Battery Testing, Inspection, and Certification Industry Market

The report "Battery Testing, Inspection, and Certification Market by Battery Type (Lithium-ion, Lead-acid), Standard and Certification Type (Safety Testing, EMC Testing), Application (Electric Vehicles, Consumer Electronics) and Region - Global Forecast to 2029" Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are some of the major factors contributing to the growth of battery testing, inspection, and certification market. Moreover, opportunities such as rising investment in clean energy initiatives, increasing automation of testing and inspection processes using digital technologies, and growing need for rigorous testing in electric aircraft and medical devices to drive the demand of battery testing, inspection, and certification and drive the market growth.

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Safety Testing dominate the battery testing, inspection, and certification market from 2024 to 2029.

Growing uses of specialized battery technologies in critical medical devices, aerospace, and defense applications drive the need for rigorous battery safety testing. Safety testing will define electrical, mechanical, and environmental parameters. It will also include thermal abuse testing with standards based on IEC 61960-1 and UL 1642. Companies provide certifications that assure compliance with strict safety and reliability requirements for industries that rely on fail-safe battery performance. The continuous innovative development of battery-powered solutions will be conducive to increasing the demand for various tailored testing methods and specialized safety certifications, thereby opening up growth opportunities for battery testing, inspection, and certification market players.

Lead-Acid to register second highest CAGR in the battery testing, inspection, and certification market during forecast period.

One of the oldest types of rechargeable batteries, lead-acid has appreciated qualities in reliability, safety, and cost-effectiveness. They can also deliver very high surge currents after the delivery of their discharge at a stable voltage over some extended time. Compared to newer technologies such as lithium-ion, lead-acid batteries are more robust and less sensitive to overcharging. It consists of positive and negative plates, a separator, and an electrolyte. These batteries are designed to be simple to produce, cost-effective, and with a life expectancy of two to three years. Since these batteries give off high voltage, they find prominence in most standby power systems like in telecommunication equipment, cars, boats, forklifts, and UPS systems. The key players offering lead-acid batteries include Clarions, GS Yuasa International, and Power Sonic Corporation.

Applications range from automotive, for example, starter batteries for internal combustion engine vehicles, to backup power supplies such as uninterruptible power supplies and industrial applications such as in forklifts and telecommunications. They are also used in renewable energy storage systems. Stationary lead–acid batteries IEC 60896 require certification for safety; valve regulated and vented standby UL 1989 certification.

Europe to register the highest growth during the forecast period.

The strong run of Europe's battery testing, inspection, and certification market is envisioned in terms of its robust infrastructure and well established testing, inspection, and certification service solution providers such as SGS SA (Switzerland), Intertek Group plc (UK), TÜV NORD GROUP (Germany), Bureau Veritas (France), DEKRA (Germany) DNV GL (Norway) and Eurofins Scientific (Luxembourg). Such companies can assure a wide range of services with pertinent certificates to adhere to strict regulatory standards. Apart from this, Europe is the hub of such battery manufacturers as Lithium Werks (Netherlands), Saft Groupe SAS (France), Varta AG (Germany), and Northvolt AB (Sweden), further strengthening the region's battery testing, inspection, and certification market. The region's fast move toward clean energy and boom of industrial equipment and consumer electronics industries are major drivers of demand for testing, inspection, and certification services for lithium-ion batteries.

Key Market Players

The report profiles key players such as UL LLC (US), SGS SA (Switzerland), Intertek Group plc (UK), TÜV NORD GROUP (Germany), Bureau Veritas (France), DEKRA (Germany), DNV GL (Norway), Eurofins Scientific (Luxembourg), TÜV Rheinland (Germany), TÜV SÜD (Germany). These players have adopted various organic and inorganic growth strategies such as services launches, partnerships, collaborations, acquisitions, and joint ventures.

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