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The global RV Battery market is valued at USD 326.7 million in 2019 and is expected to grow at 3.4% CAGR and is anticipated to reach USD 399.3 million by 2025.
RV batteries are also known as “deep cycle” batteries that generate a steady amount of current over a long period and can be discharged and recharged over again. Best RV Batteries are designed to power electronic accessories vehicle’s engine is not running or during dry camping for an extended period. A deep cycle is the amount of steady current provided over an extended period where your battery is the main source of energy, powering various RV Electronics.
The RV battery has thicker plates that can be discharged and recharged over and over again. These batteries are designed to last longer than a standard battery. Deep cycle batteries are dignified in “amps per hour,” which is the number of amps that can supply within 20 hours. They are also measured in “reserve capacity,” that is number of minutes that a battery can deliver 25 amps at 80 degrees F until it drops below 10.5 volts.
Several factors are driving the global RV battery industry. One of them is vehicle electrification. Vehicle electrification refers to a range of technologies that utilizes electricity to drive a vehicle. Electric vehicles are also expected to help achieve the target of low carbon emissions from vehicles. Also, major players engaged in the value chain of manufacturing recreational vehicles are anticipated to move toward vehicle electrification.
Vehicle electrification enables RVs to be fitted with state-of-the-art luxury equipment such as navigation systems, satellite television, stereo systems, HVAC systems, GPS, and advanced safety systems. Hence, an upsurge in vehicle electrification is anticipated to fuel the global recreational vehicles (RVs) batteries market. Technological advances in battery storage are projected to boost the global recreational vehicles (RVs) batteries market. Battery technologies, such as Li-ion batteries and solid-state batteries, have promoted automakers and OEM players to increase the power output. For instance, Li-ion battery technology tolerates the highest level of energy density.
The huge choice of cell design and chemistries in Li-ion batteries can help performance such as fast charge or temperature operating window (-50°C up to 125°C). Moreover, Li-ion batteries have numerous benefits, for example, very low self-discharge, long lifetime, cycling performances, and typically thousands of charging/discharging cycles. Fast charging technologies charge RV batteries at a speedy rate, and all these factors are expected to boost the global recreational vehicles (RVs) batteries market.
The pandemic caused by COVID-19 has disrupted the supply chain that has negatively impacted the growth of the global RV battery market. However, the RV market is anticipated to recover through economic losses by increasing the production volume of vehicle components and vehicle production from 2021. Also, governments across the globe have ordained stringent regulations on the manufacturing, storage, and transportation of batteries, owing to their chemically sensitive nature. These regulations are expected to hamper the growth of the global RV battery market.
the traveler trailer leads the RV type segment due to increasing adventure activities such as trekking and camping.
The global RV battery market is segmented into 6 volts, 8 volts, 12 volts, 24 & 36 volts, 48 volts, and others in terms of the voltage range.
The 12-volt batteries hold the major share of the voltage range segment; 12 volts is safer to use than other volts.
The global RV battery is segmented into starting batteries, deep cycle batteries, and dual-purpose batteries based on battery function.
The global RV Battery market is segmented into OEM and aftermarket or replacement in terms of the sales channel.
The global RV battery market is segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. North America leads the global recreational batteries market. The high disposable income of the population and the adoption of new technologies by consumers is expected to fuel the growth of the global RV battery market. In addition, increasing awareness about the advantage of electric vehicles and their benefits among consumers in North America is further driving the RV batteries market in the region. The Asia Pacific is anticipated to be a highly lucrative market; globally, this is primarily due to a prominent automotive industry in China, Japan, and India. Furthermore, a steady rise in vehicle manufacturing across East Asia is projected to drive the global RV batteries market.
. The key players in the market are collaborating to manufacture novel products. The major players are also investing in acquiring license rights from other battery systems companies to further manufacture advanced and quality products. For instance, Crown Battery has acquired the licensing rights of GreenSeal Bipolar Lead battery technologies from Advanced Battery Concepts. With this acquisition, the Crown battery is expected to have a competitive advantage over other global RV battery market players.
Global RV Battery Market Growth, Trend and Forecast 2021-2028
Chapter 1 RV Battery Market Overview
1.1 Product Overview and Scope of RV Battery
1.2 RV Battery Market Segmentation by Type
1.2.1 Global Production Market Share of RV Battery by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 RV Battery Market Segmentation by Application
1.3.1 RV Battery Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 RV Battery Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of RV Battery (2014-2028)
Chapter 2 Global Economic Impact on RV Battery Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global RV Battery Market Competition by Manufacturers
3.1 Global RV Battery Production and Share by Manufacturers (2020 and 2020)
3.2 Global RV Battery Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global RV Battery Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers RV Battery Manufacturing Base Distribution, Production Area and Product Type
3.5 RV Battery Market Competitive Situation and Trends
3.5.1 RV Battery Market Concentration Rate
3.5.2 RV Battery Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion
Chapter 4 Global RV Battery Production, Revenue (Value) by Region (2014-2021)
4.1 Global RV Battery Production by Region (2014-2021)
4.2 Global RV Battery Production Market Share by Region (2014-2021)
4.3 Global RV Battery Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global RV Battery Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America RV Battery Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe RV Battery Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China RV Battery Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan RV Battery Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia RV Battery Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India RV Battery Production, Revenue, Price and Gross Margin (2014-2021)
Chapter 5 Global RV Battery Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global RV Battery Consumption by Regions (2014-2021)
5.2 North America RV Battery Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe RV Battery Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China RV Battery Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan RV Battery Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia RV Battery Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India RV Battery Production, Consumption, Export, Import by Regions (2014-2021)
Chapter 6 Global RV Battery Production, Revenue (Value), Price Trend by Type
6.1 Global RV Battery Production and Market Share by Type (2014-2021)
6.2 Global RV Battery Revenue and Market Share by Type (2014-2021)
6.3 Global RV Battery Price by Type (2014-2021)
6.4 Global RV Battery Production Growth by Type (2014-2021)
Chapter 7 Global RV Battery Market Analysis by Application
7.1 Global RV Battery Consumption and Market Share by Application (2014-2021)
7.2 Global RV Battery Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries
Chapter 8 RV Battery Manufacturing Cost Analysis
8.1 RV Battery Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of RV Battery
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 RV Battery Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of RV Battery Major Manufacturers in 2020
9.4 Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
Chapter 12 Global RV Battery Market Forecast (2021-2028)
12.1 Global RV Battery Production, Revenue Forecast (2021-2028)
12.2 Global RV Battery Production, Consumption Forecast by Regions (2021-2028)
12.3 Global RV Battery Production Forecast by Type (2021-2028)
12.4 Global RV Battery Consumption Forecast by Application (2021-2028)
12.5 RV Battery Price Forecast (2021-2028)
Chapter 13 Appendix
RV batteries are also known as “deep cycle†batteries that generate a steady amount of current over a long period and can be discharged and recharged over again. Best RV Batteries are designed to power electronic accessories vehicle’s engine is not running or during dry camping for an extended period.
The global RV Battery market is valued at USD 326.7 million in 2019 and is expected to grow at 3.4% CAGR and is anticipated to reach USD 399.3 million by 2025.
EnerSys, Exide Technologies, Fullriver Battery, Go Power, Harris Battery, Interstate Batteries, Johnson Controls, Lifeline, MIDAC Batteries, MPower, Navitas Systems, RELiON Batteries, Smart Battery, Crown Battery, Discover Battery, East Penn Manufacturing, Trojan Battery, U.S. Battery
Several factors are driving the global RV battery industry. One of them is vehicle electrification. Vehicle electrification refers to a range of technologies that utilizes electricity to drive a vehicle. Electric vehicles are also expected to help achieve the target of low carbon emissions from vehicles.
North America leads the global recreational batteries market. The high disposable income of the population and the adoption of new technologies by consumers is expected to fuel the growth of the global RV battery market.
The global RV Battery market is segmented into RV type, battery type, voltage range, battery function, and sales channel.
Published On:Sep 2021
Base Year:2020
Historical Data:2017 - 2019
No of Pages:250
RV Battery Market Size, Share with COVID-19 Impact...
RD Code : EP22