Press release
Motorcycle Lead Acid Battery Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Panasonic Holdings Corporation, Johnson Controls International plc, Clarios International Inc., Chaowei Power Holdings Limited, GS Yuasa Corporat
As per the report, the motorcycle lead acid battery market size has grown strongly in recent years. It will grow from $5.06 billion in 2023 to $5.39 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The motorcycle lead acid battery market size is expected to see strong growth in the next few years. It will grow to $6.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=16744&type=smp
Increasing Demand for Motor Vehicles Drives Growth in the Motorcycle Chain Sprocket Market
The increasing demand for two-wheeled EV motor vehicles is expected to propel the growth of the motorcycle lead acid battery market going forward. A two-wheeled motor vehicle, also known as a motorcycle or motorbike, is a motorized vehicle designed to travel on two wheels. The increasing demand for two-wheelers is rising due to affordability, fuel efficiency, ease of navigation in urban congestion, and flexibility in urban and rural settings. Lead-acid batteries benefit two-wheeled electric vehicles by offering a cost-effective, durable, and reliable energy storage solution. For instance, according to the Society Of Manufacturers Of Electric Vehicles, an India-based association representing Indian manufacturers of electric vehicles (EV), in 2021-2022, the number of electric two-wheeler sales was 2,52,641, which rose to 7,28,054 in 2022-2023. Therefore, the increasing demand for two-wheeled motor vehicles drives the motorcycle lead acid battery market growth.
Advancements in Battery Interlayers By Enhancing Safety and Performance in Motorcycle Batteries
Major companies operating in the motorcycle lead acid battery market are developing battery interlayers to improve performance and safety. Motorcycle batteries that incorporate battery interlayers may achieve more significant safety requirements, improved performance, and longer life, making electric and hybrid motorcycles more reliable and enticing to riders. For instance, in October 2023, Maryland Energy Innovative Institute, a US-based research institute, developed an innovative battery interlayer. The technology involves using an Mg16Bi84 interlayer at the Li anode and an F-rich interlayer on NMC811 cathodes in all-solid-state lithium-metal batteries. These interlayers suppress dendrite growth, reduce interfacial resistance, and stabilize cathodes, enabling high energy density and fast charging at low stack pressures.
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
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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 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., EverExceed Industrial Co. Ltd., Thai Energy Storage Technology PLC, C&D Technologies Inc., Deltran USA LLC, HAZE Power Company Ltd.
Contents of the report:
1. Executive Summary
2. Motorcycle Lead Acid Battery Market Report Structure
3. Motorcycle Lead Acid Battery Market Trends And Strategies
4. Motorcycle Lead Acid Battery Market - Macro Economic Scenario
5. Motorcycle Lead Acid Battery Market Size And Growth
…..
27. Motorcycle Lead Acid Battery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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