The global Cable Testing Certification Services Market is forecast to reach USD 16.92 Billion by 2026, according to a new report by Reports and Data. Cable Testing Certification Services are widely used to verify the safety and efficiency of the cables in the electronics and electrical industry, for the application of energy generation and distribution, transportation, and many others.

The market for cable testing is influenced by the rising weak performance of new improper network systems, bad products, and improper system deployment. The Cable Testing Certification Services from cable manufacturers are fulfilling the requirement of the consumers by enhancing quality assurance procedures which reduce potential errors. Cable Testing Certification Services market reconcile issues such as cable tension, cable damage or cable kinks, crossed wire, and improper termination of cable.

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Further key findings from the report suggest

• The routine test segment held a market share of 49.3% in the year 2018. The routine test is used to check the integrity of the cables by a group of tests on the finished cables. The routine test varies according to the cable types since there are specific standardization for testing.
• High voltage segment is forecasted to witness the highest CAGR of 5.9% during the forecast period. This type of voltages are mainly used for testing the cables in overhead, submarine and underground conditions. The sectors who use high voltage cables are energy industries, offshore wind farms, and many others.
• Cable Manufacturers held the largest market share of 53.3% in the year 2018, owing to the ever-growing electrical and electronics industry, and the huge production of electronic materials and energy utility.
• Asia Pacific is forecasted to grow with the highest CAGR of 6.1% during the forecast period. Countries like India, China, and Japan are rapidly catching up with the growth in the Cable Testing Certification Services market.
• China became a leader in world electrical and electronics item manufacturers’ production because of its low-cost labor, and high technological advancements compared with other countries.

Key companies profiled in the report include:  

Dekra, Underwriters Laboratories, British Approvals Service for Cables (BASC), Bureau Veritas, Tv Rheinland, Eurofins Scientific, SGS, DNV GL (Kema Laboratories), Intertek, and Kinectric among others.

Test Type Outlook (Revenue, USD Billion; 2016-2026)

• Routine
• Sample
• Type

Voltage Type Outlook (Revenue, USD Billion; 2016-2026)

• Low Voltage
• Medium Voltage
• High Voltage

End Users Outlook (Revenue, USD Billion; 2016-2026)

• Cable Manufacturers
• Utility Providers

Based on Region market is segmented into:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East Africa

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