About EV Battery Testing Service
An electric powered car battery (EVB), additionally recognised as a traction battery is a rechargeable battery used to energy the electric powered motors of a battery electric powered automobile (BEV) or hybrid electric powered car (HEV). Typically lithium-ion batteries, they are in particular designed for excessive electric powered cost (or energy) capacity. Offer complete checking out and certification offerings for EV battery technologies, along with cells, modules, packs, BMS board ranges and battery pack systems. Capabilities span electrochemical properties, environmental, mechanical and electrical reliability and abuse of safety to control security dangers and quality, enhance overall performance and reveal compliance for market access. Electric car batteries vary from starting, lighting, and ignition (SLI) batteries as they are designed to provide electricity over sustained intervals of time and are deep-cycle batteries. Batteries for electric powered cars are characterised with the aid of their fairly excessive power-to-weight ratio, particular strength and power density; smaller, lighter batteries are suitable due to the fact they limit the weight of the car and consequently enhance its performance. Compared to liquid fuels, most cutting-edge battery applied sciences have a good deal decrease unique energy, and this frequently affects the most all-electric vary of the vehicles.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 17.0% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global EV Battery Testing Service market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hitachi (Japan), ATLASBX Co. Ltd. (South Korea), Sony (Japan), Narada Power Source Co., Ltd. (China), TCL Corporation (China), Duracell (United States), Crown Battery Manufacturing (United States), EnerSys, Inc. (United States), C&D Technologies, Inc. (United States) and Panasonic (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are NEC Corporation (Japan), North Star (United States), GS Yuasa Corp., (Japan) and BB Battery Co. (United States).
Segmentation Overview
AMA Research has segmented the market of Global EV Battery Testing Service market by and Region.
On the basis of geography, the market of EV Battery Testing Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-users, the sub-segment i.e. Electric Vehicle OEMs will boost the EV Battery Testing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Battery, the sub-segment i.e. Lead-Acid Battery will boost the EV Battery Testing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Battery Shape, the sub-segment i.e. Prismatic will boost the EV Battery Testing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle , the sub-segment i.e. Passenger Vehicle will boost the EV Battery Testing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of Robots and Animatronics in Various Industries, Such As Manufacturing, Entertainment, Automobile, Agriculture, and Aerospace and Defence
Market Growth Drivers:
Increasing Penetration of the Plug-In Models
Challenges:
Battery Safety Concerns
Restraints:
Electric Vehicles Are Very Expensive and Lack of Skilled Resources
Opportunities:
Growing Popularity of the Battery-As-A-Service Model and Increasing Demand for Medical Equipment and the Need to Reduce Battery Wastage
Market Leaders and their expansionary development strategies
In June 2023, TÜV SÜD acquires DEKRA's Industrial Testing Division, this acquisition strengthens TÜV SÜD's position in the battery testing market, including EV batteries. DEKRA's extensive expertise in battery safety and performance testing adds significant value to TÜV SÜD's offerings.
In 2021, Chroma launched an E-Scooter speedy charging checking-out device to assist the CHAdeMO Association in taking a look at electric-powered automobile charging interface stimulators. In line with the worldwide increase of the EV industry, it is additionally going to assist in outlining the Protocol Check Sheet for speedy charging and take a look at requirements for two-wheeled EVs.
Key Target Audience
EV Battery Testing Service Providers, EV Battery Testing Service Distributors and Suppliers, Raw Material Suppliers, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.