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Global Two-wheeler (2W) Battery Market 2019-2023

Global Two-wheeler (2W) Battery Market 2019-2023

About this market

Integration of two-wheelers with smartphones to drive market growth. The integration of two-wheelers with smartphones is a growing trend in the market as it is attracting interest from potential buyers across the globe. The demand for two-wheelers with smartphone connectivity and telematics is increasing steadily and improving the overall riding experience. With an increase in riders' interaction with personal mobile devices, the demand for better user-interfaces in two-wheelers is also increasing. Technavio’s analysts have predicted that the two-wheeler (2W) battery market will register a CAGR of about 7% by 2023.

Market Overview

Growing need for environmentally friendly vehicles

E-bikes and e-scooters are becoming more popular because of the increasing concerns over environmental pollution and the shift toward a more sustainable ecosystem in the automotive industry. Various countries have framed policies to reduce air pollution and vehicle emissions. More expeditious actions are required to meet the goals set by these policies. ICE vehicles powered by diesel or petrol emit several pollutants such as carbon monoxide, nitrogen oxide, and sulfur oxide, which pollute the air. Therefore, the two-wheeler sector is shifting its focus toward electrified two-wheelers to reduce emissions and the carbon footprint.

Challenges associated with two-wheeler battery technologies

Lead-acid and lithium-ion battery technologies are the most used battery types in two-wheelers. However, these battery technologies face several challenges. However, lead-acid batteries also contain high amounts of toxic lead oxide, which is hazardous to the environment.

For the detailed list of factors that will drive and challenge the growth of the two-wheeler battery market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Exide Industries and Exide Technologies the competitive environment is quite intense. Factors such as the growing need for environmentally friendly vehicles and the integration of two-wheelers with smartphones, will provide considerable growth opportunities to two-wheeler battery manufactures. Amara Raja Batteries, Exide Industries, Exide Technologies, GS Yuasa International, OptimumNano Energy, and SAMSUNG SDI are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global secondary battery market
      • Table Segments of global secondary battery market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Market segmentation by battery type
    • Table Battery type - Market share 2018-2023 (%)
    • Comparison by battery type
      • Table Comparison by battery type
    • Lead-acid battery - Market size and forecast 2018-2023
      • Table Lead-acid battery - Market size and forecast 2018-2023 ($ millions)
      • Table Lead-acid battery - Year-over-year growth 2019-2023 (%)
    • Lithium-ion battery - Market size and forecast 2018-2023
      • Table Lithium-ion battery - Market size and forecast 2018-2023 ($ millions)
      • Table Lithium-ion battery - Year-over-year growth 2019-2023 (%)
    • NiMH battery - Market size and forecast 2018-2023
      • Table NiMH battery - Market size and forecast 2018-2023 ($ millions)
      • Table NiMH battery - Year-over-year growth 2019-2023 (%)
    • Market opportunity by battery type
      • Table Market opportunity by battery type
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Integration of two-wheelers with smartphones
    • Innovation in electric charging systems
    • Declining prices of lithium-ion batteries
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Amara Raja Batteries
      • Table Amara Raja Batteries - Vendor overview
      • Table Amara Raja Batteries - Business segments
      • Table Amara Raja Batteries - Organizational developments
      • Table Amara Raja Batteries - Geographic focus
      • Table Amara Raja Batteries - Key offerings
    • Exide Industries
      • Table Exide Industries - Vendor overview
      • Table Exide Industries - Business segments
      • Table Exide Industries - Organizational developments
      • Table Exide Industries - Geographic focus
      • Table Exide Industries - Segment focus
      • Table Exide Industries - Key offerings
    • Exide Technologies
      • Table Exide Technologies - Vendor overview
      • Table Exide Technologies - Organizational developments
      • Table Exide Technologies - Key offerings
    • GS Yuasa International
      • Table GS Yuasa International - Vendor overview
      • Table GS Yuasa International - Business segments
      • Table GS Yuasa International - Organizational developments
      • Table GS Yuasa International - Geographic focus
      • Table GS Yuasa International - Segment focus
      • Table GS Yuasa International - Key offerings
    • OptimumNano Energy
      • Table OptimumNano Energy - Vendor overview
      • Table OptimumNano Energy - Organizational developments
      • Table OptimumNano Energy - Key offerings
    • SAMSUNG SDI
      • Table SAMSUNG SDI - Vendor overview
      • Table SAMSUNG SDI - Business segments
      • Table SAMSUNG SDI - Organizational developments
      • Table SAMSUNG SDI - Geographic focus
      • Table SAMSUNG SDI - Segment focus
      • Table SAMSUNG SDI - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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