Market Share of E-Bike Battery Pack Industry
The e-bike battery pack market is moderately consolidated, with major players holding most of the market share. Some of the major players include Bosch, Liv Cycling (EnergyPak), Panasonic, Samsung SDI, and Shinamo Inc. These companies are engaging in new product launches, joint ventures, and mergers and acquisitions to expand their business activities and cement their market position. For instance,
- In September 2022, the US-based e-bike company Optibike launched a 2,500W electric bicycle motor that claims to have the highest power-to-weight ratio in the world.
- In July 2022, ZappBatt and Toshiba signed a partnership agreement to develop long-lasting e-bike batteries using ZappBatt's proprietary AI software and Toshiba's lithium titanium oxide (LTO) battery cells, which will make lithium titanium oxide to be faster, smarter, and more cost-effective battery system.
E-bike Battery Market Leaders
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Robert Bosch GmbH
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Panasonic Industries
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Samsung SDI
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Shimano Inc.
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Liv Cycling (Energy Pak)
*Disclaimer: Major Players sorted in no particular order