Table of Content
1 INTRODUCTION (Page No. - 33)
1.1 OBJECTIVES OF THE STUDY
1.2 PRODUCT DEFINITION
1.2.1 EV TEST EQUIPMENT MARKET DEFINITION AND INCLUSIONS, BY EQUIPMENT TYPE
TABLE 1 EV TEST EQUIPMENT MARKET DEFINITION AND INCLUSIONS, BY EQUIPMENT TYPE
1.2.2 EV TEST EQUIPMENT MARKET DEFINITION AND INCLUSIONS, BY APPLICATION TYPE
TABLE 2 EV TEST EQUIPMENT MARKET DEFINITION AND INCLUSIONS, BY APPLICATION TYPE
1.2.3 EV TEST EQUIPMENT MARKET DEFINITION AND INCLUSIONS, BY VEHICLE TYPE
TABLE 3 EV TEST EQUIPMENT MARKET DEFINITION AND INCLUSIONS, BY VEHICLE TYPE
1.2.4 EV TEST EQUIPMENT MARKET DEFINITION AND INCLUSIONS, BY ELECTRIC VEHICLE TYPE
TABLE 4 EV TEST EQUIPMENT MARKET DEFINITION AND INCLUSIONS, BY ELECTRIC VEHICLE TYPE
1.2.5 INCLUSIONS & EXCLUSIONS
TABLE 5 INCLUSIONS & EXCLUSIONS FOR EV TEST EQUIPMENT MARKET REPORT
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 EV TEST EQUIPMENT MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
TABLE 6 USD EXCHANGE RATES
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 42)
2.1 RESEARCH DATA
FIGURE 2 EV TEST EQUIPMENT MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH METHODOLOGY MODEL
2.2 SECONDARY DATA
2.2.1 KEY SECONDARY SOURCES
2.2.2 KEY DATA FROM SECONDARY SOURCES
2.3 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.3.1 PRIMARY PARTICIPANTS
2.4 MARKET ESTIMATION METHODOLOGY
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.5 MARKET SIZE ESTIMATION
2.5.1 BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR EV TEST EQUIPMENT MARKET: BOTTOM-UP APPROACH
2.5.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR EV TEST EQUIPMENT MARKET: TOP-DOWN APPROACH
FIGURE 8 EV TEST EQUIPMENT MARKET: RESEARCH APPROACH
FIGURE 9 EV TEST EQUIPMENT MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF AVL’S REVENUE ESTIMATION
FIGURE 10 EV TEST EQUIPMENT MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF SUPPLY-SIDE REVENUE ESTIMATION
2.6 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 11 DATA TRIANGULATION
2.7 FACTOR ANALYSIS
2.7.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.8 RESEARCH ASSUMPTIONS
TABLE 7 RESEARCH ASSUMPTIONS
2.9 RISK ASSESSMENT & RANGES
TABLE 8 RISK ASSESSMENT & RANGES
3 EXECUTIVE SUMMARY (Page No. - 56)
FIGURE 12 EV TEST EQUIPMENT MARKET: MARKET OUTLOOK
FIGURE 13 EV TEST EQUIPMENT MARKET: MARKET DYNAMICS
FIGURE 14 EV TEST EQUIPMENT MARKET, BY REGION
FIGURE 15 BY APPLICATION TYPE, EV CHARGING SEGMENT TO REGISTER HIGHEST CAGR DUE TO INCREASED FOCUS ON CHARGING INFRASTRUCTURE GLOBALLY (2022–2027)
4 PREMIUM INSIGHTS (Page No. - 61)
4.1 ATTRACTIVE OPPORTUNITIES IN EV TEST EQUIPMENT MARKET
FIGURE 16 INCREASING DEMAND FOR EFFICIENT AND LOW-EMISSION COMMUTING TO DRIVE MARKET
4.2 EV TEST EQUIPMENT MARKET, BY ELECTRIC VEHICLE TYPE
FIGURE 17 BEV SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
4.3 EV TEST EQUIPMENT MARKET, BY VEHICLE TYPE
FIGURE 18 PASSENGER CAR SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
4.4 EV TEST EQUIPMENT MARKET, BY EQUIPMENT TYPE
FIGURE 19 BATTERY TEST EQUIPMENT SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
4.5 EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE
FIGURE 20 EV CHARGING SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 64)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 EV TEST EQUIPMENT MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rising sales of electric, semi-autonomous, and autonomous vehicles
FIGURE 22 GLOBAL EV SALES, 2017-2021 (THOUSAND UNITS)
TABLE 9 ROADMAP FOR TECHNOLOGY LEVEL AND IMPLEMENTATION OF SEMI-AUTONOMOUS AND AUTONOMOUS DRIVING SYSTEMS
5.2.1.2 Advancements in battery technology
TABLE 10 EV BATTERY IMPROVEMENTS/INNOVATIONS
TABLE 11 DAWN OF EUROPEAN GIGAFACTORIES: ANNOUNCED LITHIUM-ION BATTERY CELL PRODUCTION SITES
5.2.1.3 Increasing electronic architecture in modern vehicles
FIGURE 23 ELECTRIC ARCHITECTURE OF CARS IN 2020
FIGURE 24 ELECTRIC ARCHITECTURE OF CARS IN 1980
5.2.1.4 Declining EV battery prices
FIGURE 25 EXPECTED PRICE OF EV BATTERY PER KWH IN COMING YEARS
5.2.2 RESTRAINTS
5.2.2.1 High cost of advanced technology equipment
5.2.2.2 Reductions in subsidies for EVs in major markets
FIGURE 26 SUBSIDIES OFFERED FOR ELECTRIC VEHICLES IN CHINA
5.2.2.3 Lack of trained workforce for advanced test equipment
TABLE 12 LAYOFFS OF UNSKILLED WORKFORCE
5.2.3 OPPORTUNITIES
5.2.3.1 Advancements in EV charging solutions
TABLE 13 DIFFERENCE BETWEEN FAST, LEVEL 2, AND LEVEL 1 CHARGING
5.2.3.2 Technological advancements in test equipment
5.2.3.3 Evaluating real-time EV data and simulation testing
5.2.3.4 Increasing demand for onboard diagnostic tools
TABLE 14 BUDGET INDIAN CARS WITH TIRE PRESSURE MONITORING SYSTEM
5.2.4 CHALLENGES
5.2.4.1 Lack of compatibility and standardization
5.2.4.2 Maintaining balance between high cost and performance of test equipment
TABLE 15 IMPACT OF MARKET DYNAMICS
5.3 PORTER’S FIVE FORCES
FIGURE 27 PORTER’S FIVE FORCES: EV TEST EQUIPMENT MARKET
TABLE 16 EV TEST EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS
5.3.1 THREAT OF SUBSTITUTES
5.3.2 INTENSITY OF COMPETITIVE RIVALRY
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 THREAT OF NEW ENTRANTS
5.3.5 BARGAINING POWER OF SUPPLIERS
5.4 PATENT ANALYSIS
5.4.1 INTRODUCTION
FIGURE 28 PATENT PUBLICATION TRENDS FOR EV TEST EQUIPMENT MARKET (2011-2022)
5.4.2 DOCUMENT TYPE
FIGURE 29 PATENTS REGISTERED FOR EV TEST EQUIPMENT MARKET, 2011–2021
5.4.3 LEGAL STATUS OF PATENTS
FIGURE 30 LEGAL STATUS OF PATENTS FILED FOR EV TEST EQUIPMENT MARKET
5.4.4 JURISDICTION WISE ANALYSIS
FIGURE 31 EV TEST EQUIPMENT MARKET PATENTS, JURISDICTION WISE ANALYSIS
5.4.5 TOP PATENT HOLDERS
TABLE 17 EV TEST EQUIPMENT MARKET: INNOVATION & PATENT REGISTRATIONS
5.5 KEY STAKEHOLDERS & BUYING CRITERIA
5.5.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 32 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 18 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
5.5.2 BUYING CRITERIA
FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 19 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
5.6 VALUE CHAIN ANALYSIS
FIGURE 34 VALUE CHAIN ANALYSIS: EV TEST EQUIPMENT MARKET
5.6.1 PLANNING AND REVISING FUNDS
5.6.2 EV TESTING EQUIPMENT SUPPLIERS
5.6.3 EV TESTING SOFTWARE DEVELOPMENT
5.6.4 OEM
5.7 SUPPLY CHAIN ANALYSIS
FIGURE 35 EV TEST EQUIPMENT MARKET: SUPPLY CHAIN ANALYSIS
5.8 EV TEST EQUIPMENT MARKET ECOSYSTEM
FIGURE 36 EV TEST EQUIPMENT MARKET: ECOSYSTEM ANALYSIS
5.8.1 EV OEMS
5.8.2 EV TIER-1 SUPPLIERS
5.8.3 EV CHARGING INFRASTRUCTURE PROVIDERS
5.8.4 EV TEST EQUIPMENT PROVIDERS
TABLE 20 EV TEST EQUIPMENT MARKET: ECOSYSTEM
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO OF EV TEST EQUIPMENT
FIGURE 37 IMPORTS OF EV TEST EQUIPMENT, BY KEY COUNTRIES, 2017-2021 (USD MILLION)
TABLE 21 IMPORT TRADE DATA, BY KEY COUNTRIES, 2021 (USD MILLION)
5.9.2 EXPORT SCENARIO OF EV TEST EQUIPMENT
FIGURE 38 EXPORTS OF EV TEST EQUIPMENT, BY KEY COUNTRIES, 2017-2021 (USD MILLION)
TABLE 22 EXPORT TRADE DATA, BY KEY COUNTRIES, 2021(USD MILLION)
5.10 NOTABLE DEVELOPMENTS IN EV MARKET (2021)
FIGURE 39 NOTABLE EVENTS Q1 2021
FIGURE 40 NOTABLE EVENTS Q2 2021
FIGURE 41 NOTABLE EVENTS Q3 2021
FIGURE 42 NOTABLE EVENTS Q4 2021
5.11 CASE STUDY ANALYSIS
5.11.1 ION ENERGY’S BATTERY TESTING SOLUTION
5.11.2 STANFORD UNIVERSITY, TOYOTA RESEARCH INSTITUTE, AND MIT ON NEW BATTERY TESTING METHOD
5.11.3 SIZING OF ELECTRIC VEHICLE CHARGING STATIONS WITH SMART CHARGING CAPABILITIES AND QUALITY OF SERVICE REQUIREMENTS
5.11.4 CASE STUDY ON DEVELOPMENT OF LOAD BALANCING SOLUTION FOR EV CHARGING
5.12 TECHNOLOGY ANALYSIS
5.12.1 ECU AND E-AXLE TESTING
FIGURE 43 E-AXLE TEST BENCH FEV DESIGN
5.12.2 BATTERY PACK TESTING
FIGURE 44 BATTERY PACK TESTING SYSTEMS
5.12.3 SIMULATION TESTING
5.12.4 ADAS TESTING
FIGURE 45 ADAS TESTING BY DEWESOFT
5.12.5 SMART CHARGING SYSTEM
FIGURE 46 SMART EV CHARGING SYSTEM
5.13 REGULATORY ANALYSIS
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 23 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.2 NETHERLANDS
TABLE 27 NETHERLANDS: ELECTRIC VEHICLE INCENTIVES
TABLE 28 NETHERLANDS: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.13.3 GERMANY
TABLE 29 GERMANY: ELECTRIC VEHICLE INCENTIVES
TABLE 30 GERMANY: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.13.4 FRANCE
TABLE 31 FRANCE: ELECTRIC VEHICLE INCENTIVES
TABLE 32 FRANCE: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.13.5 UK
TABLE 33 UK: ELECTRIC VEHICLE INCENTIVES
TABLE 34 UK: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.13.6 CHINA
TABLE 35 CHINA: ELECTRIC VEHICLE INCENTIVES
TABLE 36 CHINA: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.13.7 US
TABLE 37 US: ELECTRIC VEHICLE INCENTIVES
TABLE 38 US: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.14 EV TEST EQUIPMENT MARKET: CONFERENCES & EVENTS
TABLE 39 EV TEST EQUIPMENT MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.15 EV TEST EQUIPMENT MARKET, SCENARIOS (2022–2027)
5.15.1 MOST LIKELY SCENARIO
TABLE 40 MOST LIKELY SCENARIO: EV TEST EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD THOUSAND)
5.15.2 OPTIMISTIC SCENARIO
TABLE 41 OPTIMISTIC SCENARIO: EV TEST EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD THOUSAND)
5.15.3 PESSIMISTIC SCENARIO
TABLE 42 PESSIMISTIC SCENARIO: EV TEST EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD THOUSAND)
6 EV TEST EQUIPMENT MARKET, BY VEHICLE TYPE (Page No. - 117)
6.1 INTRODUCTION
FIGURE 47 COMMERCIAL VEHICLE SEGMENT PROJECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD
TABLE 43 EV TEST EQUIPMENT MARKET, BY VEHICLE TYPE, 2018–2021 (USD THOUSAND)
TABLE 44 EV TEST EQUIPMENT MARKET, BY VEHICLE TYPE, 2022–2027 (USD THOUSAND)
6.1.1 OPERATIONAL DATA
TABLE 45 TESTING AND PRODUCTION FACILITIES OF LEADING OEMS
FIGURE 48 FOSSIL FUELS STILL MAJOR SOURCE OF GLOBAL ENERGY CONSUMPTION
FIGURE 49 COMPARISON OF OPERATING COST OF EVS AND ICE VEHICLES
6.1.2 ASSUMPTIONS
TABLE 46 ASSUMPTIONS: BY VEHICLE TYPE
6.1.3 RESEARCH METHODOLOGY
6.1.4 KEY PRIMARY INSIGHTS
6.2 PASSENGER CAR
6.2.1 HIGH ADOPTION OF ZERO-EMISSION PASSENGER VEHICLES TO BOOST PASSENGER CAR SEGMENT
TABLE 47 PASSENGER CAR: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 48 PASSENGER CAR: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
6.3 COMMERCIAL VEHICLE
6.3.1 PRESENCE OF LEADING ELECTRIC COMMERCIAL VEHICLE OEMS IN EUROPE AND ASIA PACIFIC TO DRIVE MARKET
TABLE 49 COMMERCIAL VEHICLE: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 50 COMMERCIAL VEHICLE: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7 EV TEST EQUIPMENT MARKET, BY EQUIPMENT TYPE (Page No. - 126)
7.1 INTRODUCTION
FIGURE 50 BATTERY TEST EQUIPMENT SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
TABLE 51 EV TEST EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2021 (USD THOUSAND)
TABLE 52 EV TEST EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2022–2027 (USD THOUSAND)
7.1.1 OPERATIONAL DATA
TABLE 53 ELECTRIC CAR MODELS AND THEIR CORE COMPONENT MANUFACTURERS/SUPPLIERS
FIGURE 51 FUTURE ROAD MAP FOR ELECTRIC VEHICLES
TABLE 54 SOME OF THE RENOWNED EV TESTING EQUIPMENT PROVIDERS WORLDWIDE
7.1.2 ASSUMPTIONS
TABLE 55 ASSUMPTIONS: BY EQUIPMENT TYPE
7.1.3 RESEARCH METHODOLOGY
7.1.4 KEY PRIMARY INSIGHTS
7.2 BATTERY TEST EQUIPMENT
7.2.1 BATTERY IS INTEGRAL PART OF ELECTRIC VEHICLE WITH INCREASE IN DEMAND OF ELECTRIC VEHICLES DEMAND OF BATTERIES AND BATTERY TEST EQUIPMENT WILL ALSO INCREASE
TABLE 56 BATTERY TEST EQUIPMENT: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 57 BATTERY TEST EQUIPMENT: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.3 MOTOR TEST EQUIPMENT
7.3.1 GROWING DEMAND OF ELECTRIC VEHICLE WILL INCREASE DEMAND OF MOTORS AND MOTOR TEST EQUIPMENT’S
TABLE 58 MOTOR TEST EQUIPMENT: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 59 MOTOR TEST EQUIPMENT: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.4 ENGINE DYNAMOMETER
7.4.1 WITH CUSTOMERS FOCUSING ON PERFORMANCE OF CARS DEMAND FOR ENGINE DYNAMOMETER WILL INCREASE
TABLE 60 ENGINE DYNAMOMETER: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 61 ENGINE DYNAMOMETER: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.5 CHASSIS DYNAMOMETER
7.5.1 FOR CUSTOMERS PREFERENCE TOWARDS LUXURY AND COMFORT DEMAND FOR CHASSIS DYNAMOMETER WILL INCREASE
TABLE 62 CHASSIS DYNAMOMETER: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 63 CHASSIS DYNAMOMETER: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.6 TRANSMISSION DYNAMOMETER
7.6.1 RANGE IS THE MAJOR CONCERN IN ELECTRIC VEHICLES WHICH WILL INCREASE THE DEMAND OF TRANSMISSION DYNAMOMETER
TABLE 64 TRANSMISSION DYNAMOMETER: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 65 TRANSMISSION DYNAMOMETER: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.7 FUEL INJECTION PUMP TESTER
7.7.1 AS HYBRID VEHICLES KNOWN FOR ITS MILEAGE IT WILL INCREASE THE MARKET FOR FUEL INJECTION PUMP TESTER
TABLE 66 FUEL INJECTION PUMP TESTER: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 67 FUEL INJECTION PUMP TESTER: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.8 INVERTER TEST EQUIPMENT
7.8.1 AS ELECTRIC VEHICLES ARE LOADED WITH LOTS OF ELECTRONICS INVERTER TESTING IS PLAYS A MAJOR ROLE IN THEIR TESTING
TABLE 68 INVERTER TEST EQUIPMENT: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 69 INVERTER TEST EQUIPMENT: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.9 EV DRIVETRAIN TEST
7.9.1 AS DRIVETRAIN TEST ENSURES EV IS READY FOR EVERY TERRAIN, EV DRIVETRAIN TEST IS VERY POPULAR AMONG EVS
TABLE 70 EV DRIVETRAIN TEST: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 71 EV DRIVETRAIN TEST: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.10 ELECTRIC PROPULSION TEST SYSTEM
7.10.1 CHINA IS EXPECTED TO LEAD THE MARKET
TABLE 72 ELECTRIC PROPULSION TEST SYSTEM: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 73 ELECTRIC PROPULSION TEST SYSTEM: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.11 ELECTRIC AXLE TEST EQUIPMENT
7.11.1 GROWING DEMAND OF EVS IN COUNTRIES SUCH AS CHINA, THE US, AND GERMANY TO DRIVE THE MARKET
TABLE 74 ELECTRIC AXLE TEST EQUIPMENT: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 75 ELECTRIC AXLE TEST EQUIPMENT: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.12 ON-BOARD CHARGER ATS
7.12.1 ON BOARD CHARGERS ARE USED WIDELY FOR EV CHARGING, CHARGERS DEMAND ARE INCREASING WITH INCREASE IN DEMAND OF EV WHICH ALTOGETHER INCREASE THE DEMAND FOR ON BOARD CHARGER ATS
TABLE 76 ON-BOARD CHARGER ATS: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 77 ON-BOARD CHARGER ATS: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
7.13 AC/DC EVSE ATS
7.13.1 AS NEED OF BALANCE BETWEEN PERFORMANCE AND MILEAGE IS VERY NECESSARY FOR EVS DEMAND FOR AC/DC ATS WILL INCREASE
TABLE 78 AC/DC EVSE ATS: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 79 AC/DC EVSE ATS: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
8 EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE (Page No. - 145)
8.1 INTRODUCTION
FIGURE 52 BY APPLICATION TYPE, EV COMPONENT SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
TABLE 80 EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 81 EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
8.1.1 OPERATIONAL DATA
TABLE 82 RENOWNED OEMS AND SOME OF THEIR PRODUCTION AND TESTING FACILITIES
FIGURE 53 CHARGING COST COMPARISON
FIGURE 54 EV SHIFT AND TARGETS OF COUNTRIES AROUND THE WORLD
FIGURE 55 INTERESTING FACTS ON EV CHARGING
8.1.2 ASSUMPTIONS
TABLE 83 ASSUMPTIONS, BY APPLICATION TYPE
8.1.3 RESEARCH METHODOLOGY
8.1.4 KEY PRIMARY INSIGHTS
8.2 EV COMPONENT
8.2.1 INCREASING DEMAND FOR ELECTRIC VEHICLES TO BOOST MARKET
TABLE 84 EV COMPONENT: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 85 EV COMPONENT: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
8.3 EV CHARGING
8.3.1 INCREASING DEMAND FOR ON-BOARD CHARGER TESTERS AND EVSE ATS TO DRIVE TEST EQUIPMENT MARKET FOR EV CHARGING
TABLE 86 EV CHARGING: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 87 EV CHARGING: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
8.4 POWERTRAIN
8.4.1 MODERN POWERTRAIN TECHNOLOGIES IN HEVS TO BOOST TEST EQUIPMENT MARKET
TABLE 88 POWERTRAIN: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 89 POWERTRAIN: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
9 EV TEST EQUIPMENT MARKET, BY ELECTRIC VEHICLE TYPE (Page No. - 154)
9.1 INTRODUCTION
FIGURE 56 BEV SEGMENT TO LEAD EV TEST EQUIPMENT MARKET DURING FORECAST PERIOD
TABLE 90 EV TEST EQUIPMENT MARKET, BY ELECTRIC VEHICLE TYPE, 2018–2021 (USD THOUSAND)
TABLE 91 EV TEST EQUIPMENT MARKET, BY ELECTRIC VEHICLE TYPE, 2022–2027 (USD THOUSAND)
9.1.1 OPERATIONAL DATA
TABLE 92 SOME TESTS REQUIRED FOR BEVS AND HEVS
FIGURE 57 TOP 10 EUROPEAN BRANDS REGISTRATION, BY FUEL TYPE, 2021
TABLE 93 PRICING OF POPULAR BEVS (US)
TABLE 94 PRICING OF POPULAR PHEVS (US)
9.1.2 ASSUMPTIONS
TABLE 95 ASSUMPTIONS: BY ELECTRIC VEHICLE TYPE
9.1.3 RESEARCH METHODOLOGY
9.1.4 KEY PRIMARY INSIGHTS
9.2 BATTERY ELECTRIC VEHICLE (BEV)
9.2.1 RISING DEMAND FOR EMISSION-FREE VEHICLES TO BOOST BEV SEGMENT
TABLE 96 BEV: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 97 BEV: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
9.3 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) & HYBRID ELECTRIC VEHICLE (HEV)
9.3.1 HIGH DEMAND FOR HEVS IN ASIA PACIFIC TO DRIVE MARKET
TABLE 98 PHEV & HEV: EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 99 PHEV & HEV: EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
10 EV TEST EQUIPMENT MARKET, BY REGION (Page No. - 165)
10.1 INTRODUCTION
FIGURE 58 ASIA PACIFIC PROJECTED TO LEAD EV TEST EQUIPMENT MARKET DURING FORECAST PERIOD
TABLE 100 EV TEST EQUIPMENT MARKET, BY REGION, 2018–2021 (USD THOUSAND)
TABLE 101 EV TEST EQUIPMENT MARKET, BY REGION, 2022–2027 (USD THOUSAND)
10.2 ASIA PACIFIC
FIGURE 59 ASIA PACIFIC: EV TEST EQUIPMENT MARKET SNAPSHOT
TABLE 102 ASIA PACIFIC: EV TEST EQUIPMENT MARKET, BY COUNTRY, 2018–2021 (USD THOUSAND)
TABLE 103 ASIA PACIFIC: EV TEST EQUIPMENT MARKET, BY COUNTRY, 2022–2027 (USD THOUSAND)
10.2.1 CHINA
10.2.1.1 Government policies leading to EV test equipment market growth
TABLE 104 CHINA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 105 CHINA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.2.2 INDIA
10.2.2.1 Indian government plans to provide charging infrastructure and encourage EV adoption
TABLE 106 INDIA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 107 INDIA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.2.3 JAPAN
10.2.3.1 Technological advancements in Japan to lead to growth of EV component segment
TABLE 108 JAPAN: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 109 JAPAN: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.2.4 SOUTH KOREA
10.2.4.1 OEMs to work with government to promote EV sales
TABLE 110 SOUTH KOREA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 111 SOUTH KOREA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.3 EUROPE
FIGURE 60 EUROPE: EV TEST EQUIPMENT MARKET SNAPSHOT
TABLE 112 EUROPE: EV TEST EQUIPMENT MARKET, BY COUNTRY, 2018–2021 (USD THOUSAND)
TABLE 113 EUROPE: EV TEST EQUIPMENT MARKET, BY COUNTRY, 2022–2027 (USD THOUSAND)
10.3.1 FRANCE
10.3.1.1 Electrification of public transport expected to boost demand for EV testing
TABLE 114 FRANCE: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 115 FRANCE: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.3.2 GERMANY
10.3.2.1 Major OEMs to increase use of EV testing equipment for their vehicles
TABLE 116 GERMANY: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 117 GERMANY: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.3.3 UK
10.3.3.1 Developed charging infrastructure and EV battery technology to lead to market growth
TABLE 118 UK: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 119 UK: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.3.4 SPAIN
10.3.4.1 Government incentives to promote electric vehicles to boost demand
TABLE 120 SPAIN: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 121 SPAIN: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.3.5 ITALY
10.3.5.1 Government’s offers of subsidies to build charging facilities to boost demand
TABLE 122 ITALY: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 123 ITALY: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.4 NORTH AMERICA
FIGURE 61 NORTH AMERICA: EV TEST EQUIPMENT MARKET SNAPSHOT
TABLE 124 NORTH AMERICA: EV TEST EQUIPMENT MARKET, BY COUNTRY, 2018–2021 (USD THOUSAND)
TABLE 125 NORTH AMERICA: EV TEST EQUIPMENT MARKET, BY COUNTRY, 2022–2027 (USD THOUSAND)
10.4.1 CANADA
10.4.1.1 Government support for charging infrastructure to boost demand
TABLE 126 CANADA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 127 CANADA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.4.2 US
10.4.2.1 Focus on innovation, technology, and development of safe and comfortable automobiles to boost demand
TABLE 128 US: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 129 US: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.4.3 MEXICO
10.4.3.1 Increase in vehicle manufacturing facilities and development of infrastructure for EVs can lead to EV sales growth in coming years
TABLE 130 MEXICO: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 131 MEXICO: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.5 ROW
FIGURE 62 ROW: EV TEST EQUIPMENT MARKET, BY COUNTRY, 2022 TO 2027 (USD THOUSAND)
TABLE 132 ROW: EV TEST EQUIPMENT MARKET, BY COUNTRY, 2018–2021 (USD THOUSAND)
TABLE 133 ROW: EV TEST EQUIPMENT MARKET, BY COUNTRY, 2022–2027 (USD THOUSAND)
10.5.1 BRAZIL
10.5.1.1 Presence of manufacturing units to increase demand for EVs in RoW
TABLE 134 BRAZIL: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 135 BRAZIL: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
10.5.2 RUSSIA
TABLE 136 RUSSIA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2018–2021 (USD THOUSAND)
TABLE 137 RUSSIA: EV TEST EQUIPMENT MARKET, BY APPLICATION TYPE, 2022–2027 (USD THOUSAND)
11 COMPETITIVE LANDSCAPE (Page No. - 192)
11.1 OVERVIEW
FIGURE 63 KEY DEVELOPMENTS BY LEADING PLAYERS (2019-2022)
11.2 EV TEST EQUIPMENT MARKET SHARE ANALYSIS
TABLE 138 MARKET SHARE ANALYSIS, 2021
11.3 MARKET EVALUATION FRAMEWORK: REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
FIGURE 64 TOP PUBLIC/LISTED PLAYERS DOMINATING EV TEST EQUIPMENT MARKET IN LAST 5 YEARS
11.4 COMPETITIVE SCENARIO
11.4.1 NEW PRODUCT DEVELOPMENTS
TABLE 139 NEW PRODUCT DEVELOPMENTS, 2019–2022
11.4.2 DEALS
TABLE 140 DEALS, 2019–2022
11.4.3 EXPANSIONS, 2018–2020
TABLE 141 EXPANSIONS, 2019–2022
11.5 COMPETITIVE LEADERSHIP MAPPING FOR EV TEST EQUIPMENT MARKET
11.5.1 STARS
11.5.2 EMERGING LEADERS
11.5.3 PERVASIVE
11.5.4 PARTICIPANTS
FIGURE 65 EV TEST EQUIPMENT MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021
11.6 COMPANY PRODUCT FOOTPRINT
TABLE 142 EV TEST EQUIPMENT MARKET: COMPANY PRODUCT FOOTPRINT, 2022
11.7 COMPANY APPLICATION FOOTPRINT
TABLE 143 EV TEST EQUIPMENT MARKET: COMPANY APPLICATION FOOTPRINT, 2022
11.8 COMPANY REGIONAL FOOTPRINT
TABLE 144 EV TEST EQUIPMENT MARKET: COMPANY REGIONAL FOOTPRINT, 2022
11.9 STARTUP/SME EVALUATION MATRIX, 2021
11.9.1 PROGRESSIVE COMPANIES
11.9.2 RESPONSIVE COMPANIES
11.9.3 DYNAMIC COMPANIES
11.9.4 STARTING BLOCKS
FIGURE 66 EV TEST EQUIPMENT MARKET: START-UP MATRIX, 2021
11.10 DETAILED LIST AND BENCHMARKING OF KEY STARTUPS
TABLE 145 EV TEST EQUIPMENT MARKET: DETAILED LIST OF KEY STARTUPS
TABLE 146 EV TEST EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS]
11.11 WINNERS VS. TAIL-ENDERS
TABLE 147 WINNERS VS. TAIL-ENDERS
12 COMPANY PROFILES (Page No. - 209)
12.1 KEY PLAYERS
(Business overview, Products/services offered, Recent Developments, MNM view)*
12.1.1 TUV RHEINLAND
TABLE 148 TUV RHEINLAND: BUSINESS OVERVIEW
FIGURE 67 TUV RHEINLAND: COMPANY SNAPSHOT
TABLE 149 TUV RHEINLAND: PRODUCTS/SERVICES OFFERED
TABLE 150 TUV RHEINLAND: DEALS
TABLE 151 TUV RHEINLAND: OTHERS
12.1.2 DURR GROUP
TABLE 152 DURR GROUP: BUSINESS OVERVIEW
FIGURE 68 DURR GROUP: COMPANY SNAPSHOT
TABLE 153 DURR GROUP: PRODUCTS/SERVICES OFFERED
TABLE 154 DÜRR GROUP: DEALS
12.1.3 CHROMA ATE
TABLE 155 CHROMA ATE: BUSINESS OVERVIEW
FIGURE 69 CHROME ATE: COMPANY SNAPSHOT
TABLE 156 CHROMA ATE: PRODUCTS/SERVICES OFFERED
TABLE 157 CHROME ATE: NEW PRODUCT LAUNCHES
TABLE 158 CHROME ATE: DEALS
12.1.4 AVL
TABLE 159 AVL: BUSINESS OVERVIEW
TABLE 160 AVL: PRODUCTS/SERVICES OFFERED
TABLE 161 AVL: NEW PRODUCT LAUNCHES
TABLE 162 AVL: DEALS
TABLE 163 AVL: OTHERS
12.1.5 HORIBA LTD.
TABLE 164 HORIBA LTD.: BUSINESS OVERVIEW
FIGURE 70 HORIBA LTD.: COMPANY SNAPSHOT
TABLE 165 HORIBA LTD.: PRODUCTS/SERVICES OFFERED
TABLE 166 HORIBA LTD.: NEW PRODUCT LAUNCHES
TABLE 167 HORIBA LTD.: OTHERS
TABLE 168 HORIBA LTD.: DEALS
12.1.6 KUKA AG
TABLE 169 KUKA AG: BUSINESS OVERVIEW
FIGURE 71 KUKA AG: COMPANY SNAPSHOT
TABLE 170 KUKA AG: PRODUCTS/SERVICES OFFERED
TABLE 171 KUKA AG: DEALS
12.1.7 FEV GROUP GMBH
TABLE 172 FEV GROUP: BUSINESS OVERVIEW
TABLE 173 FEV GROUP: PRODUCTS/SERVICES OFFERED
TABLE 174 FEV GROUP: NEW PRODUCT DEVELOPMENT
TABLE 175 FEV GROUP: OTHERS
TABLE 176 FEV GROUP: DEALS
12.1.8 BURKE PORTER GROUP
TABLE 177 BURKE PORTER GROUP: BUSINESS OVERVIEW
TABLE 178 BURKE PORTER GROUP: PRODUCTS/SERVICES OFFERED
TABLE 179 BURKE PORTER GROUP: OTHERS
TABLE 180 BURKE PORTER GROUP: DEALS
12.1.9 BLUM-NOVOTEST GMBH
TABLE 181 BLUM-NOVOTEST GMBH: BUSINESS OVERVIEW
TABLE 182 BLUM-NOVOTEST GMBH: PRODUCTS/SERVICES OFFERED
12.1.10 INTERTEK
TABLE 183 INTERTEK: BUSINESS OVERVIEW
FIGURE 72 INTERTEK: COMPANY SNAPSHOT
TABLE 184 INTERTEK: PRODUCTS/SERVICES OFFERED
TABLE 185 INTERTEK: OTHERS
TABLE 186 INTERTEK: DEALS
12.1.11 ARBIN INSTRUMENTS
TABLE 187 ARBIN INSTRUMENTS: BUSINESS OVERVIEW
TABLE 188 ARBIN INSTRUMENTS: PRODUCTS & SERVICES OFFERED
TABLE 189 ARBIN INSTRUMENTS: NEW PRODUCT LAUNCHES
TABLE 190 ARBIN INSTRUMENTS: DEALS
12.1.12 ZF FRIEDRICHSHAFEN
TABLE 191 ZF FRIEDRICHSHAFEN: KEY CUSTOMERS
TABLE 192 ZF FRIEDRICHSHAFEN: KEY SHAREHOLDERS
TABLE 193 ZF FRIEDRICHSHAFEN: BUSINESS OVERVIEW
FIGURE 73 ZF FRIEDRICHSHAFEN: COMPANY SNAPSHOT
TABLE 194 ZF FRIEDRICHSHAFEN: PRODUCTS/SERVICES OFFERED
TABLE 195 ZF FRIEDRICHSHAFEN: EXPANSIONS
TABLE 196 ZF FRIEDRICHSHAFEN: DEALS
12.1.13 SOFTING AG
TABLE 197 SOFTING AG: BUSINESS OVERVIEW
FIGURE 74 SOFTING AG: COMPANY SNAPSHOT
TABLE 198 SOFTING: PRODUCTS OFFERED
TABLE 199 SOFTING AG: NEW PRODUCT LAUNCHES
TABLE 200 SOFTING AG: DEALS
12.1.14 SGS SA
TABLE 201 SGS SA: BUSINESS OVERVIEW
FIGURE 75 SGS SA: COMPANY SNAPSHOT
TABLE 202 SGS SA: PRODUCTS OFFERED
TABLE 203 SGS SA: DEALS
*Details on Business overview, Products/services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12.2 OTHER KEY PLAYERS
12.2.1 SIERRA INSTRUMENTS
TABLE 204 SIERRA INSTRUMENTS: BUSINESS OVERVIEW
12.2.2 UL LLC
TABLE 205 UL LLC: BUSINESS OVERVIEW
12.2.3 KEYSIGHT TECHNOLOGIES
TABLE 206 KEYSIGHT TECHNOLOGIES: BUSINESS OVERVIEW
12.2.4 TASI GROUP
TABLE 207 TASI GROUP: BUSINESS OVERVIEW
12.2.5 NH RESEARCH
TABLE 208 NH RESEARCH: BUSINESS OVERVIEW
12.2.6 LINK ENGINEERING
TABLE 209 LINK ENGINEERING: BUSINESS OVERVIEW
12.2.7 NATIONAL INSTRUMENTS
TABLE 210 NATIONAL INSTRUMENTS: BUSINESS OVERVIEW
12.2.8 VECTOR INFORMATIK
TABLE 211 VECTOR INFORMATIK: BUSINESS OVERVIEW
12.2.9 DEWESOFT
TABLE 212 DEWESOFT: BUSINESS OVERVIEW
12.2.10 ELEMENTS MATERIALS TECHNOLOGY
TABLE 213 ELEMENTS MATERIALS TECHNOLOGY: BUSINESS OVERVIEW
12.2.11 ATESTEO GMBH
TABLE 214 ATESTEO GMBH: BUSINESS OVERVIEW
12.2.12 SINFONIA TECHNOLOGY
TABLE 215 SINFONIA TECHNOLOGY: BUSINESS OVERVIEW
13 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 264)
13.1 NEED TO FOCUS ON TESTING EQUIPMENT FOR EV COMPONENTS AND BATTERY TECHNOLOGIES
13.2 INDUSTRIES FROM JAPAN, SOUTH KOREA, AND INDIA EMERGING AS PROMISING ALTERNATIVES TO CHINA FOR COMPONENTS SUPPLY
13.3 CONCLUSION
14 APPENDIX (Page No. - 265)
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 AVAILABLE CUSTOMIZATIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
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