Welcome!

News Feed Item

Tianneng Power International Awarded with Ipsos China Leading Brand for E-bike Motive Battery for the Second Consecutive Year

Ipsos in China

BEIJING, April 8, 2014 /PRNewswire/ -- For the second consecutive year, Tianneng Power International Limited ("Tianneng", 00819.HK) has been honored by Ipsos, a leading global research house, with the China Leading Brand award for its E-bike Motive Battery. The award, based upon the assessment of a portfolio of indicators, including market share, sales growth, brand awareness, and customer satisfaction, recognizes Tianneng's performance and overall strength in the market. Tianneng leads the Chinese electrical battery market with a 35 percent and 51 percent market share in the electric bicycle and low-speed electric vehicle sectors in 2013, respectively, according to Ipsos' estimates.

(Logo: http://www.prnasia.com/sa/2013/08/02/2013080212420471604.jpg )
(Photo: http://photos.prnasia.com/prnh/20140408/0861402198-a )
(Photo: http://photos.prnasia.com/prnh/20140408/0861402198-b )
(Photo: http://photos.prnasia.com/prnh/20140408/0861402198-c )

The electrical battery products market is expected to record a compound annual growth rate of 14 percent during the period spanning 2013-2020, driven by strong demand from environmentally-friendly electric vehicle manufacturing, in line with government actions to encourage consumption of alternative energy so as to reduce dependence on oil and the impact of heavy smog on daily life, stated Ipsos in its research report, 2013 Market & Industry Analysis on China E-bikes and E-bike Motive Batteries. The report forecasts that sales of electrical battery products will reach US$16.8 billion in 2020, more than double the US$6.6 billion posted in 2012. "Demand for electrical battery products in China is set to rise rapidly through 2020 thanks to a huge inventory of electric bicycles and an explosive growth in the electrical tricycles market," said Mr. Cui Xiaobo, head of Ipsos Business Consulting's Beijing Office.

The report reveals that electric bicycle ownership in China exceeded 120 million units as of the end of 2013, driven by increased buying power in rural areas. Ipsos predicts that electric bicycle ownership in the country is expected to reach 160 million units by 2020, on the basis of a compound annual growth rate of 4 percent between 2013 and 2020, while sales of motive batteries for electric bicycles are forecast to grow at a compound annual rate of 6 percent during the period to reach US$7.6 billion in both primary and secondary markets. According to analysis by Ipsos, as the vehicle of choice for senior citizens in rural areas, electrical tricycle sales have seen faster growth in recent years, with sales in 2013 rising 46 percent year-on-year to 20.9 million units, with the figure expected to increase to 102 million by 2020, in concert with the growth of the country's aging population. Sales of motive batteries for electric tricycles are forecast to achieve a compound annual growth rate of 27 percent between 2013 and 2020, eventually hitting US$7 billion and creating a huge market of similar size with that for electric bicycle batteries. Meanwhile, in line with China's call to develop energy-saving and environmental-friendly products, low-speed electric vehicles are answering the call. China's ownership of low-speed electric vehicles was 430,000 units in 2013. Ipsos expects the figure is to jump to 4.79 million units by 2020. In addition, competitively priced lead batteries that power low-speed electric vehicles will also enjoy a boom as one approaches the end of the decade.

Lead battery manufacturers have consolidated to around 200 from more than 1,900 previously, as most were forced to shut down after an environmental inspection blitz led by the Ministry of Environmental Protection in 2011. Although the domination of lead batteries in the electrical vehicle market will continue for the near term, technical upgrades will gradually promote the development of lithium batteries, with rapid growth for the lithium variety expected in the electric bicycle market and with market share projected to hit around 10 percent by 2020, according to Ipsos.

About Ipsos in China

Founded in Paris, France, in 1975 and publicly-listed in 1999, Ipsos is a global leading research company, which is the only independent research company that is controlled and managed by research professionals. Ipsos now has 16,000 employees, servicing 5,000+ clients, conducting 70+ million interviews per year, and executing 100,000+ annual projects across 85 countries. Ipsos now ranks 1st in the Chinese market research industry. Entering China in 2000, Ipsos in China now has offices in 5 cities including Shanghai, Beijing, Guangzhou, Chengdu, and Wuhan, and is home to around 1,500 professionals.

Ipsos embraces the Worldwide Specialist Business Lines (WSBL) structure and Centre of Excellence (COE) structure, which focus on advertising (Ipsos ASI), marketing (Ipsos Marketing), media (Ipsos MediaCT), opinion & social (Ipsos Public Affairs), customer & employee relationship management (Ipsos Loyalty) and data collection and delivery (Ipsos Observer), and Auto, and Finance & Service. Each WSBL and COE is a business unit (BU).

Our vision remains intact: To make research one of the primary means of understanding contemporary society, and to make Ipsos the strategic partner for those who wish to better understand the world. Our ambition is to enrich and to strengthen our offer in each of our areas of specialization, and to deliver the best possible service to our clients. Our company adheres to industrial regulations and professional rules, such as ESOMAR and ISO20252. Please visit www.ipsos.com.cn for more information.

About Ipsos Business Consulting

Ipsos Business Consulting (BC) is the strategic business unit of Ipsos, which assists clients globally to enter, evolve and expand in emerging and developed markets through fact based market analysis. BC has been assisting clients with their growth strategies since 1994 and has a strong track record with more than 2,000 consulting engagements covering markets globally. The areas of specialization include market opportunity assessment, competitive analysis, new product development, distribution channel and value chain analysis, market entry strategy, and partner diligence. The decision to enter, evolve and expand in a market is complex and unstructured. There are multiple stages involved in this decision process and it is imperative that every step is backed up by market facts. BC, with its vast experience in the growth strategy space, has developed its proven Path to Growth™ approach and offers its clients methodologies and expertise in all of these stages. Visit http://www.ipsos.com/marketing/ipsos-business-consulting for more.

SOURCE Ipsos in China

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and containers together help companies achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of Dev...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
While not quite mainstream yet, WebRTC is starting to gain ground with Carriers, Enterprises and Independent Software Vendors (ISV’s) alike. WebRTC makes it easy for developers to add audio and video communications into their applications by using Web browsers as their platform. But like any market, every customer engagement has unique requirements, as well as constraints. And of course, one size does not fit all. In her session at WebRTC Summit, Dr. Natasha Tamaskar, Vice President, Head of C...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, discussed the impact of technology on identity. Sho...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...