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Outlook on the Battery Testing Equipment Global Market to 2027 - Increasing Adoption of Battery Testing Equipment in Healthcare Presents OpportunitiesDUBLIN, April 8, 2021 /PRNewswire/ -- The "Battery Testing Equipment Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type; Application; End-User, and Geography" report has been added to ResearchAndMarkets.com's offering. According to this report the global battery testing equipment market was valued at US$ 452.40 million in 2019 and is projected to reach US$ 653.71 million by 2027; it is expected to grow at a CAGR of 4.7% during the forecast period. The report highlights key factors driving the market growth, and prominent players and their developments in the market. However, several innovative features, such as video streaming and high graphic resolution games, mitigate the battery performance. Hence, several companies are focusing on replacing graphite batteries with silicon batteries as it increases the capacity of the battery. This factor is anticipated to raise the demand for battery testing equipment in electronic and semiconductor products. Portable batteries are primarily used among flashlights, watches, calculators, clocks, computers, digital cameras, smartphones, laptops, printers, tablets, smart TVs, and wearable electronic devices, which demands for rigorous testing of battery lifecycle in consumer electronics, thus propels the market growth. 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 market. Additionally, temporary closure has also resulted in reduced procurement of battery testing equipment among industries during the first quarter of 2020. The COVID-19 might have its impact in the first six months of 2021 as well.
1. Introduction 2. Key Takeaways 3. Research Methodology 3.1 Coverage 3.2 Secondary Research 3.3 Primary Research 4. Battery Testing Equipment Market Landscape 4.1 Market Overview 4.2 PEST Analysis 4.2.1 North America 4.2.2 Europe 4.2.3 APAC 4.2.4 MEA 4.2.5 SAM 4.3 Ecosystem Analysis 4.4 Expert Opinion 5. 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 - Global Analysis 6.1 Global Battery Testing Equipment Market Overview 6.2 Battery Testing Equipment Market - Revenue and Forecast to 2027 (US$ Million) 6.3 Market Positioning - Five Key Players 7. Battery Testing Equipment Market - By Product Type 7.1 Overview 7.2 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. Battery Testing Equipment Market Analysis - By Application 8.1 Overview 8.2 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. Battery Testing Equipment Market Analysis - By End-User 9.1 Overview 9.2 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. Battery Testing Equipment Market - Geographic Analysis 10.1 Overview 10.2 North America: Battery Testing Equipment Market 10.3 Europe : Battery Testing Equipment Market 10.4 APAC: Battery Testing Equipment Market 10.5 MEA: Battery Testing Equipment Market 10.6 South and Central America: Battery Testing Equipment Market 11. Impact of COVID-19 Pandemic Media Contact: Research and Markets SOURCE Research and Markets |