The battery cyclers market in APAC is expected to grow from US$ 57.29 million in 2022 to US$ 91.79 million by 2028. It is estimated to grow at a CAGR of 8.2% from 2022 to 2028.
Increasing Adoption of Battery Cyclers in Healthcare Sector
During the COVID-19 pandemic, the demand for diagnostic equipment, ventilators, and other critical care devices has increased worldwide. Lithium batteries are the preferred choice for both primary and backup energy sources in implanted and portable devices due to their long life and high energy density. Monitors; tools such as surgical drills and robots; and vital devices such as defibrillators, transport ventilators, and heart and lung machines need batteries. Therefore, prominent battery testing companies are offering continuous support and services in response to the growing demand in the healthcare sector. According to a survey by the FDA, poor battery conditions lead to equipment malfunctions which mat adversely impact the patient's conditions. As battery failures in hospitals may lead to critical conditions, most of the underperforming batteries are discarded even when they are still usable. Comprehensive testing and easily accessible maintenance information are required to minimize wastage while assuring the optimum functioning of battery-powered devices when needed. Therefore, continuous testing and maintenance are required to reduce battery wastage and ensure battery and equipment safety. Hence, the growing demand for medical equipment and the need to reduce battery wastage is expected to boost the demand for battery cyclers in the coming years. Manufacturers of battery cyclers and other testing equipment can utilize high-resolution technologies to detect the slightest changes in battery performance during the testing. Thus, regular testing and maintenance are essential to reduce battery waste and assure the safety of batteries used in medical devices, which drives the growth of the battery cyclers market.
Market Overview
APAC Battery Cyclers Market Segmentation
TheAPAC battery cyclers market is segmented into channel type, battery type, end user and country. Based on channel type, the market is segmented into 16, 8, and 4. The 8 segment registered the largest market share in 2022.
- Based on battery type, the APAC battery cyclers market is segmented into lead acid, nickel-cadmium, nickel-metal hydride, andlithium-ion batteries. The lithium-ion batteries segment registered the largest market share in 2022.
- Based on end user, the APAC battery cyclers market is segmented into aerospace, energy and power, automotive, consumer electronics, and others. The consumer electronics segment registered the largest market share in 2022.
- Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and Rest of APAC. China dominated the market share in 2022.
Arbin Instruments; BioLogic Sciences Instruments; Bitrode Corporation; Chroma Systems Solutions, Inc.; Digatron; Gamry Instruments; Hioki E.E. Corporation; PEC; Unico, LLC; and Xiamen Tmax Battery Equipments Limited are the leading companies operating in the battery cyclers market in the region.
Table of Contents
1. Introduction1.1 Study Scope
1.2 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. APAC Battery Cyclers Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
5. APAC Battery Cyclers Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Production and Use of Electric Vehicles
5.1.2 Government Initiatives for Development of Efficient Battery Cyclers
5.2 Market Restraints
5.2.1 Limited Reliability of Battery Testing
5.3 Market Opportunities
5.3.1 Technological Advancements in Battery Cyclers
5.4 Trends
5.4.1 Increasing Adoption of Battery Cyclers in Healthcare Sector
5.5 Impact Analysis of Drivers and Restraints
6. Battery Cyclers Market - APAC Analysis
6.1 APAC Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
7. APAC Battery Cyclers Market Revenue and Forecast to 2028 - Channel Type
7.1 Overview
7.2 APAC Battery Cyclers Market, By Channel Type (2021 And 2028)
7.3
7.3.1 Overview
7.3.2: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
7.4 8
7.4.1 8: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
7.5 4
7.5.1 4: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
8. APAC Battery Cyclers Market Revenue and Forecast to 2028 - Battery Type
8.1 Overview
8.2 APAC Battery Cyclers Market, By Battery Type (2021 And 2028)
8.3 Lead Acid
8.3.1 Overview
8.3.2 Lead Acid: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
8.4 Nickel Cadmium (NiCd) Batteries
8.4.1 Overview
8.4.2 Nickel Cadmium (NiCd) Batteries: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
8.5 Nickel -Metal Hydride (NiMh) Batteries
8.5.1 Overview
8.5.2 Nickel -Metal Hydride (NiMh) Batteries: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
8.6 Lithium-Ion (Li-Ion) Batteries
8.6.1 Overview
8.6.2 Lithium-Ion (Li-Ion) Batteries: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
9. APAC Battery Cyclers Market Revenue and Forecast to 2028 - End User
9.1 Overview
9.2 APAC Battery Cyclers Market, By End User (2021 And 2028)
9.3 Aerospace
9.3.1 Overview
9.3.2 Aerospace: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
9.4 Energy & Power
9.4.1 Overview
9.4.2 Energy & Power: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
9.5 Automotive
9.5.1 Overview
9.5.2 Automotive: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
9.6 Consumer Electronics
9.6.1 Overview
9.6.2 Consumer Electronics: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Battery Cyclers Market Revenue and Forecast To 2028 (US$ Million)
10. APAC Battery Cyclers Market - Country Analysis
10.1 Overview
10.1.1 APAC: Battery Cyclers Market, By Country
10.1.1.1 China: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 China: Battery Cyclers Market, By Channel Type
10.1.1.1.2 China: Battery Cyclers Market, By Battery Type
10.1.1.1.3 China: Battery Cyclers Market, By End-User
10.1.1.2 India: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 India: Battery Cyclers Market, By Channel Type
10.1.1.2.2 India: Battery Cyclers Market, By Battery Type
10.1.1.2.3 India: Battery Cyclers Market, By End-User
10.1.1.3 Japan: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Japan: Battery Cyclers Market, By Channel Type
10.1.1.3.2 Japan: Battery Cyclers Market, By Battery Type
10.1.1.3.3 Japan: Battery Cyclers Market, By End-User
10.1.1.4 South Korea: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 South Korea: Battery Cyclers Market, By Channel Type
10.1.1.4.2 South Korea: Battery Cyclers Market, By Battery Type
10.1.1.4.3 South Korea: Battery Cyclers Market, By End-User
10.1.1.5 Australia: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Australia: Battery Cyclers Market, By Channel Type
10.1.1.5.2 Australia: Battery Cyclers Market, By Battery Type
10.1.1.5.3 Australia: Battery Cyclers Market, By End-User
10.1.1.6 Rest of APAC: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Battery Cyclers Market, By Channel Type
10.1.1.6.2 Rest of APAC: Battery Cyclers Market, By Battery Type
10.1.1.6.3 Rest of APAC: Battery Cyclers Market, By End-User
11. Global Battery Cyclers Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Launch
12. Company Profiles
12.1 BioLogic Sciences 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 Unico, LLC
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 Bitrode Corporation
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 Chroma Systems Solutions, Inc.
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 Arbin Instruments
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
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 PEC
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 Xiamen Tmax Battery Equipments Limited
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 Hioki E.E. Corporation
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 Gamry Instruments
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
13. Appendix
13.1 About the Publisher
13.2 Word Index
List of Tables
Table 1. APAC Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. China Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 3. China Battery Cyclers Market, By Battery Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. China Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 5. India Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 6. India Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 7. India Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 10. Japan Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 11. South Korea Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 12. South Korea Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 13. South Korea Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 14. Australia Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 15. Australia Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 16. Australia Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
List of Figures
Figure 1. APAC Battery Cyclers Market Segmentation
Figure 2. APAC Battery Cyclers Market Segmentation - By Country
Figure 3. APAC Battery Cyclers Market Overview
Figure 4. APAC Battery Cyclers Market, By Channel Type
Figure 5. APAC Battery Cyclers Market, By Country
Figure 6. APAC: PEST Analysis
Figure 7. Battery Cyclers Market - Ecosystem Analysis
Figure 8. APAC Battery Cyclers Market: Impact Analysis of Drivers and Restraints
Figure 9. APAC Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. APAC Battery Cyclers Market, By Channel Type (2021 and 2028)
Figure 11. APAC 16: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC 8: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC 4: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Battery Cyclers Market, By Battery Type (2021 and 2028)
Figure 15. APAC Lead Acid: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Nickel Cadmium (NiCd) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Nickel -Metal (NiMh) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Lithium-Ion (Li-Ion) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Battery Cyclers Market, By End User (2021 and 2028)
Figure 20. APAC Aerospace: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Energy & Power: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Automotive: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC Consumer Electronics: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. APAC Others: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. APAC: Battery Cyclers Market, by Key Country - Revenue (2021) (US$ Million)
Figure 26. APAC: Battery Cyclers Market Revenue Share, By Country (2021 and 2028)
Figure 27. China: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. India: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Australia: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of APAC: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- Arbin Instruments
- BioLogic Sciences Instruments
- Bitrode Corporation
- Chroma Systems Solutions, Inc.
- Digatron
- Gamry Instruments
- Hioki E.E. Corporation
- PEC
- Unico, LLC
- Xiamen Tmax Battery Equipments Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 119 |
| Published | December 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 57.29 Million |
| Forecasted Market Value ( USD | $ 91.79 Million |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Asia Pacific |
| No. of Companies Mentioned | 10 |
