Dublin, Nov. 1, 2023 (GLOBE NEWSWIRE) — The “Global e-Bike Battery Market 2023-2027” report has been added ResearchAndMarkets.com offer
The global e-bike battery market is expected to grow robustly, with an expected growth of USD 2.11 billion during the forecast period 2022-2027, driven by a compound annual growth rate (CAGR) of 6.46% . This comprehensive analysis delves into market dynamics, size and forecasts, while highlighting essential trends, growth catalysts and challenges. In addition, it provides detailed vendor analysis with approximately 25 industry leaders.
Current market overview and key drivers
The report presents an up-to-date overview of the e-bike battery market, highlighting the latest trends and driving factors influencing the overall industry environment. Several key drivers supporting this growth include:
- Longer life than Li-ion batteries: Li-ion batteries, a popular choice for e-bikes, offer a distinct advantage with their extended shelf life compared to other battery technologies. This feature increases the appeal of e-bikes to consumers looking for reliable, long-lasting power sources.
- Fuel efficiency of e-bikes: E-bikes are recognized for their exceptional fuel efficiency, making them an economical and ecological transportation option. With growing concerns about sustainability and cost efficiency, this attribute plays a significant role in driving the demand for e-bikes.
- The growing demand for ecological transport: As environmental awareness continues to grow, the demand for eco-friendly transportation alternatives is growing. E-bikes, powered by clean energy sources, are ideally positioned to meet this demand, creating a substantial market opportunity.
Market segmentation
The e-bike battery market is segmented based on distribution channels, battery types, and geographic locations:
Distribution channel:
Battery type:
- Lead acid battery
- Li-ion battery
- Nickel-metal hydride (NiMH) battery.
The geographical landscape:
- Asia Pacific (APAC)
- Europe
- North America
- South America
- Middle East and Africa
Factors Fueling Market Growth
This study identifies advances in e-bike design as a primary driver of e-bike battery market expansion in the coming years. In addition, the increased use of renewable energy sources for charging e-bikes and the growing popularity of connected e-bikes are expected to contribute significantly to the market demand.
Vendor analysis
The report offers in-depth vendor analysis, intended to help clients strengthen their market positions. Major industry players include:
- BMZ Holding GmbH
- Coslight India Telecom Pvt. Ltd.
- Giant Manufacturing Co. Ltd.
- PHOTONA GROUP
- Guangzhou Yuntong Lithium Battery Co. Ltd.
- Hunan CTS Technology Co. Ltd.
- Johnson Matthey Plc
- Kingbo Power Technology Co., Ltd.
- LG Corp.
- The company Melsen Power Technology Co., Ltd.
- OptimumNano Energy Co. Ltd.
- Panasonic Holdings Corp.
- Phylion Battery Co. Ltd.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Shenzhen Handpack Technology Co. Ltd.
- SHIMANO INC.
- VARTA AG
- Yamaha Motor Co. Ltd.
- ZHANGZHOU YOKU ENERGY TECHNOLOGY Co. Ltd.
This comprehensive analysis also highlights upcoming trends and challenges that will impact market growth, helping companies in their strategic decision-making processes and enabling them to exploit growth opportunities on the horizon.
Key attributes
| Reporting attribute | Details |
| No. of Pages | 166 |
| Forecast period | 2022-2027 |
| Estimated market value (USD) in 2022 | $1.55 billion |
| The expected market value (USD) for 2027 | $2.12 trillion |
| Compound annual growth rate | 6.4% |
| Regions Covered | In general |
Key topics covered
1 Executive summary
2 Landscape of the market
3 Market size
4 Historical Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market segmentation by type
8 Customer Landscape
9 Geographical Landscape
10 Drivers, Challenges and Trends
11 Seller landscape
12 Seller Analysis
13 Appendix
For more information on this report visit https://www.researchandmarkets.com/r/z7yycr
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