MRO Magazine

Technavio Says Increased Use of Li-ion Batteries for E-bikes Will Help Expand the Vendor Landscape in the Li-ion Battery Market for E-bikes in Europe Through 2019


June 26, 2015
By Business Wire News

LONDON

Technavio has published a new report on the li-ion battery market for e-bikes in Europe, which is expected to grow at a CAGR of almost 40% from 2015-2019.

About the Report

With Europe’s growing population, urbanization, and increase in disposable income, the demand for e-bikes is intensifying significantly. E-bikes using li-ion do not emit harmful gases, which lends to its popularity among end-users.

“The e-bike market in Europe is highly dependent on China for li-ion batteries, as China is the largest manufacturer of these batteries. The production levels of li-ion have increased in the past because the Chinese government is focusing aggressively on curbing lead pollution levels and lead poisoning issues,” says Faisal Ghaus, Vice President of Technavio.

The new market research report by Technavio also highlights technological innovations.

“Vendors have started developing next-generation batteries that offer more efficient and reliable energy storage in a cost-effective manner,” says Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and the growth prospects of the li-ion battery market for e-bikes in Europe from 2015-2019. To calculate the market size, Technavio has considered the overall li-ion battery market demand by the sales of e-bikes in Europe.

Key Information Covered in the Report:

  • Key Vendors:
    • BMZ GmbH
    • BYD Co. Ltd.
    • Johnson Matthey Battery Systems
    • LG Chem Ltd.
    • Panasonic Corp.
    • Phylion Battery Co. Ltd.
  • Market Growth Drivers:
  • Market Challenges:
  • Market Trends:

Technavio has more than 3,000 market research reports on an extensive range of topics, with 300-plus reports on the li-ion battery market. Examples include:

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com