Increasing demand for EVs in countries across the globe and need for improvement of manufacturing standards are other factors driving need for EV testing, inspection, and certification. Electric vehicle Testing, Inspection, and Certification (TIC) is a set of services that help to improve standards of manufacturing and quality of EVs in a specific region as per regional statutory regulatory bodies. TIC ensures safety of users, equipment, infrastructure, and environment as well. As a result, governments of various countries are implementing stringent regulatory norms related to electric vehicle testing. This is expected to continue to boost electric vehicle testing, inspection, and certification market revenue growth during the forecast period.

Analysts employ Porter’s five forces analysis, SWOT analysis, and PESTLE analysis to decipher the course that key vendors will prefer in the coming years. The research report also provides the financial footing of the vendors, market growth strategies, along with the expansion plans of businesses in the coming years. Industry experts have verified all information encompassed in the global electric vehicle testing inspection and certification market research report.

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The Global Electric Vehicle Testing, Inspection, and Certification Market research study published by Emergen Research is an extensive collection of insightful information about the Electric Vehicle Testing, Inspection, and Certification industry. The report covers the Electric Vehicle Testing, Inspection, and Certification Market segmentation along with a detailed outline of the Electric Vehicle Testing, Inspection, and Certification market size with regards to volume and valuation. The report provides comprehensive coverage of the Electric Vehicle Testing, Inspection, and Certification market scenario for the current period and forecast timeline of 2020-2027. The Electric Vehicle Testing, Inspection, and Certification market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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The key companies studied in the report are:

DEKRA SE, TÜV SÜD, SGS Group, Applus Services S.A., Bureau Veritas S.A., Intertek Group PLC, Eurofins Scientific, British Standards Institution, TUV Rehinland Group, and Norges Elektriske Materiellkontroll.

Emergen Research has segmented the global electric vehicle testing, inspection, and certification market on the basis of application, service types, sourcing, and region:

Application Outlook (Revenue, USD Million, 2018–2028)

  • Safety and Security
  • Connectors
  • Communication
  • Electric Vehicle (EV) Charging

Service Types Outlook (Revenue, USD Million, 2018–2028)

  • Testing
    1. Testing Parameters
      1. Mechanical
      2. Temperature
      3. Electrical
    2. Conditions in Testing
  • Inspection
  • Certification

Sourcing Outlook (Revenue, USD Million, 2018–2028)

  • In-House
  • Outsourcing

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

The report addresses the following key points:

  • The report estimates the expected market size from 2020-2027
  • The report provides a forecast of market drivers, restraints, and future opportunities for the Electric Vehicle Testing, Inspection, and Certification market
  • The report further analyses the changing market dynamics
  • Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
  • Extensive competitive landscape mapping with profiles of the key competitors
  • In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
  • Revenue forecast, country scope, application insights, and product insights

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