Motorcycle Battery Market: Global Industry Analysis and Forecast (2024-2030) by Type, Vehicle Type and Region

Motorcycle Battery Market size was valued at USD 8.99 Bn in 2023 and is expected to reach USD 12.15 Bn by 2030, at a CAGR of 4.4%.
Motorcycle Battery Market Overview
A Motorcycle Battery is a battery designed mainly for engine starting. These are designed to perform best under slow drain situations, a motorcycle battery has been able to produce a high burst of energy to engage the starter motor and turn the flywheel which enables the motorcycle engine to start. Typically, it is a 12-volt battery, available in lead-acid, AGM, or lithium-ion types, each providing various benefits including cost-effectiveness, maintenance-free operation and lightweight performance respectively. Modern motorcycles have advanced features such as ABS and EFI that increase the electrical demand, to make high-quality, well-maintained batteries vital for optimal performance and safety.

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The increasing demand for motorcycles, particularly in emerging economies where they act as a primary transportation mode is the significant driver of the Motorcycle Battery Market. There are several battery types such as lead-acid, AGM (Absorbent Glass Mat) and lithium-ion batteries, which provide different segments based on cost, performance and maintenance needs. The incorporation of smart battery management systems in modern motorcycles to optimize the performance and health of the battery is the trend in the Motorcycle Battery Market. Key players such as Exide Technologies, Yuasa, and GS Yuasa Corporation. The market is highly competitive with prominent players such as Yuasa, Exide Technologies, and GS Yuasa Corporation, alongside enormous regional Motorcycle Battery manufacturers. These companies invest in research and development to innovate and capture the largest market share. The regulatory landscape to emphasize reduced carbon emissions and improved fuel efficiency is an influencing factor for the market growth. The increase in e-commerce platforms has made it easier for consumers to access a wide range of battery options, driving market growth.
Motorcycle Battery Market Trend
Increasing Adoption of Lithium-Ion Batteries

Compared to traditional lead-acid batteries, Lithium-ion batteries provide higher energy density which enables motorcycles to achieve greater range without a significant increase in weight. This property of the lead-acid batteries helps to enhance the efficiency as well as the performance of electric motorcycles, making them more competitive with their internal combustion engine counterparts. The growing focus on reducing carbon emissions has increased the demand for electric motorcycles, as they produce zero tailpipe emissions and help combat air pollution and climate change which drive Motorcycle Battery Market growth. Technological advancements have made lithium-ion batteries more cost-effective and safer, to address earlier concerns regarding cost and thermal runaway incidents. Governmental policies and incentives that help electric vehicles increase the adoption of lithium-ion batteries in motorcycles. These policies include tax benefits, subsidies and the implementation of stringent emission regulations, encouraging manufacturers to innovate and adopt cleaner technologies. The incorporation of smart features including battery management systems in lithium-ion batteries, increases their reliability and efficiency, offering a seamless user experience.

In India, GS Yuasa's Tata AutoComp GY Batteries plans to double annual lithium-ion battery (LiB) capacity for automotive applications, reflecting the motorcycle battery market's shift towards increased adoption of lithium-ion batteries driven by demand for higher performance and environmentally friendly solutions.



High energy densities and long lifespans of motorcycle batteries have made them the essential and leading component in portable electronic devices and electrified transportation such as electric motorcycles. These batteries are powering modern motorcycles and are integrated into the broader trend of electrification in transportation, which contributes substantially to the decarbonization of energy use. The application of motorcycle batteries has a wide array of products, from consumer electronics and toys to wireless headphones, handheld power tools, appliances, and energy storage systems, which boost the Motorcycle Battery Market Growth. Their high energy density enables for miniaturization, making them preferable for portable and cordless products. This characteristic has driven rapid consumer adoption, as smaller, lighter batteries provide the same amount of energy as their larger counterparts, improving the usability and convenience of numerous devices.

The increasing adoption of lithium-ion batteries in the motorcycle battery market is driven by their high energy density and efficiency, despite raw material costs comprising a significant portion of the total battery cost. This shift is fueled by demand for sustainable solutions and advancements in battery technology.


Motorcycle Battery Market Dynamics
Government Regulations and Policies to Boost Market Growth

The Ministry of Environment, Forest and Climate Change (MoEFC) in India has delivered the Battery Waste Management Rules, 2022, in response to the increase in demand for electric vehicles (EVs) and the need for organized battery disposal and recycling channels. These rules apply to all stakeholders involved in the lifecycle of batteries, from production to recycling, and cover all battery types regardless of their chemistry or use and drive Motorcycle Battery Market growth. The rules include provisions for penal actions and environmental compensation for violations, along with setting determined recovery targets for battery materials: 70% by FY25, 80% by FY26, and 90% by FY27. This ensures that recovered materials are reused in new batteries, promoting a circular economy.

The EU's Batteries Regulation, aligned with the European Green Deal, strengthens these efforts by imposing strict limits on harmful substances and setting high targets for recycling efficiency and material recovery from 2025 onwards. This regulation also introduces the need for battery carbon footprint declarations, performance standards, and consumer information through digital passports. In India, the government's sustained push for EV adoption, supported by policies such as the FAME-II scheme with a budget allocation of INR 10,000 crore, provides purchase incentives, tax exemptions, and subsidies to make EVs more reasonable. Such comprehensive regulatory frameworks and supportive policies are growth drivers for the motorcycle battery market, ensuring environmental sustainability, economic viability, and technological advancement in the transition to electric mobility.

The Central Government has implemented significant incentives such as the Production Linked Incentive (PLI) schemes totaling INR 44,100 crores (USD6.1 billion) for manufacturing electric vehicles (EVs) and advanced chemistry cell (ACC) batteries in Oct 2021. These initiatives aim to create a localized supply chain, reduce production costs through economies of scale, and stimulate the adoption of EV technologies. 19 states have introduced supportive policies, offering incentives such as capital subsidies averaging 15% to 25% of total investment, interest subventions on loans ranging from 3% to 20%, and exemptions on taxes, tariffs, and duties. States including Andhra Pradesh, Haryana, Madhya Pradesh, Punjab, and Telangana are also facilitating the development of EV parks with pre-existing infrastructure and providing specialized benefits such as discounted energy tariffs and prioritized land allocation. These comprehensive regulatory frameworks and incentives are essential in fostering a conducive environment for manufacturing, assembling, and scaling up the production of motorcycle batteries and EV components across India.

Insufficient Charging Infrastructure to Hamper Market Growth

Insufficient charging infrastructure presents a significant restraint for the motorcycle battery market primarily due to its impact on consumer convenience and adoption. Electric motorcycles rely on available and reliable charging stations for practical daily use and longer journeys. Without an adequate network of charging points, potential buyers hesitate to switch from traditional gasoline-powered motorcycles, fearing range anxiety and the incapability to recharge when needed. This lack of infrastructure limits the appeal of electric motorcycles, particularly in regions with limited urban development or sparse population densities where establishing charging stations is economically unfeasible. The perception of long charging times compared to refueling gasoline bikes deters potential buyers.

India's initiative to mandate a charging station every 25 km on highways is commendable for promoting electric vehicle (EV) adoption and long-distance travel convenience. However, the current distribution of only 1,742 stations, mainly concentrated in urban centers including Delhi, Mumbai, and Bengaluru, highlights a stark urban-rural disparity in EV infrastructure development. This uneven distribution severely limits accessibility and practicality for EV users in rural areas, where infrastructure development lags.

For Instance, while urban dwellers benefit from abundant charging options, rural communities face challenges with sparse or nonexistent stations, exacerbating range anxiety and inhibiting EV market penetration beyond urban boundaries.
Motorcycle Battery Market Segment Analysis
Based on Vehicle Type, the market is segmented into and Electric Motorcycles, Conventional Motorcycles, Scooters. Electric Motorcycles held the Motorcycle Battery Market share in 2023 and are expected to continue their dominance over the forecast period. The increasing shift towards sustainable and eco-friendly transportation solutions has substantially accelerated the adoption of electric motorcycles. Governments are providing incentives including tax rebates, subsidies, and infrastructure development for electric vehicles (EVs), which has increased the electric motor growth. Technological advancements in battery technology, especially lithium-ion batteries, have developed the performance of electric motorcycles. The cost of lithium-ion batteries has been decreasing, making electric motorcycles more cost-effective and accessible to a broader audience.

The urban mobility landscape also favors electric motorcycles, as they provide an efficient solution to urban transportation challenges, including traffic congestion, parking difficulties, and noise pollution. Their quiet operation and zero tailpipe emissions make them particularly suited for city commuting, where environmental impact and noise levels are critical considerations. Many cities are implementing low-emission zones and restrictions on traditional gasoline-powered vehicles, promoting the use of electric motorcycles, which boost Motorcycle Battery Market growth. The electric motorcycle market is also helped by substantial investments by strong manufacturers to capitalize on the increasing demand.


Motorcycle Battery Market Regional Insights
Asia Pacific dominated the Motorcycle Battery Market in 2023 and is expected to continue its dominance during the forecast period. The complete scale of motorcycle production and consumption in developing economies such as China and India, which are among the largest markets globally for two-wheelers helps to drive regional Motorcycle Battery industry growth. These countries have a huge population and strong cultural affinity towards motorcycles as a main mode of transportation. There has been a significant shift towards electric motorcycles in Asia-Pacific, boosted by increasing environmental concerns, government incentives, and technological advancements.

Countries such as China, India, and several Southeast Asian nations are actively encouraging electric mobility as a portion of their efforts to minimize air pollution and greenhouse gas emissions. This transition towards electric motorcycles requires advanced battery technologies, especially lithium-ion batteries, which offer higher energy densities, longer lifespans and quicker charging abilities compared to traditional lead-acid batteries. And this boosts Motorcycle Battery Market growth. Many countries have implemented supportive policies including subsidies, tax incentives, and regulations to promote the adoption of electric vehicles (EVs) and the establishment of charging infrastructure.

For instance, India's Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) scheme provides financial incentives to manufacturers and consumers of electric vehicles, including motorcycles. This policy support encourages both domestic and international manufacturers to invest in the production of electric motorcycles and their associated batteries within the region.

Countries such as Japan and South Korea are at the lead of battery technology innovation, constantly driving the boundaries of battery performance, safety and sustainability. This continuous innovation helps maintain the region's competitive edge in the global market and ensures that manufacturers in the region are well-positioned to meet evolving consumer demands for efficient and reliable battery solutions.
Competitive Landscape

Some of the Motorcycle Battery Key players are GS Yuasa Corporation (Kyoto, Japan), Exide Technologies (Milton, Georgia, USA), EnerSys (Reading, Pennsylvania, USA), East Penn Manufacturing (Lyon Station, Pennsylvania, USA), Leoch International Technology (Shenzhen, China) and other. These key players have adopted strategies including pricing, investments, product portfolio expansion, mergers and acquisitions, collaboration, agreements and geographical expansion to enhance the Motorcycle Battery Market.

For instance, in a recent development, GS Yuasa Corporation announced that Tata AutoComp GY Batteries Private Ltd. (TGY), an equity-method affiliate of its subsidiary GS Yuasa International Ltd., plans to double its annual production capacity for motorcycle lead-acid batteries to 8.4 million units. Established in October 2005, TGY is growing its Motorcycle Battery market share in India, the largest motorcycle-producing country in Asia. In 2021, TGY launched production in a newly added wing at its plant and aims to begin mass production with a further new production line in 2022. This expansion enables the production system to handle 8.4 million lead-acid motorcycle batteries annually, doubling the previous capacity of 4.2 million units. The expansion also allows TGY to manufacture a wider range of battery models.

TGY emphasizes producing high-performance automotive lead-acid batteries, particularly for environmentally friendly vehicles including start-stop vehicles. To meet the increasing demand, GS Yuasa enhanced its supply chain and its ability to cater to the diverse needs of the Indian market.


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Global Motorcycle Battery Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 8.99 Bn.


Forecast Period 2024 to 2030 CAGR:
4.4%
Market Size in 2030:
US $ 12.15 Bn.


 Segments Covered:
by Type
Lithium-Ion Batteries
Lead-Acid Batteries
Others


by Vehicle Type
Electric Motorcycles
Conventional Motorcycles
Scooters



Motorcycle Battery Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Motorcycle Battery Key Manufacturers
1. GS Yuasa International (Kyoto, Japan)
2. Exide Technologies (Milton, Georgia, USA)
3. EnerSys (Reading, Pennsylvania, USA)
4. East Penn Manufacturing (Lyon Station, Pennsylvania, USA)
5. Leoch International Technology (Shenzhen, China)
6. Panasonic Corporation (Osaka, Japan)
7. Robert Bosch GmbH (Gerlingen, Germany)
8. C&D Technologies (Blue Bell, Pennsylvania, USA)
9. Camel Group Co., Ltd. (Xiangyang, China)
10. Tianneng Battery Group Co., Ltd. (Changxing, China)
11. Furukawa Battery Co., Ltd. (Yokohama, Japan)
12. Shenzhen Center Power Tech Co., Ltd. (Shenzhen, China)
13. ACDelco (Grand Blanc, Michigan, USA)
14. Zhejiang Haijiu Battery Co., Ltd. (Zhejiang, China)
15. YUASA Battery, Inc. (Laureldale, Pennsylvania, USA)
16. TATA AutoComp GY Batteries Pvt Ltd (Pune, India)
17. Primearth EV Energy Co., Ltd. (Obu, Japan)
18. Johnson Controls-Hitachi Battery (Tokyo, Japan)
19. Trojan Battery Company (Santa Fe Springs, California, USA)
20. Shorai Inc.( California , USA)
21. BikeMaster ( Fort Worth, Texas, USA)

Frequently Asked Questions:
1] What is the growth rate of the Global Motorcycle Battery Market?
Ans. The Global Motorcycle Battery Market is growing at a significant rate of 4.4% during the forecast period.

2] Which region is expected to dominate the Global Motorcycle Battery Market?
Ans. Asia Pacific is expected to dominate the Motorcycle Battery Market during the forecast period.

3] What is the expected Global Motorcycle Battery Market size by 2030?
Ans. The Motorcycle Battery Market size is expected to reach USD 12.15 Billion by 2030.

4] Which are the top players in the Global Motorcycle Battery Market?
Ans. The major top players in the Global Motorcycle Battery Market are GS Yuasa Corporation (Kyoto, Japan),Exide Technologies (Milton, Georgia, USA),EnerSys (Reading, Pennsylvania, USA),East Penn Manufacturing (Lyon Station, Pennsylvania, USA),Leoch International Technology (Shenzhen, China) and Others.

5] What are the factors driving the Global Motorcycle Battery Market growth?
Ans. The increasing demand for motorcycles, particularly in emerging economies where they act as a primary transportation mode is expected to drive market growth during the forecast period.