Global Powersports Batteries Market 2024-2028

Global Powersports Batteries Market 2024-2028
The powersports batteries market is forecasted to grow by USD 2318.36 mn during 2023-2028, accelerating at a CAGR of 5.25% during the forecast period. The report on the powersports batteries market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by major motorcycle OEMs venturing into the electric motorcycle sector, increasing demand for ATVs for recreational and adventurous sports activities, and advancements in battery technology.

Technavio's powersports batteries market is segmented as below:

By Vehicle TypeMotorcyclesATVs and UTVsMopeds and scootersOthersBy ChannelAftermarketOEMBy Geographical LandscapeAPACNorth AmericaEuropeSouth AmericaMiddle East and AfricaThis study identifies the emerging trend of all-electric motorcycle racing as one of the prime reasons driving the powersports batteries market growth during the next few years. Also, the rise of electric and hybrid powersports vehicles and the growing popularity of motorsports will lead to sizable demand in the market.

The report on the powersports batteries market covers the following areas:Powersports batteries market sizingPowersports batteries market forecastPowersports batteries market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading powersports batteries market vendors that include BS Battery, CLARIOS LLC, Discover Battery, East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Fullriver Battery, GS Yuasa International Ltd., Interstate Batteries Inc., Johnson Controls International Plc, PAM Vilicar doo, Power Sonic Corp., Poweroad Xiamen Renewable Energy Technology Co. Ltd., Renegade Battery, Robert Bosch GmbH, Scorpion Battery Inc., Skyrich Powersport Batteries, Super B Lithium Power B.V., The NOCO Co., and Trojan Battery Co. LLC. Also, the powersports batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.