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The EV testing equipment market in North America is expected to grow from US$6,113.60 million in 2021 to US$ 19,224.78 million by 2028; it is estimated to grow at a CAGR of 18.7% from 2021 to 2028

North America EV Testing Equipment Market Analysis report 2022: A $19.22 Bn Market by 2022 - Smart Charging and Connected Infrastructure to Gain Traction & Growing Production and Sales of EVs - ResearchAndMarkets.com

The "North America EV Testing Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Vehicle Type, Equipment Type, Application, and End Users" report has been added to ResearchAndMarkets.com's offering

By AP News
Published - Sep 26, 2022, 05:19 AM ET
Last Updated - Jun 12, 2024, 06:23 AM EDT

DUBLIN--(BUSINESS WIRE)--Sep 26, 2022--

The EV testing equipment market in North America is expected to grow from US$6,113.60 million in 2021 to US$ 19,224.78 million by 2028; it is estimated to grow at a CAGR of 18.7% from 2021 to 2028.

The rising concern regarding the transportation sector's impact on the environment led to an unprecedented requirement of decarbonizing transportation to meet climate goals and limit global warming, thereby increasing the adoption of low carbon technology in the transportation sector.

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