The China battery testing equipment market is projected to register a CAGR of 5.18% during the forecast period, 2021-2026. The key factors propelling the market growth are the rising electric vehicle sales and the flourishing renewable sector.

CHINA BATTERY TESTING EQUIPMENT MARKET FORECAST 2021-2026

China Battery Testing Equipment Market by Product Type (Portable Battery Testing Equipment, Stationary Battery Testing Equipment) Market by Application (Cell Testing, Module Testing, Pack Testing) Market by End-user (Automotive Industry, Telecom Industry, Battery Industry, Battery Testing Labs, Energy Sector, Electronics & Semiconductor Industry, Other End-users)

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China has implemented a long-term strategy of achieving vast adoption of electric cars. As a result, the government offers subsidies to buyers and manufacturers. Also, the number of electric vehicle manufacturers in the country has tripled over the years. In addition, it also dominates the EV battery supply chain. In fact, as per the 2020 UGS, it is among the top five countries with the most lithium resources.

Moreover, China’s electric vehicle charging station market growth is supplemented by its thriving electric vehicle battery industry. Besides, the country has extended incentives for purchasing NEVs (New Energy Vehicles). Furthermore, the rising demand from new vehicles produced is estimated to increase the automotive batteries’ growth. Additionally, decreasing lithium-ion battery prices offer ample growth opportunities.

Xiamen Tmax Battery Equipments Limited manufactures lithium battery equipment and technology. It also offers battery testing equipment. In addition, it provides stationary and portable battery testing equipment for vast applications in multiple industries. The company has offices in Thailand, Germany, the US, and China.

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RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- COUNTRY SNAPSHOT
- COUNTRY ANALYSIS
- KEY GROWTH ENABLERS
- KEY CHALLENGES
KEY ANALYTICS
- IMPACT OF COVID-19 ON CHINA BATTERY TESTING EQUIPMENT MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
  - BUYERS POWER
  - SUPPLIERS POWER
  - SUBSTITUTION
  - NEW ENTRANTS
  - INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- KEY BUYING CRITERIA
MARKET BY PRODUCT TYPE
- PORTABLE BATTERY TESTING EQUIPMENT
- STATIONARY BATTERY TESTING EQUIPMENT
MARKET BY APPLICATION
- CELL TESTING
- MODULE TESTING
- PACK TESTING
MARKET BY END-USER
- AUTOMOTIVE INDUSTRY
- TELECOM INDUSTRY
- BATTERY INDUSTRY
- BATTERY TESTING LABS
- ENERGY SECTOR
- ELECTRONICS & SEMICONDUCTOR INDUSTRY
- OTHER END-USERS
COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
  - PRODUCT LAUNCHES & DEVELOPMENTS
  - PARTNERSHIPS & AGREEMENTS
  - BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
  - ARBIN INSTRUMENTS
  - MEGGER GROUP LIMITED
  - MIDTRONICS INC
  - NEBULA
  - XIAMEN TMAX BATTERY EQUIPMENTS LIMITED

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – CHINA BATTERY TESTING EQUIPMENT

TABLE 2: CHINA BATTERY TESTING EQUIPMENT MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: CHINA BATTERY TESTING EQUIPMENT MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2026 (IN $ MILLION)

TABLE 4: CHINA BATTERY TESTING EQUIPMENT MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: CHINA BATTERY TESTING EQUIPMENT MARKET, BY APPLICATION, FORECAST YEARS, 2021-2026 (IN $ MILLION)

TABLE 6: CHINA BATTERY TESTING EQUIPMENT MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: CHINA BATTERY TESTING EQUIPMENT MARKET, BY END-USER, FORECAST YEARS, 2021-2026 (IN $ MILLION)

TABLE 8: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 9: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 10: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: KEY BUYING CRITERIA

FIGURE 5: CHINA BATTERY TESTING EQUIPMENT MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020

FIGURE 6: CHINA BATTERY TESTING EQUIPMENT MARKET, BY PORTABLE BATTERY TESTING EQUIPMENT, 2021-2026 (IN $ MILLION)

FIGURE 7: CHINA BATTERY TESTING EQUIPMENT MARKET, BY STATIONARY BATTERY TESTING EQUIPMENT, 2021-2026 (IN $ MILLION)

FIGURE 8: CHINA BATTERY TESTING EQUIPMENT MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

FIGURE 9: CHINA BATTERY TESTING EQUIPMENT MARKET, BY CELL TESTING, 2021-2026 (IN $ MILLION)

FIGURE 10: CHINA BATTERY TESTING EQUIPMENT MARKET, BY MODULE TESTING, 2021-2026 (IN $ MILLION)

FIGURE 11: CHINA BATTERY TESTING EQUIPMENT MARKET, BY PACK TESTING, 2021-2026 (IN $ MILLION)

FIGURE 12: CHINA BATTERY TESTING EQUIPMENT MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

FIGURE 13: CHINA BATTERY TESTING EQUIPMENT MARKET, BY AUTOMOTIVE INDUSTRY, 2021-2026 (IN $ MILLION)

FIGURE 14: CHINA BATTERY TESTING EQUIPMENT MARKET, BY TELECOM INDUSTRY, 2021-2026 (IN $ MILLION)

FIGURE 15: CHINA BATTERY TESTING EQUIPMENT MARKET, BY BATTERY INDUSTRY, 2021-2026 (IN $ MILLION)

FIGURE 16: CHINA BATTERY TESTING EQUIPMENT MARKET, BY BATTERY TESTING LABS, 2021-2026 (IN $ MILLION)

FIGURE 17: CHINA BATTERY TESTING EQUIPMENT MARKET, BY ENERGY SECTOR, 2021-2026 (IN $ MILLION)

FIGURE 18: CHINA BATTERY TESTING EQUIPMENT MARKET, BY ELECTRONICS & SEMICONDUCTOR INDUSTRY, 2021-2026 (IN $ MILLION)

FIGURE 19: CHINA BATTERY TESTING EQUIPMENT MARKET, BY OTHER END-USERS, 2021-2026 (IN $ MILLION)

Segmentation

MARKET BY PRODUCT TYPE
- PORTABLE BATTERY TESTING EQUIPMENT
- STATIONARY BATTERY TESTING EQUIPMENT
MARKET BY APPLICATION
- CELL TESTING
- MODULE TESTING
- PACK TESTING
MARKET BY END-USER
- AUTOMOTIVE INDUSTRY
- TELECOM INDUSTRY
- BATTERY INDUSTRY
- BATTERY TESTING LABS
- ENERGY SECTOR
- ELECTRONICS & SEMICONDUCTOR INDUSTRY
- OTHER END-USERS