Global Cable Testing and Certification Market to Reach $23.3 Billion by 2030
The global market for Cable Testing and Certification estimated at US$13.7 Billion in the year 2022, is projected to reach a revised size of US$23.3 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030. Routine, one of the segments analyzed in the report, is projected to record 7.6% CAGR and reach US$10 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Sample segment is readjusted to a revised 6.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 11.7% CAGR
The Cable Testing and Certification market in the U.S. is estimated at US$3.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.6 Billion by the year 2030 trailing a CAGR of 11.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.Select Competitors (Total 33 Featured) -
- ALS
- Applus
- Bre Group
- British Approvals Service for Cables (Basec)
- Bureau Veritas
- Central Power Research Institute (CPRI)
- Cesi
- Dekra
- DNV GL (Kema Laboratories)
- Eland Cables
- Eurofins Scientific
- Industrial Tests
- Intertek
- Japan Electric Cable Technology Center (Jectec)
- Kinectrics
- North Central Electric
- Rn Electronics
- SGS
- TUV Nord
- Tüv Rheinland
- Tüv Süd
- Underwriters Laboratories (UL)
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ALS
- Applus
- Bre Group
- British Approvals Service for Cables (Basec)
- Bureau Veritas
- Central Power Research Institute (CPRI)
- Cesi
- Dekra
- DNV GL (Kema Laboratories)
- Eland Cables
- Eurofins Scientific
- Industrial Tests
- Intertek
- Japan Electric Cable Technology Center (Jectec)
- Kinectrics
- North Central Electric
- Rn Electronics
- SGS
- TUV Nord
- Tüv Rheinland
- Tüv Süd
- Underwriters Laboratories (UL)
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 13.7 Billion |
Forecasted Market Value ( USD | $ 23.3 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |