Growing Need for Battery Safety Drives TIC Market Expansion Through 2035
The global battery testing, inspection, and certification (TIC) market is expanding at an unprecedented pace, shaped by the accelerating adoption of electric vehicles (EVs), advanced consumer electronics, and large-scale renewable energy storage systems. Valued at US$ 14.2 billion in 2024, the market is projected to reach US$ 90.5 billion by 2035, advancing at a remarkable CAGR of 18.8% from...
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