Market Overview:
The global battery analyzers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and the growing trend of energy storage systems. The global battery analyzers market is segmented on the basis of type, application, and region. On the basis of type, it is divided into stationary and portable battery analyzers. Stationary battery analyzers are used for testing batteries in laboratories or factories, while portable battery analyzers are used for testing batteries in field applications such as electric vehicles or renewable energy systems. On the basis of application, it is classified into online sales and offline sales segments. Online sales include sale through e-commerce websites or apps, while offline sales include sale through brick-and-mortar stores or dealerships/distributors network). Regionally, it has been analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U K Rest Of Europe), Asia Pacific (China Japan India South Korea ASEAN Rest Of APAC) and Middle East & Africa (GCC Countries Turkey Nigeria South Africa Rest Of MEA).
Product Definition:
A battery analyzer is a tool used to measure the performance of a battery. This can include information such as the state of charge, voltage, and current. Battery analyzers are important for determining whether or not a battery needs to be replaced, as well as for troubleshooting issues with batteries.
Stationary:
The global stationary market size was valued at USD 4.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing application in battery analyzers. The industry is majorly driven by growing demand for lithium-ion batteries used in portable devices including smartphones and tablets, as well as electric vehicles (EV). These batteries are also used in applications such as power generation, UPS systems, emergency backup systems, telecommunication base stations among others.
Portable:
Portable is a tool that helps in analyzing battery performance by measuring various aspects of the system. It can be used for testing, troubleshooting, and designing of portable devices such as smartphones & tablets, laptops & notebooks among others. Portable tools are widely used in applications such as automotive and healthcare sectors where quality assurance on the final product is important.
The global market for portable battery analyzers was valued at USD 557 million in 2015.
Application Insights:
The offline sales segment dominated the global market in 2017. Offline analytics is widely used in several applications such as inventory, production, and marketing. The application of battery analyzers helps to improve the performance of these departments by providing real-time data on a device¢â‚¬â„¢s battery consumption. As a result, this technology is expected to have a significant impact on various industries over the forecast period due to its ability to optimize business processes and reduce operating costs.
Online sales accounted for more than 40% share of the overall revenue in 2017 owing to increasing e-commerce activities across different regions coupled with growing consumer preference for online shopping over physical stores or malls.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing online and offline sales in this region. For instance, Flipkart, an Indian e-commerce marketplace, has installed more than 100 battery analyzers across its offices in India for monitoring battery performance of various devices used by employees. Such initiatives are anticipated to increase awareness regarding batteries among users and thus boost demand for battery analyzers over the next eight years.
North America accounted for a significant share of revenue owing to early adoption of technology in various applications such as healthcare and automotive industry coupled with high disposable income of consumers in this region. Moreover, growing demand for portable devices such as smartphones and laptops is also likely to drive regional market growth during the forecast period from 2018 to 2030 (estimated).
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of energy storage systems
- Proliferation of smart grids and microgrids
- Rising concerns over climate change and air pollution
- Advances in battery technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Analyzers Market Research Report
By Type
Stationary, Portable
By Application
Online Sales, Offline Sales
By Companies
Amprobe, Cadex Electronics, Fluke, Maccor, MIDTRONICS, Amprobe
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Battery Analyzers Market Report Segments:
The global Battery Analyzers market is segmented on the basis of:
Types
Stationary, Portable
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
Online Sales, Offline Sales
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:
- Amprobe
- Cadex Electronics
- Fluke
- Maccor
- MIDTRONICS
- Amprobe
Highlights of The Battery Analyzers 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:
- Stationary
- Portable
- By Application:
- Online Sales
- Offline Sales
- 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 Analyzers 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 analyzer is a device that can be used to measure the performance of a battery. This can include things like how long the battery will last, how much power it produces, and whether or not it has any defects.
Some of the major companies in the battery analyzers market are Amprobe, Cadex Electronics, Fluke, Maccor, MIDTRONICS, Amprobe.
The battery analyzers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Battery Analyzers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Battery Analyzers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery Analyzers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Battery Analyzers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Battery Analyzers Market Size & Forecast, 2018-2028
4.5.1 Battery Analyzers Market Size and Y-o-Y Growth
4.5.2 Battery Analyzers Market Absolute $ Opportunity
Chapter 5 Global Battery Analyzers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Battery Analyzers Market Size Forecast by Type
5.2.1 Stationary
5.2.2 Portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Battery Analyzers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Battery Analyzers Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Analyzers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Battery Analyzers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Battery Analyzers Analysis and Forecast
9.1 Introduction
9.2 North America Battery Analyzers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Battery Analyzers Market Size Forecast by Type
9.6.1 Stationary
9.6.2 Portable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Battery Analyzers Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Battery Analyzers Analysis and Forecast
10.1 Introduction
10.2 Europe Battery Analyzers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Battery Analyzers Market Size Forecast by Type
10.6.1 Stationary
10.6.2 Portable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Battery Analyzers Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Battery Analyzers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Battery Analyzers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Battery Analyzers Market Size Forecast by Type
11.6.1 Stationary
11.6.2 Portable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Battery Analyzers Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Battery Analyzers Analysis and Forecast
12.1 Introduction
12.2 Latin America Battery Analyzers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Battery Analyzers Market Size Forecast by Type
12.6.1 Stationary
12.6.2 Portable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Battery Analyzers Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Battery Analyzers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Battery Analyzers Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Battery Analyzers Market Size Forecast by Type
13.6.1 Stationary
13.6.2 Portable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Battery Analyzers Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Battery Analyzers Market: Competitive Dashboard
14.2 Global Battery Analyzers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amprobe
14.3.2 Cadex Electronics
14.3.3 Fluke
14.3.4 Maccor
14.3.5 MIDTRONICS
14.3.6 Amprobe
