The batterycyclers market in Europe is expected to grow from US$ 45.08 million in 2022 to US$ 62.18 million by 2028. It is estimated to grow at a CAGR of 5.5% from 2022 to 2028.
Increasing Production and Use of Electric Vehicles
The popularity of electric vehicles (EVs) has significantly grown in recent years with the continuous maturation of the technology. Furthermore, increasing concerns about car emissions across the region coupled with the rise in depletion rate of nonrenewable energy resources have prompted government bodies across both developed and developing countries to invest in the expansion of electric vehicle manufacturing. The production and sales of electric vehicles are increasing rapidly owing to favorable legislative measures such as subsidies and tax breaks for both manufacturers and consumers in different countries across the region. These factors are thereby driving the manufacturers to increase their electric vehicle production, thus boosting the growth of the battery cyclers market. Many countries have set objectives for reducing vehicle emission levels. They have begun promoting the production and marketing of electric vehicles and related charging infrastructure. Several countries are heavily investing in electric vehicle sales promotion. Countries are making contractual alliances to ramp up electric car production within their territories. Such a surge in the production and use of electric vehicles is bolstering the battery cyclers market growth.Market Overview
Europe BatteryCyclers Market Segmentation
The Europe 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 Europe 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 Europe 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 Germany, France, Italy, UK, Russia, and Rest of Europe. Germany 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. Europe Battery Cyclers Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.2.1 Ecosystem Analysis
5. Europe 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 - Europe Analysis
6.1 Europe Battery Cyclers Market Overview
6.2 Europe Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
7. Europe Battery Cyclers Market Revenue and Forecast to 2028 - Channel Type
7.1 Overview
7.2 Europe 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. Europe Battery Cyclers Market Revenue and Forecast to 2028 - Battery Type
8.1 Overview
8.2 Europe 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. Europe Battery Cyclers Market Revenue and Forecast to 2028 - End User
9.1 Overview
9.2 Europe 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. Europe Battery Cyclers Market - Country Analysis
10.1 Overview
10.1.1 Europe: Battery Cyclers Market, By Country
10.1.1.1 Germany: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Battery Cyclers Market, By Channel Type
10.1.1.1.2 Germany: Battery Cyclers Market, By Battery Type
10.1.1.1.3 Germany: Battery Cyclers Market, By End-User
10.1.1.2 France: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Battery Cyclers Market, By Channel Type
10.1.1.2.2 France: Battery Cyclers Market, By Battery Type
10.1.1.2.3 France: Battery Cyclers Market, By End-User
10.1.1.3 Italy: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Battery Cyclers Market, By Channel Type
10.1.1.3.2 Italy: Battery Cyclers Market, By Battery Type
10.1.1.3.3 Italy: Battery Cyclers Market, By End-User
10.1.1.4 UK: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Battery Cyclers Market, By Channel Type
10.1.1.4.2 UK: Battery Cyclers Market, By Battery Type
10.1.1.4.3 UK: Battery Cyclers Market, By End-User
10.1.1.5 Russia: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Battery Cyclers Market, By Channel Type
10.1.1.5.2 Russia: Battery Cyclers Market, By Battery Type
10.1.1.5.3 Russia: Battery Cyclers Market, By End-User
10.1.1.6 Rest of Europe: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Battery Cyclers Market, By Channel Type
10.1.1.6.2 Rest of Europe: Battery Cyclers Market, By Battery Type
10.1.1.6.3 Rest of Europe: Battery Cyclers Market, By End-User
11. Europe 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. Europe Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 5. France Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 6. France Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 7. France Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 11. UK Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 12. UK Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 13. UK Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 14. Russia Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia Battery Cyclers Market, By Battery Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe Battery Cyclers Market, By Channel Type- Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe Battery Cyclers Market, By Battery Type- Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe Battery Cyclers Market, By End-User - Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
List of Figures
Figure 1. Europe Battery Cyclers Market Segmentation
Figure 2. Europe Battery Cyclers Market Segmentation - By Country
Figure 3. Europe Battery Cyclers Market Overview
Figure 4. Europe Battery Cyclers Market, By Channel Type
Figure 5. Europe Battery Cyclers Market, By Country
Figure 6. Europe: PEST Analysis
Figure 7. Battery Cyclers Market - Ecosystem Analysis
Figure 8. Europe Battery Cyclers Market: Impact Analysis of Drivers and Restraints
Figure 9. Europe Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. Europe Battery Cyclers Market, By Channel Type (2021 and 2028)
Figure 11. Europe 16: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe 8: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe 4: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Battery Cyclers Market, By Battery Type (2021 and 2028)
Figure 15. Europe Lead Acid: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Nickel Cadmium (NiCd) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Nickel -Metal (NiMh) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Lithium-Ion (Li-Ion) Batteries: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Battery Cyclers Market, By End User (2021 and 2028)
Figure 20. Europe Aerospace: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Energy & Power: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Automotive: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Consumer Electronics: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Others: Battery Cyclers Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe: Battery Cyclers Market, by Key Country - Revenue (2021) (US$ Million)
Figure 26. Europe: Battery Cyclers Market Revenue Share, By Country (2021 and 2028)
Figure 27. Germany: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. France: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Italy: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. UK: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Russia: Battery Cyclers Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Europe: 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 | 122 |
Published | December 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 45.08 Million |
Forecasted Market Value ( USD | $ 62.18 Million |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Europe |
No. of Companies Mentioned | 10 |