Market Overview:
The global digital battery 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 digital battery testers from the automobile industry, battery industry, UPS industry, solar system industry and wind energy solution providers. Additionally, the growing demand for digital battery testers in crane and forklift industries is also contributing to the growth of this market. However, factors such as high cost of advanced digital battery testers and lack of awareness about these products are restraining the growth of this market.
Product Definition:
A digital battery tester is a device that is used to test the condition of a battery. It can be used to test the voltage, charge level, and health of a battery. Digital battery testers are important because they can help you determine whether or not a battery needs to be replaced.
Simple Battery Testers:
Simple battery testers is a device used to measure the capacity of a rechargeable battery. It consists of two terminals, connected by an insulated wire or cable. The tester can be powered by direct current or voltage supply and displays the remaining power in percentage (%) form.
The simple battery testers market size was valued at USD 0.00 in 2014.
Integrated Battery Testers:
Integrated battery testers are devices used to measure the charge and discharge current of a lithium-ion or lead-acid battery. They can be used as standalone devices or in combination with other test equipment. Integrated Battery Testers (IBT) provide accurate information regarding the condition of a battery by measuring its charge and discharge currents, which cannot be accessed through conventional digital battery testers.
The major advantage offered by IBT is that it measures both charging.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. Automobiles are becoming increasingly dependent on electronics, which include batteries as a power source. The global automotive industry is witnessing significant technological changes with an emphasis on electric vehicles, thus leading to increased demand for integrated battery testers across the globe.
The UPS industry also holds considerable growth potential owing to increasing demand from various industries including healthcare, data centers and telecommunication companies among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for portable and mobile devices, along with growing industrialization across emerging economies such as China and India. Furthermore, rising investments in renewable energy sources are anticipated to drive product penetration in this region.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high demand from end-use industries such as automotive, UPS industry, solar system industry etc., which indicates that there is significant scope for growth through new customer acquisitions and cross-sales within the existing customer base of vendors operating in this space.
North America held a substantial share of global revenue due to early adoption coupled with increased spending on defense & aerospace applications across U.S.
Growth Factors:
- Increasing demand for digital battery testers from the automotive sector as they help in detecting problems with the vehicle's electrical system
- Rising demand for portable digital battery testers from consumers owing to their ease of use and portability
- Growing popularity of smart phones and other portable electronic devices, which has led to an increase in demand for digital battery testers that can test these devices
- Proliferation of online retail channels, which is aiding the growth of the global digital battery tester market by making these products more easily available to consumers worldwide
- The increasing number of counterfeit products in the global market is driving consumers towards purchasing genuine branded products, such as those offered by leading players in the global Digital Battery Testers market
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Battery Testers Market Research Report
By Type
Simple Battery Testers, Integrated Battery Testers
By Application
Automobile Industry, Battery Industry, UPS Industry, Solar System Industry, Wind Energy Solution Providers, Crane and Fork Lift Industry, Others
By Companies
Clore Automotive, Motopower, FOXWELL, Midtronics, Auto Meter, Quicklynks, Schumacher, Suner, OTC, SOLAR, E-Z Red, ANCEL, INNOVA, Storage Battery Systems, Meco, Fluke, Alber, DV Power, Eagle Eye
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Digital Battery Testers Market Report Segments:
The global Digital Battery Testers market is segmented on the basis of:
Types
Simple Battery Testers, Integrated Battery Testers
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
Automobile Industry, Battery Industry, UPS Industry, Solar System Industry, Wind Energy Solution Providers, Crane and Fork Lift Industry, Others
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:
- Clore Automotive
- Motopower
- FOXWELL
- Midtronics
- Auto Meter
- Quicklynks
- Schumacher
- Suner
- OTC
- SOLAR
- E-Z Red
- ANCEL
- INNOVA
- Storage Battery Systems
- Meco
- Fluke
- Alber
- DV Power
- Eagle Eye
Highlights of The Digital Battery 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:
- Simple Battery Testers
- Integrated Battery Testers
- By Application:
- Automobile Industry
- Battery Industry
- UPS Industry
- Solar System Industry
- Wind Energy Solution Providers
- Crane and Fork Lift Industry
- Others
- 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 Digital Battery 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.
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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 digital battery tester is a device that can be used to test the battery life of electronic devices. It typically consists of a small box with buttons and LED lights, which can be plugged into an electronic device to test its battery.
Some of the major players in the digital battery testers market are Clore Automotive, Motopower, FOXWELL, Midtronics, Auto Meter, Quicklynks, Schumacher, Suner, OTC, SOLAR, E-Z Red, ANCEL, INNOVA, Storage Battery Systems, Meco, Fluke, Alber, DV Power, Eagle Eye.
The digital battery testers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Battery 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. Digital Battery Testers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Battery Testers Market - Supply Chain
4.5. Global Digital Battery Testers Market Forecast
4.5.1. Digital Battery Testers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Battery Testers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Battery Testers Market Absolute $ Opportunity
5. Global Digital Battery 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. Digital Battery Testers Market Size and Volume Forecast by Type
5.3.1. Simple Battery Testers
5.3.2. Integrated Battery Testers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Battery 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. Digital Battery Testers Market Size and Volume Forecast by Application
6.3.1. Automobile Industry
6.3.2. Battery Industry
6.3.3. UPS Industry
6.3.4. Solar System Industry
6.3.5. Wind Energy Solution Providers
6.3.6. Crane and Fork Lift Industry
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Battery 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. Digital Battery 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 Digital Battery 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. Digital Battery 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 Digital Battery Testers Demand Share Forecast, 2019-2026
9. North America Digital Battery 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 Digital Battery 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 Digital Battery Testers Market Size and Volume Forecast by Application
9.4.1. Automobile Industry
9.4.2. Battery Industry
9.4.3. UPS Industry
9.4.4. Solar System Industry
9.4.5. Wind Energy Solution Providers
9.4.6. Crane and Fork Lift Industry
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Battery Testers Market Size and Volume Forecast by Type
9.7.1. Simple Battery Testers
9.7.2. Integrated Battery Testers
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 Digital Battery Testers Demand Share Forecast, 2019-2026
10. Latin America Digital Battery 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 Digital Battery 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 Digital Battery Testers Market Size and Volume Forecast by Application
10.4.1. Automobile Industry
10.4.2. Battery Industry
10.4.3. UPS Industry
10.4.4. Solar System Industry
10.4.5. Wind Energy Solution Providers
10.4.6. Crane and Fork Lift Industry
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Battery Testers Market Size and Volume Forecast by Type
10.7.1. Simple Battery Testers
10.7.2. Integrated Battery Testers
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 Digital Battery Testers Demand Share Forecast, 2019-2026
11. Europe Digital Battery 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 Digital Battery 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 Digital Battery Testers Market Size and Volume Forecast by Application
11.4.1. Automobile Industry
11.4.2. Battery Industry
11.4.3. UPS Industry
11.4.4. Solar System Industry
11.4.5. Wind Energy Solution Providers
11.4.6. Crane and Fork Lift Industry
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Battery Testes Market Size and Volume Forecast by Type
11.7.1. Simple Battery Testers
11.7.2. Integrated Battery Testers
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 Digital Battery Testers Demand Share, 2019-2026
12. Asia Pacific Digital Battery 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 Digital Battery 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 Digital Battery Testers Market Size and Volume Forecast by Application
12.4.1. Automobile Industry
12.4.2. Battery Industry
12.4.3. UPS Industry
12.4.4. Solar System Industry
12.4.5. Wind Energy Solution Providers
12.4.6. Crane and Fork Lift Industry
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Battery Testers Market Size and Volume Forecast by Type
12.7.1. Simple Battery Testers
12.7.2. Integrated Battery Testers
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 Digital Battery Testers Demand Share, 2019-2026
13. Middle East & Africa Digital Battery 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 Digital Battery 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 Digital Battery Testers Market Size and Volume Forecast by Application
13.4.1. Automobile Industry
13.4.2. Battery Industry
13.4.3. UPS Industry
13.4.4. Solar System Industry
13.4.5. Wind Energy Solution Providers
13.4.6. Crane and Fork Lift Industry
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Battery Testers Market Size and Volume Forecast by Type
13.7.1. Simple Battery Testers
13.7.2. Integrated Battery Testers
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 Digital Battery Testers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital Battery Testers Market: Market Share Analysis
14.2. Digital Battery Testers Distributors and Customers
14.3. Digital Battery Testers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Clore Automotive
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Motopower
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FOXWELL
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Midtronics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Auto Meter
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Quicklynks
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Schumacher
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Suner
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. OTC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SOLAR
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. E-Z Red
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ANCEL
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. INNOVA
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Storage Battery Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Meco
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fluke
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Alber
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. DV Power
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Eagle Eye
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