Cadex Electronics Inc., a top supplier of Battery Diagnostic Solutions, and CTEK Sweden AB, a global leader in battery management systems, today announced a ground-breaking strategic alliance. Through this partnership, two technology trailblazers will work together to introduce a radical new method of battery testing in the automobile sector.
Chroma ATE Inc. makes authentication for battery pack testing simpler. The battery system created for each unique vehicle type is the key distinction between the gas-diesel technology of the past and modern electric vehicle technology. Several authentication levels for diagnostic readings and control of information are put up by manufacturers to prevent security threats such as the loss of sensitive data, tampering with BMS (Battery Management System) data, and charging attempts using fake chargers.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 3691
Published Date: Apr 26, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The increasing requirement to overlook the performance of the battery is the major factor anticipated to drive the growth of the battery analyzer market.
The market is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2023-2035.
Disruption in the supply chain is one of the factors estimated to hamper market growth.
The market in North America is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are Cadex Electronics Inc., Eagle Eye Power Solutions, Chroma ATE Inc., Arbin Instruments, DHC Specialty Corporation, and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by type, battery type, end user, and by region.
The portable segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.