Market Overview:
The global motorcycle battery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and the rising popularity of motorcycles as a mode of transportation. The global motorcycle battery market is segmented on the basis of type, application, and region. On the basis of type, it is divided into SLI batteries, AGM batteries, and lithium ion batteries. The SLI battery segment dominates the global motorcycle battery market with a share of more than 60%. This can be attributed to their high performance and long life cycle as compared to other types of batteries available in the market.
Product Definition:
A motorcycle battery is a type of lead-acid battery that is specifically designed for use in motorcycles. Motorcycle batteries are typically smaller and lighter than automotive batteries, and they are often located in the front or back of the bike.
SLI:
SLI, (Single Level Cell) is a type of lithium-ion battery used in electric vehicles. It offers higher energy density than conventional batteries and has the ability to be charged faster. The growth factor for this market is its growing adoption in Electric Vehicles (EVs), as it helps reduce vehicular emissions by up to 20%.
AGM:
AGM stands for Absorbent Glass Mat. These batteries are used in applications where the acid-based electrolyte is required to be completely absorbed into the glass mat, which acts as a protective layer between battery and container. The most common usage of AGM batteries is in golf carts, forklifts, passenger vehicles and motorcycles among others.
Application Insights:
Gas engine/SLI application dominated the global market with a revenue share of over 40.0% in 2017. The segment is projected to witness significant growth during the forecast period, owing to its wide usage in various vehicles such as scooters, go carts and dirt bikes across the globe. The electric drive train segment is also expected to witness considerable growth during the forecast period on account of increasing demand for electric motorcycles from major manufacturers including Honda, Kawasaki and Suzuki among others. These companies are focusing on developing advanced batteries that can withstand high temperatures without undergoing any damage thereby ensuring long-term durability of an electric motorcycle battery pack which will result in increased sales for this segment over the next few years.
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, rising disposable income levels in these countries will contribute toward increased sales of premium two-wheelers.
The European region dominated the global market with a revenue share of more than 35% in 2017 owing to high demand for advanced products with better performance characteristics from consumers/end users. Moreover, stringent regulations by various regulatory bodies regarding use of ecofriendly materials for manufacturing batteries are expected to drive industry growth over the next eight years.
North America is projected to witness significant growth during the forecast period on account of increasing R&D investments by key battery manufacturers coupled with technological advancements within this industry sector pertaining to product design and development processes used across various applications/end user segments including electric vehicles (EVs), hybrid EVs and gas engines driven vehicles (GDEVs).
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of motorcycle racing events
- Rising disposable income of consumers in developing countries
- Proliferation of online retail platforms
- Technological advancements in battery manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Motorcycle Battery Market Research Report
By Type
SLI, AGM, Lithium
By Application
Gas Engine/SLI, Electric Drive Train
By Companies
Chaowei Power, Tianneng Battery, Johnson Controls, GS Yuasa, Exide Technologies, Sebang, Chuanxi Storage, Banner Batteries, Exide Industries, Camel, Nipress, East Penn, Leoch, Yacht, Haijiu, Pinaco, Furukawa Battery, LCB, Tong Yong, RamCar
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Motorcycle Battery Market Report Segments:
The global Motorcycle Battery market is segmented on the basis of:
Types
SLI, AGM, Lithium
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
Gas Engine/SLI, Electric Drive Train
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:
- Chaowei Power
- Tianneng Battery
- Johnson Controls
- GS Yuasa
- Exide Technologies
- Sebang
- Chuanxi Storage
- Banner Batteries
- Exide Industries
- Camel
- Nipress
- East Penn
- Leoch
- Yacht
- Haijiu
- Pinaco
- Furukawa Battery
- LCB
- Tong Yong
- RamCar
Highlights of The Motorcycle Battery 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:
- SLI
- AGM
- Lithium
- By Application:
- Gas Engine/SLI
- Electric Drive Train
- 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 Motorcycle Battery 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A motorcycle battery is a type of electric battery used to power an electric motorcycle.
Some of the key players operating in the motorcycle battery market are Chaowei Power, Tianneng Battery, Johnson Controls, GS Yuasa, Exide Technologies, Sebang, Chuanxi Storage, Banner Batteries, Exide Industries, Camel, Nipress, East Penn, Leoch, Yacht, Haijiu, Pinaco, Furukawa Battery, LCB, Tong Yong, RamCar.
The motorcycle battery market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motorcycle Battery 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 Motorcycle Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motorcycle Battery 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 Motorcycle Battery 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 Motorcycle Battery Market Size & Forecast, 2020-2028
4.5.1 Motorcycle Battery Market Size and Y-o-Y Growth
4.5.2 Motorcycle Battery 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 SLI
5.2.2 AGM
5.2.3 Lithium
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 Gas Engine/SLI
6.2.2 Electric Drive Train
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motorcycle Battery 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 Motorcycle Battery 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 SLI
9.6.2 AGM
9.6.3 Lithium
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 Gas Engine/SLI
9.10.2 Electric Drive Train
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 SLI
10.6.2 AGM
10.6.3 Lithium
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 Gas Engine/SLI
10.10.2 Electric Drive Train
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 SLI
11.6.2 AGM
11.6.3 Lithium
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 Gas Engine/SLI
11.10.2 Electric Drive Train
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 SLI
12.6.2 AGM
12.6.3 Lithium
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 Gas Engine/SLI
12.10.2 Electric Drive Train
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 SLI
13.6.2 AGM
13.6.3 Lithium
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 Gas Engine/SLI
13.10.2 Electric Drive Train
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 Motorcycle Battery Market: Competitive Dashboard
14.2 Global Motorcycle Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chaowei Power
14.3.2 Tianneng Battery
14.3.3 Johnson Controls
14.3.4 GS Yuasa
14.3.5 Exide Technologies
14.3.6 Sebang
14.3.7 Chuanxi Storage
14.3.8 Banner Batteries
14.3.9 Exide Industries
14.3.10 Camel
14.3.11 Nipress
14.3.12 East Penn
14.3.13 Leoch
14.3.14 Yacht
14.3.15 Haijiu
14.3.16 Pinaco
14.3.17 Furukawa Battery
14.3.18 LCB
14.3.19 Tong Yong
14.3.20 RamCar
