Asia Pacific EV Testing Equipment Market Forecast to 2028

Report Code : BMIRE00025614 | Region : Asia Pacific | Industry : Automotive and Transportation | Published Date : 10/Aug/2022
Asia Pacific EV Testing Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – Vehicle Type (Passenger Car, Commercial Vehicle, and Low Speed Electric Vehicles), Equipment Type (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), Application (EV Component and Drivetrain System, EV charging, and Powertrain), and End Users (OEMs, Tier 1 Suppliers, Research and Academics, and Others)

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.

Asia Pacific EV Testing Equipment Market Revenue and Forecast to 2028 (US$ Million)

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.

The List of Companies - Asia Pacific EV Testing Equipment Market

● 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 OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners 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 Insight Partners

14.2 Word Index

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

The List of Companies - Asia Pacific EV Testing Equipment Market

● 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

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific EV testing equipment market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific EV testing equipment market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the EV testing equipment market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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