Industry Background:
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.
This growth is primarily driven by Less Maintenance Compared To Other Gasoline Vehicles and Increase in Household Income.
Globally, a noticeable market trend is evident Rising Demand Due To Fluctuating Fuel Prices
. The Electrical Components & Equipment sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as 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) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On3rd March 2018, Harley-Davidson (key player of motorcycles) and Alta Motors are collaborated for electrical motorcycle revolution.
On 19th November 2018, Energica Motor Company an Italian manufacturer of electric motorcycles has unveiled the Bolid-E, at EICMA 2018
Market Drivers
- Less Maintenance Compared To Other Gasoline Vehicles
- Increase in Household Income
Market Trend
- Rising Demand Due To Fluctuating Fuel Prices
- Adoption of Long Mile Range Motorcycles
Restraints
- Lack of Infrastructure for battery
- 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
Challenges
Durability of Rechargeable Batteries
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, E-Motorcycles Study Sheds Light on
The E-Motorcycles Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the E-Motorcycles industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where E-Motorcycles industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.