The demand for lead-acid batteries for motorcycles starting is increasing year by year
In 2017, the output of start-up lead-acid batteries was 78.114 million kVA, an increase of 7.00% year-on-year; the sales volume was 87.46 million kVA, an increase of 6.38% year-on-year.
Lead-acid batteries are mainly used for the lighting and starting of motorcycles. Although some domestic motorcycle manufacturers use lithium batteries to start, they have not formed a large scale due to high cost and high technical requirements. China's motorcycles still mainly use lead-acid batteries. Assuming that the battery for starting a motorcycle is replaced every 3 years, it can be estimated that the demand for lead-acid batteries for starting a motorcycle in 2017 is about 30,835,200.
Lead-acid batteries for motorcycles are the core equipment of motorcycles and their demand changes with the needs of motorcycles. With the steady recovery of the economy, the increase in the income level of residents, especially the increase in the income level of rural residents, has promoted the demand for motorcycles as a fast transportation tool. In the long run, the demand for motorcycles in China has a good prospect. The Prospective Industry Research Institute predicts that the demand for lead-acid batteries for motorcycle start-ups will increase at a small growth rate in the next five years. By 2023, the demand for lead-acid batteries for motorcycle start-ups will be 43,740,300.
China's start-up lead-acid battery market has good prospects
According to the forecast of the demand for lead-acid batteries for the start-up of automobiles and motorcycles in China, the future market size of lead-acid batteries for start-ups in China can be roughly predicted. According to the analysis, the production and sales scale of China's start-up lead-acid batteries will reach 83.5 million kVAh in 2023.
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