South America Battery Testing Equipment Market Forecast to 2027 - 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)

Code: TIPRE00020972 | Pages: 94 | Industry: Electronics and Semiconductor | Date: Apr 2021
Covid

Market Introduction

The SAM region is witnessing a constant rise in the adoption of advanced technologies such as smartphones, laptops, smart TVs, and smart wearable systems that are embedded with different type of batteries. With increasing demand for above-mentioned products, the battery testing procedure becomes crucial for enhancing the battery life, which, in turn fuels the adoption of battery testing equipment. Similarly, automotive is one of the booming industries in a few of the SAM countries as various international automobile manufacturers are operating in SAM; thereby, creating a substantial demand for batteries. Countries such as Brazil leads the battery testing equipment market in SAM owing to the presence of robust automotive and consumer electronics industries as well as renewable plants. Moreover, the region attracts a huge amount of foreign direct investments (FDIs), which facilitates infrastructural development. Factors such as favourable government support, energy transition, low price of oil & gas are some of the major factors propelling the growth of the oil & gas industry in SAM. Pertaining to the fact that Brazil and Venezuela dominate the region in oil production activities, the renewable energy sector is booming. As batteries are the vital power systems among oil & gas industry, the scope of using battery testing equipment is projected to grow in the regional oil & gas industry.

Furthermore, in case of COVID-19, SAM is highly affected, specially Brazil. The COVID-19 pandemic has shaken several industries. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries in various SAM countries. The lockdown imposition has resulted in lesser production of commodities, goods, and services. Manufacturing, automotive, semiconductor and electronics, oil & gas, mining, aviation, and other industries have witnessed a decline in their operations due to the temporary shutdown of activities. The battery testing equipment market players also experienced a slowdown in the volumes because the manufacturing facilities were operating with a limited workforce. This has had a negative impact on the SAM market. The government of countries such as Brazil has taken an array of actions to protect their citizens and contain COVID-19’s spread. As the region is known for aerospace, automotive, healthcare, these industries experienced a downfall in their regular activities. This has harmed the GPD of the region as well. Moreover, as mentioned industries are battery testing equipment users, their use has declined because of limited business operations, unavailability of the workforce, and traveling restrictions during the lockdown.  


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Market Overview and Dynamics

The SAM battery testing equipment market is expected to grow from US$ 58.83 million in 2019 to US$ 80.80 million by 2027; it is estimated to grow at a CAGR of 4.1 % from 2020 to 2027.  Upsurge in the defense expenditure is expected to accelerate the SAM battery testing equipment market. The rising defense expenditure across SAM region has led to increase in the adoption of battery testing equipment in the military sector. The increasing defense expenditure supports the growth of the SAM battery testing equipment market in SAM region. Moreover, increasing development of advanced battery systems for commercial and military aircraft and rising adoption of electric aircraft technology in commercial aircraft are further expected to bolster the SAM market growth. Various aircraft battery manufacturers are developing advanced battery systems that can assist in reducing emissions. Thus, the growing adoption of batteries by the aerospace and military sectors is expected to increase the demand for battery testing equipment across SAM region, thereby driving the SAM battery testing equipment market.

Key Market Segments

In terms of product type, the stationary battery testing equipment segment accounted for the largest share of the SAM battery testing equipment market in 2019. In terms of application, the cell testing segment held a larger market share of the SAM battery testing equipment market in 2019. Further, the electronics and semiconductor segment held a larger share of the SAM battery testing equipment market based on end-user in 2019.   

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the SAM battery testing equipment market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Arbin Instruments; CHAUVIN ARNOUX; Chroma Systems Solutions, Inc.; DV POWER; Megger Group Limited.

Reasons to buy report

  • To understand the SAM battery testing equipment market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM battery testing equipment market 
  • Efficiently plan M&A and partnership deals SAM battery testing equipment market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM battery testing equipment market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in SAM region.

 SAM Battery Testing Equipment Market Segmentation

 SAM Battery Testing Equipment Market - By Product Type

  • Portable Battery Testing Equipment
  • Stationary Battery Testing Equipment

SAM Battery Testing Equipment Market - By Application

  • Module Testing
  • Cell Testing
  • Pack Testing

SAM Battery Testing Equipment Market - By End-User

  • Automotive
  • Electronics and Semiconductor
  • Telecom
  • Healthcare
  • Energy and Utility
  • Others

SAM Battery Testing Equipment Market - By Country

  • Brazil
  • Argentina
  • Rest of SAM

SAM Battery Testing Equipment Market - Company Profiles

  • Arbin Instruments
  • CHAUVIN ARNOUX
  • Chroma Systems Solutions, Inc.  
  • DV POWER
  • Megger Group 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.           SAM Battery Testing Equipment Market Landscape

4.1         Market Overview

4.2         SAM PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           SAM Battery Testing Equipment Market –Market Dynamics

5.1         Market Drivers

5.1.1        Mounting Demand for Transportation

5.1.2        Upsurge in the Defense Expenditure

5.2         Market Restraints

5.2.1        Expensive Development and Maintenance of Battery Testing Equipment

5.3         Market Opportunities

5.3.1        Growing Adoption of Battery Testing Equipment in Healthcare

5.4         Future Trends

5.4.1        Escalation in Animatronics and Robotics

5.4.2        Growth in the Adoption of UAVs by Military

5.5         Impact Analysis of Drivers and Restraints

6.           Battery Testing Equipment Market – SAM Analysis

6.1         SAM Battery Testing Equipment Market Overview

6.2         SAM Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

7.           SAM Battery Testing Equipment Market – By Product Type

7.1         Overview

7.2         SAM Battery Testing Equipment Market, by Product Type (2019 and 2027)

7.3         Portable Battery Testing Equipment

7.3.1        Overview

7.3.2        Portable Battery Testing Equipment: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

7.4         Stationary Battery Testing Equipment

7.4.1        Overview

7.4.2        Stationary Battery Testing Equipment: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

8.           SAM Battery Testing Equipment Market Analysis –  By Application

8.1         Overview

8.2         SAM Battery Testing Equipment Market, By Application (2019 and 2027)

8.3         Module Testing

8.3.1        Overview

8.3.2        Module testing: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Cell Testing

8.4.1        Overview

8.4.2        Cell testing: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

8.5         Pack Testing

8.5.1        Overview

8.5.2        Pack Testing: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

9.           SAM Battery Testing Equipment Market Analysis – By End-User

9.1         Overview

9.2         SAM Battery Testing Equipment Market, By End-User (2019 and 2027)

9.3         Automotive

9.3.1        Overview

9.3.2        Automotive: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

9.4         Electronics and Semiconductor

9.4.1        Overview

9.4.2        Electronics and Semiconductor: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

9.5         Telecom

9.5.1        Overview

9.5.2        Telecom: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

9.6         Healthcare

9.6.1        Overview

9.6.2        Healthcare: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

9.7         Energy and Utility

9.7.1        Overview

9.7.2        Energy and Utility: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

9.8         Others

9.8.1        Overview

9.8.2        Others: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

10.        SAM Battery Testing Equipment Market – Country Analysis

10.1      Overview

10.1.1     SAM: Battery Testing Equipment Market, By Country

10.1.1.1       Brazil: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1       Brazil: Battery Testing Equipment Market, By Product Type

10.1.1.1.2       Brazil: Battery Testing Equipment Market, By Application

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

10.1.1.2       Argentina: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1       Argentina: Battery Testing Equipment Market, By Product Type

10.1.1.2.2       Argentina: Battery Testing Equipment Market, By Application

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

10.1.1.3       Rest of SAM: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1       Rest of SAM: Battery Testing Equipment Market, By Product Type

10.1.1.3.2       Rest of SAM: Battery Testing Equipment Market, By Application

10.1.1.3.3       Rest of SAM: Battery Testing Equipment Market, By End-User

11.        Impact of COVID-19 Pandemic

11.1      SAM: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      New Product Development

13.        Company Profiles

13.1      Arbin 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      CHAUVIN ARNOUX

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      Chroma Systems Solutions, Inc.

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      DV POWER

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      Megger Group Limited

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

14.        Appendix

14.1      About the Insight Partners

14.2      Word Index

LIST OF TABLES

Table 1.             SAM Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             Brazil Battery Testing Equipment Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)

Table 3.             Brazil Battery Testing Equipment Market, By Application– Revenue and Forecast to 2027 (US$ Million)

Table 4.             Brazil Battery Testing Equipment Market, By End-User – Revenue and Forecast to 2027 (US$ Million)

Table 5.             Argentina Battery Testing Equipment Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)

Table 6.             Argentina Battery Testing Equipment Market, By Application– Revenue and Forecast to 2027 (US$ Million)

Table 7.             Argentina Battery Testing Equipment Market, By End-User – Revenue and Forecast to 2027 (US$ Million)

Table 8.             Rest of SAM Battery Testing Equipment Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)

Table 9.             Rest of SAM Battery Testing Equipment Market, By Application– Revenue and Forecast to 2027 (US$ Million)

Table 10.          Rest of SAM Battery Testing Equipment Market, By End-User – Revenue and Forecast to 2027 (US$ Million)

Table 11.          List of Abbreviation

LIST OF FIGURES

Figure 1.           SAM Battery Testing Equipment Market Segmentation

Figure 2.           SAM Battery Testing Equipment Market Segmentation – By Country

Figure 3.           SAM 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 2019

Figure 6.           Electronics and Semiconductor Segment Held the Largest Share in 2019

Figure 7.           Brazil Held the Largest Share in 2019

Figure 8.           SAM: PEST Analysis

Figure 9.           SAM Battery Testing Equipment Market– Ecosystem Analysis

Figure 10.        Expert Opinion

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

Figure 12.        SAM Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        SAM Battery Testing Equipment Market Revenue Share, by Product Type (2019 and 2027)

Figure 14.        SAM Portable Battery Testing Equipment: Battery Testing Equipment Market – Revenue and Forecast to 2027(US$ Million)

Figure 15.        SAM Stationary Battery Testing Equipment: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16.        SAM Battery Testing Equipment Market Revenue Share, by Application (2019 and 2027)

Figure 17.        SAM Module Testing: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        SAM Cell Testing: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        SAM Pack Testing: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        SAM Battery Testing Equipment Market Revenue Share, by End-User (2019 and 2027)

Figure 21.        SAM Automotive: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        SAM Electronics and Semiconductor: Battery Testing Equipment Market – Revenue and Forecast to 2027(US$ Million)

Figure 23.        SAM Telecom: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        SAM Healthcare: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        SAM Energy and Utility: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        SAM Others: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27.        SAM: Battery Testing Equipment Market, by Key Country – Revenue (2019) (USD Million)

Figure 28.        SAM: Battery Testing Equipment Market Revenue Share, By Country (2019 and 2027)

Figure 29.        Brazil: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30.        Argentina: Battery Testing Equipment Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31.        Rest of SAM: Battery Testing Equipment Market – Revenue and Forecast to 2027(US$ Million)

Figure 32.        Impact of COVID-19 Pandemic in SAM Country Markets

 

  1. Arbin Instruments
  2. CHAUVIN ARNOUX
  3. Chroma Systems Solutions, Inc.
  4. DV POWER
  5. Megger Group Limited
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM 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 SAM 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 SAM 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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