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Battery Diagnostics And Repair Market Size, Share & Trends Analysis Report By Component (Hardware, Software), By Vertical (Automotive, Power Grid), By Test Type, By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 110 Pages
  • September 2023
  • Region: Global
  • Grand View Research
  • ID: 5893142
Description Jump to:
The global battery diagnostics and repair market size is anticipated to reach USD 1.93 billion by 2030, growing at a CAGR of 6.3% from 2023 to 2030. Battery diagnostics and repair involves diagnosing and extending the battery's lifespan through innovative solutions and services. The growing demand for sustainable energy sources, electric vehicles (EVs), and consumer electronics is driving the demand for battery diagnostics and repair.

The rising popularity of EVs has led to a notable increase in the demand for electric vehicle batteries. As EVs become increasingly popular for their energy efficiency, the dependence on reliable battery solutions is also anticipated to grow. To ensure the durability of these costly batteries, effective diagnostics and repair services are essential, which is thus driving the growth of the market.

Growing technological advancements are resulting in more sophisticated and user-friendly battery diagnostics and repair solutions. For instance, the integration of the Internet of Things (IoT) in battery diagnostics solutions has enabled a data-driven approach for monitoring battery health. This proactive approach enables early detection of flaws, leading to early repair, thus extending the battery's life even further. Such technological advancements are significantly contributing to the market's growth.

However, the market faces certain constraints, including limited awareness of available services, the proprietary nature of battery technologies, environmental regulations for battery disposal, complex modern battery systems, and concerns about data security and privacy with IoT integration, all of which need to be addressed for sustained market growth. Key market players are focusing on eliminating these constraints while designing battery diagnostics equipment and providing repair services, which is expected to favor the market's growth.

Battery Diagnostics And Repair Market Report Highlights

  • In terms of component, the hardware segment dominated the market in 2022 with a revenue share of more than 72.0%. The hardware segment is expected to grow significantly over the forecast period. The growing use of battery testing equipment and battery monitoring systems for battery health monitoring is contributing to the segment's growth
  • In terms of test type, the battery cell test segment dominated the market in 2022 with a revenue share of more than 45.0%. The battery cell test segment is expected to grow significantly over the forecast period. The increasing demand for precise testing of individual battery cells, especially in EVs and renewable energy applications, is driving the segment's growth
  • In terms of vertical, the automotive segment dominated the market in 2022with a revenue share of more than 52.0%. The segment is expected to grow significantly over the forecast period. The segment's growth is fueled by the increasing popularity of EVs. As EV adoption continues to surge worldwide, there is propelling demand for efficient battery diagnostics and repair services
  • Based on region, Europe is anticipated to register significant growth over the forecast period. The regional growth is driven by stringent environmental regulations, growing focus on sustainability, and the region's commitment to reducing electronic waste

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.4. Information Analysis
1.4.1. Market Formulation & Data Visualization
1.4.2. Data Validation & Publishing
1.5. Research Scope and Assumptions
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Manufacturing & Technology Trends
3.3. Market Dynamics
3.3.1. Market Driver Impact Analysis
3.3.1.1. Increasing demand for electric vehicle batteries
3.3.1.2. Global shift towards sustainable energy usage
3.3.2. Market Restraint Impact Analysis
3.3.2.1. Lack of awareness and lack of battery standardization
3.3.3. Market Opportunity Impact Analysis
3.3.3.1. IoT integration
3.4. Impact of COVID-19 Pandemic
3.5. Industry Analysis Tools
3.5.1. Porter’s Analysis
3.5.2. PESTEL Analysis
Chapter 4. Battery Diagnostics and Repair Market: Component Estimates & Trend Analysis
4.1. Component movement Analysis & Market Share, 2022 & 2030
4.2. Battery Diagnostics and Repair Market Estimates & Forecast, By Component
4.2.1. Hardware
4.2.1.1. Battery Testing Equipments
4.2.1.2. Battery Monitoring Systems
4.2.1.3. Others
4.2.2. Software
4.2.3. Services
4.2.3.1. Battery Testing
4.2.3.2. Battery Repair
4.2.3.3. Battery Installation
4.2.3.4. Others
Chapter 5. Battery Diagnostics and Repair Market: Test Type Estimates & Trend Analysis
5.1. Test Type Movement Analysis & Market Share, 2022 & 2030
5.2. Battery Diagnostics and Repair Market Estimates & Forecast, By Test Type
5.2.1. Battery Cell Test
5.2.2. Battery Pack/Module Test
Chapter 6. Battery Diagnostics and Repair Market: Vertical Estimates & Trend Analysis
6.1. Vertical Movement Analysis & Market Share, 2022 & 2030
6.2. Battery Diagnostics and Repair Market Estimates & Forecast, By Vertical
6.2.1. Automotive
6.2.1.1. ICE Vehicles
6.2.1.2. Electric Vehicles
6.2.2. Consumer Electronics
6.2.3. Industrial Applications
6.2.4. Power Grid
6.2.5. Others
Chapter 7. Battery Diagnostics and Repair Market: Regional Estimates & Trend Analysis
7.1. Battery Diagnostics And Repair Market: Regional Outlook
7.2. North America
7.2.1. North America battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Canada battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.3.2. Germany
7.3.2.1. Germany battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.3.3. UK
7.3.3.1. UK battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.3.4. France
7.3.4.1. France battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.4.2. China
7.4.2.1. China battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.4.3. India
7.4.3.1. India battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.4.4. Japan
7.4.4.1. Japan battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.4.5. South Korea
7.4.5.1. South Korea battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.4.6. Australia
7.4.6.1. Australia battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.5. Latin America
7.5.1. Latin America battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.5.3. Mexico
7.5.3.1. Mexico battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.6. MEA
7.6.1. MEA battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.6.2. Kingdom of Saudi Arabia (KSA)
7.6.2.1. Kingdom of Saudi Arabia (KSA) battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.6.3. UAE
7.6.3.1. UAE battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
7.6.4. South Africa
7.6.4.1. South Africa battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Participant’s Overview
8.2.1 DV Power
8.2.2 Keysight Technologies
8.2.3 Exponential Power
8.2.4 AVILOO GmbH
8.2.5 CycloChrome
8.2.6 SUN Mobility
8.2.7 Midtronics, Inc.
8.2.8 Bosch Automotive Service Solutions Inc.
8.2.9 ENERSYS
8.2.10 Saft
8.3. Financial Performance
8.4. Product Benchmarking
8.5. Company Market Positioning
8.6. Company Market Share Analysis, 2022
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.8.1. Expansion
8.8.2. Collaborations
8.8.3. Mergers & Acquisitions
8.8.4. New Product Launches
8.8.5. Partnerships
8.8.6. Others
List of Tables
Table 1. Global Battery Diagnostics And Repair Market, By Component, 2017 - 2030 (USD Million)
Table 2. Global Battery Diagnostics And Repair Market, By Hardware, 2017 - 2030 (USD Million)
Table 3. Global Battery Diagnostics And Repair Market, By Services, 2017 - 2030 (USD Million)
Table 4. Global Battery Diagnostics And Repair Market, By Test Type, 2017 - 2030 (USD Million)
Table 5. Global Battery Diagnostics And Repair Market, By Vertical, 2017 - 2030 (USD Million)
Table 6. Global Battery Diagnostics And Repair Market, By Automotive, 2017 - 2030 (USD Million)
Table 7. Company Market Share, 2022
Table 8. Company Heat Map Analysis
Table 9. Key companies undergoing expansion
Table 10. Key companies undergoing collaborations
Table 11. Key companies undergoing new product launch
Table 12. Key companies undergoing mergers & acquisitions
Table 13. Key companies undergoing other strategies
List of Figures
Fig. 1. Battery diagnostics and repair market segmentation
Fig. 2. Information procurement
Fig. 3. Data analysis models
Fig. 4. Market formulation and validation
Fig. 5. Data validating & publishing
Fig. 6. Market snapshot
Fig. 7. Segment snapshot
Fig. 8. Competitive landscape snapshot
Fig. 9. Parent market value, 2022 (USD billion)
Fig. 10. Battery diagnostics and repair market - industry value chain analysis
Fig. 11. Battery diagnostics and repair market dynamics
Fig. 12. Battery diagnostics and repair market: porter’s analysis
Fig. 13. Battery diagnostics and repair market: pestel analysis
Fig. 14. Battery diagnostics and repair market, by component: key takeaways
Fig. 15. Battery diagnostics and repair market, by component: market share, 2022 & 2030
Fig. 16. Battery diagnostics and repair market estimates & forecasts, by hardware, 2017 - 2030 (USD Million)
Fig. 17. Battery diagnostics and repair market estimates & forecasts, by Battery testing equipment, 2017 - 2030 (USD Million)
Fig. 18. Battery diagnostics and repair market estimates & forecasts, by Battery monitoring systems, 2017 - 2030 (USD Million)
Fig. 19. Battery diagnostics and repair market estimates & forecasts, by others, 2017 - 2030 (USD Million)
Fig. 20. Battery diagnostics and repair market estimates & forecasts, by software, 2017 - 2030 (USD Million)
Fig. 21. Battery diagnostics and repair market estimates & forecasts, by services, 2017 - 2030 (USD Million)
Fig. 22. Battery diagnostics and repair market estimates & forecasts, by Battery testing, 2017 - 2030 (USD Million)
Fig. 23. Battery diagnostics and repair market estimates & forecasts, by Battery repair, 2017 - 2030 (USD Million)
Fig. 24. Battery diagnostics and repair market estimates & forecasts, by Battery installation, 2017 - 2030 (USD Million)
Fig. 25. Battery diagnostics and repair market estimates & forecasts, by others, 2017 - 2030 (USD Million)
Fig. 26. Battery diagnostics and repair market, by test type: key takeaways
Fig. 27. Battery diagnostics and repair market, by test type: market share, 2022 & 2030
Fig. 28. Battery diagnostics and repair market estimates & forecasts, by Battery cell test, 2017 - 2030 (USD Million)
Fig. 29. Battery diagnostics and repair market estimates & forecasts, by Battery pack/module test, 2017 - 2030 (USD Million)
Fig. 30. Battery diagnostics and repair market, by vertical: key takeaways
Fig. 31. Battery diagnostics and repair market, by vertical: market share, 2022 & 2030
Fig. 32. Battery diagnostics and repair market estimates & forecasts, by automotive, 2017 - 2030 (USD Million)
Fig. 33. Battery diagnostics and repair market estimates & forecasts, by ice vehicles, 2017 - 2030 (USD Million)
Fig. 34. Battery diagnostics and repair market estimates & forecasts, by electric vehicles, 2017 - 2030 (USD Million)
Fig. 35. Battery diagnostics and repair market estimates & forecasts, by consumer electronics, 2017 - 2030 (USD Million)
Fig. 36. Battery diagnostics and repair market estimates & forecasts, by industrial applications, 2017 - 2030 (USD Million)
Fig. 37. Battery diagnostics and repair market estimates & forecasts, by power grid, 2017 - 2030 (USD Million)
Fig. 38. Battery diagnostics and repair market estimates & forecasts, by others, 2017 - 2030 (USD Million)
Fig. 39. North America Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 40. U.S. Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 41. Canada Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 42. Europe Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 43. Germany Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 44. UK Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 45. France Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 46. Asia pacific Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 47. China Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 48. India Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 49. Japan Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 50. South Korea Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 51. Australia Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 52. Latin america Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 53. Brazil Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 54. Mexico Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 55. MEA Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 56. Kingdom of Saudi Arabia (KSA) Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 57. UAE Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 58. South Africa uae Battery diagnostics and repair market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 59. Key company categorization
Fig. 60. Company market positioning
Fig. 61. Company market share analysis, 2022
Fig. 62. Strategic framework

Companies Mentioned

  • DV Power
  • Keysight Technologies
  • Exponential Power
  • AVILOO GmbH
  • CycloChrome
  • SUN Mobility
  • Midtronics, Inc.
  • Bosch Automotive Service Solutions Inc.
  • ENERSYS
  • Saft

Methodology

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Table Information

Report AttributeDetails
No. of Pages110
PublishedSeptember 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 1206.8 Million
Forecasted Market Value ( USD ) by 2030 $ 1930 Million
Compound Annual Growth Rate6.3%
Regions CoveredGlobal
No. of Companies Mentioned10

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