Friday, 17 November 2017

Global Motorcycle Batteries Market 2017-2021

Global Motorcycle Batteries Market 2017-2021

The following companies are the key players in the global motorcycle batteries market: GS Yuasa International, Exide Technologies, ENERSYS, and BS-Battery.

Other Prominent Vendors in the market are: Batterie Unibat, Bosch, DELTRAN BATTERY TENDER, DYNAVOLT, Johnson Controls, KOYO BATTERY, Leoch Battery, and Southern Batteries.

Commenting on the report, an analyst said: “One trend in the market is development of moldable batteries. The high cost of lithium-ion is leading the manufacturers to struggle to meet the cost hurdles, and the demand for advanced lead-acid technology is growing continuously. The lead-acid battery has its advantages over the lithium-ion battery. Lead-acid battery chemistry produces the least amount of heat when compared with other battery chemistries, and these batteries are fully rechargeable.”

According to the report, one driver in the market is cost advantage of lead-acid batteries over lithium-ion batteries. Lead-acid batteries have been able to retain their market share in electric vehicle applications even with the introduction of new battery chemistries, such as the lithium-ion battery. Lithium-ion batteries are costlier than lead-acid batteries. Furthermore, lead-acid batteries offer high cranking current ideal for stationary applications, such as uninterruptible power supply (UPS). The energy density of lithium-ion batteries ranges from 90 Wh/kg to 120 Wh/kg, compared with 30Wh/kg-40Wh/kg for lead-acid batteries.

Further, the report states that one challenge in the market is OEMs losing revenue and brand reputation due to counterfeit products. In 2016, the US government estimated that the global market value of the counterfeit industry is $520 billion. About 70% of counterfeit products that entered the US were manufactured in China. In 2011, 73% of fake products that entered Europe were from China. Such products are affecting the revenues and brand reputation of the OEMs. The revenue that the manufacturers lose to these counterfeit batteries many be less, but the damages caused by these batteries will affect the brand reputation. Battery manufacturers must follow adequate safety measures during manufacturing.

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 a SWOT analysis of the key vendors.

The Research Report Available at  www.rnrmarketresearch.com/global-motorcycle-batteries-market-2017-2021-market-report.html

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