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Report Description

Report Description

The global electric vehicle testing services market is anticipated to witness a steady CAGR in the forecast period, 2023-2027. Growing demand for electric vehicles in developed and developing countries due to an increase in environmental concerns about harmful emissions into the environment is the primary driver for the global electric vehicle testing services market. Favorable government policies and support in the form of income tax rebates and subsidies to manufacturers and buyers of electric vehicles support the penetration of sustainable mobility solutions in their respective countries. Electric vehicle manufacturers are continuously investing in innovation and technological advancements to improve the function and performance of electric vehicles. The rapid launch of electric vehicles by the market players and the adoption of novel technologies are expected to fuel the demand for electric vehicle testing services to maintain the quality and performance of electric vehicles.

Massive Demand for Electric Vehicles Drives the Market Growth

Countries around the globe have set emission targets and are working to reduce vehicle emissions by 2030-2050. They are allocating funds for the development of electric vehicle charging infrastructure and are introducing regulations to attract electric vehicle manufacturing companies to set up their plants in their respective countries. Gasoline is a fossil fuel and is not a renewable source of energy, and is expected to get exhausted in the future. Transportation is a basic necessity and is a major source of pollution as ICE engines release harmful greenhouse emissions into the environment. Leading authorities are encouraging the adoption of electric vehicles in their countries to lower the alarming pollution levels and promote zero-emission vehicles. In India, Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) was amended to higher subsidies. The government increased the cap on electric two-wheeler vehicles from Rs. 10,000 to Rs. 15,000 per kWh. Similarly, in Saudi Arabia, the government has signed an agreement with Lucid Motors to purchase a minimum of 50,000 electric vehicles up to 100,000 electric vehicles over a ten-year period and announced initiatives like Saudi Green Initiative and Middle East Green Initiative. High-scale production and sales of electric vehicles is expected to accelerate the demand for the global electric vehicle testing services market growth over the next five years.

Technological Advancements in Electric Vehicle Boosts the Market Growth

The high-end investments by the electric vehicle manufacturers in the design and development the electric vehicles are expected to transform the electric vehicle industry. They are introducing autonomous and connected electric vehicle variants, which require complex and highly calibrated systems. Ongoing advancements in the electric vehicle architecture are increasing the amount of data flowing throughout the vehicle's electrical and electronic systems. The challenge faced by automotive engineers is the massive production of electric vehicles and the need to meet stringent quality norms set up by concerned authorities. They are working to produce safe and reliable electric vehicles to avoid any causalities during driving and ensure the safety of passengers, and electric vehicles are expected to accelerate the global electric vehicle testing services market growth over the forecast period.


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Market Segmentation

The global electric vehicle testing services market is segmented  into propulsion, vehicle type, testing type, regional distribution, and competitive landscape. Based on propulsion, the global electric vehicle testing services market is divided into BEV, HEV and PHEV. Based on vehicle type, the global electric vehicle testing services market is divided into two-wheeler, passenger car, LCV and M&HCV. Based on testing type, the global electric vehicle testing services market is divided into electrical safety testing, performance testing, conformance and interoperability testing, software testing, environmental & stress testing, functional safety testing, wireless testing, cyber security testing and others. To analyze the market based on the region, the global electric vehicle testing services market is studied in major regions namely North America, Asia-pacific, Europe, South America, Middle East, and Africa. In terms of country, the United States is expected to be a promising market in the forecast period owing to the presence of the highly advanced automotive industry and key players in the country.

Market Players

Tata Elxsi Limited, MET Laboratories, INC., International Centre for Automotive Technology, Vehicle Dynamics Lab, Unico, LLC., Mobile Power Solutions, Element Materials Technology, Dekra Certification B.V., BOLAB Systems, Dewesoft d.o.o., are the major market players operating in the global electric vehicle testing services market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Propulsion

·         Vehicle Type

·         Testing Type

Regional scope

North America; Asia Pacific; Europe; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; Egypt

Key companies profiled

Tata Elxsi Limited, MET Laboratories, INC., International Centre for Automotive Technology, Vehicle Dynamics Lab

Unico, LLC., Mobile Power Solutions, Element Materials Technology, Dekra Certification B.V., BOLAB Systems, Dewesoft d.o.o.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global electric vehicle testing services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Electric Vehicle Testing Services Market, By Propulsion:
    • BEV
    • HEV
    • PHEV
  • Electric Vehicle Testing Services Market, By Vehicle Type:
    • Two-Wheeler
    • Passenger Car
    • LCV
    • M&HCV
  • Electric Vehicle Testing Services Market, By Testing Type:
    • Electrical Safety Testing
    • Performance Testing
    • Conformance and Interoperability Testing
    • Software Testing
    • Environmental & Stress Testing
    • Functional Safety Testing
    • Wireless Testing
    • Cyber Security Testing
    • Others
  • Electric Vehicle Testing Services Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • Malaysia
      • Thailand
      • Indonesia
      • Vietnam
      • South Korea
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
      • Belgium
      • Russia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Turkey
      • Iran
      • Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global electric vehicle testing services market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global electric vehicle testing services market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

Table of content

1.    Service Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Electric Vehicle Testing Services Market

5.    Voice of Customer

5.1.  Factors Considered for Selection of Testing Center

5.2.  Brand Satisfaction Level

5.3.  Challenges/Unmet Needs

6.    Global Electric Vehicle Testing Services Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Propulsion (BEV, HEV, PHEV)

6.2.2.     By Vehicle Type (Two-Wheeler, Passenger Car, LCV, M&HCV)

6.2.3.     By Testing Type (Electrical Safety Testing, Performance Testing, Conformance and Interoperability Testing, Software Testing, Environmental & Stress Testing, Functional Safety Testing, Wireless Testing, Cyber Security Testing, Others)

6.2.4.     By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)

6.2.5.     By Company (2021)

6.3.  Product Market Map (By Propulsion, By Region)

7.    North America Electric Vehicle Testing Services Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Propulsion

7.2.2.     By Vehicle Type

7.2.3.     By Testing Type

7.2.4.     By Country (United States; Canada; Mexico)

7.3.  Product Market Map (By Propulsion, By Country)

7.4.  North America: Country Analysis

7.4.1.     United States Electric Vehicle Testing Services Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Propulsion

7.4.1.2.2.             By Vehicle Type

7.4.1.2.3.             By Testing Type

7.4.2.     Canada Electric Vehicle Testing Services Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Propulsion

7.4.2.2.2.             By Vehicle Type

7.4.2.2.3.             By Testing Type

7.4.3.     Mexico Electric Vehicle Testing Services Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Propulsion

7.4.3.2.2.             By Vehicle Type

7.4.3.2.3.             By Testing Type

8.    Asia Pacific Electric Vehicle Testing Services Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Propulsion

8.2.2.     By Vehicle Type

8.2.3.     By Testing Type

8.2.4.     By Country (China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea)

8.2.5.     Product Market Map (By Propulsion, By Country)

8.3.  Asia Pacific: Country Analysis

8.3.1.     China Electric Vehicle Testing Services Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Propulsion

8.3.1.2.2.             By Vehicle Type

8.3.1.2.3.             By Testing Type

8.3.2.     India Electric Vehicle Testing Services Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Propulsion

8.3.2.2.2.             By Vehicle Type

8.3.2.2.3.             By Testing Type

8.3.3.     Japan Electric Vehicle Testing Services Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Propulsion

8.3.3.2.2.             By Vehicle Type

8.3.3.2.3.             By Testing Type

8.3.4.     Malaysia Electric Vehicle Testing Services Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Propulsion

8.3.4.2.2.             By Vehicle Type

8.3.4.2.3.             By Testing Type

8.3.5.     Thailand Electric Vehicle Testing Services Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Propulsion

8.3.5.2.2.             By Vehicle Type

8.3.5.2.3.             By Testing Type

8.3.6.     Indonesia Electric Vehicle Testing Services Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Propulsion

8.3.6.2.2.             By Vehicle Type

8.3.6.2.3.             By Testing Type

8.3.7.     Vietnam Electric Vehicle Testing Services Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Propulsion

8.3.7.2.2.             By Vehicle Type

8.3.7.2.3.             By Testing Type

8.3.8.     South Korea Electric Vehicle Testing Services Market Outlook

8.3.8.1.         Market Size & Forecast

8.3.8.1.1.             By Value

8.3.8.2.         Market Share & Forecast

8.3.8.2.1.             By Propulsion

8.3.8.2.2.             By Vehicle Type

8.3.8.2.3.             By Testing Type

9.    Europe & CIS Electric Vehicle Testing Services Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Propulsion

9.2.2.     By Vehicle Type

9.2.3.     By Testing Type

9.2.4.     By Country (Germany, France, United Kingdom, Spain, Italy, Belgium, Russia)

9.3.  Product Market Map (By Propulsion, By Country)

9.4.  Europe & CIS: Country Analysis

9.4.1.     Germany Electric Vehicle Testing Services Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Propulsion

9.4.1.2.2.             By Vehicle Type

9.4.1.2.3.             By Testing Type

9.4.2.     France Electric Vehicle Testing Services Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Propulsion

9.4.2.2.2.             By Vehicle Type

9.4.2.2.3.             By Testing Type

9.4.3.     United Kingdom Electric Vehicle Testing Services Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Propulsion

9.4.3.2.2.             By Vehicle Type

9.4.3.2.3.             By Testing Type

9.4.4.     Spain Electric Vehicle Testing Services Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Propulsion

9.4.4.2.2.             By Vehicle Type

9.4.4.2.3.             By Testing Type

9.4.5.     Italy Electric Vehicle Testing Services Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Propulsion

9.4.5.2.2.             By Vehicle Type

9.4.5.2.3.             By Testing Type

9.4.6.     Belgium Electric Vehicle Testing Services Market Outlook

9.4.6.1.         Market Size & Forecast

9.4.6.1.1.             By Value

9.4.6.2.         Market Share & Forecast

9.4.6.2.1.             By Propulsion

9.4.6.2.2.             By Vehicle Type

9.4.6.2.3.             By Testing Type

9.4.7.     Russia Electric Vehicle Testing Services Market Outlook

9.4.7.1.         Market Size & Forecast

9.4.7.1.1.             By Value

9.4.7.2.         Market Share & Forecast

9.4.7.2.1.             By Propulsion

9.4.7.2.2.             By Vehicle Type

9.4.7.2.3.             By Testing Type

10.  South America Electric Vehicle Testing Services Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Propulsion

10.2.2.  By Vehicle Type

10.2.3.  By Testing Type

10.2.4.  By Country (Brazil, Argentina, Colombia)

10.3.              Product Market Map (By Propulsion, By Country)

10.4.              South America: Country Analysis

10.4.1.  Brazil Electric Vehicle Testing Services Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Propulsion

10.4.1.2.2.           By Vehicle Type

10.4.1.2.3.           By Testing Type

10.4.2.  Argentina Electric Vehicle Testing Services Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Propulsion

10.4.2.2.2.           By Vehicle Type

10.4.2.2.3.           By Testing Type

10.4.3.  Colombia Electric Vehicle Testing Services Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Propulsion

10.4.3.2.2.           By Vehicle Type

10.4.3.2.3.           By Testing Type

11.  Middle East and Africa Electric Vehicle Testing Services Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Propulsion

11.2.2.  By Vehicle Type

11.2.3.  By Testing Type

11.2.4.  By Country (South Africa, Turkey, Iran, Egypt)

11.3.              Product Market Map (By Propulsion, By Country)

11.4.              Middle East and Africa: Country Analysis

11.4.1.  South Africa Electric Vehicle Testing Services Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Propulsion

11.4.1.2.2.           By Vehicle Type

11.4.1.2.3.           By Testing Type

11.4.2.  Turkey Electric Vehicle Testing Services Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Propulsion

11.4.2.2.2.           By Vehicle Type

11.4.2.2.3.           By Testing Type

11.4.3.  Iran Electric Vehicle Testing Services Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Propulsion

11.4.3.2.2.           By Vehicle Type

11.4.3.2.3.           By Testing Type

11.4.4.  Egypt Electric Vehicle Testing Services Market Outlook

11.4.4.1.      Market Size & Forecast

11.4.4.1.1.           By Value

11.4.4.2.      Market Share & Forecast

11.4.4.2.1.           By Propulsion

11.4.4.2.2.           By Vehicle Type

11.4.4.2.3.           By Testing Type

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends and Developments

14.  Global EV Testing Standards

15.  Competitive Landscape

15.1.              Company Profiles (Partial List of Leading Companies)

15.1.1.  Tata Elxsi Limited

15.1.2.  MET Laboratories, INC.

15.1.3.  International Centre for Automotive Technology

15.1.4.  Vehicle Dynamics Lab

15.1.5.  Unico, LLC.

15.1.6.  Mobile Power Solutions

15.1.7.  Element Materials Technology

15.1.8.  Dekra Certification B.V.

15.1.9.  BOLAB Systems

15.1.10.  Dewesoft d.o.o.

 16. Strategic Recommendations

Figures and Tables

Frequently asked questions

Frequently asked questions

Growing demand for electric vehicles in developed and developing countries, favorable government policies, and technological advancements in electric vehicles drive the demand for the global electric vehicle testing services market.

Tata Elxsi Limited, MET Laboratories, INC., International Centre for Automotive Technology, Vehicle Dynamics Lab, Unico, LLC., Mobile Power Solutions, Element Materials Technology, Dekra Certification B.V., BOLAB Systems, Dewesoft d.o.o. are the key players operating in the global electric vehicle testing services market.

The high cost associated with electric vehicle test equipment may hinder the market growth over the forecast period

Based on vehicle type, the market is divided into two-wheeler, passenger car, LCV, and M&HCV. Passenger car is expected to hold the largest market share in the forecast period.

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