North America Battery Testing Equipment Market Forecast to 2028

North America Battery Testing Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Portable Battery Testing Equipment and Stationary Battery Testing Equipment), Application (Module Testing, Cell Testing, and Pack Testing), and End-User (Automotive, Electronics and Semiconductor, Telecom, Healthcare, Energy and Utility, and Others)

Report Code : TIPRE00020971 | Region : North America | Industry : Electronics and Semiconductor | Published Date : 06/Jul/2022

The battery testing equipment market in North America is expected to grow from US$ 129.12 million in 2021 to US$ 175.17 million by 2028; it is estimated to register a CAGR of 4.5% from 2021 to 2028.

The surge in defense expenditure in developed countries has resulted in increased adoption of battery testing equipment in the military sector. Countries with high GDPs, such as the US, are vigorously working on large-scale industrialization and infrastructure developments. Moreover, as per Stockholm International Peace Research Institute (SIPRI), the US defense expenditure increased by 5.3% in 2020 to register US$ 732 billion. The increasing defense expenditure supports the market growth in North American countries. Moreover, the growing development of advanced battery systems for commercial and military aircraft and the increasing adoption of electric aircraft technology in commercial aircraft are likely to bolster the battery testing equipment market growth. Thus, the rising adoption of batteries by the aerospace & military sectors is expected to increase the demand for battery testing equipment.

North America Battery Testing Equipment Market Revenue and Forecast to 2028 (US$ Million)

North America Battery Testing Equipment Market Segmentation

The North America battery testing equipment market is segmented into product type, application, end-user, and country. Based on product type, the market is divided into portable battery testing equipment and stationary battery testing equipment. In 2020, the stationary battery testing equipment segment held a larger market share. Based on application, the market is categorized into module testing, cell testing, and pack testing. In 2020, the cell testing segment held the largest market share. Based on end-user, the North America battery testing equipment market is segmented into automotive, electronics and semiconductor, telecom, healthcare, energy and utility, and others. In 2020, the electronics and semiconductor segment held the largest share in the market. Similarly, based on country, the market is categorized into the US, Canada, and Mexico. The US contributed a substantial share in 2020.

Ametek Scientific Instruments; Arbin Instruments; Biologic; Bitrode Corporation; Chroma Systems Solutions, Inc; Digatron Power Electronics GmbH; EA Elektro-Automatik; HEiNZINGER; HORIBA FuelCon GmbH; KEYSIGHT TECHNOLOGIES, INC.; Maccor Inc.; NH Research, Inc; PEC; Unico, LLC; and Webasto Group are among the leading companies operating in the North America battery testing equipment market.

Stationary Battery Testing Equipment Segment to Dominate North America Battery Testing Equipment Market during 2019–2028

According to a new market research study on “North America Battery Testing Equipment Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product Type, Application, and End-User, ” is expected to reach US$ 175.17 million by 2028 from US$ 129.12 million in 2021. The market is estimated to grow at a CAGR of 4.5% from 2021 to 2028. Increase in defense expenditure in developed countries is the major factor driving the growth of the North America battery testing equipment market . However, high cost of development and maintenance of battery testing equipment may hinder the growth of North America battery testing equipment market . The report provides trends prevailing in the North America battery testing equipment market along with the drivers and restraints pertaining to the market growth.

The North America battery testing equipment market is segmented into product type, application, end-user, and country. Based on product type, the market is divided into portable battery testing equipment and stationary battery testing equipment. In 2020, the stationary battery testing equipment segment held a larger market share. Based on application, the market is categorized into module testing, cell testing, and pack testing. In 2020, the cell testing segment held the largest market share. Based on end-user, the North America battery testing equipment market is segmented into automotive, electronics and semiconductor, telecom, healthcare, energy and utility, and others. In 2020, the electronics and semiconductor segment held the largest share in the market. Similarly, based on country, the market is categorized into the US, Canada, and Mexico. The US contributed a substantial share in 2020.

Ametek Scientific Instruments; Arbin Instruments; Biologic; Bitrode Corporation; Chroma Systems Solutions, Inc; Digatron Power Electronics GmbH; EA Elektro-Automatik; HEiNZINGER; HORIBA FuelCon GmbH; KEYSIGHT TECHNOLOGIES, INC.; Maccor Inc.; NH Research, Inc; PEC; Unico, LLC; and Webasto Group are among the leading companies operating in the North America battery testing equipment market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Chroma launched E-Scooter fast charging testing system in order to help CHAdeMO Association to check electric vehicle charging interface stimulators. In line with the international growth of the EV industry, it is also going to help and define the Protocol Check Sheet for fast charging test standards for two-wheeled EV.

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. North America Battery Testing Equipment Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Battery Testing Equipment Market –Market Dynamics

5.1 Market Drivers

5.1.1 Growing Demand for Transportation

5.1.2 Increase in Defense Expenditure in Developed Countries

5.2 Market Restraints

5.2.1 High Cost of Development and Maintenance of Battery Testing Equipment

5.3 Market Opportunities

5.3.1 Increasing Adoption of Battery Testing Equipment in Healthcare

5.4 Future Trends

5.4.1 Surge in Animatronics and Robotics

5.4.2 UAVs and Urban Air Mobility

5.5 Impact Analysis of Drivers and Restraints

6. Battery Testing Equipment Market – North America Analysis

6.1 North America Battery Testing Equipment Market Overview

6.2 North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7. North America Battery Testing Equipment Market – By Product Type

7.1 Overview

7.2 North America Battery Testing Equipment Market, by Product Type (2020 and 2028)

7.3 Portable Battery Testing Equipment

7.3.1 Overview

7.3.2 Portable Battery Testing Equipment: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Stationary Battery Testing Equipment

7.4.1 Overview

7.4.2 Stationary Battery Testing Equipment: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

8. North America Battery Testing Equipment Market– By Application

8.1 Overview

8.2 North America Battery Testing Equipment Market, By Application (2020 and 2028)

8.3 Module Testing

8.3.1 Overview

8.3.2 Module Testing: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Cell Testing

8.4.1 Overview

8.4.2 Cell Testing: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Pack Testing

8.5.1 Overview

8.5.2 Pack Testing: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9. North America Battery Testing Equipment Market– By End-User

9.1 Overview

9.2 North America Battery Testing Equipment Market, By End-User (2020 and 2028)

9.3 Automotive

9.3.1 Overview

9.3.2 Automotive: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Electronics and Semiconductor

9.4.1 Overview

9.4.2 Electronics and Semiconductor: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Telecom

9.5.1 Overview

9.5.2 Telecom: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Healthcare

9.6.1 Overview

9.6.2 Healthcare: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Energy and Utility

9.7.1 Overview

9.7.2 Energy and Utility: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Others

9.8.1 Overview

9.8.2 Others: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10. North America Battery Testing Equipment Market – Country Analysis

10.1 Overview

10.1.1 North America: Battery Testing Equipment Market, By Country

10.1.1.1 US: Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 US: Battery Testing Equipment Market, By Product Type

10.1.1.1.2 US: Battery Testing Equipment Market, By Application

10.1.1.1.3 US: Battery Testing Equipment Market, By End-User

10.1.1.2 Canada: Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Canada: Battery Testing Equipment Market, By Product Type

10.1.1.2.2 Canada: Battery Testing Equipment Market, By Application

10.1.1.2.3 Canada: Battery Testing Equipment Market, By End-User

10.1.1.3 Mexico: Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Mexico: Battery Testing Equipment Market, By Product Type

10.1.1.3.2 Mexico: Battery Testing Equipment Market, By Application

10.1.1.3.3 Mexico: Battery Testing Equipment Market, By End-User

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Competitive Benchmarking

12. Company Profiles

12.1 Arbin 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 Chroma Systems Solutions, Inc.

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 Ametek Scientific Instruments

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 Biologic

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 Bitrode Corporation

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 Digatron Power Electronics GmbH

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 EA Elektro-Automatik

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 HEiNZINGER

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 HORIBA FuelCon GmbH

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

12.10 KEYSIGHT TECHNOLOGIES, INC.

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

12.11 PEC

12.11.1 Key Facts

12.11.2 Business Description

12.11.3 Products and Services

12.11.4 Financial Overview

12.11.5 SWOT Analysis

12.11.6 Key Developments

12.12 Webasto Group

12.12.1 Key Facts

12.12.2 Business Description

12.12.3 Products and Services

12.12.4 Financial Overview

12.12.5 SWOT Analysis

12.12.6 Key Developments

12.13 NH Research, Inc.

12.13.1 Key Facts

12.13.2 Business Description

12.13.3 Products and Services

12.13.4 Financial Overview

12.13.5 SWOT Analysis

12.13.6 Key Developments

12.14 Maccor Inc.

12.14.1 Key Facts

12.14.2 Business Description

12.14.3 Products and Services

12.14.4 Financial Overview

12.14.5 SWOT Analysis

12.14.6 Key Developments

12.15 Unico, LLC

12.15.1 Key Facts

12.15.2 Business Description

12.15.3 Products and Services

12.15.4 Financial Overview

12.15.5 SWOT Analysis

12.15.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             US Battery Testing Equipment Market, By Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 3.             US Battery Testing Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)

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

Table 5.             Canada Battery Testing Equipment Market, By Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada Battery Testing Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)

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

Table 8.             Mexico Battery Testing Equipment Market, By Product Type– Revenue and Forecast to 2028 (US$ Million)

Table 9.             Mexico Battery Testing Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)

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

Table 11.          List of Abbreviation

LIST OF FIGURES.

Figure 1.           North America Battery Testing Equipment Market Segmentation

Figure 2.           North America Battery Testing Equipment Market Segmentation – By Country

Figure 3.           North America Battery Testing Equipment Market Overview

Figure 4.           Stationary Battery Testing Equipment Contributed the Largest Market Share

Figure 5.           Cell Testing Held the Largest Market Share in 2020

Figure 6.           Electronics and Semiconductor Segment Held the Largest Share in 2020

Figure 7.           US Held the Largest Share in 2020

Figure 8.           North America: PEST Analysis

Figure 9.           North America Battery Testing Equipment Market– Ecosystem Analysis

Figure 10.        Expert Opinion

Figure 11.        North America Battery Testing Equipment Market Impact Analysis of Drivers and Restraints

Figure 12.        North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        North America Battery Testing Equipment Market Revenue Share, by Product Type (2020 and 2028)

Figure 14.        Portable Battery Testing Equipment: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Stationary Battery Testing Equipment: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        North America Battery Testing Equipment Market Revenue Share, by Application (2020 and 2028)

Figure 17.        Module Testing: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Cell Testing: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Pack Testing: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America Battery Testing Equipment Market Revenue Share, by End-User (2020 and 2028)

Figure 21.        Automotive: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Electronics and Semiconductor: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Telecom: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Healthcare: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Energy and Utility: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Others: North America Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        North America: Battery Testing Equipment Market, by key Country – Revenue (2020) (US$ Million)

Figure 28.        North America Battery Testing Equipment Market Revenue Share, By Country (2020 and 2028)

Figure 29.        US: Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Canada: Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Mexico: Battery Testing Equipment Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - North America Battery Testing Equipment Market

● Ametek Scientific Instruments

● Arbin Instruments

● Biologic

● Bitrode Corporation

● Chroma Systems Solutions, Inc

● Digatron Power Electronics GmbH

● EA Elektro-Automatik

● HEiNZINGER

● HORIBA FuelCon GmbH

● KEYSIGHT TECHNOLOGIES, INC.

● Maccor Inc.

● NH Research, Inc

● PEC

● Unico, LLC

● Webasto Group

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Battery Testing Equipment 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 North America Battery Testing Equipment 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 North America market trends and outlook coupled with the factors driving the Battery Testing Equipment 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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