Market Overview:
The global battery testers and analyzers 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 the growing trend of energy storage systems. Additionally, the increasing demand for portable devices is also contributing to the growth of this market. The global battery testers and analyzers market can be segmented on the basis of type into standard batteries and rechargeable batteries. Standard batteries are further sub-segmented into lead acid, nickel-cadmium, nickel-metal-hydride, and lithium ion batteries while rechargeable batteries are sub-segmented into lead acid, nickel-cadmium, nickel metal hydride (NiMH), lithium ion phosphate (LFP), lithium ion manganese oxide (LMO), lithium ion cobalt oxide (LCO) and others including sodium sulfur battery (NaS). On the basis of application, automotive is expected to hold a major share in this market during the forecast period owing to rising demand for electric vehicles across different geographies.
Product Definition:
A battery tester or battery analyzer is a device used to measure the performance of a battery. This includes measuring voltage, current, and capacity.
Standard Batteries:
The global standard battery is a generic term used for batteries that are manufactured to meet the requirements set by the regulatory bodies across the world. The two major factors driving this market are increasing demand for consumer electronics and growing environmental concerns regarding disposable batteries.
Manufacturers have been focusing on manufacturing rechargeable.
Rechargeable Batteries:
Rechargeable batteries are used in various battery-operated devices including power tools, cordless phones, portable radios, flashlights and other equipment. Rechargeable batteries are also used as a source of backup power for critical medical devices such as cardiac pacemakers and respirators. The global rechargeable battery market is expected to witness significant growth over the forecast period owing to increasing demand for lightweight & compact products with long shelf life.
Application Insights:
The automotive segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growing demand for electric and hybrid vehicles is expected to drive the demand for battery testers and analyzers, which will have a positive impact on market growth. Furthermore, increasing investments by OEMs in R&D pertaining to electric vehicles are likely to propel product demand in near future.
Automotive application segment includes both new as well as used cars; however, used car testing dominated the overall market due largely to high penetration of this technology across various regions such as North America, Europe, Asia Pacific etc., where consumers prefer buying second-hand cars from local markets or online platforms rather than through private dealerships.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing disposable income, growing manufacturing sector, and expanding electric vehicle industry in China and India. In addition, rising demand for tablets, smartphones, and other electronic devices has led to an increase in battery production across various countries including China and South Korea. This factor is also likely to boost regional product demand during the forecast period.
Growth Factors:
- Increasing demand for electric vehicles
- Growing demand from the renewable energy sector
- Rising concerns over battery safety and security
- Proliferation of portable devices and increasing demand for battery-powered gadgets
- Advances in technology that improve the accuracy, speed, and efficiency of battery testers and analyzers
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Testers and Analyzers Market Research Report
By Type
Standard Batteries, Rechargeable Batteries
By Application
Automotive, Aviation, Healthcare, IT & Telecom, Others
By Companies
Amprobe, Robert Bosch, Fluke, ACT Meters, Cadex Electronics, Maccor, West Mountain Radio, Eagle Eye Power Solutions, Transcat, Bullard, CHROMA ATE, SY KESSLER, DHC Specialty, Vencon Technologies, PulseTech Products
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Battery Testers and Analyzers Market Report Segments:
The global Battery Testers and Analyzers market is segmented on the basis of:
Types
Standard Batteries, Rechargeable Batteries
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
Automotive, Aviation, Healthcare, IT & Telecom, 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:
- Amprobe
- Robert Bosch
- Fluke
- ACT Meters
- Cadex Electronics
- Maccor
- West Mountain Radio
- Eagle Eye Power Solutions
- Transcat
- Bullard
- CHROMA ATE
- SY KESSLER
- DHC Specialty
- Vencon Technologies
- PulseTech Products
Highlights of The Battery Testers and 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:
- Standard Batteries
- Rechargeable Batteries
- By Application:
- Automotive
- Aviation
- Healthcare
- IT & Telecom
- 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 Testers and 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
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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 tester is a device that tests the battery of a device to see if it is working properly. An analyzer is a tool that helps diagnose problems with batteries, such as low voltage or poor performance.
Some of the key players operating in the battery testers and analyzers market are Amprobe, Robert Bosch, Fluke, ACT Meters, Cadex Electronics, Maccor, West Mountain Radio, Eagle Eye Power Solutions, Transcat, Bullard, CHROMA ATE, SY KESSLER, DHC Specialty, Vencon Technologies, PulseTech Products.
The battery testers and analyzers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Battery Testers and 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 Testers and Analyzers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Battery Testers and 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 Testers and 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 Testers and Analyzers Market Size & Forecast, 2018-2028
4.5.1 Battery Testers and Analyzers Market Size and Y-o-Y Growth
4.5.2 Battery Testers and Analyzers Market Absolute $ Opportunity
Chapter 5 Global Battery Testers and 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 Testers and Analyzers Market Size Forecast by Type
5.2.1 Standard Batteries
5.2.2 Rechargeable Batteries
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Battery Testers and 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 Testers and Analyzers Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aviation
6.2.3 Healthcare
6.2.4 IT & Telecom
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Testers and 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 Testers and 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 Testers and Analyzers Analysis and Forecast
9.1 Introduction
9.2 North America Battery Testers and 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 Testers and Analyzers Market Size Forecast by Type
9.6.1 Standard Batteries
9.6.2 Rechargeable Batteries
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 Testers and Analyzers Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aviation
9.10.3 Healthcare
9.10.4 IT & Telecom
9.10.5 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 Testers and Analyzers Analysis and Forecast
10.1 Introduction
10.2 Europe Battery Testers and 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 Testers and Analyzers Market Size Forecast by Type
10.6.1 Standard Batteries
10.6.2 Rechargeable Batteries
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 Testers and Analyzers Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aviation
10.10.3 Healthcare
10.10.4 IT & Telecom
10.10.5 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 Testers and Analyzers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Battery Testers and 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 Testers and Analyzers Market Size Forecast by Type
11.6.1 Standard Batteries
11.6.2 Rechargeable Batteries
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 Testers and Analyzers Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aviation
11.10.3 Healthcare
11.10.4 IT & Telecom
11.10.5 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 Testers and Analyzers Analysis and Forecast
12.1 Introduction
12.2 Latin America Battery Testers and 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 Testers and Analyzers Market Size Forecast by Type
12.6.1 Standard Batteries
12.6.2 Rechargeable Batteries
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 Testers and Analyzers Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aviation
12.10.3 Healthcare
12.10.4 IT & Telecom
12.10.5 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 Testers and Analyzers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Battery Testers and 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 Testers and Analyzers Market Size Forecast by Type
13.6.1 Standard Batteries
13.6.2 Rechargeable Batteries
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 Testers and Analyzers Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aviation
13.10.3 Healthcare
13.10.4 IT & Telecom
13.10.5 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 Testers and Analyzers Market: Competitive Dashboard
14.2 Global Battery Testers and Analyzers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amprobe
14.3.2 Robert Bosch
14.3.3 Fluke
14.3.4 ACT Meters
14.3.5 Cadex Electronics
14.3.6 Maccor
14.3.7 West Mountain Radio
14.3.8 Eagle Eye Power Solutions
14.3.9 Transcat
14.3.10 Bullard
14.3.11 CHROMA ATE
14.3.12 SY KESSLER
14.3.13 DHC Specialty
14.3.14 Vencon Technologies
14.3.15 PulseTech Products
