments. There is a growing need of an established mechanism for their (the consumers) regular testing and validation to ensure their reliability, output and security.
- On the other hand, these different safety, emissions and efficiency performance standards require agencies to have rigid criteria and certifications, which also increases the demand for testing facilities that are specially designed to run tests on electric cars.
- With the development of the electric vehicle industry, including electric buses and trucks, commercial vehicles bring an increasing number but a smaller market share and sales, so the total amount of testing equipment is still far greater in the passenger car sector. Moreover, the market for electric commercial vehicles is experiencing a widening trend toward niche testing technologies that are specifically designed for fleet utilization, robust truck drivetrains, and battery management.
Electric Vehicle Testing Equipment Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- Complementary sales of BEV and PHEV in addition to decreasing power-train costs owing to material improvements and good packaging arrangement are pushing the market. On the top of that, because of the fabulous price of batteries, additions to the performance of the energy systems have been needed.
- In addition, governments all over have devised a broad array of policies and programs in order to make individuals choose electric vehicles as opposed to conventional ones. As an illustration of this approach, we can cite the ZEV initiative in California, which aims to have the 1. 5 million electric vehicles on the road in 2025. The program's purpose is to encourage more electric car owners. In addition to the Netherlands, India, China, the UK, and South Korea, which are followed by France, Germany, and Norway, there are a wide range of support measures.
- After the spread of COVID-19, there as been unexpected rise in the sales of electric vehicles. The imposition of the lockdown by the governments in various countries has had troublesome impacts on the economy lowering sales of EVs and charging infrastructure systems as well. Furthermore, other components' accessibility became limited, for example inverters and lithium-ion battery cells. It is incomplete without a power inverter for an electric vehicle. The car drives by the motor through which the energy stored in the battery is changed.
- Acquiring consumer demand is complicated and poses a formidable challenge for electric vehicle manufacturers. A lack of charging stations and the high cost of the electric vehicles whose prices are equivalent to that of premium vehicles have prevented many people from buying them, despite their numerous benefits. Consequential to covid-19 pandemic, the government of many countries such as India announced to delay the establishment of more than 50,000 charging stations and put in place the charging infrastructure.
- Specifically, some OEMS have opted to restructure their product divisions such that they now produce only electric cars. Moreover, as General Motors disclosed its plan to distribute USD 20 billion towards electric and autonomous vehicles by 2025, in 2021. The corporation seeks to introduce twenty new electric models in the market by 2023 and achieve the sales of more than one million electric vehicles per year in China and the United States.
- Volkswagen has specified the amount of investment of USD 36 billion in electric vehicles for its mass-market brands until the year 2024. The company stipulates that they will sell at least 25% of their global total vehicles electrically by the year 2025. Mortorintelligence. com/industry-reports/electric-vehicle-test-equipment-market is the source.
Active Key Players in the Electric Vehicle Testing Equipment Market
- Arbin instruments
- Atestep Gruh
- AVL (Austria)
- Blum- Novotet Gmbh
- Burke Portar Group
- Chroma ATE ( Taiwan)
- Comemso electronics Gmbh
- Dewesoft
- Durr Group (Germany)
- Dynomerk Controls
- FEV group GMBH
- Froude, Inc
- Horiba (Japan)
- KukaAG (Key Innovator)
- TUV Rheinland (Germany)
- Keysight Technologies (USA)
- National Instruments (NI) (USA)
- Siemens AG (Germany)
- Vector Informatik GmbH (Germany)
- Maccor, Inc. (USA)
- Other Key players
Key Industry Developments in the Electric Vehicle Testing Equipment Market:
- In June 2024, SAE International®, a leading authority in mobility standards development, partnered with Pearson VUE, the global leader in computer-based testing for certification and licensure exams, to launch its Electric Vehicle Supply Equipment (EVSE) Technician Certification in May 2024. This collaboration aimed to tackle the shortage of qualified EV technicians needed to support the expanding EV infrastructure in the US and globally. By leveraging Pearson VUE's expertise, SAE International sought to ensure that technicians were equipped with the necessary skills to meet the demands of the rapidly growing electric vehicle industry.
- In January 2023, Hitachi Energy, a global leader in advancing sustainable energy, announced that it had completed the acquisition of COET, a prominent designer and manufacturer of power equipment for electric mobility, rail, and industry, located in the greater Milan area of Italy. This acquisition bolstered Hitachi Energy's global standing and expanded its offerings in high-power electric vehicle charging infrastructure, power electronics, and grid-edge solutions. The strategic move enhanced the company's production capacity and technological capabilities, reinforcing its commitment to driving a sustainable energy future.
Global Electric Vehicle Testing Equipment Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 51.6 Mn. |
Forecast Period 2024-32 CAGR: |
18.5% |
Market Size in 2032: |
USD 237.7 Mn. |
Segments Covered: |
By Vehicle type
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By Equipment Type
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- ELECTRIC VEHICLE TESTING EQUIPMENT MARKET BY VEHICLE TYPE (2017-2032)
- ELECTRIC VEHICLE TESTING EQUIPMENT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- BEV
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- PHEV
- HEV
- ELECTRIC VEHICLE TESTING EQUIPMENT MARKET BY EQUIPMENT TYPE (2017-2032)
- ELECTRIC VEHICLE TESTING EQUIPMENT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- BATTERY TEST
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- POWERTRAIN
- EV COMPONENT
- EV CHARGING
- OTHERS
- ELECTRIC VEHICLE TESTING EQUIPMENT MARKET BY APPLICATION (2017-2032)
- ELECTRIC VEHICLE TESTING EQUIPMENT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- PASSENGER CARS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- COMMERCIAL VEHICLES
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Electric Vehicle Testing Equipment Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- ARBIN INSTRUMENTS
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- ATESTEP GRUH
- AVL (AUSTRIA)
- BLUM- NOVOTET GMBH
- BURKE PORTAR GROUP
- CHROMA ATE ( TAIWAN)
- COMEMSO ELECTRONICS GMBH
- DEWESOFT
- DURR GROUP (GERMANY)
- DYNOMERK CONTROLS
- FEV GROUP GMBH
- FROUDE, INC
- HORIBA (JAPAN)
- KUKAAG (KEY INNOVATOR)
- TUV RHEINLAND (GERMANY)
- COMPETITIVE LANDSCAPE
- GLOBAL ELECTRIC VEHICLE TESTING EQUIPMENT MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Vehicle type
- Historic And Forecasted Market Size By Equipment Type
- Historic And Forecasted Market Size By Application
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Electric Vehicle Testing Equipment Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 51.6 Mn. |
Forecast Period 2024-32 CAGR: |
18.5% |
Market Size in 2032: |
USD 237.7 Mn. |
Segments Covered: |
By Vehicle type
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By Equipment Type
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET COMPETITIVE RIVALRY
TABLE 005. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET THREAT OF NEW ENTRANTS
TABLE 006. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET THREAT OF SUBSTITUTES
TABLE 007. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET BY VEHICLE TYPE
TABLE 008. BEV MARKET OVERVIEW (2016-2028)
TABLE 009. PHEV MARKET OVERVIEW (2016-2028)
TABLE 010. HEV MARKET OVERVIEW (2016-2028)
TABLE 011. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET BY EQUIPMENT TYPE
TABLE 012. BATTERY TEST MARKET OVERVIEW (2016-2028)
TABLE 013. POWERTRAIN MARKET OVERVIEW (2016-2028)
TABLE 014. EV COMPONENT MARKET OVERVIEW (2016-2028)
TABLE 015. EV CHARGING MARKET OVERVIEW (2016-2028)
TABLE 016. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 017. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET BY APPLICATION
TABLE 018. PASSENGER CARS MARKET OVERVIEW (2016-2028)
TABLE 019. COMMERCIAL VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 020. NORTH AMERICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 021. NORTH AMERICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY EQUIPMENT TYPE (2016-2028)
TABLE 022. NORTH AMERICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 023. N ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 024. EUROPE ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 025. EUROPE ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY EQUIPMENT TYPE (2016-2028)
TABLE 026. EUROPE ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 027. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 028. ASIA PACIFIC ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 029. ASIA PACIFIC ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY EQUIPMENT TYPE (2016-2028)
TABLE 030. ASIA PACIFIC ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 031. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY EQUIPMENT TYPE (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 035. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 036. SOUTH AMERICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 037. SOUTH AMERICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY EQUIPMENT TYPE (2016-2028)
TABLE 038. SOUTH AMERICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 039. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 040. HORIBA: SNAPSHOT
TABLE 041. HORIBA: BUSINESS PERFORMANCE
TABLE 042. HORIBA: PRODUCT PORTFOLIO
TABLE 043. HORIBA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. ABB: SNAPSHOT
TABLE 044. ABB: BUSINESS PERFORMANCE
TABLE 045. ABB: PRODUCT PORTFOLIO
TABLE 046. ABB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. SCHNEIDER ELECTRIC: SNAPSHOT
TABLE 047. SCHNEIDER ELECTRIC: BUSINESS PERFORMANCE
TABLE 048. SCHNEIDER ELECTRIC: PRODUCT PORTFOLIO
TABLE 049. SCHNEIDER ELECTRIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. TEAMTECHNIK: SNAPSHOT
TABLE 050. TEAMTECHNIK: BUSINESS PERFORMANCE
TABLE 051. TEAMTECHNIK: PRODUCT PORTFOLIO
TABLE 052. TEAMTECHNIK: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. AVL: SNAPSHOT
TABLE 053. AVL: BUSINESS PERFORMANCE
TABLE 054. AVL: PRODUCT PORTFOLIO
TABLE 055. AVL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. ARBIN INSTRUMENTS: SNAPSHOT
TABLE 056. ARBIN INSTRUMENTS: BUSINESS PERFORMANCE
TABLE 057. ARBIN INSTRUMENTS: PRODUCT PORTFOLIO
TABLE 058. ARBIN INSTRUMENTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. CHROMA ATE: SNAPSHOT
TABLE 059. CHROMA ATE: BUSINESS PERFORMANCE
TABLE 060. CHROMA ATE: PRODUCT PORTFOLIO
TABLE 061. CHROMA ATE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. TUV RHEINLAND: SNAPSHOT
TABLE 062. TUV RHEINLAND: BUSINESS PERFORMANCE
TABLE 063. TUV RHEINLAND: PRODUCT PORTFOLIO
TABLE 064. TUV RHEINLAND: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. DURR GROUP: SNAPSHOT
TABLE 065. DURR GROUP: BUSINESS PERFORMANCE
TABLE 066. DURR GROUP: PRODUCT PORTFOLIO
TABLE 067. DURR GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. FEV GROUP: SNAPSHOT
TABLE 068. FEV GROUP: BUSINESS PERFORMANCE
TABLE 069. FEV GROUP: PRODUCT PORTFOLIO
TABLE 070. FEV GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. ATESTEO GMBH: SNAPSHOT
TABLE 071. ATESTEO GMBH: BUSINESS PERFORMANCE
TABLE 072. ATESTEO GMBH: PRODUCT PORTFOLIO
TABLE 073. ATESTEO GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. BLUM-NOVOTEST GMBH: SNAPSHOT
TABLE 074. BLUM-NOVOTEST GMBH: BUSINESS PERFORMANCE
TABLE 075. BLUM-NOVOTEST GMBH: PRODUCT PORTFOLIO
TABLE 076. BLUM-NOVOTEST GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. KUKA AG: SNAPSHOT
TABLE 077. KUKA AG: BUSINESS PERFORMANCE
TABLE 078. KUKA AG: PRODUCT PORTFOLIO
TABLE 079. KUKA AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. MACCOR INC: SNAPSHOT
TABLE 080. MACCOR INC: BUSINESS PERFORMANCE
TABLE 081. MACCOR INC: PRODUCT PORTFOLIO
TABLE 082. MACCOR INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. BURKE PORTER GROUP: SNAPSHOT
TABLE 083. BURKE PORTER GROUP: BUSINESS PERFORMANCE
TABLE 084. BURKE PORTER GROUP: PRODUCT PORTFOLIO
TABLE 085. BURKE PORTER GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. FROUDE INC.: SNAPSHOT
TABLE 086. FROUDE INC.: BUSINESS PERFORMANCE
TABLE 087. FROUDE INC.: PRODUCT PORTFOLIO
TABLE 088. FROUDE INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 089. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 090. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 091. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET OVERVIEW BY VEHICLE TYPE
FIGURE 012. BEV MARKET OVERVIEW (2016-2028)
FIGURE 013. PHEV MARKET OVERVIEW (2016-2028)
FIGURE 014. HEV MARKET OVERVIEW (2016-2028)
FIGURE 015. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET OVERVIEW BY EQUIPMENT TYPE
FIGURE 016. BATTERY TEST MARKET OVERVIEW (2016-2028)
FIGURE 017. POWERTRAIN MARKET OVERVIEW (2016-2028)
FIGURE 018. EV COMPONENT MARKET OVERVIEW (2016-2028)
FIGURE 019. EV CHARGING MARKET OVERVIEW (2016-2028)
FIGURE 020. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 021. ELECTRIC VEHICLE TESTING EQUIPMENT MARKET OVERVIEW BY APPLICATION
FIGURE 022. PASSENGER CARS MARKET OVERVIEW (2016-2028)
FIGURE 023. COMMERCIAL VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 024. NORTH AMERICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. EUROPE ELECTRIC VEHICLE TESTING EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. ASIA PACIFIC ELECTRIC VEHICLE TESTING EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. MIDDLE EAST & AFRICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. SOUTH AMERICA ELECTRIC VEHICLE TESTING EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Electric Vehicle Testing Equipment Market research report is 2024-2032.
Arbin instruments,Atestep Gruh,AVL (Austria),Blum- Novotet Gmbh,Burke Portar Group,Chroma ATE ( Taiwan),Comemso electronics Gmbh,Dewesoft,Durr Group (Germany),Dynomerk Controls,FEV group GMBH,Froude, Inc,Horiba (Japan),KukaAG (Key Innovator),TUV Rheinland (Germany),Keysight Technologies (USA),National Instruments (NI) (USA),Siemens AG (Germany),Vector Informatik GmbH (Germany),Maccor, Inc. (USA),Other Key players
The Electric Vehicle Testing Equipment Market is segmented into Vehicle type, Equipment Type, Application, and region. By Vehicle Type, the market is categorized into BEV, PHEV, HEV. By Equipment Type, the market is categorized into Battery Test, Powertrain, EV Component, EV Charging, and Others. By Application, the market is categorized into *Passenger Cars, Commercial Vehicles. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Electric Vehicle Testing Equipment refers to a range of specialized tools, instruments, and systems used to assess, analyze, and validate the performance, safety, and compliance of electric vehicles (EVs) and their components. This equipment plays a crucial role in various stages of the electric vehicle development lifecycle, from research and development to manufacturing, certification, and aftermarket services.
Electric Vehicle Testing Equipment Market Size Was Valued at USD 51.6 Million in 2023 and is Projected to Reach USD 237.7 Million by 2032, Growing at a CAGR of 18.5% From 2024-2032.