Abstract
Summary
The report incorporates the study of the global motorcycle battery market that focuses on the two-wheeled vehicle battery used in ICE or electric vehicles. Batteries used in motorcycles are used to power components used in a motorcycle and helps in smoother ignition of ICE vehicles. Some commonly available EV batteries include lithium-ion, nickel-metal hydride, and lead-acid batteries. These batteries find their wider application in different type of vehicles such as ICE & electric based. They assist in minimizing carbon emissions, eliminating fuel dependency, reducing maintenance costs, and generating high energy per unit mass.
Developments have been carried out by the key players operating across the globe for offering durable motorcycle batteries, which created a wider scope for the growth of the market across the globe. Companies such as EXIDE INDUSTRIES LTD., KOYO BATTERY CO., LTD., and Amara Raja Group have been offering a wider range of two-wheeler batteries, which supplements the growth of the market across the globe.
The motorcycle battery market is witnessing significant growth, driven by a surge in motorcycle ownership across the globe. The increase in popularity of motorcycles as a cost-effective and fuel-efficient mode of transportation, coupled with a rise in affinity for recreational riding, has fueled the demand for reliable and high-performance batteries. Governments of various countries have taken initiatives to reduce carbon footprints by encouraging use of electric bikes, electric vehicles, and bicycles, owing to rise in awareness toward hazardous effects of using vehicles running on fossil fuels. Moreover, governments across the globe are coaxing vehicle manufacturers to reduce carbon emissions caused by diesel fuel combustion and tackle greenhouse gas emissions, in turn, pushing them to invest in developing electric vehicles.
In addition, governments around the world are supporting the purchase of electric vehicles, in terms of tax credits and incentives. Moreover, central governments of a few countries such as India, China, and Japan are providing exemption from highway toll tax for electric vehicles. For instance, for faster adoption of electric vehicles, the government of India plans to lower the goods & service tax (GST) on EVs from 5% to 12%. Similarly, the government of South Korea has announced that it will be providing $900 million tax exemptions and subsidies for development and purchase of electric and fuel cell vehicles. Thus, increase in government support for development and purchase of electric vehicles, in terms of tax credits, subsidies and incentives, is one of the major factors that is anticipated to propel the demand for electric vehicles, which in turn is projected to generate lucrative market opportunity for the growth of motorcycle battery market in the forecast period.
Factors such as growth in demand for zero emission vehicles and reduction in cost of electric vehicle batteries drives the growth of the market across the globe. However, factors such as stringent lead pollution norms and instability in the prices of the raw material creates a barrier affecting the growth of the market across the globe. Moreover, factors such as evolution of lithium-ion technology and proactive government initiatives are the factors that create lucrative opportunities for the growth of the market across the globe.
The key players profiled in the report are Exide Industries LTD., Scorpion Battery, Inc., Robert Bosch GmbH, SF Batteries, KOYO Battery Co., Ltd., GS Yuasa International Ltd., BS Battery, Amara Raja Group, LEOCH International Technology Limited Inc, and Johnson Controls.
Key Benefits For Stakeholders
●This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the motorcycle battery market analysis from 2024 to 2034 to identify the prevailing motorcycle battery market opportunities.
●The market research is offered along with information related to key drivers, restraints, and opportunities.
●Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
●In-depth analysis of the motorcycle battery market segmentation assists to determine the prevailing market opportunities.
●Major countries in each region are mapped according to their revenue contribution to the global market.
●Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
●The report includes the analysis of the regional as well as global motorcycle battery market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
● Quarterly Update and* (only available with a corporate license, on listed price)
● 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
● Free Upcoming Version on the Purchase of Five and Enterprise User License.
● 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
● 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
● Free data Pack on the Five and Enterprise User License. (Excel version of the report)
● Free Updated report if the report is 6-12 months old or older.
● 24-hour priority response*
● Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
● Additional company profiles with specific to client's interest
● SWOT Analysis
Key Market Segments
By Type
● Dry cell battery
● Gel motorcycle battery
● Wet cell battery
By Battery Type
● Lithium-ion battery
● Lead-acid battery
● Others
By Motorcycle Type
● Standard
● Sports
● Cruiser
● Others
By Propulsion Type
● Internal Combustion Engine (ICE)
● Electric
By Region
● North America
○ U.S.
○ Canada
○ Mexico
● Europe
○ UK
○ Germany
○ France
○ Italy
○ Rest of Europe
● Asia-Pacific
○ China
○ Japan
○ India
○ South Korea
○ Rest of Asia-Pacific
● LAMEA
○ Latin America
○ Middle East
○ Africa
● Key Market Players
○ EXIDE INDUSTRIES LTD.
○ Robert Bosch GmbH
○ SF Batteries
○ GS Yuasa International Ltd.
○ Amara Raja Group
○ Johnson Controls
○ Scorpion Battery, Inc.
○ KOYO BATTERY CO., LTD.
○ BS BATTERY
○ leoch International Technology Limited Inc
Table of Contents
1 INTRODUCTION
1.1 Report description
1.2 Key market segments
1.3 Key benefits to the stakeholders
1.4 Research methodology
1.4.1 Primary research
1.4.2 Secondary research
1.4.3 Analyst tools and models
2 EXECUTIVE SUMMARY
2.1 CXO Perspective
3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.3 Porter’s five forces analysis
3.3.1 Low bargaining power of suppliers
3.3.2 Low threat of new entrants
3.3.3 Low threat of substitutes
3.3.4 Low intensity of rivalry
3.3.5 Low bargaining power of buyers
3.4 Market dynamics
3.4.1 Drivers
- 3.4.1.1 Growth in demand for zero emission vehicles
- 3.4.1.2 Reduction in cost of electric vehicle batteries
3.4.2 Restraints
- 3.4.2.1 Stringent lead pollution norms
- 3.4.2.2 Instability in the prices of the raw material
3.4.3 Opportunities
- 3.4.3.1 Evolution of lithium-ion technology
- 3.4.3.2 Proactive government initiatives
4 MOTORCYCLE BATTERY MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Wet cell battery
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Dry cell battery
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Gel motorcycle battery
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
5 MOTORCYCLE BATTERY MARKET, BY BATTERY TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Lithium-ion battery
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Lead-acid battery
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Others
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
6 MOTORCYCLE BATTERY MARKET, BY MOTORCYCLE TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Standard
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Sports
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Cruiser
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
7 MOTORCYCLE BATTERY MARKET, BY PROPULSION TYPE
7.1 Overview
7.1.1 Market size and forecast
7.2 Internal Combustion Engine (ICE)
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3 Electric
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
8 MOTORCYCLE BATTERY MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast By Region
8.2 North America
8.2.1 Key market trends, growth factors and opportunities
8.2.2 Market size and forecast, by Type
8.2.3 Market size and forecast, by Battery Type
8.2.4 Market size and forecast, by Motorcycle Type
8.2.5 Market size and forecast, by Propulsion Type
8.2.6 Market size and forecast, by country
- 8.2.6.1 U.S
- 8.2.6.1.1 Market size and forecast, by Type
- 8.2.6.1.2 Market size and forecast, by Battery Type
- 8.2.6.1.3 Market size and forecast, by Motorcycle Type
- 8.2.6.1.4 Market size and forecast, by Propulsion Type
- 8.2.6.2 Canada
- 8.2.6.2.1 Market size and forecast, by Type
- 8.2.6.2.2 Market size and forecast, by Battery Type
- 8.2.6.2.3 Market size and forecast, by Motorcycle Type
- 8.2.6.2.4 Market size and forecast, by Propulsion Type
- 8.2.6.3 Mexico
- 8.2.6.3.1 Market size and forecast, by Type
- 8.2.6.3.2 Market size and forecast, by Battery Type
- 8.2.6.3.3 Market size and forecast, by Motorcycle Type
- 8.2.6.3.4 Market size and forecast, by Propulsion Type
- 8.2.6.1 U.S
8.3 Europe
8.3.1 Key market trends, growth factors and opportunities
8.3.2 Market size and forecast, by Type
8.3.3 Market size and forecast, by Battery Type
8.3.4 Market size and forecast, by Motorcycle Type
8.3.5 Market size and forecast, by Propulsion Type
8.3.6 Market size and forecast, by country
- 8.3.6.1 UK
- 8.3.6.1.1 Market size and forecast, by Type
- 8.3.6.1.2 Market size and forecast, by Battery Type
- 8.3.6.1.3 Market size and forecast, by Motorcycle Type
- 8.3.6.1.4 Market size and forecast, by Propulsion Type
- 8.3.6.2 Germany
- 8.3.6.2.1 Market size and forecast, by Type
- 8.3.6.2.2 Market size and forecast, by Battery Type
- 8.3.6.2.3 Market size and forecast, by Motorcycle Type
- 8.3.6.2.4 Market size and forecast, by Propulsion Type
- 8.3.6.3 France
- 8.3.6.3.1 Market size and forecast, by Type
- 8.3.6.3.2 Market size and forecast, by Battery Type
- 8.3.6.3.3 Market size and forecast, by Motorcycle Type
- 8.3.6.3.4 Market size and forecast, by Propulsion Type
- 8.3.6.4 Italy
- 8.3.6.4.1 Market size and forecast, by Type
- 8.3.6.4.2 Market size and forecast, by Battery Type
- 8.3.6.4.3 Market size and forecast, by Motorcycle Type
- 8.3.6.4.4 Market size and forecast, by Propulsion Type
- 8.3.6.5 Rest of Europe
- 8.3.6.5.1 Market size and forecast, by Type
- 8.3.6.5.2 Market size and forecast, by Battery Type
- 8.3.6.5.3 Market size and forecast, by Motorcycle Type
- 8.3.6.5.4 Market size and forecast, by Propulsion Type
- 8.3.6.1 UK
8.4 Asia-Pacific
8.4.1 Key market trends, growth factors and opportunities
8.4.2 Market size and forecast, by Type
8.4.3 Market size and forecast, by Battery Type
8.4.4 Market size and forecast, by Motorcycle Type
8.4.5 Market size and forecast, by Propulsion Type
8.4.6 Market size and forecast, by country
- 8.4.6.1 China
- 8.4.6.1.1 Market size and forecast, by Type
- 8.4.6.1.2 Market size and forecast, by Battery Type
- 8.4.6.1.3 Market size and forecast, by Motorcycle Type
- 8.4.6.1.4 Market size and forecast, by Propulsion Type
- 8.4.6.2 Japan
- 8.4.6.2.1 Market size and forecast, by Type
- 8.4.6.2.2 Market size and forecast, by Battery Type
- 8.4.6.2.3 Market size and forecast, by Motorcycle Type
- 8.4.6.2.4 Market size and forecast, by Propulsion Type
- 8.4.6.3 India
- 8.4.6.3.1 Market size and forecast, by Type
- 8.4.6.3.2 Market size and forecast, by Battery Type
- 8.4.6.3.3 Market size and forecast, by Motorcycle Type
- 8.4.6.3.4 Market size and forecast, by Propulsion Type
- 8.4.6.4 South Korea
- 8.4.6.4.1 Market size and forecast, by Type
- 8.4.6.4.2 Market size and forecast, by Battery Type
- 8.4.6.4.3 Market size and forecast, by Motorcycle Type
- 8.4.6.4.4 Market size and forecast, by Propulsion Type
- 8.4.6.5 Rest of Asia-Pacific
- 8.4.6.5.1 Market size and forecast, by Type
- 8.4.6.5.2 Market size and forecast, by Battery Type
- 8.4.6.5.3 Market size and forecast, by Motorcycle Type
- 8.4.6.5.4 Market size and forecast, by Propulsion Type
- 8.4.6.1 China
8.5 LAMEA
8.5.1 Key market trends, growth factors and opportunities
8.5.2 Market size and forecast, by Type
8.5.3 Market size and forecast, by Battery Type
8.5.4 Market size and forecast, by Motorcycle Type
8.5.5 Market size and forecast, by Propulsion Type
8.5.6 Market size and forecast, by country
- 8.5.6.1 Latin America
- 8.5.6.1.1 Market size and forecast, by Type
- 8.5.6.1.2 Market size and forecast, by Battery Type
- 8.5.6.1.3 Market size and forecast, by Motorcycle Type
- 8.5.6.1.4 Market size and forecast, by Propulsion Type
- 8.5.6.2 Middle East
- 8.5.6.2.1 Market size and forecast, by Type
- 8.5.6.2.2 Market size and forecast, by Battery Type
- 8.5.6.2.3 Market size and forecast, by Motorcycle Type
- 8.5.6.2.4 Market size and forecast, by Propulsion Type
- 8.5.6.3 Africa
- 8.5.6.3.1 Market size and forecast, by Type
- 8.5.6.3.2 Market size and forecast, by Battery Type
- 8.5.6.3.3 Market size and forecast, by Motorcycle Type
- 8.5.6.3.4 Market size and forecast, by Propulsion Type
- 8.5.6.1 Latin America
9 COMPETITIVE LANDSCAPE
9.1 Introduction
9.2 Top winning strategies
9.3 Product mapping of top 10 player
9.4 Competitive dashboard
9.5 Competitive heatmap
9.6 Top player positioning, 2024
10 COMPANY PROFILES
10.1 EXIDE INDUSTRIES LTD
10.1.1 Company overview
10.1.2 Key executives
10.1.3 Company snapshot
10.1.4 Operating business segments
10.1.5 Product portfolio
10.1.6 Business performance
10.1.7 Key strategic moves and developments
10.2 Robert Bosch GmbH
10.2.1 Company overview
10.2.2 Key executives
10.2.3 Company snapshot
10.2.4 Operating business segments
10.2.5 Product portfolio
10.2.6 Business performance
10.2.7 Key strategic moves and developments
10.3 Amara Raja Group
10.3.1 Company overview
10.3.2 Key executives
10.3.3 Company snapshot
10.3.4 Operating business segments
10.3.5 Product portfolio
10.3.6 Business performance
10.3.7 Key strategic moves and developments
10.4 SF Batteries
10.4.1 Company overview
10.4.2 Key executives
10.4.3 Company snapshot
10.4.4 Operating business segments
10.4.5 Product portfolio
10.5 KOYO BATTERY CO., LTD
10.5.1 Company overview
10.5.2 Key executives
10.5.3 Company snapshot
10.5.4 Operating business segments
10.5.5 Product portfolio
10.6 leoch International Technology Limited Inc
10.6.1 Company overview
10.6.2 Key executives
10.6.3 Company snapshot
10.6.4 Operating business segments
10.6.5 Product portfolio
10.6.6 Business performance
10.7 GS Yuasa International Ltd
10.7.1 Company overview
10.7.2 Key executives
10.7.3 Company snapshot
10.7.4 Operating business segments
10.7.5 Product portfolio
10.7.6 Business performance
10.7.7 Key strategic moves and developments
10.8 BS BATTERY
10.8.1 Company overview
10.8.2 Key executives
10.8.3 Company snapshot
10.8.4 Operating business segments
10.8.5 Product portfolio
10.8.6 Key strategic moves and developments
10.9 Scorpion Battery, Inc
10.9.1 Company overview
10.9.2 Key executives
10.9.3 Company snapshot
10.9.4 Operating business segments
10.9.5 Product portfolio
10.10 Johnson Controls
10.10.1 Company overview
10.10.2 Key executives
10.10.3 Company snapshot
10.10.4 Operating business segments
10.10.5 Product portfolio
10.10.6 Business performance