Motorcycle Battery Market Definition
A motorcycle battery is used in a range of motorcycle which stores electrical energy by using the reversible chemical reaction between the lead and acid in the battery and can be said as an electrical storage device. Types of the motorcycle which are used are lithium and lead-acid batteries, the battery is made of the plastic case that consists of several cells with a set of positive and negative plates.
The market study is broken down by Type (Wet, Gel, Starting, Lighting, and Ignition (SLI) and Absorbed Glass Mat (AGM)), by Application (Digital Meter, Head Light, Tail Stop Lamp, Position Lamp and Indicators) and major geographies with country level splits.
Johnson Controls International plc (Ireland), GS Yuasa Corporation (Japan), Exide Technologies (United States), Sebang Global Battery Co., Ltd. (South Korea), East Penn Manufacturing Co (United States), Banner (Austria), NIPRESS Tbk (Indonesia), Tianneng Battery Group (China), Furukawa Battery Co. Ltd. (Japan) and Camel Group (China) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Motorcycle Battery market by Type, Application and Region.
On the basis of geography, the market of Motorcycle Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. OEM will boost the Motorcycle Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Lithium-ion Batteries will boost the Motorcycle Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
There’s a new battery safety standard named EN 50604. This International Standard is related to the testing of the safety performance of battery packs and systems for their intended use for a vehicle like electric bicycles and e-MTBs. "According to CEN – the European Committee for Standardization and it is representing bodies like NEN in the Netherlands – the new European Standard, Specifies test procedures and provides acceptable safety requirements for voltage class A & voltage class B removable lithium-ion battery (packs and) systems, to be used as traction batteries of or for electrically propelled road vehicles.”
- Increasing Consumption of Lithium Batteries in the Motorcycle Battery Market
- Growing Motorcycle Industry Worldwide
- Need for the Battery for Providing Safety and Smooth Working of the Motorcycle
- Rising Investment in the Electric Motorcycle will Boost the Motorcycle Battery Market
- Surging Demand for the Motorcycle Battery from Developing Nations Around the Globe
- Stringent Regulatory Guidelines on the Use of Motorcycle Battery
- Risk of Low-Quality Batteries in the Motorcycle Battery Market leading to Several Problems
Key Target AudienceMotorcycle Battery Manufacturers, Motorcycle Battery International Traders, Motorcycle Battery Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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