Market Overview:
The global battery level meters 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 automobiles and consumer electronics across the globe. Additionally, the growing awareness about energy conservation is also propelling the demand for battery level meters in various applications such as marine and others. On the basis of type, 6V batteries are expected to lead the global battery level meters market during the forecast period from 2018 to 2030. This can be attributed to their low cost and easy installation as compared with other types of batteries such as 12V, 36V, 48V, and others. On account of these factors, 6V batteries are being increasingly used in a number of applications including automobiles and consumer electronics across different regions globally.
Product Definition:
Battery level meters are used to measure the voltage of a battery. This information can be used to determine the state of charge of a battery and when it is time to replace it.
6V:
6V is the voltage level that most of the electronic devices work on. The 6-volt battery is one of the widely used batteries in electronics and automotive applications. Automotive applications include starting systems, electric vehicles, forklift trucks, golf carts and others; while in electronics 6V refers to power supply for digital cameras, MP3 players or laptops among others.
12V:
12V is the voltage of battery that provides more power for vehicle. It is also used in Battery Level Meters to measure battery charge level.
It’s important to maintain proper charge of batteries as they are essential for starting any vehicle. Overcharging or undercharging can damage the batteries and reduce their life span, which in turn affects the performance and lifespan of a vehicle engine.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to maintain its lead over the forecast period. Automobiles are considered as one of the most energy-efficient products owing to which, level metering systems have become an essential tool for automobile manufacturers. The growing demand for electric vehicles is expected to boost product demand in this segment over the coming years.
The consumer electronics industry has witnessed tremendous growth over recent years owing to increasing use of smartphones and other electronic devices by consumers across the globe. Level meters are used in power supply units (PSUs) that provide power directly from a wall socket through cables connected with various electronic products such as computers, laptops, tablets etc., These PSUs measure and display electrical current flowing into or out of any device connected with it thereby providing users with real-time information regarding battery levels on their devices thus promoting user satisfaction resulting in increased product adoption across end-use industries globally.
Regional Analysis:
The North American regional market accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from electric vehicles and renewable energy applications. The U.S., being a developed economy, has witnessed increased adoption of EVs, which has further propelled industry growth in this region.
Asia Pacific is anticipated to be one of the fastest-growing regional markets during the forecast period due to rising investments by key players in emerging economies such as China and India for expanding their product portfolio and sales network across various application sectors including automotive, consumer electronics & appliances, industrial & medical devices etc to gain maximum customer penetration at a relatively lower price point compared with Europe or North America regions or even with other developing countries such as Brazil or Mexico in order to remain competitive globally while maintaining high profit margins domestically for instance; Panasonic Corporation; LG Chem Ltd.; Samsung Electro-Mechanics Co., Ltd.
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of energy storage systems
- Proliferation of smart grids and smart meters
- Rising concerns over climate change and air pollution
- Advances in battery technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Level Meters Market Research Report
By Type
6V, 12V, 36V, 48V, Others
By Application
Automobiles, Consumer Electronics, Marine, Others
By Companies
RICO, Curtis Instruments, Inc, Weschler Instruments, Balmar, Faria, Shanghai Baiway Electronic Co, RICO
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Battery Level Meters Market Report Segments:
The global Battery Level Meters market is segmented on the basis of:
Types
6V, 12V, 36V, 48V, Others
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
Automobiles, Consumer Electronics, Marine, 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:
- RICO
- Curtis Instruments, Inc
- Weschler Instruments
- Balmar
- Faria
- Shanghai Baiway Electronic Co
- RICO
Highlights of The Battery Level Meters 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:
- 6V
- 12V
- 36V
- 48V
- Others
- By Application:
- Automobiles
- Consumer Electronics
- Marine
- 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 Battery Level Meters 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 level meter is a device that monitors the level of power remaining in a battery. This information can be used to help determine when it is time to recharge the battery or replace it.
Some of the major companies in the battery level meters market are RICO, Curtis Instruments, Inc, Weschler Instruments, Balmar, Faria, Shanghai Baiway Electronic Co, RICO.
The battery level meters 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 Level Meters 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 Level Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery Level Meters 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 Level Meters 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 Level Meters Market Size & Forecast, 2018-2028
4.5.1 Battery Level Meters Market Size and Y-o-Y Growth
4.5.2 Battery Level Meters Market Absolute $ Opportunity
Chapter 5 Global Battery Level Meters 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 Level Meters Market Size Forecast by Type
5.2.1 6V
5.2.2 12V
5.2.3 36V
5.2.4 48V
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Battery Level Meters 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 Level Meters Market Size Forecast by Applications
6.2.1 Automobiles
6.2.2 Consumer Electronics
6.2.3 Marine
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Level Meters 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 Level Meters 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 Level Meters Analysis and Forecast
9.1 Introduction
9.2 North America Battery Level Meters 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 Level Meters Market Size Forecast by Type
9.6.1 6V
9.6.2 12V
9.6.3 36V
9.6.4 48V
9.6.5 Others
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 Level Meters Market Size Forecast by Applications
9.10.1 Automobiles
9.10.2 Consumer Electronics
9.10.3 Marine
9.10.4 Others
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 Level Meters Analysis and Forecast
10.1 Introduction
10.2 Europe Battery Level Meters 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 Level Meters Market Size Forecast by Type
10.6.1 6V
10.6.2 12V
10.6.3 36V
10.6.4 48V
10.6.5 Others
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 Level Meters Market Size Forecast by Applications
10.10.1 Automobiles
10.10.2 Consumer Electronics
10.10.3 Marine
10.10.4 Others
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 Level Meters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Battery Level Meters 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 Level Meters Market Size Forecast by Type
11.6.1 6V
11.6.2 12V
11.6.3 36V
11.6.4 48V
11.6.5 Others
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 Level Meters Market Size Forecast by Applications
11.10.1 Automobiles
11.10.2 Consumer Electronics
11.10.3 Marine
11.10.4 Others
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 Level Meters Analysis and Forecast
12.1 Introduction
12.2 Latin America Battery Level Meters 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 Level Meters Market Size Forecast by Type
12.6.1 6V
12.6.2 12V
12.6.3 36V
12.6.4 48V
12.6.5 Others
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 Level Meters Market Size Forecast by Applications
12.10.1 Automobiles
12.10.2 Consumer Electronics
12.10.3 Marine
12.10.4 Others
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 Level Meters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Battery Level Meters 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 Level Meters Market Size Forecast by Type
13.6.1 6V
13.6.2 12V
13.6.3 36V
13.6.4 48V
13.6.5 Others
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 Level Meters Market Size Forecast by Applications
13.10.1 Automobiles
13.10.2 Consumer Electronics
13.10.3 Marine
13.10.4 Others
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 Level Meters Market: Competitive Dashboard
14.2 Global Battery Level Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RICO
14.3.2 Curtis Instruments, Inc
14.3.3 Weschler Instruments
14.3.4 Balmar
14.3.5 Faria
14.3.6 Shanghai Baiway Electronic Co
14.3.7 RICO
