The worldwide EV check tools trade is projected to achieve US $ 105 million by 2026, with an annual development price of 20.1% from 2021

DUBLIN, April 13, 2021 / PRNewswire / – The “EV Test Equipment Market by Vehicle Type (Passenger Car and Commercial Vehicle), by Electric Vehicle Type (BEV and HEV), by Device Type, by Application (EV Component and Powertrain, EV Charging and Powertrain), Region – Global Forecast by 2026 “has been added to ResearchAndMarkets.com’s offering.

The global EV Test Equipment market size is expected to be reached $ 105 million by 2026 by an estimated $ 42 million in 2021 at a CAGR of 20.1%.

There has been more and more innovation in the EV test equipment market. This is due to the increasing demand for emission-free and efficient electric vehicles, driver safety, charging stations and vehicle diagnostic functions that increase the lifespan of electric vehicles. Due to the increasing focus on the development of innovative battery technologies, the high demand for electronic functions and features of the vehicle and the strict emission standards, the demand for EV test equipment, software and repair data is increasing.

Increasingly stricter emission standards to reduce the negative environmental impact of vehicle emissions are driving the demand for vehicle emissions test systems. Due to efforts to control vehicle emissions, various governments and OEMs are promoting the use of electric vehicles for transportation as it enables significant reductions in automotive emissions. The advent of autonomous and semi-autonomous vehicles, the increasing adoption of connected vehicle technology, and the monetization of real-time data are expected to further fuel the growth of the EV test equipment market. The market is primarily determined by the worldwide increase in sales of electric vehicles and strict emission standards.

Favorable government policies and high electric vehicle adoption rate are expected to boost the electric vehicle test equipment market along with other factors such as advances in both electric vehicle charging technology and electric vehicle battery technology, increasing demand for on-board portable test equipment, etc. The high cost of installing test equipment, the reduction in subsidies in key markets and the high cost of electric vehicles pose challenges to the market. Another factor that is slowing the growth of this market is the high cost of advanced test equipment. While EV manufacturers develop advanced batteries, e-axis assemblies, EV charging stations, and EV inverters, EV testing requires sophisticated instruments and equipment that increases the overall cost of the test equipment. In order to save space and reduce the overall weight, smaller semiconductor components are also integrated into such electronic components. This has created the need for high-precision and precise test equipment. Equipment also needs to be updated as regulations or technologies change.

The EV components and powertrain segment is expected to be the largest application segment in the forecast.

The EV component and drive systems segment is expected to lead the market for EV test equipment in terms of value during the forecast period. The test systems required for EV components and powertrains vary based on specifications (voltage and other factors), applications, standards, and compatibility. The increasing acceptance of electric vehicles due to their emission-free operation and high fuel prices is leading to strong growth in the market for test equipment for the segment of electric vehicle components and the powertrain.

The engine test equipment segment is expected to be the second fastest growing equipment segment in the forecast period.

Motor testers are used to check the performance of an EV motor. This includes torque measurement technology, high-speed record measurement for mechanical and electrical signals. Electric motors in the current market have a utilization of around 50%, which means that half of the energy consumed is not converted into power. Key components required to test an electric motor on electric vehicles currently include analysis software to synchronize the electrical and mechanical test signal displays, current and voltage probes (to measure inverter performance), and a digital torque sensor. Because of these requirements when testing electric vehicles in the Asia Pacific The EV market is expected to grow significantly.

The commercial vehicle segment is expected to be the fastest growing vehicle segment in the forecast period.

The growth of the segment is due to the Asia Pacific Region that has led the sales of global electric commercial vehicles in recent years. Renowned OEMs such as BYD, Yutong and Tata develop and supply advanced commercial electric vehicles in bulk to fuel the growth of the commercial vehicle EV test equipment market in the region.

Main topics covered:

1 Introduction

2 research methodology

3 Summary
3.1 Impact of COVID-19 on the Electric Vehicle Charging Station Market, 2018-2026

4 Premium Insights
4.1 Attractive Opportunities in the EV Test Equipment Market
4.2 EV Test Equipment Market by Electric Vehicle Type
4.3 EV Test Equipment Market by Vehicle Type
4.4 EV Test Equipment Market by Device Type
4.5 EV Test Equipment Market by Application Type
4.6 EV Test Equipment Market by Regions

5 Market overview
5.1 Introduction
5.2 Market dynamics
5.2.1 Driver
5.2.1.1 Increasing sales of Evs as well as semi-autonomous and autonomous vehicles
5.2.1.2 Extensive use of electronic architecture / vehicle electronics in Evs
5.2.1.3 Advances in battery technology
5.2.1.4 Falling prices for electric vehicle batteries
5.2.2 Limitations
5.2.2.1 High cost of equipment with advanced technology
5.2.2.2 Cut subsidies for Evs in major markets
5.2.3 Possibilities
5.2.3.1 Advances in charging stations for electric vehicles
5.2.3.2 Technological advances in test equipment
5.2.3.3 Evaluation of real-time EV data and simulation tests
5.2.3.4 Growing demand for onboard diagnostic tools
5.2.4 Challenges
5.2.4.1 Lack of compatibility and standardization
5.2.4.2 Maintaining the balance between high cost and performance of test equipment
5.3 Porter’s five forces
5.4 EV Test Equipment Market Ecosystem
5.5 Value chain analysis
5.5.1 Planning and Revising Funds
5.5.2 Suppliers of EV test equipment
5.5.3 Development of EV test software
5.5.4 Oem
5.6 Tariff and regulation overview
5.7 Case Study Analysis
5.7.1 Battery test solution from Ion Energy
5.7.2 Stanford, Toyota Research Institute and Mit on new battery test method
5.8 Technology analysis
5.8.1 Checking control units and e-axes
5.8.2 Simulation tests
5.8.3 Adas tests
5.9 Important developments related to the EV battery
5.10 COVID-19 impact analysis
5.10.1 Introduction to COVID-19
5.11 COVID-19 health assessment
5.12 COVID-19 Economic Assessment
5.12.1 Economic Impact of COVID-19 – Scenario Assessment
5.13 EV Test Equipment Market Scenarios (2021-2026)
5.13.1 Most likely scenario
5.13.2 Optimistic scenario
5.13.3 Pessimistic scenario

6 EV Test Equipment Market by Vehicle Type
6.1 Introduction
6.2 Operating data
6.2.1 Assumptions
6.3 Research methodology
6.4 Passenger cars
6.4.1 High acceptance of emission-free passenger cars to increase the passenger car segment
6.5 Commercial vehicle
6.5.1 Presence of leading electric vehicles in Europe and Asia Pacific drive the market
6.6 Key Primary Findings

7 EV Test Equipment Market by Device Type
7.1 Introduction
7.2 Operating data
7.2.1 Assumptions
7.3 Research methodology
7.4 Battery test equipment
7.5 Motor test equipment
7.6 Engine test bench
7.7 Chassis test bench
7.8 Gear dynamometer
7.9 Fuel Injection Pump Tester
7.10 Inverter tester
7.11 EV Powertrain Test
7.12 On-board charger
7.13 Ac / Dc EVSE
7.14 Key insights

8 EV Test Equipment Market By Application Type
8.1 Introduction
8.2 Operating data
8.2.1 Assumptions
8.3 Research methodology
8.4 EV component and powertrain system
8.4.1 Increase in demand for electric vehicles to increase the market
8.5 Charging the electric vehicle
8.5.1 Growing demand for on-board charger testers and EVSE employees to drive the market for test equipment for charging electric vehicles
8.6 Powertrain
8.6.1 Modern Powertrain Technologies in HEVs to Boost the Test Equipment Market
8.7 Key Primary Findings

9 EV Test Equipment Market by Electric Vehicle Type
9.1 Introduction
9.2 Operating data
9.2.1 Assumptions
9.3 Research methodology
9.4 Battery electric vehicles (Bev)
9.4.1 Increasing demand for emission-free vehicles to increase the Bev segment
9.5 Hybrid electric vehicle (Hev)
9.5.1 High demand for the Hev in the Asia Pacific drive the market
9.6 Key Primary Findings

10 EV Test Equipment Market by Regions
10.1 Introduction
10.2 Asia Pacific
10.3 Europe
10.4 North America
10.5 RoW

11 competitive landscape
11.1 Market Valuation Framework
11.2 Overview
11.3 Market Ranking Analysis for EV Test Equipment
11.4 Market evaluation framework: sales analysis of the best listed / public actors
11.5 Competitive Scenario
11.5.1 New product developments
11.5.2 Offers
11.5.3 Extensions, 2018-2020
11.6 Competitive Leadership Mapping for the EV Test Equipment Market
11.6.1 stars
11.6.2 Emerging Managers
11.6.3 Penetrating
11.6.4 Participants
11.7 Winner Vs. Tail Ender

12 company profiles
12.1 Key Players
12.1.1 Avl List GmbH
12.1.2 Tuv Rheinland
12.1.3 Teamtechnik Group
12.1.4 Chroma Ate
12.1.5 Horiba Ltd.
12.1.6 Kuka Ag
12.1.7 Fev Group GmbH
12.1.8 Burke Porter Group
12.1.9 Blum-Novotest GmbH
12.1.10 Intertek
12.1.11 Arbin Instruments
12.1.12 Zf
12.1.13 Softing AG
12.1.14 Sgs Sa.
12.2 Other key players
12.2.1 North America
12.2.1.1 Sierra Instruments
12.2.1.2 Ul LLC
12.2.1.3 Tasi Group
12.2.1.4 Keysight Technologies
12.2.1.5 NH research
12.2.1.6 Link engineering
12.2.1.7 National instruments
12.2.2 Europe
12.2.2.1 Vector informatics
12.2.2.2 Dewesoft
12.2.2.3 Element material technology
12.2.2.4 Atesteo GmbH
12.2.3 Asia Pacific
12.2.3.1 Sinfonia technology

13 recommendations
13.1 EV test equipment manufacturers need to make continuous advances in electric vehicles, components and battery technologies
13.2 industries Japan, Korea and India as promising alternatives too China for the delivery of components
13.3 Conclusion

14 Appendix
14.1 Key insights from industry experts
14.2 Discussion Guide
14.3 Knowledge Store: The subscription portal
14.4 Available adjustments
14.5 Related Reports
14.6 Author details

Please visit https://www.researchandmarkets.com/r/l8o56d for more information on this report


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