1. Market Research
  2. > Automotive
  3. > Motor Vehicle
  4. > Electric Vehicle Market Trends
EV Test Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Vehicle Type, Equipment Type, Application, and End-Users

EV Test Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Vehicle Type, Equipment Type, Application, and End-Users

  • May 2022
  • 180 pages
  • ID: 6289904
  • Format: PDF
  • The Insight Partners


Table of Contents

Search Inside

The global EV test equipment market is expected to grow from US$ 35,072.54 million in 2021 to US$ 118,671.47 million by 2028; it is estimated to grow at a CAGR of 20.0% from 2021 to 2028.

North America has a developed automotive industry due to the continuous production of commercial vehicles.As per the Organisation Internationale des Constructors d’Automobiles (OICA) 2021 report, the US produced 7,604,154 commercial vehicles in 2021 and 6,895,604 in 2020.

Similarly, Canada produced 826,767 commercial vehicles in 2021 and 1,048,942 in 2020, as per the OICA 2021 report.Furthermore, according to the same report, Mexico produced 2,437,411 commercial vehicles in 2021 and 2,209,121 in 2020.

The US, Canada, and Mexico are leading in the commercial vehicle production segment globally, as per OICA statistics. Thus, with the continuous production of commercial vehicles across the region, the need for EV test equipment will increase significantly, supporting the growth of the EV test equipment market in North America.

Governments of North American countries are taking initiatives to develop the electric vehicle industry.As per the article published on Skadden, in September 2021, the US Department of Energy (DOE) was continuously financing the US electric vehicle (EV) and energy infrastructure.

Several DOE-financed projects for EV infrastructure and innovative energy-related technologies include the advanced technology vehicles manufacturing (ATVM) loan program (US$ 17.7 billion in direct loan authority), title 17 innovative energy (Section 1703) loan-guarantee program (US$ 24 billion in loan guarantee authority), and US$ 2 billion under the tribal energy (partial) loan. Thus, the continuous focus on developing the electric vehicle industry creates opportunities for the EV test equipment market.

In September 2020, Arbin launched a new 3-electrode battery testing solution.The new patented three-electrode (3E) coin cell design was developed by and licensed from General Motors.

Arbin’s new 3E coin cell provides users with an affordable, easy-to-use three-electrode cell holder, allowing long-term cycling and providing consistent results between samples, which expedite battery material research for EV applications.Therefore, the launch of new battery testing equipment is favorable for the EV test equipment market growth.

Furthermore, in California, the light-duty electric-vehicle registrations increased to 425,300 in 2020, representing ~42% of EV registrations in the US, as per the US Department of Energy’s Alternative Fuels Data Center report.This is more than seven times the rate of registrations for Florida, the state with the second-highest number of EVs registered.

Thus, with the continuous growth in EV sales, the need for EV test equipment is also increasing in the EV test equipment market. Further, the Mexico City Government has a strategic plan to improve mobility by replacing local transportation with zero-emission vehicles. They plan to increase electricity generation through clean energies from 25% to 35% by 2024. Mexican customers receive government incentives such as exemption of local taxes and emission control verifications. Further, increasing prices for gasoline and pollution alerts that ban vehicles from transit have boosted the sales of EVs and hybrid vehicles in Mexico. These factors have increased the demand for electric and hybrid vehicles, leading to growth in the EV test equipment market. In 2018, Mexico reported a 68% growth in EV and hybrid vehicle sales compared to 2017, reaching over 17,800 units, according to the International Trade Administration report. In 2019, electric and hybrid vehicles from January to September registered sales of 955,393 units, as per the International Trade Administration report. Thus, the rising trend of EVs in Mexico boosts the demand in the EV test equipment market.

Impact of COVID-19 Pandemic on Asia Pacific EV test equipment Market

The equipment in the EV test equipment market are test systems such as battery testing, e-drive testing, power electronics test systems, dynamometers, motor testing, and charger testing systems, most of which are produced in China and other countries in Asia Pacific.The pandemic resulted in a brief slowdown of the growth of the EV test equipment market in the region.

However, various countries in APAC, especially China, Australia, and developed countries of South-East Asia, are witnessing a significant rise in the sales of electric vehicles compared to the pre-pandemic period till 2020.Additionally, governments have introduced various initiatives to boost EV sales and related infrastructure in the region, which is likely to boost the demand for EV test equipment in Asia Pacific.

For instance, in 2020, China rolled out the ZEV policies to accelerate the large-scale roll out of electric vehicles.In India, the Ministry of Power issued “Charging Infrastructure for Electric Vehicles – Guidelines and Standards,” mentioning the roles of various stakeholders at the Central and State level to expedite the development and National-level rollout of charging infrastructure.

Furthermore, prominent players in the region have been actively expanding their footprint and market presence through partnerships and an extensive focus on product research & development. Such factors are expected to accelerate the growth of the EV test equipment market in Asia Pacific.

Based on vehicle type, the EV test equipment market is segmented into passenger car, commercial vehicle, and low speed electric vehicles.Based on equipment type, the 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.

Based on application, the EV test equipment market is segmented into EV component and drivetrain system, EV charging, and powertrain.Based on end-users, the market is segmented into OEMs, tier 1 suppliers, research and academics, and others.

Based on geography, the global EV test equipment market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).

The global EV test equipment market has been derived using primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast concerning all the market segments.Also, primary interviews were conducted with industry participants to validate data and gain more analytical insights into the topic.

Participants in this process are industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants—such as valuation experts, research analysts, and key opinion leaders—specializing in the EV test equipment market.

The key companies operating in the EV test equipment market profiled in the report are National Instruments Corporation; Horiba Ltd; Arbin Instruments; Maccor Inc; KEYSIGHT TECHNOLOGIES, INC; Froude, Inc; Dynomerk Controls; Comemso electronics GmbH; Durr Group; TÜV RHEINLAND; INTERTEK GROUP PLC; TOYO SYSTEM CO., LTD; and WONIK PNE CO., LTD.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Electric Vehicle Market by Component, Vehicle Type, Vehicle Class, Propulsion, Vehicle Drive Type, Vehicle Top Speed, Charging Point Type, Vehicle Connectivity, End Use, Region-Global Forecast 2030

  • $ 4950
  • April 2022
  • 326 pages

The global electric vehicle market size is projected to reach 39,208 thousand units by 2030, from an estimated 8,151 thousand units in 2022, at a CAGR of 21.7%. Governments are supporting EV’s through ...

  • World
  • APAC
  • Electric Vehicle
  • Industry analysis
  • Electric Vehicle Sales
  • Greenhouse Gas Emissions


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on