Cable Testing and Certification Market

Cable Testing and Certification Market-Size (2023-2028)

The cable testing and certification market is estimated to be worth USD 13.1 billion in 2022 and is predicted to reach $ 17. billion by 2028, with a CAGR of 6.21% between 2023-2028

Factors such as poor performance in new network systems, improper system implementation, and faulty products have driven the need to carry out tests and certifications. The improvement of quality assurance processes and the elimination of possible error criteria have led cable manufacturers to test and certify cables. Cable tests and certifications are employed to ensure that new cable connections provide transmission speeds that meet consumer specifications. These certifications can solve problems like crossover cables, strained cables, cable damage or kinks, cable breaks and failures, incorrect cable termination, and correct connector installation. Cable testing and certification is the process of verifying operations and identifying defects, if any, in cables and wires. This is done in accordance with established standards as specified by the government of certain countries or in accordance with international standards. This process is carried out through a specified device and providers of this service. This assures the consumer of these cables and wires that the manufacture of these particular products has been carried out to the highest standards.

High-voltage cables are employed in underground, aerial, and underwater conditions. Some of the main end-users of high-voltage cables include transmission and distribution services, offshore wind farms, and other energy industries. Escalating calls for high-voltage cables from different end-users are predicted to drive the call for testing and certification. Cable tests and certifications are employed to resolve problems such as crossover cables, cable tension and malfunction, cable damage or kinks, correct connector deployment, and incorrect cable termination. They improve quality and reduce possible errors in the network system. The manufacturer and the utility provider are the primary end-users of cable testing and certification.

Cable Testing and Certification Market Drivers:

The expansion of the global cable testing and certification market is predicted to gain ground in the coming years, subject to factors such as the escalating use of cables due to the increase in power generation in OECD and non-member countries, the expansion of the electronics and computing in the world sectors and growing industrialization and urbanization. The escalating call for cable testing and certification in the electrical and electronic, rail, automotive, marine, road, aerospace, and power generation and distribution sectors will drive the global cable testing and certification market in the future. The massive call for high-voltage cables by a large number of end-users, including transmission and distribution utilities, offshore wind farms, and the energy industry, will significantly influence the expansion of the global cable testing and certification market over the foreseen period.

Restraints in the Cable Testing and Certification Market:

High pricing of the complete procedure of cable testing and certification is predicted to act as a major restraint to the industry expansion.

Opportunities in the Cable Testing and Certification Market:

The augmented use of cables due to escalated electricity generation in OECD (Organization for Economic Cooperation and Development) countries and outside the OECD is supposed to be driving market expansion. The expansion of the electronics and computer industries around the world is again driving market expansion. In addition to this, surge in industrialization and urbanization are further driving the expansion of the market. The use of cables in the construction and automotive sectors and the production of renewable energy is predicted to increase the call for this market during the outlook period.

Challenges in the Cable Testing and Certification Market

The high cost of cable testing and certification is likely to hamper the market demand in the coming years. 

CABLE TESTING AND CERTIFICATION MARKET REPORT COVERAGE:

Cable Testing and Certification Market Segmentation as per the latest study until 2028.

Cable Testing and Certification Market By Voltage:

• Low voltage

• Medium voltage

• High voltage

The high voltage segment dominates the worldwide cable testing and certification market. The low voltage segment is predicted to be the second-fastest-growing market during the foreseen period.

Cable Testing and Certification Market - By Test:

• Routine test

• Sample test

• Type test

A sample test is a group of tests performed on samples of terminated cables at a specific frequency, to verify whether the cables produced meet the specified requirements. The frequency of testing can vary from a month or more.

Cable Testing and Certification Market-By End-user:

• Cable manufacturers

• Utility providers

Cable Testing and Certification Market-By Region:

• North America 

• Europe 

• Asia Pacific

• Latin America 

• Middle East & Africa 

APAC is the world's largest cable testing and certification marketplace. The escalated call for cables is associated with the increasing electricity generation and distribution due to rapid industrialization and urbanization. The call for cables from various industries, such as energy and electronics, transportation, and power services in the APAC region, is predicted to support cable testing and certification business in the region. Asia-Pacific is predicted to be the fastest-growing market for cable testing and certification worldwide.

Growing power crises and blackouts in several countries in North America and Europe are predicted to drive market calls for cable testing and certification in the coming years. The massive presence of reputable manufacturers will drive gains from the cable testing and certification market in these regions. The markets in the Middle East, Africa and Latin America have enormous expansion potential and will contribute significantly to the worldwide cable testing and certification market in the near future.

Recent Developments 

• Leading cable testing and certification provider BASEC is expanding its cable testing and certification offering by investing in new service capabilities for the data communications market.

• AEM, an innovative test and measurement solutions provider, launched its Network Service Assistant with Certi-Lite, a novel hybrid tester class that can bridge the gap between network connectivity and testing of standards-based cables.

Cable Testing and Certification Market Key Players:

1. DEKRA (Germany)

2. Underwriters Laboratories (US)

3. British Approvals Service for Cables (UK)

4. SGS (Switzerland)

5. BRE Global (UK)

6. TÜV Rheinland (Germany)

7. Bureau Veritas (France)

8. Intertek (UK)

9. TÜV NORD GROUP (Germany)

10. North Central Electric (US)

11. RN Electronics (UK)

12. TÜV SÜD (Germany)