Global sales of battery testing equipment was reported at USD 480.8 million in 2020. The market to exhibit a year on year growth of 3.8% in the year 2024 leading to a market size of USD 575.7 million in the year 2025. During the assessment period (2025 to 2035), the market is projected to witness a CAGR of 4.2% and reach USD 868.7 million by end of 2035.
The gaining prevalence of battery operated technologies across industries have made batteries as indispensable part of machines, appliances and equipment these days. Performance of these batteries directly impacts the efficiency of entire machines or apparatus. During the first-fit or replacement, it becomes very important that these batteries align with all the required and necessary standards of operation during the entire service life.
These parameters include capacity, voltage, resistance, cycle time, charging or discharging rate, state-of-charge and other relevant parameters that primarily impact performance of the system. Integration of AI, machine learning, IoT and other advanced technologies into these testing systems have improved the reliability and speed of testing operations, which is becoming a key USP of these products.
Attributes | Key Insights |
---|---|
Market Value, 2025 | USD 575.7 million |
Market Value, 2035 | USD 868.7 million |
Value CAGR (2025 to 2035) | 4.2% |
Battery testing equipment are extensively utilized for testing of automotive batteries, consumer electronics, energy storage systems, medical devices, industrial batteries and other back-up or battery operated systems.
These equipment not only test the electrical parameters but also help in testing of chemical, environmental, longevity and other safety parameters of the batteries. Increasing investments in research and development and launch of advanced products by various industries will positively influence on demand for these testing equipment in near future.
There are various types of battery testers available in the market, which are utilized for specific testing purposes. Some of the examples include battery analysers, charge/discharge testers, impedance testers, short-circuit testers, drop testers and others.
Increasing concerns towards ensuring safe and reliable operations of the battery operated systems necessitate timely monitoring and inspections. These inspections are critical to system’s performance and are executed on regular basis. The expansion in industrial operations, growth in battery industry and advancing electrical testing services industry is further expected to drive sales of these battery testing equipment in near future.
Recently, manufacturers of these equipment have developed multi-platform devices which can run multiple tests simultaneously which can be configured as per small, medium or large scale battery testing facilities for industries or research and academia.
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The table below presents an assessment of how the growth trajectories have changed over the last year (2024) on half yearly basis. Following the similar trend, it also briefs about how these half-yearly trends will take shape in the current year (2025). H1 and H2 periods represent months from January to June and July to December respectively for particular years.
Particulars | Value CAGR |
---|---|
H1 2024 | 3.6% (2024 to 2034) |
H2 2024 | 3.8% (2024 to 2034) |
H1 2025 | 4.1% (2025 to 2035) |
H2 2025 | 4.2% (2025 to 2035) |
The market growth during the first half on 2024 was slow when compared with the latter half the period. Slowdown in the sales of electronics products and automobiles have impacted on the sales of these equipment, while with developments in these sectors over the next half positively impacted the market with increase in growth magnitude. Reflecting this trend in the current year, comparatively an increment of 50 and 40 BPS will be noticed in first and second half of 2025 respectively.
Battery recycling initiatives will drive demand for battery testing equipment
Reduce, reuse and recycle is becoming a key sustainability trend across industries. Growing concerns towards environmental protection and safe disposal of hazardous chemicals in the environment have become paramount in order to meet carbon emission mitigation and sustainability targets.
The extent of battery usage across various industrial, consumer and automotive products have increased exponentially. It is believed that by end-of-life of these products, enormous amounts of batteries will be available for recycling. Various governments and companies are keen on encouraging and implementing projects and schemes that meet recycling standards in accordance with environment compliance.
For instance, in July 22, sustainability technology services provider, SK tes received grant from New South Wales (NSW) Environment Protection Authority (EPA) in Australia to recycle lithium ion batteries decommissioned from solar energy storage systems and further utilize them in EV and portable devices. The company also received funding of USD 1.9 million under the NSW EPA Circular Solar Grants Program to initiate the operations.
Such initiatives and upcoming projects will drive the need for battery testing equipment in order to test battery recyclability features and keep assurance on the quality of operations.
Increasing demand for wearable and IoT devices
Demand for consumer electronics especially wearable devices has increased considerably over the past years. Use and adoption of smart devices has gained considerable attention in the recent past. These devices operate in a sophisticated manner and are in direct contact with the users.
Any malfunctioning issue in such scenario can lead to severe harm for the users. Typically, these compact or miniaturized devices run on high-performance batteries to ensure that these devices run for extended service life. These tests often require miniaturized battery testing equipment for carrying out necessary tests. For instance, ZTS Inc., has launched mini Multi-Battery Tester which facilitates multitude of tests for testing small batteries.
Similarly there are other miniature battery testing equipment available in the market that help in reliable testing of the batteries associated with wearable and IoT devices. Increasing sales of these products will positively impact on demand for battery testing equipment across the globe particularly in consumer electronics and medical device manufacturing industry.
Investments in Grid-scale energy storage facilities to proliferate demand for battery testing equipment
Global energy consumption is on a consistent rise owing to urbanization rate and expanding industrial output across regions. The global energy consumption rate was reported an increase of 2.2% in 2023 and the similar trend is likely to continue over the upcoming decade. With the amounts of peak energy demand increasing across regions, governments and companies are investing into building up of grid-scale energy storage facilities in order to cater to rising levels of demand.
For instance, in January 2024, LG Energy Solutions announced plans to build storage facility of 10GW-hr in USA in addition the company also plans to build a battery manufacturing complex to manufacture batteries for electric vehicles and energy storage systems.
Incidences of such investments are likely to increase in near future becoming a necessity to support industrial growth. These facilities require timely monitoring and maintenance to ensure uninterrupted functioning over the years, thus considerably prompting requirement for advanced battery testing equipment.
Increasing demand for electric vehicles and substantial investments in charging infrastructure to boost battery testing equipment market
Demand for electric vehicles and electric cars in particular is on a consistent rise. As per IEA, electric cars represented about 18% of the overall car sales worldwide in 2023 up from 14% figures of 2022. Off these, about 70% cars are pure electric and this number is likely to grow in the near future.
Increasing preference of consumers towards electrical technology supported by government incentives for green mobility is further expected to drive demand for these cars. In addition, investments in public and private charging infrastructure will further aid to market growth.
Electric vehicles utilize high capacity lithium ion batteries which are designed to support rapid charging features. These product enhancements require batteries to be tested at high standards of performance such as cycle life, charging efficiency, thermal stability and others.
Quality of batteries directly impacts on range and power delivery of the vehicle, hence it becomes very important that the batteries meet all the necessary and compliant features for enhanced and safe operations. Increasing sales of electric vehicles and replacement batteries will provide an additional boost to the demand of advanced battery testing equipment across the globe.
Historically between 2020 and 2024 the sales of battery testing equipment recorded CAGR of 3.6% representing a modest growth prospect for the manufacturers. During this period the industry was on recovery mode from COVID with slowed investment in construction sector and marginal growth in the automotive industry. In the past four years the battery sales remained substantial and the industry grew on the back of expansion in electric vehicles demand, energy storage solutions and consumer electronics.
Over the assessment period, the market is expected to witness a CAGR of 4.2% owing to commercialization of next generation and advanced battery technologies, regulatory push for sustainability and launch of AI integrated battery testing systems.
The market for battery testing equipment is fairly consolidated with established players commanding significant share in the market in terms of value. These players collectively hold about 50-55% share in the overall market. The product portfolio of these companies is mainly targeted towards high end applications of electric vehicles, aerospace and grid scale battery testing instruments or apparatus. Thus making them leading in terms of value share. Examples of such companies include Keysight Technologies, Chroma ATE, and Hioki.
The next level of market players collectively hold nearly 25 to 30% of the overall market. The product portfolio of these companies is niche and targeted in nature suiting some of the applications in electronics and renewable energy sector. Examples of such companies include Arbin Instruments, Digatron, and National Instruments.
The relatively fragmented part of the market comprise 15 to 20% of the overall market. The product portfolio of these companies is predominantly targeted towards cost effective solutions, start-ups, research laboratories or smaller manufacturers. Examples of such companies include Midtronics, Kikusui Electronics, and Landt Instruments.
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As per the onset of industrial developments and growth prospects of energy storage industry, the demand outlook for battery testing equipment is quite prominent in leading countries as shown in the table below. Collectively these countries capture substantial share in the overall market and effectively contribute to overall market growth.
Countries | Value CAGR (2025 to 2035) |
---|---|
USA | 3.7% |
China | 5.5% |
Germany | 3.2% |
Japan | 2.8% |
South Korea | 4.3% |
China leads the global market in both producing and consuming battery testing equipment because it dominates the production of batteries, especially for electric vehicles (EVs), consumer electronics, and renewable energy storage. The country has a huge manufacturing base and is home to major battery makers like CATL and BYD. This makes it a key consumer of testing equipment to ensure the quality and safety of batteries.
China also invests heavily in research and development (R&D) to improve battery technologies and create more efficient solutions. Government policies support the growth of industries such as electric vehicles and renewable energy, which further increases the need for reliable battery testing equipment.
The country’s ability to produce large quantities of high-quality batteries and the constant drive for innovation create a strong market for battery testing technologies. As a result, China plays a crucial role in shaping the global battery testing equipment industry, influencing both production and global demand.
The United States plays a crucial role in the production of battery testing equipment, driven by its strong presence in advanced technology and innovation. The USA is home to numerous companies that specialize in battery testing, particularly for electric vehicle (EV) batteries, renewable energy storage systems, and high-performance electronics. As the demand for EVs and renewable energy solutions grows, the need for reliable battery testing equipment has surged.
The USA boasts strong research and development (R&D) capabilities, which foster continuous advancements in battery testing technologies. These innovations are essential for meeting the performance, safety, and longevity standards required for modern batteries. Many USA-based companies lead in creating cutting-edge battery testing equipment that integrates the latest technologies such as automation, real-time monitoring, and artificial intelligence.
Key players in the market include Keysight Technologies, National Instruments, and Neware, which provide a range of solutions for testing batteries in electric vehicles, energy storage, and consumer electronics. These companies’ expertise in testing systems for precise measurements, battery management systems (BMS), and cycle testing positions the USA as a leader in the global battery testing equipment industry.
Germany is rapidly growing in the battery testing equipment market due to its strong automotive industry and focus on renewable energy. The country is a global leader in the automotive sector, with major companies like Volkswagen, BMW, and Mercedes-Benz driving demand for high-performance batteries, especially for electric vehicles (EVs). As Germany shifts toward electric mobility, there is an increasing need for reliable battery testing to ensure the safety, efficiency, and longevity of EV batteries.
Germany is also investing heavily in renewable energy technologies, particularly solar and wind power, which require energy storage systems. These systems rely on advanced batteries that need thorough testing to ensure they meet performance standards. This growing focus on sustainable energy drives the demand for testing equipment in the renewable energy sector.
Also, Germany's high-quality precision engineering and strong research and development capabilities have made it a leader in producing advanced battery testing technologies. Companies like AVL List GmbH and Test birds are at the forefront, creating specialized testing solutions for the automotive and industrial battery sectors. This combination of automotive strength, renewable energy focus, and technological innovation fuels Germany's growth in the battery testing equipment market.
The section explains the share of the leading segments in the industry. In terms of Equipment Type, the Battery Monitoring Systems category will likely dominate and generate a share of around 36.7% in 2024.
Segment | Battery Monitoring Systems (Equipment Type) |
---|---|
Value Share (2024) | 36.7% |
Battery Monitoring Systems (BMS) have emerged as the largest segment in the battery testing equipment market due to the increasing reliance on lithium-ion batteries in key industries like electric vehicles (EVs) and renewable energy storage. These batteries, used in EVs, solar, and wind power storage, require continuous monitoring for optimal performance and safety.
BMS are essential for tracking critical parameters such as voltage, temperature, and current, ensuring the battery operates efficiently and preventing risks like overcharging, overheating, or short circuits. The growing adoption of electric vehicles is one of the main factors driving this demand, as manufacturers and consumers alike require high-performance, safe battery systems.
Furthermore, the global transition to renewable energy has led to an increased need for reliable energy storage solutions, which rely on high-capacity batteries. With the growing demand for both EVs and renewable energy systems, the need for advanced BMS technology has skyrocketed, securing its place as the dominant segment in the battery testing market.
Segment | Stationary (Modularity Type) |
---|---|
Value Share (2024) | 63.3% |
The stationary batteries segment is projected to capture over 63.3% of the market share in 2024, reflecting its dominant position in applications such as energy storage and backup power systems. This segment is primarily designed for fixed, non-mobile applications, making it indispensable in industries like telecommunications, data centers, and renewable energy storage.
The growth of stationary batteries is largely driven by the increasing demand for reliable backup power systems in critical sectors such as telecommunications, where uptime is crucial. Additionally, stationary batteries are designed for longevity and consistent performance, which are essential for grid stability and energy storage in renewable energy systems.
In comparison, while portable batteries are vital for mobile applications like consumer electronics, they do not experience the same scale or demand as stationary systems. The growing emphasis on renewable energy integration and grid reliability is propelling more investment into stationary battery solutions, solidifying their dominant market share in the battery testing equipment industry.
The section provides comprehensive assessments and insights that highlight current opportunities and emerging trends for companies in developed and developing countries. It analyses advancements in manufacturing and identifies the latest trends poised to drive new applications in the industries.
A few key players in the battery testing equipment industry are actively enhancing capabilities and resources to cater to the growing demand for the compound across diverse applications. Leading companies also leverage partnership and joint venture strategies to co-develop innovative products and bolster resource base.
Significant players are further introducing new products to address the increasing need for cutting-edge solutions in various end-use sectors. Geographic expansion is another important strategy that is being embraced by reputed companies. Start-ups are likely to emerge in the sector through 2035, thereby making it more competitive.
Industry Updates
In terms of Equipment Type, the industry is divided Hydrometers, Battery Monitoring Systems, Battery Voltage Monitor, Battery Capacity Tester, Ground Fault Simulator and Others
In terms of Modularity Type, the industry is divided into Stationary and Portable
In terms of End Use Industry, the industry is divided into Electronics, Automotive, Aerospace, Medical and Others.
Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia, Middle East and Africa (MEA), have been covered in the report.
The global market was valued at USD 552.4 million in 2024.
The global market is set to reach USD 575.7 million in 2025.
Global demand is anticipated to rise at 4.2% CAGR.
The industry is projected to reach USD 868.7 million by 2035.
Keysight Technologies, Chroma ATE, Hioki, Arbin Instruments, Digatron National Instruments, Fluke, AMETEK INC., Midtronics, Kikusui Electronics Corporation. are prominent companies.
Expected Market Value (2022) | USD 5.7 Billion |
---|---|
Anticipated Forecast Value (2032) | USD 27.7 Billion |
Projected CAGR (2022 to 2032) | 17.1% |
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