SYS-CON MEDIA Authors: PagerDuty Blog, Michael Jannery, Pat Romanski, Elizabeth White, Liz McMillan

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
Puppet Labs on Wednesday released the DevOps Salary Report, based on salary data gathered from Puppet Labs' industry-recognized State of DevOps Report. The data confirms that market demand for DevOps skills is growing, and that DevOps engineers are among the highest paid IT practitioners today. That's because IT organizations today are grappling with how to be more agile and responsive to the business, while maintaining the stability of their infrastructure. DevOps practices, such as continuous ...
AppDynamics, the application intelligence leader for software-defined businesses, announced the general availability of the AppDynamics Fall '14 Release. Serving the combined needs of IT and business teams across the enterprise, the latest release provides a comprehensive view across all aspects of digital performance in ultra large scale deployments. AppDynamics delivers Application Intelligence by building out advanced capabilities across the key areas of analytics, unified monitoring and D...
CloudBees, Inc., has announced a $23.5 million financing round, led by longtime CloudBees investor Lightspeed Venture Partners. Existing investors Matrix Partners, Verizon Ventures and Blue Cloud Ventures also participated in the round. The latest funding announcement follows earlier rounds of $4 million, $10.5 million and $10.8 million, bringing the total investment in CloudBees to just under $50 million since the company’s inception in 2010. Previous venture investment rounds were led by Ma...
“We are strong believers in the DevOps movement and our staff has been doing DevOps for large enterprise environments for a number of years. The solution that we build is intended to allow DevOps teams to do security at the speed of DevOps," explained Justin Lundy, Founder & CTO of Evident.io, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by minin...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Can the spatial component of your Big Data be harnessed and visualized, adding another dimension of power and analytics to your data? In his session at Big Data Expo®, John Meza, Product Engineer and Performance Engineering Team Lead at Esri, discussed the spatial queries that can be used within the Hadoop ecosystem and their integration with GeoSpatial applications. The GIS Tools for Hadoop project was also discussed and its implementation to discover location-based patterns and relationships...
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Today, IT is not just a cost center. IT is an enabler and driver of business. With the emergence of the hybrid cloud paradigm, IT now has increasingly more capabilities to create new strategic opportunities for a business. Hybrid cloud allows an organization to utilize multi-tenant public clouds, dedicated private clouds, bare metal hosting, and the associated support and services for the right use cases through an on-demand, XaaS model. This model of IT creates tremendous opportunities for busi...
Cloud computing started a technology revolution; now DevOps is driving that revolution forward. By enabling new approaches to service delivery, cloud and DevOps together are delivering even greater speed, agility, and efficiency. No wonder leading innovators are adopting DevOps and cloud together! In his session at DevOps Summit, Andi Mann, Vice President of Strategic Solutions at CA Technologies, explored the synergies in these two approaches, with practical tips, techniques, research data, wa...
Software AG and Wipro Ltd. have announced a joint solution platform for streaming analytics that provides real-time actionable intelligence for the Internet of Things (IoT) market. “The key to successfully addressing the IoT market is the ability to rapidly build and evolve apps that tap into, analyze and make smart decisions on fast, big data”, said John Bates, Global Head of Industry Solutions and CMO, Software AG. To address the huge market potential created by streaming analytics in conj...
Appcore deploys cloud for service providers based on the Apache Cloud set. In this demo at 15th Cloud Expo, Nate Gordon, Director of Technology at Appcore, shows their new product that's coming out in January - Appcore Atlas, which is focused on deploying private clouds based on CloudStack in 15 minutes or less. Our upcoming June 9-11, 2015, event in New York City will present a total of 10 simultaneous tracks (the largest conference content in the world) by an all-star faculty, over three days...
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of present...
IBM has announced a new strategic technology services agreement with Anthem, Inc., a health benefits company in the U.S. IBM has been selected to provide operational services for Anthem's mainframe and data center server and storage infrastructure for the next five years. Among the benefits of the relationship, Anthem has the ability to leverage IBM Cloud solutions that will help increase the ease, availability and speed of adding infrastructure to support new business requirements.