Global Cable Testing and Certification Market Size By Test Type (Routine Test, Sample Test, Type Test), By Voltage Type (Low, Medium, High), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Global Cable Testing and Certification Market Size By Test Type (Routine Test, Sample Test, Type Test), By Voltage Type (Low, Medium, High), By Geographic Scope And Forecast

Cable Testing and Certification Market Size And Forecast

Cable Testing and Certification Market size was valued at USD 13 Billion in 2021 and is projected to reach USD 22 Billion by 2030, growing at a CAGR of 6% from 2023 to 2030.

Cable testing and certification—that's basically making sure your network cables are up to snuff, following the rules the industry has set. We do it to guarantee those brand new connections deliver the speeds our customers expect. Think of it as a way to catch the gremlinscrossed wires, strained cables, nasty kinks, or even a cable that's just plain given up the ghost. It also helps us spot dodgy terminations or when someone's been a bit clumsy putting connectors in. If you're curious about the bigger picture, the Global Cable Testing and Certification Market report gives you the whole shebang. It dives deep into the important parts of the market, looking at the hot trends, what's driving things forward (and what's holding them back), who the big players are, and all the other stuff that really matters.

Global Cable Testing and Certification Market Definition

The industry that offers testing, inspection, and certification services for various types of cables used in various applications is referred to as the Global Cable Testing and Certification Market. In this market, cables, which are crucial parts of electrical systems, telecommunications networks, and other infrastructure, are ensured to be of the highest possible quality, safety, and compliance. Testing cables involves examining them to determine their functionality, electrical characteristics, mechanical strength, and durability. It covers a wide range of tests, including those for signal integrity, conductor resistance, insulation resistance, capacitance, and dielectric strength.

These examinations are carried out to find any flaws, errors, or deviations from industry norms. In the market for cable testing certification services, cables that abide by certain norms and laws are marked with compliance certificates or marks. These certificates show that the cables have been thoroughly tested and have been confirmed to meet the necessary performance and safety requirements. Power transmission and distribution, telecommunications, oil and gas, the automobile, aerospace, and construction sectors are just a few of the industries that the cable testing and certification industry serves.

In order to assure the dependability, effectiveness, and safety of cable installations as well as to abide by international and domestic norms and laws, there is a demand for these services. Increased investments in infrastructure development, rising demand for high-speed data transmission, rising safety and quality concerns, and the need for adherence to regulations and industry standards are some of the factors propelling the Cable Testing and Certification Market’s expansion. The growth of this market is also aided by technological developments like the appearance of new testing procedures and tools.

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Global Cable Testing and Certification Market Overview

The Global Cable Testing and Certification Market is a dynamic industry, expanding significantly with a number of factors influencing its expansion and advancement. There are obstacles and limitations that affect the market at the same time. With rapid urbanization, there is an ever-rising demand for reliable and efficient power transmission, which requires extensive use of good-quality cables. Power transmission systems must be efficient due to the rising global demand for electricity.

The market is driven by the importance of cable testing and certification in guaranteeing the performance, reliability, and safety of power cables. Strict safety and quality standards are being implemented for numerous industries by governments and regulatory agencies around the world. Cable certification and testing aid in following these rules, driving the market. The widespread adoption of renewable energy sources like wind and solar power necessitates a huge infrastructure of cabling. Cable testing and certification ensure the integrity of these cables, promoting their adoption and driving the market.

The growth of power distribution networks is necessary due to the rapid industrialization and urbanization of developing economies. By ensuring the cabling used in these networks is reliable and of high quality, cable testing and certification promote market expansion. One of the main factors propelling the Global Cable Testing and Certification Market is the advancements in cable testing technologies. The market is experiencing advancements in cable testing technologies, including automated systems and non-destructive testing techniques. These innovations boost cable testing’s effectiveness and precision, driving the market’s expansion.

The market for global cable testing and certification has some limitations and difficulties despite the growth prospects. The high initial investment costs involved with the installation and maintenance of cable infrastructure are one of the key obstacles. Infrastructure for cable testing and certification requires to be set up with a large capital investment. This can act as a restraint, especially for small and medium-sized businesses (SMEs) and emerging economies, inhibiting market expansion. Due to the complexity of cable testing and certification, qualified specialists with knowledge of numerous testing methodologies and standards are needed.

The growth of the market may be hampered by the lack of competent labor. The market’s availability of counterfeit and low-quality cables is a problem for the cable testing and certification sector. These cables might not adhere to the necessary requirements, endangering performance and safety and having an impact on the market. Numerous industries, notably the market for cable testing and certification, have been affected by the COVID-19 pandemic. The market has been negatively impacted by lockdown disruptions, supply chain problems, and the economic slump, which has led to delays in projects and investments.

Global Cable Testing and Certification Market Segmentation Analysis

The Global Cable Testing and Certification Market is Segmented on the basis of Test Type, Voltage Type, and Geography.

Cable Testing and Certification Market, By Test Type

  • Routine test
  • Sample test
  • Type test

Okay, so when we look at the market, it's really split up by Test Typeyou've got your routine tests, sample tests, and type tests. Now, sample tests? Those are the big players, grabbing the biggest chunk of the market right now, and we think they're going to keep growing the fastest too! Basically, a sample test is when you grab some finished cables and put them through a series of tests to see if they actually meet all the standards. It's like checking different batches of cables from the same factory, but made at different times, to make sure the quality is consistent. The main goal? To really get a good look at how the cables are put together. Some of the key tests here include things like crush resistance, flexing, high voltage (think water immersion!), oil & tear resistance, how strong they are when you pull them (tensile strength and elongation at break), and even how well they absorb water. Looking ahead, we're expecting to see more and more high-quality cables being traded around the world, which means a higher demand for these kinds of tests!

 Cable Testing and Certification Market, By Voltage Type

  • Low
  • Medium
  • High

So, when we're talking about the cable market, it's basically broken down by voltage typelow, medium, and high. It looks like low-voltage cables are the big dogs right now, holding the biggest slice of the pie. And get this, they're expected to grow the quickest in the next few years! According to the International Electro-Technical Commission, low-voltage means anything under 1 kV. These cables are essential for getting electricity to where it needs to go after the main power lines. They're used everywhere – commercial buildings, factories, even by utility companies – which is why they dominate the global cable testing and certification scene. Plus, they're easier on the wallet compared to the medium and high-voltage stuff. What's driving this growth? Simplemore infrastructure projects and more factories becoming automated around the world.

Cable Testing and Certification Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

On the basis of Regional Analysis, The Global Cable Testing and Certification Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific has the greatest market share, and it is expected to continue expanding steadily over the forecast period. Due to the rise in cable manufacturing and application in nations like China, Japan, India, South Korea, and Australia, the area has become the largest consumer of cable testing and certification. During the projected period, these countries’ rapid industrialization is anticipated to fuel the region’s market for cable testing and certification.

Key Players

The “Global Cable Testing and Certification Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as TÜV Rheinland, DEKRA, Bureau Veritas, Underwriters Laboratories, SGS, TÜV Nord Group, British Approvals Service for Cables, BRE Global, RN Electronics, TÜV SÜD, Intertek, Industrial Tests, North Central Electric, Eland Cables, and CESI.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Key Developments

  • In May 2022, Electrical equipment for medical use is now a new category of items that DEKRA Testing and Certification S.A.U. have added to its accreditation as a Testing Laboratory (CBTL) for the IECEE CB Scheme. To guarantee the security of electrical and electronic components, this certification program is run by the IEC System of Conformity Assessment Schemes for Electrotechnical Equipment and Components (IECEE).
  • In October 2020, The IOT Excellence Centre in Shenzhen, China’s TÜV Rheinland Greater China, announced that its EMC laboratory has been approved as a service provider for HDMI® category 3 cable assembly EMI testing. The HDMI Forum, the industry group that created the HDMI 2.1 Specification and Compliance Test Specification (CTS), carried out the online assessment in September 2020. The Shenzhen EMC laboratory of TÜV Rheinland is one of only two authorized test providers in mainland China for this type of testing services.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2018-2020

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

TÜV Rheinland, DEKRA, Bureau Veritas, Underwriters Laboratories, SGS, TÜV Nord Group, British Approvals Service for Cables, BRE Global, RN Electronics, TÜV SÜD, Intertek. 

SEGMENTS COVERED
  • By Test Type
  • By Voltage Type
  • By Geography
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