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Key Trends Reshaping the Motorcycle Lead Acid Battery Market: Advancements in Battery Interlayers By Enhancing Safety and Performance in Motorcycle Batteries Industry Transformation
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Motorcycle Lead Acid Battery Market Size Growth Forecast: What to Expect by 2025?
In recent years, the size of the motorcycle lead acid battery market has risen significantly. From $5.39 billion in 2024, it is set to reach $5.67 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.3%. This strong growth during the past period has been driven by factors such as heightened urbanization, enhanced consumer education and awareness, proliferation of ride-sharing and delivery services, increased electrification of public motorcycle fleets, and expansion of charging infrastructure.
How Will the Motorcycle Lead Acid Battery Market Size Evolve and Grow by 2029?
The market for motorcycle lead acid batteries is anticipated to experience significant expansion in the upcoming years, escalating to $7.07 billion by 2029 with a compound annual growth rate (CAGR) of 5.7%. This anticipated growth during the forecast span can be attributed to various factors such as the increasing emphasis on enhancing the energy density and power density, introducing battery leasing schemes for customers, utilizing lead acid batteries with renewable energy sources, the high turnover rate of lead acid batteries in motorcycles, and the establishment of stations for battery swapping. Key trends within the forecast timeline include breakthroughs in sealing technologies, the adoption of more environmentally friendly manufacturing methods, the evolution of safety features, the application of nanotechnology and the implementation of sophisticated thermal management systems.
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What Drivers Are Propelling the Growth of Motorcycle Lead Acid Battery Market Forward?
The motorcycle lead acid battery market is projected to expand due to the escalating demand for two-wheeled EV motor vehicles. A motorcycle or motorbike, a two-wheeled motorized vehicle, is seeing increasing popularity due to its affordability, fuel efficiency, and ability to navigate urban congestion easily. It's also practical for both urban and rural areas. Lead-acid batteries provide a reliable, durable, and affordable energy storage option for these electric two-wheelers. For example, the Society Of Manufacturers Of Electric Vehicles, an Indian association of electric vehicle (EV) manufacturers, reported that the sales of electric two-wheelers rose from 2,52,641 in 2021-2022 to 7,28,054 in 2022-2023. Hence, the heightened demand for two-wheeled motor vehicles propels the growth of the motorcycle lead acid battery market.
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What Trends Will Shape the Motorcycle Lead Acid Battery Market Through 2029 and Beyond?
Prominent organizations in the motorcycle lead acid battery market are focusing on the creation of battery interlayers, aiming to enhance both performance and safety levels. By integrating battery interlayers into motorcycle batteries, there's potential to meet greater safety standards, extend battery lifespan, and boost performance, thus making electric and hybrid motorcycles more trustworthy and appealing to consumers. To illustrate, in October 2023, the Maryland Energy Innovative Institute, situated in the USA, pioneered a new battery interlayer. The methodology involves the use of an Mg16Bi84 interlayer at the Li anode and an F-rich interlayer on NMC811 cathodes for all-solid-state lithium-metal batteries. These specific interlayers inhibit dendrite development, reduce the resistance at the interface, and stabilize cathodes, resulting in a higher energy density and fast charging capabilities at low pressure levels.
What Are the Key Segments in the Motorcycle Lead Acid Battery Market?
The motorcycle lead acid battery market covered in this report is segmented -
1) By Product Type: Valve Regulated Lead Acid Battery (VRLA) Battery, Flooded Lead-Acid (FLA), Absorbed Glass Mat (AGM), Vented Battery, Other Product Types
2) By Technology: Internal Combustion Engine (ICE), Hybrid, Electric
3) By Sales Channel: Original Equipment Manufacturers (OEMs), Aftermarket
Subsegments:
1) By Valve Regulated Lead Acid (VRLA) Battery: Sealed VRLA Batteries, Gel VRLA Batteries, AGM (Absorbed Glass Mat) VRLA Batteries, High-Performance VRLA Batteries, Maintenance-Free VRLA Batteries, VRLA Batteries For Motorcycles, VRLA Batteries For Electric Motorcycles, Deep Cycle VRLA Batteries For Motorcycles
2) By Flooded Lead-Acid (FLA): Standard Flooded Lead-Acid Batteries, Maintenance-Required FLA Batteries, Flooded Lead-Acid Batteries For Low-Cost Motorcycles, High-Capacity Flooded Lead-Acid Batteries, Flooded Lead-Acid Batteries For Starter Applications, FLA Batteries For Motorcycles With High Power Demands
3) By Absorbed Glass Mat (AGM): Standard AGM Batteries, High-Performance AGM Batteries, AGM Batteries For Sport Motorcycles, AGM Batteries For Touring Motorcycles, AGM Batteries For Heavy-Duty Motorcycles, AGM Batteries For Electric Motorcycles, Sealed AGM Batteries For Motorcycle Use, AGM Batteries With Extended Cycle Life
4) By Vented Battery: Conventional Vented Lead-Acid Batteries, Motorcycle Vented Lead-Acid Batteries, Open-Top Vented Batteries, High-Performance Vented Batteries, Vented Batteries For High-Powered Motorcycles, Vented Batteries For Racing Motorcycles
5) By Other Product Types: Lithium-Ion Batteries (As A Substitute For Lead-Acid In Some Motorcycles), Gel Cell Lead-Acid Batteries, Nickel-Metal Hydride (NIMH) Batteries For Motorcycles, Hybrid Batteries (Lead-Acid And Lithium) For Motorcycles, Custom Battery Designs For Electric Motorcycles, Lead Carbon Batteries, Rechargeable Batteries For Electric Motorcycles
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Who Are the Key Players Shaping the Motorcycle Lead Acid Battery Market's Competitive Landscape?
Major companies operating in the motorcycle lead acid battery market are Panasonic Holdings Corporation, Johnson Controls International plc, Clarios International Inc., Chaowei Power Holdings Limited, GS Yuasa Corporation, EnerSys, East Penn Manufacturing Co., Exide Industries Limited, Leoch International Technology Limited, The Amara Raja Group (Amaron), Shuangdeng Group Co Ltd, Coslight Technology International Group Ltd., Trojan Battery Company LLC, Power Sonic Corporation, HBL Power Systems Limited, Mutlu Battery and Materials Industry Inc., Hawker Powersource Inc., FIAMM Energy Technology S.p.A., MK Battery International, CSB Energy Technology Co. Ltd., EvEr*exceed Industrial Co. Ltd., Thai Energy Storage Technology PLC, C&D Technologies Inc., Deltran USA LLC, HAZE Power Company Ltd.
What Geographic Markets Are Powering Growth in the Motorcycle Lead Acid Battery Market?
North America was the largest region in the motorcycle lead acid battery market in 2024, and is expected to be the fastest-growing region in the forecast period. The regions covered in the motorcycle lead acid battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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