Market Overview:
The global battery discharge capacity 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 discharge capacity testers market can be segmented on the basis of type into portable type and stationary type. The portable type segment is expected to grow at a higher CAGR than that of the stationary type segment during the forecast period from 2018 to 2030. This can be attributed to its easy portability and low installation cost as compared with that of stationary types batteries discharge capacity testers . On basis application, motive battery, energy storage/reserve battery, digital products batter are some key segments considered in this study .
Product Definition:
Battery discharge capacity testers measure the battery's ability to deliver a specified current over a period of time. This information is important for battery manufacturers and users to determine the health of a battery and its projected life cycle.
Portable Type:
Portable type is used to measure the capacity of a battery when it is discharged below its reserve capacity. It's major application includes lead acid batteries, wet cell batteries and Li-ion batteries. Portable Type devices are also known as load banks, charge-coupled devices (CCD) or digital load cells.
The portable type was initially designed for laboratory use but has found its usage in several end-use industries including automotive & transportation, telecom sector.
Stationary Type:
Stationary type is a battery tester that works on the principle of complete or partial discharge and then measuring the capacity remaining with an alarm when the capacity is getting low. It’s used to measure battery performance, rechargeable batteries included. The most common applications are in smoke detectors, CO2 and water level detectors and also in UPS systems (uninterruptible power supply).
Application Insights:
The energy storage/reserve battery application segment led the market and accounted for more than a 38% share of the global revenue in 2017. The growth is attributed to rapid expansion of renewable energy generation capacity, particularly in North America and Europe. Moreover, increasing number of automotive manufacturers are focusing on developing electric vehicles with longer range which requires large-scale battery production. This will further propel demand for batteries during the forecast period.
Motive battery was the second largest application segment that accounted for a significant share in 2017 owing to high product adoption across end-use industries such as automotive, UPS (uninterruptible power supply), medical equipment and industrial applications among others. Growing electronics industry along with rising use of portable devices like smartphones will also boost product demand over the forecast period.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growing manufacturing sector, especially in China and India, has led to an increased demand for industrial batteries. This trend is projected to continue over the next eight years, thereby driving regional growth.
Europe battery discharge capacity testers market was valued at USD X million in 2017 owing to a rise in demand from automotive industry for diagnostics of starting problems as well as other electrical faults of vehicles that require immediate attention before they cause damage or render vehicle immobile altogether.
North America region accounted for a significant share due to presence of key automobile manufacturers such as General Motors Company; Ford Motor Company; Fiat Chrysler Automobiles N VMI; Volkswagen Group A GmbH; BMW AG etc.
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 discharge capacity testers as these are used to test the performance of batteries in electric vehicles.
- Growing popularity of renewable energy sources: Renewable energy sources such as solar and wind power are becoming increasingly popular due to their environmental benefits and cost-effectiveness. This is leading to an increase in the installation of solar and wind farms, which will drive the growth of the battery discharge capacity testers market during the forecast period.
- Rising investment in smart grid infrastructure: Smart grids are being increasingly adopted all over the world as they help reduce wastage, optimize resources, and improve system reliability by integrating information and communication technologies with traditional electrical grids. This is expected to result in a surge in investment in smart grid infrastructure, thereby driving growth prospects for battery discharge capacity testers market during 2019-2025 timeframe..
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Discharge Capacity Testers Market Research Report
By Type
Portable Type, Stationary Type
By Application
Motive Battery, Energy Storage/Reserve Battery, Digital and Electrical Products Battery
By Companies
Hioki, FLUKE, Megger, Kikusui Electronics, DV Power, Hopetech, Applent, ITECH, Aitelong, Extech Instruments, BLUE-KEY, Midtronics, Chauvin Arnoux, Tenmars Electronics, Arbin Instruments, Xiamen Tmax Battery Equipment
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Battery Discharge Capacity Testers Market Report Segments:
The global Battery Discharge Capacity Testers market is segmented on the basis of:
Types
Portable Type, Stationary 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 Electronics
- DV Power
- Hopetech
- Applent
- ITECH
- Aitelong
- Extech Instruments
- BLUE-KEY
- Midtronics
- Chauvin Arnoux
- Tenmars Electronics
- Arbin Instruments
- Xiamen Tmax Battery Equipment
Highlights of The Battery Discharge Capacity 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
- Stationary 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 Discharge Capacity 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
- 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 discharge capacity tester is a device that measures the amount of power that can be drawn from a battery before it fails.
Some of the major companies in the battery discharge capacity testers market are Hioki, FLUKE, Megger, Kikusui Electronics, DV Power, Hopetech, Applent, ITECH, Aitelong, Extech Instruments, BLUE-KEY, Midtronics, Chauvin Arnoux, Tenmars Electronics, Arbin Instruments, Xiamen Tmax Battery Equipment.
The battery discharge capacity testers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Battery Discharge Capacity Testers 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 Discharge Capacity Testers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery Discharge Capacity Testers 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 Discharge Capacity Testers 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 Discharge Capacity Testers Market Size & Forecast, 2018-2028
4.5.1 Battery Discharge Capacity Testers Market Size and Y-o-Y Growth
4.5.2 Battery Discharge Capacity Testers Market Absolute $ Opportunity
Chapter 5 Global Battery Discharge Capacity Testers 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 Discharge Capacity Testers Market Size Forecast by Type
5.2.1 Portable Type
5.2.2 Stationary Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Battery Discharge Capacity Testers 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 Discharge Capacity Testers Market Size Forecast by Applications
6.2.1 Motive Battery
6.2.2 Energy Storage/Reserve Battery
6.2.3 Digital and Electrical Products Battery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Discharge Capacity Testers 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 Discharge Capacity Testers 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 Discharge Capacity Testers Analysis and Forecast
9.1 Introduction
9.2 North America Battery Discharge Capacity Testers 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 Discharge Capacity Testers Market Size Forecast by Type
9.6.1 Portable Type
9.6.2 Stationary Type
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 Discharge Capacity Testers Market Size Forecast by Applications
9.10.1 Motive Battery
9.10.2 Energy Storage/Reserve Battery
9.10.3 Digital and Electrical Products Battery
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 Discharge Capacity Testers Analysis and Forecast
10.1 Introduction
10.2 Europe Battery Discharge Capacity Testers 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 Discharge Capacity Testers Market Size Forecast by Type
10.6.1 Portable Type
10.6.2 Stationary Type
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 Discharge Capacity Testers Market Size Forecast by Applications
10.10.1 Motive Battery
10.10.2 Energy Storage/Reserve Battery
10.10.3 Digital and Electrical Products Battery
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 Discharge Capacity Testers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Battery Discharge Capacity Testers 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 Discharge Capacity Testers Market Size Forecast by Type
11.6.1 Portable Type
11.6.2 Stationary Type
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 Discharge Capacity Testers Market Size Forecast by Applications
11.10.1 Motive Battery
11.10.2 Energy Storage/Reserve Battery
11.10.3 Digital and Electrical Products Battery
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 Discharge Capacity Testers Analysis and Forecast
12.1 Introduction
12.2 Latin America Battery Discharge Capacity Testers 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 Discharge Capacity Testers Market Size Forecast by Type
12.6.1 Portable Type
12.6.2 Stationary Type
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 Discharge Capacity Testers Market Size Forecast by Applications
12.10.1 Motive Battery
12.10.2 Energy Storage/Reserve Battery
12.10.3 Digital and Electrical Products Battery
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 Discharge Capacity Testers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Battery Discharge Capacity Testers 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 Discharge Capacity Testers Market Size Forecast by Type
13.6.1 Portable Type
13.6.2 Stationary Type
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 Discharge Capacity Testers Market Size Forecast by Applications
13.10.1 Motive Battery
13.10.2 Energy Storage/Reserve Battery
13.10.3 Digital and Electrical Products Battery
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 Discharge Capacity Testers Market: Competitive Dashboard
14.2 Global Battery Discharge Capacity Testers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hioki
14.3.2 FLUKE
14.3.3 Megger
14.3.4 Kikusui Electronics
14.3.5 DV Power
14.3.6 Hopetech
14.3.7 Applent
14.3.8 ITECH
14.3.9 Aitelong
14.3.10 Extech Instruments
14.3.11 BLUE-KEY
14.3.12 Midtronics
14.3.13 Chauvin Arnoux
14.3.14 Tenmars Electronics
14.3.15 Arbin Instruments
14.3.16 Xiamen Tmax Battery Equipment
