NEW YORK, Dec. 15, 2021 /PRNewswire/ — The motorcycle batteries market is expected to be dominated by APAC. The region is expected to account for 85% of the market’s growth during the forecast period. India, China, Indonesia, Thailand, and Vietnam are the key countries for the motorcycle batteries market in APAC. Moreover, market growth in APAC will be faster than the growth of the market in North America, Europe, South America, and MEA. The increasing economic standards, large population, and rise in the standard of living of individuals will drive the motorcycle batteries market growth in APAC during the forecast period.
The motorcycle batteries market has been segmented by product (lead-acid batteries and lithium-ion batteries) and geography (APAC, North America, Europe, South America, and MEA). The market is expected to expand at a healthy CAGR of 4.16%.
The motorcycle batteries market report covers the following areas:
Frequently Asked Questions:
- Based on segmentation by product, which is the leading segment in the market?
Based on segmentation by product, the lead-acid batteries segment is the leading segment of the market. - What is the year-over-year growth rate of the market in 2021?
The year-over-year growth rate of the market in 2021 is 2.14%. - What is the parent market of the motorcycle batteries market?
Technavio categorizes the motorcycle batteries market as a part of the global automotive components and accessories market. - Is the motorcycle batteries market fragmented or concentrated?
The motorcycle batteries market is fragmented.
In a bid to help players strengthen their market foothold, the motorcycle batteries market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Berkshire Hathaway Inc., BS-Battery, Clarios, EnerSys, Exide Technologies, GS Yuasa Corp., Hitachi Ltd., Leoch International Technology Ltd., Robert Bosch GmbH, and Schneider Electric SE are some of the major market participants.
Motorcycle Batteries Market 2021-2025: Segmentation
- Product
- Lead-acid Batteries
- Lithium-ion Batteries
- Geography
- APAC
- North America
- Europe
- South America
- MEA
For additional inputs regarding the various segments of the motorcycle batteries market, View Our Free Sample
Motorcycle Batteries Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
The cost advantage of lead-acid batteries over lithium-ion batteries is notably driving the motorcycle batteries market growth. However, factors such as OEMs losing revenue and brand reputation due to counterfeit products may challenge the market growth.
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Motorcycle Batteries Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist motorcycle batteries market growth during the next five years
- Estimation of the motorcycle batteries market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the motorcycle batteries market across APAC, North America, Europe, South America, and MEA
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of motorcycle batteries market vendors
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Motorcycle Batteries Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.16% |
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Market growth 2021-2025 |
8219.43 th units |
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Market structure |
Fragmented |
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YoY growth (%) |
2.14 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 85% |
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Key consumer countries |
India, China, Indonesia, Thailand, US, and Vietnam |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Berkshire Hathaway Inc., BS-Battery, Clarios, EnerSys, Exide Technologies, GS Yuasa Corp., Hitachi Ltd., Leoch International Technology Ltd., Robert Bosch GmbH, and Schneider Electric SE |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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SOURCE Technavio
