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Global Battery Testing Equipment Market Analysis & Forecast 2019-2028

The global battery testing equipment market is estimated to grow at a moderate rate of around 4.6% over the forecast period. The market growth is attributed to the growing demand for medical equipment and the need to reduce battery wastage as continuous testing and maintenance are required to reduce battery wastage, and ensure battery and equipment safety. Batteries have been used for a long time and have been using them for several applications, such as toys, watches, flashlights, laptops, and mobile phones. Apart from these applications, the surge in technological advancement has increased the applications of batteries, including the conversion of renewable energies to electrical energy, to power electric vehicles. There are specific measurements related to safety, performance, and aging of the batteries, such as internal impedance or resistance, rate of charging and discharging at different thermal conditions, the life cycle of batteries in other situations, heat generation during charging & discharging, and the robustness of the battery. These are the key aspects surging the demand for the battery testing equipment and hence drive the market growth.
Market Segmentation
The global battery testing equipment market has been analyzed on the basis of function, battery type, installation, capacity, end-user, offering, and region. Based on the function, the market is segmented into module testing, cell testing, and pack testing. Cell testing market is estimated to hold a prominent share in the market. On the basis of battery type, the market is segmented into Nickel Cadmium (Ni-Cd), Lead Acid, Lithium-ion, Alkaline, and others.
Based on installation, the market is bifurcated stationary and portable. By capacity, the market covers the analysis of less than 100 V, between 100-300 V, and more than 300 V. By offering, the market is bifurcated into in-house and outsourced. Among these, outsourced segment is projected to exhibit considerable growth during the forecast period. Based on end-user, the market is segmented into automotive, aerospace, electronics, telecommunication, defense, renewable & grid energy, and others. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa.
Market Structure and Competition Landscape
The growth of the global battery testing equipment market is characterized by the presence of players operating in the market. Some of the players operating in the market include Chroma Systems Solutions, Inc., Keysight Technologies, Inc., Arbin Instruments, Megger, DV Power, Century Yuasa Batteries Pty Ltd, Shenzhen Bonad Instrument Co., Ltd., Kikusui Electronics Corporation, Cadex Electronics Inc., KJ Group, MTI Corporation, Digatron, Elite Electronic Engineering, Inc., Neware battery testers international among others.
• In January 2022, Chroma Systems Solutions, Inc. announced the launch of its new product line, which is high-power DC power supplies with triple output.
• In 2021, Proventia Oy and Keysight Technologies, Inc. started a joint venture for improved battery testing equipment for electric vehicle (EV) batteries.

Global Battery Testing Equipment Market Analysis and Forecast 2019-2028

Table of Contents

1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players' expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Raw Material Suppliers
6.3.1.1. Steel/Plastic Enclosure Manufacturers
6.3.1.2. Electronic Components
6.3.1.3. Coolant Providers
6.3.1.4. Harness Suppliers
6.3.2. Battery Testing Equipment Manufacturers
6.3.3. Key End Users
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Global Battery Testing Equipment Market: Key Investment Analysis
9.1. By Battery Manufacturers
9.2. By Region
9.3. By End User
9.4. M&A Activities
Robust assessment of major investments made by various industry players along with key application areas, technological assessment, and key end-use sector
10. Pricing Analysis
10.1. By Function
10.1.1. Module Testing
10.1.2. Cell Testing
10.1.3. Pack Testing
10.2. By Capacity
10.2.1. Less than 100 V
10.2.2. Between 100-300 V
10.2.3. More than 300 V
10.3. By Region
10.3.1. North America
10.3.2. Western Europe
10.3.3. Eastern Europe
10.3.4. Asia Pacific
10.3.5. Latin America
10.3.6. Middle East & Africa
11. Parent Market Overview: Global Testing Equipment Market
12. Global End User Industry Assessment
12.1. Global Electric Vehicle Market
12.2. Global Electronics and Semiconductor Industry
12.3. Global Aerospace and Defense Industry
12.4. Global Telecom Industry
12.5. Global Battery Production and Consumption Overview
12.5.1. Installed Capacity
12.5.2. Upcoming Investments and Projects
13. Segmental Analysis
13.1. Global Battery Testing Equipment Market by Function
13.1.1. Segment Overview
13.1.1.1. Module Testing
13.1.1.2. Cell Testing
13.1.1.3. Pack Testing
13.2. Global Battery Testing Equipment Market by Battery Type
13.2.1. Segment Overview
13.2.1.1. Nickel Cadmium (Ni-Cd)
13.2.1.2. Lead Acid
13.2.1.3. Lithium-ion
13.2.1.4. Alkaline
13.2.1.5. Others (Carbon-Zinc, Ni-MH etc.)
13.3. Global Battery Testing Equipment Market by Installation
13.3.1. Segment Overview
13.3.1.1. Portable
13.3.1.2. Stationary
13.4. Global Battery Testing Equipment Market by Capacity
13.4.1. Segment Overview
13.4.1.1. Less than 100 V
13.4.1.2. Between 100-300 V
13.4.1.3. More than 300 V
13.5. Global Battery Testing Equipment Market by End User
13.5.1. Segment Overview
13.5.1.1.1. Automotive
13.5.1.1.2. Aerospace
13.5.1.1.3. Electronics
13.5.1.1.4. Telecommunication
13.5.1.1.5. Defense
13.5.1.1.6. Renewable & Grid Energy
13.5.1.1.7. Others (Biology, Hospital, Medical Technology, etc.)
13.6. Global Battery Testing Equipment Market by Offering
13.6.1. Segment Overview
13.6.1.1.1. In-house
13.6.1.1.2. Outsourced
13.7. Global Battery Testing Equipment Market by Region
13.7.1. North America
13.7.2. Latin America
13.7.3. Western Europe
13.7.4. Eastern Europe
13.7.5. Asia Pacific
13.7.6. Middle East & Africa
14. Regional Analysis
14.1. North America Battery Testing Equipment Market Analysis and Forecast 2019-2028
14.1.1. Regional Market Overview and Key Takeaways
14.1.2. North America Battery Testing Equipment Market by Function
14.1.3. North America Battery Testing Equipment Market by Battery Type
14.1.4. North America Battery Testing Equipment Market by Installation
14.1.5. North America Battery Testing Equipment Market by Capacity
14.1.6. North America Battery Testing Equipment Market by End User
14.1.7. North America Battery Testing Equipment Market by Offering
14.1.8. North America Battery Testing Equipment Market by Country
14.1.8.1. US
14.1.8.2. Canada
14.2. Latin America Battery Testing Equipment Market Analysis and Forecast 2019-2028
14.2.1. Regional Market Overview and Key Takeaways
14.2.2. Latin America Battery Testing Equipment Market by Function
14.2.3. Latin America Battery Testing Equipment Market by Battery Type
14.2.4. Latin America Battery Testing Equipment Market by Installation
14.2.5. Latin America Battery Testing Equipment Market by Capacity
14.2.6. Latin America Battery Testing Equipment Market by End User
14.2.7. Latin America Battery Testing Equipment Market by Offering
14.2.8. Latin America Battery Testing Equipment Market by Country
14.2.8.1. Brazil
14.2.8.2. Mexico
14.2.8.3. Rest of Latin America
14.3. Western Europe Battery Testing Equipment Market Analysis and Forecast 2019-2028
14.3.1. Regional Market Overview and Key Takeaways
14.3.2. Western Europe Battery Testing Equipment Market by Function
14.3.3. Western Europe Battery Testing Equipment Market by Battery Type
14.3.4. Western Europe Battery Testing Equipment Market by Installation
14.3.5. Western Europe Battery Testing Equipment Market by Capacity
14.3.6. Western Europe Battery Testing Equipment Market by End User
14.3.7. Western Europe Battery Testing Equipment Market by Offering
14.3.8. Western Europe Battery Testing Equipment Market by Country
14.3.8.1. Germany
14.3.8.2. UK
14.3.8.3. France
14.3.8.4. Spain
14.3.8.5. Italy
14.3.8.6. Benelux
14.3.8.7. Nordic
14.3.8.8. Rest of Western Europe
14.4. Eastern Europe Battery Testing Equipment Market Analysis and Forecast 2019-2028
14.4.1. Regional Market Overview and Key Takeaways
14.4.2. Eastern Europe Battery Testing Equipment Market by Function
14.4.3. Eastern Europe Battery Testing Equipment Market by Battery Type
14.4.4. Eastern Europe Battery Testing Equipment Market by Installation
14.4.5. Eastern Europe Battery Testing Equipment Market by Capacity
14.4.6. Eastern Europe Battery Testing Equipment Market by End User
14.4.7. Eastern Europe Battery Testing Equipment Market by Offering
14.4.8. Eastern Europe Battery Testing Equipment Market by Country
14.4.8.1. Russia
14.4.8.2. Poland
14.4.8.3. Rest of Eastern Europe
14.5. Asia Pacific Battery Testing Equipment Market Analysis and Forecast 2019-2028
14.5.1. Regional Market Overview and Key Takeaways
14.5.2. Asia Pacific Battery Testing Equipment Market by Function
14.5.3. Asia Pacific Battery Testing Equipment Market by Battery Type
14.5.4. Asia Pacific Battery Testing Equipment Market by Installation
14.5.5. Asia Pacific Battery Testing Equipment Market by Capacity
14.5.6. Asia Pacific Battery Testing Equipment Market by End User
14.5.7. Asia Pacific Battery Testing Equipment Market by Offering
14.5.8. Asia Pacific Battery Testing Equipment Market by Country
14.5.8.1. China
14.5.8.2. Japan
14.5.8.3. India
14.5.8.4. South Korea
14.5.8.5. Australia
14.5.8.6. ASEAN
14.5.8.7. Rest of Asia-Pacific
14.6. Middle East & Africa Battery Testing Equipment Market Analysis and Forecast 2019-2028
14.6.1. Regional Market Overview and Key Takeaways
14.6.2. Middle East & Africa Battery Testing Equipment Market by Function
14.6.3. Middle East & Africa Battery Testing Equipment Market by Battery Type
14.6.4. Middle East & Africa Battery Testing Equipment Market by Installation
14.6.5. Middle East & Africa Battery Testing Equipment Market by Capacity
14.6.6. Middle East & Africa Battery Testing Equipment Market by End User
14.6.7. Middle East & Africa Battery Testing Equipment Market by Offering
14.7. Middle East & Africa Battery Testing Equipment Market by Country
14.7.1.1. GCC
14.7.1.2. South Africa
14.7.1.3. Turkey
14.7.1.4. Rest of the Middle East & Africa
15. Competitive Landscape
15.1. Competition Dashboard
15.1.1. Global and Regional Market Share Analysis
15.1.2. Market Structure
15.2. Competitive Benchmarking
15.3. Key Strategy Analysis
15.4. Company Profiles
15.4.1. Chroma Systems Solutions, Inc.
15.4.1.1. Company Overview
15.4.1.2. Product/Service Offerings
15.4.1.3. Key Financials
15.4.1.4. Recent Developments
15.4.2. Keysight Technologies, Inc.
15.4.2.1. Company Overview
15.4.2.2. Product/Service Offerings
15.4.2.3. Financials
15.4.2.4. Recent Developments
15.4.3. Arbin Instruments
15.4.3.1. Company Overview
15.4.3.2. Product/Service Offerings
15.4.3.3. Financials
15.4.3.4. Recent Developments
15.4.4. Megger Group Limited
15.4.4.1. Company Overview
15.4.4.2. Product/Service Offerings
15.4.4.3. Financials
15.4.4.4. Recent Developments
15.4.5. DV Power (IBEKO Power AB)
15.4.5.1. Company Overview
15.4.5.2. Product/Service Offerings
15.4.5.3. Financials
15.4.5.4. Recent Developments
15.4.6. Century Yuasa Batteries Pty Ltd
15.4.6.1. Company Overview
15.4.6.2. Product/Service Offerings
15.4.6.3. Financials
15.4.6.4. Recent Developments
15.4.7. Shenzhen Bonad Instrument Co., Ltd.
15.4.7.1. Company Overview
15.4.7.2. Product/Service Offerings
15.4.7.3. Financials
15.4.7.4. Recent Developments
15.4.8. Kikusui Electronics Corporation
15.4.8.1. Company Overview
15.4.8.2. Product/Service Offerings
15.4.8.3. Financials
15.4.8.4. Recent Developments
15.4.9. Cadex Electronics Inc.
15.4.9.1. Company Overview
15.4.9.2. Product/Service Offerings
15.4.9.3. Financials
15.4.9.4. Recent Developments
15.4.10. KJ Group
15.4.10.1. Company Overview
15.4.10.2. Product/Service Offerings
15.4.10.3. Financials
15.4.10.4. Recent Developments
15.4.11. MTI Corporation
15.4.11.1. Company Overview
15.4.11.2. Product/Service Offerings
15.4.11.3. Financials
15.4.11.4. Recent Developments
15.4.12. Digatron Power Electronics GmbH
15.4.12.1. Company Overview
15.4.12.2. Product/Service Offerings
15.4.12.3. Financials
15.4.12.4. Recent Developments
15.4.13. Neware Technology Limited
15.4.13.1. Company Overview
15.4.13.2. Product/Service Offerings
15.4.13.3. Financials
15.4.13.4. Recent Developments
15.4.14. Bitrode Corp.
15.4.14.1. Company Overview
15.4.14.2. Product/Service Offerings
15.4.14.3. Financials
15.4.14.4. Recent Developments
16. Disclaimer

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