What is 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 | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
CAGR | % |
The market study is broken down and major geographies with country level break-up.
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. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global EV Battery Testing Service market throughout the predicted 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
AdvanceMarketAnalytics has segmented the market of Global EV Battery Testing Service market by Type, Application 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.
Market Leaders and their expansionary development strategies
In December 2019, Samsung SDI obtained an extra 15% stake in Samsung SDI-ARN (Xi'an) Power Battery Co., Ltd (SAPB) making it the majority stakeholder in the corporation with 65% of ownership. SAPB used to be at the start determined in 2014 by way of Samsung SDI Anqing Ring New Group and Xi’an Gaoke Group.
In July 2020, Panasonic Corporation introduced the improvement of a method to visualize lithium-ion dynamics in all-solid-state batteries on a nanometer scale in real-time, in collaboration with Japan Fine Ceramics Center (JFCC) and Institute of Materials and Systems for Sustainability, Nagoya University. The technique, which makes use of scanning transmission electron microscopy (STEM) and computing device learning, used to be utilized to each bulk-type and thin-film-type all-solid-state lithium-ion batteries. and In 2021, Chroma launched an E-Scooter speedy charging checking out device to assist CHAdeMO Association take 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 outline the Protocol Check Sheet for speedy charging take a look at requirements for two-wheeled EVs.
Market Trend
- Increasing Adoption of Robots and Animatronics in Various Industries, Such As Manufacturing, Entertainment, Automobile, Agriculture, and Aerospace and Defence
Market Drivers
- Increasing Penetration of the Plug-In Models
Opportunities
- Growing Popularity of the Battery-As-A-Service Model
- Increasing Demand for Medical Equipment and the Need to Reduce Battery Wastage
Restraints
- Electric Vehicles Are Very Expensive
- Lack of Skilled Resources
Challenges
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as 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) etc.
2. Can we have customized study for EV Battery Testing Service Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of EV Battery Testing Service Market by 2027?
Analysts at AMA estimates EV Battery Testing Service Market to reach USD Million by 2027.