Motorcycle Lead Acid Battery Market Overview
The global Motorcycle Lead Acid Battery market size was estimated at USD 5.1 billion in 2023 and is projected to reach USD 7.2 billion in 2030 at a CAGR of 5.2% during the forecast period 2023-2030.
Batteries hold immense importance in the functioning of a vehicle, specifically in the areas of ignition, starting, and lighting. Furthermore, the global motorcycle lead acid battery market has observed a noteworthy surge in popularity due to the shift towards battery-powered vehicles, such as motorcycles. Notably, two-wheelers such as motorcycles, scooters, and other similar modes of transportation have made a significant contribution towards the overall revenue generated by the global market. The market's growth is being directly influenced by the increasing production and sales of motorcycles and bikes, as well as the surging demand for electric bikes.
The utilization of motorcycles in developing nations is far-reaching and presents a multitude of challenges. Among these difficulties are inadequate road infrastructure in rural regions, traffic congestion, and exorbitant gasoline costs. Consequently, addressing these issues has become imperative and has given rise to an upswing in demand for lead acid batteries. These batteries boast efficiencies of approximately 80-85%, which is a notable figure as it expedites the charging process. This attribute will undoubtedly serve as a crucial driving force for the market's expansion during the projected period.
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The existing outbreak of the COVID-19 pandemic has had a profound impact on the expansion of the lead acid battery market. The pandemic has exerted a substantial influence on the global market as manufacturers have been compelled to shutter their operations due to the pandemic, resulting in supply and procurement disruptions within the market. The automotive equipment supplies chain products have been a source of difficulty for many industries. It was expected that the production of electronic equipment and automotive would pick up steam beginning in 2022. This is furthermore anticipated to exert a positive impact on the manufacturing of electronics equipment and automotive, including the hardware components of automotive lead acid batteries.
Delvens Industry Expert's Standpoint
The Absorbed Glass Mat (AGM) battery, a type of valve-regulated lead acid battery, has witnessed an upsurge in demand, subsequently increasing the global motorcycle lead acid battery market with a healthy revenue share. The AGM battery is specifically designed to recombine oxygen and hydrogen within the sealed battery, thereby eliminating excess released gas from a built-in valve. Two-wheelers are the primary beneficiaries of this battery type, owing to their numerous benefits over other battery types. These benefits include, but are not limited to, low maintenance, shorter recharge time, only 1-3% self-discharge per month, highest power density, best performance in low temperature, and 80-90% round trip efficiency. The aforementioned factors have culminated in an increased demand for AGM batteries, thereby propelling the market growth rate.
The growth of the market can be attributed to several factors, which are expected to create lucrative opportunities in the upcoming years. One of the primary factors responsible for this growth is the rising purchasing power of consumers. Additionally, the increased demand for attractive and stylish bikes is also a major factor that is expected to boost the market's growth. In an effort to meet consumer demands, manufacturers have begun to focus on producing conventional motorcycles with sportier looks, better fuel efficiency, and larger displacement engines, thereby creating immense opportunities for market growth during the forecast period. Furthermore, the rising demand for motorcycle lead acid batteries in light, electric, hybrid, and heavy motor vehicles is also a major factor that is enhancing the market growth. Governments have begun to grant incentives for the manufacture of low-cost electric cars that do not affect the environment, thereby further increasing the sales of motorcycle lead acid batteries. As a result, the motorcycle lead acid battery manufacturers are expected to witness many growth opportunities during the forecast period.
Key Findings
• On the basis of type, the market, which has been divided into flooded and Valve-Regulated Lead Acid (VRLA) segments, has been observed to have a greater focus on the former due to its cost-effectiveness and longer discharge cycle. As a result of this, the flooded segment has been widely implemented in stationary applications. Nevertheless, the VRLA segment is expected to experience growth, primarily because of its rising demand within the automotive industry. Within the VRLA segment, the Absorbent Glass Mat (AGM) and gel battery have been identified as crucial components. AGM batteries, which are identified as maintenance-free, boast excellent electrical reliability, and are lightweight when compared to other lead acid batteries, have become increasingly popular.
• On the basis of application, the primary factor that has resulted in the augmentation of the demand for SLI batteries is the escalating necessity for such batteries that are utilized in the power starters, illumination systems, and ignition mechanisms of vehicles or internal combustion engines, which are expected to operate for an extended duration whilst providing high-quality performance and being cost-effective. Furthermore, it is worth noting that the lead-acid battery technology for all SLI applications entails a traditional internal combustion engine. According to the International Organization of Motor Vehicle Manufacturers, the sales of vehicles in November 2020 amounted to 71,745,408 units as opposed to 67,580,030 units in November 2019, thereby exhibiting a growth of 4.17%. Moreover, the overall exports of automobiles reached 4.77 million vehicles during FY 2020. In the Indian subcontinent, the sales of electric vehicles, excluding e-rickshaws, witnessed an escalation of 20%, thereby reaching 1.56 lakh units in the fiscal year 2020. Consequently, it can be inferred that the demand for automobiles and SLI batteries is projected to experience a surge in the upcoming years, owing to the recuperating economy and other relevant factors.
• On the basis of vehicle type, the segment that pertains to motorcycles was able to acquire a considerable xx% share of the market in the year 2022. The expansion of this particular segment can be ascribed to several factors, such as the escalating purchasing capability of the consumers and the surging desire for bikes that are both stylish and appealing to the eye. Consequently, manufacturers are placing their focus on the manufacture of conventional motorcycles that possess a sophisticated appearance and incorporate larger displacement engines, as well as the provision of good fuel efficiency, among other features. These elements are among the primary contributors that are expected to drive the demand in the forecast period. Furthermore, the growth and popularity of E-scooters are also considered as one of the principal causes behind the upsurge in the demand for lead-acid batteries.

• The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The Asia Pacific is currently dominating the lead acid battery market share, with its major contributors being China, India, Japan, South Korea, and Australia, the key players in this market.
Motorcycle Lead Acid Battery Market Regional Analysis
Asia pacific to Dominate the Market
• The Asia Pacific is currently dominating the lead acid battery market share, with its major contributors being China, India, Japan, South Korea, and Australia, the key players in this market.

• The growth of this particular region can be attributed to several factors, such as the high production and sales of automobiles, the rapid industrialization, the population growth, and the increasing demand for uninterruptible power supply (UPS) systems.
Motorcycle Lead Acid Battery Market Competitive Landscape
• Banner
• DYNAVOLT Power
• Tianneng rechargeable battery manufacturers
• leoch International Technology Limited Inc,
• Manbat Ltd T/A SYBS
• ENERSYS.
• Chaowei Power Holdings Ltd
• KOYO BATTERY CO., LTD
• Robert Bosch GmbH
• GS Yuasa International Ltd
• EXIDE INDUSTRIES LTD
• Battery Tender
• Camel Group Co., Ltd
• Reem Batteries & Power Appliances Co. SAOC
• Saft
• C&D TECHNOLOGIES, INC.
• Panasonic Corporation
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Motorcycle Lead Acid Battery Market Recent Developments
• In January 2022, Recyclus opened the first lead acid battery recycling plant in England. The Tipton facility is expected to increase Recyclus' production capacity for recycling lead acid batteries from an estimated 16,000 tons in the first full year of production to approximately 80,000 tons by 2027.

• In June 2021, EnerSys announced that it invested more than USD 100 million in new capital for the upcoming three years to grow its Thin Plate Pure Lead (TPPL) capacity, with a projected growth of 15%. Both initiatives collectively upgraded TPPL capacity by more than USD 500 million/year.
Motorcycle Lead Acid Battery Market Reasons to Acquire
• Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

• Gain authentic and granular data access for the Motorcycle Lead Acid Battery Market to understand the trends and the factors involved in changing market situations.

• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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