Industria
Battery TIC Market worth $36.7 billion by 2029 - Exclusive Report by MarketsandMarkets™
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 TIC market players.
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.
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=93009570
The strong run of Europe's battery TIC industry is envisioned in terms of its robust infrastructure and well-established TIC 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 TIC market. The region's fast move toward clean energy and boom of industrial equipment and consumer electronics industries are major drivers of demand for TIC services for lithium-ion batteries.
The report profiles key players in battery TIC companies 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.
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=93009570
Semiconductor and Electronics Market Research Reports &Consulting
Testing, Inspection, and Certification Market by Service Type, Sourcing Type (In-house, Outsourced), Application (Consumer Goods & Retail, Agriculture & Food, Industrial & Manufacturing, Medical & Life Sciences) and Region - Global Forecast to 2029
Test and Measurement Equipment Market Size, Share, Statistics and Industry Growth Analysis Report by Product Type (General-purpose Test Equipment and Mechanical Test Equipment), Service Type (Calibration Services and Repair/After-sales Services), Vertical and Region - Global Forecast to 2028
Medical Device Testing Market by Service (Testing, Inspection, Certification), Sourcing (In-house, Outsourced), Technology (Active Implant, Active, Non-active, IVD, Ophthalmic, Orthopedic & Dental, Vascular), Class (I, II, III) – Global Forecast to 2028
Lithium-ion Battery Market Size, Share, Statistics and Industry Growth Analysis Report by Type (NMC, LFP, LCO, LTO, LMO, NCA), Capacity (Below 3,000 mAh, 3,001 mAh–10,000 mAh, 10,001 mAh–60,000 mAh, Above 60,000 mAh), Voltage (Below 12V, 12V–36V, Above 36V), Application and Region - Global Forecast to 2032
Battery Management System Market by Type (Motive & Stationary Batteries), Battery Type (Lithium- ion, Lead-acid, Nickel-based, Solid-state, Flow batteries), Topology (Centralized, Distributed, & Modular), Application & Region - Global Forecast to 2029
MarketsandMarkets™ has been recognized as one of , as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/battery-tic-companies.asp
Content Source:
https://www.marketsandmarkets.com/PressReleases/battery-tic.asp
View original content: https://www.prnewswire.co.uk/news-releases/battery-tic-market-worth-36-7-billion-by-2029---exclusive-report-by-marketsandmarkets-302200458.html