PUBLISHER: The Business Research Company | PRODUCT CODE: 1707103
PUBLISHER: The Business Research Company | PRODUCT CODE: 1707103
Two-wheeler lead-acid batteries are specifically designed rechargeable batteries for motorcycles, scooters, and similar vehicles. They employ lead plates submerged in electrolyte solution to store electrical energy, powering the vehicle's ignition system, lights, and other electrical components.
Two main types of two-wheeler lead-acid batteries exist valve-regulated lead acid (VRLA) and flooded batteries. VRLA batteries are sealed and require no maintenance, favored for their reliability and user-friendliness in two-wheelers. Capacities range from less than 5 ampere-hours to over 20 ampere-hours, catering to both internal combustion engine and electric technologies in motorcycles and scooters. Sales channels include OEM and aftermarket segments.
The two-wheeler lead acid batteries market research report is one of a series of new reports from The Business Research Company that provides two-wheeler lead acid batteries market statistics, including two-wheeler lead acid batteries industry global market size, regional shares, competitors with a two-wheeler lead acid batteries market share, detailed two-wheeler lead acid batteries market segments, market trends, and opportunities, and any further data you may need to thrive in the two-wheeler lead acid batteries industry. This two-wheeler lead acid batteries research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The two wheeler lead acid batteries market size has grown strongly in recent years. It will grow from $5.11 billion in 2024 to $5.5 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to increasing disposable income, increased sales of electric bicycles, growth in motorcycle production, growth in the number of two-wheeler rental services, and increasing use of motorcycles for last-mile delivery.
The two wheeler lead acid batteries market size is expected to see strong growth in the next few years. It will grow to $7.31 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to increasing two-wheeler sales, increasing urbanization, rising disposable incomes, increasing government incentives for electric vehicles, and rising demand for scooters. Major trends in the forecast period include electric vehicles, advancements in lead-acid battery technology, integration with smart technologies, hybrid technologies, and fast charging capabilities.
The increasing demand for electric bikes is expected to drive the growth of the two-wheeler lead-acid batteries market in the coming years. Electric bikes, or e-bikes, are bicycles equipped with an electric motor that assists with propulsion. These bikes typically feature a rechargeable battery that powers the motor, providing varying levels of assistance to the rider's pedaling efforts. The demand for electric bikes is driven by their convenience, environmental benefits, and technological advancements, offering assisted propulsion through an integrated motor and rechargeable battery. Two-wheeler lead-acid batteries are used in e-bikes to store electrical energy, enabling them to assist the rider's pedaling or power the entire propulsion system in certain e-bike models. For example, in December 2023, the Office of Energy Efficiency and Renewable Energy, a US-based government agency, reported that e-bike sales in the United States exceeded one million units in 2022. As a result, the growing demand for electric bikes is fueling the expansion of the two-wheeler lead-acid battery market.
Leading companies in the two-wheeler lead-acid batteries market are concentrating on developing innovative solutions such as lithium batteries to improve performance and sustainability. Lithium batteries, known for their high energy density, lightweight nature, and extended lifespan due to the use of lithium ions, are essential in portable electronics, electric vehicles (EVs), and energy storage systems. For instance, in January 2024, Ipower Batteries Private Ltd., an Indian battery manufacturer, introduced graphene-series lead-acid batteries in India. These batteries boast enhanced energy efficiency, quicker charging times, prolonged lifespan, and greater resilience to deep discharges compared to traditional lead-acid batteries. Graphene's characteristics also contribute to improved thermal management and reduced weight, representing a significant advancement in battery technology applicable across automotive and renewable energy storage sectors.
In August 2022, Andritz AG, an Austria-based provider of services and digital solutions, acquired Sovema Group S.p.A. for an undisclosed sum. This strategic acquisition is intended to broaden ANDRITZ's portfolio and capabilities within the battery production sector, focusing on manufacturing equipment and technologies crucial for battery production. Sovema Group S.p.A., headquartered in Italy, specializes in the manufacture of lead-acid batteries primarily for the automotive sector.
Major companies operating in the two wheeler lead acid batteries market are Clarios LLC, Chaowei Power Holdings Limited, EnerSys Inc., EAST PENN Manufacturing Co. Inc., Camel Group Co. Ltd., Exide Industries Ltd., Amara Raja Batteries Limited, Saft Groupe SA., Sebang Global Battery Co. Ltd., FIAMM Group., C&D TECHNOLOGIES INC., Trojan Battery Company, NorthStar Battery, Hankook Atlasbx Co. Ltd., CSB Battery Company Inc., First National Battery, Battery Tender, Robert Bosch GmbH, GS Yuasa International Ltd., Banner GmbH & Co. KG, Unibat Batteries, BS Battery SRL., Koyo Battery Co. Ltd., Leoch Batteries India Private Limited
Asia-Pacific was the largest region in the two-wheeler lead acid batteries market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the two wheeler lead acid batteries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the two wheeler lead acid batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The two-wheeler lead-acid batteries market consists of sales of battery chargers, battery accessories, and battery recycling products. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Two Wheeler Lead Acid Batteries Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on two wheeler lead acid batteries market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for two wheeler lead acid batteries ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The two wheeler lead acid batteries market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.