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Rising Demand for Efficient Battery Testing Boosts Battery Cyclers Market to $1,609 Million by 2029

07-04-2024 05:29 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

Rising Demand for Efficient Battery Testing Boosts Battery

The global battery cyclers market size is anticipated to grow from USD 794 million in 2024 to USD 1,609 million by 2029, at a CAGR of 15.2% from 2024 to 2029. Battery cyclers employ three main testing stages: cell, module, and pack testing. Cell testing evaluates individual battery cells' behavior, capacity, efficiency, and degradation over cycles, providing insights into their quality and lifespan. Module testing assesses groups of cells within modules, ensuring their collective performance and safety. Pack testing extends evaluation to complete battery packs, ensuring overall performance and reliability. Each stage is vital for ensuring battery quality and safety in applications like electric vehicles and energy storage systems.

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Pack Testing function segment to grow at an impressive CAGR during the forecast period. The pack testing function of battery cyclers involves testing battery packs in end-of-line (EOL) production to conduct a comprehensive Pass/Fail check. This testing phase includes assessing various aspects such as mechanism assembly, pressure insulation, Battery Management System (BMS) communication, internal high voltage relay parts, battery balance, and temperature distribution. By performing pack testing, manufacturers can ensure that the assembled battery packs meet quality standards, function correctly, and are safe for use in applications like electric vehicles and energy storage systems. The purpose of pack testing in battery development is to ensure that each pack subsystem, including external hardware, safety mechanisms, and BMS, performs efficiently, guaranteeing the overall functionality, safety, and performance of battery packs and modules to meet required specifications and standards for reliable operation in various applications.

By battery type, the nickel-based batteries segment is expected to gain a significant market share during the forecast period. Battery cycles play a pivotal role in optimizing the performance and safety of nickel-based batteries, including nickel metal hydride (NiMH) and nickel-cadmium (NiCd) variants, which find widespread use across various industries. However, they require precise control during charging to prevent overheating and ensure safe operation, a challenge addressed by battery cyclers. One critical aspect addressed by battery cyclers is peak voltage control, particularly crucial for nickel-based batteries susceptible to overheating during charging. By offering precise control over peak voltage levels, cyclers mitigate the risk of overheating, safeguarding both battery integrity and user safety.

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The consumer electronics industry segment is projected to grow at a significant CAGR during the forecast period. Battery cyclers are used for batteries in consumer electronics to analyze battery function through charge/discharge cycles, measure parameters such as capacity, efficiency, and self-discharge, and ensure the quality and longevity of batteries in devices like smartphones and laptops. They are essential for research and development, quality control, and academic research in the consumer electronics industry. Battery cyclers are also suitable for use with capacitors and supercapacitors and can simulate real-life activity, like the profile of an electric car driving in an urban area during rush hour. High-precision coulometry is used to determine the lifespan of batteries in a relatively short period without the need to operate at elevated temperatures, and EIS (Electrochemical Impedance Spectroscopy) is used to monitor and control the degradation of the battery, especially in the low-frequency range.

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