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Global Power-sports Batteries Market to reach USD XXX billion by 2027

Global Power-sports Batteries Market Size study, by Product (Conventional Flooded batteries and Absorbed Glass Mat), By Application (Snowmobile, ATV, Scooter, Jet Ski, Marine Boat and UTV) and Regional Forecasts 2020-2027

Product Code: ALATAMC_25257289
Publish Date: 14-12-2020
Page: 200

Global Power-sports Batteries Market is valued approximately USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2020-2027. The evolution of the automotive sector owing to advancements in technology has directed towards reduction in use of fossil fuels in automobiles leading to integration of Power Batteries. Increase in integration of electronic systems in vehicles including GPS, Bluetooth and navigation systems that require continuous power supply is expected to drive the demand for vehicle batteries and which drives the global power sports battery market. Also, technological advancements in the lithium ion battery technology space have played a crucial aspect in boosting the need for lithium-ion power-sports batteries over the past decade. The cost -effective nature of power-sports batteries is a key factor that is expected to influence consumers from shifting from conventional batteries to power-sports batteries with improved performance. Several government initiatives across the world, particularly in the China and U.S. have played a pivotal role in boosting the adoption of power-sports batteries in recent years. Further, the key players are focusing on strategies such as product launch, innovation and merger & acquisition to sustain themselves amidst fierce competition. The growth of the market is attributed owing to the increase in demand for electric vehicles, including e-bikes, coupled with the demand for vehicle technology to reduce vehicle emissions. As per the Edison Electric Institute (EEI), the global electric vehicle (EV) sales were around 312,000 units in Q1 2018, which is an increase of 58% as compared to Q1 2017 i.e. almost 197,000 units. Also, as per the Smart Cities World in May 2018, in the United Kingdom, around 40,000 new electric vehicles were registered in 2017, representing 1.5% of all sales. Also, nearly around 140,000 registered electric vehicles were registered in total, representing a share of 0.3%. Thus, the utility of power sports batteries would increase. However, stringent regulations on manufacturing, storage, and transportation of batteries, owing to chemically sensitive nature of batteries is hampering the growth of the market during the forecast period of 2020-2027.

The regional analysis of global Power-sports Batteries market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region due to the presence of major two-wheeler manufacturers and robust demand for motorcycles in China, India, and Indonesia. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Skyrich Powersport Batteries
Power Sonic
GS Yuasa Corporation
Fullriver Battery
Interstate Batteries
Unibat
EnerSys
Clarios
East Penn Manufacturing Company
Scorpion Battery, Inc

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Conventional Flooded batteries
Absorbed Glass Mat
By Application:
Snowmobile
ATV
Scooter
Jet Ski
Marine Boat
UTV
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Power-sports Batteries Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Power-sports Batteries Market, by Region, 2018-2027 (USD Billion)
1.2.2. Power-sports Batteries Market, by Product 2018-2027 (USD Billion)
1.2.3. Power-sports Batteries Market, by End-User 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Power-sports Batteries Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Power-sports Batteries Market Dynamics
3.1. Power-sports Batteries Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Power-sports Batteries Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Power-sports Batteries Market, by Product
5.1. Market Snapshot
5.2. Global Power-sports Batteries Market by Product , Performance – Potential Analysis
5.3. Global Power-sports Batteries Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Power-sports Batteries Market, Sub Segment Analysis
5.4.1. Conventional Flooded batteries
5.4.2. Absorbed Glass Mat
Chapter 6. Global Power-sports Batteries Market, by Application
6.1. Market Snapshot
6.2. Global Power-sports Batteries Market by Application , Performance – Potential Analysis
6.3. Global Power-sports Batteries Market Estimates & Forecasts by Application 2017 -2027 (USD Billion)
6.4. Power-sports Batteries Market, Sub Segment Analysis
6.4.1. Snowmobile
6.4.2. ATV
6.4.3. Scooter
6.4.4. Jet Ski
6.4.5. Marine Boat
6.4.6. UTV
Chapter 7. Global Power-sports Batteries Market, Regional Analysis
7.1. Power-sports Batteries Market, Regional Market Snapshot
7.2. North America Power-sports Batteries Market
7.2.1. U.S. Power-sports Batteries Market
7.2.1.1. Product breakdown estimates & forecasts, 2017-2027
7.2.1.2. Application breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Power-sports Batteries Market
7.3. Europe Power-sports Batteries Market Snapshot
7.3.1. U.K. Power-sports Batteries Market
7.3.2. Germany Power-sports Batteries Market
7.3.3. France Power-sports Batteries Market
7.3.4. Spain Power-sports Batteries Market
7.3.5. Italy Power-sports Batteries Market
7.3.6. Rest of Europe Power-sports Batteries Market
7.4. Asia-Pacific Power-sports Batteries Market Snapshot
7.4.1. China Power-sports Batteries Market
7.4.2. India Power-sports Batteries Market
7.4.3. Japan Power-sports Batteries Market
7.4.4. Australia Power-sports Batteries Market
7.4.5. South Korea Power-sports Batteries Market
7.4.6. Rest of Asia Pacific Power-sports Batteries Market
7.5. Latin America Power-sports Batteries Market Snapshot
7.5.1. Brazil Power-sports Batteries Market
7.5.2. Mexico Power-sports Batteries Market
7.6. Rest of The World Power-sports Batteries Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Skyrich Powersport Batteries
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Power Sonic
8.2.3. GS Yuasa Corporation
8.2.4. Fullriver Battery
8.2.5. Interstate Batteries
8.2.6. Unibat
8.2.7. EnerSys
8.2.8. Clarios
8.2.9. East Penn Manufacturing Company
8.2.10. Scorpion Battery, Inc
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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