The battery cyclers market in MEA is expected to grow from US$ 29.02 million in 2022 to US$ 38.17 million by 2028. It is estimated to grow at a CAGR of 4.7% from 2022 to 2028.
Technological Advancements in BatteryCyclers
Industries are employing new technologies and using different raw materials to develop new battery cyclers with improved performance and durability. The battery is a significant component in automobiles, consumer electronics, and aerospace and healthcare devices, among others. Most electric vehicles use either a lithium-ion family battery or a lead-acid battery. New developments in battery chemistry are expected to help increase the efficiency of lithium-ion batteries and test systems for these innovative battery packs. Similarly, researchers are integrating advanced battery materials into whole battery systems to develop better lithium-ion batteries for plug-in electric vehicles, alongside applying extensive battery research findings. Many battery manufacturers focus on advanced battery development, system analysis, and testing activities for developing battery cells and modules that result in significantly lower battery cost, longer life, and better performance. Further, research is underway to increase the range of battery cyclers and reduce costs. Various OEMs have started offering electric vehicles with more than 300 - 350 km range and long battery lives. The researchers focus on conventional lithium-ion, solid-state, advanced lithium-ion batteries using an intermetallic anode (silicon alloy composite), and advanced lithium-ion (lithium metal, including lithium-sulfur and lithium-cobalt) batteries with innovative designs and chemistries. Such rapid developments in battery technologies are expected to bolster the demand for new and advanced battery testing systems/platforms/software, thereby driving the battery cyclers market, in the coming years.Market Overview
MEA Battery Cyclers Market Segmentation
TheMEA 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 MEA battery cyclers market is segmented into lead acid, nickel-cadmium batteries, nickel-metal hydride batteries, and lithium-ion batteries. The lithium-ion batteries segment registered the largest market share in 2022.
- Based on end user, the MEA 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 South Africa, Saudi Arabia, UAE, and Rest of MEA. UAE dominated the market share in 2022.
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. MEA Battery Cyclers Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.2.1 MEA
4.3 Ecosystem Analysis
5. MEA 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 - MEA Analysis
6.1 MEA Battery Cyclers Market Overview
6.2 MEA Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
7. MEA Battery Cyclers Market Revenue and Forecast to 2028 - Channel Type
7.1 Overview
7.2 MEA 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. MEA Battery Cyclers Market Revenue and Forecast to 2028 - Battery Type
8.1 Overview
8.2 MEA 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. MEA Battery Cyclers Market Revenue and Forecast to 2028 - End User
9.1 Overview
9.2 MEA 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. MEA Battery Cyclers Market - Country Analysis
10.1 Overview
10.1.1 MEA: Battery Cyclers Market, By Country
10.1.1.1 South Africa: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Battery Cyclers Market, By Channel Type
10.1.1.1.2 South Africa: Battery Cyclers Market, By Battery Type
10.1.1.1.3 South Africa: Battery Cyclers Market, By End-User
10.1.1.2 Saudi Arabia: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Saudi Arabia: Battery Cyclers Market, By Channel Type
10.1.1.2.2 Saudi Arabia: Battery Cyclers Market, By Battery Type
10.1.1.2.3 Saudi Arabia: Battery Cyclers Market, By End-User
10.1.1.3 UAE: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 UAE: Battery Cyclers Market, By Channel Type
10.1.1.3.2 UAE: Battery Cyclers Market, By Battery Type
10.1.1.3.3 UAE: Battery Cyclers Market, By End-User
10.1.1.4 Rest of MEA: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of MEA: Battery Cyclers Market, By Channel Type
10.1.1.4.2 Rest of MEA: Battery Cyclers Market, By Battery Type
10.1.1.4.3 Rest of MEA: Battery Cyclers Market, By End-User
11. MEA 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 Bitrode Corporation
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 Chroma Systems Solutions, Inc.
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 Arbin Instruments
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 DIGATRON
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 PEC
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 Xiamen Tmax Battery Equipments Limited
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 Hioki E.E. Corporation
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 Gamry Instruments
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
13. Appendix
13.1 About the Publisher
13.2 Word Index
List of Tables
Table 1. MEA Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of MEA Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of MEA Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of MEA Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
List of Figures
Figure 1. MEA Battery Cyclers Market Segmentation
Figure 2. MEA Battery Cyclers Market Segmentation - By Country
Figure 3. MEA Battery Cyclers Market Overview
Figure 4. MEA Battery Cyclers Market, By Channel Type
Figure 5. MEA Battery Cyclers Market, By Country
Figure 6. MEA: PEST Analysis
Figure 7. Battery Cyclers Market - Ecosystem Analysis
Figure 8. MEA Battery Cyclers Market: Impact Analysis of Drivers and Restraints
Figure 9. MEA Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. MEA Battery Cyclers Market, By Channel Type (2021 and 2028)
Figure 11. MEA 16: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. MEA 8: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA 4: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Battery Cyclers Market, By Battery Type (2021 and 2028)
Figure 15. MEA Lead Acid: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA Nickel Cadmium (NiCd) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Nickel -Metal (NiMh) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Lithium-Ion (Li-Ion) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Battery Cyclers Market, By End User (2021 and 2028)
Figure 20. MEA Aerospace: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. MEA Energy & Power: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Automotive: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. MEA Consumer Electronics: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA Others: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. MEA: Battery Cyclers Market, by Key Country - Revenue (2021) (US$ Million)
Figure 26. MEA: Battery Cyclers Market Revenue Share, By Country (2021 and 2028)
Figure 27. South Africa: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Saudi Arabia: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. UAE: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of MEA: 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
- Xiamen Tmax Battery Equipments Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 108 |
| Published | December 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 29.02 Million |
| Forecasted Market Value ( USD | $ 38.17 Million |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Africa, Middle East |
| No. of Companies Mentioned | 9 |
