Market Overview:
The global lead acid batteries for motorcycle market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for motorcycles across the globe. Lead acid batteries are classified into two types: VRLA (valve regulated lead acid) and flooded lead acid. VRLA batteries are further classified into AGM (absorbent glass mat) and gel type batteries. Flooded lead acid battery is also sub-segmented into starting, lighting, ignition (SLI), traction, and stationary battery applications. By application, the global lead acid motorcycle battery market can be segmented into OEM and aftermarket segments. The OEM segment is expected to account for a major share of the global market during the forecast period owing to rising demand from original equipment manufacturers across regions. However, with increasing penetration of electric vehicles globally, there could be an increased demand for replacement or rechargeable lithium ion or nickel metal hydride motorcycle batteries over traditional Lead Acid Batteries For Motorcycle in coming years which may hamper growth prospects of this Market over forecast period .Regionally, North America dominates the global Lead Acid Batteries For Motorcycle Market followed by Europe due To high adoption rate Of motorcycles In these regions .
Product Definition:
Lead acid batteries are a type of storage battery that uses lead plates and sulfuric acid to create electricity. These batteries are often used in motorcycles because they are relatively inexpensive and can handle a high amount of current.
VRLA Batteries:
Virtual RealityLA (VRLA) batteries are used in lead-acid batteries for electric vehicles. They offer several benefits over conventional ones, such as lower maintenance cost, longer lifespan and performance efficiency among others. The growing demand for Electric Vehicles (EVs), rising concerns regarding global warming and pollution along with strict government regulations to curb the same is expected to drive the market growth of VRLA Batteries in Lead Acid Batteries For Motorcycle Market over the forecast period.
Flooded Batteries:
Flooded batteries are a set of batteries connected in series to provide higher voltage. The lead-acid battery is the most commonly used type of battery. It has several advantages over other types such as it can be recharged even if one cell is dead, it provides better power in low circuits and its cost per amp hour is much lower than any other type of storage battery available today.
Application Insights:
OEMs such as Honda, Yamaha, and Suzuki manufactured these lead-acid batteries for their motorcycles. The OEMs provide the same type of battery pack for all their major models including Goldwing, Super Duke, V-MAX and others. On the other hand, aftermarket companies offer a wide range of replacement batteries that are designed to meet specific performance requirements of individual motorcyclists. These products are available in different forms such as deep cycle (for long journeys) and starting (for frequent starts). Additionally, these types can be categorized based on installation method into wet cell or dry cell depending upon water exposure during installation.
The OEM segment dominated the global market with over 55% share in 2017 owing to extensive product distribution by leading manufacturers across various regions worldwide coupled with high demand from new vehicle owners who have been consistently opting for this option due to its low cost as compared to conventional automotive batteries.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing production and sales of motorcycles in countries, such as China, India, Japan and South Korea. In addition, growing adoption of electric vehicles in countries including China and India is also anticipated to propel demand for lead-acid batteries over the next eight years.
The European region accounted for a significant share of revenue in 2017 owing to high demand from OEMs across major automotive companies including Volkswagen Group; BMW AG; Ford Motor Company; Fiat Chrysler Automobiles N.V.; Mercedes Benz AG Daimler AG; Porsche SE; Renault S.A.; Samsung SDI Co., Ltd.; Skoda Auto Czech Republic BVBA, etc.). Moreover rising environmental concerns have led major companies operating within this region adopt lead acid batteries owing topropel their superior characteristics compared to other battery types (i.e., Li-ion).
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for lead acid batteries, as they are used in most electric vehicles.
- Stringent emission norms: Governments across the world are implementing stringent emission norms, which is leading to an increase in the demand for lead acid batteries as they are used in hybrid and electric vehicles.
- Development of advanced battery technologies: Lead acid battery technology is being replaced by advanced battery technologies such as lithium ion and nickel metal hydride batteries. However, these technologies are expensive and not yet widely available, which will create opportunities for growth of the lead acid battery market during the forecast period.
- Growing popularity of two-wheelers: The popularity of two-wheelers is growing rapidly across emerging economies due to their affordability and convenience factors. This will result in an increase in demand for lead acid batteries used in two-wheelers during the forecast period.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Lead Acid Batteries For Motorcycle Market Research Report
By Type
VRLA Batteries, Flooded Batteries
By Application
OEM, Aftermarket
By Companies
Clarios, Exide Technologies, CSB Battery, GS Yuasa Corporate, Enersys, EAST PENN Manufacturing, FIAMM, Sebang, Atlasbx, Amara Raja, C&D Technologies, Trojan, NorthStar Battery, Midac Power, ACDelco, Banner batteries, First National Battery, Chaowei Power
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Lead Acid Batteries For Motorcycle Market Report Segments:
The global Lead Acid Batteries For Motorcycle market is segmented on the basis of:
Types
VRLA Batteries, Flooded Batteries
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Clarios
- Exide Technologies
- CSB Battery
- GS Yuasa Corporate
- Enersys
- EAST PENN Manufacturing
- FIAMM
- Sebang
- Atlasbx
- Amara Raja
- C&D Technologies
- Trojan
- NorthStar Battery
- Midac Power
- ACDelco
- Banner batteries
- First National Battery
- Chaowei Power
Highlights of The Lead Acid Batteries For Motorcycle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- VRLA Batteries
- Flooded Batteries
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lead Acid Batteries For Motorcycle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lead acid batteries are a type of battery that uses lead and lead oxide as the primary cell material. Lead acid batteries are used in a variety of applications, including motorcycling, golf carts, and other small electric vehicles.
Some of the major companies in the lead acid batteries for motorcycle market are Clarios, Exide Technologies, CSB Battery, GS Yuasa Corporate, Enersys, EAST PENN Manufacturing, FIAMM, Sebang, Atlasbx, Amara Raja, C&D Technologies, Trojan, NorthStar Battery, Midac Power, ACDelco, Banner batteries, First National Battery, Chaowei Power.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lead Acid Batteries For Motorcycle Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lead Acid Batteries For Motorcycle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lead Acid Batteries For Motorcycle Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lead Acid Batteries For Motorcycle Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lead Acid Batteries For Motorcycle Market Size & Forecast, 2020-2028
4.5.1 Lead Acid Batteries For Motorcycle Market Size and Y-o-Y Growth
4.5.2 Lead Acid Batteries For Motorcycle Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 VRLA Batteries
5.2.2 Flooded Batteries
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lead Acid Batteries For Motorcycle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lead Acid Batteries For Motorcycle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 VRLA Batteries
9.6.2 Flooded Batteries
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 VRLA Batteries
10.6.2 Flooded Batteries
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 VRLA Batteries
11.6.2 Flooded Batteries
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 VRLA Batteries
12.6.2 Flooded Batteries
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 VRLA Batteries
13.6.2 Flooded Batteries
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lead Acid Batteries For Motorcycle Market: Competitive Dashboard
14.2 Global Lead Acid Batteries For Motorcycle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Clarios
14.3.2 Exide Technologies
14.3.3 CSB Battery
14.3.4 GS Yuasa Corporate
14.3.5 Enersys
14.3.6 EAST PENN Manufacturing
14.3.7 FIAMM
14.3.8 Sebang
14.3.9 Atlasbx
14.3.10 Amara Raja
14.3.11 C&D Technologies
14.3.12 Trojan
14.3.13 NorthStar Battery
14.3.14 Midac Power
14.3.15 ACDelco
14.3.16 Banner batteries
14.3.17 First National Battery
14.3.18 Chaowei Power
