Electric Motorcycles Market Size, Trends, Growth and Competitive Analysis

Electric Motorcycles Market Size, Trends, Growth and Competitive Analysis

Blog Article

Global Electric Motorcycles Market - Size, Share, Demand, Industry Trends and Opportunities

Global Electric Motorcycles Market, By 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) – and Industry Trends

Data Bridge Market Research analyses that the electric motorcycles market value, which was USD 31.5 billion in 2021, is expected to reach the value of USD 57.44 billion by 2029, at a CAGR of 7.80% during the forecast period. "48–60 Volt" accounts for the largest voltage segment in the electric motorcycles market, owing to the growing penetration of electric two-wheelers, especially in developed economies. The electric motorcycles market report also covers pricing analysis, patent analysis, and technological advancements in depth.

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https://www.databridgemarketresearch.com/reports/global-electric-motorcycles-market

**Segments**

The global electric motorcycles market is segmented by product type, battery type, voltage, technology, and geography. By product type, the market is categorized into scooters, motorcycles, and others. Scooters are expected to dominate the market due to their increasing popularity as a convenient and eco-friendly mode of transportation in urban areas. Motorcycles segment is also gaining traction among consumers who prefer a more traditional motorcycle design with electric technology. In terms of battery type, the market is divided into lead-acid, lithium-ion, and others. Lithium-ion batteries are witnessing high demand owing to their superior performance and energy density compared to lead-acid batteries. By voltage, the market includes low voltage and high voltage segments, with high voltage batteries becoming increasingly common in electric motorcycles for better efficiency and power output. The technology segment comprises plug-in and battery-based electric motorcycles, with plug-in electric motorcycles expected to witness significant growth due to the ease of charging infrastructure availability.

**Market Players**

- Harley-Davidson
- Zero Motorcycles
- Lightning Motorcycle
- Energica Motor Company S.p.A.
- Alta Motors
- Tork Motors
- KTM AG
- Gogoro Inc.
- Johammer
- CAKE

The global electric motorcycles market is witnessing substantial growth due to several key factors. One of the primary drivers is the increasing environmental concerns and the shift towards sustainable transportation solutions. Electric motorcycles offer zero-emission transportation, reducing carbon footprint and contributing to cleaner air quality. Additionally, rising fuel prices and the need for energy-efficient vehicles are driving the adoption of electric motorcycles. Government initiatives and incentives to promote electric vehicles are also propelling market growth. For instance, subsidies, tax benefits, and charging infrastructure development are encouraging consumers to choose electric motorcycles over conventional fuel-powered ones. Moreover, technological advancements in battery technology, such as improved energy density and faster charging capabilities, are making electric motorcycles more practical and appealing to a broader consumer base.

Despite the positive growth outlook, the global electric motorcycles market faces challenges that could hinder its expansion. High initial costs of electric motorcycles remain a significant barrier for mass adoption, especially in developing economies where affordability is a crucial factor for consumers. Limited range and charging infrastructure also pose challenges, as consumers may be concerned about the availability of charging stations during long trips. Moreover, the perception of electric motorcycles as less powerful or less stylish than traditional gasoline-powered motorcycles might deter some consumers from making the switch. However, with ongoing research and development efforts to enhance battery technology, extend range, and improve performance, these challenges are expected to be addressed over time, driving increased acceptance of electric motorcycles in the market.

Overall, the global electric motorcycles market is poised for significant growth driven by environmental awareness, technological advancements, and government support. With key players continuously innovating and expanding their product offerings, the market is likely to witness a surge in demand for electric motorcycles in the coming years.

Electric Motorcycles Key Benefits over Global Competitors:

• The report provides a qualitative and quantitative analysis of the Electric Motorcycles Market trends, forecasts, and market size to determine new opportunities.


• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.


• Top impacting factors & major investment pockets are highlighted in the research.


• The major countries in each region are analyzed and their revenue contribution is mentioned.


• The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Electric Motorcycles Market Landscape

Part 04: Global Electric Motorcycles Market Sizing

Part 05: Global Electric Motorcycles Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Critical Insights Related to the Electric Motorcycles Included in the Report:

1. Exclusive graphics and Illustrative Porter’s Five Forces analysis of some of the leading companies in this market


2. Value chain analysis of prominent players in the market


3. Current trends influencing the dynamics of this market across various geographies


4. Recent mergers, acquisitions, collaborations, and partnerships


5. Revenue growth of this industry over the forecast period


6. Marketing strategy study and growth trends


7. Growth-driven factor analysis


8. Emerging recess segments and region-wise market


9. An empirical evaluation of the curve of this market


10. Ancient, Present, and Probable scope of the market from both prospect value and volume

The investment made in the study would provide you access to information such as:

• Electric Motorcycles Market [Global – Broken-down into regions]


• Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]


• Country wise Market Size Split [of important countries with major market share]


• Market Share and Revenue/Sales by leading players


• Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.


• Market Size)


• Market Size by application/industry verticals


• Market Projections/Forecast

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