The Cable Testing and Certification Market will reach an estimated valuation of USD 19.49 billion by 2027 while registering this growth at a rate of 5% for the forecast period of 2021 to 2027.
Factors such as poor performance of new network systems, inadequate system deployment, and defective products have increased the need for cable testing and certification. Improved quality assurance processes and elimination of possible error criteria have driven cable manufacturers’ cable testing and certification needs. Cable testing and certification means verifying the cabling effectiveness of a network as required by industry standards. Cable testing and certification are used to ensure that new cabling connections provide transmission speeds in accordance with consumer specifications. These certifications can address issues such as wire crossings, cable strain, cable damage or kinks, cable breakdowns and failures, improper cable termination, and proper connector installation.
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Market Segments
By end-user:
- Cable manufacturers
- Utility providers
By test type:
- Routine
- Sample
- Type
By voltage type:
- Low
- Medium
- High
Key Players
The leading players in the 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).
Scope of the Report
The research study analyzes the global Cable Testing and Certification industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cable Testing and Certification Market Report
1. What was the Cable Testing and Certification Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Cable Testing and Certification Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cable Testing and Certification Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Cable Testing and Certification market.
- The market share of the global Cable Testing and Certification market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Cable Testing and Certification market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Cable Testing and Certification market.
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