London, 09 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the global li-ion battery for e-bikes 2015-2019, which is expected to grow at a CAGR of 30.2% during the forecast period of 2014-2019.
The demand for e-bikes has increased globally due to growing traffic congestion, rising pollution, and climate change issues. E-bike manufacturers are shifting their preference from lead-acid to Li-ion batteries as they are lighter and have higher energy density.
“Manufacturers are researching the best type of Li-ion batteries for e-bikes and are also investing more in technology, quality control, and human resources,” says Faisal Ghaus, Vice President of Technavio.
“Chinese manufacturers have started manufacturing high-end e-bike products. For instance, for technological innovation and quality improvement, German company Bosch and Chinese e-bike maker Yadea entered in a strategic partnership to improve e-bikes and facilitate manufacturers to provide an 18-month warranty.”
Key Market Drivers
- Increased Use of Li-ion Batteries in E-bikes
- Decreasing Cost of Li-ion Batteries
- Conventional Powered Motorcycle Bans and Regulatory Support in China
- Environmental Pollution Due to Use of Lead-acid Batteries
Key Market Trends
- Increased Focus toward Building Better Batteries
- Technological Innovation and Trend toward High-end Products
- Growing Li-ion Battery Production in China
Key Market Vendors
- BMZ GmbH
- BYD Co. Ltd.
- China BAK Battery
- Coslight Group
- Johnson Matthey Battery Systems
- LG Chem Ltd.
- Panasonic Corp.
- SAFT Groupe SA
- Samsung SDI Co. Ltd.
- Tianjin Lishen Battery Co. Ltd.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
