Scope of the Study
A high-performance electric motorcycle works essentially the same way a gas-powered motorcycle works; it is propelled by an engine, and that engine requires fuel. The difference is that the gas fuel in a conventional motorcycle is replaced by either batteries or fuel cells in an electric version. The high-performance electric motorcycles are plug-in electric vehicles and electricity is stored on board in a rechargeable battery, which drives one or more electric motors. Also, battery technology plays a key role because it decides the mile range and charging time for electric motorcycles
The market study is being classified by Type (3hp≤ Output Power <12hp, 12hp≤ Output Power <20hp, 20hp≤ Output Power <45hp, 45hp≤ Output Power <75hp, 75hp≤ Output Power <100hp and 100hp≤ Output Power), by Application (Off-Road and On-Road) and major geographies with country level break-up.
Energica (Italy), Lightning Motorcycles (United States), Victory Motorcycles (United States), Zero Motorcycles (United States), Sora electric motorcycle (Canada), Harley-Davidson (United States), BMW (Germany), KTM (Austria), Yamaha (Japan) and Honda (Japan) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Saietta (United Kingdom), Brutus Electric Motorcycle (Nevada), TORK Motorcycles (India), ZecOO Electric motorcycle (Japan) and Johammer (Austria).
On Oct 17, 2017, Zero Motorcycles, the global electric motorcycle sales and innovation leader, announced the release of its 2018 model line. Zero once again raised the bar for all electric motorcycles by increasing battery capacity and range, and launching a new high-speed on-board charger option that increases charging speeds by 6X. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global High-Performance Electric Motorcycle market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global High-Performance Electric Motorcycle market by Type, Application and Region. On the basis of Type, 20hp≤ Output Power <45hp are dominating the market in the year 2018 where as 45hp≤ Output Power <75hp stood as second largest market share.
On the basis of application, Off-Road Market segment is dominating the market in the year 2018 where as Street Market segment stood as second largest market.
On the basis of geography, the market of High-Performance Electric Motorcycle 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). Asia Pacific region held largest market share in the year 2018. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Battery Type, the sub-segment i.e. SLA will boost the High-Performance Electric Motorcycle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Decreasing battery prices allowing OEMs to push cost benefit toward customers
- Government support and strict rules in favor of electric bikes
- Growing consumer inclination towards use of e bikes as an eco-friendly and efficient solution for commute
- Development of long mile range electric motorcycles
- High cost of high-performance electric motorcycles
- Improving motorcycling infrastructure and battery technology
- Stringent rules for installation of charging stations
- Small distance covered by electric motorcycles
Key Target AudienceHigh-performance Electric Vehicle Manufacturers, High-performance Electric Vehicle Component Manufacturers, High-performance Electric Vehicle Battery Manufacturers and High-performance Electric Vehicle Infrastructure Providers (Charging station manufacturers)
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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