Battery Testing Inspection And Certification Market
Battery Testing, Inspection, and Certification Market Forecasts to 2030 - Global Analysis By Service Type (Testing, Inspection and Certification), Battery Type, Application, End User and By Geography
|
Years Covered |
2022-2030 |
|
Estimated Year Value (2024) |
US $16.1 BN |
|
Projected Year Value (2030) |
US $48.5 BN |
|
CAGR (2024 - 2030) |
20.2% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Battery Testing, Inspection, and Certification Market is accounted for $16.1 billion in 2024 and is expected to reach $48.5 billion by 2030 growing at a CAGR of 20.2% during the forecast period. Battery testing, inspection, and certification refers to the process of evaluating batteries to ensure their safety, performance, quality, and compliance with industry standards and regulations. Testing includes analyzing factors like charge capacity, durability, thermal stability, and environmental impact. Inspection verifies the integrity and functionality of batteries, identifying potential defects. Certification confirms that the batteries meet global safety and performance standards. This process is critical for batteries used in electric vehicles, electronics, and energy storage systems.
According to the International Energy Agency (IEA), global electric car sales more than doubled to 6.6 million in 2021, representing close to 9% of the global car market.
Market Dynamics:
Driver:
Growing demand for electric vehicles
The increasing adoption of electric vehicles (EVs) worldwide is a major driver for the battery testing, inspection, and certification market. As EV production ramps up, the need for rigorous battery testing and certification increases to ensure safety, performance, and reliability. This trend is fueled by government initiatives promoting clean energy, consumer awareness of environmental issues, and advancements in battery technology. The growing EV market necessitates comprehensive testing procedures to meet stringent quality and safety standards, thereby boosting demand for battery TIC services.
Restraint:
Time-consuming processes
Thorough testing of batteries, especially for electric vehicles and energy storage systems, requires extensive cycles and long-term performance evaluations. These lengthy procedures can delay product launches and increase overall development costs for manufacturers. Additionally, the complexity of modern battery systems and the need for specialized equipment and expertise further contribute to extended testing timelines. This constraint can potentially slow down innovation and market entry for new battery technologies.
Opportunity:
Growing adoption of energy storage solutions
As renewable energy sources become more prevalent, the demand for reliable and efficient energy storage systems grows. This trend drives the need for comprehensive testing and certification of batteries used in grid-scale storage, residential systems, and commercial applications. The expansion of the energy storage market opens up new avenues for TIC service providers to offer specialized testing solutions, ensuring the safety, performance, and longevity of these critical energy infrastructure components.
Threat:
Changes in government regulations
Frequent changes in safety standards, environmental guidelines, and certification requirements can create uncertainty and additional costs for both TIC service providers and battery manufacturers. Adapting to new regulations may require investments in updated testing equipment and procedures, potentially impacting market growth. Moreover, disparities in regulations across different regions can complicate global market expansion and standardization efforts, challenging companies operating in multiple jurisdictions to maintain compliance and consistency in their testing and certification processes.
Covid-19 Impact:
The COVID-19 pandemic initially disrupted the battery testing, inspection, and certification market due to supply chain interruptions and reduced manufacturing activities. However, the crisis also accelerated the shift towards electrification and renewable energy, boosting long-term demand for battery TIC services. The pandemic highlighted the importance of robust testing and certification processes, especially for critical applications like medical devices and backup power systems, ultimately reinforcing the market's significance.
The lithium-ion batteries segment is expected to be the largest during the forecast period
Over the forecasted timeframe, the lithium-ion batteries segment is anticipated to dominate the market share. This dominance is attributed to the widespread adoption of lithium-ion batteries in electric vehicles, consumer electronics, and energy storage systems. The segment's growth is driven by continuous improvements in battery technology, increasing energy density, and declining costs. As lithium-ion batteries become more prevalent across various industries, the demand for comprehensive testing, inspection, and certification services intensifies to ensure safety, performance, and compliance with evolving standards, solidifying its position as the largest segment in the market.
The energy storage systems segment is expected to have the highest CAGR during the forecast period
During the projection period, the energy storage systems segment is expected to grow at the highest CAGR. This rapid growth is fueled by the increasing integration of renewable energy sources into power grids and the rising demand for reliable backup power solutions. As energy storage technologies advance and become more cost-effective, their applications expand across residential, commercial, and utility-scale projects. This trend drives the need for rigorous testing and certification to ensure the safety, efficiency, and longevity of energy storage systems, propelling the segment's growth.
Region with largest share:
During the estimation period, the Asia Pacific region is expected to capture the largest market share. This dominance is primarily attributed to the region's robust electric vehicle industry, particularly in countries like China, Japan, and South Korea. The presence of major battery manufacturers, supportive government policies promoting clean energy, and increasing investments in renewable energy projects contribute to the region's market leadership. Furthermore, the growing consumer electronics market and the rapid adoption of energy storage solutions in countries like India and Australia further solidify Asia Pacific's position.
Region with highest CAGR:
The Asia Pacific region is projected to achieve the highest CAGR during the forecast period. This rapid growth is driven by the region's accelerating transition towards electric mobility, expanding renewable energy sector, and increasing focus on energy storage solutions. Countries like China, India, and Southeast Asian nations are witnessing significant investments in battery manufacturing facilities and electric vehicle production. Additionally, the growing emphasis on quality control and safety standards in the battery industry, coupled with the region's fast-paced technological advancements, contributes to the high growth rate in Asia Pacific.
Key players in the market
Some of the key players in Battery Testing, Inspection, and Certification Market include UL LLC, SGS SA, Intertek Group plc, Bureau Veritas, DEKRA SE, TÜV SÜD, TÜV Rheinland, TÜV NORD GROUP, DNV GL, Element Materials Technology, Eurofins Scientific, HORIBA, Ltd., Applus+ Laboratories, National Instruments, Arbin Instruments, Chroma ATE Inc., Megger Group Limited, and Keysight Technologies.
Key Developments:
In September 2023, Intertek opened a new Battery Xcellence Centre in Mestre, Italy. This 500 sqm facility is equipped with state-of-the-art technology for battery and energy storage systems testing, including battery cyclers, climatic chambers, and mechanical testing equipment.
In April 2022, Element acquired Energy Assurance (EA), a leading independent battery testing operator in North America. This acquisition expands Element's battery testing capabilities, particularly in performance, safety, regulatory, and abuse testing areas for various cell formats.
Service Types Covered:
• Testing
• Inspection
• Certification
Battery Types Covered:
• Lithium-Ion Batteries
• Lead-Acid Batteries
• Nickel-Metal Hydride Batteries
• Nickel-Cadmium Batteries
• Solid-State Batteries
• Flow Batteries
• Other Battery Types
Applications Covered:
• Electric Vehicles
• Consumer Electronics
• Energy Storage Systems
• Industrial Applications
• Medical Devices
• Other Applications
End Users Covered:
• Automotive and Transportation
• Electronics and Telecommunications
• Energy and Utilities
• Aerospace and Defense
• Healthcare
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Battery Testing, Inspection, and Certification Market, By Service Type
5.1 Introduction
5.2 Testing
5.2.1 Performance Testing
5.2.2 Safety Testing
5.2.3 Environmental Testing
5.2.4 Compliance Testing
5.2.5 Lifecycle Testing
5.2.6 Other Testing Types
5.3 Inspection
5.3.1 Visual Inspection
5.3.2 Dimensional Inspection
5.3.3 Internal Inspection
5.3.4 Material Analysis
5.4 Certification
5.4.1 Safety Certification
5.4.2 Performance Certification
5.4.3 Quality Certification
5.4.4 Regulatory Compliance Certification
6 Global Battery Testing, Inspection, and Certification Market, By Battery Type
6.1 Introduction
6.2 Lithium-Ion Batteries
6.3 Lead-Acid Batteries
6.4 Nickel-Metal Hydride Batteries
6.5 Nickel-Cadmium Batteries
6.6 Solid-State Batteries
6.7 Flow Batteries
6.8 Other Battery Types
7 Global Battery Testing, Inspection, and Certification Market, By Application
7.1 Introduction
7.2 Electric Vehicles
7.3 Consumer Electronics
7.4 Energy Storage Systems
7.5 Industrial Applications
7.6 Medical Devices
7.7 Other Applications
8 Global Battery Testing, Inspection, and Certification Market, By End User
8.1 Introduction
8.2 Automotive and Transportation
8.3 Electronics and Telecommunications
8.4 Energy and Utilities
8.5 Aerospace and Defense
8.6 Healthcare
8.7 Other End Users
9 Global Battery Testing, Inspection, and Certification Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 UL LLC
11.2 SGS SA
11.3 Intertek Group plc
11.4 Bureau Veritas
11.5 DEKRA SE
11.6 TÜV SÜD
11.7 TÜV Rheinland
11.8 TÜV NORD GROUP
11.9 DNV GL
11.10 Element Materials Technology
11.11 Eurofins Scientific
11.12 HORIBA, Ltd.
11.13 Applus+ Laboratories
11.14 National Instruments
11.15 Arbin Instruments
11.16 Chroma ATE Inc.
11.17 Megger Group Limited
11.18 Keysight Technologies
List of Tables
1 Global Battery Testing, Inspection, and Certification Market Outlook, By Region (2022-2030) ($MN)
2 Global Battery Testing, Inspection, and Certification Market Outlook, By Service Type (2022-2030) ($MN)
3 Global Battery Testing, Inspection, and Certification Market Outlook, By Testing (2022-2030) ($MN)
4 Global Battery Testing, Inspection, and Certification Market Outlook, By Performance Testing (2022-2030) ($MN)
5 Global Battery Testing, Inspection, and Certification Market Outlook, By Safety Testing (2022-2030) ($MN)
6 Global Battery Testing, Inspection, and Certification Market Outlook, By Environmental Testing (2022-2030) ($MN)
7 Global Battery Testing, Inspection, and Certification Market Outlook, By Compliance Testing (2022-2030) ($MN)
8 Global Battery Testing, Inspection, and Certification Market Outlook, By Lifecycle Testing (2022-2030) ($MN)
9 Global Battery Testing, Inspection, and Certification Market Outlook, By Other Testing Types (2022-2030) ($MN)
10 Global Battery Testing, Inspection, and Certification Market Outlook, By Inspection (2022-2030) ($MN)
11 Global Battery Testing, Inspection, and Certification Market Outlook, By Visual Inspection (2022-2030) ($MN)
12 Global Battery Testing, Inspection, and Certification Market Outlook, By Dimensional Inspection (2022-2030) ($MN)
13 Global Battery Testing, Inspection, and Certification Market Outlook, By Internal Inspection (2022-2030) ($MN)
14 Global Battery Testing, Inspection, and Certification Market Outlook, By Material Analysis (2022-2030) ($MN)
15 Global Battery Testing, Inspection, and Certification Market Outlook, By Certification (2022-2030) ($MN)
16 Global Battery Testing, Inspection, and Certification Market Outlook, By Safety Certification (2022-2030) ($MN)
17 Global Battery Testing, Inspection, and Certification Market Outlook, By Performance Certification (2022-2030) ($MN)
18 Global Battery Testing, Inspection, and Certification Market Outlook, By Quality Certification (2022-2030) ($MN)
19 Global Battery Testing, Inspection, and Certification Market Outlook, By Regulatory Compliance Certification (2022-2030) ($MN)
20 Global Battery Testing, Inspection, and Certification Market Outlook, By Battery Type (2022-2030) ($MN)
21 Global Battery Testing, Inspection, and Certification Market Outlook, By Lithium-Ion Batteries (2022-2030) ($MN)
22 Global Battery Testing, Inspection, and Certification Market Outlook, By Lead-Acid Batteries (2022-2030) ($MN)
23 Global Battery Testing, Inspection, and Certification Market Outlook, By Nickel-Metal Hydride Batteries (2022-2030) ($MN)
24 Global Battery Testing, Inspection, and Certification Market Outlook, By Nickel-Cadmium Batteries (2022-2030) ($MN)
25 Global Battery Testing, Inspection, and Certification Market Outlook, By Solid-State Batteries (2022-2030) ($MN)
26 Global Battery Testing, Inspection, and Certification Market Outlook, By Flow Batteries (2022-2030) ($MN)
27 Global Battery Testing, Inspection, and Certification Market Outlook, By Other Battery Types (2022-2030) ($MN)
28 Global Battery Testing, Inspection, and Certification Market Outlook, By Application (2022-2030) ($MN)
29 Global Battery Testing, Inspection, and Certification Market Outlook, By Electric Vehicles (2022-2030) ($MN)
30 Global Battery Testing, Inspection, and Certification Market Outlook, By Consumer Electronics (2022-2030) ($MN)
31 Global Battery Testing, Inspection, and Certification Market Outlook, By Energy Storage Systems (2022-2030) ($MN)
32 Global Battery Testing, Inspection, and Certification Market Outlook, By Industrial Applications (2022-2030) ($MN)
33 Global Battery Testing, Inspection, and Certification Market Outlook, By Medical Devices (2022-2030) ($MN)
34 Global Battery Testing, Inspection, and Certification Market Outlook, By Other Applications (2022-2030) ($MN)
35 Global Battery Testing, Inspection, and Certification Market Outlook, By End User (2022-2030) ($MN)
36 Global Battery Testing, Inspection, and Certification Market Outlook, By Automotive and Transportation (2022-2030) ($MN)
37 Global Battery Testing, Inspection, and Certification Market Outlook, By Electronics and Telecommunications (2022-2030) ($MN)
38 Global Battery Testing, Inspection, and Certification Market Outlook, By Energy and Utilities (2022-2030) ($MN)
39 Global Battery Testing, Inspection, and Certification Market Outlook, By Aerospace and Defense (2022-2030) ($MN)
40 Global Battery Testing, Inspection, and Certification Market Outlook, By Healthcare (2022-2030) ($MN)
41 Global Battery Testing, Inspection, and Certification Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We offer complimentary customization of up to 15% with every purchase. To share your customization requirements, feel free to email us at info@strategymrc.com or call us on +1-301-202-5929. .
Please Note: Customization within the 15% threshold is entirely free of charge. If your request exceeds this limit, we will conduct a feasibility assessment. Following that, a detailed quote and timeline will be provided.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
