Australia Leisure Battery Market is Booming with a CAGR of 4.1% by 2032

𝐀𝐮𝐬𝐭𝐫𝐚𝐥𝐢𝐚 𝐋𝐞𝐢𝐬𝐮𝐫𝐞 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

𝐁𝐚𝐬𝐞 𝐘𝐞𝐚𝐫: 2023

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐢𝐧 𝟐𝟎𝟐𝟑: 283.4 Million

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐢𝐧 𝟐𝟎𝟑𝟐: 411.4 Million

𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞: 𝟒.𝟏% (𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐)

The growing need from the recreational vehicle, marine, as well as camping sectors are the factors responsible for the growth of the Australia leisure battery market. According to IMARC Group, the market is expected to exhibit a growth rate (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟒.𝟏% during 2024-2032.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/australia-leisure-battery-market/requestsample

𝐀𝐮𝐬𝐭𝐫𝐚𝐥𝐢𝐚 𝐋𝐞𝐢𝐬𝐮𝐫𝐞 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

The growing need from the recreational vehicle, marine, as well as camping sectors are the factors responsible for the growth of the Australia leisure battery market. Additionally, as outdoor activities and off-grid travel become more popular in Australia, consumers are seeking reliable energy solutions to power their vehicles and devices while away from traditional power sources. Leisure batteries, known for their ability to provide consistent power over extended periods, are essential for powering appliances like refrigerators, lighting, and communication devices in RVs and boats. Moreover, the rise in domestic tourism, especially during the outbreak of the COVID-19 pandemic, has led to a surge in RV and caravan purchases, further boosting the demand for leisure batteries.

The rising preference for advanced battery technologies, such as lithium-ion, over traditional lead-acid batteries is augmenting the Australia leisure battery market. In addition to this, lithium-ion batteries offer many advantages, like a longer life, lighter weight, and faster charging times, making them ideal for modern recreational activities. As consumers become more eco-conscious, the need for energy-efficient and environmentally friendly batteries is increasing. Furthermore, innovations in solar charging systems are driving the adoption of leisure batteries that can be charged using renewable energy sources, appealing to those looking for sustainable power solutions. The convenience of e-commerce along with online retail platforms has also contributed to market growth, making it easier for consumers to avail a wide range of battery options. As outdoor innovation continues to rise in popularity, the Australia leisure battery market is anticipated to expand over the forecasted period, driven by technological advancements and changing consumer preferences.

𝐁𝐮𝐲 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/checkout?id=8072&method=600

𝐀𝐮𝐬𝐭𝐫𝐚𝐥𝐢𝐚 𝐋𝐞𝐢𝐬𝐮𝐫𝐞 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐜𝐚𝐭𝐞𝐠𝐨𝐫𝐢𝐞𝐬:

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐅𝐮𝐞𝐥 𝐓𝐲𝐩𝐞:

● AGM
● Lead Acid
● Lithium Iron Phosphate (LFP)
● Lithium Nickel Cobalt Aluminium Oxide (NCA)
● Lithium Nickel Manganese Cobalt (LI NMC)
● Lithium Cobalt Oxide (LCO)
● Lithium Manganese Oxide (LMO)
● Lithium Titanate Oxide (LTO)
● Others

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐕𝐨𝐥𝐭𝐚𝐠𝐞 𝐑𝐚𝐧𝐠𝐞:

● 12 V
● Less than 12 V
● More than 12V but less than 48V
● 48V and More than 48V

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥:

● Brick and Mortar
● E-commerce Channel

𝐁𝐫𝐞𝐚𝐤𝐮𝐩 𝐛𝐲 𝐑𝐞𝐠𝐢𝐨𝐧:

● New South Wales
● Victoria
● Queensland
● Western Australia
● South Australia
● Tasmania
● Others

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/request?type=report&id=8072&flag=C

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

● ACDelco Australia (General Motors)
● ALLion Lithium Batteries
● Century Batteries (GS Yuasa Corporation)
● Deka Intimidator
● Delkor Co. Ltd
● Enerdrive
● Full River Battery
● Lifeline Batteries Inc
● Optima Batteries
● Power Sonic Corporation (The Blackbird Group)
● RELiON Batteries (Brunswick Corporation)
● Renogy
● Redarc Electronics
● 4WD Supacentre
● SuperCharge Batteries (Ramcar Batteries Inc.)
● U.S. Battery
● Victron Energy
● Yuasa Battery (GS Yuasa Corporation)
● Outbax

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

● 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 (𝟐𝟎𝟏𝟖-𝟐𝟎𝟐𝟑)
● 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐)
● COVID-19 Impact on the Market
● Porter's Five Forces Analysis
● Strategic Recommendations
● Historical, Current and Future Market Trends
● Market Drivers and Success Factors
● SWOT Analysis
● Structure of the Market
● Value Chain Analysis
● Comprehensive Mapping of the Competitive Landscape

𝐍𝐨𝐭𝐞: 𝐈𝐟 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐜𝐨𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐰𝐞 𝐜𝐚𝐧 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐢𝐭 𝐭𝐨 𝐲𝐨𝐮 𝐚𝐬 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

This release was published on openPR.