The Global EV Test Equipment Market size was estimated at USD 45.51 million in 2022 and expected to reach USD 57.65 million in 2023, at a CAGR 26.80% to reach USD 304.34 million by 2030.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global EV Test Equipment Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global EV Test Equipment Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
This research report categorizes the Global EV Test Equipment Market in order to forecast the revenues and analyze trends in each of following sub-markets:- Based on Equipment Type, market is studied across Battery Test Equipment, Chassis Dynamometer, Engine Dynamometer, EV Drive Train Test, Fuel Injection Pump Tester, Inverter Tester, Motor Test Equipment, On-Board Charger, and Transmission Dynamometer. The Fuel Injection Pump Tester is projected to witness significant market share during forecast period.
- Based on Vehicle Type, market is studied across Commercial Vehicle and Passenger Car. The Commercial Vehicle is projected to witness significant market share during forecast period.
- Based on Electric Vehicle Type, market is studied across Battery Electric Vehicles and Hybrid Electric Vehicle. The Battery Electric Vehicles is projected to witness significant market share during forecast period.
- Based on Application Type, market is studied across EV Charging, EV Component & Drivetrain System, and Powertrain. The Powertrain is projected to witness significant market share during forecast period.
- Based on Ownership, market is studied across Completely Owned and Rental. The Completely Owned is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.74% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Global EV Test Equipment Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global EV Test Equipment Market, including Applus Servicios Tecnológicos, S.L.U., Arbin Instruments, Atesteo GmbH, AVL List GmbH, Blum-Novotest Gmbh, Burke Porter Group, Chroma ATE, Dewesoft, Element Materials Technology by Temasek, FEV Group GmbH, Horiba Ltd., Intertek, Keysight Technologies, Kuka AG, and SGS SA.The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global EV Test Equipment Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global EV Test Equipment Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global EV Test Equipment Market?
- What is the competitive strategic window for opportunities in the Global EV Test Equipment Market?
- What are the technology trends and regulatory frameworks in the Global EV Test Equipment Market?
- What is the market share of the leading vendors in the Global EV Test Equipment Market?
- What modes and strategic moves are considered suitable for entering the Global EV Test Equipment Market?
Frequently Asked Questions about the Global EV Test Equipment Market
What is the estimated value of the Global EV Test Equipment Market?
What is the growth rate of the Global EV Test Equipment Market?
What is the forecasted size of the Global EV Test Equipment Market?
Who are the key companies in the Global EV Test Equipment Market?
Report Attribute | Details |
---|---|
No. of Pages | 242 |
Published | May 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 45.51 Million |
Forecasted Market Value ( USD | $ 304.34 Million |
Compound Annual Growth Rate | 26.8% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. EV Test Equipment Market, by Equipment Type
7. EV Test Equipment Market, by Vehicle Type
8. EV Test Equipment Market, by Electric Vehicle Type
9. EV Test Equipment Market, by Application Type
10. EV Test Equipment Market, by Ownership
11. Americas EV Test Equipment Market
12. Asia-Pacific EV Test Equipment Market
13. Europe, Middle East & Africa EV Test Equipment Market
14. Competitive Landscape
15. Company Usability Profiles
16. Appendix
List of Figures
List of Tables
Companies Mentioned
- Applus Servicios Tecnológicos, S.L.U.
- Arbin Instruments
- Atesteo GmbH
- AVL List GmbH
- Blum-Novotest Gmbh
- Burke Porter Group
- Chroma ATE
- Dewesoft
- Element Materials Technology by Temasek
- FEV Group GmbH
- Horiba Ltd.
- Intertek
- Keysight Technologies
- Kuka AG
- SGS SA
Methodology
LOADING...