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Electric motorcycles market

Electric motorcycles market

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Electric motorcycles market

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  1. Electric Motorcycles Market

  2. Market Highlights: The global electric motorcycles market can attain a growth rate of 10.35% during the forecast period (2019–2025). Electric motorcycles function by using electricity as fuel. The electric motorcycle, unlike electric bikes, electric scooters, electric mopeds, and electric bicycles, refers to a two-wheeled vehicle that works with the use of a motor. These vehicles are designed for higher speeds and come with enhanced acceleration as well as high-speed handling characteristics. They are ideal for slow urban commutes or highway speeds and beyond. Furthermore, diminishing oil reserves around the world coupled with rising number of government initiatives to boost the use of green vehicles has given rise to alternative solutions, which benefits the market. The market growth is also the result of considerable investments in vehicle charging infrastructure, surging interest from large scale manufacturers and reduced battery costs. However, a couple of performance constraints and a general lack of awareness regarding electric motorcycles can thwart the ongoing market growth rate in the near future. Browse Complete Report Details:

  3. Segmentation: The worldwide market for electric motorcycle has been segmented on the basis of vehicle range, battery type and voltage. Depending on the vehicle range, the global market can be split into below 75 Miles, 75-100 Miles, and above 100 Miles. With respect to the battery type, the global market has been considered for li-ion, lead acid, and nickel metal hydride. Voltage-based segments in the global market are below 24 Volt, 24-48-volt, 48-60 volt, and above 60 volts. Report Sample:

  4. Regional Analysis: The APAC electric motorcycles market is believed to have the most potential to achieve the highest CAGR during the forecast period. The region is showing remarkable progress owing to factors like rising concerns about carbon and greenhouse gas (GHG) emissions that have accelerated the need for fuel-efficient vehicles. Burgeoning population, increasing traffic congestion, declining prices of electric motorcycles, and mounting environmental concerns add to the market strength in the region. Europe along with North America will demonstrate significant market growth in the following years, given the quick rate of adoption of electric motorcycles and the strong support given by the government in the form of financial and non-financial incentives. Also, high commuter base in these regions stimulates market growth. Rising availability of smart charging stations also offers a host of opportunities to both these regional markets in terms of growth. Solar-powered and automated charging stations are becoming popular, which also benefits the market. Electric motorcycles providers are striving to make a mark in the market by designing and developing these types of charging stations to expand the horizons of complete nature-based transportation.

  5. Industry News In 2019, Revolt Motors (India) launched the Revolt RV400 with the range of 156km per charge and can be plugged directly to a 15-ampere socket for a full charge in four hours. The motorcycle also comes up with a swappable battery that can be ordered via the company's cell phone application and can be delivered to the desired location at a convenient time slot. In 2019, TACITA SRL (Italy), based in Torino, Italy, announced to enter the U S market. The company joins other US-based members of the electric motorcycle industry, including dominant players such as Zero Motorcycles and Lightning Motorcycles. In 2018, Zero Motorcycles Inc. (US) launched DSR Black Forest Edition designed exclusively for European consumers. The electric touring bike features Zero’s optional “Charge Tank” and a cruising range of up to 260 km. In 2018, Harley-Davidson, Inc. (US) launched its first electric motorcycle, the LiveWire with high-voltage battery (or RESS; Rechargeable Energy Storage System) composed of lithium-ion cells surrounded by a finned, cast-aluminum housing. The high-voltage battery provides 225 km of city range or 142 km of combined stop-and-go and highway range.

  6. Key players Top vendors influencing the worldwide electric motorcycles market include Electric Motion (France), LITO MOTORCYCLES (France), Revolt Motors (India), Bell Custom Cycles (BCC) (US), Alta Motors (US), TACITA SRL (Italy), Zero Motorcycles Inc. (US), Blacksmith Electric (India), Husqvarna Motorcycles GmbH (Austria), Johammer e-mobility GmbH (Germany), Harley-Davidson, Inc. (US), Essence Motorcycles (France), Razor USA LLC. (US), Energica Motor Company S.p.A.(Italy), Torkmotors (India), among others. Read More:

  7. Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: