Europe EV Powertrain Testing Services Market [2030] - Analysis, Trends, & Insights

According to TechSci Research report, "𝐄𝐮𝐫𝐨𝐩𝐞 𝐄𝐕 𝐏𝐨𝐰𝐞𝐫𝐭𝐫𝐚𝐢𝐧 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 By Country, Competition, Forecast & Opportunities, 2016- 2030", the Europe EV powertrain testing services market 𝐬𝐭𝐨𝐨𝐝 𝐚𝐭 𝐔𝐒𝐃𝟓𝟔𝟎𝟓.𝟖𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟎, 𝐚𝐧𝐝 𝐢𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐚𝐭 𝐚 𝐝𝐨𝐮𝐛𝐥𝐞-𝐝𝐢𝐠𝐢𝐭 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟐𝟐.𝟎𝟐% 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃𝟑𝟕𝟗𝟎𝟒.𝟑𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎.

Initiatives taken in the form of subsidies on the purchase of electric vehicles to promote its adoption and norms for reducing greenhouse emissions are driving the sales of electric vehicles in the region. Surging sales of electric vehicles are contributing to the increasing demand for the powertrain testing services market through 2030.

European Union laws set an emission target of 10g/km by mid-century, representing the Paris Agreement goal of a maximum increase of two degrees Celsius of global earth temperature. In order to comply with the regulations, private and public transportation is witnessing increased automotive scrappage.

Also, 26 out of 27 EU members have some form of incentives for EV manufacturers. For instance, countries like France and Germany have made electric car production an important criterion for their industry stimulus programs in their efforts to promote EV adoption. All these developments have led to the rising demand for the EV powertrain testing services market in Europe.

𝐁𝐫𝐨𝐰𝐬𝐞 𝟕𝟎 𝐦𝐚𝐫𝐤𝐞𝐭 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐚𝐧𝐝 𝟏 𝐓𝐚𝐛𝐥𝐞 𝐬𝐩𝐫𝐞𝐚𝐝 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝟏𝟓𝟒 𝐏𝐚𝐠𝐞𝐬 𝐚𝐧𝐝 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐓𝐎𝐂 𝐨𝐧 "Europe EV Powertrain Testing Services Market". @ https://www.techsciresearch.com/report/europe-ev-powertrain-testing-services-market/8151.html

Europe EV Powertrain Testing Services market is segmented into vehicle type, propulsion, sourcing, country, and company. On the basis of vehicle type, the market can be segmented into light duty, medium-duty, and heavy-duty. There has been an increasing demand for light duty vehicles in the EU region, where the industrial sector is expanding gradually, and the need to transport raw materials and finished products efficiently and cost-effectively is increasing. The running cost incurred on transporting raw materials and finished products in small pickup trucks or vans that run on battery power is lower than in gasoline vehicles. The high number of electric light-duty vehicles is contributing to the increased share of the EV powertrain testing services market.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞 𝐄𝐕 𝐩𝐨𝐰𝐞𝐫𝐭𝐫𝐚𝐢𝐧 𝐭𝐞𝐬𝐭𝐢𝐧𝐠 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:
1. Applus+ IDIADA
2. Ricardo Plc
3. TÜV SÜD
4. AVL List GmbH
5. CTAG Automotive Technology Centre of Galicia
6. Intertek Group Plc
7. ATESTEO GmbH & Co. KG
8. HORIBA MIRA Ltd
9. Element Materials Technology
10. FEV Group GmbH
The EV powertrain testing services market is fragmented, and manufacturers are focusing on research and development processes to fuel higher growth in the market. For instance, TÜV SÜD is the leading player in the Europe EV Powertrain Testing Services Market, accounting for a market share of 9.85% in 2020 in terms of total electric vehicles tested. The company has a robust portfolio of testing services for EVs. The company recently invested over USD30 million to open the largest independent center for mobility and powertrains testing at Heimsheim in Germany. The company also has a strong testing center network ranging across various countries in Europe, which further allows it to enjoy a competitive edge over other companies.

𝐓𝐨 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭📥 @ https://www.techsciresearch.com/sample-report.aspx?cid=8151

𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 𝐜𝐚𝐧 𝐚𝐥𝐬𝐨 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝟏𝟎% 𝐟𝐫𝐞𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭.

"Most of the leading global electric car manufacturing companies have their sales operations or headquarters in Germany. To meet the climate targets, the German government is offering incentives to purchase electric vehicles and plans to abolish tax on pure electric vehicles by 2030. Previously, the EV market in Germany offered a limited range of electric cars. However, in recent years, new product offerings and diversification of companies in EVs have increased sharply, attracting the attention of more domestic customers towards electric cars. Increasing sales of electric vehicles in the country, in turn, is driving the electric vehicle powertrain testing services market and contributing to the dominant share of the country in the region." said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

"𝐄𝐮𝐫𝐨𝐩𝐞 𝐄𝐕 𝐏𝐨𝐰𝐞𝐫𝐭𝐫𝐚𝐢𝐧 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞 (𝐋𝐢𝐠𝐡𝐭 𝐃𝐮𝐭𝐲, 𝐌𝐞𝐝𝐢𝐮𝐦 𝐃𝐮𝐭𝐲, 𝐇𝐞𝐚𝐯𝐲 𝐃𝐮𝐭𝐲), 𝐁𝐲 𝐏𝐫𝐨𝐩𝐮𝐥𝐬𝐢𝐨𝐧 (𝐁𝐄𝐕, 𝐇𝐄𝐕, 𝐏𝐇𝐄𝐕 & 𝐅𝐂𝐄𝐕), 𝐁𝐲 𝐒𝐨𝐮𝐫𝐜𝐢𝐧𝐠 (𝐎𝐮𝐭𝐬𝐨𝐮𝐫𝐜𝐢𝐧𝐠, 𝐈𝐧-𝐇𝐨𝐮𝐬𝐞), 𝐁𝐲 𝐂𝐨𝐮𝐧𝐭𝐫𝐲, 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧, 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 & 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬, 𝟐𝟎𝟏𝟔- 𝟐𝟎𝟑𝟎" has evaluated the future growth potential of Europe EV Powertrain Testing Services market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Europe EV Powertrain Testing Services market.

𝐘𝐨𝐮 𝐦𝐚𝐲 𝐚𝐥𝐬𝐨 𝐫𝐞𝐚𝐝:
𝐌𝐨𝐭𝐨𝐫𝐬𝐩𝐨𝐫𝐭 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 [𝟐𝟎𝟐𝟗] - 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰, 𝐓𝐫𝐞𝐧𝐝𝐬, & 𝐃𝐞𝐦𝐚𝐧𝐝𝐬 @ https://www.techsciresearch.com/report/motorsport-products-market/22650.html

𝐍𝐞𝐰 𝐄𝐧𝐞𝐫𝐠𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐚𝐱𝐢 𝐌𝐚𝐫𝐤𝐞𝐭 [𝟐𝟎𝟐𝟗] - 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐓𝐫𝐞𝐧𝐝𝐬, & 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 @ https://www.techsciresearch.com/report/new-energy-vehicle-taxi-market/22655.html

𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐕𝐚𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 | [𝟐𝟎𝟐𝟗] 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥, 𝐓𝐫𝐞𝐧𝐝𝐬 @ https://www.techsciresearch.com/report/electric-van-market/22587.html

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭-𝐄𝐮𝐫𝐨𝐩𝐞 𝐄𝐕 𝐏𝐨𝐰𝐞𝐫𝐭𝐫𝐚𝐢𝐧 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭
1. Service Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customers
4.1. Aided and Unaided Brand Recall

4.2. Brand Satisfaction Level

4.3. Factors Considered While Selecting Testing Service Center

4.4. Challenges/Unmet Needs

Europe EV Powertrain Testing Services Market Outlook, 2016-2030
5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Vehicle Type (Light Duty, Medium Duty, Heavy Duty)

5.2.2. By Propulsion (BEV, HEV, PHEV & FCEV)

5.2.3. By Sourcing (Outsourcing, In-house)

5.2.4. By Country

5.2.5. By Company (2020)

5.3. Product Market Map

Germany EV Powertrain Testing Services Market Outlook, 2016-2030
6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Vehicle Type

6.2.2. By Propulsion

6.2.3. By Sourcing

Spain EV Powertrain Testing Services Market Outlook, 2016-2030
7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Vehicle Type

7.2.2. By Propulsion

7.2.3. By Sourcing

𝐂𝐨𝐧𝐭𝐚𝐜𝐭
Mr. Ken Mathews
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TechSci Research is a research based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries.

This release was published on openPR.