Battery Cyclers Market Forecast to 2028

Battery Cyclers Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Channel Type (16, 8, and 4), Battery Type [Lead Acid, Nickel Cadmium (NiCd) Batteries, Nickel-Metal (NiMh) Batteries, and Lithium-Ion (Li-Ion) Batteries], and End User (Aerospace, Energy & Power, Automotive, Consumer Electronics, and Others

Report Code : TIPRE00029730 | Region : Global | Industry : Electronics and Semiconductor | Published Date : 30/Sep/2022

The battery cyclers market size is expected to grow from US$ 208.14 million in 2022 to US$ 298.20 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2022 to 2028.

The popularity of electric vehicles (EVs) has significantly grown in recent years with the continuous maturation of the technology. Furthermore, increasing concerns about car emissions across the globe coupled with the rise in depletion rate of nonrenewable energy resources have prompted government bodies across both developed and developing countries to invest in the expansion of electric vehicle manufacturing. European countries are among the early adopters of electric mobility. According to the European Environment Agency, in 2020, electric vehicles accounted for 11% [6% battery electric vehicles (BEVs) and 5% plug-in hybrid electric vehicles (PHEVs)] of the newly registered passenger cars. The global production and sales of electric vehicles are increasing rapidly owing to favorable legislative measures such as subsidies and tax breaks for both manufacturers and consumers in different countries across regions such as North America, Europe, and Asia Pacific. These factors are thereby driving the manufacturers to increase their electric vehicle production, thus boosting the growth of the global battery cyclers market growth.

Many countries, including Canada, have set objectives for reducing vehicle emission levels. They have begun promoting the production and marketing of electric vehicles and related charging infrastructure. Norway and Germany are heavily investing in electric vehicle sales promotion. The UAE, China, India, Saudi Arabia, Chile, Brazil, and Russia are making contractual alliances to ramp up electric car production within their territories. Germany, France, the UK, Canada, South Korea, Japan, Sweden, the Netherlands, and Norway also experienced a surge in electric car registration amid the COVID-19 pandemic. According to IEA, about 3 million new electric cars were registered in 2020 across the globe. Europe led the electric car registrations with 1.4 million new electric car registrations, while China and the US followed with 1.2 million and 295,000 registrations, respectively. Such a surge in the production and use of electric vehicles is bolstering the growth of the battery cyclers market.

Impact of COVID-19 Pandemic on Asia Pacific Battery Cyclers Market

China, Japan, and India, among others, have large industrial bases, a positive economic outlook, and favorable government policies, which provide immense growth opportunities for the battery cyclers market. However, the COVID-19 pandemic has adversely affected various sectors in Asia Pacific during Q2 and Q3 of 2020. According to the National Statistical Office (NSO) data, the manufacturing sector output declined by 20.6% in May 2020 compared to its 3.1% rise in May 2019; this drop can be ascribed to travel restrictions, manufacturing plant shutdowns, raw material unavailability, and workforce limitations.

Asia Pacific is a prime manufacturer of consumer electronics and EVs. The emergence of the COVID-19 pandemic across countries in the region resulted in a loss in revenue due to a temporary shutdown of manufacturing facilities. However, the demand for battery cyclers among the end users continued to surge after industries resumed their businesses at the end of Q3 of 2020. Owing to significantly large manufacturing hubs in China, Taiwan, India, Japan, and South Korea, the battery cyclers market players observed higher demand for their products. The trend of revenue generation continued at a faster pace in 2021 compared to 2020.

Canada accounted for the second-largest North American battery cyclers market share in 2021. The country houses many manufacturing plants within its boundaries. The continuously growing number of manufacturing facilities over the years in the country will showcase the rise in battery-powered devices, which will further fuel the growth of the battery cyclers market. Additionally, the country also witnesses imprints of companies offering battery cyclers. Similarly, in August 2023, Volkswagen and Mercedes-Benz, US and German-based legacy automakers, sealed agreements with the Canadian government to acquire raw materials for EV battery manufacturing at their US-based facilities. However, the production of electric vehicles, buses, and trucks is in its initial stages in Canada as the country is an exporter of raw materials. Further, Canada is a part of a few of the world’s largest and most significant automotive markets because of NAFTA and the free trade agreement of the country with the EU, which will directly impact the production of batteries, thereby stimulating the growth of the battery cyclers market.

Asia Pacific is expected to register the highest CAGR in the battery cyclers market during the forecast period. Based on country, the Asia Pacific battery cyclers market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. In 2022, India is expected to be accounted for the second-largest battery cyclers market share in Asia Pacific.

India has planned to provide US$ 4.6 billion by 2030 in incentives to businesses, which are likely to set up an innovative battery manufacturing facility since it seeks to promote the use of electric vehicles. An increase in electric vehicles is growing in India. Electric vehicles give zero tailpipe emissions while lowering air pollution in the environment; as a result, the sales of electric vehicles have increased. For instance, in August 2022, the Ministry of Heavy Industries signed contracts with Ola Electric, Reliance New Energy Ltd, and Rajesh Exports under the Production-Linked Incentive (PLI) Scheme for advanced cell chemistry (ACC) battery manufacturing. This will boost the production of batteries, which will encourage the manufacturers of battery cyclers to test their lifecycle and other aspects. Further, India is a hub for large consumer electronics manufacturing units, which is boosting the production of different electronic components, such as batteries. With the growing manufacturing of batteries, the growth of battery cyclers will rise.

BioLogic Sciences Instruments; Unico, LLC; Bitrode Corporation; Chroma Systems Solutions, Inc; HIOKI E.E. CORPORATION; Arbin Instruments; DIGATRON; PEC; Xiamen Tmax Battery Equipments Limited; and Gamry Instruments are among the leading battery cyclers market players.

The overall battery cyclers market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the battery cyclers market. The process also serves the purpose of obtaining an overview and market forecast of the battery cyclers market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the battery cyclers market.

According to the new research report on "Battery Cyclers Market Forecast to 2028 – COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 298.20 million by 2028; it is expected to register a CAGR of 6.2% from 2022 to 2028.

Several governments of various countries, such as the UK, the US, Germany, and France, are taking initiatives to find innovative ways for battery testing. In 2017, the UK government announced an investment of ~US$ 315 million for supporting the development of new battery technologies over the next four years through Faraday Challenge for battery research. Using this fund, the University of Birmingham is seeking innovative ways to recycle batteries and testing. The US Department of Energy (DoE) has also taken initiatives to support the development of battery cyclers. European Union Batteries Directive, Battery Recycling Regulations (China), GRS Batterien Foundation (Germany), Japan Battery Recycling Centre (JBRC), and NEV are among the key government associations monitoring the testing and recycling of batteries. Such government initiatives aimed at reducing the impact of battery disposal on the environment are expected to boost the battery cyclers market share globally.

Comprehensive standards that are widely implemented are required to ensure the safety of various products delivered by air. The International Air Transport Association (IATA) urged the aerospace, consumer electronics, energy & utilities, healthcare, and every sector that uses batteries to adopt and implement the global standards for screening, testing, and incident information sharing for ensuring the safe transportation of lithium batteries. With a rapid rise in the global demand for lithium batteries, many new shippers are entering air cargo supply chains. IATA is one of the biggest air transportation governing organizations; such regulation levied by the authority has to be strictly followed, which is influencing the growth of the battery testing equipment market, thereby positively impacting the battery cyclers market share globally.

Automotive, aerospace, machinery, and consumer electronics are among the major manufacturing industries in Europe. According to EU, the automotive industry and consumer electronics industry, in each of the European countries, contribute ~7% and ~10%, respectively, to the country’s GDP. Further, the automotive industry in the region is the largest private investor in R&D, and it receives support from governments in the form of R&D funds. Car manufacturers in European countries such as Volkswagen, Volvo, Audi, and BMW are investing in the production of EVs, which will boost the demand for batteries. A battery cycler is a vital instrument for both research and testing of rechargeable batteries. Thus, the above factors are likely to boost the battery cyclers market growth during the forecast period.

Germany is one of the leading producers of vehicles in the world, and several major car manufacturing companies are located in Germany, such as BMW AG, Volkswagen, and Audi. The country’s automotive business is growing, which is boosting the demand for electric vehicles. Germany is forecasted to overtake the US electric vehicle market as it has recorded more than 20,000 car buyers of electric vehicles. Such massive adoption of electric cars is projected to continue during the forecast period, which would further create demand for battery-powered devices in electric cars. Additionally, Germany’s economy and climate ministry has approved a grant of US$ 173.05 million for Northvolt, a Swedish battery manufacturer, which is planning to set up a large battery cell production facility in northern Germany. The company signed a memorandum of understanding in March 2022 with the state of Schleswig-Holstein and the region of Heide for the development of the planned 60-gigawatt-hour (GWh) lithium-ion battery plant. Such developments will play a positive role in influencing battery cyclers market growth.

The battery cyclers market size is segmented into channel, battery type, and end user. Based on channel, the battery cyclers market is segmented into 16, 8, and 4. Based on battery type, the battery cyclers market is categorized into lead acid, nickel-cadmium (NiCd) batteries, nickel-metal (NiMh) batteries, and lithium-ion (Li-Ion) batteries. Based on end user, the battery cyclers market is segmented into aerospace, energy & power, automotive, consumer electronics, and others.

Key Findings of Study

North America accounted for the second largest battery cyclers market share in the North America region in 2021. The rising investment in product development in the sectors such as automotive, consumer electronics, and aerospace is driving the demand for battery cyclers. For instance, the rising demand for electric vehicles and thin batteries for consumer electronic devices is influencing the growth of the battery cyclers market size in the region.

Moreover, the huge presence of battery cyclers manufacturers is contributing to the growth of the Europe battery cyclers market. A few of the major players operating in the region include BioLogic Sciences Instruments, DIGATRON, PEC, etc. Further, the growing automotive industry in Europe is increasing the demand for battery cyclers across the region. Due to the rising demand for EVs, European car manufacturers have increased their production, which is driving the demand for batteries. Thus, all these factors are expected to boost the battery cyclers market size during the forecast period.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Battery Cyclers Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Battery Cyclers Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Production and Use of Electric Vehicles

5.1.2 Government Initiatives for Development of Efficient Battery Cyclers

5.2 Market Restraints

5.2.1 Limited Reliability of Battery Testing

5.3 Market Opportunities

5.3.1 Technological Advancements in Battery Cyclers

5.4 Trends

5.4.1 Increasing Adoption of Battery Cyclers in Healthcare Sector

5.5 Impact Analysis of Drivers and Restraints

6. Battery Cyclers Market – Global Analysis

6.1 Global Battery Cyclers Market Overview

6.2 Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning – Five Key Players

7. Battery Cyclers Market Revenue and Forecast to 2028 – Channel Type

7.1 Overview

7.2 Battery Cyclers Market, By Channel Type (2021 And 2028)

7.3

7.3.1 Overview

7.3.2: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

7.4 8

7.4.1 8: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

7.5 4

7.5.1 4: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

8. Battery Cyclers Market Revenue and Forecast to 2028 – Battery Type

8.1 Overview

8.2 Battery Cyclers Market, By Battery Type (2021 And 2028)

8.3 Lead Acid

8.3.1 Overview

8.3.2 Lead Acid: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

8.4 Nickel Cadmium (NiCd) Batteries

8.4.1 Overview

8.4.2 Nickel Cadmium (NiCd) Batteries: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

8.5 Nickel -Metal Hydride (NiMh) Batteries

8.5.1 Overview

8.5.2 Nickel -Metal Hydride (NiMh) Batteries: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

8.6 Lithium-Ion (Li-Ion) Batteries

8.6.1 Overview

8.6.2 Lithium-Ion (Li-Ion) Batteries: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

9. Battery Cyclers Market Revenue and Forecast to 2028 – End User

9.1 Overview

9.2 Battery Cyclers Market, By End User (2021 And 2028)

9.3 Aerospace

9.3.1 Overview

9.3.2 Aerospace: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

9.4 Energy & Power

9.4.1 Overview

9.4.2 Energy & Power: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

9.5 Automotive

9.5.1 Overview

9.5.2 Automotive: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

9.6 Consumer Electronics

9.6.1 Overview

9.6.2 Consumer Electronics: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

9.7 Others

9.7.1 Overview

9.7.2 Others: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)

10. Battery Cyclers Market – Geographic Analysis

10.1 Overview

10.2 North America: Battery Cyclers Market

10.2.1 North America: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.2.2 North America: Battery Cyclers Market, By Channel Type

10.2.3 North America: Battery Cyclers Market, By Battery Type

10.2.4 North America: Battery Cyclers Market, By End-User

10.2.5 North America: Battery Cyclers Market, By Country

10.2.5.1 US: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.1.1 US: Battery Cyclers Market, By Channel Type

10.2.5.1.2 US: Battery Cyclers Market, By Battery Type

10.2.5.1.3 US: Battery Cyclers Market, By End-User

10.2.5.2 Canada: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.2.1 Canada: Battery Cyclers Market, By Channel Type

10.2.5.2.2 Canada: Battery Cyclers Market, By Battery Type

10.2.5.2.3 Canada: Battery Cyclers Market, By End-User

10.2.5.3 Mexico: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.3.1 Mexico: Battery Cyclers Market, By Channel Type

10.2.5.3.2 Mexico: Battery Cyclers Market, By Battery Type

10.2.5.3.3 Mexico: Battery Cyclers Market, By End-User

10.3 Europe: Battery Cyclers Market

10.3.1 Europe: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.3.2 Europe: Battery Cyclers Market, By Channel Type

10.3.3 Europe: Battery Cyclers Market, By Battery Type

10.3.4 Europe: Battery Cyclers Market, By End-User

10.3.5 Europe: Battery Cyclers Market, By Country

10.3.5.1 Germany: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.1.1 Germany: Battery Cyclers Market, By Channel Type

10.3.5.1.2 Germany: Battery Cyclers Market, By Battery Type

10.3.5.1.3 Germany: Battery Cyclers Market, By End-User

10.3.5.2 France: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.2.1 France: Battery Cyclers Market, By Channel Type

10.3.5.2.2 France: Battery Cyclers Market, By Battery Type

10.3.5.2.3 France: Battery Cyclers Market, By End-User

10.3.5.3 Italy: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.3.1 Italy: Battery Cyclers Market, By Channel Type

10.3.5.3.2 Italy: Battery Cyclers Market, By Battery Type

10.3.5.3.3 Italy: Battery Cyclers Market, By End-User

10.3.5.4 UK: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.4.1 UK: Battery Cyclers Market, By Channel Type

10.3.5.4.2 UK: Battery Cyclers Market, By Battery Type

10.3.5.4.3 UK: Battery Cyclers Market, By End-User

10.3.5.5 Russia: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.5.1 Russia: Battery Cyclers Market, By Channel Type

10.3.5.5.2 Russia: Battery Cyclers Market, By Battery Type

10.3.5.5.3 Russia: Battery Cyclers Market, By End-User

10.3.5.6 Rest of Europe: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.6.1 Rest of Europe: Battery Cyclers Market, By Channel Type

10.3.5.6.2 Rest of Europe: Battery Cyclers Market, By Battery Type

10.3.5.6.3 Rest of Europe: Battery Cyclers Market, By End-User

10.4 APAC: Battery Cyclers Market

10.4.1 APAC: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.4.2 APAC: Battery Cyclers Market, By Channel Type

10.4.3 APAC: Battery Cyclers Market, By Battery Type

10.4.4 APAC: Battery Cyclers Market, By End-User

10.4.5 APAC: Battery Cyclers Market, By Country

10.4.5.1 China: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.1.1 China: Battery Cyclers Market, By Channel Type

10.4.5.1.2 China: Battery Cyclers Market, By Battery Type

10.4.5.1.3 China: Battery Cyclers Market, By End-User

10.4.5.2 India: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.2.1 India: Battery Cyclers Market, By Channel Type

10.4.5.2.2 India: Battery Cyclers Market, By Battery Type

10.4.5.2.3 India: Battery Cyclers Market, By End-User

10.4.5.3 Japan: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.3.1 Japan: Battery Cyclers Market, By Channel Type

10.4.5.3.2 Japan: Battery Cyclers Market, By Battery Type

10.4.5.3.3 Japan: Battery Cyclers Market, By End-User

10.4.5.4 South Korea: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.4.1 South Korea: Battery Cyclers Market, By Channel Type

10.4.5.4.2 South Korea: Battery Cyclers Market, By Battery Type

10.4.5.4.3 South Korea: Battery Cyclers Market, By End-User

10.4.5.5 Australia: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.5.1 Australia: Battery Cyclers Market, By Channel Type

10.4.5.5.2 Australia: Battery Cyclers Market, By Battery Type

10.4.5.5.3 Australia: Battery Cyclers Market, By End-User

10.4.5.6 Rest of APAC: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.6.1 Rest of APAC: Battery Cyclers Market, By Channel Type

10.4.5.6.2 Rest of APAC: Battery Cyclers Market, By Battery Type

10.4.5.6.3 Rest of APAC: Battery Cyclers Market, By End-User

10.5 MEA: Battery Cyclers Market

10.5.1 MEA: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.5.2 MEA: Battery Cyclers Market, By Channel Type

10.5.3 MEA: Battery Cyclers Market, By Battery Type

10.5.4 MEA: Battery Cyclers Market, By End-User

10.5.5 MEA: Battery Cyclers Market, By Country

10.5.5.1 South Africa: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.1.1 South Africa: Battery Cyclers Market, By Channel Type

10.5.5.1.2 South Africa: Battery Cyclers Market, By Battery Type

10.5.5.1.3 South Africa: Battery Cyclers Market, By End-User

10.5.5.2 Saudi Arabia: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.2.1 Saudi Arabia: Battery Cyclers Market, By Channel Type

10.5.5.2.2 Saudi Arabia: Battery Cyclers Market, By Battery Type

10.5.5.2.3 Saudi Arabia: Battery Cyclers Market, By End-User

10.5.5.3 UAE: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.3.1 UAE: Battery Cyclers Market, By Channel Type

10.5.5.3.2 UAE: Battery Cyclers Market, By Battery Type

10.5.5.3.3 UAE: Battery Cyclers Market, By End-User

10.5.5.4 Rest of MEA: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.4.1 Rest of MEA: Battery Cyclers Market, By Channel Type

10.5.5.4.2 Rest of MEA: Battery Cyclers Market, By Battery Type

10.5.5.4.3 Rest of MEA: Battery Cyclers Market, By End-User

10.6 SAM: Battery Cyclers Market

10.6.1 SAM: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.6.2 SAM: Battery Cyclers Market, By Channel Type

10.6.3 SAM: Battery Cyclers Market, By Battery Type

10.6.4 SAM: Battery Cyclers Market, By End-User

10.6.4.1 SAM: Battery Cyclers Market, By Country

10.6.4.2 Brazil: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.6.4.2.1 Brazil: Battery Cyclers Market, By Channel Type

10.6.4.2.2 Brazil: Battery Cyclers Market, By Battery Type

10.6.4.2.3 Brazil: Battery Cyclers Market, By End-User

10.6.4.3 Argentina: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.6.4.3.1 Argentina: Battery Cyclers Market, By Channel Type

10.6.4.3.2 Argentina: Battery Cyclers Market, By Battery Type

10.6.4.3.3 Argentina: Battery Cyclers Market, By End-User

10.6.4.4 Rest of SAM: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

10.6.4.4.1 Rest of SAM: Battery Cyclers Market, By Channel Type

10.6.4.4.2 Rest of SAM: Battery Cyclers Market, By Battery Type

10.6.4.4.3 Rest of SAM: Battery Cyclers Market, By End-User

11. Battery Cyclers Market- COVID-19 Impact Analysis

11.1 Overview

11.2 North America

11.3 Europe

11.4 Asia Pacific

11.5 Middle East and Africa

11.6 South America

12. Battery Cyclers Market-Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Launch

13. Company Profiles

13.1 BioLogic Sciences Instruments

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Unico, LLC

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Bitrode Corporation

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Chroma Systems Solutions, Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Arbin Instruments

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 DIGATRON

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 PEC

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Xiamen Tmax Battery Equipments Limited

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 HIOKI E.E. CORPORATION

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Gamry Instruments

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1. Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. North America Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 3. North America Battery Cyclers Market, By Battery Type – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 5. US Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 6. US Battery Cyclers Market, By Battery Type – Revenue and Forecast to 2028 (US$ Million)

Table 7. US Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada Battery Cyclers Market, By Battery Type – Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 12. Mexico Battery Cyclers Market, By Battery Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Mexico Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 14. Europe Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 15. Europe Battery Cyclers Market, By Battery Type – Revenue and Forecast to 2028 (US$ Million)

Table 16. Europe Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 17. Germany Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 18. Germany Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 19. Germany Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 20. France Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 21. France Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 22. France Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 23. Italy Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 24. Italy Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 25. Italy Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 26. UK Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 27. UK Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 28. UK Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 29. Russia Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 30. Russia Battery Cyclers Market, By Battery Type – Revenue and Forecast to 2028 (US$ Million)

Table 31. Russia Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 32. Rest of Europe Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 33. Rest of Europe Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 34. Rest of Europe Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 35. APAC Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 36. APAC Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 37. APAC Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 38. China Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 39. China Battery Cyclers Market, By Battery Type – Revenue and Forecast to 2028 (US$ Million)

Table 40. China Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 41. India Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 42. India Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 43. India Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 44. Japan Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 45. Japan Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 46. Japan Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 47. South Korea Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 48. South Korea Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 49. South Korea Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 50. Australia Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 51. Australia Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 52. Australia Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 53. Rest of APAC Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 54. Rest of APAC Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 55. Rest of APAC Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 56. MEA Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 57. MEA Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 58. MEA Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 59. South Africa Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 60. South Africa Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 61. South Africa Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 62. Saudi Arabia Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 63. Saudi Arabia Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 64. Saudi Arabia Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 65. UAE Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 66. UAE Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 67. UAE Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 68. Rest of MEA Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 69. Rest of MEA Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 70. Rest of MEA Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 71. SAM Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 72. SAM Battery Cyclers Market, By Battery Type – Revenue and Forecast to 2028 (US$ Million)

Table 73. SAM Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 74. Brazil Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 75. Brazil Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 76. Brazil Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 77. Argentina Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 78. Argentina Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 79. Argentina Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 80. Rest of SAM Battery Cyclers Market, By Channel Type– Revenue and Forecast to 2028 (US$ Million)

Table 81. Rest of SAM Battery Cyclers Market, By Battery Type– Revenue and Forecast to 2028 (US$ Million)

Table 82. Rest of SAM Battery Cyclers Market, By End-User – Revenue and Forecast to 2028 (US$ Million)

Table 83. List of Abbreviation

LIST OF FIGURES.

Figure 1. Battery Cyclers Market Segmentation

Figure 2. Battery Cyclers Market Segmentation – By Geography

Figure 3. Global Battery Cyclers Market Overview

Figure 4. 8 Contributed the Largest Market Share in 2021

Figure 5. Lithium-Ion Batteries Held the Largest Market Share in 2021

Figure 6. Consumer Electronics Segment Held the Largest Market Share in 2021

Figure 7. APAC to Show Great Traction During Forecast Period from 2022 to 2028

Figure 8. North America: PEST Analysis

Figure 9. Europe: PEST Analysis

Figure 10. APAC: PEST Analysis

Figure 11. MEA: PEST Analysis

Figure 12. SAM: PEST Analysis

Figure 13. Battery Cyclers Market – Ecosystem Analysis

Figure 14. Expert Opinion

Figure 15. Battery Cyclers Market: Impact Analysis of Drivers and Restraints

Figure 16. Geographic Overview of Battery Cyclers Market

Figure 17. Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Market Positioning – Five Key Players

Figure 19. Battery Cyclers Market, By Channel Type (2021 and 2028)

Figure 20.: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. 8: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. 4: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. Battery Cyclers Market, By Battery Type (2021 and 2028)

Figure 24. Lead Acid: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. Nickel Cadmium (NiCd) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. Nickel -Metal (NiMh) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 27. Lithium-Ion (Li-Ion) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 28. Battery Cyclers Market, By End User (2021 and 2028)

Figure 29. Aerospace: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 30. Energy & Power: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 31. Automotive: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 32. Consumer Electronics: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 33. Others: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)

Figure 34. Global Battery Cyclers Market Revenue Share, By Region (2021 and 2028)

Figure 35. North America: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. North America Battery Cyclers Market Revenue Share, By Channel Type (2021 and 2028)

Figure 37. North America Battery Cyclers Market Revenue Share, By Battery Type (2021 and 2028)

Figure 38. North America Battery Cyclers Market Revenue Share, By End-User (2021 and 2028)

Figure 39. North America Battery Cyclers Market Revenue Share, By Country (2021 and 2028)

Figure 40. US: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. Canada: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42. Mexico: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43. Europe: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 44. Europe: Battery Cyclers Market Revenue Share, By Channel Type (2021 and 2028)

Figure 45. Europe: Battery Cyclers Market Revenue Share, By Battery Type (2021 and 2028)

Figure 46. Europe: Battery Cyclers Market Revenue Share, By End-User (2021 and 2028)

Figure 47. Europe: Battery Cyclers Market Revenue Share, By Country (2021 and 2028)

Figure 48. Germany: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49. France: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50. Italy: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51. UK: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 52. Russia: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 53. Rest of Europe: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 54. APAC: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 55. APAC: Battery Cyclers Market Revenue Share, By Channel Type (2021 and 2028)

Figure 56. APAC: Battery Cyclers Market Revenue Share, By Battery Type (2021 and 2028)

Figure 57. APAC: Battery Cyclers Market Revenue Share, By End-User (2021 and 2028)

Figure 58. APAC: Battery Cyclers Market Revenue Share, By Country (2021 and 2028)

Figure 59. China: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60. India: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 61. Japan: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 62. South Korea: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 63. Australia: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 64. Rest of APAC: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 65. MEA: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 66. MEA: Battery Cyclers Market Revenue Share, By Channel Type (2021 and 2028)

Figure 67. MEA: Battery Cyclers Market Revenue Share, By Battery Type (2021 and 2028)

Figure 68. MEA: Battery Cyclers Market Revenue Share, By End-User (2021 and 2028)

Figure 69. MEA: Battery Cyclers Market Revenue Share, By Country (2021 and 2028)

Figure 70. South Africa: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 71. Saudi Arabia: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 72. UAE: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 73. Rest of MEA: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 74. SAM: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 75. SAM: Battery Cyclers Market Revenue Share, By Channel Type (2021 and 2028)

Figure 76. SAM: Battery Cyclers Market Revenue Share, By Battery Type (2021 and 2028)

Figure 77. SAM: Battery Cyclers Market Revenue Share, By End-User (2021 and 2028)

Figure 78. SAM: Battery Cyclers Market Revenue Share, By Country (2021 and 2028)

Figure 79. Brazil: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 80. Argentina: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 81. Rest of SAM: Battery Cyclers Market – Revenue and Forecast to 2028 (US$ Million)

Figure 82. Impact of COVID-19 Pandemic on Market in North American Country

Figure 83. Impact of COVID-19 Pandemic on Market in European Country

Figure 84. Impact of COVID-19 Pandemic on Market in Asia Pacific Country

Figure 85. Impact of COVID-19 Pandemic on Market in Middle East and Africa Country

Figure 86. Impact of COVID-19 Pandemic on Market in South America Country

The List of Companies - Battery Cyclers Market

1. BioLogic Sciences Instruments

2. Unico, LLC

3. Bitrode Corporation

4. Chroma Systems Solutions, Inc

5. HIOKI E.E. CORPORATION

6. Arbin Instruments

7. DIGATRON

8. PEC

9. Xiamen Tmax Battery Equipments Limited

10. Gamry Instruments

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global battery cyclers market.

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the global battery cyclers market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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