Battery Cyclers Market Trends, Forecast & Competitive Landscape Report 2025, Featuring Kikusui Electronics, EnerSys, Arbin Instruments, MTI Instruments, BIT BUDDY, Neware Technology and more
1. Growing adoption of EVs drives demand for advanced battery testing solutions. 2. Battery cyclers are critical for simulating battery performance and durability. 3. Integrating AI and IoT enhances the efficiency of battery testing systems. 4. Market valued at $1.2 billion in 2024, expected to reach $1.9 billion by 2030. 5. High costs of advanced cyclers hinder adoption in emerging economies.