Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1569836

Cover Image

PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1569836

Battery Cyclers Market Forecasts to 2030 - Global Analysis by Type (Single-Channel Battery Cyclers, Multi-Channel Battery Cyclers, Other Types) Battery Type, Channel Type, Application, End User and By Geography

PUBLISHED:
PAGES: 200+ Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF (Single User License)
USD 4150
PDF (2-5 User License)
USD 5250
PDF & Excel (Site License)
USD 6350
PDF & Excel (Global Site License)
USD 7500

Add to Cart

According to Stratistics MRC, the Global Battery Cyclers Market is accounted for $794 million in 2024 and is expected to reach $2057.7 million by 2030 growing at a CAGR of 17.2% during the forecast period. Battery cyclers are specialized devices used to test and analyze the performance of batteries by simulating charge and discharge cycles. These machines measure key parameters such as capacity, voltage, and efficiency over multiple cycles to assess battery lifespan, stability, and safety. They are essential in the development and quality control of batteries, particularly in applications like electric vehicles, consumer electronics, and renewable energy storage. By providing detailed insights into battery behaviour under various conditions, batteries cyclers help ensure the reliability and performance of battery systems, supporting advancements in energy storage technology.

Market Dynamics:

Driver:

Advancements in Battery Technologies

Advancements in battery technologies, such as improvements in lithium-ion, solid-state, and next-generation batteries, significantly impact the market. As new battery chemistries and designs emerge, battery cyclers must evolve to accommodate different testing requirements, such as higher energy densities, faster charging rates, and enhanced safety features. These advancements drive demand for more sophisticated cyclers capable of handling diverse testing protocols. Thus, it boosts the growth of the market.

Restraint:

Economic Downturns

Economic downturns can significantly impact the market by reducing overall investment in research and development. Budget constraints often force companies to delay or scale back on purchasing new battery cyclers, affecting market growth. Additionally, reduced consumer spending can lead to lower sales of consumer electronics, which in turn decreases the demand for battery testing. Thus, it hinders the growth of the market.

Opportunity:

Demand for Consumer Electronics

The surging demand for consumer electronics, such as smartphones, tablets, and laptops, significantly impacts the market. As these devices proliferate, the need for efficient, long-lasting batteries increases, demand for battery testing solutions. Battery cyclers are essential for evaluating the performance and safety of lithium-ion batteries used in these electronics. Consequently, the growing consumer electronics sector fuels the need for advanced battery cyclers to ensure high-quality and reliable battery performance, thus it drives the growth of the market.

Threat:

High Cost of Equipment

The high cost of battery cycler equipment significantly impacts the market by limiting accessibility for smaller companies and research institutions. These costs can deter new entrants and constrain budget allocations, potentially slowing innovation and market growth. High equipment prices also lead to longer return-on-investment (ROI) periods, affecting financial feasibility for some businesses, thus it hampers the growth of the market.

Covid-19 Impact:

The COVID-19 pandemic had a mixed impact on the Battery Cyclers Market. Initially, supply chain disruptions and manufacturing halts caused delays and shortages in battery cyclers. However, the increased reliance on electronic devices and remote work drove demand for high-performance batteries, boosting the need for advanced battery testing. The pandemic accelerated the adoption of digital and smart technologies, heightening the focus on battery efficiency and safety.

The medical devices segment is expected to be the largest during the forecast period

The medical devices segment is expected to be the largest during the forecast period due to the critical role batteries play in medical equipment such as portable monitors, infusion pumps, and defibrillators. These devices require reliable, long-lasting batteries with stringent safety standards, necessitating precise battery testing and development. As medical technology advances and the demand for portable, high-performance medical devices grows, the need for advanced battery cyclers increases, driving market growth and innovation.

The consumer electronics segment is expected to have the highest CAGR during the forecast period

The consumer electronics segment is expected to have the highest CAGR during the forecast period due to the increasing demand for high-performance batteries in devices like smartphones, laptops, and wearable's. These gadgets require thorough testing to ensure battery longevity, safety, and efficiency, which battery cyclers provide by simulating charge-discharge cycles. As consumers seek faster charging and extended battery life, manufacturers invest more in battery research and testing.

Region with largest share:

North America is projected to have the largest market share during the forecast period attributed to the region's growing focus on renewable energy integration, and battery research. Increased demand for high-performance batteries in sectors like automotive, aerospace, and energy storage systems drives the need for advanced battery testing solutions, such as battery cyclers. Key industries benefit from enhanced battery lifecycle analysis, safety, and efficiency improvements. Sustainable technologies further support market growth, positioning North America as a key player in the global battery cyclers industry.

Region with highest CAGR:

Asia Pacific is projected to witness the highest CAGR over the forecast period owing to the region's rapid adoption of electric vehicles (EVs), renewable energy systems, and expanding battery manufacturing. The rise in consumer electronics and the transition to clean energy also boost the market. Additionally, government policies promoting EV adoption and sustainability efforts further contribute to the market's expansion, making Asia-Pacific a key region for battery testing and cycling technologies.

Key players in the market

Some of the key players in Battery Cyclers Market include Arbin Instruments, BioLogic Science Instruments, Bitrode Corporation, BTS Battery Technology Solutions, Chroma Systems Solutions, Digatron Power Electronics, E-One Moli Energy, Gamry Instruments, Hefei Kewell Power System Co., Ltd., InvenSense Inc., Keysight Technologies, Maccor Inc., MTI Corporation, National Instruments Corporation, Neware Technology Limited, OAI (Optical Associates Inc.), PEC North America, Scribner Associates, Shenzhen Bonad Instrument Co., Ltd., Thundersoft Battery Solutions, Toshiba Corporation and Zentro Elektrik GmbH.

Key Developments:

In August 2024, Keysight Technologies, announced that it has joined the Joint Cyber Defense Collaborative (JCDC), expanding its current partnership with the U.S. government to enhance the nation's cybersecurity resiliency

In July 2024, Toshiba Electronic Devices & Storage Corporation has launched a line up of eight compact, high-voltage electronic fuses (eFuse ICs), the TCKE9 Series, that support multiple functions for the protection of power supply lines

In June 2024, Toshiba and Numana are announced a strategic collaboration to enhance the Kirq quantum communication testbed in the Province of Quebec. This evolving relationship will contribute to expand the characteristics of Kirq's real-world telco-grade infrastructure in capacity and distance.

Types Covered:

  • Single-Channel Battery Cyclers
  • Multi-Channel Battery Cyclers
  • Other Types

Battery Types Covered:

  • Lithium-Ion Batteries
  • Lead-Acid Batteries
  • Nickel-Cadmium Batteries
  • Nickel-Metal Hydride (NiMH) Batteries
  • Sodium-Ion Batteries
  • Advanced Batteries
  • Other Battery Types

Channel Types Covered:

  • High-Voltage Battery Cyclers
  • Low-Voltage Battery Cyclers

Applications Covered:

  • Automotive
  • Consumer Electronics
  • Energy Storage Systems (ESS)
  • Aerospace & Defense
  • Medical Devices
  • Research and Development
  • Other Applications

End Users Covered:

  • Battery Manufacturers
  • Universities and Academic Institutions
  • Institutes & Laboratories
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Product Code: SMRC27344

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Battery Cyclers Market, By Type

  • 5.1 Introduction
  • 5.2 Single-Channel Battery Cyclers
  • 5.3 Multi-Channel Battery Cyclers
  • 5.4 Other Types

6 Global Battery Cyclers Market, By Battery Type

  • 6.1 Introduction
  • 6.2 Lithium-Ion Batteries
  • 6.3 Lead-Acid Batteries
  • 6.4 Nickel-Cadmium Batteries
  • 6.5 Nickel-Metal Hydride (NiMH) Batteries
  • 6.6 Sodium-Ion Batteries
  • 6.7 Advanced Batteries
  • 6.8 Other Battery Types

7 Global Battery Cyclers Market, By Channel Type

  • 7.1 Introduction
  • 7.2 High-Voltage Battery Cyclers
  • 7.3 Low-Voltage Battery Cyclers

8 Global Battery Cyclers Market, By Application

  • 8.1 Introduction
  • 8.2 Automotive
  • 8.3 Consumer Electronics
  • 8.4 Energy Storage Systems (ESS)
  • 8.5 Aerospace & Defense
  • 8.6 Medical Devices
  • 8.7 Research and Development
  • 8.8 Other Applications

9 Global Battery Cyclers Market, By End User

  • 9.1 Introduction
  • 9.2 Battery Manufacturers
  • 9.3 Universities and Academic Institutions
  • 9.4 Institutes & Laboratories
  • 9.5 Other End Users

10 Global Battery Cyclers Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Arbin Instruments
  • 12.2 BioLogic Science Instruments
  • 12.3 Bitrode Corporation
  • 12.4 BTS Battery Technology Solutions
  • 12.5 Chroma Systems Solutions
  • 12.6 Digatron Power Electronics
  • 12.7 E-One Moli Energy
  • 12.8 Gamry Instruments
  • 12.9 Hefei Kewell Power System Co., Ltd.
  • 12.10 InvenSense Inc.
  • 12.11 Keysight Technologies
  • 12.12 Maccor Inc.
  • 12.13 MTI Corporation
  • 12.14 National Instruments Corporation
  • 12.15 Neware Technology Limited
  • 12.16 OAI (Optical Associates Inc.)
  • 12.17 PEC North America
  • 12.18 Scribner Associates
  • 12.19 Shenzhen Bonad Instrument Co., Ltd.
  • 12.20 Thundersoft Battery Solutions
  • 12.21 Toshiba Corporation
  • 12.22 Zentro Elektrik GmbH
Product Code: SMRC27344

List of Tables

  • Table 1 Global Battery Cyclers Market Outlook, By Region (2022-2030) ($MN)
  • Table 2 Global Battery Cyclers Market Outlook, By Type (2022-2030) ($MN)
  • Table 3 Global Battery Cyclers Market Outlook, By Single-Channel Battery Cyclers (2022-2030) ($MN)
  • Table 4 Global Battery Cyclers Market Outlook, By Multi-Channel Battery Cyclers (2022-2030) ($MN)
  • Table 5 Global Battery Cyclers Market Outlook, By Other Types (2022-2030) ($MN)
  • Table 6 Global Battery Cyclers Market Outlook, By Battery Type (2022-2030) ($MN)
  • Table 7 Global Battery Cyclers Market Outlook, By Lithium-Ion Batteries (2022-2030) ($MN)
  • Table 8 Global Battery Cyclers Market Outlook, By Lead-Acid Batteries (2022-2030) ($MN)
  • Table 9 Global Battery Cyclers Market Outlook, By Nickel-Cadmium Batteries (2022-2030) ($MN)
  • Table 10 Global Battery Cyclers Market Outlook, By Nickel-Metal Hydride (NiMH) Batteries (2022-2030) ($MN)
  • Table 11 Global Battery Cyclers Market Outlook, By Sodium-Ion Batteries (2022-2030) ($MN)
  • Table 12 Global Battery Cyclers Market Outlook, By Advanced Batteries (2022-2030) ($MN)
  • Table 13 Global Battery Cyclers Market Outlook, By Other Battery Types (2022-2030) ($MN)
  • Table 14 Global Battery Cyclers Market Outlook, By Channel Type (2022-2030) ($MN)
  • Table 15 Global Battery Cyclers Market Outlook, By High-Voltage Battery Cyclers (2022-2030) ($MN)
  • Table 16 Global Battery Cyclers Market Outlook, By Low-Voltage Battery Cyclers (2022-2030) ($MN)
  • Table 17 Global Battery Cyclers Market Outlook, By Application (2022-2030) ($MN)
  • Table 18 Global Battery Cyclers Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 19 Global Battery Cyclers Market Outlook, By Consumer Electronics (2022-2030) ($MN)
  • Table 20 Global Battery Cyclers Market Outlook, By Energy Storage Systems (ESS) (2022-2030) ($MN)
  • Table 21 Global Battery Cyclers Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
  • Table 22 Global Battery Cyclers Market Outlook, By Medical Devices (2022-2030) ($MN)
  • Table 23 Global Battery Cyclers Market Outlook, By Research and Development (2022-2030) ($MN)
  • Table 24 Global Battery Cyclers Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 25 Global Battery Cyclers Market Outlook, By End User (2022-2030) ($MN)
  • Table 26 Global Battery Cyclers Market Outlook, By Battery Manufacturers (2022-2030) ($MN)
  • Table 27 Global Battery Cyclers Market Outlook, By Universities and Academic Institutions (2022-2030) ($MN)
  • Table 28 Global Battery Cyclers Market Outlook, By Institutes & Laboratories (2022-2030) ($MN)
  • Table 29 Global Battery Cyclers Market Outlook, By Other End Users (2022-2030) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!