Market Overview:
MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Electric Vehicle Testing, Inspection and Certification Market, 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. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Electric Vehicle Testing, Inspection and Certification Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.
Industry Outlook & Forecasts:
- Forecast Period: 2021-2026
- CAGR (2021-2026): 15.21%
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Global Electric Vehicle Testing, Inspection and Certification Market Segmentation Breakdown:
The Electric Vehicle Testing, Inspection and Certification Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
By Product
- Service Type
- Testing
- Inspection
- Certification
- By Sourcing Type
- In-House
- Outsourced
By Application
- Safety and Security
- Connectors
- Communication
- EV Charging
Geographical Growth Insights:
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Geographically, the market expands across North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Of them all, Asia-Pacific is projected to dominate the market with the largest share in the forecast period.
MarkNtel Advisors Highlights Key Market Drivers for Electric Vehicle Testing, Inspection and Certification Market:
The key factors that shall drive the Global Electric Vehicle Testing, Inspection, and Certification Market in the forecast period include the increasing inclination of the governments across different nations toward imposing regulatory standards for EVs, growing EV sales, and digitalization of TIC processes for EVs.
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A Comprehensive Analysis of Leading Companies in Global Electric Vehicle Testing, Inspection and Certification Market
- 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 Rehinland Group
- Norges Elektriske Materiellkontroll
- NSF International
- Lloyd’s Register Group Limited
- UL LLC
- Element Materials Technology
- Others
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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