The rising number of newly registered electric vehicle (EV) in China has had a profound impact on the country's homologation market, which refers to the process of certifying that a vehicle complies with the necessary safety and environmental regulations to be legally sold and operated on the road. China has emerged as the world's largest market for EVs, with a strong government push to reduce carbon emissions and promote clean energy solutions. This surge in EV registrations has driven significant changes in the homologation landscape.
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Data Bridge Market Research analyses that the China Homologation Market is expected to reach USD 269,417.46 thousand by 2030 from USD 187,416.00 thousand in 2022, growing with a substantial CAGR of 4.7% in the forecast period of 2023 to 2030.
Key Findings of the Study
Development of Autonomous Vehicles
The development of autonomous vehicles has had a significant impact on the China homologation market. Homologation refers to the process of certifying that a product, in this case, autonomous vehicles, complies with the safety and regulatory standards set by the government. In China, the government has recognized the potential of autonomous vehicles and has been actively promoting their development, making homologation a crucial step in their deployment.
The Chinese government has been actively supportive of the autonomous vehicle industry through policies and incentives. They have created a favorable environment for research and development by offering subsidies, tax breaks, and supportive regulations. To ensure the safety of these vehicles on the road, stringent homologation standards have been established, covering aspects such as vehicle performance, cybersecurity, and safety protocols.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 – 2020)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Sourcing Type (Outsourced Services and In-House Services), Type (System & Component Homologation and Full Vehicle Homologation), Service Type (Testing Services, Inspection Services, Certification Services, and Others), Validity (National and International), Engine Type (Electric and Internal Combustion Engine (ICE)), Application (Electrical Systems & Components, Telematics, Fuels, Fluids & Lubricants, and Others), Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two Wheelers, and Agricultural Equipment)
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Country Covered
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China
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Market Players Covered
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TÜV SÜD (Germany), SGS Société Générale de Surveillance SA. (Switzerland), Applus+ (Spain), FORVIA (France), G&M Compliance, Inc. (U.S.), UTAC (France), IB-Lenhardt AG (Germany), UL LLC (U.S.), Intertek Group plc (U.K.), DEKRA com (Germany), Bureau Veritas (France), TÜV Rheinland (Germany), Formel D (Germany), TASS International (The Netherland), among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis
The China homologation market is segmented into seven notable segments based on sourcing type, type, service type, validity, engine type, application, vehicle type.
- On the basis of sourcing type, the market is segmented into outsourced services and in-house services.
In 2023, the outsourced services segment is expected to dominate the China homologation market
In 2023 the outsourced services segment is expected to dominate the market with 63.71% share due to country's strong manufacturing capabilities and the need for compliance with local regulations. This segment aligns with China's focus on domestic production and regulatory compliance, making it a prominent choice for homologation services.
- On the basis of type, the market is segmented into system & component homologation and full vehicle homologation. In 2023, the system & component homologation segment is expected to dominate the market with 56.42% share.
- On the basis of service type, the market is segmented into testing services, inspection services, certification services, and others.
In 2023, the testing services segment is expected to dominate the China homologation market
In 2023 the testing services segment is expected to dominate the market with 41.63% share due to its pivotal role in verifying compliance with intricate regulatory standards, ensuring product quality and safety in a highly regulated automotive industry. Testing services provide essential validation and assurance, making them a cornerstone of the homologation process in China.
- On the basis of validity, the market is segmented into international and national. In 2023, the international segment is expected to dominate the market with 64.45% share.
- On the basis of engine type, the market is segmented into electric and internal combustion engine (ICE). In 2023, the electric segment is expected to dominate the market with 52.06% share.
- On the basis of application, the market is segmented into electrical systems & components, telematics, fuels, fluids & lubricants, and others. In 2023, the electrical systems & components segment is expected to dominate the market with 47.28% share.
- On the basis of vehicle type, the market is segmented into passenger vehicles, commercial vehicles, two wheelers, and agricultural equipment. In 2023, the passenger vehicles segment is expected to dominate the market with 47.58% share.
Major Players
Data Bridge Market Research analyzes SGS Société Générale de Surveillance SA. (Switzerland), Applus+ (Spain), FORVIA (France), UTAC (France), Intertek Group plc (U.K.), as the major market players in the China homologation market.
Market Development
- In July 2023, UTAC and SMVIC strengthened their cooperation, with SMVIC's test center being co-approved as a Euro NCAP facility in China. This achievement, celebrated in the presence of industry leaders, marks a major stride in advancing global vehicle safety and reducing accident rates. Additionally, the signing of a new MOU signals a continued commitment to enhancing Testing, Type Approval, and Certification activities, reinforcing UTAC's position as a trusted expert in promoting safer and cleaner mobility.
- In July 2023, UL LLC. was designated as a Certification Body Testing Laboratory (CBTL) for Battery and Electric Vehicle Charger Services in Taiwan, providing comprehensive testing services for manufacturers in the e-mobility and energy industries.
- In May 2023, FORVIA CLD, a prominent Chinese hydrogen tank manufacturer, marked a pivotal step in advancing hydrogen mobility in China. CLD's recent Type IV tank certification by the Chinese government, known for its lightweight design, enhances Faurecia's position in this sector. With CLD's growth potential and Type IV tanks, Faurecia is primed to accelerate hydrogen mobility in China, solidifying its presence and impact in the market.
- In March 2023, SGS Société Générale de Surveillance SA reinforces its dedication to the bio/pharmaceutical industry with a significant investment in a cutting-edge bioanalytical testing facility in Pudong, Shanghai, closely aligned with its existing testing hub. With enhanced capabilities, from preclinical to clinical stages, this initiative promises streamlined IND and NDA processes, demonstrating SGS's commitment to advancing drug R&D and quality in collaboration with key industry leaders.
- In May 2021, Bureau Veritas's Detroit automotive laboratory received approval from General Motors for Automotive EMC Specification GMW3097:2019, solidifying our position as a vital testing entity in the automotive supply chain.
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