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The powersports batteries market size is estimated to grow by USD 2.31 billion at a CAGR of 5.25% between 2023 and 2028. Market expansion relies on various factors, including major motorcycle OEMs entering the electric motorcycle sector, rising demand for ATVs in recreational and adventurous sports, and advancements in battery technology. These elements collectively drive market growth, reflecting industry innovation and evolving consumer preferences. The entrance of major motorcycle OEMs into the electric motorcycle sector underscores the shift towards sustainable transportation options. Simultaneously, the increasing demand for ATVs signifies the popularity of outdoor recreational activities. Additionally, advancements in battery technology enhance the performance and range of electric vehicles, further stimulating market growth. Thus, the interplay of these factors delineates the landscape for the anticipated expansion of the market catering to electric motorcycles, ATVs, and related technologies, presenting opportunities for stakeholders in the automotive and recreational industries.
It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Vehicle Type
7 Market Segmentation by Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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