About Motorcycle Lithium Battery
Motorcycle lithium batteries are lightweight batteries with comparatively high cranking power. These batteries are designed in a way so as they last longer, and also unlike lead-acid batteries, they do not produce explosive upon charging making them ideal to be used in a motorcycle.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Japanese and United States Vendors will contribute the maximum growth to Global Motorcycle Lithium Battery market throughout the forecasted period. 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.
Panasonic Corporation (Japan), MaxAmps (United States), Sony Corporation (Japan), Energizer (United States), Shorai Inc. (United States), Renata SA (Switzerland), Amaron Batteries (India) and Battery King (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Exide Technologies (United States), BS-Battery (France) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Motorcycle Lithium Battery market by Type (Lithium Battery and Lithium Ion Batteries) and Region.
On the basis of geography, the market of Motorcycle Lithium 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 Sales Channel, the sub-segment i.e. Online will boost the Motorcycle Lithium Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Advent of Electric Motorcycle and Development of Supercapacitors as Next-Generation Batteries
Market Growth Drivers:
Increasing Sales and Production of Motorcycle in Developing Nations and Growing Purchasing Power of Millennials Population Boost the Demand of Motorcycle in India and China
Challenges:
Low Adoption Rate and Lack of Awareness in Underdeveloped Nations
Restraints:
Availability of Conventional Batteries and High Cost of Lithium-Ion Batteries
Opportunities:
Growing Demand for Motorcycle due to Increasing Middle-Class Family Globally and Increasing Economic Standards and Standard of Living of Individuals in Developing Nations
Market Leaders and their expansionary development strategies
In February 2021, Sensata Technologies, a leading industrial technology company that develops sensors, sensor-based solutions, including controllers and software, and other mission-critical products to create valuable business insights for customers and end users, today announced the full acquisition of Denmark-based Battery Management System (BMS) provider, Lithium Balance.
In November 2023, PURE EV has announced the launch of a new electric motorcycle ecoDryft 350. With a range of 171 km, ecoDryft 350 is positioned as the longest-range e-Motorcycle in the commuter segment (~ 110cc). It is best suited for consumers who travel extensively on a daily basis and, at the same time, looking for monthly savings of Rs 7000 and above.
National and international standards organisations were set up to facilitate trade by encouraging greater product interoperability and compatibility as well as setting standards for acceptable product safety, quality and reliability of lithium batteries.
Key Target Audience
Lithium Battery Manufacturers, Raw Material Suppliers/Distributors, Motorcycle Manufacturing Companies, End Users 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.