Battery Analyzer Market Analysis

Type (Stationary, Portable)

The battery analyzer market is segmented and analyzed for demand and supply by type into portable and stationary. Out of this, the portable segment is anticipated to account for the largest market share by the end of 2037. The growth of the market is driven by the growing demand for battery analyzers in UPS batteries and for on-site battery analyzers. As per the data, the global UPS batteries market accounted for a market revenue of USD 170 million in 2020. The rise in the demand for simple functioning-based, compact design, and rugged construction-based batteries is also driving the growth of this segment.

End-user (Automotive, Healthcare, Aviation, Defense, IT & Telecom) 

The market is segmented and analyzed for demand and supply by end users into automotive, IT & telecom, healthcare, aviation, defense, and others. Amongst this, the automotive and IT & Telecom segment is expected to hold the largest market share in the forecast period. The market's expansion is driven by the rising popularity of electric vehicles and the increasing use of battery analyzers in the automotive sector to maintain and track the battery servicing of electric vehicles. However, the expansion of the market in the IT and telecom industries is being accelerated by the spike in demand for portable battery analyzers in telecom networks and data center applications.

Our in-depth analysis of the global market includes the following segments: