Automotive Battery Testers Market Size, Share, Growth, and Industry Analysis, By Type (Desktop Automotive Battery Testers and Portable Automotive Battery Testers), By Application (Passenger Vehicles and Commercial Vehicles), and by Regional Forecast From 2024 To 2031

Updated On: 15 April 2024

Automotive Battery Testers Market Report Overview

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The global automotive battery testers market size was USD 416.4 million in 2022. As per our research, the market is expected to reach USD 569 million in 2031, exhibiting a CAGR of 3.5% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the automotive battery testers market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Automotive battery testers are devices designed to assess the condition and performance of a vehicle's battery. They are used to determine if a battery needs to be replaced or if it can still function effectively. The main purpose of these testers is to diagnose the state of charge, voltage, and overall health of the battery.

The market is predicted to grow remarkably with an impressive CAGR over the forecast due to the increasing automotive sales, growing awareness of battery maintenance, and electric vehicle (EV) market growth. Additionally, based on the type of product, desktop automotive battery testers and portable automotive battery testers are the widespread type of segment. Whereas, passenger and commercial vehicles are the key application segment in the market to fuel the demand for battery tester. 

COVID-19 Impact: Reduced Automotive Sales Affected the Demand for Battery Testers

During the COVID-19 pandemic, the market faced a slowdown in sales due to a fall in demand for automobiles including electric vehicles. Reduced automotive sales and focus on essential services affected the demand for battery testers. Also, the closure of repair shops and the growing emphasis on contactless services also influenced the market. As well as price fluctuations and changes in consumer behaviour were observed during this dynamic period. As a result, the market's recovery trajectory depended on vaccination efforts and the easing of restrictions in different regions. However, as the limitations have been lifted completely, the market is started to regain momentum post pandemic.

Latest Trends

"Advancements in Battery Testing Technology broaden the Market Opportunities"

The advancement in the automotive industry has a direct influence on the battery tester market. Significantly, as electric vehicles are gaining traction across the world, the demand for battery testers is going to be beneficial. Along with this, ongoing trends and developments in technology affect the demand for the device. The market has seen continuous advancements in testing technology which is leading to more accurate and efficient battery testers. These testers might incorporate sophisticated algorithms and data analysis capabilities to provide comprehensive battery health assessments. In addition to this, the integration of Internet of Things (IoT) and wireless and mobile solutions are also attributed to stimulating the automotive battery testers market growth throughout this projection period. 

Automotive Battery Testers Market Segmentation

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• By Type Analysis

According to type, the market can be bifurcated into Desktop Automotive Battery Testers and Portable Automotive Battery Testers

• By Application Analysis

Based on application, the market can be divided into Passenger Vehicles and Commercial Vehicles.

Driving Factors

"Growing Automotive Industry Support the Demand for the Battery Testers"

The overall growth of the automotive industry, including the production and sales of vehicles, is a significant driver of the automotive battery testers market. As the number of vehicles on the road increases, the need for battery testing and maintenance also rises which will likely augment the growth of the market. 

"Rising Vehicle Electrification Drives the Growth of the Market "

With the rising popularity of electric vehicles (EVs) and hybrid vehicles, the demand for specialized battery testers tailored to the unique needs of electric vehicle batteries has increased. EVs require specific testing equipment due to their higher voltages and different battery chemistries. Therefore, the demand for advanced battery testers is anticipated to aid the market’s growth. 

Restraining Factors

"Economic Uncertainty Can Obstruct the Market Extension"

Economic fluctuations and uncertainties can lead to reduced consumer spending and investment in automotive services and equipment, including battery testers. During economic downturns, consumers and businesses may prioritize essential expenses, leading to a slowdown in demand for non-urgent automotive maintenance tools which can hamper the growth of the market. 

Automotive Battery Testers Market Regional Insights

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"North America Dominates the Market with Well-Established Automotive Repair and Maintenance Networks"

As per market research, North America has a dominance in the market. Specifically, the U.S. and Canada have a significant automotive industry with a large number of vehicles on the road. The presence of well-established automotive repair and maintenance networks, along with a growing emphasis on vehicle diagnostics, drove the demand for automotive battery testers in this region.

Key Industry Players

"Key Players Adopt Market Changes to Maintain a Competitive Edge and Maximize Profitability"

With regard to key players, to generate the highest profit revenue in the automotive battery testers market, companies focus on product differentiation, competitive pricing, and excellent after-sales services. Through market research, key companies help target specific customer segments with the most potential. They also build a strong distribution network and expand into new markets to increase market reach. Strategic partnerships with automotive industry stakeholders and a focus on electric vehicle battery testers offer growth opportunities. Further, through effective marketing and branding strategies they create brand recognition. Continuous innovation, cost management, and adaptation to market changes also contribute to maintaining a competitive edge and maximizing profitability. Moreover, in terms of market revenue, the top three major companies account for the largest automotive battery testers market shares.

List of Market Players Profiled

• Hioki(Japan)
• Midtronics,Inc.(US)
• ZTS,Inc(US)
• AutoMeter Products,Inc.(US)
• Amprobe(US)
• Gardner Bender (US)
• ACT Meters (UK)
• Tenergy Corporation (US)
• Control Company (US)
• Duncan Instruments (Canada)
• Reed-Direct (US)
• Hoyt Electrical Instrument Works (US)
• Kett (US)
• Omega Engineering (US)
• Allied Electronics,Inc. (US)

Report Coverage

This report defines the automotive battery testers market. It emphasizes the market value, expected CAGR, and USD value over the forecast period, before and after the impact of the COVID-19 pandemic restrictions on the international market, and how the industry is going to turn the corner is also stated in the report. The report provides significant market data with its product type and product applications, end-use details, and an idea of the market growth in the future. This report also provides an understanding of the growing market trends and developments and their effects on the market growth, driving factors along with restraining factors that impact the market dynamics. Along with this, the leading region, key players of the market, and their tactics to beat the market competition, sustainable policies, their collaboration, mergers, companies’ profile, previous years’ revenue, profit & loss, and market position based on their share value in the market, are also explained in the report.