Global Battery Testers and Analyzers Market: Introduction
Battery testers and analyzers are used to check batteries in services, and predict their replacement. Battery testers and analyzers also provide multi-purpose test functions for the developers of new technology and for research laboratories. Battery testers and analyzers are used to assure system integrity by analyzing a wide range of batteries as a part of fleet management.
Batteries tend to have a shorter life than the host that they power, hence, the periodic usage of battery testers and analyzers is very important. Battery testers and analyzers are a key factor in day-to-day operations, and hence, they are a vital component for both, hand-held as well as stationary components. Battery testers and analyzers are used for evaluating and testing everything, from single batteries for hand-held equipment to power banks used for entire backups for control systems or critical machinery.
Basic battery testers and analyzers include voltmeters and ammeters. With their help, battery testers and analyzers measure the charge stored in a battery and its voltage output. Advanced battery testers and analyzers are used to determine a battery's condition by evaluating critical parameters such as its capacity for accumulating charge and any condition affecting its performance.
Global Battery Testers and Analyzers Market: Drivers and Challenges
Battery testers and analyzers are widely used to check and maintain the battery of electric vehicles. As such, the increasing sales of electric vehicles is one of the key factors driving the growth of the battery testers and analyzers market. The environment-friendly nature and low maintenance have made battery testers and analyzers popular.
Moreover, these battery testers and analyzers have multiple functions, such as resistance testing and DC voltage, which is another factor fueling the growth of the battery testers and analyzers market. User friendly interface, ease of use, and quick connection with the help of USB ports are some more properties of battery testers and analyzers, which are anticipated to propel the demand for the battery testers and analyzers market during the forecast period.
However, some battery testers and analyzers are designed with fancy contraptions, levers, and springs in a complicated way that only inventors can operate, and the connecting various batteries of different shapes with such battery testers and analyzers is very difficult. Hence, this is one of the major factors restraining the growth of the battery testers and analyzers market.
Know More Details About the Report
Global Battery Testers and Analyzers Market: Competition Landscape
In June 2018, Transcat, Inc., a provider of laboratory instrument services, accredited with the calibration, inspection, repair, and distributor of professional grade hand-held test, measurement, and control instrumentation, acquired NBS Calibrations, Inc. This acquisition will help Transcat Inc. expand its service offerings and add a dedicated customer base.
Examples of some of the market participants in the global battery testers and analyzers market identified across the value chain include Amprobe, Robert Bosch, Fluke, ACT Meters, Cadex Electronics, Maccor, West Mountain Radio, Eagle Eye Power Solutions, Transcat, Inc., Bullard, CHROMA ATE, SY KESSLER, DHC Specialty, Vencon Technologies, and PulseTech Products.
Global Battery Testers and Analyzers Market: Regional Outlook
The battery testers and analyzers market can be segmented into North America, Latin America, Europe, CIS & Russia, Japan, APEJ, and Middle East & Africa.
North America, Western Europe, and Asia Pacific are expected to account for more than half of the total battery testers and analyzers market share, due to increasing investments by major vendors in these regions. Moreover, the battery testers and analyzers markets in North America and Western Europe are anticipated to grow significantly during the forecast period, due to the increasing usage of electric vehicles in these regions.
Avail customized purchase options for your needs
The report covers exhaustive analysis on,
- Market Segments
- Market Dynamics
- Historical Actual Market Size, 2013-2017
- Market Size & Forecast, 2018 to 2028
- Value Chain
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Market Drivers and Restraints
Regional analysis for the battery testers and analyzers market includes development in the following regions,
- North America
- Latin America
- Rest of LatAm
- EU – 4 (Germany, France, Italy, Spain)
- BENELUX (Belgium, Netherlands, Luxemburg)
- NORDIC (Norway, Denmark, Iceland, Sweden)
- Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
- Rest of Europe
- CIS & Russia
- Greater China
- ASEAN Countries
- Rest of APEJ
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts & industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
An Adaptive Approach to Modern-day Research Needs
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint
Global Battery Testers and Analyzers Market: Segmentation
The battery testers and analyzers market can be segmented on the basis of type, application, industry, and region.
The battery testers and analyzers market segmentation by type,
The battery testers and analyzers market segmentation by application,
- Standard Batteries
- Rechargeable Batteries
The battery testers and analyzers market segmentation by industry,
- IT & Telecom
Need an Exclusive Report for your Unique Requirement?
- Our Clients -
- Evaluate How Fact.MR's Report Can Help. -
Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
Is a sample of this report available for evaluation?
Yes, you can request a sample, and it will be sent to you through an email.