SOUTH KOREA ELECTRIC MOTORCYCLE BATTERY MARKET

INTRODUCTION

Electric vehicle batteries are in high demand as electric vehicle sales increase. Over time, the market expansion will be fueled by rising demand for high-energy-density batteries, cleaner and renewable power generating techniques, and product innovation adopted by manufacturers.

The increased demand for zero-emission vehicles, depletion of fossil fuel sources, rising fuel prices, and stricter pollution standards are all factors affecting the sales of electric vehicle batteries.

Over the next several years, the market for electric vehicle batteries is expected to rise as new batteries for electric automobiles are developed.

Due to their improved energy density and extended longevity, lithium-nickel-manganese-cobalt aluminum oxide (NMCA) alloys have gained significant market traction. This is projected to create new business prospects for companies that make batteries for electric vehicles.

SOUTH KOREA ELECTRIC MOTORCYCLE BATTERY MARKET SIZE AND FORECAST

The South Korea Electric motorcycle battery market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

NEW PRODUCT LAUNCH

For individuals who desire the best riding experience, Exide has developed a new line of Li-ion motorbikes and sports batteries. Because of the battery's ultra-lightweight construction, the bike will move more quickly and perform better overall thanks to its less weight.

Its extremely low self-discharge makes it perfect for starting an engine after extended periods of inactivity. 

Exide Li-ion has top-notch safety features and may be put in a variety of locations. Compared to lead-acid batteries, they are up to 80% lighter, allowing for quicker acceleration and higher performance.

It is ideal for seasonal usage and has a long shelf life. Exide Li-Ion batteries are ready to use and require no maintenance and have a long lifespan of more than 2000 cycles.

COMPANY PROFILE

• LG Chem 
• CATL
• BYD
• Camel Group
• Johnson Controls
• Exide Industries 
• Sebang Global Battery Co. 
• GS Yuasa
• Leoch International Technology Limited

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perSouth Korea Electric motorcycle battery marketright now and how will it change in next 5-6 years?
2. Average cost to set up aElectric motorcycle battery marketinSouth Korea?
3. How manySouth Korea Electric motorcycle battery marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aSouth Korea Electric motorcycle battery marketand key vendor selection criteria
6. Where is theSouth Korea Electric motorcycle battery marketmanufactured? What is the average margin per equipment?
7. Market share ofSouth Korea Electric motorcycle battery marketmanufacturers and their upcoming products
8. The most important plannedSouth Korea Electric motorcycle battery marketin next 2 years
9. Details on network of majorSouth Korea Electric motorcycle battery marketand pricing plans
10. Cost advantage for OEMs who manufactureSouth Korea Electric motorcycle battery marketin-house
11. 5 key predictions for next 5 years inSouth Korea Electric motorcycle battery market
12. Average B-2-BSouth Korea Electric motorcycle battery marketprice in all segments
13. Latest trends inSouth Korea Electric motorcycle battery market, by every market segment
14. The market size (both volume and value) ofSouth Korea Electric motorcycle battery marketin 2022-2027 and every year in between?
15. Global production breakup ofSouth Korea Electric motorcycle battery market, by suppliers and their OEM relationship