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Automotive Battery Tester Market Analysis

  • Report ID: GMI7155
  • Published Date: Nov 2023
  • Report Format: PDF

Automotive Battery Tester Market Analysis

Based on technology, the market is categorized into simple testers and integrated testers. The simple tester segment held major market share in 2022. Simple testers offer ease of use and cost-effectiveness. They cater to a broad customer base including individual vehicle owners and smaller garages. Their user-friendly interface and easy operation make them accessible to a wide audience. These testers assess battery health, which is sufficient for routine maintenance and replacement decisions. This simplicity and affordability have made them the preferred choice in the automotive battery tester industry.
 

Automotive Battery Tester Market Revenue Share, By Application, 2022

Based on application, the market is divided into aftermarket and OEM. The aftermarket segment held around 60% market share in 2022 and is poised for significant growth over the forecast period. Automotive aftermarket services including repair shops and independent technicians rely on battery testers to address these needs. Furthermore, the trend toward prolonging the lifespan of existing vehicles, along with the expanding EV market, is expected to boost the aftermarket segment growth as batteries require regular inspection and maintenance.
 

Asia Pacific Automotive Battery Tester Market Size, 2021-2032 (USD Billion)

Asia Pacific held a dominant market with a revenue of USD 0.3 billion in 2022 and is poised for significant growth over the forecast period. Automotive aftermarket services including repair shops and independent technicians rely on battery testers to address these needs. Furthermore, the trend toward prolonging the lifespan of existing vehicles, along with the expanding EV market, is expected to boost the aftermarket segment growth as batteries require regular inspection and maintenance.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Industry size for automotive battery tester was USD 0.8 billion in 2022 and is anticipated to witness over 3% CAGR between 2023 and 2032 due to the increasing adoption of electric vehicles (EVs) worldwide

The aftermarket application segment held 60% of the automotive battery tester industry share in 2022 owing to the surge in services, such as repair shops and independent technicians relying on battery testers to address these needs

Asia Pacific market size for automotive battery tester reached USD 0.3 billion in 2022 and is poised to witness significant growth up to 2032 due to the rising trend toward prolonging the lifespan of existing vehicles in the region

Some of the well-known automotive battery tester companies are Midtronics, Inc., Associated Equipment, Schumacher Electric Corporation, Bosch Automotive Service Solutions Inc., Autometer Products, IEC, and MotoBatt

Automotive Battery Tester Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 322
  • Countries covered: 22
  • Pages: 230
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