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Market Research Report
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1031808

North America Battery Testing Equipment Market Forecast 2021-2028

Published: | Inkwood Research | 113 Pages | Delivery time: 2-3 business days

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North America Battery Testing Equipment Market Forecast 2021-2028
Published: October 11, 2021
Inkwood Research
Content info: 113 Pages
Delivery time: 2-3 business days
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  • Description
  • Table of Contents
Description

KEY FINDINGS

The North America battery testing equipment market is evaluated to grow with a CAGR of 4.22% during the forecasting period of 2021 to 2028. The regional market's growth is primarily ascribed to key aspects, including the increasing disposable incomes and high standards of living, the swift adoption of advanced technologies, and the presence of developed infrastructure.

MARKET INSIGHTS

The North America battery testing equipment market growth evaluation encompasses the assessment of Canada and the United States. Canada is one of the fastest-growing countries across North America in terms of industrialization. Moreover, the nation also harbors a significant number of production plants within its boundaries. As a result, the continually increasing number of manufacturing facilities in Canada over the years is set to facilitate a substantial increase in battery-powered devices.

In addition, Canada also witnesses the imprints of firms providing battery testing equipment. For instance, Transcat offers battery testing equipment, dimensional inspection, as well as accredited calibration and services. Similarly, Megger is engaged in the business of delivering battery testing equipment in Canada. Therefore, these factors are anticipated to supplement the battery testing equipment market growth in North America over the forecast years.

COMPETITIVE INSIGHTS

Some of the top players operating in the market are: Chroma Systems Solutions Inc, Arbin Instruments, Midtronics Inc, etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
Product Code: 40933

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

  • 3.1. KEY DRIVERS
    • 3.1.1. GROWING DEMAND FROM THE BATTERY MARKET
    • 3.1.2. COMPLIANCE WITH VARIOUS BATTERY STANDARDS
  • 3.2. KEY RESTRAINTS
    • 3.2.1. HIGH COST OF BATTERY TESTING EQUIPMENT
    • 3.2.2. TECHNICAL CHALLENGES IN BATTERY TESTING

4. KEY ANALYTICS

  • 4.1. IMPACT OF COVID-19 ON BATTERY TESTING EQUIPMENT MARKET
  • 4.2. KEY MARKET TRENDS
  • 4.3. PORTER'S FIVE FORCES ANALYSIS
    • 4.3.1. BUYERS POWER
    • 4.3.2. SUPPLIERS POWER
    • 4.3.3. SUBSTITUTION
    • 4.3.4. NEW ENTRANTS
    • 4.3.5. INDUSTRY RIVALRY
  • 4.4. OPPORTUNITY MATRIX
  • 4.5. VENDOR LANDSCAPE
  • 4.6. KEY BUYING CRITERIA

5. MARKET BY PRODUCT TYPE

  • 5.1. PORTABLE BATTERY TESTING EQUIPMENT
  • 5.2. STATIONARY BATTERY TESTING EQUIPMENT

6. MARKET BY APPLICATION

  • 6.1. CELL TESTING
  • 6.2. MODULE TESTING
  • 6.3. PACK TESTING

7. MARKET BY END-USER

  • 7.1. AUTOMOTIVE INDUSTRY
  • 7.2. TELECOM INDUSTRY
  • 7.3. BATTERY INDUSTRY
  • 7.4. BATTERY TESTING LABS
  • 7.5. ENERGY SECTOR
  • 7.6. ELECTRONICS & SEMICONDUCTOR INDUSTRY
  • 7.7. OTHER END-USERS

8. GEOGRAPHICAL ANALYSIS

  • 8.1. NORTH AMERICA
    • 8.1.1. MARKET SIZE & ESTIMATES
    • 8.1.2. KEY GROWTH ENABLERS
    • 8.1.3. KEY CHALLENGES
    • 8.1.4. KEY PLAYERS
    • 8.1.5. COUNTRY ANALYSIS
      • 8.1.5.1. UNITED STATES
      • 8.1.5.2. CANADA

9. COMPETITIVE LANDSCAPE

  • 9.1. KEY STRATEGIC DEVELOPMENTS
    • 9.1.1. PRODUCT LAUNCHES & DEVELOPMENTS
    • 9.1.2. PARTNERSHIPS & AGREEMENTS
    • 9.1.3. BUSINESS EXPANSIONS & DIVESTITURES
  • 9.2. COMPANY PROFILES
    • 9.2.1. ARBIN INSTRUMENTS
    • 9.2.2. CENTURY BATTERIES
    • 9.2.3. CHAUVIN ARNOUX
    • 9.2.4. CHROMA SYSTEMS SOLUTIONS INC
    • 9.2.5. DV POWER
    • 9.2.6. EXPONENTIAL POWER
    • 9.2.7. EXTECH INSTRUMENTS
    • 9.2.8. MEGGER GROUP LIMITED
    • 9.2.9. MIDTRONICS INC
    • 9.2.10. XIAMEN TMAX BATTERY EQUIPMENTS LIMITED

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - BATTERY TESTING EQUIPMENT
  • TABLE 2: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 3: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 4: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 5: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 6: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 7: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 8: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 9: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
  • TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS
  • TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

  • FIGURE 1: KEY MARKET TRENDS
  • FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 3: OPPORTUNITY MATRIX
  • FIGURE 4: VENDOR LANDSCAPE
  • FIGURE 5: KEY BUYING CRITERIA
  • FIGURE 6: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020
  • FIGURE 7: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY PORTABLE BATTERY TESTING EQUIPMENT, 2021-2028 (IN $ MILLION)
  • FIGURE 8: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY STATIONARY BATTERY TESTING EQUIPMENT, 2021-2028 (IN $ MILLION)
  • FIGURE 9: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020
  • FIGURE 10: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY CELL TESTING, 2021-2028 (IN $ MILLION)
  • FIGURE 11: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY MODULE TESTING, 2021-2028 (IN $ MILLION)
  • FIGURE 12: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY PACK TESTING, 2021-2028 (IN $ MILLION)
  • FIGURE 13: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020
  • FIGURE 14: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY AUTOMOTIVE INDUSTRY, 2021-2028 (IN $ MILLION)
  • FIGURE 15: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY TELECOM INDUSTRY, 2021-2028 (IN $ MILLION)
  • FIGURE 16: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY BATTERY INDUSTRY, 2021-2028 (IN $ MILLION)
  • FIGURE 17: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY BATTERY TESTING LABS, 2021-2028 (IN $ MILLION)
  • FIGURE 18: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY ENERGY SECTOR, 2021-2028 (IN $ MILLION)
  • FIGURE 19: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY ELECTRONICS & SEMICONDUCTOR INDUSTRY, 2021-2028 (IN $ MILLION)
  • FIGURE 20: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
  • FIGURE 21: NORTH AMERICA BATTERY TESTING EQUIPMENT MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
  • FIGURE 22: UNITED STATES BATTERY TESTING EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 23: CANADA BATTERY TESTING EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)