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Pulished Date February, 2020
ID: 8428
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Cable Testing and Certification Market by Voltage (High, Medium and Low), Test (Type Test, Routine Test, and Sample Test), End-User (Utility Providers and Cable Manufacturers) and Region( Latin America, North America, Asia Pacific, Europe, Middle East and Africa) - Industry Analysis, Size, Share, Growth, Trends, and Forecast Report (2020–2025)

Pulished: February, 2020
ID: 8428
Pages: 170

Cable Testing and Certification Market Share, Size & Trends (2020 - 2025)

The global Cable Testing and Certification Market is estimated to be worth USD 11.1 billion in 2020 and is predicted to reach $ 14.4 billion by 2025, with a CAGR of 5.6% between 2020 and 2025.

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 the 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 call for high voltage cables from different end-users is 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 reduces possible errors in the network system. The manufacturer and the utility provider are the primary end-users of cable testing and certification.

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 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 are predicted to increase 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 Segmentation as per the latest study until 2025.

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.

Cable Testing and Certification Market Key Players:

The leading players in the global cable testing and certification market are DEKRA (Germany), Underwriters Laboratories (US), British Approvals Service for Cables (UK), SGS (Switzerland), BRE Global (UK), TÜV Rheinland (Germany), Bureau Veritas (France), Intertek (UK), TÜV NORD GROUP (Germany), North Central Electric (US), RN Electronics (UK), TÜV SÜD (Germany), Eland Cables (UK), Industrial Tests (US), Eurofins Scientific (Luxembourg), KEMA Laboratories (Norway), Applus+ (Spain), CESI (Italy), Kinectrics (Canada), Tecnalia Corporation (Spain), The Institute for International Product Safety (Germany), and Central Power Research Institute (India).

1. Introduction                                

               1.1 Market Definition                    

               1.2 Study Deliverables                  

               1.3 Base Currency, Base Year and Forecast Periods                          

               1.4 General Study Assumptions                 

2. Research Methodology                                          

               2.1 Introduction                             

               2.2 Research Phases                      

                              2.2.1 Secondary Research           

                              2.2.2 Primary Research 

                              2.2.3 Econometric Modelling      

                              2.2.4 Expert Validation  

               2.3 Analysis Design                        

               2.4 Study Timeline                         

3. Overview                                     

               3.1 Executive Summary                

               3.2 Key Inferences                         

               3.3 Epidemology                            

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

               4.1 Market Drivers                         

               4.2 Market Restraints                   

               4.3 Key Challenges                         

               4.4 Current Opportunities in the Market               

5. Market Segmentation                                            

               5.1 Voltage                       

                              5.1.1 Introduction           

                              5.1.2 High          

                              5.1.3 Medium    

                              5.1.4 Low           

                              5.1.5 Y-o-Y Growth Analysis, By Voltage 

                              5.1.6 Market Attractiveness Analysis, By Voltage

                              5.1.7 Market Share Analysis, By Voltage

               5.2 Test              

                              5.2.1 Introduction           

                              5.2.2 Type Test 

                              5.2.3 Routine Test          

                              5.2.4 Sample Test           

                              5.2.5 Y-o-Y Growth Analysis, By Test       

                              5.2.6 Market Attractiveness Analysis, By Test      

                              5.2.7 Market Share Analysis, By Test       

               5.3 Application                 

                              5.3.1 Introduction           

                              5.3.2 Utility Providers    

                              5.3.3 Cable Manufacturers          

                              5.3.4 Y-o-Y Growth Analysis, By Application         

                              5.3.5 Market Attractiveness Analysis, By Application        

                              5.3.6 Market Share Analysis, By Application         

6. Geographical Analysis                                            

               6.1 Introduction                             

                              6.1.1 Regional Trends    

                              6.1.2 Impact Analysis     

                              6.1.3 Y-o-Y Growth Analysis        

                                             6.1.3.1 By Geographical Area

                                             6.1.3.2 By Product

                                             6.1.3.3 By Type

                                             6.1.3.4 By Application

                                             6.1.3.5 By Indication

                              6.1.4  Market Attractiveness Analysis      

                                             6.1.4.1 By Geographical Area

                                             6.1.4.2 By Product

                                             6.1.4.3 By Type

                                             6.1.4.4 By Application

                                             6.1.4.5 By Indication

                              6.1.5  Market Share Analysis       

                                             6.1.5.1 By Geographical Area

                                             6.1.5.2 By Product

                                             6.1.5.3 By Type

                                             6.1.5.4 By Application

                                             6.1.5.5 By Indication

               6.2 North America                         

                              6.1.1 Introduction           

                              6.1.2 United States         

                              6.1.3 Canada     

               6.3 Europe                        

                              6.2.1 Introduction           

                              6.2.2 U.K            

                              6.2.3 Spain         

                              6.2.4 Germany  

                              6.2.5 Italy           

                              6.2.6 France      

               6.4 Asia-Pacific                

                              6.3.1 Introduction           

                              6.3.2 China        

                              6.3.3 India         

                              6.3.4 Japan        

                              6.3.5 Australia   

                              6.3.6 South Korea           

               6.5 Latin America                           

                              6.4.1 Introduction           

                              6.4.2 Brazil         

                              6.4.3 Argentina 

                              6.4.4 Mexico     

                              6.4.5 Rest of Latin America          

               6.6 Middle East & Africa              

                              6.5.1 Introduction           

                              6.5.2 Middle-East           

                              6.5.3 Africa        

7. Strategic Analysis                                      

               7.1 PESTLE analysis                        

                              7.1.1 Political    

                              7.1.2 Economic 

                              7.1.3 Social        

                              7.1.4 Technological        

                              7.1.5 Legal         

                              7.1.6 Environmental       

               7.2 Porter’s Five analysis                             

                              7.2.1 Bargaining Power of Suppliers         

                              7.2.2 Bargaining Power of Consumers     

                              7.2.3 Threat of New Entrants      

                              7.2.4 Threat of Substitute Products and Services

                              7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                       

               8.1 Central Power Research Institute                     

                              8.1.1 Overview 

                              8.1.2 Product Analysis   

                              8.1.3 Financial analysis  

                              8.1.4 Recent Developments        

                              8.1.5 SWOT analysis       

                              8.1.6 Analyst View          

               8.2 DEKRA                         

               8.3 TÜV NORD GROUP                  

               8.4 TÜV Rheinland                         

               8.5 SGS               

               8.6 Bureau Veritas                         

               8.7 Intertek                       

               8.8 British Approvals Service for Cables                 

               8.9 BRE Global                 

               8.10 Underwriters Laboratories                

9. Competitive Landscape                                         

               9.1 Market share analysis                           

               9.2 Merger and Acquisition Analysis                       

               9.3 Agreements, collaborations and Joint Ventures                          

               9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                          

               a) List of Tables                

               b) List of Figures                             

  • Global,Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of by Voltage ,by end user , by region along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Cable Testing and Certification Market By Region, From 2020-2025 ( USD Billion )

  2. Global Cable Testing and Certification Market By Voltage, From 2020-2025 ( USD Billion )

  3. Global High Market By Region, From 2020-2025 ( USD Billion )

  4. Global Medium Market By Region, From 2020-2025 ( USD Billion )

  5. Global Low Market By Region, From 2020-2025 ( USD Billion )

  6. Global Cable Testing and Certification Market By Test, From 2020-2025 ( USD Billion )

  7. Global Type Test Market By Region, From 2020-2025 ( USD Billion )

  8. Global Routine Test Market By Region, From 2020-2025 ( USD Billion )

  9. Global Sample Test Market By Region, From 2020-2025 ( USD Billion )

  10. Global Cable Testing and Certification Market By End-User, From 2020-2025 ( USD Billion )

  11. Global Utility Providers Market By Region, From 2020-2025 ( USD Billion )

  12. Global Cable Manufacturers Market By Region, From 2020-2025 ( USD Billion )

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