China Electric Vehicle Testing, Inspection, And Certification Market Size & Outlook

The electric vehicle testing, inspection, and certification market in China is expected to reach a projected revenue of US$ 345.5 million by 2030. A compound annual growth rate of 14.3% is expected of China electric vehicle testing, inspection, and certification market from 2024 to 2030.
Revenue, 2023 (US$M)
$135.7
Forecast, 2030 (US$M)
$345.5
CAGR, 2024 - 2030
14.3%
Report Coverage
China

China electric vehicle testing, inspection, and certification market, 2018-2030 (US$M)

China

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China electric vehicle testing, inspection, and certification market highlights

  • The China electric vehicle testing, inspection, and certification market generated a revenue of USD 135.7 million in 2023 and is expected to reach USD 345.5 million by 2030.
  • The China market is expected to grow at a CAGR of 14.3% from 2024 to 2030.
  • In terms of segment, testing was the largest revenue generating service type in 2023.
  • Certification is the most lucrative service type segment registering the fastest growth during the forecast period.


Electric vehicle testing, inspection, and certification market data book summary

Market revenue in 2023USD 135.7 million
Market revenue in 2030USD 345.5 million
Growth rate14.3% (CAGR from 2023 to 2030)
Largest segmentTesting
Fastest growing segmentCertification
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTesting, Inspection, Certification
Key market players worldwideBureau Veritas SA, Intertek Group PLC, SGL Group, SGS AG, Unilever PLC ADR, BSI Group, Dekra, Element Materials Technology, iASYS, TUV SUD, TÜV Rheinland Group


Other key industry trends

  • In terms of revenue, China accounted for 11.2% of the global electric vehicle testing, inspection, and certification market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China electric vehicle testing, inspection, and certification market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 125.9 million by 2030.

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Electric Vehicle Testing, Inspection, And Certification Market Companies

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China electric vehicle testing, inspection, and certification market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric vehicle testing, inspection, and certification market will help companies and investors design strategic landscapes.


Testing was the largest segment with a revenue share of 72.73% in 2023. Horizon Databook has segmented the China electric vehicle testing, inspection, and certification market based on testing, inspection, certification covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the China electric vehicle testing, inspection, and certification market , including forecasts for subscribers. This country databook contains high-level insights into China electric vehicle testing, inspection, and certification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China electric vehicle testing, inspection, and certification market size, by service type, 2018-2030 (US$M)

China Electric Vehicle Testing, Inspection, And Certification Market Outlook Share, 2023 & 2030 (US$M)

China electric vehicle testing, inspection, and certification market size, by service type, 2018-2030 (US$M)

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