Global Electric Vehicle Testing, Inspection and Certification Market Research Report: Forecast (2021-2026)

By Product Type (Service Type (Testing, Inspection, Certification), By Sourcing Type (In-House, Outsourced)), By Application (Safety and Security, Connectors, Communication, EV Cha......rging), By Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa), By Countries (US, Canada, Mexico, Brazil, Germany, France, UK, Italy, UAE, Saudi Arabia, South Africa, China, India, South Korea, Australia, Japan), By Competitors (DEKRA SE, TUV SUD, SGS Group, Applus Services S.A., Bureau Veritas S.A, Intertek Group PLC, Eurofins Scientific, British Standards Institution, Rina S.P.A., TUV Rheinland Group, Norges Elektriske Materiellkontroll, NSF International, Lloyd's Register Group Limited, UL LLC, Element Materials Technology, Others) Read more

  • Automotive
  • Aug 2021
  • 211
  • PDF, Excel, PPT

With the increasing adoption of Electric Vehicles (EVs), the demand for EV Testing, Inspection, & Certification (TIC) is also rising significantly. It is primarily to ensure the safety & conformity of EVs at the full-vehicle & component level. 

The Global Electric Vehicle Testing, Inspection, and Certification Market is projected to grow at a CAGR of around 15.21% during the forecast period, i.e., 2021-26, says MarkNtel Advisors. Technological advancements and the increasing complexity of automobile subsystems have paved the way for EVs. However, these vehicles come with complete parts that might pose potential risks of failure and become fatal for automobile users. 

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 15.21%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, The UK, Germany, France, Italy 
Asia-Pacific: China, India, Japan, South Korea, Australia and Others
South America: Brazil, and Others
Middle East & Africa:  UAE, Saudi Arabia, South Africa
Key Companies Profiled DEKRA SE, TUV SUD, SGS Group, Applus Services S.A., Bureau Veritas S.A, Intertek Group PLC, Eurofins Scientific, British Standards Institution, Rina S.P.A., TUV Rheinland Group, Norges Elektriske Materiellkontroll, NSF International, Lloyd's Register Group Limited, UL LLC, Element Materials Technology, Others
Unit Denominations USD Million/Billion

 

Therefore, EVs must endure the formal testing, inspection, and certification process before becoming accessible to the general public. Hence, the demand for TIC is increasing significantly across the world.

Furthermore, the rising occurrence of vehicle recall due to component failures, coupled with increasing EV production across emerging economies, shall also fuel the market growth in the forecast period, further states the research report, "Global Electric Vehicle Testing, Inspection, and Certification Market Analysis, 2021."

Covid-19 Mildly Impacted the Global Electric Vehicle Testing, Inspection, and Certification Market

Last year, the Covid-19 pandemic negatively impacted almost all industries, where the automotive industry was the most affected. It further mildly hampered the EV industry and Global Electric Vehicle Testing, Inspection, and Certification Market later.

The initial quarter was the toughest for the market due to the stringent norms on movement imposed by the government to combat the virus. Yet, market players introduced new modes to sustain amidst the crisis. The market swiftly adopted digitization to conduct the TIC services and remote EV inspection. It also created significant growth opportunities for market players. Hence, with the gradual upliftment of restrictions, the market is expected to expand & regain its usual pace in the coming years. 

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Definition  
  2. Executive Summary
  3. Impact of COVID-19 on Global Electric Vehicle Testing, Inspection and Certification Market
  4. Global Electric Vehicle Testing, Inspection and Certification Market Regulations & Policy
  5. Global Electric Vehicle Testing, Inspection and Certification Market Trends & Insights
  6. Global Electric Vehicle Testing, Inspection and Certification Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Electric Vehicle Testing, Inspection and Certification Market Hotspots & Opportunities
  8. Global Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
        1. Service Type
          1. Testing
          2. Inspection
          3. Certification
        2. By Sourcing Type
          1. In-House
          2. Outsourced
      2. By Application
        1. Safety and Security
        2. Connectors
        3. Communication
        4. EV Charging
      3. By Region
        1. North America
        2. South America
        3. Europe
        4. Asia Pacific
        5. Middle East and Africa
      4. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Matrix
  9. North America Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
      3. By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. The U.S. Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product
        2. By Application
    4. Canada Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product
        2. By Application
    5. Mexico Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product
        2. By Application
  10. South America Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
      3. By Country
        1. Brazil
        2. Others
    3. Brazil Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product
        2. By Application
  11. Europe Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
      3. By Country
        1. The U.K.
        2. Germany
        3. France
        4. Italy
        5. Others
    3. The U.K. Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product
        2. By Application
    4. Germany Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product
        2. By Application
    5. France Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product
        2. By Application
    6. Italy Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Product
        2. By Application
  12. Asia-Pacific Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
    3. By Country
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Australia
      6. Others
  13. China Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
  14. India Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
  15. Japan Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
  16. South Korea Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
  17. Australia Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
  18. Middle East and Africa Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
    3. By Country
      1. UAE
      2. Saudi Arabia
      3. South Africa
      4. Others
  19. UAE Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
  20. Saudi Arabia Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
  21. South Africa Electric Vehicle Testing, Inspection and Certification Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product
      2. By Application
  22. Global Electric Vehicle Testing, Inspection and Certification Market Key Strategic Imperatives for Success and Growth
  23. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. DEKRA SE
      2. TUV SUD
      3. SGS Group
      4. Applus Services S.A.
      5. Bureau Veritas S.A
      6. Intertek Group PLC
      7. Eurofins Scientific
      8. British Standards Institution
      9. Rina S.P.A.
      10. TUV Rehinland Group
      11. Norges Elektriske Materiellkontroll
      12. NSF International
      13. Lloyd's Register Group Limited
      14. UL LLC
      15. Element Materials Technology
      16. Others
  24. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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