Global Electric Motorcycles Market, By Types (SLA, Li-ion, NiMH, Others), Vehicle Range (Below 75 Miles, 75–100 Miles, Above 100 Miles), Battery Type (Li-ion, Lead Acid, Nickel Metal Hydride), Voltage (Below 24 Volt, 24–48 Volt, 48–60 Volt, Above 60 Volt), Application (Racing, Daily Commute, Off-road Use, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to
Market Analysis and Insights: Global Electric Motorcycles Market
Electric motorcycles market is expected to witness market growth at a rate of 7.40% in the forecast period of 2020 to 2027. Data Bridge Market Research report on electric motorcycles market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Electric motorcycles are also termed as electric motorbikes or e-bikes, built with solid metal and fiber frames that are combined with mechanical and electronic components. They are widely utilized in applications such as daily commute, racing, off-road use and others.
The increasing consumer awareness towards climate change, rising population resulting in traffic congestion across several countries, low maintenance cost of electric vehicle (EV), tax concession on environment-friendly vehicles are some of the factors expected to drive the growth of the electric motorcycles market in the forecast period of 2020-2027. On the other hand, the rising popularity of electric motorcycles will create several opportunities that will lead to the growth of the electric motorcycles market in the above mentioned forecasted period.
Dearth of infrastructure for battery charging and high price of batteries will act as restraints and may hamper the growth of the electric motorcycles market in the above mentioned forecasted period.
This electric motorcycles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on electric motorcycles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Electric Motorcycles Market Scope and Market Size
Electric motorcycles market is segmented on the basis of types, vehicle range, battery type, voltage and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the electric motorcycles market has been segmented into SLA, Li-ion. NiMH, and others.
- On the basis of vehicle range, the electric motorcycles market has been segmented into below 75 miles, 75–100 miles, and above 100 miles.
- On the basis of battery type, the electric motorcycles market has been segmented into Li-ion, lead acid, and nickel metal hydride.
- On the basis of voltage, the electric motorcycles market has been segmented into below 24 volt, 24–48 volt, 48–60 volt, and above 60 volt.
- On the basis of application, the electric motorcycles market has been segmented into racing, daily commute, off-road use, and others.
Electric Motorcycles Market Country Level Analysis
Electric motorcycles market is analysed and market size, volume information is provided by country, types, vehicle range, battery type, voltage and application as referenced above.
The countries covered in the electric motorcycles market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the electric motorcycles market due to the growing production and increasing consumer preference towards adoption of electric vehicles in order to control carbon emission. North America is estimated to grow in the forecast period of 2020-2027 because of the growing government initiatives towards raising awareness of such products among individuals.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Electric Motorcycles Market Share Analysis
Electric motorcycles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electric motorcycles market.
The major players covered in the electric motorcycles market report are KTM Sportmotorcycle GmbH, Yamaha Motor Co., Ltd., GenZe by Mahindra, Bayerische Motoren Werke AG, Energica Motor Company, Terra Motors India Pvt. Ltd, Victory Motorcycles, Amego Electric Vehicles Inc, Harley-Davidson, Zero Motorcycles, Faster Inc., American Honda Motor Co., Inc, GOVECS, Ampere Vehicles and Suzuki among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.