Middle East & Africa Battery Cyclers Market Forecast to 2028

Report Code : BMIRE00027583 | Region : LAMEA | Industry : Electronics and Semiconductor | Published Date : 05/Dec/2022
Middle East & Africa Battery Cyclers Market Forecast to 2028 – COVID-19 Impact and Regional 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)

The battery cyclers market in MEA is expected to grow from US$ 29.02 million in 2022 to US$ 38.17 million by 2028. It is estimated to grow at a CAGR of 4.7% from 2022 to 2028.

Technological Advancements in Battery Cyclers

Industries are employing new technologies and using different raw materials to develop new battery cyclers with improved performance and durability. The battery is a significant component in automobiles, consumer electronics, and aerospace and healthcare devices, among others. Most electric vehicles use either a lithium-ion family battery or a lead-acid battery. New developments in battery chemistry are expected to help increase the efficiency of lithium-ion batteries and test systems for these innovative battery packs. Similarly, researchers are integrating advanced battery materials into whole battery systems to develop better lithium-ion batteries for plug-in electric vehicles, alongside applying extensive battery research findings. Many battery manufacturers focus on advanced battery development, system analysis, and testing activities for developing battery cells and modules that result in significantly lower battery cost, longer life, and better performance. Further, research is underway to increase the range of battery cyclers and reduce costs. Various OEMs have started offering electric vehicles with more than 300–350 km range and long battery lives. The researchers focus on conventional lithium-ion, solid-state, advanced lithium-ion batteries using an intermetallic anode (silicon alloy composite), and advanced lithium-ion (lithium metal, including lithium-sulfur and lithium-cobalt) batteries with innovative designs and chemistries. Such rapid developments in battery technologies are expected to bolster the demand for new and advanced battery testing systems/platforms/software, thereby driving the battery cyclers market, in the coming years.

Market Overview

The rapid growth of the automotive & consumer electronics industries in the MEA is attributed to the robust economic growth of the region, strong consumer demand, and high spending potential, especially in Gulf countries. The region is also expected to witness rapid growth in industrialization in the coming years. The growing use of EVs is vital to mitigate greenhouse gas emissions, enhance the air quality in urban centers across the region, and meet the requirements of consumers. The battery manufacturers across the globe are eyeing on recycling the old or existing batteries for the manufacturing of newer batteries, as the existing batteries consists of essential minerals. This strategy helps them to reduce the production cost and deliver the batteries at lower cost to the end users. As the battery production increases, the demand for battery testing equipment is also expected to increase at a decent rate, which is foreseen to boost the battery cyclers market.

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

MEA Battery Cyclers Market Segmentation

The MEA battery cyclers market is segmented into channel type, battery type, end user and country. Based on channel type, the market is segmented into 16, 8, and 4. The 8 segment registered the largest market share in 2022.

Based on battery type, the MEA battery cyclers market is segmented into lead acid, nickel-cadmium batteries, nickel-metal hydride batteries, and lithium-ion batteries. The lithium-ion batteries segment registered the largest market share in 2022. Based on end user, the MEA battery cyclers market is segmented into aerospace, energy and power, automotive, consumer electronics and others. The consumer electronics segment registered the largest market share in 2022. Based on country, the market is segmented into South Africa, Saudi Arabia, UAE, and the Rest of MEA. UAE dominated the market share in 2022.

Arbin Instruments; BioLogic Sciences Instruments; Bitrode Corporation; Chroma Systems Solutions, Inc.; Digatron; Gamry Instruments; Hioki E.E. Corporation; PEC; and Xiamen Tmax Battery Equipments Limited are the leading companies operating in the battery cyclers market in the region.

● Arbin Instruments

● BioLogic Sciences Instruments

● Bitrode Corporation

● Chroma Systems Solutions, Inc.

● Digatron

● Gamry Instruments

● Hioki E.E. Corporation

● PEC

● Xiamen Tmax Battery Equipments Limited

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. MEA Battery Cyclers Market Landscape

4.1 Market Overview

4.2 MEA PEST Analysis

4.2.1 MEA

4.3 Ecosystem Analysis

5. MEA 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 – MEA Analysis

6.1 MEA Battery Cyclers Market Overview

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

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

7.1 Overview

7.2 MEA 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. MEA Battery Cyclers Market Revenue and Forecast to 2028 – Battery Type

8.1 Overview

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

9.1 Overview

9.2 MEA 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. MEA Battery Cyclers Market – Country Analysis

10.1 Overview

10.1.1 MEA: Battery Cyclers Market, By Country

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

10.1.1.1.1 South Africa: Battery Cyclers Market, By Channel Type

10.1.1.1.2 South Africa: Battery Cyclers Market, By Battery Type

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

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

10.1.1.2.1 Saudi Arabia: Battery Cyclers Market, By Channel Type

10.1.1.2.2 Saudi Arabia: Battery Cyclers Market, By Battery Type

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

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

10.1.1.3.1 UAE: Battery Cyclers Market, By Channel Type

10.1.1.3.2 UAE: Battery Cyclers Market, By Battery Type

10.1.1.3.3 UAE: Battery Cyclers Market, By End-User

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

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

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

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

11. MEA Battery Cyclers Market-Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Launch

12. Company Profiles

12.1 BioLogic Sciences Instruments

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Bitrode Corporation

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Chroma Systems Solutions, Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Arbin Instruments

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 DIGATRON

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 PEC

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Xiamen Tmax Battery Equipments Limited

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Hioki E.E. Corporation

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Gamry Instruments

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 14.          List of Abbreviation

● Arbin Instruments

● BioLogic Sciences Instruments

● Bitrode Corporation

● Chroma Systems Solutions, Inc.

● Digatron

● Gamry Instruments

● Hioki E.E. Corporation

● PEC

● Xiamen Tmax Battery Equipments Limited

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA 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 MEA 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 MEA market trends and outlook coupled with the factors driving the battery cyclers 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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