TechNavio today launched its report Global Electric Bike Battery Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the current and future landscape of this market.
Commenting on the report, an analyst from TechNavio™s Clean Tech team said, The Global e-bike market is one of the fastest-growing markets in the world. Many developing and developed countries are adopting e-bikes faster in comparison to other automobile vehicles. Increasing health awareness, rising fuel prices, and increasing disposable incomes are some of the major drivers of the Global e-bike market growth. These factors have had a direct impact on the Global e-bike Battery market as a result.
According to the report, vendors have started to develop next-generation batteries for e-bike applications. The market is dominated by both lead-acid and li-ion battery vendors. However, these two battery vendors are facing challenges such as price war, lead content pollution, and high cost of li-ion batteries. Therefore, vendors have started to develop next-generation batteries, which give more efficient and reliable energy storage in a cost-effective manner.
The report also discusses the key challenges impacting the growth of this market including increasing concern about the battery lifecycle.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-electric-bike-battery-market-2011%E2…
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TechNavio Announces the Publication of its Report “ Global Electric Bike Battery Market 2011-2015
