Market Overview:
The global battery internal resistance testers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and energy storage systems across the globe. Additionally, the growing demand for digital and electrical products is also contributing to the growth of this market. The global battery internal resistance testers market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into portable type and desktop type. The portable type segment is expected to grow at a higher CAGR than that of desktop type during the forecast period from 2018 to 2030 owing to its compact size and easy portability. On the basis of application, it can be classified into motive battery, energy storage/reserve battery, digital products battery (laptops/tablets), and electrical product batteries (televisions/smartphones).
Product Definition:
A battery internal resistance tester is a device used to measure the internal resistance of a battery. This information can be used to help determine the health of a battery and whether or not it needs to be replaced.
Portable Type:
Portable type is used to measure the battery internal resistance. Portable types are designed for measuring the specific resistivity of a battery when it is fully charged and discharging under controlled conditions. The portable types include multimeters, batteries testers, and other devices that can measure the specific internal resistance of a battery.
The major factor responsible for increasing the cost of electric batteries is their loss of energy during charging and discharge cycle due to rise in internal resistance (eroding capacity).
Desktop Type:
The desktop type is a device used to measure the internal resistance of batteries. It works on the basic principle as that of a Wheatstone bridge circuit. The working of this device is based on Ohm’s law, which states that voltage and current are inversely proportional to resistance.
This desktop battery tester measures battery voltage and currents with an accuracy better than 0.1V.
Application Insights:
Motive battery application segment led the market and accounted for more than 40.0% share of the global revenue in 2017 owing to rising demand for automotive batteries across various applications, such as power source for automobiles, emergency lighting and radioactivity detection. The energy storage/reserve battery application segment is expected to witness significant growth over the forecast period owing to rapid industrialization along with increasing government funding towards renewable energy projects, such as solar panels and wind turbines. This is likely to result in a growing need for storing electricity generated from renewable sources during periods when there is excess generation capacity or peak demand requirements that exceed supply voltage levels.
Internal resistance testers are used by manufacturers of photovoltaic (PV) modules & inverters, wind turbine generators & UPS systems among others who require accurate measurement of internal resistance within their products or equipment before they are connected together into a PV system or connected into an existing grid network respectively.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising demand for portable devices such as smartphones, laptops, cameras, etc. In addition, increasing automotive sales across emerging countries such as China and India are also anticipated to drive product demand in this region.
The Latin American regional market is projected to witness significant growth over the forecast period owing to increasing awareness about battery maintenance among users. Moreover, growing penetration of renewable energy sources across this region will further boost product demand in solar panels manufacturing applications thereby driving BIMR testing equipment sales across this region.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for battery internal resistance testers as these are used to test the performance and health of batteries in electric vehicles.
- Growing popularity of energy storage systems: Energy storage systems are becoming increasingly popular due to their ability to store energy from renewable sources such as solar and wind power. This is leading to an increase in the demand for battery internal resistance testers as these devices are used to test the performance and health of batteries in energy storage systems.
- Rising investment in smart grid infrastructure: The global market for smart grid infrastructure is expected to grow at a CAGR of more than 15% during the forecast period. This will lead to an increase in the demand for battery internal resistance testers as these devices are used extensively in smart grids applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Internal Resistance Testers Market Research Report
By Type
Portable Type, Desktop Type
By Application
Motive Battery, Energy Storage/Reserve Battery, Digital and Electrical Products Battery
By Companies
Hioki, FLUKE, Megger, KIKUSUI, DV Power, Hopetech, Applent, ITECH, Aitelong, TES, BLUE-KEY
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Battery Internal Resistance Testers Market Report Segments:
The global Battery Internal Resistance Testers market is segmented on the basis of:
Types
Portable Type, Desktop Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Motive Battery, Energy Storage/Reserve Battery, Digital and Electrical Products Battery
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hioki
- FLUKE
- Megger
- KIKUSUI
- DV Power
- Hopetech
- Applent
- ITECH
- Aitelong
- TES
- BLUE-KEY
Highlights of The Battery Internal Resistance Testers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Type
- Desktop Type
- By Application:
- Motive Battery
- Energy Storage/Reserve Battery
- Digital and Electrical Products Battery
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Battery Internal Resistance Testers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A battery internal resistance tester is a device used to measure the internal resistance of a battery. This information can be used to determine if the battery is in good condition and if it needs to be replaced.
Some of the major players in the battery internal resistance testers market are Hioki, FLUKE, Megger, KIKUSUI, DV Power, Hopetech, Applent, ITECH, Aitelong, TES, BLUE-KEY.
The battery internal resistance testers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Battery Internal Resistance Testers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Battery Internal Resistance Testers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Battery Internal Resistance Testers Market - Supply Chain
4.5. Global Battery Internal Resistance Testers Market Forecast
4.5.1. Battery Internal Resistance Testers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Battery Internal Resistance Testers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Battery Internal Resistance Testers Market Absolute $ Opportunity
5. Global Battery Internal Resistance Testers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Battery Internal Resistance Testers Market Size and Volume Forecast by Type
5.3.1. Portable Type
5.3.2. Desktop Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Battery Internal Resistance Testers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Battery Internal Resistance Testers Market Size and Volume Forecast by Application
6.3.1. Motive Battery
6.3.2. Energy Storage/Reserve Battery
6.3.3. Digital and Electrical Products Battery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Battery Internal Resistance Testers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Battery Internal Resistance Testers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Battery Internal Resistance Testers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Battery Internal Resistance Testers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Battery Internal Resistance Testers Demand Share Forecast, 2019-2026
9. North America Battery Internal Resistance Testers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Battery Internal Resistance Testers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Battery Internal Resistance Testers Market Size and Volume Forecast by Application
9.4.1. Motive Battery
9.4.2. Energy Storage/Reserve Battery
9.4.3. Digital and Electrical Products Battery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Battery Internal Resistance Testers Market Size and Volume Forecast by Type
9.7.1. Portable Type
9.7.2. Desktop Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Battery Internal Resistance Testers Demand Share Forecast, 2019-2026
10. Latin America Battery Internal Resistance Testers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Battery Internal Resistance Testers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Battery Internal Resistance Testers Market Size and Volume Forecast by Application
10.4.1. Motive Battery
10.4.2. Energy Storage/Reserve Battery
10.4.3. Digital and Electrical Products Battery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Battery Internal Resistance Testers Market Size and Volume Forecast by Type
10.7.1. Portable Type
10.7.2. Desktop Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Battery Internal Resistance Testers Demand Share Forecast, 2019-2026
11. Europe Battery Internal Resistance Testers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Battery Internal Resistance Testers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Battery Internal Resistance Testers Market Size and Volume Forecast by Application
11.4.1. Motive Battery
11.4.2. Energy Storage/Reserve Battery
11.4.3. Digital and Electrical Products Battery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Battery Internal Resistance Testers Market Size and Volume Forecast by Type
11.7.1. Portable Type
11.7.2. Desktop Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Battery Internal Resistance Testers Demand Share, 2019-2026
12. Asia Pacific Battery Internal Resistance Testers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Battery Internal Resistance Testers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Battery Internal Resistance Testers Market Size and Volume Forecast by Application
12.4.1. Motive Battery
12.4.2. Energy Storage/Reserve Battery
12.4.3. Digital and Electrical Products Battery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Battery Internal Resistance Testers Market Size and Volume Forecast by Type
12.7.1. Portable Type
12.7.2. Desktop Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Battery Internal Resistance Testers Demand Share, 2019-2026
13. Middle East & Africa Battery Internal Resistance Testers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Battery Internal Resistance Testers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Battery Internal Resistance Testers Market Size and Volume Forecast by Application
13.4.1. Motive Battery
13.4.2. Energy Storage/Reserve Battery
13.4.3. Digital and Electrical Products Battery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Battery Internal Resistance Testers Market Size and Volume Forecast by Type
13.7.1. Portable Type
13.7.2. Desktop Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Battery Internal Resistance Testers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Battery Internal Resistance Testers Market: Market Share Analysis
14.2. Battery Internal Resistance Testers Distributors and Customers
14.3. Battery Internal Resistance Testers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hioki
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FLUKE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Megger
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KIKUSUI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DV Power
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hopetech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Applent
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ITECH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aitelong
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TES
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BLUE-KEY
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
