Motorcycle Battery Market Size, Share, Growth Analysis, By Type(E-scooters and E-motorcycles), By Battery(Lithium-ion (Li-ion), and Lead-acid), By Application(Consumer Electronics, Industrial, Healthcare, automotive), By Sales Channel(OEM and Aftermarket), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25A2300 | Region: Global | Published Date: May, 2024
Pages: 220 |Tables: 116 |Figures: 69

Motorcycle Battery Market Insights

Global Motorcycle Battery Market size was valued at USD 8.6 Billion in 2022 and is poised to grow from USD 8.97 Billion in 2023 to USD 12.56 Billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).

The global motorcycle battery market is characterized by changing consumer preferences, technological advancements and regulatory pressures. While traditional lead-acid batteries are still prevalent due to their affordability and reliability, the market is seeing a gradual shift towards advanced battery technologies such as lithium-ion by manufacturers have invested in R&D to improve battery performance, life and durability, with customers demanding efficiency and environmental responsibility.

Furthermore, the advent of electric motorcycles and the shift towards green transportation solutions are reshaping the competitive landscape in the motorcycle battery market. Companies are looking for opportunities to develop innovative battery solutions to suit electric motorcycle manufacturers and then the needs of the occupants and to take advantage of the growing demand for electricity running systems. Strategic partnerships, acquisitions and investments are common in the battery technology industry as stakeholders seek competitive advantage.

Market Snapshot - 2024-2031

Global Market Size

USD 8.6 Billion

Largest Segment

Lithium-ion

Fastest Growth

Lead-acid

Growth Rate

4.3% CAGR

Global Motorcycle Battery Market ($ Bn)
Country Share for Asia Pacific Region (%)

To get more reports on the above market click here to Buy The Report

Motorcycle Battery Market Segmental Analysis

Global motorcycle market is segmented by type, battery, and region. Based on type, the market can be segmented into e-scooters and e-motorcycles. Based on battery, the market is segmented into lithium-ion (Li-ion), and lead-acid. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Analysis by Battery

The lithium-ion battery segment is the dominant segment in the market which retained the largest market share by 2022, accounting for about two-thirds of the global motorcycle battery market revenue, and lithium is estimated to maintain its leadership position throughout the forecast period. Ion batteries require less maintenance, giving them an edge over other types of batteries. Compared to other batteries, the spontaneity is less than half, making it ideally suited for modern fuel gauge applications. Lithium-ion batteries are less environmentally damaging when disposed of properly as compared to lead acid & NiMH batteries. Additionally, the advent of new and improved electric vehicles for both personal and commercial use is expected to drive lithium-ion battery demand globally even as the share of EVs grows and lithium in Europe and North America due to its increasing sales. Moreover, the demand for ion batteries is increasing, and EV share is likely to increase due to the 'Green Deal initiative' launched by the European Union in 2019 and will provide lithium-ion battery demand has increased further over the forecast period.

While lead-acid batteries are growing rapidly and are considered the fastest growing segment. Lead batteries are generally more expensive compared to lithium-ion batteries. This lower cost makes electric motorcycles with lead-acid batteries affordable customers and affordable markets is an important consideration Lead-acid batteries have been around for a long time and it’s a well-established technology. Manufacturers and users in some areas may be familiar with and confident in lead batteries to ensure continued use.

Analysis by Type

E-scooters is the dominating segment in the market which have gained popularity in recent years due to their compact size, ease of use and affordability especially in urban areas They are specially designed for short trips, offering a convenient alternative and it is less environmentally friendly than traditional transports. E-scooters offer a convenient solution for getting around in crowded urban areas, where parking space is limited and traffic congestion is a common issue Their compact design provides riders are drivable, making them desirable for short trips and last-mile trips.

While e-motorcycles are growing rapidly and are considered the fastest growing segment. An e-motorcycle offers more power and efficiency compared to an e-scooter, appealing to motorcycle enthusiasts and riders looking for a thrilling experience. Advances in battery technology have also solved a few of the problems associated with early electric motorcycles and improved range.

Global Motorcycle Battery Market By Battery (%)

To get detailed analysis on other segments, Request For Free Sample Report

Motorcycle Battery Market Regional Insights

Asia Pacific dominates the motorcycle battery market, driven by elite motorcycles and many consumers. Moreover, the growing regional electric motorcycle segment is further accelerating the demand for lithium-ion batteries, positioning Asia Pacific as the major growth engine in the motorcycle battery market.

North America is the fastest growing segment in the market. The motorcycle battery market in North America benefits from the strong motorcycle culture, especially in the United States. Motorcycle enthusiasts in North America are looking for high-performance batteries to power their bikes, creating opportunities for battery manufacturers and aftermarket suppliers. As an acquisition of electric motorcycles atomic size and the push for sustainable transport solutions besides driving demand for advanced battery technologies in the region.

Global Motorcycle Battery Market By Geography
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Motorcycle Battery Market Dynamics

Drivers

Rising Demand for Motorcycles

  • The growing call for bikes, driven through elements together with urbanization, congestion, and the want for less costly transportation answers, is a significant driving force of the motorbike battery market. As more customers choose motorcycles as their number one mode of transportation, the demand for reliable and lengthy-lasting batteries to energy those cars rise correspondingly.

Technological Advancements

  • Technological improvements in battery chemistry and design, inclusive of the improvement of protection-unfastened, sealed, and excessive-performance batteries, are riding growth within the motorcycle battery market. Advancements together with advanced electricity-to-weight ratios, more desirable durability, and faster charging abilities are attractive to motorbike lovers looking for optimum performance and reliability from their batteries.

Restraints

Environmental Regulations

  • Strict environmental regulations on battery disposal and recycling pose a challenge to the motorcycle battery market. Lead-acid batteries commonly used in motorcycles contain hazardous materials that require proper handling and recycling to minimize environmental impact Act a recycling compliance and high costs associated with non-environmental taxes are important deterrents for battery manufacturers and distributors.

Competition from Electric Vehicles

  • The rise in popularity of electric motorcycles and scooters puts a limit on traditional motorcycle batteries. Electric vehicles (EVs) powered by lithium-ion batteries offer advantages such as zero emissions, low running costs and quiet operation, and pose a competitive threat to conventional hot lead motorcycles. or rely on other common batteries.

Request Free Customization of this report to help us to meet your business objectives.

Motorcycle Battery Market Competitive Landscape

The competitive environment of the Global Motorcycle Battery Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Key players competing in the global Motorcycle Battery market are AEG Powertools; ALCAD; Cantec Systems; Cell Pack Solutions Ltd; ENERSYS; GS Yuasa Battery Sales UK Ltd; J&A Electronics; Panasonic Life Solutions India Pvt. Ltd; Power Sonic; and Zeus Battery Products.

Top Player’s Company Profiles

  • GS Yuasa International
  • Exide Technologies
  • ENERSY
  • BS-Battery
  • Batterie Unibat
  • Bosch
  • DELTRAN BATTERY TENDER
  • DYNAVOLT
  • Johnson Controls
  • KOYO BATTERY
  • Leoch Battery
  • Southern Batteries

Recent Developments

  • In February 2023, GS Yuasa International Ltd. will have 100,000 shares. and Honda Motor Co. Ltd. contracted to develop high-capacity, high-performance lithium-ion batteries for hybrid-electric vehicles (HEVs) This collaboration accelerates Honda’s electrification strategies to meet its carbon neutrality goals.
  • In May 2022, EXIDE INDUSTRIES LTD. partnered with SVOLT Energy Technology to set up a lithium-ion cell manufacturing plant in India. The Exide program includes the manufacture of cells for cylindrical, pouch and prismatic cell formats using popular chemicals such as nickel manganese cobalt (NMC) and lithium iron phosphate (LFP).
  • In September 2021, BS Battery partnered with motorcycle manufacturer Sherco to supply lithium batteries for both racing and production. This strategic partnership enhances the Sherco bike with a lightweight and reliable battery solution.In February 2023, GS Yuasa International Ltd. will have 100,000 shares. and Honda Motor Co. Ltd. contracted to develop high-capacity, high-performance lithium-ion batteries for hybrid-electric vehicles (HEVs). This collaboration accelerates Honda’s electrification strategies to meet its carbon neutrality goals.

Motorcycle Battery Key Market Trends

  • Shift to Lithium-ion Batteries: A major trend in the global motorcycle battery market is the increasing adoption of lithium-ion batteries, driven by their superior performance characteristics compared to conventional lead-acid batteries a, lithium-ion. Battery offers advantages such as high capacity, light weight, fast charging time and long life, making them attractive options for motorcycle manufacturers and riders seeking increased operational efficiency.

Motorcycle Battery Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

Factors such as increasing demand for motorcycles, technological advancements and shift towards lithium-ion batteries drive the motorcycle batteries market but the market faces restrictions due to environmental regulations and competition from electric vehicles in. Asia Pacific and North America play a key role in the ongoing market growth, with their strong motorcycle market contributing significantly and driving the adoption of advanced battery technologies for participants identify changing consumer preferences, technological innovations and regulatory environments as the market evolves take advantage of emerging opportunities to drive long-term growth in the motorcycle battery industry.

Report Metric Details
Market size value in 2022 USD 8.6 Billion
Market size value in 2031 USD 12.56 Billion
Growth Rate 4.3%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • E-scooters and E-motorcycles
  • Battery
    • Lithium-ion (Li-ion), and Lead-acid
  • Application
    • Consumer Electronics, Industrial, Healthcare, automotive, Power Tools, Emergency Lighting, and Military & Aerospace
  • Sales Channel
    • OEM and Aftermarket
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • GS Yuasa International
  • Exide Technologies
  • ENERSY
  • BS-Battery
  • Batterie Unibat
  • Bosch
  • DELTRAN BATTERY TENDER
  • DYNAVOLT
  • Johnson Controls
  • KOYO BATTERY
  • Leoch Battery
  • Southern Batteries
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Motorcycle Battery Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Motorcycle Battery Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Motorcycle Battery Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Motorcycle Battery Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Motorcycle Battery Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Motorcycle Battery Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW

REQUEST FOR SAMPLE

Want to customize this report?
REQUEST FREE CUSTOMIZATION

FAQs

Motorcycle Battery Market size was valued at USD 8.6 Billion in 2022 and is poised to grow from USD 8.97 Billion in 2023 to USD 12.56 Billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).

The competitive environment of the Motorcycle Battery Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Key players competing in the Motorcycle Battery market are AEG Powertools; ALCAD; Cantec Systems; Cell Pack Solutions Ltd; ENERSYS; GS Yuasa Battery Sales UK Ltd; J&A Electronics; Panasonic Life Solutions India Pvt. Ltd; Power Sonic; and Zeus Battery Products. 'GS Yuasa International', 'Exide Technologies', 'ENERSY', 'BS-Battery', 'Batterie Unibat', 'Bosch', 'DELTRAN BATTERY TENDER', 'DYNAVOLT', 'Johnson Controls', 'KOYO BATTERY', 'Leoch Battery', 'Southern Batteries'

The growing call for bikes, driven through elements together with urbanization, congestion, and the want for less costly transportation answers, is a significant driving force of the motorbike battery market. As more customers choose motorcycles as their number one mode of transportation, the demand for reliable and lengthy-lasting batteries to energy those cars rise correspondingly.

Shift to Lithium-ion Batteries: A major trend in the motorcycle battery market is the increasing adoption of lithium-ion batteries, driven by their superior performance characteristics compared to conventional lead-acid batteries a, lithium-ion. Battery offers advantages such as high capacity, light weight, fast charging time and long life, making them attractive options for motorcycle manufacturers and riders seeking increased operational efficiency.

Asia Pacific dominates the motorcycle battery market, driven by elite motorcycles and many consumers. Moreover, the growing regional electric motorcycle segment is further accelerating the demand for lithium-ion batteries, positioning Asia Pacific as the major growth engine in the motorcycle battery market.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Motorcycle Battery Market

Report ID: SQMIG25A2300

sales@skyquestt.com
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE