Motorcycle Batteries Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 – 2026

Introduction

Increasing population is greatly demanding vehicle for ease of transportation. At present motorcycle is one of the most trending transport medium across the globe. With the increasing demand for ease of transport vehicles, demand for motorcycle batteries is also emerging simultaneously.

Market Dynamics

Increasing demand for lithium-ion batteries is driving the market growth due to its key properties of high resistance to self-discharge among others. In addition, preference for absorbed glass mat (AGM) start-stop technology is also driving the overall market. Lithium ion batteries are not as tough as some other rechargeable technologies. They require safeguard from being over charged which affect their market growth. Improvement and advancement of super capacitors as next-generation batteries is expected to drive the growth of this market in near future. The power of storing charge in super capacitors can be reliable and fast. In terms of power density lead-acid batteries are much recessive to super capacitors. They can be charged rapidly in comparison to lead-acid batteries. Hence, use of super capacitors is expected to boost increase significantly in near future.

Market Classification and Overview

The market can be bifurcated on the basis of type, and geography. By type, motorcycle batteries market can be segmented into lithium-ion batteries, lead-acid batteries. The inclination for lithium-ion batteries is growing since it has a great resistance to self-discharge. These batteries can hold the charge for many months as their self-discharging is lower in evaluation to the self-discharge of average lead-acid batteries. Lead-acid batteries drop its effectiveness with time due to the development of sulphates, which gives rise to the immersion of lead plates in the sulphuric acid. On the basis of geography, the motorcycle batteries market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in motorcycle batteries market include Koyo Battery, Robert Bosch GmbH, Dynavolt Renewable Energy Technology Co., Ltd., Johnson Controls International Plc, Southern Batteries Pvt. Ltd., Unibat, GS Yuasa Corporation, Leoch Battery, Exide Technologies, ENERSYS, BS-Battery, and Deltran Battery Tender, among others.

Market Segmentation

Market By Type

Lithium-ion Batteries

Lead-acid Batteries

Market By Region

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa