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[250 Pages Report] The global battery testing equipment market is projected to have a moderate-paced CAGR of 4% during the forecast period. The current valuation of the market is US$ 520 million in 2022. The market value of the global battery testing market is anticipated to reach a high of US$ 770 million by the year 2032. The base year accounted for a valuation of US$ 500 million. This growth is supported by:
However, it is identified that the high maintenance and expenditure on component replacement are some factors that are most likely to impede the expansion of the forum in the long run.
Report Attribute | Details |
---|---|
Estimated Base Year Value (2021) | US$ 500 Million |
Expected Market Value (2022) | US$ 520 Million |
Anticipated Forecast Value (2032) | US$ 770 Million |
Projected Growth Rate (2022 to 2032) | 4% CAGR |
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The U.S is projected to have the largest number of battery testing equipment, industries, and component manufacturers in the world. There is a rise in military expenditure witnessed in this country, coupled with a growing development of electric vehicles by companies like Tesla and others, which is expected to provide lucrative growth opportunities to the battery testing equipment market in the near future.
In the base year, the Asia Pacific region accounted for a market valuation of US$ 110.60 million and is projected to record a CAGR of 5.8% during the forecast period. This growth can be attributed to the growing investment by prominent vehicle manufacturing firms and favorable government norms regarding vehicle manufacturing across the region. Furthermore, there is a rise in the development of green vehicles and electric vehicles, stirring up the dynamics for the Asia Pacific.
Furthermore, The European region is anticipated to advance at a steady pace through the forecast period as it is identified that U.K and Germany are creating a diverse range of battery testing equipment, coupled with the development of eVTOLs. Government initiatives are being undertaken, which are likely to further propel the growth and strengthen the foothold of the manufacturers in this region.
The expert analysts at FMI have revealed that the new entrants and the prevailing manufacturers of the battery testing equipment market are continually developing the products for more adoption by the different industry verticals across the globe. The competitive analysis unravels the fact that numerous developments are being undertaken by prominent players, as well as start-up companies in this sphere.
Recently, Keysight Technologies, Inc. has collaborated with Proventil Oy for improving electric vehicle battery test solutions. Batron Energi, a start-up firm is developing an LFP Lithium battery that provides boat operators and the marine sector with a green alternative for powering their vehicles. Besides this, Batron Aqua is a meticulously built demanding application. It is an IP67-rated performance battery to reliably power electric motors and is estimated to have a much higher energy capacity than conventional batteries.
Therefore, with all the technological advancements and innovations going on, it is anticipated that the battery testing equipment market is likely to have significant growth during the forecast period.
The growing disposable income of citizens in developing economies such as China, India, South Korea, and others has raised demand for automobiles. Factors such as increased expenditures by notable vehicle manufacturing businesses and favorable government regulations governing vehicle production in Asia Pacific are likely to support the region's battery testing equipment market expansion.
There are two types of battery testing equipment: stationary and portable. Furthermore, various pieces of equipment can be categorized based on their function, such as cell testing, module testing, and pack testing. They find widespread application in the automotive, electronics, and telecommunications sectors.
Technological improvements have resulted in an increase in demand for portable items like as powered tools, etc., which is indirectly boosting the need for battery testing equipment. Battery testing equipment with highly computerized characteristics, as well as current and user-friendly features like as touch screen control is becoming available on the market.
Consumers are more proud of their personalized electronics, and the availability of personalized battery testing equipment reflects this trend of complexity. The massive number of wearable device launches in the market is driving the demand for portable battery testing equipment.
The automobile industry's impending electric future is projected to have the greatest influence on the growth of the battery testing equipment market. Battery testing is done for a long time in the automobile industry to provide a valid basis for battery life warranty. As a result, high precision battery testing equipment shortens this period, resulting in the early conception and production of electric cars.
As a result, the market's evolution of battery testing equipment is being influenced by the need for high precision battery testing equipment. Consumers see instruments and software systems that enable and control the operating condition and life-cycles of batteries as a more cost-effective choice than the practice of recurrent battery changes.
The high maintenance and component replacement costs expected by industrial battery testing equipment pose a global growth barrier to the global battery testing equipment market.
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China, as an electronics manufacturing powerhouse, dominates the battery testing equipment industry. Because of its developed electronics and telecommunications industries, the Asia Pacific market is predicted to grow rapidly after China throughout the projection period. Rising defense spending in nations such as China, and India, among others, is likely to boost the battery testing equipment market in the coming years.
Due to escalating confrontations across shared borders with neighboring nations, developing countries such as India, China, and Indonesia are focusing on upgrading their military capabilities. The growing industrial sectors in countries such as China and India are driving the growth of the battery testing equipment market.
The presence of important manufacturers is projected to be the primary driver of the European market for battery testing equipment. Aerospace and defense, automotive, and healthcare industries are extensively investing in innovative technologies to expand their capacities with advanced machinery and provide better services to clients.
Companies in the France, Sweden, the United Kingdom, and Germany are creating innovative battery testing equipment for their global clients. Additionally, the development of eVTOLs and government initiatives in Germany, to establish urban air transportation infrastructure is projected to fuel the growth of battery testing equipment market participants.
The market for battery testing equipment is developing in places such as South East Asia, where there is a lack of convenient and charging infrastructure and the market is not yet equipped to support the expansion of electric vehicles (EVs). Many new businesses are beginning to set up battery testing and charging rooms. With only a few large manufacturers meeting this demand, there are several chances for global businesses to profit on the battery testing equipment market in this area.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 4% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
FMI projects the global Battery Testing Equipment market to expand at a 4% value CAGR by 2032
Asia Pacific is expected to be the most lucrative region for Battery Testing Equipment market growth
AVL List GmbH, Storage Battery Systems, LLC, Chen Tech Electric., Chroma Systems Solutions, Inc., Megger Group Limited, Greenlight Innovation, Intertek Group plc, Chauvin Arnoux Metrix, and FLIR Systems are some of the market participants identified across the value chain in the global battery testing equipment market.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Equipment Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Equipment Type, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Equipment Type, 2022-2032 5.3.1. Hydrometers 5.3.2. Battery Monitoring Systems 5.3.3. Battery Voltage Monitor 5.3.4. Battery Capacity Tester 5.3.5. Ground Fault Simulator 5.3.6. Others 5.4. Y-o-Y Growth Trend Analysis By Equipment Type, 2017-2021 5.5. Absolute $ Opportunity Analysis By Equipment Type, 2022-2032 Deep-dive segmentation will be available in the sample on request 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Modularity Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Modularity Type, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Modularity Type, 2022-2032 6.3.1. Stationary/ Benchtop 6.3.2. Portable 6.4. Y-o-Y Growth Trend Analysis By Modularity Type, 2017-2021 6.5. Absolute $ Opportunity Analysis By Modularity Type, 2022-2032 Deep-dive segmentation will be available in the sample on request 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By End Use Industry 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End Use Industry, 2017-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End Use Industry, 2022-2032 7.3.1. Electronics 7.3.2. Automotive 7.3.3. Aerospace 7.3.4. Medical 7.3.5. Others 7.4. Y-o-Y Growth Trend Analysis By End Use Industry, 2017-2021 7.5. Absolute $ Opportunity Analysis By End Use Industry, 2022-2032 Deep-dive segmentation will be available in the sample on request 8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021 8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia & Pacific 8.3.6. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Equipment Type 9.2.3. By Modularity Type 9.2.4. By End Use Industry 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Equipment Type 9.3.3. By Modularity Type 9.3.4. By End Use Industry 9.4. Key Takeaways 10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Equipment Type 10.2.3. By Modularity Type 10.2.4. By End Use Industry 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Equipment Type 10.3.3. By Modularity Type 10.3.4. By End Use Industry 10.4. Key Takeaways 11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Equipment Type 11.2.3. By Modularity Type 11.2.4. By End Use Industry 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Equipment Type 11.3.3. By Modularity Type 11.3.4. By End Use Industry 11.4. Key Takeaways 12. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Equipment Type 12.2.3. By Modularity Type 12.2.4. By End Use Industry 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Equipment Type 12.3.3. By Modularity Type 12.3.4. By End Use Industry 12.4. Key Takeaways 13. South Asia & Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Indonesia 13.2.1.4. Malaysia 13.2.1.5. Singapore 13.2.1.6. Australia 13.2.1.7. New Zealand 13.2.1.8. Rest of South Asia & Pacific 13.2.2. By Equipment Type 13.2.3. By Modularity Type 13.2.4. By End Use Industry 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Equipment Type 13.3.3. By Modularity Type 13.3.4. By End Use Industry 13.4. Key Takeaways 14. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country 14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Equipment Type 14.2.3. By Modularity Type 14.2.4. By End Use Industry 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Equipment Type 14.3.3. By Modularity Type 14.3.4. By End Use Industry 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. U.S. 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2021 15.1.2.1. By Equipment Type 15.1.2.2. By Modularity Type 15.1.2.3. By End Use Industry 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2021 15.2.2.1. By Equipment Type 15.2.2.2. By Modularity Type 15.2.2.3. By End Use Industry 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2021 15.3.2.1. By Equipment Type 15.3.2.2. By Modularity Type 15.3.2.3. By End Use Industry 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2021 15.4.2.1. By Equipment Type 15.4.2.2. By Modularity Type 15.4.2.3. By End Use Industry 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2021 15.5.2.1. By Equipment Type 15.5.2.2. By Modularity Type 15.5.2.3. By End Use Industry 15.6. U.K. 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2021 15.6.2.1. By Equipment Type 15.6.2.2. By Modularity Type 15.6.2.3. By End Use Industry 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2021 15.7.2.1. By Equipment Type 15.7.2.2. By Modularity Type 15.7.2.3. By End Use Industry 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2021 15.8.2.1. By Equipment Type 15.8.2.2. By Modularity Type 15.8.2.3. By End Use Industry 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2021 15.9.2.1. By Equipment Type 15.9.2.2. By Modularity Type 15.9.2.3. By End Use Industry 15.10. China 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2021 15.10.2.1. By Equipment Type 15.10.2.2. By Modularity Type 15.10.2.3. By End Use Industry 15.11. Japan 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2021 15.11.2.1. By Equipment Type 15.11.2.2. By Modularity Type 15.11.2.3. By End Use Industry 15.12. South Korea 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2021 15.12.2.1. By Equipment Type 15.12.2.2. By Modularity Type 15.12.2.3. By End Use Industry 15.13. India 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2021 15.13.2.1. By Equipment Type 15.13.2.2. By Modularity Type 15.13.2.3. By End Use Industry 15.14. Thailand 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2021 15.14.2.1. By Equipment Type 15.14.2.2. By Modularity Type 15.14.2.3. By End Use Industry 15.15. Indonesia 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2021 15.15.2.1. By Equipment Type 15.15.2.2. By Modularity Type 15.15.2.3. By End Use Industry 15.16. Malaysia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2021 15.16.2.1. By Equipment Type 15.16.2.2. By Modularity Type 15.16.2.3. By End Use Industry 15.17. Singapore 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2021 15.17.2.1. By Equipment Type 15.17.2.2. By Modularity Type 15.17.2.3. By End Use Industry 15.18. Australia 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2021 15.18.2.1. By Equipment Type 15.18.2.2. By Modularity Type 15.18.2.3. By End Use Industry 15.19. New Zealand 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2021 15.19.2.1. By Equipment Type 15.19.2.2. By Modularity Type 15.19.2.3. By End Use Industry 15.20. GCC Countries 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2021 15.20.2.1. By Equipment Type 15.20.2.2. By Modularity Type 15.20.2.3. By End Use Industry 15.21. South Africa 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2021 15.21.2.1. By Equipment Type 15.21.2.2. By Modularity Type 15.21.2.3. By End Use Industry 15.22. Israel 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2021 15.22.2.1. By Equipment Type 15.22.2.2. By Modularity Type 15.22.2.3. By End Use Industry 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Equipment Type 16.3.3. By Modularity Type 16.3.4. By End Use Industry 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Fluke Corporation 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. Megger Group Limited 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. FEV Software and Testing Solutions 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Greenlight Innovation 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. Chen Tech Electric 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. Eagle Eye Power Solution 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. Thermal Products Solution 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. Arbin Instruments 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. Vertiv Group Corp 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. FLIR Systems 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032 Table 2: Global Market Volume (Units) Forecast by Region, 2017-2032 Table 3: Global Market Value (US$ Mn) Forecast by Equipment Type, 2017-2032 Table 4: Global Market Volume (Units) Forecast by Equipment Type, 2017-2032 Table 5: Global Market Value (US$ Mn) Forecast by Modularity Type, 2017-2032 Table 6: Global Market Volume (Units) Forecast by Modularity Type, 2017-2032 Table 7: Global Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032 Table 8: Global Market Volume (Units) Forecast by End Use Industry, 2017-2032 Table 9: North America Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 10: North America Market Volume (Units) Forecast by Country, 2017-2032 Table 11: North America Market Value (US$ Mn) Forecast by Equipment Type, 2017-2032 Table 12: North America Market Volume (Units) Forecast by Equipment Type, 2017-2032 Table 13: North America Market Value (US$ Mn) Forecast by Modularity Type, 2017-2032 Table 14: North America Market Volume (Units) Forecast by Modularity Type, 2017-2032 Table 15: North America Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032 Table 16: North America Market Volume (Units) Forecast by End Use Industry, 2017-2032 Table 17: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 18: Latin America Market Volume (Units) Forecast by Country, 2017-2032 Table 19: Latin America Market Value (US$ Mn) Forecast by Equipment Type, 2017-2032 Table 20: Latin America Market Volume (Units) Forecast by Equipment Type, 2017-2032 Table 21: Latin America Market Value (US$ Mn) Forecast by Modularity Type, 2017-2032 Table 22: Latin America Market Volume (Units) Forecast by Modularity Type, 2017-2032 Table 23: Latin America Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032 Table 24: Latin America Market Volume (Units) Forecast by End Use Industry, 2017-2032 Table 25: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 26: Europe Market Volume (Units) Forecast by Country, 2017-2032 Table 27: Europe Market Value (US$ Mn) Forecast by Equipment Type, 2017-2032 Table 28: Europe Market Volume (Units) Forecast by Equipment Type, 2017-2032 Table 29: Europe Market Value (US$ Mn) Forecast by Modularity Type, 2017-2032 Table 30: Europe Market Volume (Units) Forecast by Modularity Type, 2017-2032 Table 31: Europe Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032 Table 32: Europe Market Volume (Units) Forecast by End Use Industry, 2017-2032 Table 33: East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 34: East Asia Market Volume (Units) Forecast by Country, 2017-2032 Table 35: East Asia Market Value (US$ Mn) Forecast by Equipment Type, 2017-2032 Table 36: East Asia Market Volume (Units) Forecast by Equipment Type, 2017-2032 Table 37: East Asia Market Value (US$ Mn) Forecast by Modularity Type, 2017-2032 Table 38: East Asia Market Volume (Units) Forecast by Modularity Type, 2017-2032 Table 39: East Asia Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032 Table 40: East Asia Market Volume (Units) Forecast by End Use Industry, 2017-2032 Table 41: South Asia & Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 42: South Asia & Pacific Market Volume (Units) Forecast by Country, 2017-2032 Table 43: South Asia & Pacific Market Value (US$ Mn) Forecast by Equipment Type, 2017-2032 Table 44: South Asia & Pacific Market Volume (Units) Forecast by Equipment Type, 2017-2032 Table 45: South Asia & Pacific Market Value (US$ Mn) Forecast by Modularity Type, 2017-2032 Table 46: South Asia & Pacific Market Volume (Units) Forecast by Modularity Type, 2017-2032 Table 47: South Asia & Pacific Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032 Table 48: South Asia & Pacific Market Volume (Units) Forecast by End Use Industry, 2017-2032 Table 49: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032 Table 50: MEA Market Volume (Units) Forecast by Country, 2017-2032 Table 51: MEA Market Value (US$ Mn) Forecast by Equipment Type, 2017-2032 Table 52: MEA Market Volume (Units) Forecast by Equipment Type, 2017-2032 Table 53: MEA Market Value (US$ Mn) Forecast by Modularity Type, 2017-2032 Table 54: MEA Market Volume (Units) Forecast by Modularity Type, 2017-2032 Table 55: MEA Market Value (US$ Mn) Forecast by End Use Industry, 2017-2032 Table 56: MEA Market Volume (Units) Forecast by End Use Industry, 2017-2032
Figure 1: Global Market Value (US$ Mn) by Equipment Type, 2022-2032 Figure 2: Global Market Value (US$ Mn) by Modularity Type, 2022-2032 Figure 3: Global Market Value (US$ Mn) by End Use Industry, 2022-2032 Figure 4: Global Market Value (US$ Mn) by Region, 2022-2032 Figure 5: Global Market Value (US$ Mn) Analysis by Region, 2017-2032 Figure 6: Global Market Volume (Units) Analysis by Region, 2017-2032 Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032 Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032 Figure 9: Global Market Value (US$ Mn) Analysis by Equipment Type, 2017-2032 Figure 10: Global Market Volume (Units) Analysis by Equipment Type, 2017-2032 Figure 11: Global Market Value Share (%) and BPS Analysis by Equipment Type, 2022-2032 Figure 12: Global Market Y-o-Y Growth (%) Projections by Equipment Type, 2022-2032 Figure 13: Global Market Value (US$ Mn) Analysis by Modularity Type, 2017-2032 Figure 14: Global Market Volume (Units) Analysis by Modularity Type, 2017-2032 Figure 15: Global Market Value Share (%) and BPS Analysis by Modularity Type, 2022-2032 Figure 16: Global Market Y-o-Y Growth (%) Projections by Modularity Type, 2022-2032 Figure 17: Global Market Value (US$ Mn) Analysis by End Use Industry, 2017-2032 Figure 18: Global Market Volume (Units) Analysis by End Use Industry, 2017-2032 Figure 19: Global Market Value Share (%) and BPS Analysis by End Use Industry, 2022-2032 Figure 20: Global Market Y-o-Y Growth (%) Projections by End Use Industry, 2022-2032 Figure 21: Global Market Attractiveness by Equipment Type, 2022-2032 Figure 22: Global Market Attractiveness by Modularity Type, 2022-2032 Figure 23: Global Market Attractiveness by End Use Industry, 2022-2032 Figure 24: Global Market Attractiveness by Region, 2022-2032 Figure 25: North America Market Value (US$ Mn) by Equipment Type, 2022-2032 Figure 26: North America Market Value (US$ Mn) by Modularity Type, 2022-2032 Figure 27: North America Market Value (US$ Mn) by End Use Industry, 2022-2032 Figure 28: North America Market Value (US$ Mn) by Country, 2022-2032 Figure 29: North America Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 30: North America Market Volume (Units) Analysis by Country, 2017-2032 Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 33: North America Market Value (US$ Mn) Analysis by Equipment Type, 2017-2032 Figure 34: North America Market Volume (Units) Analysis by Equipment Type, 2017-2032 Figure 35: North America Market Value Share (%) and BPS Analysis by Equipment Type, 2022-2032 Figure 36: North America Market Y-o-Y Growth (%) Projections by Equipment Type, 2022-2032 Figure 37: North America Market Value (US$ Mn) Analysis by Modularity Type, 2017-2032 Figure 38: North America Market Volume (Units) Analysis by Modularity Type, 2017-2032 Figure 39: North America Market Value Share (%) and BPS Analysis by Modularity Type, 2022-2032 Figure 40: North America Market Y-o-Y Growth (%) Projections by Modularity Type, 2022-2032 Figure 41: North America Market Value (US$ Mn) Analysis by End Use Industry, 2017-2032 Figure 42: North America Market Volume (Units) Analysis by End Use Industry, 2017-2032 Figure 43: North America Market Value Share (%) and BPS Analysis by End Use Industry, 2022-2032 Figure 44: North America Market Y-o-Y Growth (%) Projections by End Use Industry, 2022-2032 Figure 45: North America Market Attractiveness by Equipment Type, 2022-2032 Figure 46: North America Market Attractiveness by Modularity Type, 2022-2032 Figure 47: North America Market Attractiveness by End Use Industry, 2022-2032 Figure 48: North America Market Attractiveness by Country, 2022-2032 Figure 49: Latin America Market Value (US$ Mn) by Equipment Type, 2022-2032 Figure 50: Latin America Market Value (US$ Mn) by Modularity Type, 2022-2032 Figure 51: Latin America Market Value (US$ Mn) by End Use Industry, 2022-2032 Figure 52: Latin America Market Value (US$ Mn) by Country, 2022-2032 Figure 53: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 54: Latin America Market Volume (Units) Analysis by Country, 2017-2032 Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 57: Latin America Market Value (US$ Mn) Analysis by Equipment Type, 2017-2032 Figure 58: Latin America Market Volume (Units) Analysis by Equipment Type, 2017-2032 Figure 59: Latin America Market Value Share (%) and BPS Analysis by Equipment Type, 2022-2032 Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Equipment Type, 2022-2032 Figure 61: Latin America Market Value (US$ Mn) Analysis by Modularity Type, 2017-2032 Figure 62: Latin America Market Volume (Units) Analysis by Modularity Type, 2017-2032 Figure 63: Latin America Market Value Share (%) and BPS Analysis by Modularity Type, 2022-2032 Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Modularity Type, 2022-2032 Figure 65: Latin America Market Value (US$ Mn) Analysis by End Use Industry, 2017-2032 Figure 66: Latin America Market Volume (Units) Analysis by End Use Industry, 2017-2032 Figure 67: Latin America Market Value Share (%) and BPS Analysis by End Use Industry, 2022-2032 Figure 68: Latin America Market Y-o-Y Growth (%) Projections by End Use Industry, 2022-2032 Figure 69: Latin America Market Attractiveness by Equipment Type, 2022-2032 Figure 70: Latin America Market Attractiveness by Modularity Type, 2022-2032 Figure 71: Latin America Market Attractiveness by End Use Industry, 2022-2032 Figure 72: Latin America Market Attractiveness by Country, 2022-2032 Figure 73: Europe Market Value (US$ Mn) by Equipment Type, 2022-2032 Figure 74: Europe Market Value (US$ Mn) by Modularity Type, 2022-2032 Figure 75: Europe Market Value (US$ Mn) by End Use Industry, 2022-2032 Figure 76: Europe Market Value (US$ Mn) by Country, 2022-2032 Figure 77: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 78: Europe Market Volume (Units) Analysis by Country, 2017-2032 Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 81: Europe Market Value (US$ Mn) Analysis by Equipment Type, 2017-2032 Figure 82: Europe Market Volume (Units) Analysis by Equipment Type, 2017-2032 Figure 83: Europe Market Value Share (%) and BPS Analysis by Equipment Type, 2022-2032 Figure 84: Europe Market Y-o-Y Growth (%) Projections by Equipment Type, 2022-2032 Figure 85: Europe Market Value (US$ Mn) Analysis by Modularity Type, 2017-2032 Figure 86: Europe Market Volume (Units) Analysis by Modularity Type, 2017-2032 Figure 87: Europe Market Value Share (%) and BPS Analysis by Modularity Type, 2022-2032 Figure 88: Europe Market Y-o-Y Growth (%) Projections by Modularity Type, 2022-2032 Figure 89: Europe Market Value (US$ Mn) Analysis by End Use Industry, 2017-2032 Figure 90: Europe Market Volume (Units) Analysis by End Use Industry, 2017-2032 Figure 91: Europe Market Value Share (%) and BPS Analysis by End Use Industry, 2022-2032 Figure 92: Europe Market Y-o-Y Growth (%) Projections by End Use Industry, 2022-2032 Figure 93: Europe Market Attractiveness by Equipment Type, 2022-2032 Figure 94: Europe Market Attractiveness by Modularity Type, 2022-2032 Figure 95: Europe Market Attractiveness by End Use Industry, 2022-2032 Figure 96: Europe Market Attractiveness by Country, 2022-2032 Figure 97: East Asia Market Value (US$ Mn) by Equipment Type, 2022-2032 Figure 98: East Asia Market Value (US$ Mn) by Modularity Type, 2022-2032 Figure 99: East Asia Market Value (US$ Mn) by End Use Industry, 2022-2032 Figure 100: East Asia Market Value (US$ Mn) by Country, 2022-2032 Figure 101: East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 102: East Asia Market Volume (Units) Analysis by Country, 2017-2032 Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 105: East Asia Market Value (US$ Mn) Analysis by Equipment Type, 2017-2032 Figure 106: East Asia Market Volume (Units) Analysis by Equipment Type, 2017-2032 Figure 107: East Asia Market Value Share (%) and BPS Analysis by Equipment Type, 2022-2032 Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Equipment Type, 2022-2032 Figure 109: East Asia Market Value (US$ Mn) Analysis by Modularity Type, 2017-2032 Figure 110: East Asia Market Volume (Units) Analysis by Modularity Type, 2017-2032 Figure 111: East Asia Market Value Share (%) and BPS Analysis by Modularity Type, 2022-2032 Figure 112: East Asia Market Y-o-Y Growth (%) Projections by Modularity Type, 2022-2032 Figure 113: East Asia Market Value (US$ Mn) Analysis by End Use Industry, 2017-2032 Figure 114: East Asia Market Volume (Units) Analysis by End Use Industry, 2017-2032 Figure 115: East Asia Market Value Share (%) and BPS Analysis by End Use Industry, 2022-2032 Figure 116: East Asia Market Y-o-Y Growth (%) Projections by End Use Industry, 2022-2032 Figure 117: East Asia Market Attractiveness by Equipment Type, 2022-2032 Figure 118: East Asia Market Attractiveness by Modularity Type, 2022-2032 Figure 119: East Asia Market Attractiveness by End Use Industry, 2022-2032 Figure 120: East Asia Market Attractiveness by Country, 2022-2032 Figure 121: South Asia & Pacific Market Value (US$ Mn) by Equipment Type, 2022-2032 Figure 122: South Asia & Pacific Market Value (US$ Mn) by Modularity Type, 2022-2032 Figure 123: South Asia & Pacific Market Value (US$ Mn) by End Use Industry, 2022-2032 Figure 124: South Asia & Pacific Market Value (US$ Mn) by Country, 2022-2032 Figure 125: South Asia & Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 126: South Asia & Pacific Market Volume (Units) Analysis by Country, 2017-2032 Figure 127: South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 128: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 129: South Asia & Pacific Market Value (US$ Mn) Analysis by Equipment Type, 2017-2032 Figure 130: South Asia & Pacific Market Volume (Units) Analysis by Equipment Type, 2017-2032 Figure 131: South Asia & Pacific Market Value Share (%) and BPS Analysis by Equipment Type, 2022-2032 Figure 132: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Equipment Type, 2022-2032 Figure 133: South Asia & Pacific Market Value (US$ Mn) Analysis by Modularity Type, 2017-2032 Figure 134: South Asia & Pacific Market Volume (Units) Analysis by Modularity Type, 2017-2032 Figure 135: South Asia & Pacific Market Value Share (%) and BPS Analysis by Modularity Type, 2022-2032 Figure 136: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Modularity Type, 2022-2032 Figure 137: South Asia & Pacific Market Value (US$ Mn) Analysis by End Use Industry, 2017-2032 Figure 138: South Asia & Pacific Market Volume (Units) Analysis by End Use Industry, 2017-2032 Figure 139: South Asia & Pacific Market Value Share (%) and BPS Analysis by End Use Industry, 2022-2032 Figure 140: South Asia & Pacific Market Y-o-Y Growth (%) Projections by End Use Industry, 2022-2032 Figure 141: South Asia & Pacific Market Attractiveness by Equipment Type, 2022-2032 Figure 142: South Asia & Pacific Market Attractiveness by Modularity Type, 2022-2032 Figure 143: South Asia & Pacific Market Attractiveness by End Use Industry, 2022-2032 Figure 144: South Asia & Pacific Market Attractiveness by Country, 2022-2032 Figure 145: MEA Market Value (US$ Mn) by Equipment Type, 2022-2032 Figure 146: MEA Market Value (US$ Mn) by Modularity Type, 2022-2032 Figure 147: MEA Market Value (US$ Mn) by End Use Industry, 2022-2032 Figure 148: MEA Market Value (US$ Mn) by Country, 2022-2032 Figure 149: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032 Figure 150: MEA Market Volume (Units) Analysis by Country, 2017-2032 Figure 151: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032 Figure 152: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032 Figure 153: MEA Market Value (US$ Mn) Analysis by Equipment Type, 2017-2032 Figure 154: MEA Market Volume (Units) Analysis by Equipment Type, 2017-2032 Figure 155: MEA Market Value Share (%) and BPS Analysis by Equipment Type, 2022-2032 Figure 156: MEA Market Y-o-Y Growth (%) Projections by Equipment Type, 2022-2032 Figure 157: MEA Market Value (US$ Mn) Analysis by Modularity Type, 2017-2032 Figure 158: MEA Market Volume (Units) Analysis by Modularity Type, 2017-2032 Figure 159: MEA Market Value Share (%) and BPS Analysis by Modularity Type, 2022-2032 Figure 160: MEA Market Y-o-Y Growth (%) Projections by Modularity Type, 2022-2032 Figure 161: MEA Market Value (US$ Mn) Analysis by End Use Industry, 2017-2032 Figure 162: MEA Market Volume (Units) Analysis by End Use Industry, 2017-2032 Figure 163: MEA Market Value Share (%) and BPS Analysis by End Use Industry, 2022-2032 Figure 164: MEA Market Y-o-Y Growth (%) Projections by End Use Industry, 2022-2032 Figure 165: MEA Market Attractiveness by Equipment Type, 2022-2032 Figure 166: MEA Market Attractiveness by Modularity Type, 2022-2032 Figure 167: MEA Market Attractiveness by End Use Industry, 2022-2032 Figure 168: MEA Market Attractiveness by Country, 2022-2032
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