The EV testing equipment market in Asia Pacific is expected to grow from US$19,691.70 million in 2021 to US$ 71,202.88 million by 2028; it is estimated to grow at a CAGR of 21.1% from 2021 to 2028
Innovative charging station technologies such as turbocharging, terra HP charging, smart charging systems, wireless power transmission, and bi-directional chargers are being developed by EV charging station firms. Such advancements in electric vehicle charging systems necessitate improved testing techniques. Testing systems for EV charging stations are available from ROLEC, DEKRA, and TUV Rheinland. Smart charging is one of the most advanced charging systems. Smart charging allows load balancing and proportional distribution of available power capacity across all active charging stations. It also facilitates the collection of critical charging data from various stations using a single cloud-based management platform. Furthermore, peak shaving prevents unnecessary costs by lowering or interrupting a charging session if the power consumption exceeds a certain threshold. Validation through testing equipment is essential to assure the proper operation of such sophisticated charging systems. As a result, rising R&D in charging stations will likely boost demand for EV test equipment.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific EV testing equipment market at a substantial CAGR during the forecast period.
National Instruments Corporation; Horiba Ltd.; Arbin Instruments; Maccor Inc.; Keysight Technologies, Inc.; Froude, Inc.; Dynomerk Controls; Durr Group; Tüv Rheinland; Intertek Group Plc.; Toyo system co., ltd.; and Wonik Pne Co., Ltd. are among some of the leading companies in the Asia Pacific EV testing equipment market.
Innovative charging station technologies such as turbocharging, terra HP charging, smart charging systems, wireless power transmission, and bi-directional chargers are being developed by EV charging station firms. Such advancements in electric vehicle charging systems necessitate improved testing techniques. Testing systems for EV charging stations are available from ROLEC, DEKRA, and TUV Rheinland. Smart charging is one of the most advanced charging systems. Smart charging allows load balancing and proportional distribution of available power capacity across all active charging stations. It also facilitates the collection of critical charging data from various stations using a single cloud-based management platform. Furthermore, peak shaving prevents unnecessary costs by lowering or interrupting a charging session if the power consumption exceeds a certain threshold. Validation through testing equipment is essential to assure the proper operation of such sophisticated charging systems. As a result, rising R&D in charging stations will likely boost demand for EV test equipment.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific EV testing equipment market at a substantial CAGR during the forecast period.
Asia Pacific EV Testing Equipment Market Segmentation
The Asia Pacific EV testing equipment market is segmented on the basis of vehicle type, equipment type, application, and country. Based on vehicle type, the market is segmented into passenger car, commercial vehicle, and low speed electric vehicles. In 2021, the passenger car segment held the largest market; and it is expected to register the highest CAGR during the forecast period. Based on equipmenmt type, the Asia Pacific EV testing equipment market is segmented into battery test equipment, motor test equipment, engine dynamometer, chassis dynamometer, transmission dynamometer, fuel injection pump tester, inverter tester, EV drivetrain test, on-board charger, and AC/DC EVSE. In 2021, the battery test equipment segment held the largest market share; and it is also expected to register the highest CAGR in the market during the forecast period. Based on application, the market is segmented into EV component and drivetrain system, EV charging, and powertrain. In 2021, the powertrain segment held the largest market share;. Based on end-users, the market is segmented into OEMs, tier 1 suppliers, research and academics, and others. In 2021, the tier 1 suppliers segment held a larger share of the market; and it is also expected to register a higher CAGR during the forecast period. Based on country, the Asia Pacific EV testing equipment market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC. In 2021, China held the largest market share; and Japan is expected to grow at the fastest CAGR during the forecast period.National Instruments Corporation; Horiba Ltd.; Arbin Instruments; Maccor Inc.; Keysight Technologies, Inc.; Froude, Inc.; Dynomerk Controls; Durr Group; Tüv Rheinland; Intertek Group Plc.; Toyo system co., ltd.; and Wonik Pne Co., Ltd. are among some of the leading companies in the Asia Pacific EV testing equipment market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific EV Test Equipment Market - By Vehicle Type
1.3.2 Asia Pacific EV Test Equipment Market - By Equipment Type
1.3.3 Asia Pacific EV Test Equipment Market - By Application
1.3.4 Asia Pacific EV Test Equipment Market - By End-Users
1.3.5 Asia Pacific EV Test Equipment Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific EV Test Equipment Market Landscape
4.1 Market Overview
4.3 PEST Analysis
4.4 Ecosystem Analysis
4.5 Expert Opinion
5. Asia Pacific EV Test Equipment Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Elevating Production and Sales of EVs
5.1.2 Growing Support from Governments
5.2 Market Restraints
5.2.1 Excessive Cost EV Testing Equipment
5.3 Market Opportunities
5.3.1 Advancing Integration of New Technologies
5.4 Future Trends
5.4.1 Smart Charging and Connected Infrastructure
5.5 Impact Analysis of Drivers and Restraints
6. Asia Pacific EV Test Equipment Market Analysis
6.1 Asia Pacific EV Test Equipment Market Overview
6.2 Asia Pacific EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific EV Test Equipment Market Analysis - By Vehicle Type
7.1 Overview
7.2 Asia Pacific EV Test Equipment Market, by Vehicle Type
7.3 Passenger Car
7.3.1 Overview
7.3.2 Passenger Car: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Commercial Vehicle
7.4.1 Overview
7.4.2 Commercial Vehicle: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Low Speed Electric Vehicles
7.5.1 Overview
7.5.2 Low Speed Electric Vehicles: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific EV Test Equipment Market - By Equipment Type
8.1 Overview
8.2 Asia Pacific EV Test Equipment Market, by Equipment Type
8.3 Battery Test Equipment
8.3.1 Overview
8.3.2 Battery Test Equipment: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Motor Test Equipment
8.4.1 Overview
8.4.2 Motor Test Equipment: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Engine Dynamometer
8.5.1 Overview
8.5.2 Engine Dynamometer: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Chassis Dynamometer
8.6.1 Overview
8.6.2 Chassis Dynamometer: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Transmission Dynamometer
8.7.1 Overview
8.7.2 Transmission Dynamometer: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.8 Fuel Injection Pump Tester
8.8.1 Overview
8.8.2 Fuel Injection Pump Tester: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.9 Inverter Tester
8.9.1 Overview
8.9.2 Inverter Tester: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.10 EV Drivetrain Test
8.10.1 Overview
8.10.2 EV Drivetrain Test: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.11 On-Board Charger
8.11.1 Overview
8.11.2 On-Board Charger: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.12 AC/DC EVSE
8.12.1 Overview
8.12.2 AC/DC EVSE: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific EV Test Equipment Market - By Application
9.1 Overview
9.2 Asia Pacific EV Test Equipment Market, by Application
9.3 EV Component and Drivetrain System
9.3.1 Overview
9.3.2 EV Component and Drivetrain System: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9.4 EV charging
9.4.1 Overview
9.4.2 EV charging: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Powertrain
9.5.1 Overview
9.5.2 Powertrain: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10. Asia pacific EV Test Equipment Market - By End-Users
10.1 Overview
10.2 Asia pacific EV Test Equipment Market, by End Users
10.3 OEMs
10.3.1 Overview
10.3.2 OEMs: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Tier 1 Suppliers
10.4.1 Overview
10.4.2 Tier 1 Suppliers: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Research and Academics
10.5.1 Overview
10.5.2 Research and Academics: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
11. Asia Pacific EV Test Equipment Market - Country Analysis
11.1 Overview
11.1.1 Asia Pacific EV Test Equipment Market, by Key Country
11.1.1.1 Australia: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Australia: EV Test Equipment Market, by Equipment Type
11.1.1.1.2 Australia: EV Test Equipment Market, by Application
11.1.1.1.3 Australia: EV Test Equipment Market, by End Users
11.1.1.2 China: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 China: EV Test Equipment Market, by Vehicle Type
11.1.1.2.2 China: EV Test Equipment Market, by Equipment Type
11.1.1.2.3 China: EV Test Equipment Market, by Application
11.1.1.2.4 China: EV Test Equipment Market, by End Users
11.1.1.3 India: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 India: EV Test Equipment Market, by Vehicle Type
11.1.1.3.2 India: EV Test Equipment Market, by Equipment Type
11.1.1.3.3 India: EV Test Equipment Market, by Application
11.1.1.3.4 India: EV Test Equipment Market, by End Users
11.1.1.4 Japan: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Japan: EV Test Equipment Market, by Vehicle Type
11.1.1.4.2 Japan: EV Test Equipment Market, by Equipment Type
11.1.1.4.3 Japan: EV Test Equipment Market, by Application
11.1.1.4.4 Japan: EV Test Equipment Market, by End Users
11.1.1.5 South Korea: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 South Korea: EV Test Equipment Market, by Vehicle Type
11.1.1.5.2 South Korea: EV Test Equipment Market, by Equipment Type
11.1.1.5.3 South Korea: EV Test Equipment Market, by Application
11.1.1.5.4 South Korea: EV Test Equipment Market, by End Users
11.1.1.6 Rest of APAC: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of APAC: EV Test Equipment Market, by Vehicle Type
11.1.1.6.2 Rest of APAC: EV Test Equipment Market, by Equipment Type
11.1.1.6.3 Rest of APAC: EV Test Equipment Market, by Application
11.1.1.6.4 Rest of APAC: EV Test Equipment Market, by End Users
12. EV test Equipment Market - Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. Company Profiles
13.1 National Instruments Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Horiba Ltd.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Arbin Instruments
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Maccor Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 KEYSIGHT TECHNOLOGIES, INC.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Froude, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Dynomerk Controls
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Durr Group
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 TÜV RHEINLAND
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 INTERTEK GROUP PLC
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 TOYO SYSTEM CO., LTD
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 WONIK PNE CO., LTD
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Word Index
List of Figures
Figure 1. Asia Pacific EV Test Equipment Market Segmentation
Figure 2. Asia Pacific EV Test Equipment Market Segmentation - By Country
Figure 3. Asia Pacific EV Test Equipment Market Overview
Figure 4. Asia Pacific EV Test Equipment Market, By Vehicle Type
Figure 5. Asia Pacific EV Test Equipment Market, By Country
Figure 6. Asia Pacific: PEST Analysis
Figure 7. Expert Opinion
Figure 8. Asia Pacific EV Test Equipment Market: Impact Analysis of Drivers and Restraints
Figure 9. Asia Pacific EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. Asia Pacific EV Test Equipment Market Revenue Share, by Vehicle Type (2021 & 2028)
Figure 11. Passenger Car: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Commercial Vehicle: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Low Speed Electric Vehicles: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Asia Pacific EV Test Equipment Market Revenue Share, by Equipment Type (2021 & 2028)
Figure 15. Battery Test Equipment: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Motor Test Equipment: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Engine Dynamometer: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Chassis Dynamometer: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Transmission Dynamometer: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Fuel Injection Pump Tester: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Inverter Tester: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. EV Drivetrain Test: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. On-Board Charger: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. AC/DC EVSE: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Asia Pacific EV Test Equipment Market Revenue Share, by Application (2021 & 2028)
Figure 26. EV Component and Drivetrain System: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. EV charging: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Powertrain: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Asia pacific EV Test Equipment Market Revenue Share, by End Users (2021 & 2028)
Figure 30. OEMs: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Tier 1 Suppliers: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Research and Academics: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Others: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Geographic Overview of Asia Pacific EV Test Equipment Market
Figure 35. Asia Pacific EV Test Equipment Market Revenue Share, by Key Country (2021 & 2028)
Figure 36. Australia: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 37. China: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 38. India: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 39. Japan: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. South Korea: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 41. Rest of APAC: EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)List of Tables
Table 1. Asia Pacific EV Test Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific EV Test Equipment Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: EV Test Equipment Market, by Vehicle Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: EV Test Equipment Market, by Equipment Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: EV Test Equipment Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. Australia: EV Test Equipment Market, by End Users - Revenue and Forecast to 2028 (US$ Million)
Table 7. China: EV Test Equipment Market, by Vehicle Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. China: EV Test Equipment Market, by Equipment Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. China: EV Test Equipment Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 10. China: EV Test Equipment Market, by End Users - Revenue and Forecast to 2028 (US$ Million)
Table 11. India: EV Test Equipment Market, by Vehicle Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. India: EV Test Equipment Market, by Equipment Type - Revenue and Forecast to 2028 (US$ Million)
Table 13. India: EV Test Equipment Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 14. India: EV Test Equipment Market, by End Users - Revenue and Forecast to 2028 (US$ Million)
Table 15. Japan: EV Test Equipment Market, by Vehicle Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. Japan: EV Test Equipment Market, by Equipment Type - Revenue and Forecast to 2028 (US$ Million)
Table 17. Japan: EV Test Equipment Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 18. Japan: EV Test Equipment Market, by End Users - Revenue and Forecast to 2028 (US$ Million)
Table 19. South Korea: EV Test Equipment Market, by Vehicle Type - Revenue and Forecast to 2028 (US$ Million)
Table 20. South Korea: EV Test Equipment Market, by Equipment Type - Revenue and Forecast to 2028 (US$ Million)
Table 21. South Korea: EV Test Equipment Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 22. South Korea: EV Test Equipment Market, by End Users - Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of APAC: EV Test Equipment Market, by Vehicle Type - Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of APAC: EV Test Equipment Market, by Equipment Type - Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of APAC: EV Test Equipment Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of APAC: EV Test Equipment Market, by End Users - Revenue and Forecast to 2028 (US$ Million)
Table 27. List of Abbreviation
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Some of the leading companies are:
- National Instruments Corporation
- Horiba Ltd.
- Arbin Instruments
- Maccor Inc.
- KEYSIGHT TECHNOLOGIES, INC.
- Froude, Inc.
- Durr Group
- TÜV RHEINLAND
- INTERTEK GROUP PLC
- WONIK PNE CO., LTD
- Toyo system co., ltd
- Dynomerk Controls
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 158 |
| Published | August 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 19691.7 Million |
| Forecasted Market Value ( USD | $ 71202.88 Million |
| Compound Annual Growth Rate | 21.1% |
| Regions Covered | Asia Pacific |
