Power-sports Batteries Market Trends, and Forecast, 2020-2030

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Power-sports Batteries Market to perceive substantial growth during 2030 2022-02-18

Transparency Market Research Pvt. Ltd

/ Automotive and Transportation / 2022-02-18 Guest Post By Rohit Bhisey

Power-Sports Batteries Market To Surpass Valuation Of US$ 12.4 Bn By 2030 According to the report, the global power-sports batteries market is projected to surpass US$ 12.4 Bn by 2030, expanding at a CAGR of ~6% during the forecast period.

Increase in integration of electronic systems in vehicles,

including Bluetooth, GPS, and navigation systems that require a continuous power supply, is expected to boost the demand for vehicle batteries and consequently, drive the global power-sports battery market.

Moreover, technological advancements in battery charging technology have enabled batteries to charge at a rapid pace.

Additionally, developments have enhanced the battery life, along with its performance.

This, in turn, is anticipated to increase preference toward electric vehicles and subsequently, propel the power-sports batteries market during the forecast period.

Download Sample Report: www.transparencymarketresearch.com/sample/ …p_id=79386 Expansion of Power-sports Batteries Market The increase in 2-wheeler production coupled with rise in the demand for 몭eet of motorcycles and scooters is projected to boost the power-sports battery market during the forecast period. Rise in disposable income of the population is further boosting the trend toward powerful motorbikes.

Increase in demand for two-wheelers is expected to propel the power-sports battery market.

For instance, major demand for motorbikes is witnessed in Asia Paci몭c. About 60% to 65% power two wheelers are manufactured in Asia Paci몭c.

India witnessed sales of 17.7 million units of two wheelers, as compared to 16.8 million units sold in China in 2016. In terms of volume, the market for two-wheelers in China stood at approximately 18.3 million units in 2018, while the market in India was around 20.2 million units.

Sales of two-wheeler vehicles in India stood at 21.19 million units in 2019. The preference for o몭-highway sports is increasing among the younger population across the globe.

O몭-road racing, a highway sport, is a form of motorsports consisting of specially-modi몭ed vehicles, including cars, trucks, motorbikes, and buggies racing in o몭-road environments. The inclination toward o몭-highway sports, such as desert racing, short-course racing, and hill climbing is rising in North America.

Vehicles used in power sports require powerful engines and powerful batteries to ride on rough terrains. Therefore, increasing trend of o몭-highway sports is expected to fuel the growth of the global power-sports battery market.

Enquiry : www.transparencymarketresearch.com/sample/ …p_id=79386 Regional Analysis of Power-sports Batteries Market In terms of the type, the global power-sports batteries market has been split into North America, Latin America, Europe, Asia Paci몭c, and Middle East & Africa. Asia Paci몭c is projected to be highly lucrative market, globally, during the forecast period.

Asia Paci몭c has presence of major two wheeler

Asia Paci몭c has presence of major two wheeler manufacturers. Additionally demand for motorcycles is signi몭cantly high in China, India, and Indonesia, compared to that in any other region, globally.

Therefore, increase in motorcycle production coupled with a rise in the demand for 몭eet of motorcycles and scooters in Asia Paci몭c is projected to boost the power-sports batteries market during the forecast period.

Key Power-sports Batteries Market Players A few of prominent players operating in the global powersports batteries market include Clarios, Crown Battery, Discover Battery, East Penn Manufacturing Company, EnerSys, Exide Technologies, Fullriver Battery, Go Power!, GS Yuasa Corporation, Harris Battery, Interstate Batteries, Johnson Controls, Lifeline, MIDAC Batteries, Navitas Systems, Power Sonic Corporation, ELiON Batteries, Scorpion Battery, Inc., Skyrich Powersport Batteries, Smart Battery, Trojan Battery, U.S. Battery, and Unibat.

Get COVID-19 Analysis @ www.transparencymarketresearch.com/sample/… p_id=79386 Global Power-sports Batteries Market: Segmentation Power-sports Batteries Market, by Vehicle Type Motorcycles Scooters & Mopeds ATVs (All Terrain Vehicles) and Quads

Golf Carts Watersports Snowmobiles UTVs (Utility Terrain Vehicles) Lawn Mowers Power-sports Batteries Market, by Battery Type Conventional Batteries AGM Batteries Sealed Factory Activated Lithium Batteries Others Power-sports Batteries Market, by Voltage Range 6 Volt 12 Volt 24 Volt 36 Volt 48 Volt Others Power-sports Batteries Market, by Sales Channel OEM Aftermarket/ Replacement

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Category: Market Research Publishers and Retailers Pro몭le: Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of

Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

For more information: www.transparencymarketresearch.com/powersp… arket.html www.transparencymarketresearch.com/sample/… p_id=79386 www.transparencymarketresearch.com/sample/… p_id=79386 www.transparencymarketresearch.com/sample/… p_id=79386 www.prnewswire.com/news-re…84482.html

Rohit Bhisey

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