Report

Global Motorcycle Lead Acid Battery Market Size study, by Vehicle Type (Motorcycles, Scooters), by Sales channel (OEMs, Aftermarket) and Regional Forecasts 2022-2028

  • Publish Date: May,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Motorcycle Lead Acid Battery Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Motorcycle Lead Acid Battery is a lead-acid battery which is the traditional battery used to fire up motorcycle engines. A typical conventional battery uses diluted sulfuric acid and water. The rising prominence of vehicle electrification and growing investment in automobile sector has led to the adoption of Motorcycle Lead Acid Batteries across the forecast period. The rising prominence of electrification of vehicles is due to environmental concerns and a way forward towards the use of green energy. For Instance: as per Statista 302,000 electric vehicles sold in the United States in 2021. However, competition is beginning to gain momentum, and manufacturers such as General Motors are continuing to add new electric vehicle models into their range of vehicles offered. There were higher quarterly sales in 2021 than in 2020, with second-quarter sales peaking at over 118,200 units. Also, with the expanding motorcycle fleet and growing demand for automatic scooters, the adoption & demand for Motorcycle Lead Acid Battery is likely to increase the market growth during the forecast period. However, prevalence of lithium-ion batteries and short life span of batteries impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Motorcycle Lead Acid Battery market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the significant region across the world in terms of market share owing to the developed infrastructure for the electric vehicle and presence of major market players in this region. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as rising demand for motorcycles in various countries such as India and China would create lucrative growth prospects for the Motorcycle Lead Acid Battery market across Asia-Pacific region.

Major market players included in this report are:

Chaowei Power Holdings Limited.

East Penn Manufacturing Co.

Crown Battery Corporation

Hitachi Chemical Company, Ltd.

Furukawa Electric Co., Ltd.

Camel Group Co., Ltd.

EnerSys

Leoch International Technology Limited Inc

Robert Bosch GmbH

Exide Industries Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:

Motorcycles

Scooters

By Sales Channel:

OEMs

Aftermarket

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Motorcycle Lead Acid Battery Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors