• Resources
  • Blog
  • Journalists
  • Log In
  • Sign Up
  • Data Privacy
  • Send a Release
Cision PR Newswire: news distribution, targeting and monitoring
  • News
  • Products
    • Overview
    • Distribution by PR Newswire
    • Cision Communications Cloud®
    • Cision IR
    • All Products
  • Contact
    • General Inquiries
    • Request a Demo
    • Editorial Bureaus
    • Partnerships
    • Media Inquiries
    • Worldwide Offices

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases
      • All News Releases
      • All Public Company
      • English-only


      • News Releases Overview
      • Multimedia Gallery
      • All Multimedia
      • All Photos
      • All Videos


      • Multimedia Gallery Overview
      • Trending Topics
      • All Trending Topics


  • Business & Money
      • Auto & Transportation
      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation


      • Auto & Transportation Overview
      • Business Technology
      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors


      • Business Technology Overview
      • Entertain­ment & Media
      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television


      • Entertain­ment & Media Overview
      • Financial Services & Investing
      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Stock Offering
      • Stock Split
      • Venture Capital


      • Financial Services & Investing Overview
      • General Business
      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News


      • General Business Overview
  • Science & Tech
      • Consumer Technology
      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications


      • Consumer Technology Overview
      • Energy & Natural Resources
      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities


      • Energy & Natural Resources Overview
      • Environ­ment
      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters


      • Environ­ment Overview
      • Heavy Industry & Manufacturing
      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco


      • Heavy Industry & Manufacturing Overview
      • Telecomm­unications
      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications


      • Telecomm­unications Overview
  • Lifestyle & Health
      • Consumer Products & Retail
      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys


      • Consumer Products & Retail Overview
      • Entertain­ment & Media
      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television


      • Entertain­ment & Media Overview
      • Health
      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine


      • Health Overview
      • Sports
      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories


      • Sports Overview
      • Travel
      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry


      • Travel Overview
  • Policy & Public Interest
      • Policy & Public Interest
      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy


      • Policy & Public Interest Overview
  • People & Culture
      • People & Culture
      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women


      • People & Culture Overview
      • In-Language News

      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • All Products
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO

      Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Policy & Public Interest
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • People & Culture
    • People & Culture
    • Send a Release
    • Sign Up
    • Log In
    • Resources
    • Blog
    • Journalists
    • RSS
    • GDPR
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • All Products
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR

The Global Market for Cable Testing & Certification (2018-2023): A $14.7 Billion Opportunity, Driven by the Growth of Global Electronics & IT Industries

Research and Markets Logo

News provided by

Research and Markets

Nov 19, 2018, 14:00 ET

Share this article


DUBLIN, Nov 19, 2018 /PRNewswire/ --

The "Cable Testing and Certification Market by Voltage (Low Voltage, Medium Voltage and High Voltage), Test (Routine Test, Sample Test and Type Test), End-User (Cable Manufacturers and Utility Providers), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The cable testing and certification market is estimated at USD 11.3 billion in 2018 and is projected to reach USD 14.7 billion by 2023, at a CAGR of 5.4% between 2018 and 2023.

The cable testing and certification market is driven by various factors, such as increasing use of cables due to the rise in electricity generation in the OECD and non-OECD countries, growth in the global electronics and IT industries, and growth in industrialization and globalization.

The cable manufacturers end use segment to witness the highest CAGR in the global cable testing and certification market during the forecast period

The two key end users of cable testing and certification are cable manufacturers and utility providers. Cable manufacturers are the dominant end users of cable testing and certification, globally. They invest in the testing of cables to check their product quality and ensure consistency in the quality of the cables produced. Therefore, the demand for cables from the end-use industries such as electrical & electronics, transportation, and energy generation & distribution is expected to drive the cable manufacturers segment growth

Routine tests to witness the highest CAGR in the global cable testing and certification market during the forecast period

A routine test is a group of tests performed on each batch of finished cables to determine the integrity of the cables. The tests included under this segment are conductor resistance test, high voltage test (hi-pot test), insulation resistance test, copper wire screen resistance test, partial discharge test, dimensional tests, and cable markings and measurement. These tests may differ based on the cable types and are specified in the relevant cable standards. Due to the low cost of routine test, it is expected to grow at a high rate.

The high-voltage cables segment to witness the highest CAGR in the global cable testing and certification market during the forecast period

The cable testing and certification market is segmented into three voltage types, namely, low, medium, and high based on the voltage range of the cables. High-voltage cables are used in submarine, underground, and overhead conditions. Some of the major end users of high-voltage cables include transmission & distribution utilities, offshore wind farms, and other energy industries. The rising demand for high-voltage cables by different end users is expected to drive the demand for their testing and certification.

APAC to record highest growth rate during the forecast period

APAC is projected the fastest-growing market for cable testing and certification, globally. The rise in the demand for cables is associated with the increase in electricity generation and distribution due to the rapid industrialization and urbanization. The rise in demand for cables from several industries such as electrical & electronics, transportation, and energy utilities in APAC is projected to raise the demand for cable testing and certification in the region.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Cable Testing and Certification Market
4.2 APAC: Cable Testing and Certification Market, By Test and Country
4.3 Cable Testing and Certification Market, By Country
4.4 Cable Testing and Certification Market, By Test
4.5 Cable Testing and Certification Market, By End-User

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of Cables Due to the Rise in Electricity Generation in the OECD and Non-OECD Countries
5.2.1.2 Growth in the Global Electronics and IT Industries
5.2.1.3 Growth in Industrialization and Urbanization
5.2.2 Restraints
5.2.2.1 High Cost of Cable Testing and Certification
5.2.3 Opportunities
5.2.3.1 Growing Use of Cables in the Construction and Automotive Industries
5.2.3.2 Rise in Renewable Energy Production
5.2.4 Challenges
5.2.4.1 Harmful Effects Caused While Conducting A Few Cable Tests
5.2.4.2 High Testing and Certification Lead Time
5.3 Macroeconomic Overview
5.3.1 Introduction
5.3.2 GDP Growth Rate and Forecast of Major Economies
5.4 Overview of Applicable Standards and Certifications
5.4.1 Introduction
5.4.2 IEC (International Electrotechnical Commission) Standard
5.4.3 European (EN) Standards
5.4.4 British Standard (BS)
5.4.5 UL (Underwriters Laboratories)
5.4.6 Insulated Cable Engineers Association (ICEA)
5.4.7 Institute of Electrical and Electronics Engineers (IEEE)
5.4.8 Canadian Standards Association (CSA)
5.5 Overview of Regulations
5.5.1 Construction Products Regulation (CPR)
5.5.2 Ce Marking
5.5.3 Low Voltage Directive (LVD)
5.5.4 Restriction of Hazardous Substances (RPHS)
5.5.5 Registration, Evaluation, Authorisation and Restriction of Chemicals (Reach)
5.5.6 Waste From Electrical and Electronic Equipment (WEEE)

6 Cable Testing and Certification Market, By Voltage Type
6.1 Introduction
6.2 Low Voltage
6.2.1 Rising Demand From APAC to Drive the Low-Voltage Cable Testing and Certification Market
6.3 Medium Voltage
6.3.1 Power Distribution Application to Drive the Medium-Voltage Cable Testing and Certification Market
6.4 High Voltage
6.4.1 High-Voltage to Be the Largest Segment of the Cable Testing and Certification Market

7 Cable Testing and Certification Market, By Test
7.1 Introduction
7.2 Routine Test
7.2.1 Routine Test to Remain the Largest Segment of the Cable Testing and Certification Market
7.3 Sample Test
7.3.1 APAC to Remain the Largest Region for the Sample Test Segment in the Cable Testing and Certification Market
7.4 Type Test
7.4.1 Rising Demand for Fire-Resistant Cables to Drive the Type Test Segment in the Cable Testing and Certification Market

8 Cable Testing and Certification Market, By End User
8.1 Introduction
8.2 Cable Manufacturers
8.2.1 Cable Manufacturers to Remain the Largest End User Segment of the Cable Testing and Certification Market
8.3 Utility Providers
8.3.1 APAC to Be the Fastest-Growing Region for Utility Providers in the Cable Testing and Certification Market

9 Cable Testing and Certification Market, By Region
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.1.1 China to Be the Fastest-Growing Market for Cable Testing and Certification in APAC
9.2.2 Japan
9.2.2.1 Rising Cables Demand in the Transportation Application to Drive the Cable Testing and Certification in Japan
9.2.3 India
9.2.3.1 Growing Demand for Cables in the Electricity Generation & Distribution Application to Drive the Cable Testing and Certification in India
9.2.4 South Korea
9.2.4.1 High Voltage Type to Remain the Largest Segment of the Cable Testing and Certification Market in South Korea
9.2.5 Australia
9.2.5.1 Routine Test to Remain the Largest Segment of the Cable Testing and Certification Market in Australia
9.2.6 Rest of APAC
9.2.6.1 Rising Demand for Cables in the Electrical & Electronics Application to Drive the Cable Testing and Certification Market in Rest of APAC
9.3 Europe
9.3.1 Germany
9.3.1.1 Germany to Be the Largest Market for Cable Testing and Certification in Europe
9.3.2 France
9.3.2.1 High Voltage Type to Remain the Largest Segment of the Cable Testing and Certification Market in France
9.3.3 UK
9.3.3.1 Rising Demand for Cables in the Electrical & Electronics Application to Drive the Cable Testing and Certification Market in the UK
9.3.4 Russia
9.3.4.1 Growing Cables Demand in Electricity Generation & Distribution Application to Drive the Cable Testing and Certification in Russia
9.3.5 Italy
9.3.5.1 Routine Test to Remain The Largest Segment of The Cable Testing and Certification Market in Italy
9.3.6 Spain
9.3.6.1 Rising Cables Demand in The Electricity Generation & Distribution Application to Drive The Cable Testing and Certification in Spain
9.3.7 Rest of Europe
9.3.7.1 High Voltage Type to Remain The Largest Segment of The Cable Testing and Certification Market in Rest of Europe
9.4 North America
9.4.1 Us
9.4.1.1 US to Be The Fastest-Growing Market for Cable Testing and Certification in North America
9.4.2 Canada
9.4.2.1 Growing Cables Demand in The Electricity Generation & Distribution Application to Drive The Cable Testing and Certification in Canada
9.4.3 Mexico
9.4.3.1 Routine Test to Remain The Largest Segment of The Cable Testing and Certification Market in Mexico
9.5 South America
9.5.1 Brazil
9.5.1.1 Brazil to Be The Largest Market for Cable Testing and Certification in South America
9.5.2 Argentina
9.5.2.1 Growing Demand for Cables in The Electricity Generation & Distribution Application to Drive The Cable Testing and Certification in Argentina
9.5.3 Rest of South America
9.5.3.1 Routine Test to Remain The Largest Segment of The Cable Testing and Certification Market in Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.1.1 Saudi Arabia to Be The Fastest-Growing Market for Cable Testing and Certification in The Middle East & Africa
9.6.2 UAE
9.6.2.1 Growing Demand for Cables in The Electricity Generation & Distribution Application to Drive The Cable Testing and Certification in UAE
9.6.3 Rest of Middle East & Africa
9.6.3.1 Routine Test to Remain The Largest Segment of The Cable Testing and Certification Market in Rest of Middle East & Africa

10 Competitive Landscape
10.1 Overview
10.2 Competitive Scenario
10.2.1 Expansions
10.2.2 Acquisitions
10.2.3 Agreements/Collaborations/Partnerships

11 Company Profiles
11.1 Underwriters Laboratories (UL)
11.2 Dekra
11.3 British Approvals Service for Cables (Basec)
11.4 SGS
11.5 Tv Rheinland
11.6 Bureau Veritas
11.7 Intertek
11.8 DNV GL (Kema Laboratories)
11.9 Kinectrics
11.10 Cesi
11.11 Other Players
11.11.1 Bre Group
11.11.2 Eland Cables
11.11.3 Eurofins Scientific
11.11.4 Tv Sd
11.11.5 Applus
11.11.6 ALS
11.11.7 TUV Nord
11.11.8 Industrial Tests
11.11.9 North Central Electric
11.11.10 Rn Electronics
11.11.11 Central Power Research Institute (CPRI)
11.11.12 Japan Electric Cable Technology Center (Jectec)

For more information about this report visit https://www.researchandmarkets.com/research/k2lnvh/the_global_market?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

Modal title

Also from this source

APAC Fiber Optic Gyroscope Industry to 2027 - Players Include...


Global Last Mile Delivery Markets, 2018-2019 & 2020-2026 with ...

Explore

More news releases in similar topics

  • Publishing & Information Services
  • Machinery
  • Surveys, Polls and Research

    Contact Cision

  • Cision Distribution 888-776-0942
    from 8 AM - 9 PM ET

  • Chat with an Expert
    • General Inquiries
    • Request a Demo
    • Editorial Bureaus
    • Partnerships
    • Media Inquiries
    • Worldwide Offices

    Products

  • Cision Communication Cloud®
  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • For Small Business
  • All Products

    About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • COVID-19 Resources
  • Accessibility Statement

    • Asia
    • Brazil
    • Canada
    • Czech
    • Denmark
    • Finland
    • France
    • Germany
    • India
    • Israel
    • Italy
    • Mexico
    • Middle East
    • Netherlands
    • Norway
    • Poland
    • Portugal
    • Russia
    • Slovakia
    • Spain
    • Sweden
    • United Kingdom

    My Services

  • All New Releases
  • Online Member Center
  • ProfNet

Contact Cision


Products


About


My Services
  • All News Releases
  • Online Member Center
  • ProfNet℠
Cision Distribution Helpline
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2021 Cision US Inc.