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)
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)
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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.
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)
- 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