High-Performance Electric Motorcycle Market Report

The global high-performance electric motorcycle market is expected to gain from increasing awareness about the benefits of using electric vehicles such as reduction or elimination of fuel costs. Manufacturers may look to help their customers become energy independent by launching high-performance electric motorcycles that can be powered using electricity from renewable sources. The focus could also be on improving the mile range and reducing the weight of high-performance electric motorcycle. Customers could gain from decreasing battery prices as OEMs look to pass down the benefit. Manufacturers are foreseen to concentrate on product innovation and enter into strategic agreements to increase their market share.

QYR Consulting predicts the global high-performance electric motorcycle market to expand at a moderate CAGR of 4.5% between 2019 and 2025. The global market value is foretold to reach approximately US$1.5 Bn by the end of 2025. In 2018, it reached around US$1.1 Bn. The authors of the report have provided detailed analysis of the vendor landscape, market segmentation, regional growth, and other important subjects related to the global market.

Market Dynamics

Government incentives and subsidies for electric vehicle buyers are predicted to provide strong support to the growth of the global high-performance electric motorcycle market. Reduction in the price gap between vehicles using internal combustion engine and high-performance electric vehicles could augur well for the global market. OEMs are observed to offer price reductions and incentives to help reduce this gap. More or less the same performance levels achieved by high-performance electric motorcycle compared to a motorcycle powered by internal combustion engine could increase interest in the global market. Growing popularity of electric vehicles and need to reduce vehicle emissions are among leading factors anticipated to push the demand for high-performance electric motorcycle.

Market Segments

On the basis of product type, the global high-performance electric motorcycle market is segmented into 100hp≤ output power, 3hp≤ output power <12hp, 75hp≤ output power <100hp, 12hp≤ output power <20hp, 45hp≤ output power <75hp, and 20hp≤ output power <45hp. By application, the global market is segmented into street market and off-road market.

By Region

Key Players

Some of the top players of the global high-performance electric motorcycle market are Energica, ZEV, Lightning Motorcycles, Govecs, Zero Motorcycles, Terra Motor, Lito Sora, Yamaha, Saietta, Palla, Brutus, Motoman, Johammer, Alta, KTM, Evoke, Brammo, Gogoro, Hero, BMW Motorrad, and Mahindra.

The automotive industry has undergone myriad changes over the past century. It has stirred a revolution, setting in motion trends that have completely transformed the transportation industry. Digitalization has drastically helped business models evolve by leaps and bounds. Major developments in the emerging economies have provided the automotive and transportation industry is a massive boost in recent years.

Increasing investments in automobile manufacturing, especially in the developing countries, strengthening trade and business opportunities, and growing e-commerce has all made its contribution towards shaping the automotive and transportation industry. Our reports take a detailed look at the various factors driving this industry and assess the lucrative opportunities for the players in the near future. The reports discuss the future of artificial intelligence, Internet of Things, vehicle-to-vehicle communication, and autonomous vehicles with utmost objectivity. The next-generation technological advancements and changing outlooks of the players have been studied with unbiased scrutiny for a clear picture of the trajectory of the industry.