About E-Motorcycles
E- Motorcycle is also called as electrical motorcycle. It is plug –in electrical vehicles. In this motorcycle electricity is kept on board in a rechargeable battery, which drives one or more electric motors. The main difference in e motorcycle and fuel based motorcycles is gas fuel in a conventional motorcycle is exchanged by either batteries or fuel cells in an electric type. There are three type of batteries present in the e motorcycles such as SLA, Li-ion and NiMH.The E-Motorcycle market can unlock its immense potential and offer a sustainable, efficient, and exciting future for urban mobility. The key lies in understanding consumer needs, building trust, and creating a supportive environment for E-motor
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global E-Motorcycles market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Energica Motor Company (Italy), Lightning Motorcycle (United States), SAROLÉA (Belgium), Zero Motorcycles (United States), ALTA MOTORS (United States), CAKE (United States), KTM Sportmotorcycle (Austria), Polaris Industries (United States), Saietta Group (United Kingdom) and Emflux Motors (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Johammer e-mobility (Austria), Tork motors (India), Harley-Davidson (United States), BMW Motorrad (Germany) and NXT Motors (France).
Segmentation Overview
AMA Research has segmented the market of Global E-Motorcycles market by Type (Motorcycles and Scooters) and Region.
On the basis of geography, the market of E-Motorcycles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the E-Motorcycles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Battery, the sub-segment i.e. SLA will boost the E-Motorcycles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage, the sub-segment i.e. 24V will boost the E-Motorcycles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand Due To Fluctuating Fuel Prices and Adoption of Long Mile Range Motorcycles
Market Growth Drivers:
Less Maintenance Compared To Other Gasoline Vehicles and Increase in Household Income
Challenges:
Durability of Rechargeable Batteries
Restraints:
Lack of Infrastructure for battery and High Cost Associated with E- Motorcycle
Opportunities:
Higher Adoption of the Electric Motorcycles & Scooters in the Emerging Nations and Huge Demand Due to Rapid Urbanizations and Rising Awareness about Benefit
Market Leaders and their expansionary development strategies
In December 2203, Ducati and Italdesign has entered into partnerhsip this Italian design powerhouse unveiled a stunning prototype e-motorcycle in collaboration with Ducati, showcasing potential design directions for future electric offerings from the legendary brand.
In October 2023, BMW CE 04 has renowned German manufacturer forayed into the e-scooter market with this futuristic and innovative urban mobility solution offering unique design and practical features.
Key Target Audience
Electrical Motorcycles Manufactures, Electrical Motorcycles Suppliers/Distributors, Electrical Motorcycles Industry Association, Government regulatory bodies, Government and Private Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.