Battery Cyclers Market Size, Share, and Analysis, By Battery (Lithium-Ion, Lead Acid, Nickle-Based, and Solid-State), By Function (Cell Testing, Module Testing, and Pack Testing), By Application (End-of-Line and Research), By Vertical (Aerospace, Energy &

Battery Cyclers Market Size, Share, and Analysis, By Battery (Lithium-Ion, Lead Acid, Nickle-Based, and Solid-State), By Function (Cell Testing, Module Testing, and Pack Testing), By Application (End-of-Line and Research), By Vertical (Aerospace, Energy & Power, Automotive, Consumer Electronics, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034


Battery Cyclers Market Size, Share, and Analysis, By Battery (Lithium-Ion, Lead Acid, Nickle-Based, and Solid-State), By Function (Cell Testing, Module Testing, and Pack Testing), By Application (End-of-Line and Research), By Vertical (Aerospace, Energy & Power, Automotive, Consumer Electronics, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Battery Cyclers Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 12.7% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 0.5 billion and is projected to reach USD 2 billion by the completion of 2034.

Battery cyclers, also known as battery testing devices, are advanced machines that are used to evaluate the capabilities and characteristics of batteries. They work by subjecting batteries to various charge and discharge cycles in controlled environments and allow researchers, engineers, or manufacturers to investigate the performance parameters of batteries such as capacity, voltage, efficiency, and degradation. These systems are important in the research & development of batteries for various applications, including electric vehicles, renewable energy storage, and portable electronic devices. In addition, battery cyclers handle charging and discharging settings, thus allowing for the replication of real-world usage scenarios and the evaluation of battery longevity & safety.

MARKET HIGHLIGHTS

Battery cyclers market is projected to reach USD 2 billion over the forecast period, owing to the high demand for energy storage solutions across multiple industries. The increasing adoption of electric vehicles, combined with the rise of renewable energy installations and the growing investments in battery R&D are major factors propelling the growth of the industry. Battery cyclers are important for evaluating the performance of batteries and improving energy storage systems. In addition, severe regulations that support energy sustainability also play an essential role in the growth of the battery cyclers market. Furthermore, automation, data analytics, and artificial intelligence are being integrated to enhance the applications and capabilities of battery testing systems. Besides, with the public and private sectors putting a strong emphasis on decarbonization, the market for battery cyclers is expected to grow steadily and present innovative solutions that can address the needs and legal requirements of consumers.

Battery Cyclers Market Segments:
  • By Battery
  • Lithium-Ion
  • Lead Acid
  • Nickle-Based
  • Solid-State
  • By Function
  • Cell Testing
  • Module Testing
  • Pack Testing
  • By Application
  • End-of-Line
  • Research
  • By Vertical
  • Aerospace
  • Energy & Power
  • Automotive
  • Consumer Electronics
  • Others
MARKET DYNAMICS

Growth Drivers

Improvements in technology are Driving Growth in the Battery Cyclers Market

Increasing Adoption of Electric Vehicles Act as a Catalyst for Market Growth

Restraint

High Initial Investment in the Battery Cyclers Market Will Impact the Growth

Key Players

Arbin Instruments

Maccor Inc.

BioLogic Science Instruments

Neware Technology Limited

CHROMA ATE INC.

Gamry Instruments

Scribner Associates Inc.

Ametek Scientific Instruments

HIOKI E.E. Corporation

Basytec GmbH

BatteryDAQ

Adaptive Power Systems

Bitrode Corporation

Volta Power Systems

Battery Tech Solutions LLC

Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 2-3 business days upon order confirmation*


1. Executive Summary
1.1. Regional Market Share
1.2.Business Trends
1.3. Battery Cyclers Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1.Market Definition
3.2.Battery Cyclers Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.Battery Cyclers Market – Industry Insights
4.1. Industry Segmentation
4.2.COVID-19 overview of world economy
4.3.Industry Ecosystem Channel Analysis
4.4.Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.Risk Analysis
9. Market Analysis
9.1.Porter's Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.Battery Cyclers Market
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Battery Cyclers Market Size & Forecast 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1. By Battery
11.3.1.1. Lithium-Ion
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Lead Acid
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Nickle-Based
11.3.1.3.1. By Value (USD Million) 2024-2034F
11.3.1.3.2.Market Share (%) 2024-2034F
11.3.1.3.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.4.Solid-State
11.3.1.4.1. By Value (USD Million) 2024-2034F
11.3.1.4.2.Market Share (%) 2024-2034F
11.3.1.4.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Function
11.3.2.1.Cell Testing
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Module Testing
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Pack Testing
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Application
11.3.3.1.End-of-Line
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Research
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.By Vertical
11.3.4.1.Aerospace
11.3.4.1.1. By Value (USD Million) 2024-2034F
11.3.4.1.2.Market Share (%) 2024-2034F
11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.4.2. Energy & Power
11.3.4.2.1.By Value (USD Million) 2024-2034F
11.3.4.2.2. Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3. Automotive
11.3.4.3.1.By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4.Consumer Electronics
11.3.4.4.1.By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.5. Others
11.3.4.5.1.By Value (USD Million) 2024-2034F
11.3.4.5.2. Market Share (%) 2024-2034F
11.3.4.5.3. Y-o-Y Growth (%) 2024-2034F
12.North America Battery Cyclers Market Size & Forecast 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Battery
12.3.2. By Function
12.3.3. By Application
12.3.4. By Vertical
12.4. Country
12.4.1. United States
12.4.2.Canada
13.Europe Battery Cyclers Market Size & Forecast 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Battery
13.3.2. By Function
13.3.3. By Application
13.3.4. By Vertical
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.Asia-Pacific Battery Cyclers Market Size & Forecast 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Battery
14.3.2. By Function
14.3.3. By Application
14.3.4. By Vertical
14.4.Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.Middle East and Africa Battery Cyclers Market Size & Forecast 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Battery
15.3.2. By Function
15.3.3. By Application
15.3.4. By Vertical
15.4.Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4.South Africa
15.4.5.Rest of Middle East and Africa
16. Latin America Battery Cyclers Market Size & Forecast 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Battery
16.3.2. By Function
16.3.3. By Application
16.3.4. By Vertical
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. Competitive Landscape
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1. Arbin Instruments
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Maccor Inc.
18.3.BioLogic Science Instruments
18.4. Neware Technology Limited
18.5. CHROMA ATE INC.
18.6.Gamry Instruments
18.7.Scribner Associates Inc.
18.8. Ametek Scientific Instruments
18.9.HIOKI E.E. Corporation
18.10.Basytec GmbH
18.11. BatteryDAQ
18.12.Adaptive Power Systems
18.13.Bitrode Corporation
18.14.Volta Power Systems
18.15.Battery Tech Solutions LLC
18.16.Other Prominent Players
19. Appendix
20.Consultant Recommendation

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