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battery tester By 2030, market size is anticipated to reach USD 548 million. During the forecast period, the market is anticipated to expand at a CAGR of around 5%.
A battery is a device that retains electrical charge and is made up of one or more electrolytic cells. When linked to various gadgets including watches, flashlights, clocks, smartphones, and electric cars, the electric power supply starts. The battery analyzer, which is used to check the condition of the electric battery, can also be recognised as a tester. The instrument is used to gauge the voltage, capacity, and resistance of the batteries. This is used by the electricians to determine the device's current condition, whether it can be used further, and whether a replacement is necessary. Additionally, it serves as a backup application for telecom networks, data centres, and power distribution systems. Battery analyzers are utilised by many different sectors. Automotive, healthcare, aviation, information technology, and telecommunications are the sectors. One of the key drivers of market growth is the rise in demand for battery power sources in data centres. The market is being driven by the automotive industry's increased use of battery analyzers and the rising demand for electric vehicles because of environmental concerns.
The brand-new Aim-TTi PSA Series 3 RF Spectrum Analyzers have been introduced by Saelig. The compact, portable devices, which come in 1.3 GHz and 2.7 GHz models, are said to have new capabilities and a longer battery life than the Series 2 series. A low noise floor is one of the aspects that helps the sensitivity. Today, BIOTRONIK, Inc. announced that Renamic Neo, the company's cutting-edge programmer for implanted cardiac rhythm management devices like ICDs, pacemakers, and implantable cardiac monitors, had been given FDA approval.
To assess how well its passenger car tyres break, Continental created a fully electric test vehicle. The type, battery type, end-use industry, and region are the key segments used to divide the global market for battery analyzers. The global market is split into fixed and portable segments based on type. The market's highest share is anticipated to belong to the portable category. Due to several benefits such its small size and ease of movement when moving according to the needs of the end-use industry, the portable sector is anticipated to expand more quickly during the projection period. The lead acid battery, nickel-cadmium battery, and lithium-ion battery segments of the global market are separated based on the kind of battery. During the projection period, the lithium-ion sector is anticipated to grow at the fastest rate and hold the greatest market share. In comparison to other types of batteries, the lithium-ion battery has a number of benefits, including a high energy density, improved load characteristics, and reduced maintenance. The market is divided into segments for the automotive, IT & telecom, healthcare, aviation & defence, and other end-use industries. During the projected period, the automotive segment is anticipated to dominate the market. The primary drivers of the automotive segment's growth throughout the projection period are the sector's expanding advances and the rising demand for electric automobiles on the global market.
Due to the increasing need for battery power sources in data centres, the expanding use of battery analyzers in the automotive industry, and the rising demand for battery-powered consumer electronics, the global market for battery analyzers is anticipated to expand rapidly over the projected period. Battery analyzers are frequently used in the automotive sector to track and measure the voltage, quality factor, and other details of the batteries of electric vehicles. The International Energy Agency (IEA) projects that between 2019 and 2030, the average annual growth in sales of electric vehicles would be 36% per year, based on the sustainable development scenario (SDS). The EV30@30 campaign, started in 2017, also established the common objective of attaining the share of 30% for EVs by 2030. During the anticipated period, this is anticipated to fuel the market for battery analyzers. Additionally, many nations, like Saudi Arabia, India, and the US, are concentrating on the creation of data centres due to the anticipated sharp increase in global demand for data centres. For instance, Google (US) and Saudi Arabian Oil Company worked together to create a data centre in Saudi Arabia in February 2018. Google (US) said in February 2019 that it would spend more than USD 13 billion building data centres and offices around the US. As a result, it is anticipated that throughout the projected period, demand for battery analyzers will be driven by both the need from data centres and the rising popularity of electric vehicles.
Report Coverage
Global Battery Analyzer research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Battery Analyzer report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Battery Analyzer competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Battery Analyzer market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Battery Analyzer market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Battery Analyzer market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Fluke Corporation (US), Ametek, Inc. (US), Xiamen Tmax Battery Equipments Limited. (China), HIOKI E.E. CORPORATION (Japan), ACT Meters Ltd (UK), Cadex Electronics Inc. (Canada), Eagle Eye Power Solutions LLC (US), Kussmaul Electronics Co. Inc. (US), Maccor Inc (US), Meco Instruments Pvt. Ltd (India), PulseTech Products Corp. (US), B&K Precision Corporation (US), Bullard (Germany), Energy Storage Instruments (Canada), and Vencon Technologies (Canada).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Battery Analyzer market based on the below-mentioned segments:
Global Battery Analyzer Market, By Type
Stationary
Portable
Global Battery Analyzer market, By Battery Type
Lithium-ion battery
Nickel-Cadmium battery
Lead acid battery
Global Battery Analyzer Market, By End User
Automotive
IT & Telecom
Healthcare
Aviation & Defense
Others
Global Battery Analyzer market, Regional Analysis
A battery is a device that retains electrical charge and is made up of one or more electrolytic cells. When linked to various gadgets including watches, flashlights, clocks, smartphones, and electric cars, the electric power supply starts. The battery analyzer, which is used to check the condition of the electric battery, can also be recognised as a tester. The instrument is used to gauge the voltage, capacity, and resistance of the batteries. This is used by the electricians to determine the device's current condition, whether it can be used further, and whether a replacement is necessary. Additionally, it serves as a backup application for telecom networks, data centres, and power distribution systems. Battery analyzers are utilised by many different sectors. Automotive, healthcare, aviation, information technology, and telecommunications are the sectors. One of the key drivers of market growth is the rise in demand for battery power sources in data centres. The market is being driven by the automotive industry's increased use of battery analyzers and the rising demand for electric vehicles because of environmental concerns.
The brand-new Aim-TTi PSA Series 3 RF Spectrum Analyzers have been introduced by Saelig. The compact, portable devices, which come in 1.3 GHz and 2.7 GHz models, are said to have new capabilities and a longer battery life than the Series 2 series. A low noise floor is one of the aspects that helps the sensitivity. Today, BIOTRONIK, Inc. announced that Renamic Neo, the company's cutting-edge programmer for implanted cardiac rhythm management devices like ICDs, pacemakers, and implantable cardiac monitors, had been given FDA approval.
To assess how well its passenger car tyres break, Continental created a fully electric test vehicle. The type, battery type, end-use industry, and region are the key segments used to divide the global market for battery analyzers. The global market is split into fixed and portable segments based on type. The market's highest share is anticipated to belong to the portable category. Due to several benefits such its small size and ease of movement when moving according to the needs of the end-use industry, the portable sector is anticipated to expand more quickly during the projection period. The lead acid battery, nickel-cadmium battery, and lithium-ion battery segments of the global market are separated based on the kind of battery. During the projection period, the lithium-ion sector is anticipated to grow at the fastest rate and hold the greatest market share. In comparison to other types of batteries, the lithium-ion battery has a number of benefits, including a high energy density, improved load characteristics, and reduced maintenance. The market is divided into segments for the automotive, IT & telecom, healthcare, aviation & defence, and other end-use industries. During the projected period, the automotive segment is anticipated to dominate the market. The primary drivers of the automotive segment's growth throughout the projection period are the sector's expanding advances and the rising demand for electric automobiles on the global market.
Due to the increasing need for battery power sources in data centres, the expanding use of battery analyzers in the automotive industry, and the rising demand for battery-powered consumer electronics, the global market for battery analyzers is anticipated to expand rapidly over the projected period. Battery analyzers are frequently used in the automotive sector to track and measure the voltage, quality factor, and other details of the batteries of electric vehicles. The International Energy Agency (IEA) projects that between 2019 and 2030, the average annual growth in sales of electric vehicles would be 36% per year, based on the sustainable development scenario (SDS). The EV30@30 campaign, started in 2017, also established the common objective of attaining the share of 30% for EVs by 2030. During the anticipated period, this is anticipated to fuel the market for battery analyzers. Additionally, many nations, like Saudi Arabia, India, and the US, are concentrating on the creation of data centres due to the anticipated sharp increase in global demand for data centres. For instance, Google (US) and Saudi Arabian Oil Company worked together to create a data centre in Saudi Arabia in February 2018. Google (US) said in February 2019 that it would spend more than USD 13 billion building data centres and offices around the US. As a result, it is anticipated that throughout the projected period, demand for battery analyzers will be driven by both the need from data centres and the rising popularity of electric vehicles.
Report Coverage
Global Battery Analyzer research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Battery Analyzer report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Battery Analyzer competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Battery Analyzer market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Fluke Corporation (US), Ametek, Inc. (US), Xiamen Tmax Battery Equipments Limited. (China), HIOKI E.E. CORPORATION (Japan), ACT Meters Ltd (UK), Cadex Electronics Inc. (Canada), Eagle Eye Power Solutions LLC (US), Kussmaul Electronics Co. Inc. (US), Maccor Inc (US), Meco Instruments Pvt. Ltd (India), PulseTech Products Corp. (US), B&K Precision Corporation (US), Bullard (Germany), Energy Storage Instruments (Canada), and Vencon Technologies (Canada). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Battery Analyzer Market from 2021 to 2030.
- Market Forecast for Battery Analyzer Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Battery Analyzer competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Battery Analyzer
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Battery Analyzer market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Battery Analyzer market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Fluke Corporation (US), Ametek, Inc. (US), Xiamen Tmax Battery Equipments Limited. (China), HIOKI E.E. CORPORATION (Japan), ACT Meters Ltd (UK), Cadex Electronics Inc. (Canada), Eagle Eye Power Solutions LLC (US), Kussmaul Electronics Co. Inc. (US), Maccor Inc (US), Meco Instruments Pvt. Ltd (India), PulseTech Products Corp. (US), B&K Precision Corporation (US), Bullard (Germany), Energy Storage Instruments (Canada), and Vencon Technologies (Canada).
Primary Target Market
- Market Players of Battery Analyzer
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Battery Analyzer market based on the below-mentioned segments:
Global Battery Analyzer Market, By Type
Stationary
Portable
Global Battery Analyzer market, By Battery Type
Lithium-ion battery
Nickel-Cadmium battery
Lead acid battery
Global Battery Analyzer Market, By End User
Automotive
IT & Telecom
Healthcare
Aviation & Defense
Others
Global Battery Analyzer market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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