Market Dynamics

The growing interest of consumers towards electric bicycles is expected to drive the growth of electric bike battery market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.Electric bikes enable the elderly and physically challenged people to ride bikes, as there is seldom any pedaling involved. Electric bikes can carry heavy loads up and down slopes.

Electric bike batteries are an essential component of an electric bike.

Segment Analysis

The Li-ion (lithium-ion) type segment is expected to account for a considerable share of the electric bike batteries market due to its proven safety and range. This is the default battery type used in E-bikes. Other factors driving the growth of this segment are its ability to last long, generate more power, and weight.

Key Factors Impacting Market Growth:

• The growing interest of consumers towards electric bicycles
• Support and assistance from the government towards electric bicycles
• Increasing demand for long-lasting batteries
• A limited number of charging stations
• High prices of electric bicycles

Regional Outlook:

The regional outlook for electric bicycle batteries market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for electric bicycle batteries market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of electric bicycle batteries market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. 

Asia Pacific is estimated one of the fastest growing regions for electric bicycle batteries market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Samsung SDI, BYD, ChaoWei, Panasonic, GS Battery, Exide Technologies, SBS Battery, Fiamm

Market Segmentation:

By Type:

• SLA (Lead-acid)
• NiCd (Nickel-cadmium)
• NiMh (Nickel-metal Hydride)
• Li-ion (Lithium-ion)
• Li-pol (Lithium-ion Polymer)
• LCO (Lithium Cobalt) 
• LiMg204 (Lithium Manganese)

By Voltage:

• 24V
• 36V
• 48V
• 72V

By Region:

• North America
  • By Country (US, Canada, Mexico)
  • By Type
  • By Voltage
• Western Europe:
  • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
  • By Type
  • By Voltage
• Eastern Europe:
  • By Country (Russia, Turkey, Rest of Eastern Europe)
  • By Type
  • By Voltage
• Asia Pacific
  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Type
  • By Voltage
• Middle East:
  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
  • By Type
  • By Voltage
• Rest of the World
  • By Region (South America, Africa)
  • By Type
  • By Voltage

Reasons to Buy This Report:

• Market size estimation of the electric bicycle batteries market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment
• By Sub-segment
• By Region/Country

For more information, contact: [email protected]