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RV Battery Market Size, Share with COVID-19 Impact Analysis, Report by RV type (Travel Trailer, Fifth Wheel, Class A, Class B, and Class C), Battery Type (Lead-Acid Batteries, Flooded Batteries, AGM Batteries, Gel-Type Batteries, Lithium Batteries, And Fuel Cell), Voltage Range (6 volts, 8 volts, 12 volts, 24 & 36 volt, 48 volts, and others), Battery Function (Starting Batteries, Deep Cycle Batteries, And Dual-Purpose Batteries), Sales Channel (OEM And Aftermarket Or Replacement), Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2028

Categories: Energy and Power

Formate :

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. 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 that is 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 be supplied 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 market, 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 terms of 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 of a battery. 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 in terms of 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. 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 market is anticipated to recover through economic losses by increasing the production volume of vehicle components as well as 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 global RV Battery market is segmented into RV type, battery type, voltage range, battery function, and sales channel. Based on RV type the global RV battery market is segmented into Travel Trailer, Fifth Wheel, Class A, Class B, and Class C. the traveler trailer leads the RV type segment this is due to increasing adventure activities such as trekking and camping. Based on battery type the global RV Battery market is segmented into lead-acid batteries, flooded batteries, AGM batteries, gel-type batteries, lithium batteries, and fuel cell. In terms of voltage range, the global RV battery market is segmented into 6 volts, 8 volts, 12 volts, 24 & 36 volt, 48 volts, and others. The 12-volt batteries hold the major share of the voltage range segment this is as 12 volts is safer to use than other volts. On the basis of battery function the global RV battery is segmented into starting batteries, deep cycle batteries, and dual-purpose batteries. In terms of sales channel, the global RV Battery market is segmented into OEM and aftermarket or replacement.

 

Geographically 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 the presence of 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.

 

Some of the key players in the global RV battery market are 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 and U.S. Battery. 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 players in the global RV battery market.

 

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


 

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Personalize this Research

  • Market Size and Share from 2016 - 2027
  • Expected Market Growth Until 2027
  • COVID-19 Impact assessment on the market
  • Market Dynamics and Impact Analysis
  • Segment and region that will drive or lead the market growth and why
  • Industry activity comprising Mergers, Acquisitions, Expansion, etc.
  • Comprehensive Mapping of the Competitive Landscape
  • In-depth analysis of key sustainability strategies adopted by market players
  • Global and regional market trends – Current and Future
  • Value Chain Analysis
  • Porters Five Forces Analysis
  • Historical and Current Product Pricing
  • Country Cross-Segment Analysis
  • Company Profiling
  • Player Comparison Matrix

Energy and Power Clients

RV Battery Market Size, Share with COVID-19 Impact...

RD Code : EP21