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Global Battery Testing, Inspection, and Certification Market Size study, by Standard and Certification Type (Safety Testing, EMC Testing, Performance Testing, Others), by Battery Type (Lithium-ion, Lead-Acid, Nickel-Metal Hydride, Other Battery Types), by Service Type (Testing, Inspection, Certification), by Application (Electric Vehicles (EVs), Internal Combustion Engine (ICE) Vehicles, Consumer Electronics, Industrial Equipment, Medical Devices, Other Applications), and Regional Forecasts 2022-2032

August 2024 | 200 pages | ID: G3A37D176304EN
Bizwit Research & Consulting LLP

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Global Battery Testing, Inspection, and Certification Market is valued approximately at USD 12.46 Billion in 2023 and is anticipated to grow with a healthy growth rate of more than 19.6% over the forecast period 2024-2032. Battery testing, inspection, and certification is a critical process that ensures the safety, performance, and reliability of batteries used across various applications. This comprehensive evaluation includes rigorous testing and assessment of battery components and systems to verify compliance with industry standards and regulations. The increasing adoption of electric vehicles (EVs) and energy storage systems (ESS), stringent enforcement of safety standards, the thriving portable electronics industry, and rapid advances in battery technology are some of the primary factors propelling the market growth globally.
The growing investment in clean energy initiatives, automation of testing processes using digital technologies, and the necessity for rigorous testing in electric aircraft and medical devices present significant growth opportunities. For instance, the International Energy Agency (IEA) reported that global electric vehicle sales reached 13.9 million units in 2023, marking a significant 35% increase from the previous year. Such robust growth in the EV market underscores the need for thorough testing and certification to ensure battery performance and safety. However, the market faces challenges due to the high initial capital investment required to establish advanced testing facilities and procure sophisticated equipment. For example, setting up a battery testing laboratory with necessary equipment like battery cyclers and safety testing tools can cost millions of dollars, creating barriers for smaller TIC service providers. Despite these challenges, the rising demand for EVs and ESS, driven by technological advancements and environmental policies, continues to fuel the market's expansion.
The key regions considered for the global Battery Testing, Inspection, and Certification Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is a dominating region in the Battery Testing, Inspection, and Certification Market in terms of revenue. The market growth in the region is being attributed to factors including presence of well-established battery manufacturers like Contemporary Amperex Technology Co., Ltd. (CATL) and BYD Company Ltd. Furthermore, government initiatives promoting electric vehicles further accelerate the market growth in this region. Whereas, the market in North America is anticipated to grow at the fastest rate over the forecast period fueled by stringent regulatory frameworks and increasing investments in battery technologies.

Major market player included in this report are:
TЬV NORD GROUP (Germany)
Bureau Veritas (France)
DEKRA (Germany)
DNV GL (Norway)
Eurofins Scientific (Luxembourg)
TЬV Rheinland (Germany)
TЬV SЬD (Germany)
NTS (National Technical Systems, Inc.)
Element Materials Technology
Applus+
MTS Systems Corporation
FAI Materials Testing Laboratory, Inc.
UL LLC (US)
SGS SA (Switzerland)
Intertek Group plc (UK)

The detailed segments and sub-segment of the market are explained below:
By Standard and Certification Type:
• Safety Testing
• EMC Testing
• Performance Testing
• Others
By Battery Type:
• Lithium-ion
• Lead-Acid
• Nickel-Metal Hydride
• Other Battery Types
By Service Type:
• Testing
• Inspection
• Certification
By Application:
• Electric Vehicles (EVs)
• Internal Combustion Engine (ICE) Vehicles
• Consumer Electronics
• Industrial Equipment
• Medical Devices
• Other Applications
By Region:
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Spain
o Italy
o ROE
• Asia Pacific
o China
o India
o Japan
o Australia
o South Korea
o RoAPAC
• Latin America
o Brazil
o Mexico
o RoLA
• Middle East & Africa
o Saudi Arabia
o South Africa
o RoMEA
Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
CHAPTER 1. GLOBAL BATTERY TESTING, INSPECTION, AND CERTIFICATION MARKET EXECUTIVE SUMMARY

1.1. Global Battery Testing, Inspection, and Certification Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Standard and Certification Type
  1.3.2. By Battery Type
  1.3.3. By Service Type
  1.3.4. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL BATTERY TESTING, INSPECTION, AND CERTIFICATION MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL BATTERY TESTING, INSPECTION, AND CERTIFICATION MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Increasing Adoption of EVs and Energy Storage Systems
  3.1.2. Rising Enforcement of Stringent Standards for Battery Safety
  3.1.3. Thriving Portable Electronics Industry
3.2. Market Challenges
  3.2.1. High Initial Capital Investment
  3.2.2. Complexities Associated with Next-Generation Batteries
3.3. Market Opportunities
  3.3.1. Rising Investment in Clean Energy Initiatives
  3.3.2. Increasing Automation of Testing and Inspection Processes Using Digital Technologies
  3.3.3. Growing Need for Rigorous Testing in Electric Aircraft and Medical Devices

CHAPTER 4. GLOBAL BATTERY TESTING, INSPECTION, AND CERTIFICATION MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL BATTERY TESTING, INSPECTION, AND CERTIFICATION MARKET SIZE & FORECASTS BY STANDARD AND CERTIFICATION TYPE 2022-2032

5.1. Segment Dashboard
5.2. Global Battery Testing, Inspection, and Certification Market: Standard and Certification Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Safety Testing
  5.2.2. EMC Testing
  5.2.3. Performance Testing
  5.2.4. Others

CHAPTER 6. GLOBAL BATTERY TESTING, INSPECTION, AND CERTIFICATION MARKET SIZE & FORECASTS BY BATTERY TYPE 2022-2032

6.1. Segment Dashboard
6.2. Global Battery Testing, Inspection, and Certification Market: Battery Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Lithium-ion
  6.2.2. Lead-Acid
  6.2.3. Nickel-Metal Hydride
  6.2.4. Other Battery Types

CHAPTER 7. GLOBAL BATTERY TESTING, INSPECTION, AND CERTIFICATION MARKET SIZE & FORECASTS BY SERVICE TYPE 2022-2032

7.1. Segment Dashboard
7.2. Global Battery Testing, Inspection, and Certification Market: Service Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  7.2.1. Testing
  7.2.2. Inspection
  7.2.3. Certification

CHAPTER 8. GLOBAL BATTERY TESTING, INSPECTION, AND CERTIFICATION MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

8.1. Segment Dashboard
8.2. Global Battery Testing, Inspection, and Certification Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  8.2.1. Electric Vehicles (EVs)
  8.2.2. Internal Combustion Engine (ICE) Vehicles
  8.2.3. Consumer Electronics
  8.2.4. Industrial Equipment
  8.2.5. Medical Devices
  8.2.6. Other Applications

CHAPTER 9. GLOBAL BATTERY TESTING, INSPECTION, AND CERTIFICATION MARKET SIZE & FORECASTS BY REGION 2022-2032

9.1. North America Battery Testing, Inspection, and Certification Market
  9.1.1. U.S. Battery Testing, Inspection, and Certification Market
    9.1.1.1. Standard and Certification Type breakdown size & forecasts, 2022-2032
    9.1.1.2. Battery Type breakdown size & forecasts, 2022-2032
    9.1.1.3. Service Type breakdown size & forecasts, 2022-2032
    9.1.1.4. Application breakdown size & forecasts, 2022-2032
  9.1.2. Canada Battery Testing, Inspection, and Certification Market
9.2. Europe Battery Testing, Inspection, and Certification Market
  9.2.1. U.K. Battery Testing, Inspection, and Certification Market
  9.2.2. Germany Battery Testing, Inspection, and Certification Market
  9.2.3. France Battery Testing, Inspection, and Certification Market
  9.2.4. Spain Battery Testing, Inspection, and Certification Market
  9.2.5. Italy Battery Testing, Inspection, and Certification Market
  9.2.6. Rest of Europe Battery Testing, Inspection, and Certification Market
9.3. Asia-Pacific Battery Testing, Inspection, and Certification Market
  9.3.1. China Battery Testing, Inspection, and Certification Market
  9.3.2. India Battery Testing, Inspection, and Certification Market
  9.3.3. Japan Battery Testing, Inspection, and Certification Market
  9.3.4. Australia Battery Testing, Inspection, and Certification Market
  9.3.5. South Korea Battery Testing, Inspection, and Certification Market
  9.3.6. Rest of Asia Pacific Battery Testing, Inspection, and Certification Market
9.4. Latin America Battery Testing, Inspection, and Certification Market
  9.4.1. Brazil Battery Testing, Inspection, and Certification Market
  9.4.2. Mexico Battery Testing, Inspection, and Certification Market
  9.4.3. Rest of Latin America Battery Testing, Inspection, and Certification Market
9.5. Middle East & Africa Battery Testing, Inspection, and Certification Market
  9.5.1. Saudi Arabia Battery Testing, Inspection, and Certification Market
  9.5.2. South Africa Battery Testing, Inspection, and Certification Market
  9.5.3. Rest of Middle East & Africa Battery Testing, Inspection, and Certification Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. Company
  10.1.2. Company
  10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. TЬV NORD GROUP
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Market Strategies
  10.3.2. Bureau Veritas
  10.3.3. DEKRA
  10.3.4. DNV GL
  10.3.5. Eurofins Scientific
  10.3.6. TЬV Rheinland
  10.3.7. TЬV SЬD
  10.3.8. NTS (National Technical Systems, Inc.)
  10.3.9. Element Materials Technology
  10.3.10. Applus+
  10.3.11. MTS Systems Corporation
  10.3.12. FAI Materials Testing Laboratory, Inc.
  10.3.13. UL LLC
  10.3.14. SGS SA
  10.3.15. Intertek Group plc

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Battery Testing, Inspection, and Certification market, report scope
TABLE 2. Global Battery Testing, Inspection, and Certification market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Battery Testing, Inspection, and Certification market estimates & forecasts by Standard and Certification Type 2022-2032 (USD Billion)
TABLE 4. Global Battery Testing, Inspection, and Certification market estimates & forecasts by Battery Type 2022-2032 (USD Billion)
TABLE 5. Global Battery Testing, Inspection, and Certification market estimates & forecasts by Service Type 2022-2032 (USD Billion)
TABLE 6. Global Battery Testing, Inspection, and Certification market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 7. Global Battery Testing, Inspection, and Certification market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Battery Testing, Inspection, and Certification market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Battery Testing, Inspection, and Certification market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Battery Testing, Inspection, and Certification market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Battery Testing, Inspection, and Certification market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Battery Testing, Inspection, and Certification market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Battery Testing, Inspection, and Certification market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Battery Testing, Inspection, and Certification market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Battery Testing, Inspection, and Certification market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Battery Testing, Inspection, and Certification market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Battery Testing, Inspection, and Certification market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Battery Testing, Inspection, and Certification market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Battery Testing, Inspection, and Certification market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Battery Testing, Inspection, and Certification market estimates & forecasts by segment 2022-2032 (USD Billion)
…..
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.

LIST OF FIGURES

FIG 1. Global Battery Testing, Inspection, and Certification market, research methodology
FIG 2. Global Battery Testing, Inspection, and Certification market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Battery Testing, Inspection, and Certification market, key trends 2023
FIG 5. Global Battery Testing, Inspection, and Certification market, growth prospects 2022-2032
FIG 6. Global Battery Testing, Inspection, and Certification market, porters 5 force model
FIG 7. Global Battery Testing, Inspection, and Certification market, PESTEL analysis
FIG 8. Global Battery Testing, Inspection, and Certification market, value chain analysis
FIG 9. Global Battery Testing, Inspection, and Certification market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Battery Testing, Inspection, and Certification market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Battery Testing, Inspection, and Certification market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Battery Testing, Inspection, and Certification market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Battery Testing, Inspection, and Certification market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Battery Testing, Inspection, and Certification market, regional snapshot 2022 & 2032
FIG 15. North America Battery Testing, Inspection, and Certification market 2022 & 2032 (USD Billion)
FIG 16. Europe Battery Testing, Inspection, and Certification market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Battery Testing, Inspection, and Certification market 2022 & 2032 (USD Billion)
FIG 18. Latin America Battery Testing, Inspection, and Certification market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Battery Testing, Inspection, and Certification market 2022 & 2032 (USD Billion)
FIG 20. Global Battery Testing, Inspection, and Certification market, company market share analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.


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