Market Research Report
E-Bike Battery and Charging Infrastructure Market - Growth, Trends, and Forecast (2020 - 2025)
|Published by||Mordor Intelligence LLP||Product code||925558|
|Published||Content info||80 Pages
Delivery time: 2-3 business days
|E-Bike Battery and Charging Infrastructure Market - Growth, Trends, and Forecast (2020 - 2025)|
|Published: February 1, 2020||Content info: 80 Pages||
The global E-bike battery and charging infrastructure market is expected to register a CAGR of 3.87%, during the forecast period, 2020-2025.
Battery Technology Witnessing Developments in the Market
The battery technology has seen a tremendous advancement over the past two decades and shows no signs of stopping in the coming years as well. From sealed lead acid batteries to lithium-based batteries have been predominately adopted in the e-bike market across the globe.
Many battery companies have been investing in R&D as well as expanding their production plants across different regional markets to improve the battery's lifespan and meet the growing demand for e-bikes. For instance, in China, Wuxi-based battery manufacturer, Jiangsu NESC Science, and Technology company has developed a battery, based on graphene-polymer technology. This graphene battery can handle fast charging (in less than 15 minutes), and the addition of this technology brings unprecedented properties since the carbon atoms in graphene are superconductive.
Over the past five years, majority of the e-bike batteries stated to last for 500 charging cycles. However, with consistent improvement in battery technology, currently some of the e-bike batteries rated to last for over 1000 charging cycles.
Growing Trend for Dockless Charging Stations
With growing demand for e-bike rental services in Europe, North America as well as China, the e-bike rental companies have extended their service from dock e-bike stations to dockless e-bike facilities, where the user need not have to return the rented e-bike at a particular destination place or pick up place, instead can return it at any of their nearest e-bike stations available at their destination place.
To promote the above trend, many areas in the above-mentioned regions have gradually started legalizing dockless e-bike facilities in 2019. With these dockless e-bike facilities, the need for deploying charging infrastructure has also been growing among the rental e-bike companies. To tap this potential demand, the charging infrastructure suppliers have started engaging and partnering with various parking service companies (handling parking lots and on-street spaces) as well as privately owned garages and planning to deploy charging facilities to these dockless e-bike rentals. For instance, GetCharged Inc., a micro-mobility company dedicated to building the largest network of electric charging, storage and service stations for e-scooters, announced its plans to deploy dockless vehicle charging parking in North America.
Key players in the e-bike battery market include YOKU Energy Technology Limited, SAMSUNG SDI Cp., LG Chem Ltd., etc. While e-bike charging infrastructure, key players include GetCharged Inc., Siemens AG, Giulio Barbieri S.r.l, etc.