Global Motorcycle Lead Acid Battery Market Size, Trends, and Growth Opportunity, By Type (Standard, Cruisers, Sports, Mopeds, Electric), Sales Channel (OEMs, Aftermarket), Product Type (Valve regulated lead acid battery (VRLA) Battery, Flooded Lead-Acid (FLA), Absorbed Glass Mat (AGM), Vented Battery, Other Battery) By Region and forecast till 2027.
Global Motorcycle Lead Acid Battery Market
Global Motorcycle Lead Acid Battery Market was valued at USD 2.42 billion in 2021 and is slated to reach USD 3.10 billion by 2027 at a CAGR of 4.9 % from 2022-2027.
A motorcycle lead acid battery is a type of battery used to power the electrical system of a motorcycle. It is a rechargeable battery that uses lead plates and an electrolyte solution to store and release electrical energy.
Lead acid batteries are the most common type of battery used in motorcycles due to their affordability, reliability, and ability to deliver high current levels. They are also known for their durability and resistance to damage from vibration and shock, which are common in motorcycle applications.
Market Drivers
Motorcycles lead acid batteries are widely used in developing countries, causing a slew of issues such as poor rural roads, traffic congestion, and high gasoline prices. As a result of dealing with these issues, the demand for lead-acid batteries increases. The efficiencies of these batteries range between 80 and 85%. This is significant because it allows the battery to charge faster. During the forecast period, this will be a major factor driving market growth.
The Absorbed Glass Mat (AGM) battery plays an important role in the global motorcycle lead acid battery market. AGM is a valve-regulated lead acid battery that uses an integrated valve to recombine oxygen and hydrogen within the sealed battery as well as excess released gas. These batteries are commonly used in two-wheelers because they provide numerous advantages over other battery types, such as low maintenance, shorter recharge times, only 1-3% self-discharge per month, the highest power density, the best performance in low temperatures, and 80-90% round trip efficiency. As a result of these factors, demand for absorbed glass mat (AGM) batteries rises and the market expands.
Market Restraints
Some of the major factors limiting the market growth are low-cost options in the energy storage space, as well as rising safety concerns about battery usage. The rising popularity of electric vehicles, combined with lead acid batteries' limited usage capacity, will pose additional challenges to market growth during the forecast period.
Impact of COVID-19
Electric motorcycles are two or three-wheeled plug-in electric vehicles. This bike has two or three wheels, a battery, and an electric motor for commuting, long-distance travel and cruising. Electric motorcycles, which include electric bikes, electric mopeds, electric bicycles, and electric scooters, are two-wheeled vehicles powered by an electric motor. These bikes are designed to go faster, with improved high-speed handling and acceleration. The growing investment in vehicle charging infrastructure, as well as the adoption of environmentally friendly vehicles, has resulted in the expansion of the electric motorbike market.
Falling battery prices and increased global oil reserves are driving the rapid adoption of electric motorcycles. The COVID-19 pandemic, on the other hand, has spread throughout the world, slowing the global economy. Manufacturing firms have lost revenue as a result of the lockdowns, and they are now focusing on lowering operational costs, minimizing risks, and maximizing revenues to stay competitive. The automotive industry is one of those that has suffered greatly as a result of the pandemic's spread.
Market Segmentation
Global Motorcycle Lead Acid Battery Market is segmented into By Type, Sales Channel, and Product Type. By Types such as Standard, Cruisers, Sports, Mopeds, and Electric. By Sales channels such as OEMs, Aftermarket. By Product Types such as a Valve regulated lead acid battery (VRLA) Battery, Flooded Lead-Acid (FLA), Absorbed Glass Mat (AGM), Vented Battery, and Other Batteries.
Regional Analysis
The global motorcycle lead acid battery market is divided into five regions: North America, Europe, Asia-Pacific, and the Middle East and Africa. Asia-Pacific leads the motorbike lead acid battery market in terms of revenue growth. This is mainly due to increased motorbike production and expanded data center infrastructure.
Furthermore, rising two-wheeler ownership, and increased government stringent regulations and subsidiaries regarding pollution emissions will likely boost the market growth in this region. North America is expected to be the fastest developing region during the forecast period of 2022-2027 due to advancements in lead-acid battery manufacturing processes in the region. Furthermore, the expanding telecommunications industry, combined with increased oil and gas-related activity as a result of the shale petrol boom, will most likely drive market growth in this region.
Key Players
This report includes a list of numerous Key Players, namely KOYO BATTERY CO., LTD (China), GS Yuasa International Ltd (Japan), Robert Bosch GmbH (Germany), Battery Tender (U.S.), Camel Group Co., Ltd (China), Reem Batteries & Power Appliances Co. SAOC (Dubai), Saft (France), EXIDE INDUSTRIES LTD (India), C&D TECHNOLOGIES, INC. (U.S.), Panasonic Corporation (Japan).
Market Taxonomy
By Type
• Standard
• Cruisers
• Sports
• Mopeds
• Electric
By Sales Channel
• OEMs
• Aftermarket
By Product Type
• Valve-regulated lead acid battery (VRLA) Battery
• Flooded Lead-Acid (FLA)
• Absorbed Glass Mat (AGM)
• Vented Battery
• Other Battery
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Motorcycle Lead Acid Battery Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Motorcycle Lead Acid Battery Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Motorcycle Lead Acid Battery Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Motorcycle Lead Acid Battery Market Share Analysis, By Type
5.3 Global Motorcycle Lead Acid Battery Market Size and Forecast, By Type
5.3.1 Standard
5.3.2 Cruisers
5.3.3 Sports
5.3.4 Mopeds
5.3.5 Electric
6 Global Motorcycle Lead Acid Battery Market, By Sales Channel
6.1 Y-o-Y Growth Comparison, By Sales Channel
6.2 Global Motorcycle Lead Acid Battery Market Share Analysis, By Sales Channel
6.3 Global Motorcycle Lead Acid Battery Market Size and Forecast, By Sales Channel
6.3.1 OEMs
6.3.2 Aftermarket
7 Global Motorcycle Lead Acid Battery Market, By Product Type
7.1 Y-o-Y Growth Comparison, By Product Type
7.2 Global Motorcycle Lead Acid Battery Market Share Analysis, By Product Type
7.3 Global Motorcycle Lead Acid Battery Market Size and Forecast, By Product Type
7.3.1 Valve regulated lead acid battery (VRLA) Battery
7.3.2 Flooded Lead-Acid (FLA)
7.3.3 Absorbed Glass Mat (AGM)
7.3.4 Vented Battery
7.3.5 Other Battery
8 Global Motorcycle Lead Acid Battery Market, By Region
8.1 Global Motorcycle Lead Acid Battery Market Share Analysis, By Region
8.2 Global Motorcycle Lead Acid Battery Market Share Analysis, By Region
8.3 Global Motorcycle Lead Acid Battery Market Size and Forecast, By Region
9 North America Motorcycle Lead Acid Battery Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Motorcycle Lead Acid Battery Market Share Analysis, By Type
9.3 North America Motorcycle Lead Acid Battery Market Size and Forecast, By Product Type
9.4 North America Motorcycle Lead Acid Battery Market Size and Forecast, By Sales Channel
9.5 North America Motorcycle Lead Acid Battery Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 EuropeMotorcycle Lead Acid Battery Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Motorcycle Lead Acid Battery Market Share Analysis, By Type
10.3 Europe Motorcycle Lead Acid Battery Market Size and Forecast, By Product Type
10.4 Europe Motorcycle Lead Acid Battery Market Size and Forecast, By Sales Channel
10.5 Europe Motorcycle Lead Acid Battery Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Motorcycle Lead Acid Battery Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Motorcycle Lead Acid Battery Market Share Analysis, By Type
11.3 Asia Pacific Motorcycle Lead Acid Battery Market Size and Forecast, By Product Type
11.4 Asia Pacific Motorcycle Lead Acid Battery Market Size and Forecast, By Sales Channel
11.5 Asia Pacific Motorcycle Lead Acid Battery Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Motorcycle Lead Acid Battery Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Motorcycle Lead Acid Battery Market Share Analysis, By Type
12.3 Latin America Motorcycle Lead Acid Battery Market Size and Forecast, By Product Type
12.4 Latin America Motorcycle Lead Acid Battery Market Size and Forecast, By Sales Channel
12.5 Latin America Motorcycle Lead Acid Battery Market Size and Forecast, Country
12.5.1. Brazil
12.5.2.Rest of Latin America
13 Middle East Motorcycle Lead Acid Battery Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Motorcycle Lead Acid Battery Market Share Analysis, By Type
13.3 Middle East Motorcycle Lead Acid Battery Market Size and Forecast, By Product Type
13.4 Middle East Motorcycle Lead Acid Battery Market Size and Forecast, By Sales Channel
13.5 Middle East Motorcycle Lead Acid Battery Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 KOYO BATTERY CO., LTD (China)
15.1.1 Overview
15.1.2 Products
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. GS Yuasa International Ltd (Japan)
15.2.1 Overview
15.2.2 Products
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
12.2.6 Key Strategies
15.3. Robert Bosch GmbH (Germany),
15.3.1 Overview
15.3.2 Products
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 EXIDE INDUSTRIES LTD (India)
15.4.1 Overview
15.4.2 Products
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Battery Tender (U.S.)
15.5.1 Overview
15.5.2 Products
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Camel Group Co., Ltd (China)
15.6.1 Overview
15.6.2 Products
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Reem Batteries & Power Appliances Co. SAOC (Dubai)
15.7.1 Overview
15.7.2 Products
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Saft (France)
15.8.1 Overview
15.8.2 Products
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 C&D TECHNOLOGIES, INC. (U.S.)
15.9.1 Overview
15.9.2 Products
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Panasonic Corporation (Japan)
15.10.1 Overview
15.10.2 Products
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
