EV Test Equipment Market

Market Leader - EV Test Equipment Market

The global EV test equipment market size is projected to reach USD 42 million by 2026, from an estimated USD 105 million in 2021, at a CAGR of 20.1%. The base year for the report is 2020, and the forecast period is from 2021 to 2026. The introduction of autonomous and semi-autonomous vehicles, increasing adoption of the connected vehicle technology, growing EV sales, and monetization of real-time data are expected to boost the growth of the EV test equipment market.

There have been a rising number of innovations in the EV test equipment market. This can be attributed to the increasing demand for emission-free and efficient electric vehicles, driver safety, charging stations, and vehicle diagnosis features that increase the durability of EVs. Due to the increasing focus on the development of innovative battery technologies, high demand for vehicle electronic functions and features, and stringent emission standards, the demand for EV test equipment, software, and repair data is rising. OEMs are working alongside test equipment/platforms suppliers and integrators to develop cost-effective, high-quality, quick in operation, and accurate EV test systems. A similar trend is expected to continue in future. The demand for this equipment is projected to increase with the launch of newer vehicle models equipped with complex architecture and electronic systems.

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The EV test equipment market is dominated by players such as AVL (Austria), teamtechnik (Germany), TUV Rheinland (Germany), Chroma ATE (Taiwan), KUKA AG (Germany), HORIBA (Japan), National Instruments (US), and Softing AG (Germany). These companies developed new products, adopted expansion strategies, and undertook collaborations, partnerships, and mergers & acquisitions to gain traction in this high-growth EV test equipment market.

AVL is one of the leading players in the EV test equipment market. specialized in developing, integrating, simulating, and testing various types of powertrain systems in the automotive industry, including ICE, hybrid, electric drive, transmission, fuel cell, and batteries. The company offers engineering solutions, testing solutions, and simulation technologies for powertrain elements such as batteries, controls & electronics, and e-drive. Additionally, in May 2020, AVL announced that it is supporting ISP, an independent test institute in setting new battery test center in Salzbergen, Germany. Both companies will be expanding the testing capacities in the facility. Also, in 2019, AVL SlimLine Dilution Systems was revealed, one of the most flexible testbed setups available for crowded test conditions/environments. It is energy efficient and easy to use, along with enhanced test performances and maximized frontloading capabilities, even in already existing powertrain and engine test cells.

teamtechnik is another renowned player in this market. The company offers its renowned modular EOL (end-of-line) concept test benches/solutions for E-Drive systems. These test solutions are claimed to be completely automated and have flexible test software. Its COMPACT DRIVE is the standardized test bench solutions/platforms that can be used for testing a variety of variants and products. teamtechnik also offers its E-Drive test software package required for the graphical output from testing. As stated by the company, 60% of its sales is generated by the e-mobility segment, which predominantly consists of test systems/platforms for electric and hybrid drives. Also, the company revealed in December 2020 that Dürr Group acquired a majority stake (75%) of teamtechnik to expand its automation business further. In December 2020, the company revealed that a renowned electric vehicle OEM placed an order worth several million euros for test benches for electric drives.

Horiba, TUV Rheinland, Chroma ATE, Kuka AG, Softing AG, FEV Group, and SGS are some of the other players in this market. In October 2020, HORIBA introduced the all new automatic driving system, ADS EVO, which works as a driving robot for testing vehicles. In October 2020, FEV Group launched a fully integrated turnkey solution for testing the latest generation high-voltage batteries. In July 2020, Chroma ATE launched a new Battery Pack Integrated Testbed, Chroma 8610, designed for the development and application of battery pack/modules and related parts. It integrates DC power supply, digital meter, battery charger/discharge system, and Hi-Pot equipment. The open architecture of 8610 provides a flexible and powerful UI (user interface). In July 2020, Arbin launched new 3-Electrode battery testing solution. In July 2020, T-Systems and KUKA partnered to develop digitized solutions for manufacturing industries. In May 2018, Hyundai Heavy Industries and KUKA signed an MoU for a strategic partnership.

Related Reports:

EV Test Equipment Market by Vehicle Type (Passenger Car and Commercial Vehicle), by Electric Vehicle Type (BEV and HEV), by Equipment Type, by Application (EV Component and Drivetrain, EV Charging, and Powertrain), Region - Global Forecast to 2026

Mr. Aashish Mehra
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