BIS Research Study Highlights the Global Electric Vehicle Testing, Inspection, and Certification Market to Reach $1.4 billion by 2026

BIS Research Study Highlights the Global Electric Vehicle Testing, Inspection, and Certification Market to Reach $1.4 billion by 2026

PR Newswire

FREMONT, Calif., July 7, 2021

FREMONT, Calif., July 7, 2021 /PRNewswire/ -- The global electric vehicle testing, inspection, and certification market is projected to reach $1.4 billion by 2026, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 14.26% during the forecast period 2021-2026.

BIS_Research_Logo

The swift development of electric vehicles and their widespread adoption has increased the need for stringent regulatory standards. Therefore, the requirement for strict testing, inspection, and certification of electric vehicles is a necessity. Electric vehicle manufacturers and component suppliers  must ensure that the product meets the global and regional standards and regulatory requirements, making inspection, testing, and certification a critical step. Further, the increasing need for reducing emissions contributing to global warming has caused governments to take initiatives for promoting electric vehicles (EVs), causing a surge in demand.

The detailed study is a compilation of 52 Market Data Tables and 36 Figures spread through 132 Pages and in-depth TOC on "Global Electric Vehicle Testing, Inspection, and Certification Market – Analysis and Forecast, 2021-2026"

Analyst's take on the market

According to Ajeya Saxena, Principal Analyst, BIS Research, "With the growth in regulations pertaining to harmful emissions and other environmental concerns, the demand for alternative fuel vehicles has taken a strong leap of growth over the years. With the constant growth of the electric vehicles market, the demand for the testing, inspection, and certification of these vehicles has also witnessed an upsurge. Testing, inspection, and certification of electric vehicles ensure that the vehicle is safe to use and has been examined as per the regulations and standards in place."

Key companies operating in the market

The key companies operating in the market include DEKRA SE, TUV SUD, SGS Group, Applus Services S.A., Bureau Veritas S.A., Intertek Group PLC, Eurofins Scientific, British Standards Institution, Rina S.P.A., TUV Rehinland Group, Norges Elektriske Materiellkontroll, NSF International, Lloyd's Register Group Limited, UL LLC, and Element Materials Technology.

View the Report from BIS Research: Global  Electric Vehicle Testing, Inspection, and Certification Market

How can market intelligence on electric vehicle testing, inspection, and certification market add value to  an organization's decision-making process?

Growth/Marketing Strategy

Global Electric Vehicle Testing, Inspection, and Certification Market Segmentation

Request for a Sample: https://bisresearch.com/requestsample?id=1127&type=download

Key Questions Answered in the Report

BIS Research Related Market Studies:

About BIS Research 

BIS Research, a premium market intelligence company, offers in-depth insights and consulting to Fortune 500 companies. We are established and known for tracking the growth of deep technologies across key industry verticals and the subsequent challenges and opportunities associated with deep tech across markets, applications, and products.

With more than 1,000 clients, over 10,000 plus primary interviews, and approximately 200 reports published in a year, BIS Research has often been sighted for its ability to track emerging tech trends early on. We provide market estimations, analysis on emerging high-growth applications, technology analysis, highly segmented granular country-level market data, and other important market parameters that come in handy for our clients during strategic decision-making.

Contact:

Bhavya Banga
Email: media@bisresearch.com
+1-510-404-8135
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT CA 94538-1686
Visit our Blog @ https://blog.bisresearch.com/ 
Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research 
Connect with us on Twitter@ https://twitter.com/BISResearch

Logo: https://mma.prnewswire.com/media/495163/BIS_Research_Logo.jpg  

Voltar noticias em Inglês