About Motorcycle Battery
A motorcycle battery is used in a range of motorcycle which stores electrical energy by using the reversible chemical reaction between the lead and acid in the battery and can be said as an electrical storage device. Types of the motorcycle which are used are lithium and lead-acid batteries, the battery is made of the plastic case that consists of several cells with a set of positive and negative plates.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Johnson Controls International plc (Ireland), GS Yuasa Corporation (Japan), Exide Technologies (United States), Sebang Global Battery Co., Ltd. (South Korea), East Penn Manufacturing Co (United States), Banner (Austria), NIPRESS Tbk (Indonesia), Tianneng Battery Group (China), Furukawa Battery Co. Ltd. (Japan) and Camel Group (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Motorcycle Battery market by Type (Wet, Gel, Starting, Lighting, and Ignition (SLI) and Absorbed Glass Mat (AGM)), Application (Digital Meter, Head Light, Tail Stop Lamp, Position Lamp and Indicators) and Region.
On the basis of geography, the market of Motorcycle Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. OEM will boost the Motorcycle Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Lithium-ion Batteries will boost the Motorcycle Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Lithium Batteries in the Motorcycle Battery Market
Market Growth Drivers:
Growing Motorcycle Industry Worldwide and Need for the Battery for Providing Safety and Smooth Working of the Motorcycle
Challenges:
Risk of Low-Quality Batteries in the Motorcycle Battery Market leading to Several Problems
Restraints:
Stringent Regulatory Guidelines on the Use of Motorcycle Battery
Opportunities:
Rising Investment in the Electric Motorcycle will Boost the Motorcycle Battery Market and Surging Demand for the Motorcycle Battery from Developing Nations Around the Globe
Market Leaders and their expansionary development strategies
In August 2020, GS Yuasa announced that its consolidated subsidiary, GS Yuasa International, had entered into a stock transfer agreement with Sanken Electric Co., Ltd. in connection with GS Yuasa's acquisition of Sanken Electric's infrastructure business. GS Yuasa continues to contribute to building a safe and secure social infrastructure through its extensive product lineup and comprehensive customer support system.
In April 2022, Gridtential Energy, the inventor of Silicon Joule bipole battery technology, entered into product development agreements with Camel Energy, Asia's largest automotive battery manufacturer, and three major U.S. automakers supplied by Camel. The contract targets the supply of start/stop batteries for internal combustion engine (ICE) vehicles. The same technology architecture can be used for low-voltage batteries in electric vehicles and can be extended to support 48V batteries, which are most often used in mild hybrid vehicles.
Theres a new battery safety standard named EN 50604. This International Standard is related to the testing of the safety performance of battery packs and systems for their intended use for a vehicle like electric bicycles and e-MTBs. "According to CEN the European Committee for Standardization and it is representing bodies like NEN in the Netherlands the new European Standard, Specifies test procedures and provides acceptable safety requirements for voltage class A & voltage class B removable lithium-ion battery (packs and) systems, to be used as traction batteries of or for electrically propelled road vehicles.
Key Target Audience
Motorcycle Battery Manufacturers, Motorcycle Battery International Traders, Motorcycle Battery Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.