Global Power-Sports Battery Market by Type (6V, 12V, 24V, 48V, Others), By Application (Motorcycles, ATVs, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global power-sports battery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and rising disposable income of consumers in developing countries. The global power-sports battery market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 6V, 12V, 24V, 48V, and others. The 12V segment is expected to hold the largest share in terms of revenue in 2018 owing to its high adoption rate across various applications such as motorcycles, ATVs (all terrain vehicles), golf carts, lawn mowers & tractors etc., followed by 24 V and 6 V segments respectively. On account of growing demand for electric two wheelers & four wheelers globally especially from Asia Pacific region; 48 V batteries are projected witness highest CAGR during forecast period 2018-2030 . On application basis , motor cycles held dominant position with more than 60% share contribution in 2017 across all regions followed by ATVs .



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Product Definition:

A power-sports battery is a battery that is specifically designed for use in power sports vehicles, such as motorcycles, all-terrain vehicles (ATVs), and personal watercraft (PWCs). These batteries are typically designed with a higher capacity than standard automotive batteries, allowing them to provide more power for the high-demand applications of these vehicles. They are also typically equipped with features that allow them to withstand the harsh operating conditions of these vehicles, such as extreme temperatures and vibrations.

6V:

6V is the voltage of battery which provides more power to engine for higher performance. It also helps in starting the vehicle, lighting up the headlamps and other accessories. The 6V batteries are used in electric scooters, go-karts, motorbikes and cars among others.

The global market for 6V batteries is expected to witness significant growth over the forecast period owing to increasing demand from various end-use industries such as power sports & marine among others.

12V:

12V is the voltage of power-sports battery. It is used in all types of electric vehicles such as motorbikes, cars & trucks, and others. The higher the voltage, the more powerful vehicle can perform its functions.

Application Insights:

Motorcycles accounted for the largest share in 2015 and are expected to continue leading over the forecast period. The growth is attributed to increasing demand for sporty motorcycles with high power output from end-users across various regions. In addition, growing sales of electric motorcycles in Europe and North America are expected to drive industry growth over the next eight years.

ATVs also held a significant market share in 2015 owing to its ability to combine performance with utility, at an affordable cost. Growing demand for off-road vehicles equipped with state-of-the art technology is anticipated fuel industry expansion during the forecast period. Rising use of advanced batteries among consumers who require long life cycles coupled with durability is projected boost product demand during this same period frame work wise ¢â‚¬ËœOther¢â‚¬â„¢s application segment includes marine, forklifts etc.

Regional Analysis:

North America is expected to be the largest regional market over the forecast period owing to increasing demand for power-sports batteries in U.S. and Canada on account of rising popularity of off-road vehicles including ATVs, UTVs, and motorcycles. In addition, growing trend of electric vehicle is further anticipated to propel industry growth in North America region over the forecast period.

Growth Factors:

Increasing demand for electric vehicles
Growing popularity of power sports activities
Rising disposable income of consumers in developing countries
Technological advancements in battery manufacturing process
Government initiatives to promote the use of electric vehicles


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Scope Of The Report
Report Attributes
Report Details
Report Title
Power-Sports Battery Market Research Report
By Type
6V, 12V, 24V, 48V, Others
By Application
Motorcycles, ATVs, Others
By Companies
Clarios, Crown Battery, Discover Battery, East Penn Manufacturing Company, EnerSys, Exide Technologies, Fullriver Battery, Go Power!, GS Yuasa Corporation, Harris Battery, Interstate Batteries, Johnson Controls, Lifeline, MIDAC Batteries, Navitas Systems, Power Sonic Corporation, ELiON Batteries, Scorpion Battery, Inc., Skyrich Powersport Batteries, Smart Battery, Trojan Battery, U.S. Battery, Unibat
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.

Global Power-Sports Battery Market Report Segments:
The global Power-Sports Battery market is segmented on the basis of:
Types
6V, 12V, 24V, 48V, Others
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
Motorcycles, ATVs, Others
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
Crown Battery
Discover Battery
East Penn Manufacturing Company
EnerSys
Exide Technologies
Fullriver Battery
Go Power!
GS Yuasa Corporation
Harris Battery
Interstate Batteries
Johnson Controls
Lifeline
MIDAC Batteries
Navitas Systems
Power Sonic Corporation
ELiON Batteries
Scorpion Battery, Inc.
Skyrich Powersport Batteries
Smart Battery
Trojan Battery
U.S. Battery
Unibat



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Highlights of The Power-Sports 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:
6V
12V
24V
48V
Others
By Application:
Motorcycles
ATVs
Others
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 Power-Sports 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

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