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The automotive battery testers market size is forecast to increase by USD 78.9 million at a CAGR of 3.73% between 2023 and 2028. The market is experiencing significant growth due to several key factors. Firstly, the increasing lifespan of vehicles has led to a rise in the overall vehicle population, creating a larger market for battery testers. Secondly, the convenience of online purchasing has become a major driver for market growth, as consumers can easily access and buy battery testers from the comfort of their own homes. Lastly, improvements in automotive aftermarket distribution channels and supply chain networks have streamlined the delivery and availability of battery testers, making them more accessible to consumers and contributing to market expansion. Overall, these factors are fueling the growth of the market.
It also includes an in-depth analysis of market trends and analysis, market growth analysis and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
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The market is witnessing rapid growth with the rise of Electric Vehicles (EVs) and the increasing demand for lithium-ion batteries. Key players like AVL are integrating AI and IoT into battery testing equipment to ensure battery safety and security. This market is driven by the need for accurate assessment of battery condition and detection of flaws. With advancements in digitalization and electrification, there's a growing focus on stationary battery testing equipment for various applications, from urban mobility infrastructure to rechargeable batteries used in watches, flashlights, and clocks. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
One of the major factors driving the market growth is the rising lifespan of vehicles, which is consequently increasing the number of vehicles in operation in several countries. Modern vehicles have rigid construction, a long-lasting and highly durable engine, and undergo regular maintenance at periodic intervals. This has led to an increase in the lifespan of vehicles, as consumers can keep their vehicles in operation for a longer period of time. Hence, the demand for automotive repair and maintenance services is rising across the world.
Passenger cars and utility vehicles such as sports-utility vehicles (SUVs), multi-purpose vehicles (MPVs), crossovers, and pickup trucks are also becoming popular in the global automotive market. This creates a high demand for preventive maintenance services for essential automotive components such as batteries. Such factors are increasing the need for battery-testing equipment, which is expected to drive the market during the forecast period.
The development of touchscreen battery testers is the primary trend in the market. Customers globally are well-versed in the use of the touchscreen interface. Touchscreen displays have been widely adopted across various devices, including smartphones, and they allow companies to manage space constraints on electronic devices.
For instance, traditional testers with buttons as an interface require multiple buttons for various functionalities. This led to less amount of space for the display, which proved inconvenient for technicians and customers. On the other hand, a touchscreen display interface allows the addition of multiple functions in a diagnostic service system in a convenient way. Hence, it is expected that other prominent companies will adopt this technology, which, in turn, will positively impact the market during the forecast period.
The development of supercapacitors to replace batteries is the major challenge impeding the market. Lead-acid batteries inherently have low power density, hence their charge and discharge rates are slow. Their ability to retain energy throughout their lifetime deteriorates due to material damage. Also, due to the numerous charge and discharge cycles, the chemical compounds inside the battery degrade over time.
In a supercapacitor, the energy is stored electrostatically on the surface of the material and does not involve any chemical reaction. Supercapacitors have a high-power density. They can be charged quickly, and they release the power in fast bursts of current. Hence, supercapacitors are gaining prominence in the automotive industry which will challenge the demand for batteries and negatively impact the adoption of testers during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Autel Intelligent Technology Co. - The company offers automotive testers that can quickly identify the vehicle and battery specifications and can read/clear codes on all available vehicle systems.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth of the simple battery testers segment will be significant during the forecast period. A simple tester is a battery-monitoring device that is used to detect problems or malfunctions in a battery. It can be used as a voltmeter to test the voltage. As most automobile maintenance and repair service providers use simple testers to detect minor problems in vehicle batteries, the simple testers segment dominated the market in 2021 and this will help the market grow during the forecast period.
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The simple battery testers segment was valued at USD 218.40 million in 2018. The surge in e-commerce is also a crucial factor contributing to the growing adoption of simple testers. E-commerce platforms have simple tester product listings for various manufacturers, ranging from prominent international brands to regional brands, allowing buyers to choose from various products. Therefore, the growth of e-commerce is expected to drive the simple tester segment of the global market during the forecast period.
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APAC is estimated to contribute 50% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
APAC is the fastest-growing region in the global market. The region is a high-volume adopter of passenger cars and CVs. Moreover, passenger cars in several APAC countries are used for short-distance commuting with high traffic congestion. This results in incomplete charging of vehicle batteries and leads to sulfation. In addition, most vehicles in APAC belong to the entry-level and mid-level segments, which have batteries that only perform rudimentary functions and require regular maintenance and servicing. Hence, APAC is expected to witness an increased number of failures during the forecast period, resulting in an increase in the requirement for frequent testing of vehicle batteries. Therefore, APAC is expected to experience high growth in the demand for testers during the forecast period.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The market is witnessing a significant growth driven by the increasing adoption of Lithium ion batteries in electric cars and hybrid electric vehicles. With the battery industry focusing on improving battery security and addressing battery flaws, demand for advanced battery testing equipment is rising. This includes portable battery testing equipment for on-the-go assessments, covering cell testing, module testing, and pack testing. Beyond automotive applications, the market extends to the telecommunications industry, where precision battery testing equipment ensures reliable power sources for data centers and telecom networks. Additionally, advancements cater to diverse sectors such as healthcare, aviation, and defense, highlighting the versatility of battery analyzers in assessing capacity and resistance for various power sources.
Furthermore, the market is experiencing significant growth alongside the expanding EVs (Electric Vehicles) sector and the rising demand for reliable battery testing equipment across various industries including the defense industry and IT and telecom sectors. As technology evolves, wearable devices and data centers require precise battery analyzers to ensure optimal performance and safety. Key players like Saelig are offering advanced testers with features such as low noise floor and programmer capabilities, catering to diverse needs from testing electric charge in electrolytic cells to assessing battery life and breaking performance in fully electric vehicles. This market addresses the testing requirements of various battery types including lithium-ion, nickel cadmium, and lead acid batteries, ensuring efficiency and reliability in power distribution systems.
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Market Scope |
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Report Coverage |
Details |
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Page number |
161 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 3.73% |
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Market Growth 2024-2028 |
USD 78.9 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
3.54 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 50% |
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Key countries |
China, US, Germany, France, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Autel Intelligent Technology Co., AutoMeter Products Inc., Clore Automotive LLC, Elak Pvt. Ltd., Exponential Power Inc., EZRED Co., Fortive Corp., Gamela Enterprise Co. Ltd., Innova Electronics Corp., Meco Instruments Pvt. Ltd., Midtronics Inc., Milton Industries Inc., MOTOPOWER Inc., OBDSpace Co. Ltd., PulseTech Products Corp., Robert Bosch GmbH, Schumacher Electric Corp., Shenzhen Foxwell Technology Co. Ltd., Shenzhen JiaWei HengXin Technology Co. Ltd., and SUNER POWER |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the market forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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