Battery TIC (Testing Inspection and Certification) Market Size Worth USD 89.10 billion by 2034 | CAGR: 19.6%

The global battery TIC (Testing Inspection and Certification) market size is expected to reach USD 89.10 billion by 2034, according to a new study by Polaris Market Research. The report “Global Battery TIC Market Size, Share, Trends, Industry Analysis Report, By Standard and Certification Type, Battery Type, Service Type (Testing, Inspection, and Certification), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Market Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The battery testing, inspection, and certification (TIC) market is a rapidly growing sector essential for ensuring the safety, performance, and regulatory compliance of batteries used across various industries. The demand for battery-powered devices and systems continues to escalate, and the importance of rigorous TIC services becomes increasingly critical. These services include a comprehensive range of testing, inspection, and certification activities aimed at verifying the safety, durability, and efficiency of batteries, thereby mitigating potential risks and enhancing product reliability.

The primary growth driver is the booming electric vehicle (EV) industry. The global shift towards sustainable transportation solutions has led to a surge in EV production and adoption. Countries worldwide, particularly in regions such as Asia Pacific, Europe, and North America, are witnessing significant investments in EV infrastructure, government incentives, and increased consumer demand for eco-friendly vehicles. Batteries are the core component of EVs, which requires thorough testing, inspection, and certification to ensure they meet stringent safety and performance standards. This necessity propels the demand for battery TIC services, contributing to the market's expansion.

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The expanding use of batteries in consumer electronics is another significant growth driver. The increasing trend of smart devices and the Internet of Things (IoT) further accelerates the demand for reliable battery TIC services. The renewable energy sector also plays a pivotal role in driving the battery TIC market. Moreover, stringent regulatory standards and safety requirements imposed by governments and industry bodies across the globe drive the demand for battery TIC services. Compliance with these regulations is mandatory to ensure batteries' safe and efficient operation in various applications.

Top of FormBattery TIC (Testing Inspection and Certification) Market Report Highlights

• In 2024, the industrial equipment segment accounted for the largest revenue share in the battery TIC market due to the increasing demand for reliable and safe battery-powered machinery and equipment across various industries, necessitating rigorous testing, inspection, and certification services.
• The lithium-ion segment is growing at the highest CAGR due to its widespread adoption in electric vehicles, consumer electronics, and renewable energy storage solutions, driven by its high energy density, longer lifespan, and improved safety features.
• In 2024, Asia Pacific accounted for the largest market share in the battery TIC market due to the rapid expansion of the healthcare sector in the region.
• North America is expected to grow at the highest CAGR during the forecast period due to the significant expansion of the electric vehicle market in the region, which contributes to an increased need for comprehensive battery TIC services.
• The global key market players include Bureau Veritas, DEKRA, DNV GL, Eurofins Scientific, Intertek Group plc, SGS SA, TUV Rheinland, TUV NORD GROUP, TUV SUD., UL LLC.

Polaris Market Research has segmented the battery TIC (Testing Inspection and Certification) market report based on standard and certification type, battery type, service type, application, and region:

By Standard and Certification Type Outlook (Revenue - USD Billion, 2020 -2034)

• EMC Testing
• Performance Testing
• Safety Testing

• Electrical Testing
• Mechanical Testing    
• Environmental Testing

• Other Testing

• Others

By Battery Type Outlook (Revenue - USD Billion, 2020 - 2034)

• Lead Acid

• Lithium-Ion

• Nickel Metal Hydride

• Others

By Service Type Outlook (Revenue - USD Billion, 2020 - 2034)

• Testing

• Inspection

• Certification

By Application Outlook (Revenue - USD Billion, 2020 - 2034)

• Consumer Electronics

• Electric Vehicles

• Industrial Equipment

• Internal Combustion Engine Vehicles

• Others

By Regional Outlook (Revenue - USD Billion, 2020 - 2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Battery TIC (Testing Inspection and Certification) Report Scope