Europe EV Testing Equipment Market Forecast to 2028

Report Code : BMIRE00025618 | Region : Europe | Industry : Automotive and Transportation | Published Date : 10/Aug/2022
Europe 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 Europe is expected to grow from US$7,636.78 million in 2021 to US$ 24,921.01 million by 2028.

The rising concern regarding the transportation sector's impact on the environment led to an unprecedented requirement of decarbonizing transportation to meet climate goals and limit global warming, thereby increasing the adoption of low carbon technology in the transportation sector. The rising concerns about the adverse impact of transportation-related emissions and the shift of consumer behavior toward zero-emission vehicles resulted in a significant increase in the adoption of light-duty passenger vehicles across the region, especially in strong economies such as the European region. The share of new passenger EVs has risen at an average of nearly 50% per year since 2015. In 2021, the sales of electric vehicles surged by 160%. Europe witnessed the largest annual increase to reach 3.2 million electric passenger vehicles. Additionally, the constantly rising demand for electric vehicles is fueled by huge investments made by automotive giants in developing, developing, and producing electric vehicles. For instance, General Motors, Volkswagen, Volvo, BMW, Nissan, and Audi have collectively invested approximately US$ 150 billion in manufacturing electric vehicles and launched new models throughout 2020–2021. Furthermore, with the fall in prices of EVs and the availability of a greater number of models, electric vehicle production is set for exponential growth in various countries, subject to countries’ overall economic growth and policy support from the government. The growing demand for battery-powered and hybrid vehicles drives market expansion. Battery testing, e-drive testing, power electronics test systems, dynamometers, motor testing, and charger testing systems are all types of EV test equipment. Original equipment manufacturers (OEMs) included numerous battery packs, vehicle electronic components, and improved charging stations in electric vehicles as of 2021, driving the market growth. Advanced testing equipment/platforms for EV charging stations are offered by DEKRA, TUV Rheinland, and Intertek. Apart from the rising production of electric vehicles, autonomous vehicle testing has increased rapidly, likely contributing to market growth.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe EV testing equipment market at a substantial CAGR during the forecast period.

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

Europe EV Testing Equipment Market Segmentation

The Europe 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 Europe 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 Europe EV testing equipment market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. In 2021, Germany held the largest market share; and it 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.; Comemso electronics GmbH; 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 Europe EV testing equipment market.

The List of Companies - Europe EV Testing Equipment Market

● Some of the leading companies are:

● National Instruments Corporation

● Horiba Ltd.

● Arbin Instruments

● Maccor Inc.  

● KEYSIGHT TECHNOLOGIES, INC.           

● Froude, Inc.                                             

● Comemso electronics GmbH                      

● Durr Group

● TÜV RHEINLAND

● INTERTEK GROUP PLC

● WONIK PNE CO., LTD

● Toyo system co., ltd

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe EV Test Equipment Market – By Vehicle Type

1.3.2 Europe EV Test Equipment Market – By Equipment Type

1.3.3 Europe EV Test Equipment Market – By Application

1.3.4 EV Test Equipment Market – By End-Users

1.3.5 Europe EV Test Equipment Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe EV Test Equipment Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe EV Test Equipment Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Extending Production and Sales of EVs

5.1.2 Burgeoning Support from Governments

5.2 Market Restraints

5.2.1 Expensive EV Testing Equipment

5.3 Market Opportunities

5.3.1 Raising 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. Europe EV Test Equipment Market Analysis

6.1 Europe EV Test Equipment Market Overview

6.2 Europe EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7. Europe EV Test Equipment Market Analysis – By Vehicle Type

7.1 Overview

7.2 Europe 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. Europe EV Test Equipment Market – By Equipment Type

8.1 Overview

8.2 Europe 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. Europe EV Test Equipment Market – By Application

9.1 Overview

9.2 Europe: 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. Europe EV Test Equipment Market – By End-Users

10.1 Overview

10.2 Europe EV Test Equipment Market, by Application

10.4 OEMs

10.4.1 Overview

10.4.2 OEMs: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.5 Tier 1 Suppliers

10.5.1 Overview

10.5.2 Tier 1 Suppliers: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.6 Research and Academics

10.6.1 Overview

10.6.2 Research and Academics: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.7 Others

10.7.1 Overview

10.7.2 Others: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11. Europe EV Test Equipment Market – Country Analysis

11.1 Overview

11.1.1 Europe: EV Test Equipment Market, by Key Country

11.1.1.1 Germany: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 Germany: EV Test Equipment Market, by Vehicle Type

11.1.1.1.2 Germany: EV Test Equipment Market, by Equipment Type

11.1.1.1.3 Germany: EV Test Equipment Market, by Application

11.1.1.1.4 Germany: EV Test Equipment Market, by End Users

11.1.1.2 France: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 France: EV Test Equipment Market, by Vehicle Type

11.1.1.2.2 France: EV Test Equipment Market, by Equipment Type

11.1.1.2.3 France: EV Test Equipment Market, by Application

11.1.1.2.4 France: EV Test Equipment Market, by End Users

11.1.1.3 Italy: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 Italy: EV Test Equipment Market, by Vehicle Type

11.1.1.3.2 Italy: EV Test Equipment Market, by Equipment Type

11.1.1.3.3 Italy: EV Test Equipment Market, by Application

11.1.1.3.4 Italy: EV Test Equipment Market, by End Users

11.1.1.4 UK: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1 UK: EV Test Equipment Market, by Vehicle Type

11.1.1.4.2 UK: EV Test Equipment Market, by Equipment Type

11.1.1.4.3 UK: EV Test Equipment Market, by Application

11.1.1.4.4 UK: EV Test Equipment Market, by End Users

11.1.1.5 Russia: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1 Russia: EV Test Equipment Market, by Vehicle Type

11.1.1.5.2 Russia: EV Test Equipment Market, by Equipment Type

11.1.1.5.3 Russia: EV Test Equipment Market, by Application

11.1.1.5.4 Russia: EV Test Equipment Market, by End Users

11.1.1.6 Rest of Europe: EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.6.1 Rest of Europe: EV Test Equipment Market, by Vehicle Type

11.1.1.6.2 Rest of Europe: EV Test Equipment Market, by Equipment Type

11.1.1.6.3 Rest of Europe: EV Test Equipment Market, by Application

11.1.1.6.4 Rest of Europe: EV Test Equipment Market, by End Users

12. Europe 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 Comemso electronics GmbH

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.             Europe EV Test Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             Europe: EV Test Equipment Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany: EV Test Equipment Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany: EV Test Equipment Market, by Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Germany: EV Test Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Germany: EV Test Equipment Market, by End Users – Revenue and Forecast to 2028 (US$ Million)

Table 7.             France: EV Test Equipment Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             France: EV Test Equipment Market, by Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             France: EV Test Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10.          France: EV Test Equipment Market, by End Users – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Italy: EV Test Equipment Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Italy: EV Test Equipment Market, by Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Italy: EV Test Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Italy: EV Test Equipment Market, by End Users – Revenue and Forecast to 2028 (US$ Million)

Table 15.          UK: EV Test Equipment Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 16.          UK: EV Test Equipment Market, by Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 17.          UK: EV Test Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 18.          UK: EV Test Equipment Market, by End Users – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Russia: EV Test Equipment Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Russia: EV Test Equipment Market, by Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Russia: EV Test Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 22.          Russia: EV Test Equipment Market, by End Users – Revenue and Forecast to 2028 (US$ Million)

Table 23.          Rest of Europe: EV Test Equipment Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 24.          Rest of Europe: EV Test Equipment Market, by Equipment Type – Revenue and Forecast to 2028 (US$ Million)

Table 25.          Rest of Europe: EV Test Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 26.          Rest of Europe: EV Test Equipment Market, by End Users – Revenue and Forecast to 2028 (US$ Million)

Table 27.          List of Abbreviation

The List of Companies - Europe EV Testing Equipment Market

● Some of the leading companies are:

● National Instruments Corporation

● Horiba Ltd.

● Arbin Instruments

● Maccor Inc.  

● KEYSIGHT TECHNOLOGIES, INC.           

● Froude, Inc.                                             

● Comemso electronics GmbH                      

● Durr Group

● TÜV RHEINLAND

● INTERTEK GROUP PLC

● WONIK PNE CO., LTD

● Toyo system co., ltd

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe EV testing equipment market, thereby allowing players across the value chain to develop effective long-term strategies

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● Scrutinize in-depth Europe 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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