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Global Battery Testing and Inspection Equipment Growth Opportunities
Global Battery Testing and Inspection Equipment Growth Opportunities
Electric Vehicle Sales, Grid Modernization, and Transition to Renewable Electricity Enhance Future Growth Potential
19-Sep-2022
Global
Description
The rapid surge in EV sales, sustainable battery usage, the need for high-capacity batteries, and advancements in battery chemistries and components are forecast to drive the need for efficient and robust battery testing and inspection solutions.The global battery testing and inspection equipment market is estimated to register 9.5% CAGR between 2021 and 2026.
Battery testing and inspection equipment solutions assess the batteries’ state of health (SOH), state of charge (SoC), internal resistance, impedance, open circuit voltage (OCV), and other crucial safety and performance parameters to evaluate the practical and technical aspects of various battery chemistries for specific applications.
The scope of this study covers testing equipment used across the battery life cycle from the design stage to manufacturing/production to its intended application/end use. The report is limited to testing equipment used to gauge the performance and safety of secondary batteries of Li-ion and lead-acid chemistries. Both battery chemistries account for more than 85% of the global battery market.
With 2021 as the base year, the research outlines market size estimates and future growth prospects up to 2026 (excludes revenue earned from battery testing and inspection services and testing equipment maintenance services). It follows a targeted methodology encompassing detailed discussions with senior management of battery test equipment manufacturers and end users supported by secondary research.
It analyzes the market based on product type, application, end user, and geography.
Product type:
• Portable battery testing and inspection equipment
• Stationary battery testing and inspection equipment
End user:
• Automotive
• Consumer Electronics
• Energy and Utility
• Telecom and Data Communication
• Others (factory automation and control/Industry 4.0, building automation, industrial equipment, healthcare, aerospace and defense, oil and gas,
and marine applications
Application type:
• Battery cell testing equipment
• Battery module testing equipment
• Battery pack testing equipment
Geographic coverage:
• Americas: Canada, United States, and Latin America
• Europe: Germany, the United Kingdom, France, Italy, Scandinavia, CIS Countries, and the rest of Europe
• Asia-Pacific: India, China, Japan, South Korea, Southeast Asia, Australia, New Zealand, and the rest of Asia-Pacific (Taiwan, Sri Lanka,
Pakistan, North Korea, Afghanistan, and Bangladesh)
• Middle East and Africa (MEA): Bahrain, Egypt, Iran, Iraq, Israel, Turkey, Saudi Arabia, United Arab Emirates, Palestine, Kuwait, Oman, Lebanon,
South Africa, West Africa, and Sub-Sahara
Author: Navdeep Saboo
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
Impact of the Top 3 Strategic Imperatives on the Battery Testing and Inspection Equipment Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Scope of Analysis (continued)
Scope of Analysis (continued)
Scope of Analysis (continued)
Scope of Analysis (continued)
Testing Schedule for Cell, Module, and Pack Level Testing for Li-ion Batteries
Market Segmentation by Application
Market Segmentation by Geography
Market Segmentation by End-user Industries
Key Competitors
Growth Metrics
Distribution Channels
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast Analysis
Revenue Forecast by Product Type
Revenue Forecast Analysis by Product Type
Revenue Forecast by End User
Revenue Forecast Analysis by End User
Revenue Forecast Analysis by End User (continued)
Revenue Forecast Analysis by End User (continued)
Revenue Forecast Analysis by End User (continued)
Revenue Forecast Analysis by End User (continued)
Revenue Forecast by Application
Revenue Forecast Analysis by Application
Revenue Forecast Analysis by Application (continued)
Revenue Forecast by Region
Revenue Forecast by Country
Revenue Forecast by Country
Revenue Forecast by Country
Revenue Forecast by Country
Revenue Forecast Analysis by Region
Pricing Trends and Forecast Analysis
Competitive Environment
Revenue Share
Revenue Share Analysis
Revenue Share Analysis (continued)
Top Participants—Product and Application Highlights
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Revenue Forecast by Product Type
Revenue Forecast by End User
Forecast Analysis
Forecast Analysis (continued)
Competitive Environment
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Revenue Forecast by Product Type
Revenue Forecast by End User
Forecast Analysis
Forecast Analysis (continued)
Competitive Environment
Growth Metrics
Revenue Forecast
Revenue Forecast by Region
Revenue Forecast by Product Type
Revenue Forecast by End User
Forecast Analysis
Forecast Analysis (continued)
Competitive Environment
Top 5 Trends for Sustainability and the Circular Economy
Battery Ecosystem Alignment with UN SDGs Critical to Paving the Path to Decarbonization
UN Sustainable Development Goals
Battery Passport for Sustainable, Resource Efficient, and Responsible Batteries
The European Green Deal Initiative and the Battery Ecosystem
Keysight Technologies—Enabling Responsible Battery Production for the Automotive Sector
Growth Opportunity 1: Move from Software to Smartphone APIs for Efficient Centralized Management of Test Equipment
Growth Opportunity 1: Move from Software to Smartphone APIs for Efficient Centralized Management of Test Equipment (continued)
Growth Opportunity 2: Strategic Partnerships Across the Value Chain will Drive Growth
Growth Opportunity 2: Strategic Partnerships Across the Value Chain will Drive Growth (continued)
Growth Opportunity 3: BMS Testing
Growth Opportunity 3: BMS Testing (continued)
Growth Opportunity 4: Testing Equipment for Solid-state Batteries
Growth Opportunity 4: Testing Equipment for Solid-state Batteries (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
Popular Topics
| Author | Navdeep Saboo |
|---|---|
| Industries | Test and Measurement Instrumentation |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | battery test system |
| Keyword 2 | ev battery testing equipment |
| Keyword 3 | battery tester manufacturers |
| Podcast | No |
| WIP Number | K79C-01-00-00-00 |